Castle in the Sky
Over the last few days, I wrote about my family history in Ancestral Call, my youth in Community of Elders, my teenage years in Coming of Age, and today I conclude with a little perspective on life and an expression of one of my deepest desires. You never know what will happen when you put something out in the Universe. Maybe my dream will come true.
Read the rest of this entry »Coming of Age
Having grown up in a community of elders with a long heritage, I have a deep connection to my old home town of Adams-Friendship, Wisconsin. I lived there throughout a blissful childhood until my family moved away when I was eleven years old. I struggled to adapt to my new environment always feeling like an outsider. In my Junior year of high school, I hatched a plan to go back to Wisconsin to have the high school experience I felt I was denied in Arkansas. I went home to come of age.
Read the rest of this entry »Community of Elders
Childhood in a community of elders
Yesterday, in Ancestral Call, I detailed my family history. I was born into a close-knit rural community, swaddled by family, extended family and a broader community which shared the same values. Both my grandparents living within a few miles of one another, and several aunts, uncles and cousins lived nearby. I had the support of this community during my formative years.
Read the rest of this entry »Ancestral Call
My rural roots
My roots run deep in the rural farm community of Friendship, Wisconsin. My fraternal family line can be traced back to Thomas Roberts, a Welshman born in 1831. Thomas arrived with two bothers in New York, but sadly, he became separated from them and never saw them again. Thomas immigrated to Adams County, Wisconsin where he started a family which still boasts many local residents. Although my name is Welsh, the women who married Roberts men for the next several generations were of Scandinavian descent. I am a mutt of the American melting pot.
Read the rest of this entry »Housing price bottom delayed to at least 2013
The following headlines suggest the market will not bottom in 2012:
- Chapman: Excessive supply prevents appreciation in 2012
- Mortgage delinquencies expected to rise into 2012
- Surge in discounted REO expected next year
I am not the only market observer who has come to this conclusion.
Home Address ... 90 LEHIGH AISLE #58 Irvine, CA 92612
Asking Price ....... $449,000
Strategic default is the banker’s stigma of convenience
Bankers foster the idea that strategic default on a primary residence is immoral. Bankers want borrowers to continue to repay loans even when it is not in the borrower's best financial interest to do so. I and many others have argued borrowers have a greater moral duty to do what's in the best financial interest of their family. Obviously, bankers disagree.
Home Address ... 1229 ABELIA Irvine, CA 92606
Asking Price ....... $319,900