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Thread: U.S. existing home sales seen at highest since July 2007

  1. #11
    I'm not-low all the time
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    Re: U.S. existing home sales seen at highest since July 2007

    Quote Originally Posted by The Prof View Post
    realtytrac sees no bottom in sight

    ask them
    But we must first define what is a bottom....

    Is it price relative?

    What do you think Prof
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. existing home sales seen at highest since July 2007

    Quote Originally Posted by WillRockwell View Post
    Gee, I can't wait till you and your cronies are in power again.
    There sure did good the last time they where in power....
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: U.S. existing home sales seen at highest since July 2007

    Quote Originally Posted by Goldenboy219 View Post
    But we must first define what is a bottom....

    Is it price relative?

    What do you think Prof
    LOL
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    LOL .
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: U.S. existing home sales seen at highest since July 2007

    The few people with some money are buying foreclosed homes for a song. How is this suppose to be exciting news?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. existing home sales seen at highest since July 2007

    Quote Originally Posted by WillRockwell View Post
    Gee, I can't wait till you and your cronies are in power again.
    Me either, then we can go back to work and start making money again.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: U.S. existing home sales seen at highest since July 2007

    Quote Originally Posted by apdst View Post
    The few people with some money are buying foreclosed homes for a song. How is this suppose to be exciting news?
    It's better these foreclosed homes aren't purchased?

    There are 8 homes in my neighborhood for sale. 2 are short sales and 6 are foreclosures. I don't think I have been a real "for sale by owner" home in quite some time.
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
    - Warren Buffett

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    Re: U.S. existing home sales seen at highest since July 2007

    Buying foreclosed homes dimes on the dollar isn't exactly a rebound in the housing market.

    When housing starts pick up and home values return to a point that people can actually sell their homes if they want to...that'll be a fine day.

    Meanwhile, everyone who bought a house in the last five years that didn't put 20 percent down is upside down in their mortgage still, and shaking in their boots that they might lose their job and have to file bankruptcy.

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