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Sinopsis

We are back from the big Super Bowl weekend. I promise not to let Lindsay pick teams anymore, at least not until we have already placed our bets on the team she DOESN’T pick. Enough about football, we have real estate news to talk about. We talked about a couple of stories in the Sub-Prime Meltdown area. Due to stricter Fannie Mae guidelines, lenders are starting to require high down payments. Also a great story in the Atlanta Constitution Journal today that finally released the numbers of the sub-prime default rates over the last decade. The numbers are in and they did not go up that much. Find out why that is significant in today’s episode. We had a chance to talk to Lenore Wilkas from Prudential Fine Homes International in San Mateo California. She is a fellow blogger and unapologetic to her real estate agent brethren for taking them to task and making them justify themselves and their existence. What a breath of fresh air Lenore was. She is part of a group that created a new blog called Real Estate Darwi