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Author Topic: Contradiction  (Read 2449 times)

tombogan03884

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Contradiction
« on: January 25, 2010, 11:33:09 AM »
 Are these 2 headlines contradictory ? I am posting them in the same order they appeared in Yahoo news

http://news.yahoo.com/s/ap/20100125/ap_on_bi_ge/us_nabe_survey

Economic survey: Slow recovery continues

http://news.yahoo.com/s/ap/20100125/ap_on_bi_ge/us_home_sales

December home sales down nearly 17 percent

Doesn't sound like recovery to me.
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graywolf

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Re: Contradiction
« Reply #1 on: January 25, 2010, 03:16:57 PM »
In the words of George Orwell..."DoubleSpeak"
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bulldog75

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Re: Contradiction
« Reply #2 on: January 25, 2010, 03:45:36 PM »
How to tell if he is lying. His lips are moving, must be lying.
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Solus

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Re: Contradiction
« Reply #3 on: January 25, 2010, 05:04:53 PM »
I program for 1st time buyers expired in early december, I think it was.

Nov. home sales were inflated with folks jumping to take advantage of the deal, so Dec. sales took a relative drop...have no idea how they looked compared to Oct. sales.
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MikeBjerum

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Re: Contradiction
« Reply #4 on: January 25, 2010, 05:31:02 PM »
Quote from: Solus on January 25, 2010, 05:04:53 PM
I program for 1st time buyers expired in early december, I think it was.

Nov. home sales were inflated with folks jumping to take advantage of the deal, so Dec. sales took a relative drop...have no idea how they looked compared to Oct. sales.

The program was extended another six months.  However, buyers are having a hard time making the purchases with sellers and agents jacking up the prices to use up the benefit  >:(
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Sponsor

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Re: Contradiction
« Reply #5 on: Today at 11:45:52 AM »
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twyacht

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Re: Contradiction
« Reply #5 on: January 25, 2010, 05:40:33 PM »
Plus with the banks, now being "charged a fee" whether they received bailout money or not, and the FDIC premiums banks pay for the gov't to insure deposits of less than $250,000, they have gone up.

Lending is still tight. and I find it funny, as Limbaugh always reads the Jobs reports, and unemployment figures from the MSM and they are always "unexpected".. Job losses "unexpectedly" rose during December.

CNN did a recent story along the same lines. Unemployment is up BUT at least it's not up as much,...... ???

How are those "shovel ready jobs" doing???? How's the border wall coming along, bridges, highways, infrastructure,.....etc,......

It's all a scam...
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Pathfinder

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Re: Contradiction
« Reply #6 on: January 25, 2010, 06:35:03 PM »
Quote from: m58 on January 25, 2010, 05:31:02 PM
The program was extended another six months.  However, buyers are having a hard time making the purchases with sellers and agents jacking up the prices to use up the benefit  >:(

Very true here. The local company in our development has sold three ground-up (nothing but a lot to finished home) in the last half of last year, after the program went into effect. They then took the model home off the market at $129,000, using another spec house as the model. They finished the lower level (roughly an $1800 list upgrade), put in central heat and a/c (it had baseboards, the furnace & a/c list is about a $6500 upgrade). A few other odds and ends - cleaning, patching, painting, etc, nothing major. It is now on the market at $157,000. Nope, no gouging there!
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twyacht

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Re: Contradiction
« Reply #7 on: January 25, 2010, 06:48:01 PM »
Quote from: Pathfinder on January 25, 2010, 06:35:03 PM
Very true here. The local company in our development has sold three ground-up (nothing but a lot to finished home) in the last half of last year, after the program went into effect. They then took the model home off the market at $129,000, using another spec house as the model. They finished the lower level (roughly an $1800 list upgrade), put in central heat and a/c (it had baseboards, the furnace & a/c list is about a $6500 upgrade). A few other odds and ends - cleaning, patching, painting, etc, nothing major. It is now on the market at $157,000. Nope, no gouging there!

Depends on the geography, Florida home prices have been dropping, last year for me was about 18%. Houses that were $300,000 are now available for $225,000- $275,000 ish.....

For sure, here anyway, not a sellers market.



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Col. Jeff Cooper.

pops1911

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Re: Contradiction
« Reply #8 on: January 26, 2010, 07:27:11 AM »
Quote from: twyacht on January 25, 2010, 06:48:01 PM
Depends on the geography, Florida home prices have been dropping, last year for me was about 18%. Houses that were $300,000 are now available for $225,000- $275,000 ish.....

Yes, but the Fla home prices were artificially inflated - at least here in Brevard County. I could buy a home anywhere else in Fla cheaper than Brevard for the same house. Now the prices have dropped to a reasonable level & with the Cape going under by April, they will drop big again! Not to mention the economy thanks to BHo!!!
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twyacht

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Re: Contradiction
« Reply #9 on: January 26, 2010, 05:50:08 PM »
They were artificially inflated for sure, the "correction" was just a matter of time.... the ensuing foreclosures also dragged the prices all down..

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Thomas Jefferson: The strongest reason for the people to keep and bear arms is, as a last resort, to protect themselves against the tyranny of government. That is why our masters in Washington are so anxious to disarm us. They are not afraid of criminals. They are afraid of a populace which cannot be subdued by tyrants."
Col. Jeff Cooper.
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