Wednesday March 07, 2007 Housing Blogger Network Posted by Richard Hodge no, we are not delusional but we join a growing global army of folks that realize housing prices are out of whack with economic fundamentals Housing Blogger Network Our mission is of economic and financial prudence. We are not anti-housing or apocalyptic soothsayers of the future, but realist that believe housing will adjust and revert to a historical mean. We believe that housing needs to reflect the incomes of those living in the immediate area. We believe that easy access to credit and negligence of those offering loans inflated the housing sector. We are against exotic and ridiculous financing offered to minimum wage works so they can purchase $400,000 mega mansions or 800 square foot boxes in California. We vow to continue blogging in 2007 and 2008 to offer guidance to newcomers that are just having their eyes open to the housing bubble. We understand that housing is an emotional and economic issue and that buying a home is not always based on what is economically right, but also the psychology of the current market. We take an oath against giving in to the propaganda machine that all debt is good and that all debt equals freedom.

	Corey	2007-03-26 07:40:33
	Today's new home sales report: Demand down 1/2 million. Contractor bankruptcies loom. More at <a href="http://infohype.blogspot.com">http://infohype.blogspot.com</a>
	Wealth Building Lessons	2007-04-04 10:42:03
	Thanks for putting this up. hopefully you'll dissuade some financially inept people from buying homes they can't afford!
	Pancho	2007-04-07 13:32:14
	It has been my experience that where ever real estate sales people are working, prices go up faster in good times. I've watched the markets in foreign areas and once the sales people moved in, the prices moved up faster and greater than ever. They generally always price a house/condo higher leaving room to negotiate and the 'me too' listings top their predecessors. So with the lenders and the sales pushers, up, up and away !!!
	Schlep	2007-05-29 14:30:48
	Here here!
	Schlep	2007-05-29 14:37:38
	Hear, hear even. Silly expression.
	Rich Hodge	2007-05-30 01:58:26
	I always thought it was "hear, here" as in "hear this: everyone that is here..." but heck no, that's way wrong - I guess the correct is hear, hear - like you said Schlep - good call :)
	taps65	2007-07-05 17:58:56
	and avenue-s.org both sites for public safety and awareness subversion of rural innocence by a collusion of industry insiders, damage: the revelation of a relevant truth can justifies loss causation. scienter (wrongful state of mind), fraud on the market (mortgage backed securities) etc...
	taps65	2007-07-05 18:15:05
	in Littlerock, Ca. 93543 a tiny desert town in the Antelope valley whose adjacent neighbors are called devil's punchbowl, and Mojave desert. no industry whatsoever that could justify proprietary underwriting guidelines. homes transacted in the 300's to the million dollar mark. avenue-s.org/flashfraudalert.html will show you in detail the magnitude of first payment notice of defaults, speculative flipping and fraud on the upswing. a town full of it. this is only skin deep. why- a freeway expansion project is underway (high desert corridors) to connect to the soon to be LAX extension called the Los Angeles Worlds Airport in Palmdale. Littlerock lays right smack in the middle where the freeway is going to be. As planes start to land the supporting network already shall have spent undue millions if not billions from what is happening today.
	Fear Real Estate	2007-11-14 14:42:29
	This blog is about the coming carnage of the United States real estate market due to excessive lending and easy credit standards from the major banks.