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Just curious, who certifies the Feng Shui consultant? When a home is certified as great Feng Shui, and something less than auspicious happens, what happens then? This is a lawsuit waiting to happen.

Of course, the weather is to be blamed for all this downturn.

Some bonds are now trading 63 cents on the dollar

nirvinerealtor, Actually, when a seller (homebuilder) contemplates whether or not to accept an offer, he will consider, among other things, the net sales proceeds..which basically means sales price minus marketing expenses (e.g. commissions, incentives such as free or discounted upgrades...

I know Taylor Woodrow's Las Colinas is/ was offering $10,000 referral fee which the salesperson was telling me is an exception on TIC's part, but I don't know about Decada or Bougainvillea.

US CREDIT-US home builders risk further ratings downgrades weak spring sales season raises expectations that housing market weakness will persist into 2008.

D.R. Horton's Q1 profits plunged 85%, will cut 2700 jobs. <a href="http://www.signonsandiego.com/news/business/20070419-1339-earns-d.r.horton.html">www.signonsandiego.com/news/business/20070419-1339-earns-d.r.horton.html</a> <a...

<img width="140" height="270" border="0" _base_target="_parent" class="img_left" alt="mortgage foreclosures" src="http://a1022.g.akamai.net/f/1022/8158/5m/images.latimes.com/media/thumbnails/graphic/2007-04/29103823.gif" />...

Does anyone have an opinion on whether the HOA dues will have to go up or risk being underfunded if the community does not sell out? My guess is the HBs will continue to pay for the HOA dues for the unsold units/ lots until the project is completely finished, but what if the HBs file...

<strong><em>"We're in for a fairly ugly correction,"</em></strong> - Ron Terwilliger, head of Atlanta-based Trammell Crow Residential. <strong><em>"Some markets will really be in the doldrums for quite a while,"</em></strong> - David Seiders, chief economist for the National...

<strong><em>"Am I allowed to use negative numbers?"</em></strong> - Ara Hovnanian, CEO of Hovnanian Cos. to a crowd of about 400 at a real estate conference at the Westin Diplomat in Hollywood.

I hope you are right, Graphrix. I am afraid this is an economic crisis, on par with the dot.com or the S&L implosion. And yes, I wrote to Diane Feinstein, the only level headed Democrat in the Senate. Thanks for the reminder!

I was told one of the R3 on Honey Bee sold late 2006 (probably November through year end) for ~$1,050,000. Can anyone with access to sales transaction records confirm that? Or what the R3s on Sonora sold for?

Also note that they may be receptive to paying a referral of ~$10,000 to real estate agents upon COE which they say is a progress on the part of TIC, and not offered by other HBs. Perhaps this tidbit of info can be used to leverage more incentives out of TW.

$120B suprime bail out? http://money.cnn.com/2007/04/13/real_estate/subprimebailout_cost.moneymag/index.htm?postversion=2007041316 Why am I being punished for someone else's idiocies?

nirvinerealtor, I probably should give as much credence to the opinions of the people on this bearish forum as I should to a realtor's mantra "there may never be a better <strong>time to buy</strong> a home than right <strong>now"</strong>. I was actually looking for perspectives that...

I am not aware of a typical residential mortgage pegged to LIBOR unless a loan to a commercial entity??

On one hand, I need to buy this year because (1) tax write-offs (2) so that my family will have a home On the other, to recap the headline news of late (1) "Late Property Taxes A Growing Woe" - OC Register, April 8 (2) "Mortgage Mess On Par With Dot-Com Bust, Stock Crashes" - OC...

<strong>Subprime mortgage scare spurs even fancier CDOs</strong> <p>By Neil Shah- Analysis </p> <p>NEW YORK (Reuters) - With the subprime mortgage crisis making investors wary of collateralized debt obligations, or bonds secured by other bonds, Wall Street is cooking up even riskier deals...

<strong>Springtime may prove chilly for housing market </strong> By Michael Liedtke The Associated Press SAN FRANCISCO -- Springtime usually means good times in the housing industry, but this year it's threatening to become a grim season of reckoning. Signs of a sobering...