Lessons From the Foreclosure Front Lines
A recently transplanted New Yorker named Michael Houtkin won the bidding on a one-bedroom condominium on the outskirts of Boca Raton, a few blocks from three golf courses, for the incredible price of $30,000. Things were almost being given away, he said later…The glut of foreclosed homes creates a self-reinforcing cycle. Falling prices lead to…
It is not a question of some asshats coming and pricing people out of neighborhoods. It is a culture of idiots who thanks to the help of the government and banks started a cycle of low interest rates that allowed real estate brokers and home flippers to inlfate the home prices and not the home values beyond what a smart person would value a home.
NAR chief economist Lawrence Yun said, “Every word out of my mouth prior to this moment has been a lie. I lied during the bubble. I lied during the bust, which is worsening as we speak. I’ve actually mastered the art of sleep lying.”
Oh I don’t feel I am entitled to anything I just know that I have a credit score of 765 and I don’t own a home while some people with subprime mortgages refinanced and still want more money from my tax paying hieny. No handouts for me none for the free loaders. I will be glad to join the long list of forclosed homeowers.
Discuss this…
April 23 (Bloomberg) — Sales of existing U.S. homes in
March stayed near a four-month average, and prices rose from
February, a sign the housing recession has stopped getting
worse.
While today’s figures from the National Association of
Realtors showed purchases fell more than forecast to an annual rate of 4.57 million, economists noted that the sales level is hovering near the level it reached in November.
Prices for home resales posted their biggest monthly gain since June 2005, and NAR chief economist Lawrence Yun said that some regions are seeing multiple bids on properties.
I did, at 1:11…it was just too subtle for you to recognize.
Diversity. The only people that talk about diversity are white people who grew up in white bread communities.
>> That’s not really the definition of entitlement in the context of what hannible posted. So, you deserve no more of a response than Whuh got.
So what is your definition of entitlement in the context of what hannible posted? It’s a simple question. You must have some notion of it, no matter how befuddled, given that you used the word before Whuh even posted.
What…I posed a question to you in the HOTD thread. Do you own property on that street???
Dave, maybe you could clear something else up for me. Who is the most prolific, least rational, most ad hominem, and most vulgar poster on this board?
I thought it was me, right?
The What (Right?)
Someday this war is gonna end…