Well it’s been another miserable week for housing according to media sources nationwide. Thanks to Reno Ignoramus for most of these… The slide continues.

Valuing a property when sales slide. read

Does your house own you? read

If you could see what I see. read

Nothing down can be a gamble. read

Sacramento builder surplus. read

Even in Connecticut. read

The janitor and his palace. read

Investors head for the hills. read

Foreclosures spike in August. read

NAR predicts a limited fall. read

Tips for buyers entering emerging buyer markets. read

How to prevent foreclosure. read

Housing bubble through the looking glass. read

And last, but not least… From Real Trends: "More than half (59 percent) of lenders predict their financial institution will see a softening in its loan portfolio in the next six to 12 months, and an additional 27 percent anticipate a portfolio deterioration in 12 to 24 months, according to this quarter’s Phoenix Management Services ‘Lending Climate in America’ Survey. Phoenix is an advisory firm providing turnaround, crisis and interim management and investment banking services to middle-market companies in transition.

In anticipation of the market downturn, 43 percent of lenders said their lending institution would likely allocate additional resources to distressed portfolio management in the coming 18 months. However, 56 percent predicted no change in their financial institution’s allocation of resources for loan workout efforts. "