What’s Happening September 30, 2008

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!It’s not a bailout it is the Emergency Economic Stability Act
I never prefer the media spin on what is going on, period. The selling of the Emergency Economic Stability Act as some kind of fat cat bailout is [...]
Feds Fuel Fannie and Freddie

The Four F’s for Today
Yes, the BIG NEWS! for the economy and the housing industry is the take over of Freddie Mac and Fannie Mae. I hesitate to use the word “takeover” but it almost seems appropriate.
No one really knows what this means yet. In the Sunday Business section of the Arizona Daily [...]
Tucson Foreclosures Short Sale REO Bank Owned July 2008

There they are; all the buzz words of Real Estate these days. After seeing the headline “Foreclosures more than double here” in the Saturday, July 27, 2008 Arizona Daily Star I decided I wanted to see for myself where all this stacks up in the Tucson MLS system.
According to an aside on the front page [...]
Tucson Rain Water Harvesting

The Tucson Monsoon season is just 10 days away (now that we have an official start date of June 15, 2008). This yearly period in nature brings about a renewed interest in Rain Water Harvesting.
Winter Weather Returns to Tucson this weekend

Winter weather? Well winter weather here means anything between 50 and 80 degrees. But, it is unseasonably cold this weekend. We woke up in the low 50’s and it is only 66 degrees outside as I write this. If I wanted to sensationalize the weather the way the media does the [...]
Arizona Daily Star Throwing Thorns at Real Estate Agents

Open the paper this morning to more of the typical kind of reporting we see every week. Seems there have been some sales price declines in the first quarter of this year. Tucson down 2.9 percent, meaning we have lost some of the nearly 80% run up in valuation since 2004. This [...]
Tucson When A Bad Omen Isn’t So Bad

I don’t usually write about foreclosures or rates of foreclosure. But I want to address the article that topped the business section of this mornings “Arizona Daily Star”.


