Comments on: Record Low New Home Sales In 2011

By: none

none — Thu, 31 Jan 2013 06:54:00 +0000

What happened with the housing crash?!

By: Kenuck

Kenuck — Mon, 12 Mar 2012 20:45:47 +0000

Do what I did..take ’bout 20,000US,get some lumber and build your own..screw the loan ************.

By: Terry

Terry — Sat, 11 Feb 2012 11:03:04 +0000

Re:
“Five or six years ago, if you were breathing you could get a home loan.

Even the family dog could get a home loan.”

Where did you get this silly idea? Many Americans couldn’t get a home loan five or six years ago.

Five years ago, a mortgage telemarketer claimed I could get a home loan. So I applied and proved him wrong.

Burger flippers don’t get home loans in any economy or any lending environment.

By: Anunturi imobiliare

Anunturi imobiliare — Sun, 06 Nov 2011 16:25:10 +0000

spain and italy downgraded… what`s next? how to make our investments safe?

By: Dennis The Menance

Dennis The Menance — Sun, 06 Nov 2011 04:28:01 +0000

The real estate business does not seem to have caught its breath’ It seem to be gasping for air. All the hupla years and years ago about being in the housing market was the best thing that could ever happen to you. I can can picture the young real estate agent’ the banker waiting for the buyer to sign on the doted line chuckling when someone suggested that real estate could maybe not be the greatest investment in the world. So over confident that you could smell it in the room.

By: Craigo

Craigo — Sun, 30 Oct 2011 01:31:01 +0000

Thanks for your post, Gary2. As a saint, I have to say that I agree with some of what you wrote, but for some reason you certainly have limited knowlege of what “poor” means. Fiscally poor is only one group. You have to gain context every time you read in order to determine which class of poor is being discussed. In the case of Luke 4:18, the poor are those who do not yet have the good news.

By: Carl Campbell

Carl Campbell — Wed, 12 Oct 2011 22:48:50 +0000

Reed, I really wish it was just a “slow down of new home sales” and that all that is needed is for the market to “shake itself out”. That would really be nice. The reality is that a lid is being kept on the fact that the residential home industry has been totally torched beyond recognition. It was hit by napalm! The shaking out is more accuratly an 8.3 earthquake. Just think Reed forclosed homes and short sales are being sold for much less than the basic cost of land, permits, plans, fees, materials and labor to build a house! What does that tell you about any future for housing and to be able to sell your house?

By: Carl Campbell

Carl Campbell — Wed, 12 Oct 2011 22:36:46 +0000

Hi Hank, I must be a “dumb analyst too. I don’t know what “LMAO” is. The real rapists are those that allowed and particpated in the absolute destruction of a viable and important industry like providing homes for Americans. It only took a couple of short years to plan and to execute the crime. These rapist left homeowners with all their clothes removed (30%-70% loss of value across the boards. These rapes also destroyed the other legitmate consruction related busineses ie. Trades, Materials providers and handlers, Home improvement people, Real estate services, Architects, equipment providers ect.ect. An ungodly Real estate “bubble” was created that put up many years worth of new house inventory and a very short time!

By: Carl Campbell

Carl Campbell — Wed, 12 Oct 2011 22:16:20 +0000

Yes Mike, I too am quite impressed with the very knowledgeable and insightful people who post here. It is refreshing. Who are you guys, anyway? I just wish you guys (and me too) could have helped to evert this grim catastrophy. In retrospect it seems, for years conservatives have been putting good energy into promoting and supporting the so called “Republicans”. Big deal huh? We have been railing about a miriad of issues, while Democrats and Republicans have set Rome on fire.

By: 420 Productionz

420 Productionz — Sun, 02 Oct 2011 18:12:43 +0000

Hi, this new 12 minute documentary on the housing market goes great with this acticle:
http://www.youtube.com/watch?v=ZUMwVDH3o-I