"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
This from Loundon County VA, one of the wealthiest counties in the nation. Real estate taxes fund 72% of their budget but values dropped 10% last year with more drops predicted. Now they have a budget shortfall of $251 million.…
A CDO called Norma left ‘hairball of risk’; Tailored by Merrill Lynch The WSJ details how a CDO called Norma that sold $1.5 billion in securities to investors in March is now worth a fraction of that – assuming buyers…
From ForeclosureListings, just a few of the foreclosures in zip code 91406, where we used to live. When we moved in Jan 2007, there were few, if any, foreclosures. Now there are 466 when you include preforeclosures. The area is…
New condos in this development are priced from low $500’s to high $600’s, yet this owner is selling for $425,000 and says ‘never lived in.” Sounds like a flipper in trouble, and there are tens, maybe hundreds of thousands in…
On this Christmas Day, there are many with not much to be merry about. The photo is from an excellent Reuters article on a tent city in the Inland Empire, which is ground zero in southern California (maybe the nation)…