tag:blogger.com,1999:blog-18675105.post116687446465474376..comments2024-01-15T12:16:41.302+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: HousingPanic Stupid Question of the Daybloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-18675105.post-1167361553589566612006-12-29T03:05:00.001+00:002006-12-29T03:05:00.001+00:00I predict nuclear 9/11.I predict nuclear 9/11.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167361539170881562006-12-29T03:05:00.000+00:002006-12-29T03:05:00.000+00:00I predict that a man will land on Uranus in 2007! ...I predict that a man will land on Uranus in 2007! <BR/><BR/>I don't know if he will penetrate the "bumvent horizon" though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167158981982113172006-12-26T18:49:00.000+00:002006-12-26T18:49:00.000+00:00Housing: Foreclosure rates, unsold inventory, and ...Housing: Foreclosure rates, unsold inventory, and time on the market for resellers will continue to remain high, in some areas much worse than others.<BR/><BR/>Iraq: Politicians will continue to muck around in the quagmire. Public discussions of a return of the draft will increase.<BR/><BR/>Gas Prices: No one has been paying much attention to diesel fuel prices, but that will change rapidly as soon as everyone sees the price of everything that has to ride in a truck increase dramatically. Bricks, lumber, and sheetrock ride in a truck. What effect do you think this fact will have on building costs once the inflated inventory of unsold homes has been deflated?<BR/><BR/>Wall Street: A lot of those bulls are going to get tripped up in their rally run.<BR/><BR/>Election '08: Obama Pajamas will continue to gain fame, but not all of it will be good. Voters will increasingly wise up to the experience of Gore and Edwards, as well as to Hillary's baggage, as 2007 progresses. McCain and Giuliani will hope this is not true. (See link below.)<BR/><BR/>Britney will find her panties before too many parents of teenage girls begin using her CD's as Frisbees.<BR/><BR/>http://SuckTheBoob.blogspot.com<BR/><BR/> <A HREF="http://sucktheboob.blogspot.org" REL="nofollow">Suck The Boob</A>Floyd M. Orrhttps://www.blogger.com/profile/07328513361518450633noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167079991497837762006-12-25T20:53:00.000+00:002006-12-25T20:53:00.000+00:00RETARDS:THERE IS NO ELECTION IN 2007I REPEATTHERE ...RETARDS:<BR/><BR/>THERE IS NO ELECTION IN 2007<BR/><BR/>I REPEAT<BR/><BR/>THERE IS NO ELECTION IN 2007Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167018965809878402006-12-25T03:56:00.000+00:002006-12-25T03:56:00.000+00:00No "reported" recession in '07, although recession...No "reported" recession in '07, although recessionary conditions will emerge and persist. <BR/><BR/>Housing bust continues with foreclosures, vacant listings, and bank loan charge-offs soaring. <BR/><BR/>15-20% decline for the S&P 500 (-25% max.).<BR/><BR/>20-30% correction for the NASDAQ (-40% max.). <BR/><BR/>Mfg. and non-mfg. PMI data below 50 throughout the year. <BR/><BR/>Industrial production contracts yoy. <BR/><BR/>U rate at 5-6%. <BR/><BR/>The 10-year Treasury yield dips below 4% to perhaps as low as 3.25-3.5%. <BR/><BR/>30-year fixed-rate mortgage rate dips to the low 5% range. <BR/><BR/>Gold falls to near or below $500. <BR/><BR/>The US$ Index surprises to the upside, perhaps to as high as 90-95. <BR/><BR/>China and Japan experiences bear markets, and China experiences the first phase of a hard landing and bank failures. Asian Crisis II occurs with hot money outflows from Asia.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167006467568032432006-12-25T00:27:00.000+00:002006-12-25T00:27:00.000+00:00nah let's go back to 1993 when the 1st WTC attack ...nah let's go back to 1993 when the 1st WTC attack occured. Or maybe 1983 when 250+ Marines were killed on Beirut. No? How about 2000 when 17 Navy men/women were killed on the USS Cole or 1998 when Khobar towers were blown up.<BR/><BR/>No wait I forgto all members of the peaceful religion loved us up until Bush took office. Never mind.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1167000790947373362006-12-24T22:53:00.000+00:002006-12-24T22:53:00.000+00:00Maybe we can get back to the harmoniuous days of e...Maybe we can get back to the harmoniuous days of early 2001 before the nazi Bush gave the order for 9/11. You know back to when - as John Kerry said - terrorism was merely a nuisance.<BR/><BR/>Boy oh boy, I can'twait for the good times to return.<BR/><BR/>"The world will be closer together then ever before. "Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166991309477207462006-12-24T20:15:00.000+00:002006-12-24T20:15:00.000+00:00I'll sooner or later sell 1 round of ammo for 1 oz...I'll sooner or later sell 1 round of ammo for 1 oz. silver, or 10 rounds for 1 oz. gold. Gold is in a bubble right now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166969395747938932006-12-24T14:09:00.000+00:002006-12-24T14:09:00.000+00:00A year that along with all the stuff mention above...A year that along with all the stuff mention above, will help us ask ourselves -the ultimate question.<BR/><BR/><BR/>Are we an Empire or a Democratic Republic?. If we are an Empire, do we acknowledge that we are no longer a Democratic Republic? & we have transitioned (pick your moment) with a Lex Garbinia like event to an Empire -just like the Roman Republic became the Roman Empire.<BR/>Are we willing to let go of the Empire driven by military Keynesianism best described & foreshadow by Dwight Eisenhower in his last presidential speech with reference to the Military Industrial Complex, just like England did thru the 50's.? Understanding that at least 50% of Englands willingess to let go of its colonies was based on financial bankruptcy, and the other 50% the real understanding that they would have to lose their democracy, andbecome totalitarians to hold on to their empire.<BR/><BR/>Tick tock, tick tock -the clock is ticking away- Choose your pill Empire or Democratic Republic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166959822266349812006-12-24T11:30:00.000+00:002006-12-24T11:30:00.000+00:00Prediction:FINANCIAL SCANDAL - ( "People love it. ...Prediction:<BR/><BR/>FINANCIAL SCANDAL - ( "People love it. Its like the smell of your own sh&t" quote from - "Accidental Death of An Anarchist" - by Dario Fo - c198x)<BR/><BR/>A Private Equity Deal will not complete. Some months later, the PE firm will collapse. As rats leave the sinking ship we'll find out:<BR/>1. The rapid deal after deal style of the PE was really a Ponzi scheme - paying off debt of earlier deals with the capital raised for the new deals. When that final deal fails, one of their owned companies defaults on a debt payment.. The rest unravels.<BR/>2. Brokers will be found to be placing PE debt in mutual funds and pension funds of municipalities, teachers etc via corrupt means - bungs will have be passed out.<BR/><BR/>On the totally wild side:<BR/>1. The Cramer show - Someone will be found to be stepping ahead of his TV show predictions. A market turn will be the trigger for this all to come out. I really hope I'm wrong on this - I like the guy - BUT.... odds are: scallywags like him never really reform. The show comes off the air - Coming off the air because of a ratings loss simply because of a market crash doesn't count.<BR/><BR/>-KAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166951439580278362006-12-24T09:10:00.000+00:002006-12-24T09:10:00.000+00:002007 will be an incredibly optimisitc year. The t...2007 will be an incredibly optimisitc year. <BR/><BR/>The true start of a great new century.<BR/><BR/>The evil nationalist nazi's of the Bush adminstration trying to stop the rise of the 3rd world countries is being squashed by the songs of freedom and a great new century will begin.<BR/><BR/>The world will be closer together then ever before. People in places such as the USA and Britian may find it a little tougher to make the BMW payments, but that is about it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166950803564533442006-12-24T09:00:00.000+00:002006-12-24T09:00:00.000+00:00Housing: Down 10%+ nationwideWars: Middle East esc...Housing: Down 10%+ nationwide<BR/><BR/>Wars: Middle East escalates<BR/><BR/>Greenback: Lower <BR/><BR/>Economy: Middle class on a path to extinction<BR/><BR/>Stocks: Lower due to slowing economy/earnings<BR/><BR/>Bonds: Depends on buying from China<BR/><BR/>Gold: Money changers can only hold it down for so long<BR/><BR/>US Election: It's not until '08<BR/><BR/>Britney: Oops she did it a againAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166948738839099542006-12-24T08:25:00.001+00:002006-12-24T08:25:00.001+00:00"Britney Spears Britney embarks on a PR campaign t..."Britney Spears Britney embarks on a PR campaign to clean her image up."<BR/><BR/>Who?<BR/><BR/>War with terror spreads to Africa and South America. Mexican border becomes a bigger problem. Dollar continues down as oil producing nations switch into Euro trading. Legislation for military draft and compulsory service begun. Pro sport TV revenue drops as public gets sick of watching pampered jerks who make a 1000 lifetimes salary for playing kiddie games.<BR/>Church attendance increases.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166948738297876122006-12-24T08:25:00.000+00:002006-12-24T08:25:00.000+00:00"Britney Spears Britney embarks on a PR campaign t..."Britney Spears Britney embarks on a PR campaign to clean her image up."<BR/><BR/>Who?<BR/><BR/>War with terror spreads to Africa and South America. Mexican border becomes a bigger problem. Dollar continues down as oil producing nations switch into Euro trading. Legislation for military draft and compulsory service begun. Pro sport TV revenue drops as public gets sick of watching pampered jerks who make a 1000 lifetimes salary for playing kiddie games.<BR/>Church attendance increases.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166944084476443982006-12-24T07:08:00.000+00:002006-12-24T07:08:00.000+00:00Rather than a chemical or biological weapon killin...Rather than a chemical or biological weapon killing off all the people yet leaving everything else intact, a financial wmd in the form of a derivative market blowup will take down US banks and inflate the dollar to oblivion. Not only will the financial wmd leave everything else intact, people will still be alive, leaving them to survive in a culture of mass chaos.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166935700093439682006-12-24T04:48:00.000+00:002006-12-24T04:48:00.000+00:00The Fed will continue flooding the economy with ea...The Fed will continue flooding the economy with easy money, gold will go up, the dollar will loose more value, housing will continue to tank, unemployment will rise, consumer spending will decrease, we will have a long period of stagflation!!<BR/>==============<BR/>That is what I am talkin about.<BR/><BR/>Oh and interest rates; hold or down middle of 07, imo.FlyingMonkeyWarriorhttps://www.blogger.com/profile/01770643973751363527noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166932188907439072006-12-24T03:49:00.001+00:002006-12-24T03:49:00.001+00:00Quatrain 2007: The great housing of the West and N...Quatrain 2007: The great housing of the West and North East will go South with the houses of the South.Nostradamushttps://www.blogger.com/profile/18055905789414809962noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166932166419989792006-12-24T03:49:00.000+00:002006-12-24T03:49:00.000+00:00Quatrain 2007: The great housing of the West and N...Quatrain 2007: The great housing of the West and North East will go South with the houses of the South.Nostradamushttps://www.blogger.com/profile/18055905789414809962noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166926052153564582006-12-24T02:07:00.000+00:002006-12-24T02:07:00.000+00:00"Three Florida metro areas were hit hard by price ..."<I>Three Florida metro areas were hit hard by price drops. In Sarasota, the median home now sells for $320,700, off a whopping 9.4 percent from last year; Palm Bay/Melbourne/Titusville prices sank 9 percent to $193,600; and Cape Coral prices plunged 8 percent to $255,400.</I>"<BR/><BR/>Looks like you quoted from here<BR/><BR/>http://money.cnn.com/2006/11/20/real_estate/summer_house_prices_cool/index.htm<BR/><BR/>Which is nothing but NAR's Q3 Report. <BR/><BR/>Jul-Sep data is old news now. <BR/><BR/>Even the Oct data will be out dated with November numbers coming out next week.<BR/><BR/>A few more markets could join the 20% drop, while you are vacationing in Mexico.<BR/><BR/>Happy Holidays!!Vegahttps://www.blogger.com/profile/06408158759554932561noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166923254449536682006-12-24T01:20:00.000+00:002006-12-24T01:20:00.000+00:00"Yeah I know the blog without sources is to be bel...<I>"Yeah I know the blog without sources is to be believed</I>"<BR/><BR/>That data comes from none other but Florida Association of Realtors.<BR/><BR/>http://media.living.net/statistics/statisticsfull.htm<BR/><BR/>You prefer manufacturing your own numbers.Vegahttps://www.blogger.com/profile/06408158759554932561noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166919529285163612006-12-24T00:18:00.000+00:002006-12-24T00:18:00.000+00:00see you in the new year paranoid boys and girls......see you in the new year paranoid boys and girls...I'm off to Mexico for the holidays <BR/><BR/>better go buy some more gold, you never know China might dump another gajillion next week, I heard that rumor on Rense's show <BR/><BR/>Adios!!Bubble Shmubblehttps://www.blogger.com/profile/10178406353014545028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166919393694580982006-12-24T00:16:00.000+00:002006-12-24T00:16:00.000+00:00"Sarasota is down 76K (21%), to 277K in Oct from a..."Sarasota is down 76K (21%), to 277K in Oct from a Jan 06 peak of 353K.<BR/>Naples is down 91K (18%) , to 420K in Oct from Jan 06 peak of 511K.<BR/>Fort Myers is down 73K (22%), to 249K from Dec 05 peak of 322K."<BR/><BR/> VS<BR/><BR/>"Three Florida metro areas were hit hard by price drops. In Sarasota, the median home now sells for $320,700, off a whopping 9.4 percent from last year; Palm Bay/Melbourne/Titusville prices sank 9 percent to $193,600; and Cape Coral prices plunged 8 percent to $255,400."<BR/><BR/><BR/>some blog with no sources<BR/><BR/> VS<BR/><BR/>CNN.COM<BR/><BR/><BR/>Yeah I know the blog without sources is to be believedBubble Shmubblehttps://www.blogger.com/profile/10178406353014545028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166918928772048242006-12-24T00:08:00.000+00:002006-12-24T00:08:00.000+00:00Data from realtors is meaningless to me. If there ...Data from realtors is meaningless to me. If there is one thing I have learnd on HP is that anything the NAR or a realtor says is a lie.Bubble Shmubblehttps://www.blogger.com/profile/10178406353014545028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166918716816936812006-12-24T00:05:00.000+00:002006-12-24T00:05:00.000+00:00Care to provide any data?I didn't realize the new ...Care to provide any data?<BR/><BR/>I didn't realize the new metric to prove a crash is now "factoring in bs realtor fees", but if you insist, please provide data showing a 20% drop for these "several markets".<BR/><BR/><BR/>"When bs realtor fees are factored in, several markets have already sunk 20% or more. Housing is garbage as are realtors, this downward cycle has a minimum of 5 more years based on history, not some stupid opinion from a RE retard."Bubble Shmubblehttps://www.blogger.com/profile/10178406353014545028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1166914070475057142006-12-23T22:47:00.000+00:002006-12-23T22:47:00.000+00:00One giant leap closer to $8.00 gas.Security Counci...One giant leap closer to $8.00 gas.<BR/><BR/>Security Council approves Iran sanctions 19 minutes ago<BR/><BR/>http://news. yahoo.com/ s/ap/20061223/ ap_on_re_ mi_ea/un_ iran_nuclear<BR/><BR/>The U.N. Security Council unanimously approved a resolution Saturday <BR/>imposing sanctions against Iran for refusing to suspend uranium <BR/>enrichment, culminating two months of negotiations aimed at <BR/>pressuring Tehran to clarify its nuclear ambitions.<BR/><BR/>The resolution orders all countries to ban the supply of specified <BR/>materials and technology that could contribute to Iran's nuclear and <BR/>missile programs. It also imposes an asset freeze on key companies <BR/>and people in the country's nuclear and missile programs named on a <BR/>U.N. list.<BR/><BR/>If Iran refuses to comply, the resolution warns Iran that the council <BR/>will adopt further nonmilitary sanctions.Roccmanhttps://www.blogger.com/profile/13941353492023923157noreply@blogger.com