Today’s NY Sun reports that an expected industry report on condo prices will show softening on a year over year basis for the second quarter. As the article recites, industry analysts opine on whether they foresee a repeat of the coop collapse of the late 1980′s when oversupply combined with softening demand and tax reform to cause a sharp drop in prices. Some, according to the article, feel the City’s overall healthy economy will prevent this recurrence in the case of…

Liens discovered on FSBO deal could be trouble
What happens to title if sellers can’t cover $14K in fees?

Bubble Metrics
I came across a very interesting website, that of the Center for Economic Policy Research, an organization that’s done alot of looking into the housing bubble issue and that has alot of articles that you’ll find interesting and informative. What’s really noteworthy, though, is a unique bubble calculator that seeks to measure whether you’d be better off renting or buying by plugging in the price, mortgage terms, location and projected hold time into the fields, which then takes into…

Fed steps in to help lenders, but is it too late?
Commentary: Credit crunch will likely hurt ‘bubble zones,’ economy

To file or not to file a homeowner’s insurance claim?
When it makes financial sense

Honeymooners: Income Tax
Honeymooners: Income tax – Die for the Government Anti-Flag tosses up the kind of vintage, early-’80s, So-Cal, melodic punk that B.Y.O., Frontier, Posh Boy, and other labels specialized in, and a ska song is welcome. New Red Archives. Customer Review: An album I could imagine Emma Goldman and Ward Churchill [...]

49% Simple Human 51% Tax Preparer 11 oz. White Mug
49% Simple Human 51% tax Preparer 11 oz. White Mug – Complete History, Vol. 1 80 songs from one of the most influential ’80s DC bands. This 2CD set includes ‘Make An Effort’ EP, ‘Boycott Stabb’ EP, songs from the ‘Flipside’ LP, ‘Joyride’ LP, The ‘Fun Just Never Ends’ [...]

Starman
Starman A departure for director John Carpenter, STARMAN is a gentle, simple film that won accolades from critics and applause from audiences. Jeff Bridges plays the title character, an alien that has come down to Earth on a peaceful scouting mission. When he takes the form of a recently widowed woman’s dead husband he [...]

49% Simple Human 51% Tax Preparer 11 oz. White Mug
49% Simple Human 51% tax Preparer 11 oz. White Mug – A bipartisan coalition in the U.S. Senate plans to try Wednesday to break the logjam over whether the cost of going online will be free of taxes. -The Washington Post States Renew Case Against Internet tax BanStates are mounting a last-minute lobbying push [...]

Another View on the Bubble-No Bubble Coin Toss
Glenn Roberts, Jr. of Inman News today quotes from findings of the Anderson Forecast, an economic report out of UCLA. According to the report, housing is more likely to head for a crash rather than the gradually deflating balloon we’ve all be hearing about lately. For more, check out the article ( subscription required) at http://www.inman.com/hstory.aspx?ID=53488