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WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!

 
Anonymous Coward
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10/23/2010 01:16 AM
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WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”
Anonymous Coward
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10/23/2010 01:24 AM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool
Anonymous Coward
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10/23/2010 01:26 AM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool
 Quoting: Anonymous Coward 1079741

Idiot
Anonymous Coward
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10/23/2010 01:32 AM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool

Idiot
 Quoting: Anonymous Coward 1007775



hooker
Anonymous Coward
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10/23/2010 01:33 AM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
AINT SEEN NOTHING YET, FREE HOUSES FOR EVERYONE
Anonymous Coward
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10/23/2010 01:34 AM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool

Idiot



hooker
 Quoting: Anonymous Coward 1079741


Ovary.
Anonymous Coward
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10/23/2010 03:00 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
bump bump bump
Anonymous Coward
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10/23/2010 03:03 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
My property taxes went down $5.00 but our home lost over $30,000.00 in value. Seems to be pretty fair I'd say...NOT.
Anonymous Coward
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10/23/2010 03:06 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”
 Quoting: Anonymous Coward 905800


THIS IS HUGE DOOM COMING !!

Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.
Anonymous Coward
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10/23/2010 03:23 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”


THIS IS HUGE DOOM COMING !!

Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.
 Quoting: Anonymous Coward 877408



At some point Joe Sixpack will pull his house off the market once he fiqures it isn't worth what it was worth 5 minutes ago (hello Weimar!) Also if an idiott like Joe Sixpack has got to fiqure out he could have a free house if he just stays put!!
Anonymous Coward
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10/23/2010 03:40 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
"They" want EVERYONE upside-down on their mortgages...all planned!
Anonymous Coward
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10/23/2010 03:44 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool

Idiot
 Quoting: Anonymous Coward 1007775



No man, you don't understand. Housing was in a bubble. that bubble has to deflate.

the sooner it does, the sooner the market will begin the recovery process.
Anonymous Coward
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10/23/2010 03:46 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
Where I live the home value they tax you for never goes down.
Anonymous Coward
User ID: 946424
United States
10/23/2010 03:46 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”


THIS IS HUGE DOOM COMING !!

Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.



At some point Joe Sixpack will pull his house off the market once he fiqures it isn't worth what it was worth 5 minutes ago (hello Weimar!)
Also if an idiott like Joe Sixpack has got to fiqure out he could have a free house if he just stays put!!
 Quoting: Anonymous Coward 1132105



You have Wiemar backward.

With Wiemar, shit was going UP in price by the minute, not down. that's what's going to happen here. They're going to destroy the value of the dollar to make your house worth in dollars what you paid for it. Too bad the value of everything else you have - like your 401K and your IRA and your savings will be destroyed along the way.
Anonymous Coward
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10/23/2010 03:49 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
Where I live the home value they tax you for never goes down.
 Quoting: Anonymous Coward 842983



Move
Anonymous Coward
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United States
10/23/2010 03:49 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
My property taxes went down $5.00 but our home lost over $30,000.00 in value. Seems to be pretty fair I'd say...NOT.
 Quoting: Anonymous Coward 1086168



Vote the bums out.
SIR BLASPHEMY
User ID: 1102146
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10/23/2010 03:59 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
AINT SEEN NOTHING YET, FREE HOUSES FOR EVERYONE
 Quoting: Anonymous Coward 1136348

......................................................

If You have CASH ..... Then this IS YOUR TIME ......

If you need FINANCING You are OUT of LUCK ......

BANKS are NOT going to LOAN MONEY on an asset that
the VALUE is UNKNOWN and maybe going DOWN .......

LOANS Will be given,

However the INTEREST RATE for those with LESS Then PRESTINE CREDIT will be HIGH .....

MONEY Is ALWAYS available,
for People that AlREADY Have MONEY ...........


The DIVISION Between the RICH and the WORKING, TAXPAYING, POOR .....

Will Expand until we have .. GLOBAL DOOM .....

The GLOBAL DOOM that I speak of ALMOST CAME .....

With the FINANCIAL MELTDOWN ........

WE ALL witnessed how the US GOVERNMENT came to the RESCUE .

Of the RICH .......................

.... PEOPLE DIED in Hurricane KATRINA .......

Many of These PEOPLE were the TAXPAYING POOR ......

AND OUR Government SHOWED the WHOLE WORLD how we take care

of OUR WORKING, TAXPAYING ... POOR .........


...................... stfu



.....
John Donson
User ID: 1012203
United States
10/23/2010 04:02 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
In the last year I've been living in my house, I've seen 8 houses abandoned with only one sold on my block. We're talking 40 houses max and 20% of them are vacant. In 2005, houses in this area were selling for $130k - $150k. Now I see signs for $53K for a 3br 2 b house.
Yet I still feel it will get worse. I'll soon be able to trade my car for a house. You know things are shitty when cars are worth more than houses!
Anonymous Coward
User ID: 1132105
United States
10/23/2010 04:12 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”


THIS IS HUGE DOOM COMING !!

Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.



At some point Joe Sixpack will pull his house off the market once he fiqures it isn't worth what it was worth 5 minutes ago (hello Weimar!)
Also if an idiott like Joe Sixpack has got to fiqure out he could have a free house if he just stays put!!



You have Wiemar backward.

With Wiemar, shit was going UP in price by the minute, not down. that's what's going to happen here. They're going to destroy the value of the dollar to make your house worth in dollars what you paid for it. Too bad the value of everything else you have - like your 401K and your IRA and your savings will be destroyed along the way.
 Quoting: Anonymous Coward 946424


I hope your right but I don't see any plan that would make real estate go up right now!
CrazyJarhead

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10/23/2010 04:14 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
The Obama Great Depression is taking its toll on the housing market too.
Pearl Harbor was an inside job.
Anonymous Coward
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Australia
10/23/2010 04:16 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
obama's fault again - everything is obama's fault.

just remember this and you will never have to think.
Anonymous Coward
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United States
10/23/2010 04:17 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool

Idiot



hooker


Ovary.
 Quoting: Anonymous Coward 1126062

sideways
Anonymous Coward
User ID: 1051156
United States
10/23/2010 04:20 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
In the last year I've been living in my house, I've seen 8 houses abandoned with only one sold on my block. We're talking 40 houses max and 20% of them are vacant. In 2005, houses in this area were selling for $130k - $150k. Now I see signs for $53K for a 3br 2 b house.
Yet I still feel it will get worse. I'll soon be able to trade my car for a house. You know things are shitty when cars are worth more than houses!
 Quoting: John Donson 1012203

Home prices will fall to 25% of the 2004 market price.. That is the bottom.. When I told people that in 2006.. they laughed..
Anonymous Coward
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United States
10/23/2010 04:21 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
My property taxes went down $5.00 but our home lost over $30,000.00 in value. Seems to be pretty fair I'd say...NOT.
 Quoting: Anonymous Coward 1086168

youre lucky. you still have a home, sort of.
AWhereness

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10/23/2010 04:21 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
obama's fault again - everything is obama's fault.

just remember this and you will never have to think.
 Quoting: Anonymous Coward 1138785

+100

This is not the beginning of anything. We are in the midst of it and it didn't start here. The tidal wave is way high and there are lots of years of fragile lies beneath us. The government(R&D)brought us here but they are just the window dressing...
When we remember we are all mad, the mysteries disappear and life stands explained.

Mark Twain
Anonymous Coward
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10/23/2010 04:25 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
The Obama Great Depression is taking its toll on the housing market too.
 Quoting: CrazyJarhead


This crisis started long before Obama announced his run for the presidency. So, please explain how this is Obama's depression?
BloodRed

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10/23/2010 04:25 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
[link to www.clearcapital.com]

Press ReleaseSpecial Release: Clear Capital™ Reports Sudden and Dramatic Drop in U.S. Home Prices
Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.


TRUCKEE, Calif. – Oct. 22, 2010 – Clear Capital (www.clearcapital.com), is issuing this special alert on a dramatic change observed in U.S. home prices.

“Clear Capital’s latest data shows even more pronounced price declines than our most recent HDI market report released two weeks ago,” said Dr. Alex Villacorta, senior statistician, Clear Capital. “At the national level, home prices are clearly experiencing a dramatic drop from the tax credit-induced highs, effectively wiping out all of the gains obtained during the flurry of activity just preceding the tax credit expiration.”


THIS IS HUGE DOOM COMING !!

Most recent data shows a two-month 5.9% price decline representing a magnitude and speed of decline not seen since March 2009; similar declines for September and October expected to appear in other industry indices in coming months.
 Quoting: Anonymous Coward 877408

economicmelt
~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~

~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~
Nailer45

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10/23/2010 04:29 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
cool

Idiot
 Quoting: Anonymous Coward 1007775



you are the Idiot , as lower home prices is a great thing unless you were dumb enough to pay $250,000 for a 2bdrm home..
Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.
Thomas Jefferson
ladyarwen
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10/23/2010 04:31 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
The Obama Great Depression is taking its toll on the housing market too.


This crisis started long before Obama announced his run for the presidency. So, please explain how this is Obama's depression?
 Quoting: Anonymous Coward 849182




It was a joke!
Anonymous Coward
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10/23/2010 04:32 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
obama's fault again - everything is obama's fault.

just remember this and you will never have to think.
 Quoting: Anonymous Coward 1138785

T.A.R.P.

Toxic Asset Relief Program
Banks got money for the bad loans they gave out.
Banks no longer were in a hurry to liquidate "toxic"assets on its' books.
Banks hold new (paid for)"toxic"assets till a better price comes along.
Market has no impetus to heal.
Market stays sick(with"toxic" assets)
Housing market stuck in limbo.


No Tarp=markets crash then bounce back

Tarp= markets slow painful asphyxiation
Anonymous Coward
User ID: 1132105
United States
10/23/2010 04:33 PM
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Re: WTF !! DOOM REPORT !! Reports Sudden and Dramatic Drop in U.S. Home Prices !!!!
obama's fault again - everything is obama's fault.

just remember this and you will never have to think.
 Quoting: Anonymous Coward 1138785



Exactly... Just like it was Bush's fault.... Sound familiar... Maybe when he gets through with our country-he came be PM of your country! LOL

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