Is it time to form a new city? Maybe...

Post by Mike Flynn

The link below is positive since there has been some behind the scenes organization to form a new city in Albany's Northwest sector. Just think what a new city with the tax base of the Albany Mall, Doublegate, and Chic-Fil-A could do!

Judge tosses lawsuit to dissolve new cities

Average US home undervalued by 4%

Post by Mike
These two stories show the market bottoming.

Zerohedge - data from CoreLogic shows prices stable

Trend lines - Realty Bubble

This is a big part of the problem...

Post by Mike
This just came out on Zerohedge. It tells the story of a couple that has lived in their 4,900 square foot Maryland home, for FIVE YEARS without making a single  payment. Oh... and they put nothing down on the purchase.

JUST LIVING THE DREAM!