the real estate increases is investor based

countdown_to_facebook_ipo | Feb 27, 2013 10:39 AM ET The Chinese are buying up all the distressed real estate. zerohedge/news/2013-01-22/chinese-politicians-are-buying-billions-us-real-estate Diana, who does your research, Bullwinkle? RALLY ON!!!

Earth_Scientist | Feb 27, 2013 10:43 AM ET Sounds like another bubble to me: many flippers out there. If you`re a real buyer, just be careful not to over-bid. Borrowers should make sure that they can walk away, if necessary, in case you pay double what it`s really worth, like back in 2007. Be smart, this time.

handballforlife | Feb 27, 2013 10:49 AM ET They`re putting up a huge complex in Antartica for the 1 percenters....they dont` want to be around when the riots start in this country

squirtbert007 | Feb 27, 2013 11:00 AM ET they dont` want to be around when the riots start in this country
.....WHAT! AND MISS ALL THE FUN?...We all have seen the videos of the 47%ers stripping WalleyMart bare! Even the Police in New Orleans were ....."Helping Themselves"!@

sidfeinberg | Feb 27, 2013 11:07 AM ET The news keeps getting better and better. You need to buy now or get priced out forever. Real estate up 15% each of the last 3 years and the dow at 14k. Obviously all the smart money is going into stocks and real estate. I`ve seen two apartment communities going to condos and I`ve seeing 100% financing available for the first time in years. When you have condo conversions and 100% financing, the market is really booming. You all need to buy now or you will be priced out . . . .

jeffreyj | Feb 27, 2013 11:10 AM ET 1. These are pending home sales. These are contracts where the people probably won`t get lending. Many contracts are drawn up and when it comes to underwriting, most cannot make the cut. Let`s remember that pre-approvals are about as good as appraisals.... 2. Contracts rose 4.5% in January. December numbers were revised down (this makes me laugh). So by revising the numbers lower, what is the real increase for January? 3. Most purchasers are investors buying for flipping/renting so the likelihood of these being occupied anytime soon (depending on the area) could be months from now. See #5 below... 4. Mortgage apps fell 5% last week. If less people are applying, I`m guessing pending home sales will be down in next month`s report. Thanks for teasing us today! 5. Reading the abo

jeffreyj | Feb 27, 2013 11:14 AM ET 5. Reading the above, it makes many wonder is housing going anywhere? Take a close look at the C&S Index. In the hot real estate markets, the purchasers are foreign investors paying cash because of the poor USD`s exchange rate. They aren`t even furnishing the homes. It`s purely a money play that isn`t benefiting the local economies - if you`re not living there, you`re not around to go out and do anything...

realdealagent | Feb 27, 2013 11:29 AM ET You must know someone in order to keep what you call a job as a news writer. You have zero info on who`s buying up all these homes you`re blabbing about. Certainly not middle class people. The timing of your atricles are perfect. Once a month there it is...same nonsense almost word for word. Nice you can cut & paste.

LoganMohtashami | Feb 27, 2013 11:31 AM ET What people are missing is now there is a chance you could have flat to negative YOY sales on existing homes as NAR ( Cheerleader) has already lowered it`s total sales to 5 Million. 2014 should have more inventory but affordability will be higher.... better get that jobs and income growth because this juiced up QE time frame is quietly coming to and end as I believe Fed stops QE in 2nd quarter 2014 and has to think of how to unwind that 4 trillion dollar balance sheet Logan Mohtashami

Bladeup | Feb 27, 2013 11:32 AM ET jeffreyj, You know why CNBC and the powers that be cut-off the paragraph on the comments as of late? Well, because that don`t want what`s being said here heard by the masses. My question is, what is the home ownership rate projection this year compared to last year? Jobs haven`t improved much over the last year and the real estate increases is investor based.






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