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‘A New Threat to Home Prices’
Sep 19th
CNNMoney reports there is a new threat to home prices. The threat is coming from the culm
ination of all financial issues facing Washington. Between the growing national debt, the harrowing financial markets, and the weaning economic market, signs point to a growing threat against home prices. The issue: home mortgages will feel pressure on prices in high-end markets. New loan limits are coming into play and these limits will mostly affect high-end markets and is said to affect 8% of the total U.S. housing market.
You may be thinking, this will not affect me, this is only about high-end homes, wrong! If expensive homes stop selling, then prices for the houses under them will feel the pressure too. As this issue will fall from high-end to low-end there is threat to the housing market. Experts believe that President Obama will propose a major housing-related stimulus in the coming weeks as part of a broader economic plan. May it be cutting conforming loans or creating more hurdles for ‘jumbo’ loans.
ination of all financial issues facing Washington. Between the growing national debt, the harrowing financial markets, and the weaning economic market, signs point to a growing threat against home prices. The issue: home mortgages will feel pressure on prices in high-end markets. New loan limits are coming into play and these limits will mostly affect high-end markets and is said to affect 8% of the total U.S. housing market. You may be thinking, this will not affect me, this is only about high-end homes, wrong! If expensive homes stop selling, then prices for the houses under them will feel the pressure too. As this issue will fall from high-end to low-end there is threat to the housing market. Experts believe that President Obama will propose a major housing-related stimulus in the coming weeks as part of a broader economic plan. May it be cutting conforming loans or creating more hurdles for ‘jumbo’ loans.
I will be keeping tabs on this story as it progresses.
Bill Allen, broker associate, RE/MAX of Boulder INC, ballen@boulderco.com
Boulder: Climate Reality Project video story
Sep 18th
Video streaming by Ustream
You made today a success
POSTED BY MAGGIE L. FOX, PRESIDENT & CEO
In the months that went into planning 24 Hours of Reality, I saw firsthand the passion and energy of our Climate Presenters, staff and partners around the globe who are calling attention to the climate crisis and working to solve it.
Today, I was honored to see your passion and your energy. I can’t thank you enough for making 24 Hours of Reality a global success.
By the time our chairman, former Vice President Al Gore finished his presentation, the 24 hour long event had 8.6 million views.
I am incredibly proud that so many people around the world participated, but it’s also important to remember the individual actions it represents. There are countless stories of impressive grassroots mobilization. A company in Tel Aviv hosted a watch party at their headquarters. A group of graduate students in Athens, Georgia rented out a popular local movie theater. People across the world joined hands to say: Climate change is real, it’s happening now and the time to act is now.
But this is just the beginning. There are important actions you can take today:
Request a presentation. There are more than 3,000 trained Climate Presenters around the globe. Organize an event and invite a Presenter to come to your community.
Go local: Team up with our partners around the world and help solve the climate crisis. Visit our website to find a partner organization near you.
Moving Planet: On Sept 24, hit the streets with http://350.org for a global day of action. Find an activity near you.
Check our comprehensive video library to watch highlights from 24 Hours of Reality.
It is up to you to continue to stand up for reality and share the truth about the climate crisis. We will succeed because we must.
Posted by Maggie L. Fox, President & CEO
Boulder vols needed for your land, my land
Sep 15th
The City of Boulder’s Parks and Recreation Department is seeking volunteers to help with maintenance and cleanup at both Scott Carpenter Park and Valmont Bike Park from 9 a.m. to 1 p.m. on Saturday, Sept. 24, as part of National Public Lands Day. National Public Lands Day is the nation’s largest hands-on volunteer effort to improve America’s public lands. The Parks and Recreation Department has partnered with REI Boulder for this event.
Please RSVP and indicate which project site you would like to support by Thursday, Sept. 22. For more information and to RSVP, contact Mary Malley at 303-413-7245 or malleym@bouldercolorado.gov.
