Buck Rabbit
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Fri Mar-24-06 01:42 PM
Response to Reply #16 |
| 38. My yard shed would cost more than that here. (Portland) |
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Well not really, we aren't as bad as California or even Seattle. But that house would go for more than twice that if it were next to mine.
I guess when my son gets back from years in Korea, he should look in Kentucky if he wants to buy a house. He has learned tolerance of living in a foreign culture so he should be able to adapt to living in a red state.
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| -Pop goes the bubble - - new home sales plunge 10.5% in Feb |
fryguy |
Mar-24-06 09:08 AM |
#0 |
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Jesus H. Shit! |
Teaser |
Mar-24-06 09:09 AM |
#1 |
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Reuters link: |
highplainsdem |
Mar-24-06 09:13 AM |
#2 |
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thanks! |
fryguy |
Mar-24-06 09:16 AM |
#5 |
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"All your property are belong to us." - Republicon Mortgage Cronies, Inc |
SpiralHawk |
Mar-24-06 09:14 AM |
#3 |
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But you don't understand...it's the media |
rpannier |
Mar-24-06 09:14 AM |
#4 |
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Why doesn't the media show the new homes being built. |
sarcasmo |
Mar-24-06 04:19 PM |
#58 |
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Well, to be fair, 10% is not exactly a "pop". Not quite yet anyway. nt |
thereismore |
Mar-24-06 09:20 AM |
#6 |
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Part of it is just market forces - how many people who would like a house |
BR_Parkway |
Mar-24-06 09:40 AM |
#11 |
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But when u link that drop |
rpannier |
Mar-24-06 11:55 PM |
#69 |
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Another problem is that builders are |
pokercat999 |
Mar-26-06 05:08 AM |
#92 |
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10.5% is more than enough to create some real concern in the.... |
Media_Lies_Daily |
Mar-24-06 10:25 AM |
#20 |
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this just refers to *new home* sales |
kineta |
Mar-24-06 02:48 PM |
#49 |
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Existing home sales are suffering in Modesto , Ca and surrounding |
anitar1 |
Mar-24-06 03:26 PM |
#53 |
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This is very interesting...I work for a Land brokerage firm.. |
Tight_rope |
Mar-25-06 12:55 AM |
#71 |
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On GMA this morning they said sales were Up Up Up! Highest |
Gidney N Cloyd |
Mar-24-06 09:29 AM |
#7 |
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They were up for January |
Postmanx |
Mar-24-06 09:33 AM |
#9 |
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Wow. To totally ignore the most recent month's drop. Just wow. |
Gidney N Cloyd |
Mar-24-06 09:40 AM |
#12 |
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well there's a simple explanation for that..... |
fryguy |
Mar-24-06 09:34 AM |
#10 |
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yes - I'm old enough to remember when the Today Show actually had |
kath |
Mar-24-06 10:38 AM |
#22 |
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That was for *existing* home sales |
Roland99 |
Mar-24-06 09:51 AM |
#14 |
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was Baghdad Bob on TV? |
TexasLawyer |
Mar-24-06 12:12 PM |
#32 |
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I spoke yesterday with a relative ... |
Tracer |
Mar-24-06 09:32 AM |
#8 |
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A friend went out with a realtor recently who said the market is at a |
1932 |
Mar-24-06 09:46 AM |
#13 |
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complex psychology |
TexasLawyer |
Mar-24-06 12:20 PM |
#34 |
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Here's a house near where I used to live...been on sale since Nov. |
Roland99 |
Mar-24-06 09:56 AM |
#16 |
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There is lots of construction where I am |
Radio_Guy |
Mar-24-06 10:27 AM |
#21 |
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In Southern California the price tag for that |
LibDemAlways |
Mar-24-06 10:46 AM |
#24 |
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100-year mortgages? 3 families sharing it? |
Roland99 |
Mar-24-06 11:18 AM |
#26 |
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Interest-only mortgages. People are |
LibDemAlways |
Mar-24-06 11:41 AM |
#29 |
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And when they hit 65 they'll be FVCKED! |
Roland99 |
Mar-24-06 12:00 PM |
#31 |
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They'll be "FVCKED" sooner than that. |
LibDemAlways |
Mar-24-06 12:30 PM |
#35 |
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I know too many people in that situation, |
CrispyQGirl |
Mar-24-06 02:37 PM |
#47 |
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Japan has 90 year mortgages |
kineta |
Mar-24-06 02:50 PM |
#50 |
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My wife and I just refied our mortgage at 15years. |
sarcasmo |
Mar-24-06 04:24 PM |
#59 |
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You are smart. |
llmart |
Mar-24-06 07:37 PM |
#67 |
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Wait until they get to be 65 and still have to worry about that mortgage. |
sarcasmo |
Mar-24-06 07:42 PM |
#68 |
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With regards to money we're less stressed........ |
llmart |
Mar-25-06 06:40 AM |
#74 |
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You are right... |
sendero |
Mar-25-06 06:57 AM |
#75 |
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Well, it never mattered to me if it was the "go-go" years...... |
llmart |
Mar-25-06 03:29 PM |
#79 |
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If we join together and elect true progressives, not |
pokercat999 |
Mar-26-06 05:15 AM |
#93 |
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It is happening now |
SLCPUNK |
Mar-24-06 12:14 PM |
#33 |
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My yard shed would cost more than that here. (Portland) |
Buck Rabbit |
Mar-24-06 01:42 PM |
#38 |
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Well, it's not entirely red here. Louisville went for Kerry in '04. |
Roland99 |
Mar-24-06 03:47 PM |
#55 |
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The Boston market peaked in early 2005 IIRC |
Gormy Cuss |
Mar-24-06 03:23 PM |
#52 |
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I bet it's still a lot more than they paid for it, though. nt |
SmokingJacket |
Mar-24-06 04:56 PM |
#62 |
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month to month changes |
JABBS |
Mar-24-06 09:54 AM |
#15 |
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Highly volatile but whats the trend |
4dsc |
Mar-24-06 10:02 AM |
#17 |
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new homes today |
JABBS |
Mar-24-06 11:39 AM |
#28 |
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I live in Carolina Beach NC-Here they are building unsold |
carolinalady |
Mar-24-06 12:50 PM |
#37 |
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Was just there last Friday. |
pecwae |
Mar-24-06 03:17 PM |
#51 |
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Wait til people see quotes for a Homeowners policy! |
Wcross |
Mar-25-06 08:39 PM |
#81 |
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Record number of over 1 million unsold new houses! |
Democrats_win |
Mar-24-06 02:29 PM |
#43 |
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They just opened a new "Del Webb Sun City"; |
pokercat999 |
Mar-26-06 05:26 AM |
#94 |
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Yikes! |
David__77 |
Mar-24-06 10:13 AM |
#18 |
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Wierd. Things here are selling in a matter of days... n/t |
progressivebydesign |
Mar-24-06 10:17 AM |
#19 |
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Just curious, but where is "here"? |
Media_Lies_Daily |
Mar-24-06 10:43 AM |
#23 |
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Raise your hand if you're surprised. |
Prisoner_Number_Six |
Mar-24-06 11:09 AM |
#25 |
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we sold our house last summer and it was slowing down then |
newspeak |
Mar-24-06 11:34 AM |
#27 |
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just yesterday, homes sales posted thier BIGGEST gains |
gasperc |
Mar-24-06 11:48 AM |
#30 |
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AP story: New Home Sales Down by Most in 9 Years |
Judi Lynn |
Mar-24-06 12:49 PM |
#36 |
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this isn't the big bubble |
clar8130 |
Mar-24-06 01:48 PM |
#39 |
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There have been steep rises in foreclosure rates in |
MUAD_DIB |
Mar-24-06 02:43 PM |
#48 |
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ding-ding-ding... |
ljaycox |
Mar-26-06 09:16 PM |
#99 |
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Well, there goes any semblance of a Bush rosy "economy!" nt |
VegasWolf |
Mar-24-06 01:52 PM |
#40 |
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Real Estate is all LOCAL. |
Rockholm |
Mar-24-06 01:58 PM |
#41 |
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I am about one and a half hours north of there-see my post |
carolinalady |
Mar-24-06 02:25 PM |
#42 |
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Hey in my neck of the woods new home sales has undervalued |
izzybeans |
Mar-24-06 02:33 PM |
#44 |
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yeah, we can only hope for that---the farms are disappearing in CT fast |
wordpix2 |
Mar-25-06 10:16 PM |
#83 |
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New home sales for me has always been the wrong measure to |
izzybeans |
Mar-25-06 11:08 PM |
#87 |
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Welcome news for some people who can't afford to buy a house now |
tandot |
Mar-24-06 02:34 PM |
#45 |
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But you are likely to be able to do so. |
edwardlindy |
Mar-24-06 03:49 PM |
#56 |
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Our local market is still rather hot. |
missb |
Mar-24-06 02:37 PM |
#46 |
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This is very good news |
MathGuy |
Mar-24-06 03:33 PM |
#54 |
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Prices can't fall that far in new construction due to costs. |
PVK |
Mar-26-06 01:54 AM |
#91 |
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I hope this isn't too "republican" of me :-) |
C_U_L8R |
Mar-24-06 03:56 PM |
#57 |
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hahahaha |
wordpix2 |
Mar-25-06 10:16 PM |
#84 |
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Everyone forgets the speculation/rental market |
Porcupine |
Mar-24-06 04:29 PM |
#60 |
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Yes, probably many of these are the same people |
MathGuy |
Mar-24-06 04:43 PM |
#61 |
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I like 90 mi. outside of NYC & NYers have driven up price of real estate |
wordpix2 |
Mar-25-06 10:24 PM |
#85 |
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I know this first hand |
ellie |
Mar-24-06 05:01 PM |
#63 |
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We've been talking about a Depression coming well |
lovuian |
Mar-24-06 05:18 PM |
#64 |
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I keep waiting for the bubble to pop in Seattle |
geniph |
Mar-24-06 05:23 PM |
#65 |
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Well, if it is anything like Portland |
missb |
Mar-24-06 05:25 PM |
#66 |
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Nah, you've got Californians buying speculation property. |
Porcupine |
Mar-25-06 12:52 AM |
#70 |
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And there are two factors that have led us to this sorry state... |
sendero |
Mar-25-06 07:04 AM |
#76 |
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my friends bought a house in CT in late '80's for $200K--then bubble burst |
wordpix2 |
Mar-26-06 07:53 AM |
#95 |
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It's a tough business... |
sendero |
Mar-26-06 08:57 AM |
#96 |
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its been flat in fla w coast beach since the fall..n/t |
flyarm |
Mar-25-06 12:58 AM |
#72 |
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how much for a small detached home (2 br?) |
wordpix2 |
Mar-25-06 10:25 PM |
#86 |
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well i am on beach so its hight ..2 million!!those are still selling |
flyarm |
Mar-26-06 12:54 AM |
#90 |
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Easy question |
eridani |
Mar-25-06 03:44 AM |
#73 |
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"Lost ANOTHER Home to Ditech-Dot-Com!" |
BiggJawn |
Mar-25-06 09:04 AM |
#77 |
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Housing Market |
eagle owl |
Mar-25-06 03:05 PM |
#78 |
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Where could prices be this cheap today? |
harpboy_ak |
Mar-25-06 11:34 PM |
#88 |
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re:harpboy-ak |
eagle owl |
Mar-26-06 07:02 PM |
#97 |
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The sure haven't 'plunged' around here |
Raine |
Mar-25-06 06:08 PM |
#80 |
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About a year late but as long as it just fizzles it's okay with me |
nolabels |
Mar-25-06 10:13 PM |
#82 |
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houses in my area |
yamblaster200 |
Mar-25-06 11:47 PM |
#89 |
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Just opened a letter from our local HBA |
48percenter |
Mar-26-06 07:26 PM |
#98 |
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