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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: MrEdd
Well, we're right in the middle of it, and the neighbors couldn't be happier. Of course, no one seems to realize why it's specifically Chinese and why they're paying cash.

Hmmm, print $multi-trillions, send a lot of to China for goods no longer made in the USA. And oh, by the way, keep printing $billions more so that those very same Chinese now holding cash want to get rid of it as soon as possible?

Gee, where should it go?

8 posted on 05/21/2013 9:25:57 AM PDT by semantic
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To: MrEdd
Prices booming, sales not so much. Until there is much more correction both won’t be coinciding.

Prices and sales here in the CA central valley are both booming. Last year, it took about a year to sell a house. Now they are selling in weeks.

It's not all good news - this new boom has been too much, too fast. We've seen it all before. It will be followed by another bust if it isn't tempered soon.
9 posted on 05/21/2013 9:27:12 AM PDT by yorkiemom
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