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This is true over most of America. Prices have come back to admittedly now sensible levels.People who have over-paid and are now struggling with heavy payments are walking,but just because it's been foreclosed doesn't automatically mean the bank will give it away,they still want their money...

Is that incredible good or incredible bad?

Apparently all trades that occurred lower than 115.13 in June Bunds are under investigation.

The number of new homes for sale at the end of February dropped to 471,000,the fewest since July 2005,this indicates that builders are making headway in clearing out their inventory. Purchases of existing homes in the US gained 2.9%,the first gain in seven months. The MBA's Mortgage...

Then why are the coasts in 'freefall'? Prices have come back a lot,at least 30% of the total value of the properties,not 30% of the gains. To be honest I think we stabilize here but there is a lot on the market because a lot of sellers are being unrealistic and probably don't even care...

I'm only trading futures markets,the three main Exchanges,even though TT are surprisingly unpopular as a company their infrastructure is pretty good, so that is the platform that I use.

Good idea,I suppose each person has their own preference,I set up at home in April 2000 and at first thought it was great but it wore off after a while. It's ideal to have a set-up at home and in an office that's not too far away so you can trade from where you feel like on any particular day...

There are a lot of pros and cons to trading from home versus trading in an office. From home you never really escape the markets,you have to pay for and keep modernising the equipment,deal with internet slippage,deal with other IT issues but you can work more flexible hours and depending on...

In the unlikely event of a further downturn they'll be posting on here calling for another 25% drop,they'll only be interested if it's for free!

That's because he's looking at the bigger picture here. The USA has such a terrible 'herd' mentality,that's why it's a country of such extremes,it's all one-way traffic.Everyone's either out-bidding the next person for fear of missing out on a great deal or everyone's too scared to do...

You also thought the Fed would cut by "50 bps".

Oldtrader, Just to be clear,do you think Cramer was recommending or not recommending the general public to hold on to BSC stock? I can sort of see what you are saying but the guy's question was probably relating to BSC stock,I don't think Joe Public would be taking Cramers advice on funds...

Man,that is a new low in journalism! I remember when the house prices were going to the moon - all they focussed on were the people who couldn't afford to buy.They'd have some working couple looking at over-priced apartments in some slum moaning that they'd been priced out of the market.It's...

So with all the foreclosures in America and people struggling to get mortages there must be a hell of a lot of people renting right? True,picking a bottom in a vacuum can be dangerous but if house prices went down as much as the thread starter suggests then rental yields would surely go up to...

Good post.House prices have come back a lot already and there are some good deals out there.The problem is that every time you turn on the TV there's some waste-of-space reporter standing in front of some 'for sale' or 'foreclosed' sign scaring everyone off.Honestly it makes me sick,I mean what...

A surprisingly well-timed example: Fed cuts discount-rate by a quarter-point,as I type this - Eurodollar March 08 +7 ticks,Eurodollar Sep 08 +14 ticks - being short spreads i.e. selling March against buying Sep before this news turns a spread position into a nice profit - now to figure out...

Generally all the months of a particular contract move in the same direction,the art of spreading is to predict which month will out-pace the other based on more of a long-term view. Don't trade wheat spreads so not in a position to pass comment but if you look at Eurodollar futures I can...

Totally,Spitzer is a total hypocrite

Thanks

Did anyone else catch Jim Cramer on the Today Show this morning? WTF was going on there,Cramer was virtually in tears barely able to get words out talking about his pal Spitzer screwing hookers.