Warning: session_start() [function.session-start]: open(/home/content/14/5809414/tmp/sess_o1d0d1fem9che8uiv8nba92fi6, O_RDWR) failed: No such file or directory (2) in /home/content/14/5809414/html/_comment.php on line 14

Warning: session_start() [function.session-start]: Cannot send session cookie - headers already sent by (output started at /home/content/14/5809414/html/_comment.php:14) in /home/content/14/5809414/html/_comment.php on line 14

Warning: session_start() [function.session-start]: Cannot send session cache limiter - headers already sent (output started at /home/content/14/5809414/html/_comment.php:14) in /home/content/14/5809414/html/_comment.php on line 14
house prices are up doesn`t mean that sales are up

house prices are up doesn`t mean that sales are up

SnowByrd51 | Feb 26, 2013 09:38 AM ET Hello!! Just because prices are up doesn`t mean that sales are up!! Could it be that the distressed housing market has already been bought up by investors. In engineering we call this "Manipulation of Data" Don`t let yourself get fooled. Things are not as rosy as the Scam artists want you to believe.

antisocial | Feb 26, 2013 09:41 AM ET this is entertainment news at its best... one day OMG the sky is falling the next peaches and roses are falling from the sky. lets party...

We.are.being.played | Feb 26, 2013 09:45 AM ET @sidfeinberg | Feb 26, 2013 09:29 AM ET ************* 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. ************* Sid ... Consider the numbers under this light. The drop in prices from the peaks has been arguably - 40 to 75% (depending on where you live). The "meteoric rises" is from a significantly lower price base - so if you use your 45% rise from a 40% base ... that`s at most an 18% retracement of the original peak. All good - but, remember my point is - Will it continue?

His_Name_Is_Barry | Feb 26, 2013 09:49 AM ET @MandyBrazil:home prices overall still very high Says who, you? I think they are very low. It doesn`t matter what we think, only reality matters. So I ask, is the reality lower or higher prices?

Incredulous | Feb 26, 2013 09:50 AM ET @ Mandy - only very high compared to what they are actually worth. In all other respects the prices are low and offer excellent buying ops. Where I live in eastern NC not even the water front prices are moving much, and neither is the property.

Antispeculator | Feb 26, 2013 09:57 AM ET So, let me get this right, home prices have their biggest gains in December, yet we are just hearing about it two months later? No matter how you slice it BS is BS!

brian43 | Feb 26, 2013 09:59 AM ET Like stocks etc.. This is nothing more than a retracement rally in home prices.They will be heading back down.All 1 has to understand is some basic economics.

Market_opinion | Feb 26, 2013 10:03 AM ET But who will pay $16 trillion debt??? It will increase to $25 in the next 10 years.. Spending cuts need to be in place.... Pension are doubled....How can you pay pension of $2.8 every year????

jescott418 | Feb 26, 2013 10:05 AM ET People I have talked to in housing say buyers are getting in because they are affraid if they don`t they will loose out on the low interest. But some are also worrying that people are squeezing in a home purchase which could also lead to another round of forclosures if things in the job market go south.

FACTcheck | Feb 26, 2013 10:06 AM ET Of course the index leaves out 4 of the nations largest metros, including Philadelphia and Houston. Nothing like selective picking, eh?






Start a Conversation - Add Comments

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

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

Latest Comments

What Home Buyers Want - seveneleven | Feb 25, 2013 03:17 PM ET If I can usually keep my electricity bill b/w $25 and $35 per month,I know most americans with a little knowledge could drastically reduce their bills.My gas bi... - by limo722

Can I keep my mortgage deduction - CraigBean | Dec 5, 2012 04:41 PM ET At least kill it for 2nd homes, and perhaps lower the cap. Anyone buying a 2nd home can make do without the rest of us subsidizing their purchase, same for the hig... - by JBT722

most newly originated Agency mortgages are underwritten - scottm1207 | Dec 26, 2012 10:14 AM ET And the Gubmint keeps trying to interfere with perfectly good markets to make the unreal, real. Keep blasting money out there on borrowed time and false promi... - by Acc455

Consumer Sentiment Plunges in December - Its.all.about.Demographics | Dec 7, 2012 10:15 AM ET Hmmm ... I wonder if the American consumer is starting to wake up and smell the coffee? Too bad - it`s just in time for the Christmas retail seaso... - by trailer487

Interest rates skyrocketed along with inflation and home values - Geno Bronzi
February 26, 201 Increasing landlord expenses are never automatic passthrough costs to the end user.


Vincent Wolf
February 22, 201 In the 1950`s ... - by Kid4z



house prices are up doesn`t mean that sales are up

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!



Warning: Unknown: open(/home/content/14/5809414/tmp/sess_o1d0d1fem9che8uiv8nba92fi6, O_RDWR) failed: No such file or directory (2) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0