patrick.net

Bank of America finds the housing recovery hard to believe

English your 2nd language??

bob2356 says

Personally I would prefer my elected representative to be someone knowledgable in the issues with a solid track record

lostand confused says

I am not talking about being President-which I think she is not ready. But as an American, she is a self made millionaire many times over, takes care of her kids and is not on welfare-which is a great achievement these days.

lostand confused says

She is just astute and knows how to milk her constituents-just like any good politician/entertainment personality.

She really did come on the scene as a total Washington outsider, with the naive Idealist view of politics. That made her dangerous to the status quoa in Washington. Her biggest mistake was not aligning her aligence with the throngs of fed up voters who thought they saw something in her, when she was attacked by the Liberal Media propaganda smear weapon. She was taken back the Liberal ridicule, the Republicans comforted her, and told her she better listen to them that only they could protect her. Now shut up and do and say exactly everything we tell you to do.

Had She told them, "Screw you, You do and say everything I tell you to do, I'm in charge now!" She would have had gained more votes, had she put some stones forth. Like the Teaparty say what you want about them, but they don't contort their message to fit the GOP's bidding.

She should have stayed Country strong, but instead she was trained to be a future female Karl Rove, an idiot behind the scenes sanctioning or not, what goes on in the GOP, or Washington, when they aren't even elected people to be wielding so much influence.
And that makes her even more dangerous to those of you, than the thought of her being a one term President.

She'll be around dictating the outcome of GOP choices for Presidents, and Congress for years to come. The Raw Sarah Palin stood to change the GOP, the manufactured Sarah Plain running about live on the scene now, is only there to insure it never changes.

concord inventory up 30% year over year, FACT
concord sales down 20% year over year, FACT

The majority of the Third house in Washington, has already repealed Obamacare.

The American Household.

"I posted a graph showing prices headed up in Concord."

lol hahahaha

this liar can't even contain his lies when everyone is looking.

Some people think it's their god given right to use slave labor for profit!

jazz music says

Mankind historically relies on the obstacle to tell him how much is "enough."

And both parties pretend it ain't so every year when that concept gets in their way. Slave labor and outsourcing, there are no real limits these days, so it keeps on growing.

"Actually you've been banned from the site numerous times for being a troll and you created "iwag" out of childish frustration."

lol ive never been banned from pat net. is that what you do, resort to lies when you get exposed?

do you remember back in the good old days when you were a new member of this website and Honest Abe used to kick your ass all over the forum. too bad that guy that got bored of the forum and doesnt post anymore because i loved reading him humiliate you over and over again.

he also posted listing prices not actual sold prices

i wonder why

"I never predicted a bottoming of inventory in Concord, however I did say that inventory was still declining in much of California"

listen to this asshole

now he wasn't talking about the real estate market where he's 100% invested in, he's talking about 'other markets' where he has no financial ties at all

lol

Iwag says

bay area home prices dropped year over year in august from 2012 to 2013 and that was with lower inventory and better mortgage rates

some liar is about to get exposed

Since you used Concord as your example, here are stats for Concord...
8/12 median sale $/sqft $198
8/12 median sale $290k

8/13 $/sqft $273 (38% YoY increase)
8/13 median sale $404k (39% YoY increase)
›

Han says

That's $150,000 in five years out of your pocket and into someone else's pocket,

Opposed to your realtor fees, mortgage interest, property tax, insurance, maintenance, lost investment growth from dead equity, etc. going out of your pocket to where? Yup, you guessed it, someone else's pocket.

Analyze both sides and then pick one. However, anyone saying renting is throwing money away and buying is saving all the money is not being truthful.

Call it Crazy says

jojo says

Where a new listing might have attracted 10 or 12 offers last spring, 3 or 4 are coming in now; where 3 or 4 offers would have arrived, the seller is getting 1.

Interesting... And this from Redfin:

According to Redfin Los Angeles agent Eric Tan, “This time last year, sellers could name their price and still get 20 to 30 offers. This year, even homes that are priced competitively are only seeing two to three offers come in, often at or below list price. Pricing appropriately is crucial.”

God is currently ignoring the need of Realtors to feed their families. After years and years of making sure they had the best, he is finally now turning his back. See what happens when you get greedy. Regular almonds wasn't enough, you had to go organic. Regular bread wasn't enough, you had to push for wheat germ free. Regular yogurt wasn't enough, you had to switch to Greek non-fat. Well now you need to switch back and actually suck it up and jump into the real work force. You know, the one where you actually have to contribute to society somehow. Not just get a cut of a simple sale event. God is not your friend anymore.

CaptainShuddup says

Vicente says

Who was this loser?

...Yeah, but juuuuuuuuussssssssssst barely.

If that accounts for anything.

Um...5 million votes and 126 EV is not "barely". That's a larger EV spread than Clinton trounced Dole with, and larger on both counts than anything Bush "won" with.

Largest vote totals ever, except for himself in 2008 (obviously population growth is a factor). Still, the largest vote tallies in history are Obama at #1, and #2.

CaptainShuddup says

Obama has been a one man "horror" show.

Because Congress signs off on anything that comes from the WH? Where do you get this stuff?

RentingForHalfTheCost says

Han says

That's $150,000 in five years out of your pocket and into someone else's pocket,

Opposed to your realtor fees, mortgage interest, property tax, insurance, maintenance, lost investment growth from dead equity, etc. going out of your pocket to where? Yup, you guessed it, someone else's pocket.

Analyze both sides and then pick one. However, anyone saying renting is throwing money away and buying is saving all the money is not being truthful.

Oh definitely - it is not always better to buy, as I said before. It depends on one's personal situation.

I was referring specifically to people here in SoCal who want a place to live in. These are the folks you will see in middle class SoCal neighborhoods looking for houses - if they can buy a 3/2 house with a mortgage payment of $1,900 a month, there is no way in hell they would choose to instead rent a similar place for $2,500 a month.

Unless, of course, they are here in SoCal temporarily and they think they will be moving back to wherever they came from...

Why would the Chinese invest in China when there's a perfectly sustainable bubble right here in the United States?

Iwag says

bay area home prices dropped year over year in august from 2012 to 2013 and that was with lower inventory and better mortgage rates

some liar is about to get exposed

Stats for the entire Bay Area:

8/12 median sale $410k
8/13 median sale $540k (31.7% YoY increase)

http://www.dqnews.com/Articles/2013/News/California/Bay-Area/RRBay130913.aspx

Prices way up in every single county.

i meant month over month

Two rich old crooks are not a special interest: they're the will of the people.

An example of an actual unfair influence is the middle class. Now that's what I call a special interest!

The Tea Party legislators in various states have only mostly passed abortion restrictions so far, with little in the way of freedom or lower spending.

But I'm sure there's no reason for alarm: they're working through their agenda alphabetically, and just need more time.

An oldie but goodie topic. The simple solution but one probably impossible to implement would be to make spending from outside groups or interest groups on politics illegal.

The irony of all of this is that its clear that the Tea Party is actually hurting the GOP and their message. They also have this effect of somehow promoting the most inappropriate candidates.

If I were to stick my toe out there I'd say that what will happen for 2016 is that while the GOP could have a very good chance in the running if they had Jeb Bush or Chris Christie- two more reasonable, at least somewhat moderate and intelligent politicians- the Tea Party will influence the party to pick some ridiculously conservative and outright unelectable politician and once more the GOP will have to concede defeat for the same reasons they lost in 08 and 12'

That Paragon link's author retracted his view that the market was slowing down in the March report (and now says the opposite is true).

The original report is from WSJ

http://online.wsj.com/news/articles/SB10001424052702303802104579455000745605352

This could interesting...

http://www.paragon-re.com/03_14_SF_Home_Market_Heats_Up_Again

"We recently speculated on tentative signs that suggested a further market normalization, but now the indicators are pointing in a different direction. The inventory of homes available to purchase on any given day is even lower than before last year's furious market; buyer demand has emerged from its midwinter hibernation like a hungry bear; and prices are under increasing pressure once again."

spydah_hh says

Incomes don't have anything to do with growth. I mean by that logic since incomes have stagnated for the last 40 years then you're saying we had no growth for the last 40 years. Good observation lol.

The point is, it doesn't matter that the dollar was 95% weaker, because people got ~6500% more of them while prices "only" rose ~2000%. That's a big fat gain - and most of those gains happened between 1938-1978, the high point of evil Big Gubermint New Deal Socialism.

The weakening dollar is a red herring, and even with PM-based currency, there is not enough gold in the world to back it up, so you'll have paper anyway.

The only difference is that the Gold and Silver will accrue to the top .5% and everybody else will have wholly or almost wholly, paper.

Regardless of whether or not these are staged or inside job incidents of terrorism.

It is clear and final that the government and big money private interests are using these incidents to create fear in the minds of the masses to submit to their agendas.

Multiple agendas such as banning the rights of bearing arms, excessive security check points within cities all across the US and slowly removing more constitutional rights to privacy under the guise of "safety" to introduce more tyranny and para-military police policies into the US.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety and will lose both." --BENJAMIN FRANKLIN, One of the Founding Fathers of the US.

CL says

Um...5 million votes and 126 EV is not "barely".

We're a big country, anything less than 60% is not a whopping crushing defeat in idealogy. 51%-59% represents a portion of voters who were dragged along with promises and are most the most likely to give a negative feedback in the first approval poll.

Obama one with like 54% or something like that.

A government which tells you what to eat, how to eat, when to eat, where to go, where not to go, what to do with your health, who to have intimate affairs with, forces you to formal schooling, tells your parents how to raise you, tells you how to raise your kids, determines when you are an adult and dictates what your beliefs and actions should be in all areas of life is not looking out for your best interests in mind. It is only looking out for it's own interests in mind at the expense of it's citizens. Power corrupts and absolute power absolutely corrupts.

Sounds like some Realtors are going to be feeling the sharp end of a Chinese meat cleaver.

Call it Crazy says

CaptainShuddup says

51%-59% represents a portion of voters who were dragged along with promises,and are most the most likely to give a negative feedback in the first approval poll

Which is why he is at like a 39% approval rating now....

Yeah the whole NSA thing is just horrible. My gripe is that on issues like NSA, free trade/globalization etc both parties are the same.

Now on social issues the repubs are too extreme-war on drugs , gays etc-to me you can't be a small gubmnt party and say you are going to use govt to arrest people who you think are doing disagreeable things.

But on men's issues, I wish the repubs would move forward. in terms of alimony and unreasonable child support, repubs don't even bring it up. Instead it is birth control and contraceptives and somehow harkening back to the 40s and 50s for gender roles. If they moderated a bit and took the mantle on alimony reform, cutting extreme child support and worked on getting the gubmnt out of every American home-they will have a lot more votes.

I just told this to my Chinese Co-worker day.

Here was the response.

Oh? Well Chinese banks aren't like US banks. They would never let a real estate crash happen.

Yep, there it is.

bgamall4 says

This same Bloomberg tried to tell us how much soda we could drink!

Personally, I don't drink soda because many harmful ingredients are placed inside it.

But I believe the government has no place to prevent anyone from drinking slow-killing poison if they understand it and do it with consent. They can drink as much as their heart's content.

Coca-Cola beverages are not safe to consume and by law they should be required to disclose all possible health effects of their drinks BUT the government has no right of authority to stop anyone from consuming and/or making it's sales illegal.

Same thing with brothels. They should all disclose to you the possible risk of what STDS you may catch for using their services and disclose what testing they have done on their sex workers but if they disclose it...

And you agree to use a hooker and the hooker agrees for a set price for whatever performance you agree too along with the risks mutually and for however long of a duration...

Than no crime has been committed and the government has no right to interfere.

The US is no longer a free country built upon a republic of liberty and freedom. It merely boasts and makes completely invalid claims of being so but does the opposite everyday for "your protection".

I know brothels are legal in NV but not federally and not in all states. Prostitution will land you in prison for a long time if done in a wrong area of the US which is the majority of areas.

They are many countries with brothels and sex work legal completely. Those countries are more built on liberty than the US.

In fact, in the early founding days of the US brothels were common place and so was prostitution. Sure it was frowned upon as not being respected but it was respected for being allowed since liberty was important and to prohibit it was a setting stage for tyranny to germinate out of that seed expand into completely respected activities in life by the majority of society as a whole within the nation.

PS. I have never utilized sexual services and do not plan to do so anytime soon. I am merely stating how by prohibiting it you are engaging in tyranny which is not American and not built upon the foundation of this country that was agreed upon. It therefore has no place for prohibition regardless of whether you respect it morally or not.

Your coworker is correct.

They figured out that if you need more money, you just print more or add a few zeroes to a bank balance.

It's really this simple. Why they never figured this out years ago is mystifying.

So the Chinese want their money back because prices dropped. LOL Would they have paid extra if prices had gone up?
Chinese are no different than Americans - they all want something for nothing.

Not to get off topic but on a similar note...

American women expect exchanges of value such as dinner, gifts and paying for entertainment on dates in return of their company, possible intercourse and affection.

Yet this is not banned as prostitution and the majority of these spoiled women would not date or have intercourse if you didn't pay for the expenses in full. Not even 50/50.

But if you directly gave a woman private federal reserve notes in the wrong area of the US for intercourse, affection and company... You would be thrown in jail for a long time.

And no "escorting" or "non-sexual company" defenses do not work in the corrupt legal court systems most of the times unless you have VERY deep pockets and very-well connected excellent 5-star lawyers who are also very good friends with the corrupt judge which only very wealthy individuals can afford.

People have been arrested and charged who hired escorts but had no intent for anything sexual or even discussed or remotely hinted even subtly for any sexual conduct of any kind. Yes they are cases like that.

bgamall4 says

But I agree there are too many fetters to liberty except that the banksters can have all the liberty they want.

Indeed. It's the truth. You not only have to be very wealthy but also very well-connected and tight with the system to avoid being declared wrongfully as a "criminal".

But being very wealthy sometimes does help a lot to either get completely off the hook or a reduced charge. However it is not a certainty if you are only very wealthy and not in bed with government and literally shadow royalty like bankers.

Money for nothing and the sticks for free.

The true liberty and freedom government's job is not being your nanny. That's the job of tyrannical governments which always ends ugly and very violent.

Freedom and personal liberty requires being not protected by someone else except yourself.

People rely completely on government police to protect them and where did that get many people?

Police many times only show up after the incident and to arrest not for justice as the disguise and veneer they like to show to the public.

But rather to profit the private prison corporations from jail sentences and cause an excuse for taxing the citizens more.

You need to be your own police which is why bearing arms was a right for this reason and MANY other reasons as well.