Rural America | LandThink

Bub was here: Now what?

November 6, 2008 0 Comments

President-elect Obama showed up unannounced in Blue Grass late Wednesday afternoon as I was pulling in with a load of split firewood. He wore old jeans and work boots. I tossed him a spare pair of leather work gloves, and we started pitching sticks on the pile behind my back gate.

Rural subprime borrowers are hit, but most rural property is not

February 4, 2008 0 Comments

Here’s the story in most American cities—existing-home sales are down, pending home sales down, new home sales down and average home prices down. Adjustable interest rates are up, delinquent mortgages up, foreclosures up.