More bad news

2001400ex

http://mobile.reuters.com/article/idUSN9N0YO01Q20150716?irpc=932

GrundleStiltzkin

Wow, Obama's really doing nothing about the population explosion, not to mention that carbon footprint. Terrible.

sarktastic

Interesting how you view this interpretation of a housing report as 'good news'.

Telling, actually.

dnc

I only read the headlines, so I got nothing

RaceBannon

dnc said:

I only read the headlines, so I got nothing

I down voted anyway

greenblood

Supply and demand dipshit.

We have a rising home market in large part because of the fear of rising insterest rates. People realize that they can buy now at 4.25% or wait a year and possibly have to pay 5.5%. Thus, there are currently more buyers in the market than available properties which prompts higher home prices. This leads to more home construction. Once the supply matches demand mid next year, you'll see a softening or pull back in the housing market. This push and pull motion is the normal fluctuation in the industry.

sarktastic

We have a rising market in large part from foreign all cash purchases, too.

Fundamentals of typical first time and/or move up buyers absolutely suck.

Supply will further tighten as the homeless Hondurans find assistance into waterfront 'quasi'-government owned homes.

2001400ex

sarktastic said:

We have a rising market in large part from foreign all cash purchases, too.

Fundamentals of typical first time and/or move up buyers absolutely suck.

Supply will further tighten as the homeless Hondurans find assistance into waterfront 'quasi'-government owned homes.

I heard that exact same thing from Rush this morning. Nice work.

sarktastic

The beauty of your schtick is that you can invent anything you want and call it truth... and still get paid.

GrundleStiltzkin

2001400ex said:

sarktastic said:

We have a rising market in large part from foreign all cash purchases, too.

Fundamentals of typical first time and/or move up buyers absolutely suck.

Supply will further tighten as the homeless Hondurans find assistance into waterfront 'quasi'-government owned homes.

I heard that exact same thing from Rush this morning. Nice work.

What a special day to be a Rush Limbaugh dick sucking conservative that posts here. This just confirms (in your minds) all of the drivel that you guys suck out of his ass.

dnc

2001400ex said:

sarktastic said:

We have a rising market in large part from foreign all cash purchases, too.

Fundamentals of typical first time and/or move up buyers absolutely suck.

Supply will further tighten as the homeless Hondurans find assistance into waterfront 'quasi'-government owned homes.

I heard that exact same thing from Rush this morning. Nice work.

Rush > Styx

2001400ex

sarktastic said:

The beauty of your schtick is that you can invent anything you want and call it truth... and still get paid.

But what you believe is the only truth. Its what the daily caller and breitbart state.

sarktastic

TRUMP-RUSH 2016

RaceBannon

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

greenblood

RaceBannon said:

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand supply is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

2001400ex

RaceBannon said:

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

That was so 4 years ago. Ask Kim, he'll tell you the shadow inventory is gone.

But seriously, drive around, there aren't really vacant homes and homes are selling quickly. If you can see that, I can't help you.

greenblood

2001400ex said:

RaceBannon said:

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

That was so 4 years ago. Ask Kim, he'll tell you the shadow inventory is gone.

But seriously, drive around, there aren't really vacant homes and homes are selling quickly. If you can see that, I can't help you.

I live in a newer development and there are 2 bank owned vacant properties within a block of me, and they've been vacant for almost two years.

dnc

2001400ex said:

RaceBannon said:

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

That was so 4 years ago. Ask Kim, he'll tell you the shadow inventory is gone.

But seriously, drive around, there aren't really vacant homes and homes are selling quickly. If you can see that, I can't help you.

Protip, if you ever find yourself arguing that someone should "Ask Kim" anything, you've already lost the argument.

Blackie

2001400ex said:

RaceBannon said:

There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.

In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.

Government regulation to "help" people keep their homes (for awhile) plays right in to that.

The reduced demand is why new homes became profitable to build again.

Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.

That was so 4 years ago. Ask Kim, he'll tell you the shadow inventory is gone.

But seriously, drive around, there aren't really vacant homes and homes are selling quickly. If you can see that, I can't help you.

you're conflating weather with climate

whatshouldicareabout

Flagged for linking mobile

CuntWaffle

Hondo why haven't you killed yourself yet?