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

Is it better to buy or rent a home? - Calvin Kramer
February 26, 201 I moved into the cheapest suburban rental I could find closest to work. Includes all utilities and is $275/month more than just the property taxes alone on th... - by CKHack

Foreclosure filings fall to lowest level since 2007 - humtake March 10, 2013 Quick, there is positive news!!! Hurry, get online and start complaining and whining about it and saying how wrong it is! Do everything you can to make sure the news is spoil... - by AgentQ

Is the Refi `Apocalypse` Really Upon Us? - LoganMohtashami | Jan 30, 2013 01:23 PM ET It`s here already Anyone who could refinance already did last year an barring a HARP 3.0 program all that is left is the scraps from HARP 2.0 I told you a w... - by HNNW8

McMansions Return: Why Big Houses Are Coming Back - sidfeinberg | Dec 17, 2012 12:00 PM ET ** You must buy now or you will be priced out *** You should up size your home as soon as possible, your neighbors will envy you. Values are going up at 15% per... - by PQzz

Best places to buy foreclosures - Paul1
March 20, 2013
Interesting everyone blames the bankers and lenders, and they are not without some blame but was a gun held to anyone`s head to make them sign the paperwork?? Each c... - by RandyJ



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!