12/12/08 - News of the Day

The front page story in USA Today this morning is "Why home values may take decades to recover" - some see 2006 as 'lifetime' peak in prices. Link to story here http://www.usatoday.com/money/economy/housing/2008-12-12-homeprices_N.htm?loc=interstitialskip.

USA Today also ran an article yesterday about homeless making foreclosed houses temporary shelters. Non-profits are helping families squat in vacant homes. Authorities aren't stopping them unless they are notified. A homeless advocate, Max Rameau of Miami, was quoted saying "It's morally indefensible to have vacant homes sitting there, potentially for years, while you have human beings on the street." To read more, follow this link: http://www.usatoday.com/news/nation/2008-12-10-homesquatters_N.htm

Now as promised, here are some photos from the Holiday Happy Hour on Wednesday evening: