Spoke too soon - more real estate
Residential foreclosures in the Pittsburgh area dropped for the second year in a row in 2008, a 6.6 percent decline from 2007....What I don't get, I thought we knew this already? So what I said earlier is that it's not just one year's decline, but a 2nd year of decline. How many regions in the country have seen two straight years of decline in foreclosures? Compare the local numbers to the recent news from up the turnpike on record foreclosures in Ohio.. although it notes there are the first signs of decline in some of the hardest hit areas.
More on Howard Hanna's meeting in Cleveland worth a scan. It sounds like it was kind of... different?
Best line in the news yesterday in of all places a story about another hotel project on the North Side.
I hate to say it out loud... but is there a connection between investment there and the NSC?
Speaking of the NSC... I would love to poke fun at the Port Authority over this.. but even that might be a bit unfair given just how screwey the world is these days. Nonetheless, it is about as odd a story as I ever heard in some time on how they are going forward with the project because they 'think' there is money in the stimulus package for them. You could paraphrase that story as: We speculate that possibly.... hopefully... if we understand the Aramaic that the bill was written in... or if we're just plain lucky... that there might be $100 million dollars in there for us somewhere, but we really aren't quite sure about that.
Passed on by Jim R: Another Jero sighting.