Monday, May 9, 2011

US Housing Has Worst Quarter Since 2008

US Housing Has Worst Quarter Since 2008: "A new survey from Zillow shows that the US just had its worst quarter for home sales since 2008.
Some key datapoints:
Nearly 75% of homes in the US lost value from Q1 2010 to Q1 2011. That's up from 69% the quarter before."

Weasel Zippers » Blog Archive » Obama Planning $1 Billion Bailout For GM Wall Street Fannie Mae Freddie Mac Egypt…

Weasel Zippers » Blog Archive » Obama Planning $1 Billion Bailout For GM Wall Street Fannie Mae Freddie Mac Egypt…: "Vomit inducing: We’re bailing out Egypt while its Christians are being ethnically cleansed"