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NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!

 
Anonymous Coward
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01/26/2013 01:51 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219



You have a completely valid argument. I agree with your point of view 100%. Why are they pumping up the market when the housing industry is anything but in recovery??
Anonymous Coward
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01/26/2013 01:53 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219


Yeah, really. If this is considered a recovery, I would really hate to see what a recession or depression would be like!!
Anonymous Coward
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01/26/2013 02:15 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Part time jobs and unemployment checks don't buy many houses.
 Quoting: Anonymous Coward 33031764


Yup. Folks doing OK who are afraid they will lose their job or business any day, same.
Dr. Lecter
I'm a goddamn marvel of modern science

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01/26/2013 02:17 AM

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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Link please?

Because I'm not sure where you are getting your numbers but I just checked at ForexFactory.com and the new home sales for December was 369,000

And home sales for the month prior (November) was 398,000.

Where are you seeing new home sales of only 23,000?
 Quoting: Anonymous Coward 6814516


Never mind, I caught my own error. 369,000 is the annualized number.

Still, though, in 2006 the total number of new homes sold that year was 542,000. So yes new homes sales are down from "the better days" pre-great-recession but I don't see the current numbers as doom numbers at all.
 Quoting: Anonymous Coward 6814516


From 542000 down to 23000 and you see no problem?
That is only -96%... and you see no problem?
 Quoting: PhilippinoBob


i've been saying that for years... they won't use the word depression... it would depress people...
 Quoting: Citizenperth


just like they refuse to use "terrorist attack" either.

because the truth means they are not winning.
Man has evolved barely an inch from the very slime that spawned him.
Skin Suit

User ID: 22870849
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01/26/2013 03:51 AM

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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
masking some big money.

wow.

recovery.

big money
Anonymous Coward
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01/26/2013 03:55 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!

i sold one of these "bungalos" 800sq ft for 1.5 million dollars.
 Quoting: Anonymous Coward 18380705


Yeah.................
Anonymous Coward
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01/26/2013 03:59 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
What about all the vacant houses? No one wants them? Not to mention the vacant commercial properties. Before the crash of 2008 office complexes were being erected absolutely everywhere here and they still stand empty. Recovery my arse.
 Quoting: black calx


Andre Barbosa's days of stylish squatting in a $2.5-million Boca Raton mansion may be numbered.

A filing in Palm Beach County court made public Friday names the 23-year-old Brazilian national and eight other unknown people as defendants for their attempt to stake a claim on the waterside property at 580 Golden Harbour Drive.

Bank of America is claiming rightful ownership of the home — despite Barbosa's invocation of an obscure Florida real estate law to stake his claim on the foreclosed property, a 7,522-square-foot, 5-bedroom palace that features canal views and whose interior includes pillars, a curved staircase and marbled bath.


[link to www.sun-sentinel.com]

Andre, err excuse me, Loki boy, will take them!

5a
Anonymous Coward
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01/26/2013 06:31 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
That would be less than 500 per state.
Citizenperth
FUKUSHIMA, GLPTARD 24/7/365

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01/26/2013 06:31 AM

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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
i rike you house... dorrar?..... i put drive fru derrivery in carport...

Last Edited by Citizenperth on 01/26/2013 06:32 AM
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Anonymous Coward
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01/26/2013 06:51 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219


The reason is simple Banks are puting so much restrictions to make loans people are buying houses in cash fucking the banks in the event...

There is now a bank withdrawal run worst that in 911 , as people know argentina case , they are moving their bank cash into solid tangible assets , metals , property , guns & ammo , food & survival resources ....

If the houses are sold CASH they dont go into sales statistics done by the banks ....

People are buying CASH & avoiding shit sucking loans !

shitstream
Anonymous Coward
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01/26/2013 07:19 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219


This is just a scam going on right now. Yes, they're actually constructing new homes and commercial buildings. No, no one is buying them. They're reselling the buildings to their own sister companies to create an illusion of a sale. Why are they doing it? I've been trying to figure out the economics of it myself and far as I can tell, it's either a tax write off, some sort of investment scam or some other government sponsored bullshit to keep numbers up. Meanwhile, I can go drive around a neighborhood or an industrial/commercial area and see the countless empty homes and buildings.
 Quoting: Anonymous Coward 24957083


It's to keep houses at five to seven times gross when they should be three times gross. Why? Who knows? Buying a house for four times gross salary is kind of a hardship.
MHz

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01/26/2013 07:49 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
In the '30's when a lot of farms went up for auction it was not uncommon that the owner got his property back, course that also meant some of the bigger farmers stood beside anybody bidding on it and 'sort of discouraged' them from bidding.
Anonymous Coward
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01/26/2013 08:41 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
The dollar is on the verge of collapse, yet dork goes on tv and convinces his idiot supporters that we're in recovery.
Anonymous Coward
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01/26/2013 08:49 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Gotta come crashing down soon and China takes over as the pre planned rescue happens and the NWO BEGINS! byekitty
Anonymous Coward
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01/26/2013 09:16 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
How come chinese cannot pronounce L?
Anonymous Coward
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01/26/2013 09:27 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Whenever there is a boom in real estate, you never see the Chinese out in full force buying. They wait until the economy is in the shitter and come in a buy up everything for pennies on the dollar and even then, beat the hell out of the usually desperate seller to squeeze the last cent out of him.

This happens everywhere and has been going on for decades.
Anonymous Coward
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01/26/2013 09:36 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
I bought my house for 90k in 1996, today it is paid off and worth 20k less than I payed, 1 hell of a recovery!
mopar28m
Lev. 23:15-22

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01/26/2013 09:37 AM

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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219


More new construction? There are more homes on the market than there are people to live in them.
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Thai'd Up
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01/26/2013 09:39 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
why on earth would this topic get pinned? is this a conspiracy?
Anonymous Coward
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01/26/2013 10:00 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Every time one of the house go up for sale in my neighborhood it sits on the market forever then finally the home owner gets desperate enough to rent that home so they can purchase the one they want. All I can think is YOU DuMBASS... Now when shit crashes they can take both your homes because the tenant can pay anymore and you can barely afford the mortgage for one house.
 Quoting: Bornready 33021572


i see this all the time
Anonymous Coward
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01/26/2013 10:09 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
...


Never mind, I caught my own error. 369,000 is the annualized number.

Still, though, in 2006 the total number of new homes sold that year was 542,000. So yes new homes sales are down from "the better days" pre-great-recession but I don't see the current numbers as doom numbers at all.
 Quoting: Anonymous Coward 6814516


From 542000 down to 23000 and you see no problem?
That is only -96%... and you see no problem?
 Quoting: PhilippinoBob


i've been saying that for years... they won't use the word depression... it would depress people...
 Quoting: Citizenperth


just like they refuse to use "terrorist attack" either.

because the truth means they are not winning.
 Quoting: Dr. Lecter



he said that was annual. so 542,000 divided by 12 is 45,000. so the housing market is down by half since before the recession.
Citizenperth
FUKUSHIMA, GLPTARD 24/7/365

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Australia
01/26/2013 10:10 AM

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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Every time one of the house go up for sale in my neighborhood it sits on the market forever then finally the home owner gets desperate enough to rent that home so they can purchase the one they want. All I can think is YOU DuMBASS... Now when shit crashes they can take both your homes because the tenant can pay anymore and you can barely afford the mortgage for one house.
 Quoting: Bornready 33021572


i see this all the time
 Quoting: Anonymous Coward 1253249


the first time i win in my life.. property portfolio = 1.4

average price here for equivalent 240 000.... epic win....

YAY

might go buy a pizza.. nah.. too wet.. drink a glass of FULL OF WIN instead.....

Last Edited by Citizenperth on 01/26/2013 10:10 AM
It's life as we know it, but only just.
My Fukushima Site:
[link to citizenperth.wordpress.com]
sic ut vos es vos should exsisto , denego alius vicis facio vos change , exsisto youself , proprie

GLP's best Fuku thread: Thread: *** Fukushima *** and other nuclear-----updates and links
twitter: @citizenperth
“If I had an hour to solve a problem and my life depended on it, I would use the first 55 minutes determining the proper question to ask, for once I knew the proper question, I could solve the problem in less than five minutes.”
- Albert Einstein
Anonymous Coward
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01/26/2013 10:17 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
...


From 542000 down to 23000 and you see no problem?
That is only -96%... and you see no problem?
 Quoting: PhilippinoBob


i've been saying that for years... they won't use the word depression... it would depress people...
 Quoting: Citizenperth


just like they refuse to use "terrorist attack" either.

because the truth means they are not winning.
 Quoting: Dr. Lecter



he said that was annual. so 542,000 divided by 12 is 45,000. so the housing market is down by half since before the recession.
 Quoting: Anonymous Coward 1253249


So a 50% drop is something to cheer about. You know, 4 years ago people would have shit themselves over a 50% drop... now, this chucklefuck thinks we should cheer about it. Man, it's true, people grow dumber everyday. No wonder they buy the chatter from their tv's and radio everyday. Too stupid to see the irony in it.
Anonymous Coward
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01/26/2013 10:19 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Where I am at appraisors are lowering the price on homes by 15 to 25 %, killing deals, and driving us mad.
You can protest the appraisal BUT they wont listen and file it away. NO one in my area has one a bad appraisal.
Anonymous Coward
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01/26/2013 10:23 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
ooops not enough coffee.

I ment no one has won a low appriasal.
Anonymous Coward
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01/26/2013 10:27 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
he said that was annual. so 542,000 divided by 12 is 45,000. so the housing market is down by half since before the recession.
 Quoting: Anonymous Coward 1253249


BTW- with a 50% drop, you may want to start practicing the use of the "D(epression)" word. Just a heads up for ya.
Anonymous Coward
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01/26/2013 10:47 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
New Home sales fell by 7.7% in December. They were predicted to go up. We’ve got the lowest mortgage rates in the history of mankind and the entire freaking country of 115 million households has only 23,000 new homes sold in December???? Even better, only 10,000 of these homes are actually completed. The rest are either under construction or not even started. Still, the guy at Calculated Risk and the rest of the MSM try to sell you on some sort of housing recovery. Does he even look at his own charts? Can anyone show me a housing recovery in that chart?
 Quoting: Anonymous Coward 32962219



You have a completely valid argument. I agree with your point of view 100%. Why are they pumping up the market when the housing industry is anything but in recovery??
 Quoting: Anonymous Coward 30818930


everything must be pumped to keep the banks balance sheet valid. They finance realestate so it's on their balance sheets as assets or reserves.
Anonymous Coward
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01/26/2013 11:07 AM
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Re: NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!!
Thread: Free Houses? You Betcha ===Quiet Title===