bush tried to count service jobs as manufacturing!
meanwhile, TODAY, a hundred bucks on 3
Gas #3.99 Per Gallon
Underwater Homeowners Rise to 28 Percent: Zillow - BloombergMore than 28 percent of U.S. homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc. said today.
Homeowners with negative equity increased from 22 percent a year earlier as home prices slumped 8.2 percent over the past 12 months, the Seattle-based company said. About 27 percent of homes were “underwater” in the fourth quarter, according to Zillow, which runs a website with property-value estimates and real-estate listings.
Home prices fell 3 percent in the first quarter and will drop as much as 9 percent this year as foreclosures spread and unemployment remains high, Zillow Chief Economist Stan Humphries said. Prices won’t find a floor until 2012, he said.
the slasher's housing policies, meanwhile, have been universally condemned as "a miserable failure," half those he hamp'ed have already redefaulted
Experts: Obama's Mortgage Relief Program a Failure
Obama's HAMP program 'failed miserably' at preventing foreclosures | OregonLive.com
Half of U.S. Home Loan Modifications Default Again (Update1) - Bloomberg
Thank God Obama is still destroying the housing market. I need about 6 weeks to get my self together on a bid, and then I can take advantage of the market.
if you wait a year, in most places prices will be significantly lower
being an aged california public school teacher who paid off his house when he was 51, i have a huge surplus income and nowhere to put it
i believe in real value, whatever that is, but these days it might be an 18 wheeler full of guns
or a big tank of gasoline
a house, even if paper is worthless, still has some instrinsic worth
i feel forced to move up
my point---when home prices are low, the differential between my modest 3 bedroom and that mini mansion in the gated retirement community is constantly shrinking
so i wait
and i don't really want to move, i finally got this place exactly like i want it
we all got problems in tuff times like these