«-- Jim's Quote of the Day: | Main | Weekly Survival Real Estate Market Update --»
Odds 'n Sods:
Courtesy of Steve H., comes this article: Is your grocery bill going up? You're
not alone
o o o
More and more bad economic news: Investment
Firms Tap Fed for Billions. Meanwhile, we read: Corporate
liquidity begins to dry up. Also, The
Insider told me that KB Home (already
in hot water for inflating home appraisals) just defaulted on a $850
million loan from Wells Fargo, and they've been given
just 30
days
to settle
up,
or
face
a foreclosure that could trigger collapse of the company. The global credit
crisis is far from over, folks. The chances of a full scale economic depression
are
growing,
daily. Get
your
logistics squared away, pronto!
o o o
California
freefall: Home prices down 26% since last year. This is not anywhere near the
bottom folks. I stand by my prediction of at least 60% price declines in
the most overbought markets.
o o o
Do you own a Remington Model 700? If so, then reader CDR recommends the Remington
700 BDL Kwik Klip Magazine Conversion,
available from Cabela's, Gun Parts Corp., and several other Internet vendors.
