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HANSON TULSA TOKYO MIDDLE OF NOWHERE LASERDISC NEW RARE MUSIC CONCERT TOUR 1998    US $200.00

Horizon on the Middle of Nowhere 3 Blu ray 1st run limited edition Japan anime    US $170.00

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Nationwide Decline Continues

Business, like life itself, is tough - and what makes them that tough is that they are so for a variety of different variables, probably the most important of which is the utter randomness involved.  Nowhere has that been more true than in real estate of late, where just when it looked like things might improve, they take a turn rather towards the worse.  Most major American metropolitan markets have gone through a renewal of fast falling prices recently because of all the foreclosures and vacant homes still around, not to mention the cessation of the federal home buyer tax credit.  At the close of the third quarter this year, prices dropped in a full nine out of ten areas tracked by Standard & Poor's Case-Shiller composite home price index.

The most important cities, such as The Big Apple and Los Angeles, appear to be doing All Right considering the circumstances, but lower ranked communities like Cleveland, Dallas, and Phoenix are not.  Prices are falling dangerously fast and dangerously low in these bellwether cities, which also include Minneapolis and Portland, Oregon.  These are "middle America" communities, better reflecting purely national trends instead of a place comparable to New York or Los Angeles, which can count Much More on international factors as well, variables such as direct investment or regularly high levels of tourism, to help power the local economy.

Thus, even though veteran industry professionals like Isaac Toussie are still bullish on New York, they are anxious about housing difficulties in the heartland.  Cleveland prices fell a whole three percent in September alone, while the unemployment rate there is at just about ten out of every one hundred.  The other regional engines of Portland, Minneapolis, Phoenix, and even Dallas are all on dangerous downward trends as well, making local real estate markets a buyer's market - but sales have been flat so far.

We Own The Night: Middle of Nowhere