A look at sever metropolitan areas where home prices are on their way back up. From smartmoney.com.
by Brad Reagan and Elizabeth O'Brien
When the headlines about the housing market are apocalyptic, the last thing a homeowner wants to do is sell. But a funny thing happened to Jeff and Jennifer Boyd when they put their three-bedroom house in Philadelphia's Graduate Hospital district on the market this summer: They turned a profit. Just 45 days after the listing went up, a buyer snapped up the property for $555,000 -- $29,000 more than the Boyds paid in 2006. "We were pretty hesitant, knowing what the market is like," says Jeff. "But a few weeks later, it was gone."
The rest of the story... http://www.househuntnews.com/marketing/consumer/feb09/03.htm
Friday, February 6, 2009
Thursday, February 5, 2009
What were we Thinking?
Read this slowly. Let it sink in. Absolutely The Funniest Joke Ever!
ON US!!
Does anybody out there have any memory of the reason given for the
establishment of the DEPARTMENT OF ENERGY during the Carter
Administration? Anybody? Anything? No? Didn't think so.
Bottom line . . we've spent several hundred billion dollars in support
of an agency the reason for which not one person who reads this can
remember. Ready?
It was very simple, and at the time everybody thought it very
appropriate.
The Department of Energy was instituted 8-04-1977 TO LESSEN OUR
DEPENDENCE ON FOREIGN OIL. HEY, PRETTY EFFICIENT, HUH? AND NOW IT'S
2008, 31 YEARS LATER, AND THE BUDGET FOR THIS NECESSARY DEPARTMENT IS
AT $24..2 BILLION A YEAR, THEY HAVE 16,000 FEDERAL EMPLOYEES, AND
APPROXIMATELY 100,000 CONTRACT EMPLOYEES AND LOOK AT THE JOB THEY HAVE
DONE! THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY 'WHAT WAS I
THINKING?'
Ah yes, good ole bureaucracy. And now we are going to turn the Banking
system over to them? And the automobile industry?
God Help us.
ON US!!
Does anybody out there have any memory of the reason given for the
establishment of the DEPARTMENT OF ENERGY during the Carter
Administration? Anybody? Anything? No? Didn't think so.
Bottom line . . we've spent several hundred billion dollars in support
of an agency the reason for which not one person who reads this can
remember. Ready?
It was very simple, and at the time everybody thought it very
appropriate.
The Department of Energy was instituted 8-04-1977 TO LESSEN OUR
DEPENDENCE ON FOREIGN OIL. HEY, PRETTY EFFICIENT, HUH? AND NOW IT'S
2008, 31 YEARS LATER, AND THE BUDGET FOR THIS NECESSARY DEPARTMENT IS
AT $24..2 BILLION A YEAR, THEY HAVE 16,000 FEDERAL EMPLOYEES, AND
APPROXIMATELY 100,000 CONTRACT EMPLOYEES AND LOOK AT THE JOB THEY HAVE
DONE! THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY 'WHAT WAS I
THINKING?'
Ah yes, good ole bureaucracy. And now we are going to turn the Banking
system over to them? And the automobile industry?
God Help us.
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