July marked a clear turn in the real estate road…..

Existing home sales are dropping (again) , foreclosure filings are increasing and that can only point to a double dip for housing?

* 20% FURTHER decrease in property values.

* Increase in foreclosures…and even a larger increase in REO listings as banks release their inventory.

* Without government stimulus…and housing required to stand on its own feet…real estate is being forced to deal with reality. Reality is we have a massive over supply which will only be solved with liquidation.

Watch and learn….

25% of existing home sellers have dropped their prices…making paper losses for those owners over 30 BILLION!

Bottom line, prices ARE falling again…we ARE in the double dip we have been hearing about.

Watch Video to learn more….

I have posted this before on this blog and thought we all might need a refresher course…folks no matter what you believe things are just not getting better in this country right now…plain and simple.  Please read this article below and really think about it…

Read this slowly, let it sink in, VOTE in November

This is about as clear and easy to understand as it can be. please read the entire article.

The article below is completely neutral, not anti republican or democrat. (read more…)

Ok, we are all seeing and hearing what the present administration wants us to hear…things are stabilizing, recovery is here…more propaganda.  Here is a report that will show you a different picture about real estate and our economy.    The housing double dip that has been lurking for a few years is now raising its ugly head.   Listen carefully to what Meredith Whitney is sayin…

Watch this video to learn more!

This is a VERY interesting Grapic showing the unemployment rate changing from 2007 thur May 2010.