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Bernanke blowing hot air into California housing.
1 posted on 05/21/2013 8:45:31 AM PDT by whitedog57
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To: whitedog57

Prices booming, sales not so much. Until there is much more correction both won’t be coinciding.


2 posted on 05/21/2013 8:47:41 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: whitedog57

not good to use ‘ on fire’ to describe real estate.. imho ;-]


3 posted on 05/21/2013 8:48:34 AM PDT by NormsRevenge (Semper Fi)
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To: whitedog57

Stockton and Vallejo ... two bankrupt cities. Yeah, I want to live there. Not.


4 posted on 05/21/2013 8:49:58 AM PDT by Fast Moving Angel (A moral wrong is not a civil right: No religious sanction of an irreligious act.)
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To: whitedog57

I have a doctor couple looking in Vegas... its crazy!! you have ten offers on a property before noon!! and the want you waive the apprasail!

Not that way here in Atl... its picking up a bit... but not like Vegas.


5 posted on 05/21/2013 9:06:25 AM PDT by wyowolf
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To: whitedog57

Honestly, it is really pretty crazy in CA for housing, but it appears to be investors that are doing much of the bidding up. A couple people I work with had trouble finding homes - being outbid, competing against cash offers, etc. It’s weird.


10 posted on 05/21/2013 9:36:06 AM PDT by FightforFreedomCA (...and I don't care.)
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To: whitedog57

If he can blow that hot air long enough for me to sell 22 acres in Santa Clarita I say blow away. I need a developer to buy it. If I never have to look at that piece of land again I’ll be happy. I want to buy more land here in North Idaho where it’s still cheap.


12 posted on 05/21/2013 10:46:07 AM PDT by Ribeye (Protective headwear courtesy of Reynolds Aluminum Products- Extra-cranial RF Suppression Division)
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To: whitedog57
Here is the FNC house 30 metro area house price index against the Fed Funds rate.

Where? I don't see it.

13 posted on 05/21/2013 10:51:46 AM PDT by humblegunner
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To: whitedog57

...say commies who are dependent on government for incomes (most folks in politics). They want property taxes to go up instead of down, so they lie and steal to get more.


15 posted on 05/21/2013 12:04:32 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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