Radardoc

Radardoc
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  • Could Obama Speech Rebuild Homebuilders?  [View article]
    "will tweak borrower lending standards to enable more people to qualify for purchases"

    Hmmm, what was that AA definition of insanity...

    Tweaking lending standards is what got us here (to a large extent). Let's do it again to see what happens this time!
    Sep 2, 2011. 06:22 PM | Likes Like |Link to Comment
  • Why Housing Prices Won't Go Lower  [View article]
    C'mon guys, lighten up on CBP. Eventually he will be right.

    Just keep clicking the heels on those ruby slippers and say, "there's no place like bubble, there's no place like bubble..."
    Jul 28, 2011. 07:38 PM | Likes Like |Link to Comment
  • Home Prices May Be Closer to Stabilizing  [View article]
    Yep, we are one month closer to stability...

    That's true wether we stabilize tomorrow or 2023...
    Jun 28, 2011. 08:24 PM | Likes Like |Link to Comment
  • Bernanke and Cantor: Take Distressed Sales Out of Real Estate Comps  [View article]
    Wishing that distressed sales were not happening does not make it so. Ignoring the realities of the market is fantasy land.

    We need less fantasy and more reality.
    Jun 23, 2011. 03:06 PM | 9 Likes Like |Link to Comment
  • Housing Indicators Show Lower Seasonal Peak  [View article]
    I'm not sure I agree with your assertion that the "market" and the "financial system" are separate, unattached entities. It is a closely linked symbiotic relationship. What is a threat to one is a threat to the other.
    Jun 23, 2011. 02:56 PM | Likes Like |Link to Comment
  • Bill Frezza finds California's proposed rule that would fine automakers $5,000 per vehicle if at least 5.5% of the new cars they sell in the state aren't electric "so astonishing you have to wonder whether the destruction of an entire industry is its actual intent."   [View news story]
    In reply to:
    "In all seriousness though, California can not afford to start making up ridiculous laws and hurting business there."

    The word "start" is misplaced. California has been on a slow self destruct program for years. I watch in horror as, year after year, the same morons are re-elected to office and the masses pass ballot measures one after the other that run the state debt higher and higer. Then in unison, they all chant "tax the rich, we want more..."

    Someone once said "As goes California, there goes the country."

    God help the Country.
    Jun 21, 2011. 01:29 PM | 2 Likes Like |Link to Comment
  • Bill Frezza finds California's proposed rule that would fine automakers $5,000 per vehicle if at least 5.5% of the new cars they sell in the state aren't electric "so astonishing you have to wonder whether the destruction of an entire industry is its actual intent."   [View news story]
    As a Cali resident, I offer the following:

    We already have
    Jun 21, 2011. 01:19 PM | 3 Likes Like |Link to Comment
  • Bill Frezza finds California's proposed rule that would fine automakers $5,000 per vehicle if at least 5.5% of the new cars they sell in the state aren't electric "so astonishing you have to wonder whether the destruction of an entire industry is its actual intent."   [View news story]
    Only if you believe in Capitalism and free markets. This is destruction by design.
    Jun 20, 2011. 06:07 PM | 5 Likes Like |Link to Comment
  • Homebuilder Confidence Backtracks  [View article]
    It only sounds draconian if you are saying homebuilders should be prevented from building. If the market is allowed to work (no govt incentives OR disincentives), construction will stop when market forces say they will stop. We're getting close to that point...
    Jun 15, 2011. 07:58 PM | Likes Like |Link to Comment
  • "Factually insolvent," says Jim Grant of the ECB, whose purchases of highly questionable Greek debt is 150X the bank's capital. "The looming threat in European monetary affairs is the financial integrity of the central bank itself," says Grant.   [View news story]
    It seems pretty goofy to buy Greek debt
    Jun 9, 2011. 03:17 PM | Likes Like |Link to Comment
  • Housing: Still Soft but Probably Not a Double-Dip  [View article]
    Darn I miss that thumbs down button...
    May 31, 2011. 06:55 PM | 6 Likes Like |Link to Comment
  • How Far Will Home Prices Fall?  [View article]
    If you bought in 2001 for $365K, I'm hard pressed to believe the same home is "selling" for $620K. They may be listed for 620K, but selling?

    Look at the chart in the article. We are virtually at the same point as the early 2000's. Thats nation-wide, not here in the epicenter of the collapse.

    The housing bubble is burst, know it's time to burst the bubble of your home value expectations. Your location MAY be a freak of georaphy/economics, but I'm calling BS.
    May 18, 2011. 02:55 PM | 3 Likes Like |Link to Comment
  • Pending Home Sales Signaling Growth  [View article]
    NAR = Never Anything Reliable
    Apr 29, 2011. 06:29 PM | 1 Like Like |Link to Comment
  • Housing: Waiting for the Rebound  [View article]
    Why does every one continue to bag on CBP? Everything in life follows it's nature...The wind will blow, fire is hot, ice is cold, and CBP will continue to hope against all hope and grasp at straws...
    Apr 20, 2011. 02:45 PM | 3 Likes Like |Link to Comment
  • Bamboozled by the Media on Housing  [View article]
    I'll have some of whatever he's having...
    Jan 13, 2011. 07:27 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
190 Comments
478 Likes