Friday, October 31, 2008

Friday musings

I call today Allegheny County property assessment day... anyone remember why?

documenting the obvious, but Forbes has us on their list of the college capitals in the US.

Bloomberg reports on a new study that shows the percentage of mortgages with negative equity values. The story gives 9% for Pennsylvania which must be one of the lowest numbers across all states although I don't have the full report. I wonder if we also have a smaller percentage of homes with mortgages to begin with which would be relevant to that type of comparision. I would like to know the actual percentage of homes (not of mortgages) that are underwater by MSA. Anyone know if that is out there from any source? 40% of Pittsburgh area homeowners have no mortgage at all on their property according to the census, that would be one of the highest percentages by far among large regions in the nation.

and this seems appropriate for the holiday... from the Null Space archives there is this youtube link to Chilly Billy:


Anonymous MH said...

Is it Onorato sets-up base year 2002 day? If not, I have no idea.

Friday, October 31, 2008 9:31:00 PM  
Blogger C. Briem said...

Oct 31, 2008 is the day by which, if there was no final decision made in the legal process, Judge Wettick's order for the county to conduct a mass reassessment in Allegheny County becomes effective. Since the State Supreme Court has not issued a ruling I figure the attorneys will have it out over whether anything really happens in the near term.

Saturday, November 01, 2008 11:08:00 PM  

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