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






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Home Re-Sales Jump Amid Mixed Economic Data

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