tag:blogger.com,1999:blog-18675105.post6223168569858722846..comments2023-12-30T10:06:37.450+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.comBlogger35125tag:blogger.com,1999:blog-18675105.post-55735378384034836612007-06-01T21:54:00.000+01:002007-06-01T21:54:00.000+01:00To paraphrase jt, hardworking people,whether illeg...To paraphrase jt, hardworking people,<BR/>whether illegal immigrants, legal<BR/>immigrants, or natives. NOT people<BR/>who sit around and whine, like most<BR/>on HP.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-21650300866263060912007-03-01T00:00:00.000+00:002007-03-01T00:00:00.000+00:00but the mcmillion mcmansion will have to be bought...but the mcmillion mcmansion will have to be bought with antimcdollarsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40267850048668147432007-02-28T01:53:00.000+00:002007-02-28T01:53:00.000+00:00Face it people, the only real estate you all are e...Face it people, the only real estate you all are ever going to buy is the virtual kind on Second Life.<BR/><BR/>http://www.secondlife.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40802012570366729132007-02-28T01:02:00.000+00:002007-02-28T01:02:00.000+00:00hardworking illegals and internationals - the japa...hardworking illegals and internationals - the japanese and chinese and russians. It's already happening. It's a global economy afterall if you haven't noticed.<BR/><BR/>Your sorry ass is just not a part of it since you spend all your time on world of warcraft and trolling these doom and gloom blogs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40638861371160955692007-02-28T00:13:00.000+00:002007-02-28T00:13:00.000+00:00There are millions of solutions to this "problem"....There are millions of solutions to this "problem".<BR/><BR/>The illegal aliens will be given a can't-refuse deal to buy these unwanted chicken shacks...because banks will be so desparate to continue their greedy ways. There is no level so low that the banksters will not stoop to.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74425017553150665902007-02-27T23:34:00.000+00:002007-02-27T23:34:00.000+00:00I have McMillions of dollars! Just you wait! Wit...I have McMillions of dollars! <BR/><BR/>Just you wait! With the dollar crashing to its intrinsic value, in ten years or less anyone in the United States is going to be a McMillionaire!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14410406990635500662007-02-27T23:33:00.000+00:002007-02-27T23:33:00.000+00:00Dead people.Dead people.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47597703541140775882007-02-27T21:23:00.000+00:002007-02-27T21:23:00.000+00:00Hey, I'm gonna wait for 90% off!Hey, I'm gonna wait for 90% off!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50241499782367618112007-02-27T20:10:00.000+00:002007-02-27T20:10:00.000+00:00Now we know why Bush/Cheney and the big business r...Now we know why Bush/Cheney and the big business republicans keep promoting illegal aliens.<BR/><BR/>They need one last sucker to buy all the homes. Just one more group of fools before the Ponzi scheme implodes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-19748262975714617942007-02-27T20:04:00.000+00:002007-02-27T20:04:00.000+00:00when the dollar recovers from the issuance of 10 d...when the dollar recovers from the issuance of 10 dollars of debt, for every dollar of deposits,or prices fall 90%, so the average, average is not bought and sold in slavery, at the harm to society of the freeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91018228191065998102007-02-27T18:35:00.000+00:002007-02-27T18:35:00.000+00:00No change in Illinois real estate!Patience my frie...<I>No change in Illinois real estate!</I><BR/><BR/>Patience my friend, patience.<BR/><BR/><BR/><BR/>http://chicagohousingbubble.blogspot.com/GowdTeef$https://www.blogger.com/profile/15782337867830494217noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25259463512639599492007-02-27T18:34:00.000+00:002007-02-27T18:34:00.000+00:00No change in Illinois real estate!Patience my frie...<I>No change in Illinois real estate!</I><BR/><BR/>Patience my friend, patience.<BR/><BR/><BR/><BR/>http://chicagohousingbubble.blogspot.com/GowdTeef$https://www.blogger.com/profile/15782337867830494217noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-22718781497054350872007-02-27T17:54:00.000+00:002007-02-27T17:54:00.000+00:00No change in Illinois real estate!There's a reason...No change in Illinois real estate!<BR/><BR/>There's a reason.....it's Illinois!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39238599318418042392007-02-27T17:35:00.000+00:002007-02-27T17:35:00.000+00:00This comment has been removed by a blog administrator.tmaiolihttps://www.blogger.com/profile/18423568231695426474noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-60535113265954955662007-02-27T16:44:00.000+00:002007-02-27T16:44:00.000+00:00Hp'ers in about 5 years and for a song.Hp'ers in about 5 years and for a song.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54556916036908755522007-02-27T16:35:00.000+00:002007-02-27T16:35:00.000+00:00Those that are fortunate enough to get $$$ from mo...Those that are fortunate enough to get $$$ from mommy and daddy, that's who.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59223244500351664982007-02-27T15:59:00.000+00:002007-02-27T15:59:00.000+00:00I'm told, by many experts, real estate never goes ...I'm told, by many experts, real estate never goes down. I will. No brainer.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59622164834256153852007-02-27T15:57:00.001+00:002007-02-27T15:57:00.001+00:00The American stupids and assorted semi-literate sc...The American stupids and assorted semi-literate scum populating cities like Phoenix and Las Vegas will jump right in, once the "word" gets out that real estate in the form of a cookie-cutter shitbox will make your rich...again.<BR/><BR/>Quote: ''Any frontal attack on ignorance is bound to fail because the masses are always ready to defend their most precious possession -- their ignorance.'' -- Hendrik Willem van Loon, Dutch-American journalist and lecturer (1882-1944).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74075920134370940852007-02-27T15:57:00.000+00:002007-02-27T15:57:00.000+00:00Bendra ToddBendra ToddAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8179069358793823662007-02-27T15:56:00.000+00:002007-02-27T15:56:00.000+00:00Home price slump continuesRealtors report that yea...Home price slump continues<BR/><BR/>Realtors report that year-over-year slide hit its sixth straight month in January despite pickup in sales pace.<BR/>By Chris Isidore, CNNMoney.com senior writer<BR/>February 27 2007: 10:50 AM EST<BR/><BR/>NEW YORK (CNNMoney.com) -- Housing prices continued to fall in the latest reading on the battered real estate market released Tuesday from an industry trade group.<BR/><BR/>The median price of an existing home sold in January was down 3.1 percent from a year earlier, according to the National Association of Realtors.<BR/><BR/>It marked the sixth straight month that prices have shown that year-over-year drop, a relatively rare condition for home prices before the current slide. Before the Realtor's price readings showed a year-over-year drop for August sales, it had gone more than 11 years without that kind of drop.<BR/><BR/>The median price, the price at which half the homes sell for more and half sell for less, is now down 8.5 percent from the record high reached in July 2006. And the three biggest year-over-year declines on record have now been recorded in the last four months, with January's decline just behind the 4.4 percent drop in October and a 3.4 percent fall in November.<BR/><BR/>The lower prices apparently are helping to draw more buyers to the market. The pace of home sales rose 3 percent from December, coming in at an annual rate of 6.46 million homes. But that was also down 4.3 percent from year-earlier levels.<BR/><BR/>"It's just like any market, when there's price depreciation, buyers are more likely to come into the market place," said Wachovia economist Phillip Neuhart. "I think prices will be flat to slightly negative this year. I don't think we're going to see any imminent recovery."<BR/><BR/>The prices have been hurt by a glut of both new and existing homes on the market available for sale. The inventory of homes in the latest report rose 2.9 percent from December to 3.55 million. That's up 23 percent from the supply of existing homes on the market a year ago, although its down 8 percent from the record high seen in July.<BR/><BR/>The glut of homes for sale was greatly fed by the building boom of 2004 and 2005, rather than the more typical cause of a glut of homes that comes from an downturn in the economy or employment.<BR/><BR/>Pat Vredevoogd Combs, a Realtor from Grand Rapids, Mich. and president of the national trade group, said the pickup in sales activity is important in restoring confidence to buyers and sellers in the market.<BR/><BR/>"The market is trending up from its low last fall, and that is important in restoring confidence to buyers who've been on the sidelines," she said in the group's statement.<BR/><BR/>Home builders' have been particularly hard hit by the downturn in home sales and home prices. Hovnanian Enterprises (Charts) said Tuesday it expects to report a net loss in the most recent quarter.<BR/><BR/>Toll Brothers (Charts) reported a sharp drop in earnings last week, while KB Home (Charts) reported a net loss in the most recent quarter earlier this month.<BR/><BR/>Other leading builders reporting weakness in prices and reduced sales include Lennar (Charts), Pulte Home (Charts), D.R. Horton (Charts).<BR/><BR/>A government report on new home sales and prices is due out Wednesday. While new homes are only a fraction of the overall real estate market, that is a more closely watched report because it is more of a leading indicator. New home sales are recorded at the time a sales contract is signed, while existing home sales readings are taken at the time of the closing, typically a month or two after a sales contract is agreed upon.<BR/><BR/>Record home price slumptmaiolihttps://www.blogger.com/profile/18423568231695426474noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-76446433212986681222007-02-27T15:40:00.000+00:002007-02-27T15:40:00.000+00:00This confirms what I have been saying all along. I...This confirms what I have been saying all along. In Illinois there is no crash. Median price is the same as it was a year ago and sales are about 6% lower than a year ago. Not a booming market by any means, but not the end of the world either.<BR/><BR/>It seems like everyone here lives in Phoenix or Los Angeles and assumes that the rest of the country is as fucked as you. Stop doing so.<BR/><BR/>http://www.earthtimes.org/articles/show/news_press_release,66369.shtmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54131229323868888662007-02-27T15:28:00.000+00:002007-02-27T15:28:00.000+00:00Soon, one ounce of gold will get you your home.Soon, one ounce of gold will get you your home.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-81087673579161795042007-02-27T15:23:00.000+00:002007-02-27T15:23:00.000+00:00Dow Jones is crashing this morning. Down 130 point...Dow Jones is crashing this morning. Down 130 points already. What gives?az_mtbhttps://www.blogger.com/profile/04620444887442473071noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1099568311889023432007-02-27T15:19:00.000+00:002007-02-27T15:19:00.000+00:00mewith money I find in my clothes dryerme<BR/><BR/>with money I find in my clothes dryerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-5087050758782721922007-02-27T15:07:00.000+00:002007-02-27T15:07:00.000+00:00Answer: Nobody!!I'll be buying one in a year or so...Answer: <BR/><BR/>Nobody!!<BR/><BR/>I'll be buying one in a year or so when Orange County gets really bad, but then again I said that last year because I though it would have hit bottom by now, but it's still going down, down, down...Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.com