Why It's a "Fake" Housing recovery...

By Bubbabeefcake   follow   Mon, 14 Jan 2013, 4:53am PST   ↑ Like   ↓ Dislike   1,210 views   3 comments   Watch (0)   Share   Quote  

http://www.profitconfidential.com/real-estate-market/why-its-a-fake-housing-market-recovery/

The National Association of Realtors (NAR) expects average existing home prices in 2013 to be around $185,800, with an increase to $193,600 by the end of 2014. (Source: National Association of Realtors, January 2013.

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Mark D   befriend (0)   ignore (1)   Mon, 14 Jan 2013, 5:18am PST   Like   Dislike     Share   Quote   Comment 1

i guess 2006 was also a "fake" bubble.

fedwatcher   befriend (0)   ignore (1)   Thu, 17 Jan 2013, 1:42pm PST   Like   Dislike     Share   Quote   Comment 2

This is just a "tease" to get you to buy his newsletter. All newsletter writers know that only a small percentage demand their money back during the "guarantee" period.

He was far from being the only one to alert his readers from the turning points he used in this ad. Many did, and anyone who saw the warning from Bear Stearns in March of 2007 knew the jig was up.

I got out by just reading public information. I did not need him or any other newsletter writer to warn me.

Educate yourself rather than relying on pundits.

Bubbabeefcake   befriend (8)   ignore (4)   Thu, 17 Jan 2013, 10:56pm PST   Like (1)   Dislike     Share   Quote   Comment 3

fedwatcher says

Educate yourself rather than relying on pundits.

In that case I wouln't advise you to read this newsletter either...I just can't bare to live under such scrutiny , it's most certainly the bane of my existence
http://catosdomain.com/?p=12603

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