New home sales plunge nearly 17% in April

sales

You know that you are in hell when you live in a police state and are not allowed to say it.

What do you do when your society is collapsing in mass insanity?

Americans scream that the US would be a wonderful utopia with a clean environment if toothpicks were illegal, but do Americans think there would be no unintended consequences? Wouldn't toothpick factories close and layoff workers? Wouldn't more people be arrested? Would the tax rate rise to pay for prisons? Wouldn't more people have dirty teeth? Aren't there other ways to solve "problems" instead of decrees?

Americans insist spicy mustard should be outlawed and say no one should worry because you could still buy regular mustard, but are Americans unable to understand that tyranny is a slippery slope that spreads like cancer? Do Americans realize that if you had 2 choices yesterday and 1 choice today that tomorrow you will have no choices? Didn't the USSR fail?

What's wrong with freedom?

Every new law means more people will decide to drop out and homelessness grows.

The US is so far gone now that Americans can't even agree that unconstitutional NSA wiretapping is wrong. Nazis will scream TSA groping is just fine because blacks exist.

How could anyone work today when their taxes pay for illegal immigrants, debt, war, curfews, gun bans, NSA wiretapping, checkpoints, forfeiture, the end to the right to silence, free speech bans, torture, kill lists, no fly lists, searches without warrants, private prisons, mandatory minimums, 3 strikes laws, DNA databases, CISPA, SOPA, NDAA, IMBRA, FBAR, FATCA, TSA groping, secret FISA courts, and Jade Helm?

Why work hard when the elites are just going to steal your money? Your taxes will be used to pay for the bullets used to kill you.

The USA is a police state now and no longer a democracy. Everything is illegal. The government is not legitimate and the government and illegal aliens don't obey the law.

Voting won't fix US debt, wars, and tyranny because every candidate has been bought off by the elites and the electronic voting machines can be hacked. Any moral politician will be ridiculed by the media as being a racist nutjob.

Americans could dropout and go Galt so the USA collapses, but Senegal is poor and the 1% there still remain rich. Even with satellites and security cameras, Americans still might be able to disappear and go underground, however, if they lose their names, work for cash, live on a sailboat, or live in a remote foreign place like Siberia or the Amazon.

Maybe the only real option to the police state is a revolution or civil war. This might not happen unless the economy implodes and may not occur for 30 years. Tunisia, Egypt, Libya, Ukraine, and Iceland overthrew their governments. France and Hong Kong are protesting, but cowardly Americans do nothing.

Future generations will ask why didn't Americans resist when the US became a police state.

How could the most free country in the world spiral down to become a police state with death camps?

What kind of country do you live in when bank fraud is rewarded with billion dollar bailouts, the homeless are arrested, the rich can bribe their way into Harvard, and the stock and metals markets are rigged?

People seem able to tolerate an infinite amount of government abuse. Even North Koreans think that North Korea is a free country.

Are you just going to stay silent?

You wouldn't believe what I pay in taxes...That's like worrying about being able to afford food...I have money YO!

Your batting 4 out of 11. Not bad.
But add more stupid ideas and your batting average will drop.
So best be quiet.

LOL I appreciate the underhanded compliment, I hope one compensates for the other in your eyes...I know that to be true, you have told me

However, I teach for free and my methods have withstood the test of time...

Unless they downgrade, they will give it back to buy the next home...

We locked in a house in November for 3% interest. We had the hardest time finding a place and put in bids on about 8 different properties.

We were renting at the time with the constant reminder we could have been asked to leave as we were in a month to month lease so we could find a home.

The house is 50 years old and needs some work but my wife sees the potential and my daughter will have stability. (she's moved 6 times in 11 years for my work)

We are going to slowly upgrade where we can and take our time renovating as now's not the a great time to be buying building materials.

We hope to pay it off way early so we are paying an extra 300 per month.

I suspect the markets falls dramatically and if so we just sit tight and ride it back up. There is a major shortage here for houses in the mountains.

Americans have become completely insane.

You know that you live in the Twilight Zone when Americans will look you in the eye and say that the farm bailout should be higher than the auto bailout because food is more important than cars, but why not just end the trade wars and regulations that have destroyed the economy?

Don't pay $300 a month extra if you have a 3% mortgage. Just save the cash in the bank or invest it instead.

Yep, realtor whipped up a bidding war, house on market for only one week, and open house for one weekend only.

And we outbid 20 other fuckers and priced them out of our new home.

Love our Home. Disclaimer, we worked our ass for our money. And took what we wanted and needed.

Overall, the answer right now is to move out into the sticks and buy a small inexpensive house to ride out the Doom. Purchase a doomstead.

Well I do invest and put some into savings as well as a 401k and stock grant program. We intend of paying a little extra for a year or two and shave off some time. Appreciate the advice for sure. New homeowner so I'm all ears for opinions and things.

Who needs to buy an overpriced formaldehyde box made from price-gouged inferior materials?

Currently, in the States, there are enough homes for one person six times over!

Pay off your new home as fast as you can. Then you are free and clear, to do what you need with extra money.

Also remember, Peace of mind is a very big deal these days.

shut up dickhead

its retarded speak

LAME

I am a loan officer and just 'quit' taking applications in south Florida. Nobody I talked to had a chance of getting a home as two bedrooms are hitting 400K in rough areas. Wages in south Florida are low even for skilled labor so homes in the 225-245K range where obtainable. Rents are shocking now and I don't want to take phone calls from desperate people that think they get a home for filling out an application.

Stfu voting is a violation of the first commandment you idiots shit on the laws of God then bitch at the results.

Some rich old boohmer

Why would US stocks fall if the economy is booming?

I have always liked his fucked up atitude he has a well developed personality.. all his.. nobody wrote it but him

Last Edited by Mother Maggie on 05/26/2022 08:40 AM

As a home "owner" you get the added fringe benefit of sudden and unexpected home repairs.

A friend of mine, about 7 years ago, bought a new home because he would be saving ~ $350 per month vs. renting.

Within the first 1.5 years of owning it, he had to replace or repair the following:

1. New roof = $17,000
2. New A/C unit = $6000
3. New Refrigerator = $1400
4. Repair water line between house and meter = $1200
5. New Hot Water Heater = $900

Plus lots of smaller miscellaneous repairs.

He got so in debt fixing and replacing things that he had to turn around and sell the home 2 years after he bought it for a loss once all the repaired/replacement costs were factored in.

Yeah you'd be better off putting that money into improving the house and increasing the value of your house. Having a 3% loan is almost like having a free loan. There's no real incentive to pay it off early.

One way Americans are dealing with the US collapse is by being in a state of denial.

Americans say that the USA doesn't have inflation, suicides, alcoholism, drugs, homelessness, illegal immigrants, immorality, Obamacare, wars, debt, church closures, martial law, lockdowns, business shutdowns, nationalized companies, cancelled elections, closed borders, arrests of reporters, lawyers, priests, mandatory fingerprint collection, DUI laws, checkpoints, seatbelt laws, car liability insurance laws, neighborhood watch groups, "get tough on crime" politicians, laws allowing mandatory minimums, IMBRA, 3 strikes laws, curfews, police militarization, teen boot camps, school metal detectors, private prisons, chain gangs, nanny state laws, the Patriot Act, NSA wiretapping, no knock raids, take down notices, no fly lists, terror watch lists, Constitution free zones, stop and frisk, kill switches, National Security Letters, DNA databases, kill lists, FBAR, FATCA, Operation Chokepoint, TSA groping, civil forfeiture, CIA torture, NDAA indefinite detention, secret FISA courts, FEMA camps, laws requiring passports for domestic travel, IRS laws denying passports for tax debts, gun and ammo stockpiles, laws outlawing protesting, Jade Helm, sneak and peek warrants, policing for profit, no refusal blood checkpoints, license plate readers, redlight cameras, speed cameras, FBI facial and voice recognition, tattoo databases, gun bans, the end to the right to silence, free speech bans, searches without warrants, CISPA, SOPA, private prison quotas, supermax prisons, FOSTA, sex offender registration laws, and sex offender restriction laws.

Americans scream everything is fine, but their eyes twitch and their hands shake.

Disgusting.

The economy isn't booming.

The true economy honestly factors in debt.

It's actually very rare to even meet anyone who understands
this fundamental; the difference between a guy who spends freely on credit and the guy who is thrifty and well able
to support his spending.

When the bills come due the liberal spender always intends to
simply bail on his debts.

and existing home sales are only down 2.4%

[link to www.nar.realtor (secure)]

that means the supply chain crunch is having more effect on these numbers than the fed's interest increases.

people that qualify are still desperately buying anything they can find.

be prepared to see continuing increases in used home prices for at least two more quarters

It will not be yours but the growing equity will be...after you sell it

price will go down eventually if nobody is buying.

You get three years before they send it to auction, then another year to buy it back.

my RE broker called me up and said if I wanted to sell she could get me more than double what I paid 4.5 years ago. Wonder how long thats gonna last?