Poll: Worst of U.S. housing slowdown over

Reuters ^ | 21 Nov 06 | Staff Reporter

[roaddog727]

NEW YORK - The worst of the United States’ housing market slowdown is over, economists forecast by nearly 2-to-1 in a Wall Street Journal online economic survey, the paper reported on its Web site on Tuesday.

But the economists still predict that the average selling price of a house will fall somewhat next year, it said.

[roaddog727]

Encouraging news from the hosing market front.

As always, have at it.

[jennyjenny]

NOOOOoooooooo!!!!!!11

[goldstategop]

LMAO! They forecast housing prices STILL falling! That's a deceptive headline. It ain't over til the Fat Lady sings.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

[gas0linealley]

"Encouraging news from the hosing market front."

Freudian slip?

[KarlInOhio]

The worst of the United States’ housing market slowdown is over,

al-Reuters figured that out by looking at the election results. If the Republicans had won the headline would be "The worst housing market slowdown of the United States expected to continue indefinitely"

[Lakeshark]

the hosing market

Heh. No comment......

:-)

[roaddog727]

Doh!

Spellchecker is my friend.....

But OTOH........

[Lakeshark]

Now that the Dems are gone, it's amazing just how fast the hosing housing bubble will shrink.......

[roaddog727]

So far, I haven't been hosed - but.......

[roaddog727]

"Now that the Dems are gone, it's amazing just how fast the hosing housing bubble will shrink......."

Yep. That and the Economy is just BOOMING.....

such crap.

[techcor]

Now that the Dems are in charge the MSM will do stories about how the drop in housing prices means more affordable homes for low income and minority families.

[Lakeshark]

So true.......great line.

Very funny.

[dalereed]

"Now that the Dems are in charge the MSM will do stories about how the drop in housing prices means more affordable homes for low income and minority families."

Not in So. Calif. where a small lot costs upwards of $250k and the up front fees before plancheck and permit fees are $40k and up, the lowest priced minimal shack will be well over $300k.

[glorgau]

Not in So. Calif. where a small lot costs upwards of $250k and the up front fees before plancheck and permit fees are $40k and up, the lowest priced minimal shack will be well over $300k.

So, prices _have_ come down!

[goldstategop]

If you go into crime-ridden areas you can find more desirable property. If you like to stay in after sundown behind a barred door and bolted down windows, it might just be your ticket to getting off the streets for good.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

[coloradan]

Stocks have reached a permanently high plateau, according to a poll of investors. Poll date: September, 1929.

[what's up]

I predict the real doom and gloom over housing will begin Feb or Mar 07 (after the Christmas season is completely over).

And a rebound will begin late 08.

[sr4402]

MSM changing their tune after Dem victory. Before, it was about the Housing Bubble. Now everything is fine. Do you wonder where the Bubble went??

[Herakles]

OK, who are these "economists" and who was it that said "ask 3 economists a question and get 5 different answers". So, if their information is so dead on why aren't they as rich as Bill Gates? Inquiring minds want to know!

[gas0linealley]

"Stocks have reached a permanently high plateau, according to a poll of investors. Poll date: September, 1929."

Great comment