Sunday, May 11, 2008

Happy Mothers Day! And Sunday Morning Reading

Happy Moms' Day to all you mothers out there. There are some interesting real estate-related articles in today's papers. First and foremost, from the L.A. Times, is an article titled Appraisal Shake-Up Sparks Ire. My take on this: a computer in, say, Des Moines, can't appraise your house. It can't determine your upgrades or ambience (which, yes, do make a difference to prospective buyers). The other articles are from the New York Times. Gretchen Morgenson's first several paragraphs are interesting. You can skip past that. I've also included "When Should the Fed Crash the Party" and an article on storage space "foreclosures." Yikes.

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