It's a good thing the housing sector has been recovering so well these last six months. Be careful, the housing market is not the market of housing stocks. The stocks aresaying that six moths ago we'd be emerging about now. Just like the NAR has been predicting. Amazing how a downturn cannot be recognized until it is over but upturnssignal their arrival half a year into the future. IMO we'll revisit and more the lowsof last summer. How can we not?
There's asaying on Wall Street that say; "The second mouse gets the cheese." There are some disturbing coincidences twixt yesterday's events. Valuations got ahead of fundamentals. A stumble resulted in ripple effects. Large players intervened to prevent prices seeking their own levels. Short term bargain opportunities were created. And worst; everyone with avested interest came out today to calm the other mice that all was well, Casey is an isolated case and the market correction was not indicitive of a larger problem.
Personal note; I don't care. It could be affectation, it could be cultural differences, it could be a secret signal to people with Ultra-Gaydar. I don't know, I don't know why anyone cares but here it is. And hey, I got Gaydar. When Suze Orman came out yesterday my reaction was "What? She was in the closet?" That haircut alone. Point being, irellevant to the situation.
The EN shadows were out in full force yesterday. And many have good memories. The flat tire is the best thing that could have happened to our delicate flower of the Central Valley. He'll get at least 4 posts with several hundred comments out of it. Wait until he finds out how much a replacement low pro is going to cost. If he was real unlucky the rim may be damaged and we are into 4 digits to fix. Well not for me, I'd use my internet surfing skillz and woking ccard to snag a single replacement for maybe three bills. If Young and Gulibile managed to hook up with a repair shop that saw the "L" on his forehead... the total icould be astronomical. 
In addition to the entertaining movie trivia aspect of the picture, how in the world does someone attend their own financial funeral?
See if you can spot the interesting thing about this picture. Here's a hint:
There's only one subject this morning. Well there's quite a few we've saved up but if I don't want to be hit over the head by a caveclub, driven by dirty jeep and dumped in a neighbor that speaks only jive with nothing but a jamba Juice gift card I better declare:
Yellow is the new prison orange. Meet Casey's future roomates. [federal equal time posting hereby fufilled]
Calling this sh!tbox a house is an insult to real sh!tboxes. A rippin' 545 Sq. Ft. and a predialian 0.03 Acres this little gem won't last long. Literaly around the corner in Ventura's "Avenue" I'm not sure if it is the graffiti or rats that seal the deal. And yes, more expensive than the McStucco Manse of earlier this evening.
Young Snowflake has been very optomistic of late. A seeming contradiction to tomorrow's doubleheader foreclosurepalozza. No one should be surprised. It is about time for his personality swing to take an upturn and you need to be able to translate from Realworld™ to Caseyworld™. In Caseyworld™ he has these two houses. They are not bringing in any money, they are running up the big scary numbers on this spreadsheet and they fill his mailbox every week with scary mail. In Caseyworld™ after tomorrow all those things will go away. Best of all he didn't have to do any work himself. Win-win.
This is Brian. Brian is new to Caseyworld™. Brian is a titan in training. Brian is the future we Boom, Cusp, and Xs will entrust our later years. Let's give Brian a big ole' EN welcome at his all business blog at http://young-manager.com/ His inspiring story is also there: http://young-manager.com/?page_id=2
I for one am getting tired of just staring. Even Monday's double large pair of huge attention getting forclosures won't bring about the climax we all want and deserve. Like a deer caught in the headlights Casey will just sit on his blue ball and bouce and jiggle a little bit and then nip off for something juicy to put in his mouth or maybe a meaty morsel or two from In-N-Out.
Nigel is at it again. He is trying to backpedal on his incredibly stupid comments about populationand housing demand. I left a comment that was polite and topical. Thus there is little doubt it will be censored. If it is censored Nigel will have used up any good will he may have had. Nigel is a frequent visitor to our Exurban Nation. Surely he understands that his opinions are subject to scrutiny.
Chart of the Day is a dandy little tool. Just another emial in the inbox to read or ignore but ssoemtimes a picyure is worth a thousand words. 
This time without the log scale and the added consideration of the effect of interest rates.
Forsaken, where for art thou? Oh master of the most sublime art of snarky housing observation tell us here. Anyone know?
It is not as bad as you think. It is worse. I am a major source of most of America's woes. I am addicted to Harbor Freight & Tools. Corporate HQ is here in Camarillo, CA and their lies are too seductive to ignore. HHS drills for $0.99 Mole Chasers for $9.99 and freestanding drill presses for $99.99. How much can a man take? Yes, I konew, America's manufacturing edge is dulled every time I plunk down my gift card but laser etched color coded deep sockets? Metric and SAE? Who wouldn't? 
Okay, so let's just come out and say it. We all have some relatively harmless addictions. Pehaps that's how we avoid the dangerous ones.
How'd you like to be this poor sot? He's seen his property go up $10,000 in the last month. Well I guess that takes the sting out of going down $100,000 per month every month for the preceding three months. 
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I read this book when I was about 3. Does anyone else remember it? Or the lesson? Yep, time again for one of those tedious threads where you are asked why I think the story of Arty the Smarty is applicable to the stuff everybody loves to talk about these days. 'Course iffen you don't want to try you can always send the thread off in a different direction entirely. Maybe even a few trolls van test their skills against an admirable group who is learning fast that the trolls can gain no traction without a reaction.
Come on, be honest. I -know- you all lied on your credit applications. I know this because Casey in the swirling center of the growing controversy has looked all around and reported that -everybody- does it. 
