nobull

Apartment Vacancies Cause New Nightmare in U.S. Housing Collapse

serioualy...are you nuts? So someone put a gun to their heads to buy? Dont you have the decency or self-responsiblity to make sure you can afford what you buy? Give me a break.
"However, for those Americans looking to escape the economic slavery which banksters ..."

Boston Fed: We Don't Understand Foreclosures

Thx for the article.
Ofcourse, the govt operates for headlines and dramatic effect - sound logic, reason and ethics are secondary factors. And a socialist govt like this one will go to any lengths possible to spend public money to prove the govt is the answer.

NARcasting the Future of U.S. Housing Prices: July 2009

Besides being buffoons, the NAR is a monopoly - trying to kill competition any means possible.

Updated Case-Shiller 100 Year Real Estate Chart

Thanks for the chart. Someone should mail this to the NAR and their so-called ahem "economist".
For those doubting the projection, look at other peaks - things always revert to their mean.

NAR on Existing Home Sales and Low Ball Appraisals

"Here's the thing: IMO, The appraisers job is not to determine value--- that should be the buyers job! "
Thats ridiculous. We've already seen how stupid and easily misled (by realtors like you) buyers are. Otherwise we wouldnt have buyers paying those ridiculously overvalued prices the last few years of the housing bubble.
And given that these losers conveniently walk away when the investment go bad, its all the more important appraisers get oof their greedy quick buck mentality and do a credible job.

Why Some Homeowners Are Cheering the LIBOR

So when rates go down, PARTY!!! Rates go up, go whining to govt - its all banks fault!!!!

A Tale of Two Mortgages: What Have We Learned?

Isnt it all so easy for the borrower? Cant pay? Walk away. You lose, its on the bank. You gain, its yours. Wish I had that kind of deal with my stock purchases. And if thats not enough, slime like Sheila Bair want to bail them out with our money. Disgusting!

7 Reasons Why Housing Isn't a Good Investment Yet

The govt has promised to create or "save" (wink wink) 600K new jobs - esp those high paying summer jobs cleaning up parks. That should give a boost (rolling eyes).

Applying 'Googlenomics' to Autos, Housing to Set a Price Floor

I dont know what googlenomics is. But auctioning off a million different ad slots where prices may average out in your favor is different from a single person selling one house. He only cares about the price on that house - not the entire market. And by the way bigger developers do auction off houses and are doing a pretty good job of it - they end up drawing more buyers and getting better prices than otherwise. But it wouldnt work for single sellers - too risky.

Some Want More Government in Housing

well! actually suckers cant be choosers. All the suckers who voted for the great revolutionary O - and the Castro in a suit hasnt disappointed.

Brett Arends: More on Residential Real Estate's Real Returns

If the jokers in Fed and Treasury werent throwing away money and running up inflation, housing would knocked out cold as an investment. But its still in the game, although valuations have to be more reasonable to make it appealing.

Housing Data Indicates Bottom, Not Recovery

The only thing keeping prices where they are is the US govt - on the one hand they are stoking inflation forcing people to buy houses and other hard assets. On the other hand, its their meddling with foreclosures that's preventing it from finding a natural bottom. Many sellers still hopeful of a quick turnaround are setting their prices still relatively too high, and buyers are still reluctant to step in. The govt should get out of the way for housing to stabilize.

Brave Home Buyers and Other Consumers

why would you rush in to buy a 400K home for a measly 8000$ credit. There's so many other ways you could get screwed, esp with artificially inflated prices.

Consider the Company Tax Rate Before Investing

what about the govts new laws about taxing foreign profts?

Real Returns on Residential Real Estate

Im in the northeast and Im looking to buy but I must say prices still have ways to go down before it becomes attractive. There is plenty of inventory on the market. And while prcies be lower than the peak, theyre still unrealistic. There's the hope from sellers that govt programs will get this market turned around if they just wait it out. Until the govt stops meddling and lets prices find their natural bottom, the market will languish. Ill take my time.