It's official the economy has turned......
- Thread starter RCG Trader
- Start date
What this means is : builders build...that's what they do and that's what they will always do...
BUT...I'm getting the impression re real estate..(I haven't checked this out with any sources..)
It looks like houses in the price range of 400k or thereabouts will sell if they are new.Existing houses in this price range are not. Maybe this has something to do with how lenders and appraisers view the re market.
Quote from Max E. Pad:
I dont know...... what do you want to do spiker?
Why dont you spend the next 10 years researching yields and geographical dispersion?
nah . . . . i'm going to build myself an experimental aircraft , call it F66. Congress will fund it and the Pentagon will buy it. and i will be rich.
Why don't you research the shadow inventory banks have on their books, then come back and make intelligent posts about how housing is turning.
Until then, it's probably better for you to not make threads on the economy getting better.
Housing starts have nothing to do with housing purchases.
Until then, it's probably better for you to not make threads on the economy getting better.
Housing starts have nothing to do with housing purchases.
All of the above , it will even take Newt and his loons to the moon. 
.
luke is going to fly it.
.luke is going to fly it.
Republicans can't say the economy has turned, that's why you're seeing all the crap about abortion on tv right now.
"DENVER, Feb. 16, 2012 -- /PRNewswire/ -- For the 7th straight month, home sales in January inched higher, rising 3.4% above the level seen last January. This data is based on a weighted average of 53 metropolitan areas surveyed for the RE/MAX National Housing Report. After an unexpected jump in sales at the end of 2011, January sales returned to a seasonal norm and were down on a monthly basis 19.3% from December. Perhaps due to falling foreclosure numbers, January was the 19th consecutive month that inventory levels dropped. The number of homes for sale last month was 24.1% lower than the number seen in January 2011. In the 53 metro areas, home prices were down only 0.8% from one year ago, building a trend of much anticipated price stabilization."
Article continues.
http://www.sacbee.com/2012/02/16/4269860/2012-starts-with-increased-sales.html
Article continues.
http://www.sacbee.com/2012/02/16/4269860/2012-starts-with-increased-sales.html