R.I.P: Molalla URBAN RESERVE IS DEAD! BCC votes to DENY!!!!

R.I.P update 4/28/2011: At City Council last night, incompetent “manager” Atkins said he would leave his post by Sept or Oct – or SOONER – because of his failure as a city manager! There is a god! And the Council voted to have County contract planning outlined at the next Council session. There must be TWO GODS! It is all WAY OVERDUE, but better late than never. Now the “third god” can step in and convince NOXIOUS WHINY  fake “mayor” Clarke its time to hung up his badge and move on. Anyone would be a better mayor than sour grapes, liar Clarke – that he has the gall to whine about how the BCC voted to deny!

After 5+ years, hundreds of THOUSANDS OF PUBLIC MONEY WASTED – the urban reserve is OFFICIALLY DEAD!!!!!

I told you so, 1000 Friends of Oregon told you so, County told you so over and over again, the State told you so over and over and over and over again – so the only ones to blame are fake “manager” Atkins and “mayor” puppet of land speculators Clarke!

I guess pushy local land speculators – Hi Kyllos! – will have to move to some nasty state that doesn’t have land use rules and citizen involvement programs. I hear you can ruin anything you want to ruin in Texas or the deep South. Time to saddle up and ride to a state that doesn’t give a damn about natural resources. I’m thinking Arizona or Nevada or how about Arkansas?

I salute the wise Clackamas County Board of Commissioners for the vote to DENY the Molalla urban reserve.

Now the people have to demand that the city council provide COMPETENT MANAGEMENT AND REAL URBAN PLANNING. Stay tuned, it’s time to leave the computer and crack up a bottle of champagne! Here’s to preserving EFU lands, here’s to saving wildlife habitat and here’s to ending the ugly, greedy, insider trading that allowed land speculators to rule Molalla. I guess when luck runs out for the good old boy cabal, it runs out BIG TIME!

Here’s to the great CITIZENS who worked side by side to make certain that greed and legally indefensible garbage didn’t prevail!

Nobody deserved to FAIL MORE THAN POTTER, CLARKE, ATKINS and the greedy good old boy pigs who thought they could pull the wool over Clackamas County. Ha! Not gonna happen!

POP! Don’t let that bubbly cork hit you in the face Kyllos!

While Clarke prays for a reversal and the Kyllos cry in their beer, here’s some more bad news for the bottom line in bankrupt Molalla. Don’t let loser “manager” see this story, it it is this bad in Portland, just think how bad prices are tanking in Boxcanyonville Molalla:

oregonlive.com

Portland area home prices continued slide in February, survey shows

Published: Tuesday, April 26, 2011, 8:21 AM     Updated: Tuesday, April 26, 2011, 8:51 AM
The Associated Press By The Associated Press The Oregonian
home_prices.jpg(AP Photo/Mark LennihanA townhouse for sale last month in Brooklyn, N.Y. Housing prices fell again in February in most major U.S. cities, according to the S&P/Case-Shiller index released today.

WASHINGTON — Home prices are falling in most major U.S. cities and at least 10 major markets — including Portland — are at their lowest point since the housing bubble burst.

The Standard & Poor’s/Case-Shiller 20-city index shows price declines in 19 cities from January to February. The index fell for the seventh straight month. Prices fell at a faster rate in 11 markets in February compared with the previous month.

In the Portland metro area, prices fell 1.8 percent in February and were down 7 percent from February 2010. Only five other cities in the survey had sharper one-month declines. The Portland-area price index is now at a level not seen since the fall of 2004.

Consumer confidence improves; stocks rise
The Consumer Confidence Index increased more than expected as inflation worries eased. Stocks were higher, too.

Average home prices in all 20 cities are now back to their summer 2003 levels.

High unemployment, stricter lending rules and fears that prices will fall further are among the reasons why few people are buying and selling homes. A record number of foreclosures are forcing down home prices in most metro areas, and prices are expected to keep falling through this year.

“There is evidence that potential sellers are holding their properties off the market, waiting for housing prices to stop falling,” said Bricklin Dwyer, an analyst at BNP Paribas.

Detroit was the only market to show a monthly gain, although the Motor City is one of five cities where home prices are now below their January 2000 levels.

The cities with the steepest declines from January were Minneapolis, San Francisco, Chicago, Miami, Seattle and Portland.

In many depressed markets, a significant percentage of buyers are really investors and private equity firms looking to cash in on cheap real estate.

The housing sector is struggling even while much of the economy is recovering slowly but steadily. Some of the worst declines in home prices are in cities hit hardest by unemployment and foreclosures.

Foreclosures are expected to rise to 1.2 million this year as many banks revisit thousands of foreclosure cases, spurred into action by federal regulators who have ordered top-to-bottom reviews of how foreclosures were carried out over the past two years.

“It’s hard to sell when buyers have the leverage and foreclosures continue to create a gap between distressed sale prices and non-distressed sale prices,” said Jonathan Basile, an economist at Credit Suisse Securities. More than 90 percent of homeowners say it’s a bad time to sell their home, according to the Reuters/University of Michigan Survey of Consumers.

The Case-Shiller index measures sales of select homes in those cities compared to January 2000. For each of the 20 metro areas it studies, the index provides an updated three-month moving average price. By measuring the sales price of the same homes over time, the index attempts to gauge true market values.

Brent Hunsberger contributed.

© 2011 OregonLive.com. All rights reserved.

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