Thursday, February 09, 2012
1. Top housing blogger is calling a bottom in the U.S. housing market
 
2. The latest housing data might surprise you
 
3. A look at where home prices could be headed next
 
1. Richard Russell: This could be 2012's "market moving" event
 
2. Porter Stansberry: These facts show the "End of America" is coming
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
This is a must read for housing bulls...
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Monday, March 08, 2010
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From Bearwatch:

Karl Denninger looks at recently-failed US banks and by comparing their asset valuations with losses charged to the Federal Deposit Insurance Corporation discovers that they overvalued their properties - at the time of failure.

If you add up the nominal assets of the three banks - $903 million - and downgrade them to their real value as implied by the losses borne by FDIC - $602.3 million - you will find the collective assets were overvalued by 49.9%. In other words, current estimated real estate values should be cut by 33.3%...

Read full article...

More on housing:

The 5 charts all homeowners must see

White House considers banning home foreclosures

Real estate insider: We are headed for a catastrophe

Topics: Housing | Real Estate
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