Home prices have really gone up the last few months.

Quote from chasinfla:

This is interesting to me because I wrote somewhere on this site, way back in the early days, that gov't would end up being the largest property owner in the US.

Mouths of babes and all.
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don't they also own a lot of automobiles?
 
i'm keeping a file with all homes for sales in my zip code. it's all time high now. same for rent-houses available for rent-also all time high. if things are great and prices moving higher and overall situation is improving-then why everyone is selling? :)
 
Quote from peilthetraveler:

Average home price in my town was $174k at the beginning of the year. Today it's $234k. (last month it was $199k).

Of course my City was ranked #3 in the nation for the highest YoY increase in median list prices (Just over 40% with the median list price being $279k)

California holds 8 out of 10 of the top spots for increases in median list prices. Welcome to the housing boom part 2!
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That's fucking scary...


Housing boom part 2 has arrived. Its happening near me...contractors bought a house near me for about $220,000...fixed it up and have it on the market for over $500,000.

Thank BUBBLE Ben bernanke for this new bubble

They keep saying they have an exit plan ...that's one big fucking lie.

These numbers are showing proof that's its time to cut QE immediately from the system .....
 
it's a lot more scary than you think

the sky is actually falling

and it is going to fall on everybody who is not as smart as you

so that means

you are going to get screwed

(think about it)
 
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