Feedba.cc announces Surviving the Crash, a new Housing Market web site

September 26, 2006 (PRLEAP.COM) Business News
MONTEREY, CA - To help filter the massive amount of coverage being generated by the so-called "US housing bubble", niche news specialists feedba.cc is announcing the launch of Surviving the Crash.

"It's tough out there," says Rob Capili, Editor in Chief of feedba.cc. "Loans are resetting. People are losing their homes. A lot of uneducated borrowers are staring down the barrel of a gun. The sad thing is, there is a lot of information that could help these people make better decisions. Unfortunately, there's so much of it, most of them will never see it."

Enter Surviving the Crash. Surviving the Crash is a news site that uses robots and humans to mine the vast sea of information and extract the pearls of wisdom.

"Our approach is simple," says Capili. "Machines are excellent at gathering information, but not so good at evaluating it. People are good at evaluating information, but not so good at gathering it. And databases effectively make the shelf life of useful information infinite. All we do is take the stuff that each side does best, and combine it into a unified approach."

The result?

"Surviving the Crash provides a resource that gives people timely and accurate news that they can use to asses their situation. If people just rely on their traditional sources of information, they may not be getting the entire story. You've heard the joke, 'There are only two certainties in life. Death. And your local realtor telling you that NOW is the right time to buy.'

That joke is funny because it is true. When the market was booming, the realtor's interests coincided with the buyer's interests. Everyone was making money. But now that things are turning south, the buyers need to start looking out for themselves. In order to do that, they need good information. And that's what we give them."

Surviving the Crash is available free of charge on the web at http://crash.feedba.cc.