Tag Archives: foreclosures

34 Homes in Babylon Pending Foreclosure

December 24, 2008 – 2:23 pm

Tom McGiveron has a new post up on foreclosure statistics in Nassau and Suffolk from RealtyTrac. RealtyTrac doesn’t have the best reputation for accuracy, but even still there’s bad new all around Suffolk county.
The big shock, 34 homes in foreclosure right here in Babylon. That may not seem like a lot. Looking at the numbers, [...]

By Gary | Posted in The Bubble, The Market, Uncategorized | Also tagged , , , | Comments (0)

Home Prices Drop In October

November 24, 2008 – 8:37 pm

I’m trying to limit the number of doom and gloom posts here on HIB, but it’s hard to ignore this one.
From Bloomberg: Home Sales Fall, Record Drop in Prices

Home resales in the U.S. dropped in October and prices fell by the most on record, signaling a deepening housing recession going into 2009.
Purchases of existing [...]

By Gary | Posted in The Bubble | Also tagged , , | Comments (0)

Back In The Saddle Again

October 14, 2008 – 10:59 pm

Hello HIB readers. Wow, a whole two weeks without an update. Did you guys miss me?
For those of you who are interested, little Aurora Jane is officially the light of my life. Mom and baby are doing well as we all adjust to our new circumstances. I’m back to blogging, so let’s get caught up.
After [...]

By Gary | Posted in Website Stuff | Also tagged , , , , , | Comments (3)

Doom and Gloom

September 10, 2008 – 10:11 am

After a bit of a hiatus on the real estate front, we’re back to our core…um…competency. Fannie and Freddie are bankrupt. Foreclosures on the rise. Dogs and cats…living together. Mass hysteria!
I got this graph from Matt Ygelesias.

Home loan troubles break records again
The Mortgage Bankers Association said Friday that more than 4 million American homeowners [...]

By Gary | Posted in The Bubble | Also tagged , , , | Comments (0)