Housing`s Repo Man Is Back

720MP | Dec 13, 2012 11:51 AM ET typical negative article

justdefacts | Dec 13, 2012 11:54 AM ET Why does the right-wing LYING Media keeps engaging in doom & gloom about real estate? Because they want you to rather than investing in your communities, which would be the result of you buying Homes to live in, to send your money like a good SLAVE to Wall Street to buy Gold & Stock certificates, so that the right-wing Media/Cabal behind the Wall Street gang can get Richer & Richer off you. Also when you do not buy a House to live in, beside not investing in your communities, you will be of course renting, which usually is from the Wall Street Land LORDS, which again is another reason for them to doom & gloom buying Homes and instead have you rent from them to make them Richer & Richer off you.

justdefacts | Dec 13, 2012 11:55 AM ET Also keep in mind: that after all avg House prices in NYC, where the Wall Street gang and the right-wing Media they control lives, is a staggering $2500 per Sqft and going higher while avg House prices in rest of USA is less than the truly pathetic $200 per Sqft, which is less than ALL developed Nations, in fact on par with most 3rd World countries.


GenerationX | Dec 13, 2012 12:05 PM ET The housing market will never go back to what it was during the boom. The foundation of subprime mortgages which that flawed market was based on is gone. Just let it all fall so we can rebuild a normal housing market again based on current wages and not gimmicky loan products. This means that prices will have to plummet to what 30-40 years of wage stagnation can afford.

rootman48 | Dec 13, 2012 12:19 PM ET It will be interesting to see the foreclosure rates in NJ and NY on properties wiped out by Sandy that homeowners insurance did not cover due to the high cost of flood insurance. While this might be 3-6 months down the road I believe it will have a significant impact when the numbers are disclosed.

StormT | Dec 13, 2012 12:21 PM ET Finally......an objective article from CNBC. Short sales are over 1/1/13 if they do not extend that exemption from the IRS. Personally, there is no rush to buy. But if you`re planning on being there for 10+ years and find a great deal.........do it!

StormT | Dec 13, 2012 12:22 PM ET There will be a lot of BK`s in the works if they stop short sales.

John9876 | Dec 13, 2012 12:29 PM ET Housing is floating on a sea of Fed printing.

antisocial | Dec 13, 2012 12:33 PM ET Repo Man Is Back . sell sell sell






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