Bailing Out Citibank but what of Housing?

Yes, it seems that to the tune of almost $300 billion, that Citibank has been bailed out. What relevance this has to the 1 million families who have lost their homes, and the 2 million more or so coming down the pike, I don't know. Yes, we have become slaves of the oligarchy again. Will Obama have the courage and the balls to lead an American Revolution against this disgusting debt slavery? We at realestate crash now do not know the answer, but at least we are smart enough to ask the question. And the best answer it seems is to freeze the mortgages, stop the foreclosure on family occupied homes, and take a few years for the whole thing to sort itself out. Not just let the interest rate go down, but after a few years of rental payments, let the principal go down too to "market levels." see Larouchepac for more.

Foreclosures and other Real estate news

Is it worth buying foreclosures? The prices are definitely down, so that is something to think about. The key thing is also to get a fixed mortgage loan that is payable in a fungible way. San Antonio foreclosures, way down in the heart of Texas seem to be a big thing. San Antonio has become a big city. It has passed 1 million in population and there are a lot of things going on there. You can check out the schools and other neat statistics, brought to you by my friends at nationalrelocation.com

Also worth checking out are Texas mls homes. You can get all the listings of new homes, old homes and foreclosed homes and real estate as well. You get some real time information about where the average prices of homes is way down. You get the information you need to get a good deal.

Las Vegas, Nevada has for a long time been the city of dreams. Las Vegas condos have been desired by many, but for long the price has been going up. They have become out of reach for many. Now is your chance when the prices go down. As long as they keep building some water projects to Las Vegas, in the desert, and they better keep doing that, people seem to want to move there. I guess the climate is just fantastic, the recreation and shows overwhelming, and the fantasy just can't be beat.