All week we have seen pundits and oracles talk about the imminent doom of Fannie Mae and Freddie Mac (I’ve written before about who they are and what they do, and why it’s a little problematic). Jim Cramer has been saying to get out of Fannie and Freddie’s stock for a year.  Warren Buffet told [...]

The World’s Highest Porta-Potty. That is all.

On a national basis, existing home sales are up (3.1%), and up almost double what was expected (1.6%).  Of course that’s still down substantially from last year (-13%).  Unfortunately, the inventory of available homes is up to a record level.  Some people blame this on a “buildup of condos“.  Bloomberg has condensed what all the [...]

I realize that few of my readers ever visit Al Jazeera’s English site.  This article on the American economy spends a good deal of time talking about Vegas: On the Las Vegas Strip, there’s little sign that the US economy is in trouble. Glamorous, or merely garish, the Strip – a four mile stretch of [...]

When the house is burning down, step one is to get out.  Then you worry about putting out the fire, cleaning up, and figuring out what happened.  In many ways the mortgage meltdown is still a house on fire, but Citizen Carrie of Carrie’s Nation would like to get a checklist to the arson investigators. [...]

I guess the Hulkster won’t be taking that penthouse condo after all. Maybe Jesse Ventura wants it? Las Vegas can make a museum out of almost anything. Guess what state is NOT on the list of 10 most expensive places to get homeowners insurance?  Nevada! If you are trying to get money out of your [...]

Some time back, Bloodhound Blog published a must-read piece for home buyers, The Top 7 Things Every Home Buyer Should Know.  (This item for mortgage brokers is also a good one!)  The points hold true if you are buying your 1st home or your 10th home!  Because so many of the homes currently available are [...]

The number 8 is lucky in Asian cultures the way 7 is lucky to Western cultures. If you want to “get lucky”, the Stratosphere is celebrating 8/8/08 with a mass wedding that will only cost you $8.88 — plus the cost of your license, of course! More: The fee includes the en masse wedding ceremony, [...]

It’s that time of year.  Kids are preparing to go back to school.  Clark County Schools begin classes August 24.  That includes all students in Las Vegas, North Las Vegas, and Henderson. Michael Politz of The Vegas Eye has let us know that Hope Central Ministry is running a school supply drive.  Sadly, many kids [...]

Details are dribbling out as more people have a chance to read the actual text of the big foreclosure prevention bill. It is worth noting that the President did not bother to sign it until Wednesday. CNBC tells us this bill is bigger and will cost more taxpayer dollars than originally expected. Alternet tells us [...]