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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (121255)5/6/2008 10:19:31 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
I have some COF, LEH and MS puts that expire in June/July, and I'm wondering if I went out far enough. I bought them a while ago, so they were pricey. I figured the Level 3 assets would catch up to the IBs by now, but I guess the discount window makes all that messy accounting unnecessary, along with the fictional reporting requirements for the Level 3 stuff.



To: saveslivesbyday who wrote (121255)5/7/2008 2:27:08 AM
From: Jim McMannisRespond to of 306849
 
Bulletproof housing markets get hit

The mortgage meltdown has finally gotten to Seattle, Charlotte and and other cities where prices had been holding up.

money.cnn.com

NEW YORK (CNNMoney.com) -- Some of the last, best housing markets - the ones that continued to climb even as the rest of the country cratered - have turned south lately.

Seattle, Portland Ore., Charlotte, NC, and Salt Lake City all posted home price gains during 2007, even as more than half of the 150 markets tracked by the National Association of Realtors registered declines. Now they've joined the losers.