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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (89911)11/7/2008 12:00:19 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
"Pending sales ... were down 22 percent from ... a year ago and 46 percent from October 2006..." in King County (Seattle). -- Seattle Times

I think with the recent turmoil, two things will happen: fear of financial difficulty will further slow down purchases; much higher fear of financial difficulty will spur those who've been holding on to a non-productive property to sell *now*. The next six months could be the worst for the housing market as flippers who are way under water throw in the towel or quit claim deed away the homes.



To: mishedlo who wrote (89911)11/7/2008 12:08:37 PM
From: Chispas1 Recommendation  Respond to of 116555
 
S&P's List of Companies Vulnerable to Default :

Data as of Oct. 15, 2008.

businessweek.com



To: mishedlo who wrote (89911)11/7/2008 12:11:48 PM
From: Sea Otter1 Recommendation  Respond to of 116555
 
A VC Take On The Crisis

slideshare.net

Sequoia is one of the best - and smartest - VC firms out there. Check out their take on the situation and what it means to high tech startups:

[Thanks to Stockman].


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