Local channel CBS 4 has probably been the best local news channel on covering the bubble. This latest one even reports of a condo selling for 88% off its previous purchase price:
CLICK HERE TO WATCH VIDEO
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Covering real estate in Miami-Dade, Broward, Palm Beach, and Monroe counties
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2007
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October
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- Today's F@cked Buyer (Various in Broward)
- An unfair tax may become even more unfair
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- The Risk of Catching a Falling Knife
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- Today's F@cked Buyer (Pompano Beach)
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- The Mortgage Forgiveness Debt Relief Act of 2007
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October
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7 comments:
I wonder if they've lost viewership because they're talking negatively about the Housing Market.
Just like in this question to the Editor for the Sun-Sentinel.
Letter to the Editor
If you research the Name "Michele Stadler" you will see that she has a vested interest in the market.
There was some discussion of Stadler back when it was originally posted on this blog:
http://www.soflahousing.com/2007/09/todays-local-real-estate-news-is-it.html
However, it will never get old discussing that twit.
How I missed that is beyond me :p
Has anyone heard about the new "debt forgiveness" legislation they are getting ready to pass in Congress?
Here is an article about it:
Mortgage Forgiveness Act - The Seen and Unseen
"Has anyone heard about the new "debt forgiveness" legislation they are getting ready to pass in Congress?"
If it passes in it's current format, it could encourage more upside down property owners to give the keys to the bank and walk away.
"If it passes in it's current format, it could encourage more upside down property owners to give the keys to the bank and walk away"
That's what I think, too. It may help F'd borrowers, but it certainly won't help the real estate market.
"Has anyone heard about the new "debt forgiveness" legislation they are getting ready to pass in Congress?"
Does anyone know what hurdles the bill has to jump over before it becomes Law?
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