Greenland Melt Ponds

Greenland Melt Ponds

Each spring and summer, as the air warms up and the sunlight beats down on the Greenland ice sheet, sapphire-colored ponds spring up like swimming pools. As snow and ice melt atop the glaciers, the water flows in channels and streams and collects in depressions on the surface that are sometimes visible from space. These melt ponds and lakes sometimes disappear quickly – a phenomenon that scientists have observed firsthand in recent years.

The natural-color image above was acquired on July 4, 2010, by the Advanced Land Imager on NASA’s Earth Observing-1 (EO-1) satellite. This glacial ice field lies in southwestern Greenland, not far from Disko Bay (Disko Bugt in Danish) and Davis Strait. The center of the image is 68.91° North latitude and 48.54° West longitude.

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Image Credit: NASA

Article source: http://www.nasa.gov/multimedia/imagegallery/image_feature_2474.html

Home Improvements After the Home Purchase

Jessica Lautz, Survey Research Manager

Jessica Lautz is the Survey Research Manager. Jessica analyzes data and writes annual studies such as the Member Profile, the Profile of Home Buyers and Sellers, and the Commercial Member Profile.

Article source: http://feedproxy.google.com/~r/EconomistsOutlook/~3/hA3-UpuRXfQ/

Article source: http://okrealestatevalue.com/2013/03/19/home-improvements-after-the-home-purchase/

Symbolic Pics of the Month (03/13)

In this edition of SPOTM: Courtney Stodden, Rihanna (again), that guy from One Direction and more proof that the entertainment industry is ruled by a dark secret society.

 

This Vogue Japan photoshoot puts a WHOLE LOT of emphasis on the concepts of alter-personas and duality (as represented by black and white stripes and the Masonic checkerboard pattern). Both are important concepts of mind control.

This Vogue Japan photoshoot puts a WHOLE LOT of emphasis on the concepts of alter-personas and duality (as represented by the Masonic checkerboard floor and the black and white stripes on the wall). Both are important concepts in mind control.

 

Two identical models looking robotic and lifeless on a Masonic floor and stripes on the wall? Yup, that's MK.

Two identical models looking robotic and lifeless on a Masonic floor + stripes on the wall? Yup, that’s MK.

 

The setting of the above photo shoot is disturbingly similar to a painting made by Monarch Programming survivor Kim Noble (see the article entitled The World of Mind Control Through the Eyes of an Artist with 13 Alter Personas). There are indeed two identical girls (probably alter personas) on a Masonic checkerboard floor and stripped walls. This proves that a lot of imagery in fashion shoots is directly inspired by Monarch Programming and its mind control techniques.

The setting of the above photoshoot is disturbingly similar to this painting by Kim Noble, a Monarch Programming survivor (see the article entitled The World of Mind Control Through the Eyes of an Artist with 13 Alter Personas). In the painting, there are indeed two identical girls (probably alter personas), a Masonic checkerboard floor and stripped walls. This proves that a lot of imagery in fashion shoots is directly inspired by Monarch Programming and its mind control techniques.

 

Speaking of which, here's Rihanna in an Elle Magazine feature with a special emphasis on the checkerboard pattern. Also, notice the tattoo on her ankle.

Speaking of which, here’s Rihanna in Elle Magazine  – with a special emphasis on the checkerboard pattern. Also, notice the tattoo on her ankle.

 

The tattoo appears to be inspired by this Egyptian falcon found at the Metropolitan Museum of Art in New York City. In Ancient Egyptian mythology, the falcon was associated with the solar god Horus. As you might know, the symbol of All-Seeing Eye derives from the Ancient Egyptian symbol of the Eye of Horus. In short, Rihanna's checkerboard dress and the emphasis on her Horus tattoo makes the above picture all about Masonic symbolism.

The tattoo appears to be inspired by this Egyptian falcon found at the Metropolitan Museum of Art. In Ancient Egyptian mythology, the falcon represented the solar god Horus – a central figure of occult mysteries. As you might know, the symbol of the All-Seeing Eye derives from the Eye of Horus. In short, Rihanna’s checkerboard dress and the emphasis on her Horus tattoo makes this picture a pure display of Masonic symbolism…to those who have eyes to see.

 

Another pic of this Elle photoshoot features Rihanna with a masquerade ball mask. A trendy practice that descends from ancient occult elite rituals.

This other pic from the photoshoot features Rihanna wearing a masquerade ball mask. A “trendy” practice that descends from ancient occult elite rituals.

 

In the third pic, Rihanna wears a cute little Catwoman hat. Is this a reference to Kitten Programming?

In the third pic, Rihanna wears a cute little Catwoman hat. Is this a reference to Kitten Programming?

 

 
Speaking of Sex Kittens, Courtney Stodden is quickly becoming the most blatant example of it in the celeb world. She recently put online YouTube videos where she embodies alter personas with a different name, accent and the whole shebang. The screenshot on the left is her with a goth alter and the one on the right is latina.

Speaking of Sex Kittens, Courtney Stodden is quickly becoming the most blatant example of this kind of programming  in the “celeb world”. She recently put online two YouTube videos where she embodies alter personas complete with a different name, different accent and the whole shebang (the one on the right is “goth” and the one on the right is Latina).

 

Don't forget the video where she was being a literal cat, complete with meowing, drinking from a bowl and going to the litter box.

Let’s not forget the video where she acts like a literal cat, complete with meowing, drinking from a bowl and going to the litter box… Sex. Kitten.

 

Here, Stodden is dressed as Marilyn Monroe, the figurehead of Kitten Programming. As we've seen in previous articles, almost all celebrities associated with Kitten programming dress up as Monroe at one point or another of their career.

Here, Stodden is dressed as Marilyn Monroe, the ultimate product of Kitten Programming. As we’ve seen in previous articles, almost all celebrities associated with Kitten programming dress up as Monroe at one point or another in their career.

 

Here she is kissing with her 51 year-old husband - who appears to be her handler. The tattoo on his arm features the Eye of Horus and the alchemical symbols for fire and water (upright and reversed triangle) - which represents duality. That's the kind of symbolism a MK handler would sport.

Stodden’s 52 year-old husband – who appears to be her handler – has an Eye of Horus tattoo accompanied with the alchemical symbols of fire and water (upright and reversed triangles). The All-Seeing eye and the concept of union of opposites are the kind of symbolism a MK handler would sport.

 

Oscar Pistorius, the Olympic athlete with prosthetic legs and figurehead of transhumanism was charged last month for the murder of his girlfriend. Oddly enough, the slogan of the Nike ad campaign featuring Pistorius was I am the bullet in the chamber.

Oscar Pistorius, the Olympic athlete with prosthetic legs quickly became the figurehead of transhumanism and its “infinite potential”. Last month,  he was charged for the murder of his girlfriend. Oddly enough, the slogan of his Nike ad was “I am the bullet in the chamber”.

 

Here's Pistorius giving the Illuminati One-Eyed salute. Yeah, there's some occult elite Agenda going on with that guy.

Here’s Pistorius giving the Illuminati One-Eyed salute. Yeah, there’s some occult elite Agenda going on with that guy.

 

This pic manages to contain a lot of Illuminati Agenda. The pic indeed conveys the concepts of self-destruction and the culture of death. Her shirt bears the Illuminati symbol of the All-Seeing Eye inside a triangle and two bolts resembling the Nazi SS symbol. Underneath, with see Jesu$aves - a fashionable way of ridiculing Christianity.

This pic manages to contain a lot of Illuminati Agenda. The pic indeed conveys the concepts of self-destruction and the culture of death. Her shirt bears the Illuminati symbol of the All-Seeing Eye inside a triangle and two bolts resembling the Nazi SS symbol. Underneath, with see “Jesu$aves” – a fashionable way of ridiculing Christianity.

 

This Gloria Steinem pic is not new (it came out before this site existed) but it is worth mentioning. It features her wearing a shirt saying I had an abortion while giving an Illuminati hand sign above her head. That goes right into the elite's depopulation Agenda combined with the complete devaluation of the sacredness of motherhood.

This Gloria Steinem pic is not new (it came out before VC was even created) but it is worth mentioning. It features her wearing a shirt saying “I had an abortion” while giving an Illuminati hand sign above her head. I won’t go into the whole pro-life vs pro-choice debate, but, seriously, is an abortion ever something to smile about? Isn’t it sad and unfortunate 100% of the time? A why does she need to publicize this fact on a shirt. And why is she making this particular hand sign (I’m pretty sure she’s not signed with Jay-Z’s Roc-a-Fella records). To summarize this pic, it goes right into the elite’s depopulation Agenda combined with the ongoing war against the sacredness of motherhood.

 

One Direction's Harry Styles (Taylor Swfit's ex) has a new tattoo. And it's a big-ass butterfly on his abdomen. Monarch? Programming?

One Direction’s Harry Styles (Taylor Swfit’s ex) has a new tattoo. It’s a big-ass butterfly on his abdomen. Monarch? Programming?

 
Harry also has a tattoo of the drama masks next to a birdcage. Does this represent the prison and mind control of the entertainment industry?

Harry also has a tattoo of the drama masks next to a birdcage. Does it represent the prison and mind control of the entertainment industry?

 
The set of Pink's show features a big, red prominent All-Seeing Eye. Why? Because. It has to be everywhere.

Pink’s new show features a big, red prominent All-Seeing Eye during a big part of it. Why? Because. It has to be everywhere.

 

The Oscars took place on February 25th and a bunch of movie people went home with these statuettes. But why do they look that way and where does the name Oscar come from anyway? The Oscar statuette appears to be an art-deco version of the classic depiction of the Egyptian creator god  Ptah. In the mythology, Ptah takes the form of the funerary god Sokar and temples were dedicated to Ptah-Sokar. Try switching the first two letters of Sokar. (Hint: it spells Oskar).

The Oscars took place on February 25th and a bunch of movie people went home with these statuettes. Do they know that the Oscar statuette is probably an art-deco version of the classic depiction of the creator god Ptah? In the Egyptian mythology, Ptah also takes the form of the funerary god Sokar – an important figure of Egyptian magic. Try switching the first two letters of Sokar. (Hint: Oskar).

 

History Channel's miniseries The Bible created quite a stir when its depiction of Satan strangely resembled Obama. I cannot lie and say that I originally thought the same thing. I am not sure if this was intentional. However, from what I saw from this series, I can say that it is quite terrible. It presents a dumbed-down, bastardized and deformed version of the Bible to fit the elite's Agenda. I mean, where in the Bible does it say that ninja-killer-angels came down in Sodom to kill everyone?

History Channel’s new miniseries “The Bible” created quite a stir when its depiction of Satan strangely resembled Obama. I cannot lie, when I saw that Satan figure, I immediately thought the same thing. I am not sure if it was intentional but, one thing is for sure: If you want to learn about the Bible, do not rely on this show. It presents a dumbed-down, bastardized and deformed version of the Bible which is apparently tailor-made to fit the elite’s anti-religion Agenda. I mean, where does it say in the Bible that two killer-ninja-angels descended to Sodom to kill everyone? The answer: Nowhere. Read Genesis 19 and see how it differs from the mini-series.

 
Update: I found out that the Selena pic that was posted in this article was photoshopped (her head was placed on the Jesu$aves model). I replaced the pic with its original version – it still contains all of the exact same symbolism so it is still relevant.
 

 
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Article source: http://vigilantcitizen.com/pics-of-the-month/symbolic-pics-of-the-month-0313/

Article source: http://okrealestatevalue.com/2013/03/20/symbolic-pics-of-the-month-0313/

Past Lives – Scientific Reality or New Age Nonsense?

Recently, I heard something in regards to human DNA, which immediately made me think of people who believe in “past lives”. I don’t believe anything is completely random, but what I heard was just in passing, so I decided to do some research into the matter.

Definition of Past Lives

In a nutshell, those that believe in past lives, believe they have lived before as something or someone else. Past Life Regression is a form of hypnosis that helps people “remember” bits and pieces of information from those lives.

Scientific Research

Apparently, there are some scientists that believe information, such as memories from our ancestors can be passed on via DNA. Below are a few links you can check out, which should get you caught up to the point I want to make. There is a lot more that you can read, but these three should be fine for now.

  1. Can We Remember Our Ancestor’s Lives?
  2. Digital Files Stored and Retrieved Using DNA
  3. Genetic Memory

I think there could be something to the first article on the list. What if those that believe in past lives aren’t as crazy as they may seem? What if they are actually misinterpreting the memories of their ancestors as past lives of their own? Many people have claimed to be King Arthur, Joan of Arc, Cleopatra, etc. throughout history, but what if they are only just related in some way and simply have random access to those memories? Is it possible that genetic memory could provide an explanation as to why we sometimes experience Deja Vu?

This is just food for thought. The reason I brought up this topic is because its so easy for us as Christians to sometimes dismiss anything that doesn’t seem to fit into what we think we know about God, the Bible, and reality in general.

The Great Distraction

If the concept of genetic memory in humans pans out, I wonder if it is being used as a means to push the concept of reincarnation, which is what would be required in order for one to have lived a past life. The enemy has a history of trying to pervert God’s Word and God’s creation.

I haven’t come to a conclusion one way or the other, but feel free to post your thoughts, ideas, theories, or opinions on this subject.

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Soyuz TMA-06M Spacecraft

Soyuz TMA-06M Spacecraft

JSC2013-E-017269 (16 March 2013) — The Soyuz TMA-06M spacecraft lies passively on its side March 16 after bringing home Expedition 34 Commander Kevin Ford of NASA, Soyuz Commander Oleg Novitskiy and Flight Engineer Evgeny Tarelkin to a landing northeast of Arkalyk, Kazakhstan following a one-day delay due to inclement weather in the area. The Soyuz initially landed upright before being tilted on its side for servicing after touching down to wrap up 144 days in space and 142 days for Ford, Novitskiy and Tarelkin at the International Space Station. The three crew members were flown by helicopter to Kustanai, Kazakhstan en route to their homes in Houston and Star City, Russia. Photo credit: Sergey Vigovskiy

Article source: http://www.nasa.gov/mission_pages/station/multimedia/gallery/jsc2013e017269.html

Nicole Sherzinger: “To make it, you really have to sell your soul to the devil.”

nicole

In a recent interview with The Independent, Nicole Sherzinger – the former lead singer of the Pussycat Dolls – discussed the music industry and what is truly needed to make it. According to her, female pop stars who receive “industry love” must obey orders, forget about their values and accept to be slutty. In short, they must be willing participants of the elite’s Agenda. In Sheringer’s words: ” To make it, you really have to sell your soul to the devil”. This phrase is often used by celebrities who discuss the industry (see the article When Insiders Expose the Ugly Side of the Entertainment Industry) and its meaning can be a lot more literal than most would expect. Indeed, making it in the industry does not only imply doing things you don’t feel like doing – it implies going against the very morals and values you grew up with. Even worse, it implies submitting to the dark forces ruling the industry and all of the spiritual sacrifices that come with it.

Sherzinger began her singing career as part of an “acoustic goth” band named Days of the New, which was all about art and music. Real success however only came about when she joined the Pussycat Dolls, a group that was the total opposite of Days of the New. It was indeed a record company-created group that was designed use sex to sell catchy pop tunes. Sherzinger apparently did not like what the Pussycat Dolls were about, but she joined anyway, stating that she “didn’t have a choice”.

“My first response when I was invited to join was, No way! I come from a strong religious background, and I had a very conservative upbringing. So I was nervous, and confused. Here I was wanting to be Whitney Houston, so why did I have to dress in lingerie to do that? I didn’t get it.”

When asked the “sexy songs” she sings, Sherzinger replied:

“With these kind of songs, I don’t feel I have to justify myself to anyone. I come from the most religious family – my grandfather is a priest – and if they support me in all this, and they do, then I’m OK. I’m being sassy and classy; I’m having fun. I’m not coming from a dark place.”

Sherzinger is however aware that she is probably not doing enough to become a top, industry-backed pop singer.

“To be honest with you, I sometimes wish I were more slutty. I’d probably be a lot more successful if I were. This is such a tough industry, you know. To make it, you really have to sell your soul to the devil.”

When asked is she sold her soul to the devil:

“No, I haven’t. That’s probably why I haven’t quite reached the top of my mountain. I mean, where’s my Tony Award, my Grammy, my Oscar? Why don’t I have any of those things yet?”

From a young naive singer dreaming of making it big, Nicole Sherzinger is apparently turning  into another disgruntled pop star that is slowly learning the truth about the music industry.

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Article source: http://vigilantcitizen.com/latestnews/nicole-sherzinger-to-make-it-you-really-have-to-sell-your-soul-to-the-devil/

Article source: http://okrealestatevalue.com/2013/03/15/nicole-sherzinger-to-make-it-you-really-have-to-sell-your-soul-to-the-devil/

Hybrids Among Us – Acknowledgments and Table of Contents

This book is dedicated to everyone that has supported this ministry over the last few years. After doing a lot of praying, a lot of research, and a lot of writing, I’ve decide to provide this book 100% free of charge. It will still be published in paperback for all of you that wish to add this resource to your library, but it will remain free to read online. Over the next few weeks, I’ll post one chapter every Monday until the entire book is online for everyone to read. Make sure you spread the word and leave your comments.

Acknowledgements

First and foremost, I’d like to thank my Lord and Savior, Jesus/Yeshua, without whom none of this would have been possible. I’d like to thank my mom for supporting me from the beginning. My step dad Brian, who has been more of a father to me than my real dad. My little brother Derrius for always finding new stuff for me to look into. My wife Jenelle enduring all of my crazy theories, ideas, and speculations. Sis. Mary, Taneka, J-Rich, King Wells, Keith Wells, and everyone else that has supported me over the years. All of the authors out there that have inspired me to do more research and keep pushing on even when everyone else thinks I’m crazy. (There are way too many to name, but if I left you out, send a message and I’ll update this post to include you.)

Table of Contents

  • Acknowledgments
  • Introduction

 Chapter 1: Our Mythological Reality

  • Science Fact vs. Science Fiction
  • The Transhumanist Agenda
  • Animal Hybrids
  • Animal Human Hybrids
  • Germline and Somatic Parahumans
  • Somatic Parahumans and The Mark
  • The God Men

Chapter 2: Mythological Hybrids

  • Babylonian Hybrids
  • Egyptian Hybrids
  • Grecian Hybrids
  • Indian Hybrids
  • Asian Hybrids
  • Persian Hybrids

Chapter 3: Biblical Hybrids

  • Chemosh and Molech
  • Cherubim/Seraphim
  • Cockatrice
  • Lion Men of Moab
  • Locusts From The Pit
  • Lylyth
  • Milcom
  • Nephilim
  • Shed
  • Sa’iyr
  • Goliath of Gath

Chapter 4: Modern Science Hybrids

  • Are Human-Animal Hybrids Possible?
  • How Are Modern Hybrids Created?
  • Animal Hybrids In Society
  • Hybrid Reproduction Problems
  • Rise of The Techno Humans
  • Alien Human Hybrids

Chapter 5: Under The Influence

  • Who’s Idea Was It?
  • What Resulted From It?
  • Where Are We Headed?

Appendix A: A Brief History of Hybrids

Appendix B: Usurping Salvation

Appendix C: Human Animal Hybrid Prohibition Act

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World’s Smallest Horse

That’s not a baby horse you’re looking at—it’s Thumbelina, the world’s smallest dwarf miniature horse! She’s only about a foot-and-a-half tall and weighs 57 pounds! They don’t make ’em any tinier or squeer than her.

Life’s too short to avoid the SPLORT! Visit Daily Squee for your daily cuteness!

Article source: http://cheezburger.com/6843308800

Light Echoes from V838 Mon

Light Echoes from V838 Mon

What caused this outburst of V838 Mon? For reasons unknown, star V838 Mon’s outer surface suddenly greatly expanded with the result that it became the brightest star in the entire Milky Way Galaxy in January 2002. Then, just as suddenly, it faded. A stellar flash like this had never been seen before — supernovas and novas expel matter out into space. Although the V838 Mon flash appears to expel material into space, what is seen in the above image from the Hubble Space Telescope is actually an outwardly moving light echo of the bright flash.

In a light echo, light from the flash is reflected by successively more distant rings in the complex array of ambient interstellar dust that already surrounded the star. V838 Mon lies about 20,000 light years away toward the constellation of the unicorn (Monoceros), while the light echo above spans about six light years in diameter.

Image Credit: NASA, ESA

Article source: http://www.nasa.gov/multimedia/imagegallery/image_feature_2472.html

The Department of Homeland Security Aims to Buy 1.6 Billion Rounds of Ammo for Domestic Use

leadhomeland

The Department of Homeland Security (DHS) is looking to buy over 1.6 billion rounds of ammunition in the next four years for “law enforcement and training purposes”. The purchase of this outrageous amount of ammunition (about 5 bullets for each and every American) is causing many observers to worry about the direction of law enforcement in the United States .

According to a Forbes article entitled 1.6 Billion Rounds Of Ammo For Homeland Security? It’s Time For A National Conversation:

“Some of this purchase order is for hollow-point rounds, forbidden by international law for use in war, along with a frightening amount specialized for snipers.”

The article also points out that:

“At the height of the Iraq War the Army was expending less than 6 million rounds a month. Therefore 1.6 billion rounds would be enough to sustain a hot war for 20+ years.  In America.”

Yes, 1.6 billion rounds is enough to sustain a war in America for more than 20 years. And all of this ammunition will go to law enforcement –  to be used in America, against Americans.

Relevant fact: While 1.6 billion rounds are being purchased by the DHS, gun shops across America are reporting a “massive ammunition shortage” – meaning that it is becoming increasingly difficult for Americans to purchase guns and ammo . In short, in this post-Sandy Hook era, the general population is being stripped of its weapons while the U.S. Government is stockpiling an incredible amount of it. There’s a noticeable shift going on here.

Other Police State Measures

The above Forbes article also reports that the DHS acquired armored vehicles that were used in Iraq and Afghanistan to be used in U.S. streets. They are already being spotted in some American cities. These war vehicles are designed “to withstand IEDs, mine blasts, and 50 caliber hits to bullet-proof glass”. Furthermore, they have gun ports, which mean that people in the tanks can shoot at people outside. Are those really needed for “law enforcement” against American people?

Armored Personnel Carriers in Baghdad.

Armored Personnel Carriers in Baghdad.

Also, do not forget that drones are now allowed in U.S. skies (something that was covered on VC over a year ago) and that they have the capability to kill people. Knowing all of this, is there still any doubt that there’s a definite effort to militarize law enforcement and to turn the United States into an all-out police state?

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A Few Green Features for St. Paddy’s Day

• Home buyers were recently asked about the importance of green features to their home purchase. Not surprisingly, features that directly affected home buyers’ monthly energy costs were most important to buyers. Buyers found heating and cooling costs the most important, with 39% percent of home buyers reporting this was very important, followed by energy efficient appliances and lighting, each with 24% of buyers saying it was very important.
• Landscaping for energy conservation and environmentally friendly community features were somewhat less important to home buyers—however, half of buyers did find theses at least somewhat important.
• Buyers in the Northeast and the South placed higher importance on heating and cooling costs.
• Buyers who purchased homes that were built in more recent years placed more importance on all environmental features in comparison to buyers who purchased older homes.
• Hopefully buyers will have a little luck of the Irish this weekend finding the perfect home for them!
• For more information on this data, check out the Profile of Home Buyers and Sellers, here.

Jessica Lautz, Survey Research Manager

Jessica Lautz is the Survey Research Manager. Jessica analyzes data and writes annual studies such as the Member Profile, the Profile of Home Buyers and Sellers, and the Commercial Member Profile.

Article source: http://feedproxy.google.com/~r/EconomistsOutlook/~3/O72QfLo7o20/

Article source: http://okrealestatevalue.com/2013/03/17/a-few-green-features-for-st-paddys-day/

The Market Pulse Survey: 9 Years in Retrospect (Part III)

Note: this is the third and final part of a three-part article on consumers’ views towards home buying and home ownership over a nine-year period.

Access to credit, down payments, and job security all grew as concerns for consumers between 2003 and 2011. NAR’s Market Pulse survey was uniquely positioned to measure changes in consumers’ views towards home buying and home ownership during a period of dramatic change. Many of these same concerns persist today.

As low a mortgage rates and home prices fell, many would-be homebuyers sat on the fence. One section of the Market Pulse survey was devoted to this topic of factors inhibiting home purchases. Respondents were provided a list of potential obstacles to a purchase and then asked to rank them by degree of severity; small, medium, large or “huge” problem. Topics ranged from financial to personal preferences.

Foreclosures were relatively unheard of prior to 2005, but surged to the forefront soon after. As a result, banks pulled back on lending standards. The average FICO score at the GSEs rose from 711 in 2011 to over 765 by 2011. Lenders also raised downpayment requirements, which surged to more than 20% outside of the FHA along with new restrictions on the amount of help sellers could provide for closing costs. Nearly half of all respondents expressed concern about having enough funds for closing costs in every survey conducted from 2007 to 2011. Likewise, the share of respondents that indicated downpayment as a small or not-a-problem declined over this period.

Having a large enough downpayment was only part of the battle for consumers. By the tail end of the subprime meltdown, the decline in construction and financial activity as well as problems in the banking sector spread housing’s issues to the general economy. Layoffs surged as a result, while incomes flat lined and some workers even took pay cuts to hold onto jobs. Respondents’ view of job security changed dramatically following the housing bust as the share of respondents who saw it as a small or medium problem fell sharply, while those who saw it as a huge problem jumped to 83% by 2009. This pattern crested in 2010 and began to subside in 2011 as layoffs fell to normal levels and the unemployment rate eased nationally.

The tough economic times tarnished many households’ credit histories, while depleting funds for downpayments and closing. Combined with a weak employment environment and an increase in lending standards by banks, consumers’ view of their ability to get approved for a mortgage fell sharply after 2006 reaching a peak at 73% in 2010. While credit standards remained tight in 2010, job security improved in 2011 and the unemployment rate fell. Consequently, the share of consumers who felt that they would have a huge or medium problem getting approved for a mortgage eased slightly in 2011 to 71%, but remains well above the 2003 level of 56%.

The decline in prices and mortgages rates helped to elevate affordability, but it did not guarantee that consumers would find the right home for their needs. The decline in market activity caused builders to pull back and weak prices kept traditional sellers on the fence, while nearly a quarter of all mortgaged home owners were underwater precluding them from selling without incurring a loss. As a result, the quality and diversity of the inventory declined over time. Respondents’ concern about being able to find a home they liked and could afford dipped just after the market decline as the power dynamic swung from sellers to buyers. But by 2010 with a strong Federal stimulus, the inventory on hand was often picked-over and did not meet the needs of prospective buyers. The result of these trends was to create an environment ideal for buying, but with limited options. Respondents were more optimistic on this front than during the height of the housing boom, though.

Nine Years in Retrospect: Conclusions
While the view of a home purchase as a wise financial investment diminished, it remained strong through the housing boom and bust. However, tight lending conditions along with large downpayment requirements and high FICO standards made it difficult for many potential homebuyers, while the sharp price declines put a crimp on home owners’ interest and ability to move. For those with good credit and plenty of cash, the post-boom market was a great time to make an affordable purchase, but even those buyers found that the supply available did not always meet their needs. Tight conditions have weighed on consumers in recent years, but there was a modest thaw by 2011. Consumer confidence improved sharply in the fall of 2011 and both home sales and prices jumped in the spring of 2012. Though respondents to the Market Pulse survey in 2012 and 2013 would likely indicate a more positive sentiment toward employment prospects and housing as an investment, access to credit remains limited and mortgage approval is a high hurdle for many would-be buyers.

Ken Fears, Manager, Regional Economics

Ken Fears is the Manager of Regional Economics. He focuses on regional and local market trends found in the Local Market Reports and the Market Watch Reports . He also writes on developments in the mortgage industry and foreclosures.

Article source: http://feedproxy.google.com/~r/EconomistsOutlook/~3/_wgqXHnQOhE/

Article source: http://okrealestatevalue.com/2013/03/17/the-market-pulse-survey-9-years-in-retrospect-part-iii/

Expedition 34 Crew Is Welcomed Home

Expedition 34 Crew Is Welcomed Home

Expedition 34 Flight Engineer Evgeny Tarelkin, left with flowers, Flight Commander Kevin Ford of NASA, center with flowers, and Soyuz Commander Oleg Novitskiy are greeted at the Kustanay Airport a few hours after they landed near the town of Arkalyk, Kazakhstan.

Ford, Novitskiy, and Tarelkin are returning from 142 days onboard the International Space Station where they served as members of the Expedition 33 and 34 crews.

Photo Credit: NASA/Bill Ingalls

Article source: http://www.nasa.gov/multimedia/imagegallery/image_feature_2471.html

Expedition 34 Crew Is Welcomed Home

Expedition 34 Crew Is Welcomed Home

Expedition 34 Flight Engineer Evgeny Tarelkin, left with flowers, Flight Commander Kevin Ford of NASA, center with flowers, and Soyuz Commander Oleg Novitskiy are greeted at the Kustanay Airport a few hours after they landed near the town of Arkalyk, Kazakhstan.

Ford, Novitskiy, and Tarelkin are returning from 142 days onboard the International Space Station where they served as members of the Expedition 33 and 34 crews.

Photo Credit: NASA/Bill Ingalls

Article source: http://www.nasa.gov/multimedia/imagegallery/image_feature_2471.html

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