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Showing posts from December 26, 2011

What will happen in 2012?

What will happen in 2012?
I predict that a fiery mass will rise in the east in the morning and set in the west in the evening, followed by a bright illuminating piece of rock and dirt in the sky each evening. Sprinkled amongst the sky will be twinkling lights that soothsayers say have meaning. They will publish the prognostication in papers world wide for sheeple to follow. These will happen for 366 days in 2012.
In reality each day we will be one day closer to return of our Lord and Savior Jesus Christ. I look forward to that day, but am not looking forward to the tribulation in between. We will prepare as best we can. May the coming year bring us the Peace that comes from our Heavenly Father.
Remember, in the grand scheme of things, there have been numerous civilizations that have risen and fallen, all without being the end of the world. The collapse of the US is not the end of the world, though it will obviously severely impact most of us.
Human beings have an incredible record of…

U.S. Homes Lose $700 Billion in Value in 2011 -- and That's the Good News

U.S. Homes Lose $700 Billion in Value in 2011 -- and That's the Good News
By Sheryl Nance-Nash Posted 4:00PM 12/23/11 Economy, Real Estate, Personal Finance

The year-end housing news is sobering -- U.S. homes are expected to lose more than $681 billion in value in 2011. But there's an upside -- that's 35% less than the $1.1 trillion lost in 2010, according to new research from Zillow (Z), a real estate information marketplace.

What else did the research show? Just nine out of 128 markets analyzed had gains in values in 2011. Bragging rights go to the New Orleans area, where the gains were greatest at $3.5 billion. Pittsburgh claimed the number two spot with a gain of $2.7 billion.

Who were the biggest losers? Big cities with lots of housing, like Los Angeles, down $75.5 billion, New York ($44.8 billion), and Chicago ($41.7 billion). Overall, more than 90% of markets lost value.

"While homeowners suffered through another year of steep losses, the good news is that hom…