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From the daily archives:

Thursday, January 8, 2009

Declining property values affect White House too

by Jay HammondJanuary 8, 2009 Mortgage Musings

It’s a good thing the Bushes aren’t selling their current residence when they move back to Texas. The estimated value of the Presidential Residence at 1600 Pennsylvania Avenue has declined more than $23 million or 7.2 percent, in the last year, according to Zillow.com. Don’t feel too bad for the Obamas, however, the White House [...]

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?Housing Markets Will Roar Back in 2009?

by Constantine von HoffmanJanuary 8, 2009 Market Update

At dire times like these, we can all use a laugh or two. So our  thanks to the author of the report, ?Housing Markets Will Roar Back in 2009.?  At least I?m supposing that it?s brilliant satire because the only other explanation is out and out lunacy. Always hard to tell because as Spinal Tap?s [...]

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