Bernanke Has It All Wrong

Tuesday, July 15th, 2008

Bernake Blames Everyone But Himself Bernanke has it all wrong, and if he can't see it then he should be fired. The Fed Chief, Bernanke, said the housing crisis is "Central Issue" to economy.  I say bull.  The central issues are too much debt, and the unavailability of cheap money.  This all ...

Home Foreclosures Up Nationaly 48%, but down 25% in Alabama

Friday, June 13th, 2008

Home foreclosures surge 7% in may and are up 48% since last year. RealtyTrac tracks three types of foreclosures, bank repossessions (REO), default notices, and auction notices, and bank repossessions accounted for 28% of all foreclosure activity and it was the largest category gainer. Alabama real estate ...