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But it does matter when you buy even if you live there 5 to 10 years. Why would anyone buy something they could get maybe 50 or 60 thousand dollars cheaper if they wait a year or two? For the middle and lower income people that is a big difference in price...maybe not big deal for high income...

That is hilarious!:D

Hedgefund2, you have strong feelings that negative sentiment is what keeps the market down only. You also sold/sell real estate and you know how lucrative that was for you when money was cheap and homes were high priced. And now it has come to an end. So maybe you believe if everyone could...

Yes, some states are much worse than others, so really depends on where you want to buy right now. Miami is in a stalemate...sellers won't budge on price..buyers holding out.

When you say "get back to the premise that all men are created equal" this is blurry. Yes, all men should have equal opprortunity to prove themself...but some will work harder to be more productive. So waht happens then? Should the ones who are most productive and creative just accept an...

Why dumb money if the price is right? I understand homes are considered overappreciated now...but a foreclosure could be at a good price if it is selling for 30% less than homes in ithe same neighborhood. That would be good for someone who is buying to stay and live in it for 5 years or more...

No one say a normal cyclical recession wiped out trillions in debt. The derivatives game did. Credit defautl swap, huge bets gone bad

The point is most professional basketball (PLAYERS) are black. The point that t-trade wanted to make I think is Do you see white professional basketball players claiming descrimination becasue of this? The truth is the black men who make it big as pro players do so because they are great...

I think maybe people fear consequences of collapse if there is no bailout, at the same time are angry about bailouts to wallstreet who took high reckless risk with bad bets. Maybe the lesser of 2 evils is how some people see this?

I don't understand what you mean by "current buyers of foreclosures are in foreclosures" Doyou mean people who have gone through foreclosures personally are now trying to buy again by looking at foreclosures?, or are you saying a nationality group that bought and foreclosed in the past, are...

Yes, fatherless households are part of the problem. No one should be told how many children they are allowed to have, BUT to have one child after another when a person is already struggling shows huge lack of responsibilty and education. The men who father these children and the women who bear...

Hedgefund2, forelosures can be lucrative, you know this too yes? No, I am not on the forclosure tour bus, but intersting that such a thing is happening. Everyone trys to make a buck on the state of the union...that is the intersting part.

And why do you use "aged" in your argument? Yes, maybe Buchanon is from old school white mentality and has not changed his old school views with the times. But look at Obama. He lives in modern times where balcks have made great progress. Obama and his wife are living testament to black...

I am not a fan of Buchanon, but you took a quote from the article and left out the end. Buchanon said "He ought to go down on his knees and thank God he is an American" That is waht he said. I interpret this to mean down on his knees as in prayer...and not down on his knees as submissive...

I thought the forclosure tour bus idea was a first of its kind. Yes I agree Maxpi, it is a cycle.

http://www.youtube.com/watch?v=0FUnBi1i90E A black Rev agrees that Jeremiah Wright is a racist...so no, the defenders of Rev Jeremiah Wright cannot blame it on white people not understanding black culture.

Bus tours showing off foreclosed homes "Either it was people who weren't very careful when they ripped stuff out or the people who owned it just didn't take care of it at all," Nuckols said. "You would have to invest quite a bit of money to bring it up to a standard that you would want."...

updated 5:01 p.m. ET, Wed., March. 26, 2008 ORLANDO, Fla. - The white bus rumbles into the quiet suburban neighborhood, heading toward a foreclosed home that sits empty. Neighbors, young and old, cock their heads in curiosity or point at the slow-moving coach. Once the vehicle stops, about...