NEW HOME SALES OF 23,000 IN THE WHOLE FREAKING COUNTRY – IT’S A RECOVERY!!!!! | |
Anonymous Coward User ID: 30818930 United States 01/26/2013 01:51 AM Report Abusive Post Report Copyright Violation | 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 User ID: 30818793 United States 01/26/2013 01:53 AM Report Abusive Post Report Copyright Violation | 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 User ID: 33010374 United States 01/26/2013 02:15 AM Report Abusive Post Report Copyright Violation | |
Dr. Lecter User ID: 24275310 United States 01/26/2013 02:17 AM Report Abusive Post Report Copyright Violation | Link please? Quoting: Anonymous Coward 6814516 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? 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. From 542000 down to 23000 and you see no problem? That is only -96%... and you see no problem? i've been saying that for years... they won't use the word depression... it would depress people... just like they refuse to use "terrorist attack" either. because the truth means they are not winning. "Moral of the story is I chose a half measure when I should have gone all the way. I'll never make that mistake again. ==== ESTJ-a (Executive) 93% Extroverted, 82% Observant, 83% Thinking, 82% Judging,72% Assertive ==== |
Skin Suit User ID: 22870849 United States 01/26/2013 03:51 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 961432 United States 01/26/2013 03:59 AM Report Abusive Post Report Copyright Violation | 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! |
Anonymous Coward User ID: 24289757 United States 01/26/2013 06:31 AM Report Abusive Post Report Copyright Violation | |
Citizenperth User ID: 33033984 Australia 01/26/2013 06:31 AM Report Abusive Post Report Copyright Violation | i rike you house... dorrar?..... i put drive fru derrivery in carport... Last Edited by CitizenPerth™ on 01/26/2013 06:32 AM It's life as we know it, but only just. [link to citizenperth.wordpress.com] sic ut vos es vos should exsisto , denego alius vicis facio vos change , exsisto youself , proprie |
Anonymous Coward User ID: 32930133 Puerto Rico 01/26/2013 06:51 AM Report Abusive Post Report Copyright Violation | 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 ! |
Anonymous Coward User ID: 25867801 United States 01/26/2013 07:19 AM Report Abusive Post Report Copyright Violation | 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. 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 User ID: 32332417 Canada 01/26/2013 07:49 AM Report Abusive Post Report Copyright Violation | 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 User ID: 28870983 United States 01/26/2013 08:41 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 33040157 United States 01/26/2013 09:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 17851333 United States 01/26/2013 09:27 AM Report Abusive Post Report Copyright Violation | This happens everywhere and has been going on for decades. |
Anonymous Coward User ID: 14117105 United States 01/26/2013 09:36 AM Report Abusive Post Report Copyright Violation | |
mopar28m User ID: 14265444 United States 01/26/2013 09:37 AM Report Abusive Post Report Copyright Violation | 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. vaccinefreehealth blogspot com The risk far outweighs any benefit as the risk will vary from child to child. facebook.com/graphixyourway |
Thai'd Up User ID: 29182360 United States 01/26/2013 09:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1253249 United States 01/26/2013 10:00 AM Report Abusive Post Report Copyright Violation | 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 User ID: 1253249 United States 01/26/2013 10:09 AM Report Abusive Post Report Copyright Violation | ... 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. From 542000 down to 23000 and you see no problem? That is only -96%... and you see no problem? i've been saying that for years... they won't use the word depression... it would depress people... just like they refuse to use "terrorist attack" either. because the truth means they are not winning. 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 User ID: 33033984 Australia 01/26/2013 10:10 AM Report Abusive Post Report Copyright Violation | 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 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. [link to citizenperth.wordpress.com] sic ut vos es vos should exsisto , denego alius vicis facio vos change , exsisto youself , proprie |
Anonymous Coward User ID: 33006118 United States 01/26/2013 10:17 AM Report Abusive Post Report Copyright Violation | ... Quoting: PhilippinoBob From 542000 down to 23000 and you see no problem? That is only -96%... and you see no problem? i've been saying that for years... they won't use the word depression... it would depress people... just like they refuse to use "terrorist attack" either. because the truth means they are not winning. 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. 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. |
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Anonymous Coward User ID: 33034699 United States 01/26/2013 10:47 AM Report Abusive Post Report Copyright Violation | 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?? 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 User ID: 32909793 United States 01/26/2013 11:07 AM Report Abusive Post Report Copyright Violation | |