Month February 2007

South Florida. “Mountains of homes” for sale

This bubble done popped. Average time to sell for houses in South Florida is upwards of 16 months. For condos, it’s a jaw-dropping two years. Plus, 11,500 new condos are coming this year with 15,000 more next year. The vultures…

Connecticut, here we come

Our buyer’s mortage funded today, as did the mortage for our new home in Connecticut. Our cars shipped yesterday and the movers loaded up the house today. We arrive in Connecticut on Friday and escrow closes next Wednesday. Woot!

Climate changes comes to Bangladesh

Ocean water is getting into the drinking water in Bangladesh. Peasants are raising shrimp in the fields now, rather than rice, because the increasing salinity of the water no longer supports rice. This impoverished nation, which contributes little in the…