BREAKING!! Home Sales Continue To Improve

On the surface that would seem correct....but that has been said at the bottom of low every housing dip this country has ever had. The bottom is usually acknowledged when it is seen in the rear view mirror and it is clear things are turning around....at that point the best time to buy has passed.

I am a renter. $519 a month, includes heat, water and trash pickup. So far I've been able to keep the electric bill under $18 a month. Security on the building and parking lot is very good. My point is, you could lose your job tomorrow. Then what? $8-10 an hour in retail? Just to risky for me to sign a mortgage.

Disgusting woman.

I subscribe to a guy who owns a commercial real estate company. He put out a video a few weeks ago saying not to buy now. Wait till the end of the year. He thinks housing will drop at least another 10%.

Another renter.

It could be true in certain areas. Real Estate is intensly local. One part of the country can do better than another. I have no doubts that even if there is a recovery there are areas that will take a year longer or more to catch up becuase they were hit harder.

Recovery? with the president adding $1.5-2 trillion to the national debt every year. And the guy most likely will get another 4 year term. Take a close look at what's happening to the USPS.

I am taking all this with a grain of salt as well. I am just posting what I am seeing now having been in this for the long haul. I have been of the mindset that I would stick it out as long as I can with the assumption it will get worse at some point and would never come back. What is happening right now has been a pleasant surprise and it really caught me off gaurd.

They're lying....AGAIN. When are people going to FINALLY figure this out???

Must be a renter.

Last Edited by IS-BE on 01/20/2012 01:22 PM

How dare you post this glass half full shit.

Little bird related to my uncle works at asset management company...(look up Safeguard) for starters....so any how....if you come up with 3 mil plus cash amount...this bird can get you in property investment ..bulk property purchase arangements....15-35 per house in california or vegas areas.

Sure looks good on home sales statistics.

And yet they still have to keep a tight lid on it in efforts not to oversaturate the market.

Must be a basement dwelling doomtard. Not even a renter.



Last Edited by IS-BE on 01/20/2012 01:25 PM

Jay Kay!

I dont give a shit about home sales.. how about house value improving? All the foreclosures in my area have made my house value decline over 130 g's...

want to move, but am stuck paying for a house i dont like :(

Home values will improve.

Increased home sales is the start.

Another one-star from a basement dweller.

I wonder if they come up the stairs for dinner or if their grandmother brings a plate of food down to the basement.

Yea they want ppl to buy buy buy before shtf.
QE3

long term mortage rates are a record lows.

yield rates have been dropping in search of volume for 30 years now.

and it's been powering the 40 year old real estate bubble in the USA.

but it's almost over...2008 was caused by the collapse of a real estate bubble within the real estate bubble.

there is a maximum potential tha tyield rates can drop before it becomes impossible to obtain a positive yield.

Then the USA along with teh rest of the world will implode.

because it will be impossible to extract a yield from the USA without causing a contraction.

if the sustem is yielding 7% and you take 6% to sustain yoruself.

then there is a growth rate of 1%...

but if the systam is yielding 3% and you are taking 6% to live off off...it's then collapsing by 3%...

the increase in teh public of federal debt of teh USA along with teh quantative easing is a sign tha tteh volume to support the record low rates is not there.

but if yield rates are increased in order to obtain viable yields...the system will collapse.

All that this increase in volume means with yield rates enginnered to half century record lows...is that postponement of the implosion of the USA and world is working.

there is still time left to enjoy the delusion.

Soon it will be impossible to obtain the required volume to support the yeild extraction and the only way to obtain a yield from the system will be by shrinking it.

downsizing...collapsing it.

the top or masters divide and conquer the bottom into two factions.

the rich servants or middle class an teh poor slaves of lower class.

The top employ the bottom to supply teh top with everything...teh top then take their cut and supply the rich servants and teh rich servants take their cust and supply what si left over to the poor slaves.

The top live off the yield from teh bottom.

but when teh bottom reaches their maximum potential to support the top...the top is forced to make cuts...

The lower class is alreay paid teh minimum to supply the top with teh maximum...

So the only place to cut...is the middle.

The middle has to shrink while the lower class expands.

soon the bottom will be unable to support the top...and the only way the top will be able to obtain teh yield they demand the bottom to supply.

is by shrinking the middle class.

rapidly.

OP is econoshill?

OP did your mom rent the house or bought it?

Sorry, you have been dreaming of SHTF for decades.

Guess what, all of that time dreaming of doom was wasted. You could have lived!! There will be no doomsday scenario.

Leave the basement behind. Buy a home. Rates are at their lowest point in history.

Thread: BREAKING!!! 30-Year Mortgage Drops To Record 3.89%

the stalled foreclosure process is about to let go. the foreclosures where halted while the paperwork fraud was being looked into. the shit is about to hit the fan again with foreclosures. I guess a house sold at auction is a home sale. lol....

Another basement dweller. Come up the stairs. Live!!

Sounds like more bargains for buyers!!

Forclosures are up too, specifically in Florida where they now use the courtroom rocket-docket.