Articles for November 2nd, 2009
Dallas Real Estate: Someone Please Control This Kitchen
I am being totally serious when I tell you that this is the way the agent photographed this charming starter home on Bonham Street and then PUBLISHED the photo. Wait, it gets better — check out the rest of the mess. Is the stove torn up or what? Not enough cabinet space obi? Call 1-800 GOT JUNK stat!
Dallas Neighborhood Battles: NSO On Desco Drive?
It exhausts me keeping up with the neighborhood wars in this town — the conservation district battle in the Disney Streets, and now Desco Drive wants to do conservation light: the Neighborhood Stabilization Overlay.
Subprime Loan Meltdown: Goldman Bet It Both Ways
Must read/see, this report by McClatchy Newspapers’ Greg Gordon, a five-month investigative report on how Goldman Sachs, otherwise known as Government Sachs, peddled more than $40 billion in securities on 200,000 risky home mortgages, but at the same time it was peddling these as investments, the company also bought $20 billion in insurance betting that the real estate market would tank. Did the customers know that? One of the insurers was AIG, the huge insurer the government bailed out. How AC/DC of them.
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