Comments on: House Prices – Up Or Down In 2011?

By: Go Og

Go Og — Sat, 23 Feb 2013 13:18:00 +0000

Just noticed this but you did this to yourself by who you voted for. Do not blame others for your states inability to see when a Democrat is smoozing you. I think and hope that People are realizing that Democrats are not the Party for the People and actually the Party for themselves individually.

By: Digna Kales

Digna Kales — Fri, 21 Sep 2012 11:14:15 +0000

Thanks for offering such a fantastic site. It has been a pleasure to read.

By: Las Vegas Real Estate Agent

Las Vegas Real Estate Agent — Sun, 06 Feb 2011 10:38:22 +0000

I WAS licensed in two states but I think the City I USED to practice in is going to be in for some REALLY hard times coming soon.

Las Vegas — Home values were decimated before all of the kick the can down the road programs were created so the majority of the damage has already been done.

All you have to do is look at median home values in cities across the U.S. and see the disparity in prices between the foreclosure plagued cities and the ones that have held on and were not allowed to correct before all of the programs…

Those home values will be sinking..

By: Zimbabwean Zombee

Zimbabwean Zombee — Mon, 17 Jan 2011 02:12:51 +0000

US is returning back to the wild wild west once again.

By: Davidm

Davidm — Sun, 16 Jan 2011 21:21:32 +0000

Prices have to keep falling until they are less than the cost to reconstruct the propery. Also the prices have to fall until the note payments average 30% of net average wages. Also, given we have a terrible over supply of houses this will force prices down even further. Given these natural economic factors at play, I believe prices have at least another 30 percent to fall.

What is funny, the FED keeps printing money and claims there is no inflation because home prices are not rising. Although the price of everything else other than wages and housing are going through the roof. It is going to get ugly.

By: Dave Shelter

Dave Shelter — Sat, 15 Jan 2011 02:37:36 +0000

Home prices will drop, there is an estimated 5 million foreclosures lined up for 2012. This was reported by Realestatetrak a few days ago. I think cardboard will be in demand, especially refrigerator boxes.

By: PDM

PDM — Fri, 14 Jan 2011 14:12:02 +0000

Buy some land. Learn natural building techniques – adobe, cob, straw bale, etc – through courses. Materials and labor are VERY inexpensive…if you research this. Build a small, off grid home. Free yourself.

By: rhea

rhea — Fri, 14 Jan 2011 11:29:37 +0000

Oh great I can’t wait to see both inflation and recession at the same time. Housing will still be in deep hole, and it’ll be a long time before it become stable. Besides, there are leeches in the government who suck all the people’s blood! And to think that we allow those vote-seeking politicians to walk all over us!? We are stuck in the Greatest Depression ever. We help Americans find jobs and prosperity in Asia. For details, visit http://www.pathtoasia.com/jobs/

By: Nickelthrower

Nickelthrower — Fri, 14 Jan 2011 09:44:08 +0000

Greetings,

I predict that homes across the United States will be worth what homes in Detroit or Toledo are worth – nothing.

The city of Toledo will give you an abandoned home if you agree to at least mow the lawn. That’s right, homes are worthless in Toledo. Detroit is no better with about 1/3 of the city abandoned. You’ve got your pick of homes there. In the town my parents live in, 5k will get you any number of three bedroom homes.

Now the rest of the nation will get to see what it is like to live in the rust belt. You people did nothing as our factory jobs were shipped overseas. You guys wanted cheap foreign made goods and let our part of the country fall into ruin.

Guess what? you guys are all, without exception, about to find out what it is like to live in Detroit. Think your home has value? think again.

By: Susan

Susan — Fri, 14 Jan 2011 05:33:45 +0000

A great post, especially the number 3 one.

#3 Mortgage Lenders Have Really Tightened Standards

Most large financial institutions have responded to the mistakes of the past decade by really, really tightening mortgage standards.

They know people are waking up to this, and know they have to tighten the range. When people thinking changes so do businesses and their practices.

Alot of people think we are doomed, but there are still great ways to make money. Even while the economy is collapsing around us.

I subscribe to the guy from australia and his FFT economic newsletter at http://www.forecastfortomorrow.com that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) I found him from a friend last year, and he has some important work.

His oil calls are insane, and I have been making good money with them. He is well worth a look, if you want to keep two steps ahead of the sheeple out there.

I am worried about my financial future. Is anyone else nervous out there?