Housing Rolling Along 2

[EqtTrdr]

It's soooooo easy.. it's like they are giving away free money$$$


http://tv.yahoo.com/news/ap/20060102/113624598000.html


you too can go from bankruptcy to millions$$$



Thank you Fed!

 

[prt_systems]

Quote from prt_systems:

......
Interesting note about Fluor: they have been in Orange county for a long time although they have not had a very good run over the last six years. I do see a trend of California headquarters moving to lower cost locales - like Texas which is a popular choice.

There was an article in the WSJ today about companies relocating out of high cost areas ......Like california.

Nissan was mentioned as moving its quarters from Los Angeles to Nashville, citing the cost of housing for its employees and the reduced cost of doing business.

 

[sristau1980]

Nissan alone is a company that has gone from being in the doghouse to being a company with huge earnings and the potential for even further growth. With an announcement like this I would definately have to still keep recommending Nissan. Look for many other companies to follow suit in this relocation of offices to more economical places.

 

[jem]

I just did a search of the housing services sector over at stockfetcher. It listed many of the home builders. I found it very strange that about half of them were either hitting new three month highs or just a few points away.

Might this be telling us something? Either regarding interest rates or the expect health of the housing sector now that we are nearing the end of the hikes?

 

[TraderD]

Quote from jem:

I found it very strange that about half of them were either hitting new three month highs or just a few points away.
....

and the other half of your sample?

 

[prt_systems]

Quote from jem:

I just did a search of the housing services sector over at stockfetcher. It listed many of the home builders. I found it very strange that about half of them were either hitting new three month highs or just a few points away.

Might this be telling us something? Either regarding interest rates or the expect health of the housing sector now that we are nearing the end of the hikes?

I dont really know .....I think builders will just be changing their mix of projects .... moving from areas where there will be slowing demand to areas where there will be increasing demand ..... I think the key point would be to watch where they actually are permitting or planning over the next 5 years. Of course, whether they will be able to maintain boom profits seems doubtful but well managed firms might be able to handle the change in business conditions .... I would doubt that their stock prices could continue to improve too much over the next year.....I actually might take a few short positions in some of these ....

 

[Midas]

The fed is showing signs that they are approaching the end of their rate hike campaign. Prime is still in the low 6% range. Money is still cheap.

The market is cooling.... Some small pockets will be affected by depreciating property values...... But doom and gloom? That is not the way I see things.

 

[jem]

by the way activity has picked up significantly in the Bradenton Florida area. We had the well document 41% increase in one year last year.

In my area, Lakewood Ranch, which was the epicenter of the boom in Bradenton there were no buyers looking at the models for the last 3 months of the year.

I can report the buyers are out looking again and in pretty good numbers.

It is not too late to buy. Get aboard before the demographics price you out of the market forever. (By the way I have a property to sell.)

 

[Copernicus]

Quote from jem:

by the way activity has picked up significantly in the Bradenton Florida area. We had the well document 41% increase in one year last year.

In my area, Lakewood Ranch, which was the epicenter of the boom in Bradenton there were no buyers looking at the models for the last 3 months of the year.

I can report the buyers are out looking again and in pretty good numbers.

It is not too late to buy. Get aboard before the demographics price you out of the market forever. (By the way I have a property to sell.)

i know tampa isnt bradenton, but statistics for that region dont suport your claims.

http://www.benengebreth.org/housingtracker/location/Florida/Tampa

 

[Copernicus]

Quote from jem:

by the way activity has picked up significantly in the Bradenton Florida area. We had the well document 41% increase in one year last year.

In my area, Lakewood Ranch, which was the epicenter of the boom in Bradenton there were no buyers looking at the models for the last 3 months of the year.

I can report the buyers are out looking again and in pretty good numbers.

It is not too late to buy. Get aboard before the demographics price you out of the market forever. (By the way I have a property to sell.)

on a sidenote, do girls from the bolletieri's tennis academy party in bradenton at all? Sharapova and Vaidisova to name two?