« As was predicted in the homebuilders annual reports, and this blog... | Main | Centex is trying hard to move inventory »

September 01, 2007



hey Reg, there are a lot of appraisers who did not chose to participate in the real estate run-up. You don't know how many times it was pointed out to lenders (all) that a particular sale, or sales program (read speculative) simply did not add up. Especially those of us who have the scars from the S&L fiasco.

Bill Brown

Spot-on analysis. Housing is an unfolding calamity. We will all pay the price of Greenspan's and Bernacke's "Easy Money Days" for years, and years to come.


Yeah, I know that there were some appraisers that did not go along with the game. Those were the ones that lost business to the one's that did. You upright guys look pretty good now. Some should be careful, after congress finishes grilling the rating agencies for their role in the CDO mess, the appraising agency just might be next. Congress will be unusually aggressive, after all, it's voting season.

ferragamo shoes

the information of this post is very relevant
for what i am looking for, thank you so much for sharing this one

quail hill homes for sale

The S&P index severely understates the glut in housing and the downward pressure on pricing. It uses

turtle ridge homes

The Goldman economists expect a further 7% decline in house prices next year. In this year's second quarter, the index was down 3.2% from a year earlier.

The comments to this entry are closed.

Your email address:

Powered by FeedBlitz

December 2007

Sun Mon Tue Wed Thu Fri Sat
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31