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.

you'd have to be an idiot to sign a mortgage in this economic climate....

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...

I agree 100%

Collapse will never happen. Keep wishing.

Wrong!! Not if you have a steady income.

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

LOL....Dude, you have no clue what is going on

Another basement dweller.

Steady income? perhaps for now. With all the debt, there is no guarantee in the near future.

Meanwhile, over 45 something million people on food stamps.

Zero debt here!!!

I think some of the realtors on this thread can answer that from their own personal experience.

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.