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New Orleans First to Experience Housing Bubble Burst
Are we starting to see the Housing Bubble Burst in the wake of Hurricane Katrina? In New Orleans many homeowner's had their equity literally washed away. They are upside down in negative equity and basically underwater. It appears that the New Orleans Housing marker has gone down the drain. New Orleans experienced significant growth in the past year, prices had increased; many had taken out second loans to pay off credit car debt, which helped fuel the economy there. Relatively few need their credit cards for recent shopping sprees, as they just broke in with a little help from their friends and took those few items they needed for survival. You know like a; Surround-A-Sound System, with HDTV, 64" Flat Panel Display to watch your favorite local team the Saints. Yes the market is flooded with homes for sale in the City New Orleans indeed. Some of these fine homes are not only very cheap now, but they come with the former residents still inside. The local economic development association director issues a recent statement that he and his staff are very optimistic about the future of the New Orleans real estate and that they do not see a dry period in the housing market there. In addition they indicated that New Orleans has a lot going for it; water rates are cheap with an abundant supply and sewage is not a problem also quite abundant. But that is not all. They touted their many shopping districts with rock bottom prices, so low in fact it was almost like stealing and the city at this point is not even charging sales tax, almost like a duty free shopping spree. Crime and community services are also not a problem and are both abundant and non-existent. Transportation is not a problem there is virtually no traffic at all. Think about the New Orleans housing market, get in on the ground floor while prices are cheap. "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs
Latest News:Site: Yahoo! News Search Results for news Sarah Palin docu wins record ratings for Fox News (Reuters via Yahoo! News) In a week of records surrounding the Republican National Convention, Fox News Channel earned another one with its weekend documentary on vice presidential candidate Sarah Palin. MySpace ad business ahead of target: News Corp (Reuters via Yahoo! News) News Corp's (NWSa.N) MySpace advertising business is operating ahead of expectations and its digital ad business is performing better than the marketplace, the company's chief operating officer said on Tuesday. Relief: Cubs get good news on Zambrano, Harden (ESPN) The Cubs received encouraging news on pitchers Rich Harden and Carlos Zambrano on Tuesday. False bankruptcy item highlights risks in online news (Market Watch) Investors are getting a fresh lesson in the power and perils of lightning-fast news on the Web in an already fast-moving market. Petraeus to Brief FOX News on Final Battlefield Tour (Fox News) Gen David Petraeus, fresh off an announcement that thousands of U.S. troops will be withdrawn from Iraq, will give his final U.S. interview to FOX News Wednesday before handing over control of U.S.-led forces in Iraq to Gen. Raymond Odierno next week. Lesson 6: Broadcasting news (BBC News) Students practise reading the news and produce a news programme adhering to a strict deadline. UPI NewsTrack Quirks in the News (UPI) Car crash knocks woman off toilet ? Woman uses Feng Shui after car hits home ? Mistakenly diagosed man gives away savings ? Wisconsin man eats 23,000 Big Macs ? UPI Quirks in the News. Lesson 5: Ordering news (BBC News) Students order several reports to make a news programme which appeals to a specific audience. Lesson 3: Writing News (BBC News) Students write a news script which is clear, concise and correct - the three Cs of journalism. Yahoo News Redesign May Pull a Technorati ? Why Not Twitter? (Wired News) Bloggers have uncovered URLs for a new Yahoo News layout which includes a ?Most Blogged? section. The list is presumably based off Buzz Tracker, which displays related blog posts and those that link back to an article. But wouldn't a "Twittered About" section make the site seem more cutting-edge? Site: news - Google News Palm Unveils New 'Nova' Software, 'Palm Pre' Phone - CNNMoney.com
MORE RESOURCES: Site: Yahoo! News Search Results for humor New play finds humor in horror (Brigham Young NewsNet) 'Bread of Affliction,' a new production by the BYU Experimental Theatre Company, which will run Sept. 12 and 13, demonstrates how the Jewish people have survived many things largely through the power of humor. 'Whole lotta kid' kept humor despite cancer (Miami Herald) From the minute he was born, on Nov. 22, 1995, at 8.2 pounds, Bailey Blu Kayes was ``a whole lotta kid.'' He was, said his mother, Nicole Bailey, ``all energy -- running full speed, nonstop.'' TenantReports.com Injects a Sense of Humor into the Housing Market Amidst Credit Crisis (PRWeb) The mortgage meltdown makes tenant screening more important than ever for independent real estate investors. Real estate services site, www.TenantReports.com , aims to educate landlords on effectively screening potential tenants, while bringing a smile to those wrought with anxiety or fear of foreclosure at the thought of taking on tenants who can't pay the rent. (PRWeb Sep 11, 2008) Read ... Try humor to discourage kids' drama (The Charlotte Observer) Q. Our 16-year-old daughter constantly tells her younger siblings what to do and how to do it, and that the way they do things isn't good enough. It creates daily friction. What can we do to make it stop? A sense of humor would help. Fifty-plus years ago parents took child-raising seriously, but they took children, for the most part, with the proverbial grain of salt. Today's parents take ... Glossy thriller "Fringe" has heart, humor (Reuters via Yahoo! News) Strange things are happening, which is what you'd expect in a new series from J.J. Abrams. York County calendar of events (York County Coast Star) Talk: "The Art of Maine Humor" by Tim Sample at the Ogunquit Museum of American Art, at 6:30 p.m. 646-5511 / www.ogunquitplayhouse.org. Golden anniversary for Davidsons (Georgetown Record) What keeps a marriage strong and healthy for 50 years? The grown children of Georgetown residents Bob and Betty Davidson think it is their love of strong family values plus a shared sense of humor and acceptance of each other. ?Spiderwick Chronicles? comes to Fenton library (Tri-County Times) Fenton ? What do you get when you cross ice cream with a VCR? The answer? A ?time-out.? ?Hob the troll? from the Renaissance Festival, with his own special humor, music and stories, was the highlight of a ?Spiderwick Chronicles? event at Jack R. Winegarden Library in Fenton. Varner: College education puts wage earners ahead of curve (The Pantagraph) A grandfather in the area sent an e-mail commenting on a recent article and also remembered my youthful enthusiasm, humor and respect for students. He couldn?t however quite remember when he was in my class. A quick check in the grade book showed it was fall 1975. I was brand new at Illinois State University. God has a sense of humor (The South Alabamian) Psalm 59 :7-8 (NLT) "Listen to the filth that comes from their mouths; their words cut like swords. 'After all, who can hear us?' they sneer. But LORD, you laugh at them. You scoff at all the hostile nations." Jesus faced the problem of pride with many of his closest disciples. Site: humor - Google News 'Darwin Awards': accidental humor - Baltimore Sun
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