FreeTedWilliams

I seem to remember someone syaing that this would happen (and was ridiculed by the left), although I think that he was a month off on his prediction...


http://biz.yahoo.com/ap/080324/economy.html?.v=3

Once again, let the free market rule, and it will come around.

__________________
The Jets look like a Super Bowl contender right now about as much as Rosie O’Donnell looks like a threat for the Miss America crown. -NY Post 12/19/2011


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

weswelker#83

Jan to Feb existing home sales is traditionally a big month.
Jan - Feb Change
2006 +4.5%
2007 +3.7%
2008 +2.9%

Harry Boy

The left wing media is feeding us all kinds of *****, they don't want anything to go "right" until one of those two babbling grinning democrats are nominated and elected.
It's all over the talk radio today that the housing thing is coming back.

Take That To The Bank

__________________
Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

scout

Oh boy, the housing market rose this month....................as prices continue to tumble.
From people I've talked to in the industry (builders) the market will not be back for two years.

weswelker#83

Even more than 2 years, do you know how many new luxury Condos are dead empty?

/a lot.

jack

This thread needs to be saved for future use, because the economic boom is starting and ftw called it.

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Real World

I really don't see why prices tumbling is such a bad thing? Anyone in here with some idea of real estate, or some basic financial sense, would understand that a drop was very necessary. A market correction like this makes property far more affordable for a number of prospective buyers who previously had no chance to own. Anyone with some coin in the bank, who doesn't own, should be shopping right now. I think there's room before it goes bottom, but you could do a lot worse than buy right now. The combination of incredibly low rates, falling prices, and a saturated market make for a buyers dream. I wouldn't be surprised if sales increase consistently, but I think 2009 will be where it reverses itself.

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897

FreeTedWilliams

I said the housing market would come back, the economy won't until they remove the Democrat run COngress that has killed it.

__________________
The Jets look like a Super Bowl contender right now about as much as Rosie O’Donnell looks like a threat for the Miss America crown. -NY Post 12/19/2011


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

jack

How did the democrats do that FreeTedWilliams?

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Harry Boy

It's a long story but even the Lefty news media knows this is the worst Congress we have had in a long time, their ratings are below Bush and thats going some.............

__________________
Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself