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Thread: Existing Home Sales

  1. #31
    Moderator HayJenn's Avatar
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    Quote Originally Posted by Miller47 View Post
    Bubble, cycle, correction... whatever you want to call it.

    There's ALWAYS a bubble about to burst.

    How long till it goes KA-BOOM?

    And how big will the crash be?

    Those are always the questions.

    The so called "experts" were saying it was about to blow since well before Trump won the election.

    It'll happen and no one knows when.

    Next week, next year...?

    The only thing for sure is it's coming.
    IF the protections of the Dodd/Frank bill are preserved, the housing market will never crash as badly as it did during the recession.

  2. #32
    Veteran Member Panzareta's Avatar
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    Quote Originally Posted by Miller47 View Post
    You first.

    Let's see it.
    If you don't have any all you have to do is say so. Why so defensive, bro?

  3. #33
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    Quote Originally Posted by HayJenn View Post
    Why would I be upset that housing market is doing well - it's been doing well for the last 3/4 years. That means my husband's company is doing well. - Even says so in the link you didn't post

    November’s price increase marks the 69th straight month of year-over-year gains.

    250K would be considered a starter home in many areas. If you can actually find something at that price point in many areas.

    The article you didn't bother to link to even says



    So again, the housing market is great right now if you have a lot of money - not so much if you don't.

    My husbands company is going to start building some more "affordable" home with a partner in the near future - I think that's a great idea (again in CA) and I suspect because of shortage of such kinds of housing - that it's going to sell out quickly.

    I don't know what the price's of the homes in my neighborhood have to do with the topic btw.

    With a streak of over 69 months of increases, again seems like it's more that MM is benefiting from more for what he was left, rather than what he "created".
    If you would read post #1 you would see that the average price for the ENTIRE COUNTRY is $248,800.

    The AVERAGE price.

    For the country.

    Got it?

  4. #34
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    Quote Originally Posted by HayJenn View Post
    IF the protections of the Dodd/Frank bill are preserved, the housing market will never crash as badly as it did during the recession.
    I bet you also predicted Hillary would win the election.

    Predictions are like A-Holes...everyones got one and lots of them stink.

  5. #35
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    Quote Originally Posted by Panzareta View Post
    If you don't have any all you have to do is say so. Why so defensive, bro?
    But, you keep taking the bait...

  6. #36
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    Certain markets are positively awash with investor/developer money, lots and lots of foreign money. In areas where the market is driven more by what you might normally expect-- people looking for a place to live --the values are still down. Down below where they were in 2002, 2003, 2004.

    The market has been picking up for a few years, though. Prices, not up consistently that I have seen, but volume has crept up slowly. One thing that never stops around here, a steady trickle of foreclosures on the market. Houses that have been sitting conspicuously empty for months or even years eventually are rotated into the market at a cut rate. Several realtors have used such properties in their "comps" when presenting to me. They may represent the incompetent realtors, but they impact the market, unfortunately.

    I'd say anyone who starts such a blatantly pro-Rush Limbaugh pile of shit thread must be carrying the water for people who don't want us to recognize that the middle class is largely immobilized, people cannot afford to move and do not unless they have to, and most people are still crippled by the shenanigans in the market back in the 2000's.

  7. #37
    Moderator HayJenn's Avatar
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    Quote Originally Posted by Miller47 View Post
    If you would read post #1 you would see that the average price for the ENTIRE COUNTRY is $248,800.

    The AVERAGE price.

    For the country.

    Got it?
    You do understand what the word median is right?

    Regardless if the median price is 248K - subdued level of first-time buyers

  8. #38
    Moderator HayJenn's Avatar
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    Quote Originally Posted by Miller47 View Post
    I bet you also predicted Hillary would win the election.

    Predictions are like A-Holes...everyones got one and lots of them stink.
    This post makes zero sense.

    Do you even know what the Dodd/Frank bill is?
    Thanks from johnflesh

  9. #39
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by Miller47 View Post
    And if the housing market continues to do well, as it is now, your home should continue to increase in value.

    Of course, some people seem to think a good housing market is a terrible thing for America.

    Haters gonna hate...
    I'm not certain who you are actually responding to because the post you quoted has nothing to do with hate. But whatever, I'm not going to try to figure you out.

  10. #40
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by HayJenn View Post
    This post makes zero sense.

    Do you even know what the Dodd/Frank bill is?
    He is more and more a one track mind where you kind of have to read into what he is saying to translate it.

    For instance my point about a raised PMI based on possible cronyism was considered hate.

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