Home Prices Log Best Gain Since 2006: Case-Shiller

sidfeinberg | Feb 26, 2013 09:06 AM ET As I always say,,,Buy now or get priced out. Real estate is up 6% in ONE month, you gotta love it. The recovery is in 5th gear and housing is leading the way. BUY NOW OR GET PRICED OUT !!! . .

Incredulous | Feb 26, 2013 09:11 AM ET Rah Rah Sis Boom Bah!

Incredulous | Feb 26, 2013 09:12 AM ET Sid Feinberg sells realestate in Las Vegas.

We.are.being.played | Feb 26, 2013 09:19 AM ET @sidfeinberg | Feb 26, 2013 09:06 AM ET You are the epitome of the classic pyscholigical profile of the retail investor. Things are topping - you get in. You follow lagging indicators. You are susceptible to suggestion, and you go in with both feet at once. Well ... consider an alternate view. What if the price rise is a lagging indicator partly due to an interim low bounce and partly due to the "wealth effect" due to the recent run up in equities? Just consider that House prices may move slightly higher (spring season) but - if the Markets don`t climb higher - house prices may drop. You do what you want - but, just consider.

NewDay12 | Feb 26, 2013 09:25 AM ET Interesting....hmmmmmm.......a guy I know in real estate said now is the time buy......he must be right after reading this :-):-) He must be a real expert......I`m happy he knows what`s best for me and my family :-):-)

Incredulous | Feb 26, 2013 09:29 AM ET NewDay12, that would be the government (one party - appearing to be two) that knows what`s best for you and your family.

sidfeinberg | Feb 26, 2013 09:29 AM ET @We.are.being.played , @Incredulous ************* Numbers don`t lie. The last 3 years have been nothing but meteoric rises in prices. How can you argue with 15% appreciation a year, and as the article says 6% in one month? The economy is exploding, the dow is at 14k and real estate is up 45% since 2009. Any smart money is buying real estate now and will continue to do so. I just outbid 9 investors on a home, list price was 59 and I bought for 108. My Realtors says it will be 150k in one year, so I`m almost making 50% on my money, I don`t think buying shotguns, bibles, gold coins and rice (what I assume you nuts do) is going to return 50% in one year . . .

Incredulous | Feb 26, 2013 09:33 AM ET @ Sid, If you`d bought guns and ammo just prior to the election you could have doubled your money. That`s 100% return in four months just in case your real-estate agent isn`t there to help you with the math. You aren`t the obnoxious guy on that Phoenix real estate TV show are you?

duck33 | Feb 26, 2013 09:35 AM ET 4,000 people at J P Morgan wish they did not have a mortgage right about now wondering if they will lose their twenty percent down when J P Morgan seizes their home.

MandyBrazil | Feb 26, 2013 09:35 AM ET home prices overall still very high






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Home Prices Log Best Gain Since 2006: Case-Shiller

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