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December 23, 2008 at 10:49 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319324December 23, 2008 at 10:49 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319678
Ex-SD
ParticipantFrom The L.A. Times:
“Sales of existing homes declined 8.6% last month, to a seasonally adjusted rate of 4.49 million, according to the National Assn. of Realtors. The median price of a home plunged 13% from October to November, to $181,300 from $208,000 a year ago. That was the lowest price since February 2004 …
The Commerce Department also reported that new home sales dropped to a seasonally adjusted annual rate of 407,000 in November, from a downwardly revised rate of 419,000 in October.
Housing values have plummeted since the peak of the market in July 2006, when the median home price in America was $230,200.
The Commerce Department said that the median price of a new home sold in November was $220,400, down 11.5% from the period a year ago. It was the biggest year-over-year price decline since a 12.7% drop in March.
The capper on those existing home sales figures: 45% of all were distressed or foreclosure related. And it isn’t nearly over yet.”
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My comment is:
Does this information make you believe that now is a good time to buy?December 23, 2008 at 10:49 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319727Ex-SD
ParticipantFrom The L.A. Times:
“Sales of existing homes declined 8.6% last month, to a seasonally adjusted rate of 4.49 million, according to the National Assn. of Realtors. The median price of a home plunged 13% from October to November, to $181,300 from $208,000 a year ago. That was the lowest price since February 2004 …
The Commerce Department also reported that new home sales dropped to a seasonally adjusted annual rate of 407,000 in November, from a downwardly revised rate of 419,000 in October.
Housing values have plummeted since the peak of the market in July 2006, when the median home price in America was $230,200.
The Commerce Department said that the median price of a new home sold in November was $220,400, down 11.5% from the period a year ago. It was the biggest year-over-year price decline since a 12.7% drop in March.
The capper on those existing home sales figures: 45% of all were distressed or foreclosure related. And it isn’t nearly over yet.”
__________________________________________
My comment is:
Does this information make you believe that now is a good time to buy?December 23, 2008 at 10:49 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319744Ex-SD
ParticipantFrom The L.A. Times:
“Sales of existing homes declined 8.6% last month, to a seasonally adjusted rate of 4.49 million, according to the National Assn. of Realtors. The median price of a home plunged 13% from October to November, to $181,300 from $208,000 a year ago. That was the lowest price since February 2004 …
The Commerce Department also reported that new home sales dropped to a seasonally adjusted annual rate of 407,000 in November, from a downwardly revised rate of 419,000 in October.
Housing values have plummeted since the peak of the market in July 2006, when the median home price in America was $230,200.
The Commerce Department said that the median price of a new home sold in November was $220,400, down 11.5% from the period a year ago. It was the biggest year-over-year price decline since a 12.7% drop in March.
The capper on those existing home sales figures: 45% of all were distressed or foreclosure related. And it isn’t nearly over yet.”
__________________________________________
My comment is:
Does this information make you believe that now is a good time to buy?December 23, 2008 at 10:49 AM in reply to: Fortune Magazine: 10 Worst Real Estate Markets for 2009 #319829Ex-SD
ParticipantFrom The L.A. Times:
“Sales of existing homes declined 8.6% last month, to a seasonally adjusted rate of 4.49 million, according to the National Assn. of Realtors. The median price of a home plunged 13% from October to November, to $181,300 from $208,000 a year ago. That was the lowest price since February 2004 …
The Commerce Department also reported that new home sales dropped to a seasonally adjusted annual rate of 407,000 in November, from a downwardly revised rate of 419,000 in October.
Housing values have plummeted since the peak of the market in July 2006, when the median home price in America was $230,200.
The Commerce Department said that the median price of a new home sold in November was $220,400, down 11.5% from the period a year ago. It was the biggest year-over-year price decline since a 12.7% drop in March.
The capper on those existing home sales figures: 45% of all were distressed or foreclosure related. And it isn’t nearly over yet.”
__________________________________________
My comment is:
Does this information make you believe that now is a good time to buy?Ex-SD
ParticipantI agree. Peace
Ex-SD
ParticipantI agree. Peace
Ex-SD
ParticipantI agree. Peace
Ex-SD
ParticipantI agree. Peace
Ex-SD
ParticipantI agree. Peace
Ex-SD
ParticipantBreeze: From your many, many idiotic, political posts, I (and I’m sure, many others on this forum) have concluded that you’re an angry, disillusioned person who can only see things one way…………….The WRONG WAY. But, you keep on heading down your own path and see how far you get in life……….because if you’re this foolish about the things you post on here, it has to be your pattern of behavior with everything else in your life.
You’d be wise to seek some competent, psychiatric assistance.Ex-SD
ParticipantBreeze: From your many, many idiotic, political posts, I (and I’m sure, many others on this forum) have concluded that you’re an angry, disillusioned person who can only see things one way…………….The WRONG WAY. But, you keep on heading down your own path and see how far you get in life……….because if you’re this foolish about the things you post on here, it has to be your pattern of behavior with everything else in your life.
You’d be wise to seek some competent, psychiatric assistance.Ex-SD
ParticipantBreeze: From your many, many idiotic, political posts, I (and I’m sure, many others on this forum) have concluded that you’re an angry, disillusioned person who can only see things one way…………….The WRONG WAY. But, you keep on heading down your own path and see how far you get in life……….because if you’re this foolish about the things you post on here, it has to be your pattern of behavior with everything else in your life.
You’d be wise to seek some competent, psychiatric assistance.Ex-SD
ParticipantBreeze: From your many, many idiotic, political posts, I (and I’m sure, many others on this forum) have concluded that you’re an angry, disillusioned person who can only see things one way…………….The WRONG WAY. But, you keep on heading down your own path and see how far you get in life……….because if you’re this foolish about the things you post on here, it has to be your pattern of behavior with everything else in your life.
You’d be wise to seek some competent, psychiatric assistance.Ex-SD
ParticipantBreeze: From your many, many idiotic, political posts, I (and I’m sure, many others on this forum) have concluded that you’re an angry, disillusioned person who can only see things one way…………….The WRONG WAY. But, you keep on heading down your own path and see how far you get in life……….because if you’re this foolish about the things you post on here, it has to be your pattern of behavior with everything else in your life.
You’d be wise to seek some competent, psychiatric assistance. -
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