Housing Market May Not Be as Healthy as It Appears

sidfeinberg | Feb 27, 2013 02:04 PM ET WTF does an Economist know? He`s some egghead in an office making 40k a year. Look at the articles the past few days. New home builds are up, pending sales up, Schiller even said values are up an avg of 15% nationwide. Values have also gone up 45% in the past 3 years. All real estate news has been positive and it will only be positive. Everyone I know is making a killing buying and flipping homes. I`ve seen assignment of contracts for 50k, triple closings, and people lined up to buy condo conversions. Real estate is only going to go up. The smart money is i real estate and the dow. Both are kicking ass. Buy into both now or you will get priced out soon. RALLY ON !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! . . . . .

juDiamond | Feb 27, 2013 02:29 PM ET sidfeinberg WTF does an economist know? Definition of economist is he knows 10,000 ways to make love he just does not know any women.

NewDay12 | Feb 27, 2013 02:58 PM ET LOL...I agree...this is some $15 p/h clown who probably never even rented an apartment on his own....let alone invest in RE.

rjd65 | Feb 27, 2013 03:53 PM ET "There are other ways to address budget deficits without attacking tax advantages to homeownership," NAHB`s Crowe argued. "We would fight it to the tooth and nail." This is an unfair tax advantage, and a stupid deduction to allow. Canada has never had this. You buy a house, you pay for it. All this deduction does is artificially drive the price of homes up. Get rid of the deduction and the price of homes is normalized and sustainable once again. You, Mr Crowe, and those who think like you belong in prison.






Start a Conversation - Add Comments

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

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

Latest Comments

Home Prices Post Gains as Recovery Keeps Pace - We.are.being.played | Dec 26, 2012 09:05 AM ET I feel so good about the state of this mess - I\`m going to go out and buy, buy, buy! NOT!

TheCSW | Dec 26, 2012 09:... - by MattX5c

Beware the Escape Hatch in the New Mortgage Rules - Omniland | Jan 10, 2013 05:20 PM ET Just an example of government price fixing which will cause a mess in the housing market. What housing market business (appraiser, title company, mortgage lender, ... - by ThatG255

bigger down payment - johnnyvic | Jan 22, 2013 11:11 AM ET My last post was cut off... Yes, short term price increases can make people in the business a lot of money, or trick home occupiers into spending well beyond thei... - by hackman

Housing is a bright spot? - handballforlife | Jan 25, 2013 11:06 AM ET Housing is a joke until the crooks show us how many people aren`t paying there mortgage and how many homes they STILL have on there books...my guess is take... - by MN3

the housing is extremely abused - gee.la | Feb 11, 2013 01:22 PM ET The mentality of vanity is the central part for people to buy bigger house that in long term they cannot afford and the society cannot afford such a sick vanity. Two... - by bud755



Housing Market May Not Be as Healthy as It Appears

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!