National Association of Realtors: The rebound is always just around the corner! Spin! Spin! Spin! [ It's always a good time to buy!]
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
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The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
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2007
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September
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- Housing Graph. Case Shiller Index (Inflation Adjus...
- NAR Spins Data Once Again
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- David Lereah Says "They Were Wrong Too!"
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September
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One thing is for certain- in the corporate era of the last 30 years-lies, nonsense and finding new ways to deceive and chat people is the new American credo.
ReplyDeleteThe Nar fits that mold perfectly.
If anything like this happens here in the US, we won't be seeing a rebound for a bit. Ouch! Cutting credit:
ReplyDeletehttp://money.guardian.co.uk/news_/story/0,,2176781,00.html
or parsed (just in case):
http://money.guardian.co.uk/
news_/story/0,,2176781,00.html
Neil
wannabuy said...
ReplyDelete"If anything like this happens here in the US, we won't be seeing a rebound for a bit. Ouch! Cutting credit:
http://money.guardian.co.uk/news_/story/0,,2176781,00.html"
Why do you think cutting consumer credit would affect people buying homes? If prices ever dropped to the level you want them at, are you saying you'd still not buy if your credit card limits got cut? Are you counting on a cash advance for your down payment?
"f anything like this happens here in the US, we won't be seeing a rebound for a bit. "
ReplyDeleteNot true, we have already passed bottom. The bidding wars started again in May, ask lance.