Wednesday Worthwhile Links
A: Well Im set to move back to NYC next Monday which means unpacking, no cable or internet for 1-2 days, and boxes everywhere for weeks. Fun. I just have had no free time to post the past few days as commuting to NYC from Huntington takes at least 2 hours each way (4 hours total a day) of productivity out of me; 20 min to train station, 1 hour to NYC, 30 min of subway rides/walking to office or appointments and BACK again. I honestly can say that I will NOT miss this. Anyway, I have some things to discuss with you guys but will need some time to put the posts together. For now, here is what I find interesting in the blogosphere.
HousingTracker.net - Check out the 1 month, 2 month, 3 month, and 6 month inventory and price changes for NYC inventory of ACTIVE LISTINGS.
Zillow Gets FTC'd... (Matrix) - Jonathan Miller's interesting take on Zillow's recent FTC troubles. I still think Zillow.com is a fluff site to be used for entertainment purposes ONLY.
Iamfacingforeclosure.com - Holy cow have you guys read about this 24 YR old moron yet? He is attracting nationwide attention and no is set to meet Rich Dad Robert Kiyosaki. At first I though this was a brilliant internet scam, but a recent newspaper reporter asked for closing doc's to prove his story is true. I can NOT believe how stupid this kid is and his inability to LEARN from his mistakes. Now he is blogging about being in foreclosure for 5 properties, defrauding mortgage lenders, and borrowing any money he can from family and friends to buy more properties. Unreal.
You MUST read some of this guy's blog! His stupidity and hole he dug for himself through his awful business decisions is for some reason amusing to me.
Buying Like A Developer (True Gotham) - Interesting tidbit about buying in a building where the developer bought too. I'm liking this site more and more as it adds a different angle from the regular stuff out there.
Boom!Bust!Boom? (HotProperty) - Very good article on the history of housing busts and the booms that follow.
Comments (2)
From that foreclosed guy: http://iamfacingforeclosure.com/42/yes-i-lied-on-my-loans/
Unbelievable.
Not only did he commit fraud and admit his guilt in cases of mail fraud, perjury, wire fraud, and more, but he confesses to his READERS instead of the government.
My favorite part of the story is where his loan got denied because the underwriter googled him.
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Posted by KAA | November 1, 2006 6:19 PM