A Rising Tide of ‘Underwater’ Homeowners
October 9, 2008
The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults — the very misfortune that touched off the credit crisis last year.
The result of homeowners being “underwater” is more pressure on an economy that is already in a downturn. No longer having equity in their homes makes people feel less rich and thus less inclined to shop at the mall.
And having more homeowners underwater is likely to mean more eventual foreclosures, because it is hard for borrowers in financial trouble to refinance or sell their homes and pay off their mortgage if their debt exceeds the home’s value. A foreclosed home, in turn, tends to lower the value of other homes in its neighborhood. Read more
2008 Coastal Carolina Fair
October 9, 2008
General Information
Dates:
Thursday October 30 3:00-9:00pm
Friday October 31 3:00-11:00pm
Saturday November 1 12noon-11:00pm
Sunday November 2 12noon-9:00pm
Monday November 3 3:00-11:00pm
Tuesday November 4 1:00-9:00pm
Wednesday November 5 3:00-9:00pm
Thursday November 6 3:00-9:00pm
Friday November 7 3:00-11:00pm
Saturday November 8 12noon-11:00pm
Schedule Of Entertainment :
Thursday, October 30th
Three Dog Night
Lakefront Stage
at 7:30 Read more
South Carolina State Fair
October 9, 2008
State Fair opens 12-day schedule
Thursday, October 9, 2008
COLUMBIA — The 139th South Carolina State Fair opened a 12-day run Wednesday afternoon, with plenty of exhibits, rides and food.
The fair runs through Oct. 19.
This fair includes an exhibit from the Smithsonian called “Key Ingredients: America by Food.” The Humanities Council South Carolina is sponsoring the exhibit.
T.J. Wallace told The State newspaper that the exhibit includes American food traditions, including home cooking, festivals and feasts and holiday traditions.
The newest delicacy this year is fried corn on the cob.
There also will be plenty of the usual favorite fare: giant turkey legs, cotton candy, Polish sausage, barbecue ribs, chicken on a stick, corn dogs, pizza, hamburgers and elephants ears.
Information From: http://charleston.net/news/2008/oct/09/state_fair_opens_12day_schedule/
And of course, there will be dozens of rides, including roller coasters, the merry-go-round and other favorites.
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