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Thursday, May 08, 2008

Follow me to another site

Hey, readers, I'm getting ready to say goodbye. My blog is migrating to a wonderful site
Check it out. It's got lots of great information.

Wednesday, May 07, 2008

Affording paradise

A new study by FIU proves what we all know. Most Miamians can't afford to own a home here anymore. They can't afford to rent, either. And this is with the drop in home prices! But enough with the confirmations and studies. Something has to be done to make South Florida affordable for the next generation.
But what? Building more affordable housing? Where -- in the hinterlands so the commutes are even more horrible?
I haven't read of any good solutions.

Tuesday, May 06, 2008

Do as I say not as I do

You gotta love this one. A mom in line for a Disney World ride beat another woman who tried to get in front of her. She was extradited from Alabama and jailed.
Story doesn't say, but I wonder if their kids looked on. Some lesson.

Monday, May 05, 2008

Here's to you, Death

So this Illinois guy has ordered his coffin -- in the colors and shape of his favorite brew, Pabst. What a great sense of humor! That's how we should all face the Grim Reaper.
I need to think more along those lines. My hubby, for instance, has already told me he doesn't want a regular funeral. He insists on a party and has picked out the music. To me, though, those are morbid thoughts.

Friday, May 02, 2008

Canseco in foreclosure, too

I've been living in my house for quite a while and, thankfully, have built up a nice chunk of equity regardless of how the market gyrates. And gyrate it does. A friend who is a real estate appraiser told me most of his business now is foreclosures with a sprinkling of re-fi. The bulk of those foreclosures are people who bought with intentions of flipping and couldn't.
But it's not just the average Joe who has been caught in this mess. Jose Canseco's mansion in California is on that list. The former baseball star who grew up in Miami walked away because it didn't make any sense to continue payments, he said.
I want to know: what happens to these houses? what happens to these people who speculated and lost? (I'm not talking about those who were bamboozled in some cases of mortgage fraud)
I sure as heck don't want to pick up the tab.