Home Re-Sales Jump Amid Mixed Economic Data

sidfeinberg | Dec 20, 2012 10:10 AM ET You must buy now or you will be priced out. Real estate is up 14% this year. You will see 20% gain in 2013 The housing market is booming, stocks are booming, unemployment way down. Thank You Mr Obama, keep it going for 8 more years

Gabsby | Dec 20, 2012 10:57 AM ET "You must buy now or you will be priced out." Will I be priced out "Forever"? Like the people who purchased a home late 2006 and realized a 50% haircut overnight? It will be forever before they get their credit rating back...LOL...Love the NAR Don`t forget the other NAR staples: All markets are different & God is not making any more land.

squirtbert007@aol | Dec 20, 2012 10:58 AM ET The nation`s inventory of existing homes for sale fell 3.8 percent during the month to 2.03 million, the lowest level since December 2001......Thanks to Super Storm Sandy! People need JOBS to buy Houses! The Federal Government is the only one hiring - and paying a "Living Wage"!!

EugeneDAlessio | Dec 20, 2012 11:06 AM ET thank the hedge funds for that move...they`re pumping up prices down here in Tampa and fighting over properties that those stupid slobs lost because they couldn`t fight the system......going on 4 yrs now without a payment....love the corruption and everybody I know jumped in on it.... thanks Lloyd you really did do Gods work for us

mtnr | Dec 20, 2012 11:08 AM ET Its booming all right. Realtytrac does not see a bottom in housing prices yet. The foreclosure moratorium begun about a year ago is coming to an end and millions of distressed properties in foreclosure pipeline AND millions more in foreclosed properties banks are still holding in their portfolios will hit the market and drive prices downward leaving all the people who bought homes over the last year in underwater crowd.

EASYA | Dec 20, 2012 11:09 AM ET It was fun while it lasted, but housing purchasers are back to irrational exuberance.

sidfeinberg | Dec 20, 2012 11:18 AM ET Will I be priced out "Forever"? Like the people who purchased a home late 2006 and realized a 50% haircut overnight? It will be forever before they get their credit rating back...LOL...Love the NAR Don`t forget the other NAR staples: All markets are different & God is not making any more land. ---------------------------------------------------------------------------------------- Do you think most people really care about their credit rating? it`s a complete myth and is a bank manipulated lie to keep everyone borrowing. (mine is fine, I just don`t use credit unless emergency) Housing is back and I (as well as most experts like Cramer and Tom Adkins) see a huge upswing coming. We may be back at 2006 prices very soon. CNBC has been wrong on a few things, but they have always nailed Real Estate






Start a Conversation - Add Comments

Your Comment: ( Please enter all fields and security code. )

Name:
Email:
Website:
Topic:
Comments:
 
Word Verification:
 

Latest Comments

Home Builder Dec 2012 - duck33 | Dec 4, 2012 10:05 AM ET History also shows us that the great depression was cause by the same banking cartel running amuck destroying the value of the countries housing with unpunished fraud... - by HDX74

Manhattan Property Sales Spike on Fears of Tax Hikes - americannovice | Jan 3, 2013 12:11 PM ET I do not recall CNBC informing us on this development until today which would have yielded a larger return on investment if we had known about this at its inc... - by 448XTC

Homeowners Rise Above Water on Mortgages - duck33 | Feb 21, 2013 11:29 AM ET If we had rule of law in this country none of this would every had happen. Guess what we still do not have rule of law so there is nothing keeping this from happenin... - by Kang5422

Wall Street gamble your 401K - daniherr | Dec 7, 2012 11:15 AM ET Now is not the time to be depressed. The employment figures are skyrocketing in spite of hurricane Sandy. Do not worry, Santa Obama will take care of you.
<... - by hand82

US Mortgage Applications Eased Again Last Week: MBA - jc18630 | Feb 27, 2013 07:30 AM ET As an aspiring homeowner, I can tell you that there is just not the supply out there to choose from. What is there is way over the price range of a first time homeb... - by YoungXT



Home Re-Sales Jump Amid Mixed Economic Data

Real Estate Agent Directory

Are you looking for a real estate agent in your area? At housing news blog, you can search for your local realtor and real estate service by using our agent search features.

Real Estate Agent Directory

Get listed!

Are you a real estate agent? Get listed for free with us! Complete a real estate agent profile form and get listed in a few days. Click on the link below to get started!

Free agent profile!