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Overbuilt - Overpriced -
Pristine areas destroyed for this
'Strategic Defaulters' Skip Mortgage Payments as Home Values Tumble
Sole occupant of 32-story Fort Myers condo wants out
'Too big to fail' is government sanctioned extortion, (or a GS myth, take your choice).
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60 percent of Florida condo and homeowner associations reported that half of their units
were two months behind in paying maintenance fees.
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More than five million households are behind on their mortgages and risk foreclosure.
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U.S.A. Sales Tax Rates Hit Record High
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The state's (AZ) jobless fund is broke.
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How free markets sank the U.S. economy
America slides deeper into depression as Wall Street revels
Soil Shifts Beneath San Antonio Subdivision
In Phoenix, AZ - 80 mil square ft. of business space is vacant
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By the end of 2012, 39 percent to 50 percent of home purchases
in Phoenix will still be foreclosed properties,...
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thehousingbubbleblog -- March 16, 2010
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The undeveloped tract planned to hold luxury condos, high-end retail and posh hotel rooms at Biscayne Landing will go to the highest bidder at a foreclosure auction April 6. But only if the city of North Miami approves the buyer. Meanwhile, the only complete part of the Biscayne Landing project, two condominium towers plagued with low occupancy rates and owners who complain the luxurious lifestyle promised in sales brochures never materialized, is mired in a separate foreclosure. The 173 unsold units are scheduled for another public auction May 11 after BLIA Developers, the Boca Developers subsidiary that developed The Oaks, lost a $35.5 million foreclosure lawsuit in February.
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The 2010 re-designed plan -
provides more open space
and trails,
a larger wildlife corridor
and responds to local interests
to give the entire development more variety and flexibility.
The student population in the ... area cannot currently support two elementary schools, due to foreclosures and the fact that some of the planned/projected growth in the ... section of the school district never materialized.
keywords & phrases
accidental landlords
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underwater mortgage
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unemployment
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falling condo prices
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condo reversions
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maintenance fees & upkeep on foreclosed properties
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saved jobs
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HELOCs
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pay option ARMs
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house flipping
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granite & stainless steel
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commercial & industrial loans
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The Federal Reserve System
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bank bailout secrets
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buying treasuries to finance debt
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checks and balances on capitalism
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securitization
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spin
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Case-Schiller data
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too big to fail
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stock price movements
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housing prices only go up
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appraisal fraud
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it's different here
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God's not making any more land
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priced out forever
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victims
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short sales
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recourse states
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Masters of the Universe
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economic forecasters
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financial crisis
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green shoots
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off balance sheet risks
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Financial Crisis Inquiry Commission
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Landsbanki
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overbuilt with very expensive houses and condos
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leverage
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housing ATM
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credit card debt
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refinancing applications
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McMansions
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jumbo loans
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gasoline inventories
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toxic loans
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jingle mail
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government bailouts
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bank failures
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REOs
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shadow inventory
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zero down
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liar loans
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NINJA loans
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sub-prime
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subprime is contained
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no income
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interest only
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option ARM resets
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alt-A mortgages
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plunging home values
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vacancy rates for U.S.A. apartments
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reverse foreclosure
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Bernanke
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Geithner
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TARP
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securitization
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derivatives & synthetic structures
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CDOs
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Credit Default Swaps
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prime loan defaults
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mark to market
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mark to fantasy
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months without a house payment & still no foreclosure
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notices of default
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personal & business bankruptcies
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bankruptcy filings
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can't refinance
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inventory of available homes
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securities fraud
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felony wire fraud
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forged documents
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foreclosed commercial properties
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credit ratings
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banksters
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squatters
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lack of regulation
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illegal population
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torches & pitch forks
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U.S. Chamber of Commerce
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fog a mirror
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insolvent banks
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double dip recession
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COBRA
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Home Affordable Modification Program
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first time homebuyer tax credit
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urban planning
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ghost estates
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cheap credit binge
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Financial reform
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Federal Reserve Bank of New York
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debt pools
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Fannie Mae and Freddie Mac
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overhauling regulation of U.S. financial markets
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buying distressed mortgages
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second mortgages
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strategic defaults
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taxpayer money
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Penny Wise, Pound Fuelish
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Face of Foreclosure
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Hardest-Hit Fund
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Financial Crisis Inquiry Commission
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Office of Federal Housing Enterprise Oversight
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unregulated mortgage market
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extraction of home equity
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regulation of derivatives
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consumer protection
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Great Recession
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Goldman Sachs Fraud
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moral bankruptcy
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crony capitalism
Nature loss 'dwarfs bank crisis'
World Economic Forum
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Global Risks Report
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