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America's Most Expensive Homes 2010

Amenity-laden properties at the top of the market continue to command just as lofty prices.

Candy Spelling, widow of television giant Aaron, has listed the Manor, Los Angeles' largest, and arguably most opulent, house up for sale at $150 million, out-pricing every other listed home in the country. Just down the street the owner of a sprawling classical style marble mansion is asking for $125 million, making it the second most-expensive home in America. Yet another home...

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Why Pessimism Right Now Is Good for Profits (and the housing market)

Originally Published: Thursday, 13 May 2010
By: Tom Brennan

“You know we’re in trouble when people get too enthusiastic – that is the sign of a top, not a bottom,” Cramer said. “But when they’re pessimistic, when they’re skeptical, that’s how you know the market still has fuel to run.”

But what about this market right now? Cramer laid out six ways that pessimism and skepticism are helping out.

(click below for 1-5; here's #6)
6. Lastly, there’s housing. The bears are stressing this sector, but as USA Today reported, home foreclosures posted their first annual decline in five years. A peak in foreclosures puts banks in position to finally unload some of the reserves they’d set aside to protect against mortgage losses, which will translate into higher normalized earnings.

And once Washington’s done with its attempts at reform, Cramer said, the banks will be “ready for a monster move.”

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CEO of Coldwell Banker Real Estate LLC. talked with CNBC’s Power Lunch about the current housing market.

President and CEO of Coldwell Banker Real Estate LLC, Jim Gillespie, talked with CNBC’s Power Lunch about the current housing market.

Take a look at the video.

7 Things to Stop Doing Now on FaceBook

Are you on FaceBook? Do you children, nieces, nephews or friends children who are mentioned on FaceBook?

Take a look at this article from Consumer Reports Magazine for 7 things to STOP doing on FaceBook.

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Children's Liquid Cold, Allergy Medicine Recalled

WASHINGTON — More than 40 over-the-counter infant's and children's liquid medications are being recalled in the United States and 11 other countries because they don't meet quality standards.

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Bed is a bundle of paradoxes...

The bed is a bundle of paradoxes: we go to it with reluctance, yet we quit it with regret; we make up our minds every night to leave it early, but we make up our bodies every morning to keep it late.

~Ogden Nash
(American Writer of humorous poetry who won a large following for his audacious verse. 1902-1971)

Courtesy of: ThinkExist.com (Click to visit the "quote site")