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BREAKING!! Home Sales Continue To Improve

 
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 02:10 PM
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Re: BREAKING!! Home Sales Continue To Improve
Forclosures are up too, specifically in Florida where they now use the courtroom rocket-docket.
 Quoting: Anonymous Coward 9175077


I agree. More homes for sale.

Good news for buyers!!

5a
DoomPoon

User ID: 2069322
United States
01/20/2012 02:13 PM
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Re: BREAKING!! Home Sales Continue To Improve
This Gov PsyOp thread is right up there with the Aliens are the Antichrist threads.


DP
___________________
An open mind, requires an open heart.
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 02:15 PM
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Re: BREAKING!! Home Sales Continue To Improve
This Gov PsyOp thread is right up there with the Aliens are the Antichrist threads.


DP
 Quoting: DoomPoon


Started smoking early?

bonghit
demon haunted world

User ID: 1070355
United States
01/20/2012 02:16 PM
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Re: BREAKING!! Home Sales Continue To Improve
Three one-stars. Ha. Those one-stars must not own a home.

cruise
 Quoting: IS-BE


People never really "own" their home. Try not paying property rent; I mean property taxes...
 Quoting: Anonymous Coward 1556306


This. President Paul will make it go away, I'm sure.
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 02:19 PM
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Re: BREAKING!! Home Sales Continue To Improve
Three one-stars. Ha. Those one-stars must not own a home.

cruise
 Quoting: IS-BE


People never really "own" their home. Try not paying property rent; I mean property taxes...
 Quoting: Anonymous Coward 1556306


This. President Paul will make it go away, I'm sure.
 Quoting: demon haunted world


I hope so!!

5a
Sgt. Stedanko

User ID: 1511869
United States
01/20/2012 02:23 PM
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Re: BREAKING!! Home Sales Continue To Improve
Who is buying these homes? These numbers have to faked people can't even get loans.
 Quoting: Anonymous Coward 8528988


Interest rates are at their lowest rate ever. Now is the time to buy if you qualify:

Thread: BREAKING!!! 30-Year Mortgage Drops To Record 3.89%
 Quoting: IS-BE
Most don't.
oh noes I got caughted!
Anonymous Coward
User ID: 1174882
United States
01/20/2012 02:23 PM
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Re: BREAKING!! Home Sales Continue To Improve
This Gov PsyOp thread is right up there with the Aliens are the Antichrist threads.


DP
 Quoting: DoomPoon


I posted just to write my observations on my area. I am a real person that just sold six homes in a week and a half and have first hand knowledge on what builders across the nation are doing in regards to land. This is GLP and I understand the need to doubt what you read because I do it on a regular basis on this site as well.

There is a minor way to do some indepenent research that may yield interesting results. Call 10 to 15 realtors in different offices in St. Johns County/St Augustine and tell them you want to drive around for 2 days to put low ball offers on properties, and listen to what they tell you. Realtors are very careful with their time becuase they dont get paid until they sell something. If they think it is a waste of time what they say will be very telling.
Anonymous Coward
User ID: 961432
United States
01/20/2012 02:25 PM
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Re: BREAKING!! Home Sales Continue To Improve
you'd have to be an idiot to sign a mortgage in this economic climate....
 Quoting: Anonymous Coward 2926765


Not with rates at the lowest they have ever been.

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

You must be a renter.
 Quoting: IS-BE


Oh great, artificially low interest rates created by meddlesome Keynesian voodoo economics from history's largest bubble blowers, the fed. Wonder what kind of damage this insanity will produce 3-4 years from now.

banana
Anonymous Coward
User ID: 1548362
Canada
01/20/2012 02:31 PM
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Re: BREAKING!! Home Sales Continue To Improve
bsflag
Anonymous Coward
User ID: 1460046
United States
01/20/2012 02:33 PM
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Re: BREAKING!! Home Sales Continue To Improve
I know several real estate agents and they say that business is BOOMING!

And now I'll be called a shill for stating a truth.

Keep believing in doom and giving yourselves anxiety attacks. Just know, its not healthy.

Recovery has to start from where we are today. It is not going to look like an instant bonanza for everyone. It starts slowly and creepys upwards, and sometimes halts. That is the nature of ALL economic recoveries.

Oh well.
Sgt. Stedanko

User ID: 1511869
United States
01/20/2012 02:34 PM
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Re: BREAKING!! Home Sales Continue To Improve
Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.

The National Association of Realtors reported that the annual sales pace in December reached 4.6 million homes, up 5% from November's pace and 3.6% from a year ago.

It was the third straight month of improvement in the pace of sales. The fourth-quarter sales volume lifted full-year sales to 4.26 million homes, up 1.7% from 2010 levels.

"The pattern of home sales in recent months demonstrates a market in recovery," said Lawrence Yun, the group's chief economist. "Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market."

Snip: Less than 50%.

Read the full article here:

[link to finance.yahoo.com]
 Quoting: IS-BE
Homeowner here. With that said, in light of what has happened to this nations economy since 2008, I would be remiss not to have a level of skepticism looking around me. Just remember this: "Everything happens for a reason, and it isn't always in the publics best interest. If you get my drift.
oh noes I got caughted!
Anonymous Coward
User ID: 8748751
United States
01/20/2012 02:36 PM
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Re: BREAKING!! Home Sales Continue To Improve
lets say this is the bottom when it comes to mortgage rates.

why would i want to buy at the bottom of mortgage rates?
when the rates start going up (and they will) the buying power of the people lookin to buy will be dramatically reduced which means home prices will go down even more.

if i buy at lowest interest rate i will be running the risk of being upside down with a few years.

people thought 2005 was the top and it kept going for another 2 years.

if people think this is the bottom then that means they will prop the market by sucking in suckers for at least two more years, then take them out... THEN it will be a great time to buy!
Anonymous Coward
User ID: 1174882
United States
01/20/2012 02:45 PM
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Re: BREAKING!! Home Sales Continue To Improve
Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.

The National Association of Realtors reported that the annual sales pace in December reached 4.6 million homes, up 5% from November's pace and 3.6% from a year ago.

It was the third straight month of improvement in the pace of sales. The fourth-quarter sales volume lifted full-year sales to 4.26 million homes, up 1.7% from 2010 levels.

"The pattern of home sales in recent months demonstrates a market in recovery," said Lawrence Yun, the group's chief economist. "Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market."

Snip: Less than 50%.

Read the full article here:

[link to finance.yahoo.com]
 Quoting: IS-BE
Homeowner here. With that said, in light of what has happened to this nations economy since 2008, I would be remiss not to have a level of skepticism looking around me. Just remember this: "Everything happens for a reason, and it isn't always in the publics best interest. If you get my drift.
 Quoting: Sgt. Stedanko


Even though I am seeing signs of turnaround(in housing) I am still a conspiracy theorist at heart. It is certain that even with a housing recovery there are sinister designs.

My take? I am starting to think there will be a rebound in housing and economy for a time so that people will let their gaurd down, patting each other on the back saying "we made it through". Most will think the worst is over and then the shoe drops. Everyone is expecting doom at the moment. If most think doom is averted it will be much more devistating and surprising to people when it suddenly happens. If there is some minor recovery....take advantage and continue to prepare.
Anonymous Coward
User ID: 1460046
United States
01/20/2012 02:45 PM
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Re: BREAKING!! Home Sales Continue To Improve
That is the inherent nature of investment - all investment entails taking a risk.

No one can 100% predict where the market will go from here. But it is reasonable to expect that we are at (or near) bottom.

The federal tax credit ended, what, 2 years ago? And there was a double dip after it ended. There is no federal credit now, and people are buying like crazy.

In real estate terms, this means this is a bottom. And people are taking the risk and buying. At incredibly low interest rates, and at prices that are affordable.

So, if you let fear dictate your investment strategies, then you would never invest at all.

The nature of investment is to take a calculated risk. That's economics for you.



lets say this is the bottom when it comes to mortgage rates.

why would i want to buy at the bottom of mortgage rates?
when the rates start going up (and they will) the buying power of the people lookin to buy will be dramatically reduced which means home prices will go down even more.

if i buy at lowest interest rate i will be running the risk of being upside down with a few years.

people thought 2005 was the top and it kept going for another 2 years.

if people think this is the bottom then that means they will prop the market by sucking in suckers for at least two more years, then take them out... THEN it will be a great time to buy!
 Quoting: Anonymous Coward 8748751
GONE_WILD

User ID: 1405748
United States
01/20/2012 02:46 PM
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Re: BREAKING!! Home Sales Continue To Improve
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.
 Quoting: HYPERTlGER


HyperTiger's spell check is broken.....ahhhahhhahhh
Anonymous Coward
User ID: 9176546
United States
01/20/2012 02:57 PM
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Re: BREAKING!! Home Sales Continue To Improve
yeah listen to greedy ass real estate agents.they lied their asses off too .steered un qualified people to mortgage brokers who got them approved.they all work on commision and will tell you anything to make a sale.they are reselling the same homes people lost at half the price of 5 years ago.just as guilty in my book as the bankers
Anonymous Coward
User ID: 1392631
United States
01/20/2012 03:05 PM
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Re: BREAKING!! Home Sales Continue To Improve
This Gov PsyOp thread is right up there with the Aliens are the Antichrist threads.


DP
 Quoting: DoomPoon


Started smoking early?

bonghit
 Quoting: IS-BE


Can you pass the Hopium, please
Anonymous Coward
User ID: 1631317
United States
01/20/2012 03:07 PM
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Re: BREAKING!! Home Sales Continue To Improve
Over 50% of the population lives check-by-check. Unless those number improve drastically, don't ever expect a full recovery of the economy.
Anonymous Coward
User ID: 1174882
United States
01/20/2012 03:11 PM
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Re: BREAKING!! Home Sales Continue To Improve
yeah listen to greedy ass real estate agents.they lied their asses off too .steered un qualified people to mortgage brokers who got them approved.they all work on commision and will tell you anything to make a sale.they are reselling the same homes people lost at half the price of 5 years ago.just as guilty in my book as the bankers
 Quoting: Anonymous Coward 9176546


I made less than 50K a year for the past 4 years in on site sales. If you consider that greedy than my response to you is go re-join your friends at occupy wallstreet.
AmericanJedi

User ID: 1503533
United States
01/20/2012 03:11 PM
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Re: BREAKING!! Home Sales Continue To Improve
Are you REALLY that stupid? REALLY? Do you believe this lying bullshit?



The real numbers on home sales and foreclosures will never be told!!!!


[link to www.cnbc.com]
 Quoting: Anonymous Coward 7227865


Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought.

Yes, but that is irrelevant. The NAR says, "it's all good in da' hood!" So, it must be, right? They have no reason to lie! Right? scratching
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 7166694
Brazil
01/20/2012 03:11 PM
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Re: BREAKING!! Home Sales Continue To Improve
lolsign
OP you post the most hillarious threads from the last couple of days, you`re the man ahahahhahahahhah
Anonymous Coward
User ID: 1218376
Denmark
01/20/2012 03:11 PM
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Re: BREAKING!! Home Sales Continue To Improve
There's a controlled collapse going on. Keywords Agenda 21 and globalization. If you think it's a good time to buy go ahead.
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:14 PM
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Re: BREAKING!! Home Sales Continue To Improve
That is the inherent nature of investment - all investment entails taking a risk.

No one can 100% predict where the market will go from here. But it is reasonable to expect that we are at (or near) bottom.

The federal tax credit ended, what, 2 years ago? And there was a double dip after it ended. There is no federal credit now, and people are buying like crazy.

In real estate terms, this means this is a bottom. And people are taking the risk and buying. At incredibly low interest rates, and at prices that are affordable.

So, if you let fear dictate your investment strategies, then you would never invest at all.

The nature of investment is to take a calculated risk. That's economics for you.



lets say this is the bottom when it comes to mortgage rates.

why would i want to buy at the bottom of mortgage rates?
when the rates start going up (and they will) the buying power of the people lookin to buy will be dramatically reduced which means home prices will go down even more.

if i buy at lowest interest rate i will be running the risk of being upside down with a few years.

people thought 2005 was the top and it kept going for another 2 years.

if people think this is the bottom then that means they will prop the market by sucking in suckers for at least two more years, then take them out... THEN it will be a great time to buy!
 Quoting: Anonymous Coward 8748751

 Quoting: Anonymous Coward 1460046


Wonderful post!!

5a
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:15 PM
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Re: BREAKING!! Home Sales Continue To Improve
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.
 Quoting: HYPERTlGER


HyperTiger's spell check is broken.....ahhhahhhahhh
 Quoting: GONE_WILD


I noticed that too!! Thought it was a bot.

ohyeah
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:16 PM
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Re: BREAKING!! Home Sales Continue To Improve
This Gov PsyOp thread is right up there with the Aliens are the Antichrist threads.


DP
 Quoting: DoomPoon


Started smoking early?

bonghit
 Quoting: IS-BE


Can you pass the Hopium, please
 Quoting: Anonymous Coward 1392631


cruise
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:17 PM
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Re: BREAKING!! Home Sales Continue To Improve
Over 50% of the population lives check-by-check. Unless those number improve drastically, don't ever expect a full recovery of the economy.
 Quoting: Anonymous Coward 1631317


A recovery has to start somewhere.

goodnews
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:17 PM
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Re: BREAKING!! Home Sales Continue To Improve
yeah listen to greedy ass real estate agents.they lied their asses off too .steered un qualified people to mortgage brokers who got them approved.they all work on commision and will tell you anything to make a sale.they are reselling the same homes people lost at half the price of 5 years ago.just as guilty in my book as the bankers
 Quoting: Anonymous Coward 9176546


I made less than 50K a year for the past 4 years in on site sales. If you consider that greedy than my response to you is go re-join your friends at occupy wallstreet.
 Quoting: Anonymous Coward 1174882


Excellent post!! I could not agree more.

applause2
Anonymous
User ID: 3272883
United States
01/20/2012 03:18 PM
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Re: BREAKING!! Home Sales Continue To Improve
Don't know what planet you are coming from.... we lost our house (first time buyers) and we rehabbed it for like 6 years... section 8 welfare family showed up a few doors down that was not there when I bought my place years earlier. Suffice it to say they left trash and a junk car out.... and rendered my home pretty unmarketable. BO administration is pushing more and more section 8 welfare junkies into nicer neighborhoods... it's not going to get better with this agenda.... it's only going to get worse unless section 8'ers are quarantined into the welfare ghetto and those of us who work for a living have some dignity for our families.
Anonymous Coward
User ID: 7166694
Brazil
01/20/2012 03:20 PM
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Re: BREAKING!! Home Sales Continue To Improve
hey op , after the colapse will you still show up here?please do, I love to give a good laugh...
...nevermind, I`ll laugh any way...
IS-BE (OP)

User ID: 6788562
United States
01/20/2012 03:21 PM
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Re: BREAKING!! Home Sales Continue To Improve
Are you REALLY that stupid? REALLY? Do you believe this lying bullshit?



The real numbers on home sales and foreclosures will never be told!!!!


[link to www.cnbc.com]
 Quoting: Anonymous Coward 7227865


Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought.

Yes, but that is irrelevant. The NAR says, "it's all good in da' hood!" So, it must be, right? They have no reason to lie! Right? scratching
 Quoting: AmericanJedi


Things are looking up. The recovery has to start somewhere.

Those with open eyes can see it clearly.

Some examples:

Thread: Crash, huh? Markets keep going up.....

Thread: BREAKING!! General Motors Reclaims Title of World's Top Selling Automaker

Thread: BREAKING!!! Unemployment Claims At 352,000. Fewest Claims Since 2008.

Thread: BREAKING NEWS!!! Global Stock Markets and Gold Surge Despite EU Downgrades

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

Thread: BREAKING!! Home Sales Continue To Improve


5a

Last Edited by IS-BE on 01/20/2012 03:27 PM

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