Robespierre

September's S&P / Case-Shiller Shows Continued but Considerably Weaker Bounce

I'm willing to bet a very much worthless dollar that the drop on house prices will look much much worst when priced in terms of say gold for instance. Is there such graph anywhere?

Elizabeth Warren Highlights Washington's Losing Housing Battle

To say that this was done as a way for main street to afford a house is ignorance to the max. Look at who was pushing for de-regulation and you will see why all these "affordable housing" programs were created for. Also, look at who benefits the most by all these remedial "save the home" programs. Also, look at who is having "record earnings" to see who is benefiting the most of. Also, look at who bought the most congressmen in the financial committees. The answer to all of those questions is: The to big to fail CEOs.


On Oct 11 08:45 AM Tack wrote:

> Davidbdc:
>
> You're right on the money.
>
> Washington liberals encouraged, legislated and provided the means
> for vast lending to unqualified buyers, all in its usual vote-getting
> shenanigans. Now, that it's become clear that they inadvertently
> screwed those very same voters by inducing them to buy homes they
> had no genuine ability to afford, the politicians have to cobble
> together a huge giveaway program (funded by the prudent, of course)
> to try to save the very same voting block they duped the first time
> around.

Case Shiller Index Has First Monthly Increase Since 2006

So they went up NSA by %0.5 and you are optimistic. So here is what I think: They went up ONLY %0.5 after not being SA, after $8000 (Fed) and $10,000 (CA). Take that all away (and you will eventually) and the buyers are buying way too soon and paying way too much


On Jul 28 04:36 PM Houston wrote:

> Schweizer
>
> That's not how case schiller works. Its not the same as a median
> price increase that the NAR would put out.
>
> Bob
>
> For 34 months (3 years) prices have tanked, seasonally adjusted or
> not. This is the first up tick...aided by the season, but the first
> uptick nonetheless...and places like Phoenix don't have the same
> seasonal fluctuations because of snowbirds and summer heat.
>
> Whether this uptick was caused by an ugly red headed stepchild, Merlin
> the Magician, or Jumping Jack Flash, it stands as the first levelling
> off of a reasonably reliable index that has raced downhill for three
> years.