From the Wall Street Journal: “‘I’ve never seen a soft-landing in 53 years, so we have a ways to go before this levels out,’ Countrywide CEO Angelo Mozilo said on a Tuesday conference call. ‘I have to prepare the company for the worst that can happen.’” Of course, we all learned that Washington Mutual announced…
Author: S-Crow
"S-Crow" (Tim Kane) is co-owner (with spouse Lynlee, LPO-Designated escrow Officer) of Legacy Escrow Service, Inc., an authentic independent escrow firm closing residential purchase/sale and refinance transactions.
Sue hates me: not really, but she and others want the dirt.
My reponse was too long in the thread so I thought I’d throw it here for people to debate. Well, Sue hates me. Actually, just teasing. But, she thinks that my picture of Mt. Rainier is rather boring and may not add to this blog. Geez, who couldn’t take a shot of Mt. Rainier with…
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One of the benefits of homeownership (ok it’s only a few days of the year this clear, but when Mt. Rainier shows her majesty, it speaks for itself) Looking South over Snohomish Valley past Monroe. Photo: Tim Kane -July 25th, 2007, 8:30pm. Hello Bloggers. Gosh, I have a bunch of topics to discuss. No time…
Dry Rot: Rot from housing spreading to financial sector
Back to work Monday has arrived and my normal routine is to find Bill Fleckenstein musings on the financial markets. I’m fairly sure he coined the term “housing ATM,” among other gems, and he’s at it again with this morning’s take on the markets. Perhaps as a sign that folks are starting to care, the…
Contrarions guilty of the FUD factor: fear, uncertainty, doubt
Craig King of Real Blogging, the official real estate industry blog, says it’s a great time to be buying or selling real estate. “No matter what you’re selling, conventional wisdom is that the FUD Factor (fear, uncertainty and doubt) tends to freeze buyers in their tracks.” He goes on to say that,”If we do a…