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pa28

(6,145 posts)

26. The link tells us that prices have returned to 2003 levels.

Reply to brooklynite (Original post)

Wed Sep 26, 2012, 01:36 AM

Sep 2012

Great news because we may have seen the worst of mean reversion but everybody knows prices are not at a nine year high.

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Home prices rebound [View all] brooklynite Sep 2012 OP

Market Watch is reporting a 2-year high pscot Sep 2012 #1

The headline is an outrageous falsehood and CNN... JackRiddler Sep 2012 #15

Explain to me why rising house prices is a good thing? AnnaLee Sep 2012 #2

Becasue it means that people are able and willing to pay higher prices... brooklynite Sep 2012 #4

No, it means that lenders are desperate enough for high yield... JackRiddler Sep 2012 #10

If it were true genxlib Sep 2012 #12

why should people who invested their retirement savings into their homes be penalized magical thyme Sep 2012 #18

Do you mean make a choice in favor of the owners of over-priced houses? AnnaLee Sep 2012 #22

No. I mean make a choice that doesn't penalize anybody who has been responsible. magical thyme Sep 2012 #29

For one, because millions are trapped in their homes. OnionPatch Sep 2012 #32

So those currently without homes dipsydoodle Sep 2012 #3

Not only that AlphaCentauri Sep 2012 #23

How low do you want them to go? Low values will hurt the poor. davidn3600 Sep 2012 #25

Income, Savings vs. Drowning in Debt AlphaCentauri Sep 2012 #34

A deflationary period is nowhere in the forecast davidn3600 Sep 2012 #35

Wait, I read at ZeroHead that banks are sitting on "toxic assets" banned from Kos Sep 2012 #5

Well the first part kind of is dmallind Sep 2012 #6

Rational for sure. banned from Kos Sep 2012 #7

Not in Savannah, GA n/t n2doc Sep 2012 #8

So the headlines can just lie and you believe it? JackRiddler Sep 2012 #9

yeah, that was my first thought, too. 9-year high?? Roland99 Sep 2012 #30

LOL - Some people have mush for brains... jtuck004 Sep 2012 #11

not in my local market the haven't tk2kewl Sep 2012 #13

Can you please be honest & change the headline to... JackRiddler Sep 2012 #14

I Think What the Article is Saying On the Road Sep 2012 #16

Who is buying these houses? high density Sep 2012 #17

Check out homes in my 'hood... We are Devo Sep 2012 #20

Well, that one is a craftsman home. senseandsensibility Sep 2012 #21

Just showing We are Devo Sep 2012 #24

Right. which is why when I interviewed a local realtor who is head of the local realty board magical thyme Sep 2012 #19

The link tells us that prices have returned to 2003 levels. pa28 Sep 2012 #26

That's not possible. 2006 was the year things peaked and crashed in CA. kestrel91316 Sep 2012 #27

9-YEAR HIGH ... GeorgeGist Sep 2012 #28

CNN changed this lying headline... JackRiddler Sep 2012 #31

Hit and Run? No reply from brooklynite. JackRiddler Sep 2012 #33