Jeremy Saposnek's (appraisersofreno) Blog

"We're in a 37-year high rate of foreclosures in this country, a 10-year low on housing starts. It's a very serious issue," Mr. Dodd said.He estimated that from 1 to 3 million people are at risk of losing their homes, "not because they lost their jobs, not because the economy collapsed, but becau...

http://www.federalreserve.gov/boarddocs/press/monetary/2007/200708172/default.htmIt will be interesting to see if this stimulates the mortgage market, or if it causes people to wait for an even  lower rate...

I find it far from surprising, but it sure is sad how dishonesty by a few people can lead to such turmoil for so many people..Credit squeeze reaches dramatic stage  Commentary: Central banks pour in cash, but underlying problem still alive http://www.saposnekappraisal.com/News?ID=64185U.S. Fed in...

*New Scientist* arranged for early release of the article "Can you catcha killer before they commit a crime?" which will appear in the August11th issue.Here's the article:IMAGINE the scene. You arrive at New York's JFK airport, tired after along flight, and trudge into line at passport control. A...

Fed leaves rate steady in U.S.; no sign of future cuthttp://www.iht.com/articles/2007/08/08/business/08fed.php 

 08 August 2007Welcome...Welcome to the Foundation E-News, an electronic publication of The Appraisal Foundation! Articles include.... *Boards Vacancies - Deadline Extended until 8/31/07 *Reformatted USPAP for 2008 *Implementation of the 2008 Real Property Criteria *Foundation Publications (scrol...