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today's news ...


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2011 Feb 28, 2:17am   4,514 views  8 comments

by pkowen   ➕follow (0)   💰tip   ignore  

I've started my own Google news search, "Housing Market". Here's today's top four headlines -

Shadow inventory still depressing the housing market: NAR

Pessimism revealed on US housing market

Pending Home Sales Cast Doubt on Housing Recovery

Global Housing Market Slows, Recovery Falls Off Track

I am sure this is proof to some on this board that housing is going Up! Up! Up! Since whenever "everyone" says it's going down, it must be going up (I actually get that logic - but not when it's in the face of fundamentals).

#housing

Comments 1 - 8 of 8        Search these comments

1   Schizlor   2011 Feb 28, 2:43am  

Doom-and-Gloomer!

2   anonymous   2011 Feb 28, 3:06am  

there is also this...

http://finance.yahoo.com/tech-ticker/warren-buffett-is-bullish-...-on-housing-%22he's-putting-his-money-where-his-mouth-is%22-535970.html;_ylt=AlTfJ3rPfr46imDyhQY5cda7YWsA;_ylu=X3oDMTE1dWJjN24wBHBvcwMzBHNlYwN0ZWNoVGlja2VyBHNsawN3YXJyZW5idWZmZXQ-?tickers=BRK-A,BRK-B,XHB,GS,WFC,KO,%5EDJI

3   anonymous   2011 Feb 28, 3:08am  

you have to paste the whole link into your browser..

4   pkowen   2011 Feb 28, 4:54am  

I'm talking fundamentals like can the people who want to live in the area afford to pay the asking prices without neg-am (etc.) loans.

5   jdpr   2011 Feb 28, 7:46am  

why are the picking on her? aren't there MILLIONS more like her - we don't have enough prisons..

http://latimesblogs.latimes.com/lanow/2011/02/woodland-hills-woman-pleads-guilty-to-mortgage-fraud-scheme.html

6   bubblesitter   2011 Feb 28, 7:48am  

E-man says

However, you can sell these for a nice gain once the HOA deliquency issue is cured.

What if the deliquency issue worsens?

7   Patrick   2011 Feb 28, 9:24am  

E-man says

If it makes more financial sense to own than rent, buy. If it’s more expensive to own, then rent & keep the net difference. There is no point in arguing back & forth. This is what this website is all about :)

I think there is a point in arguing back & forth. Financially dumb decisions of other people hurt all of us by making housing more expensive, crashing the economy, adding to our taxes, and provoking the Federal Reserve to inflate much faster than they usually do.

It's a mission. Explaining the housing scam saves people money, and has good effects for the public too.

8   Cvoc13   2011 Feb 28, 10:51am  

last chance to hear and see this HarryDent http://hsdent.com/replay/index.html

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