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Housing Double Dip a Done Deal
cnbc.com ^ | 6/2/10 | Diana Olick

Posted on 06/02/2010 11:28:35 AM PDT by moose2004

Everybody take a nice long look at today's Pending Home Sales Index from the National Association of Realtors, because it's just about the last positive picture we're going to see for a while.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: realestate; recession
No wonder we stopped hearing the words "green shoots" from the WH and their good friends in the MSM.
1 posted on 06/02/2010 11:28:36 AM PDT by moose2004
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To: moose2004

Can’t even read it anymore.


2 posted on 06/02/2010 11:30:16 AM PDT by RockinRight (I can see November from here!)
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To: moose2004

It’s not a double dip - prices just haven’t reached their true equilibrium yet. That will be when they get back to historic norms of affordability.


3 posted on 06/02/2010 11:30:50 AM PDT by glorgau
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To: moose2004

Im looking to buy !
maybe


4 posted on 06/02/2010 11:31:01 AM PDT by ßuddaßudd (7 days - 7 ways Guero >>> with a floating, shifting, ever changing persona.....)
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To: moose2004; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; genetic homophobe; ...
Keynesian idiots. They are just so smart they can do what the USSR and PRC failed at, manage a huge economy by managing us.
5 posted on 06/02/2010 11:31:51 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs

You don’t get it. Communism is perfect, the only thing about it is that the wrong people were in charge. Yes, they actually think that!!!!


6 posted on 06/02/2010 11:34:49 AM PDT by MollyKuehl (Contribute to FR: $10 $20 $50 $100 REMEMBER, LURKING IS A FORM OF ENTITLEMENT!!!)
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To: sickoflibs

Kenyanesian idiots.


7 posted on 06/02/2010 11:40:29 AM PDT by Paladin2
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To: MollyKuehl
LMAO! Nailed It!!!

((Sad but true....))

8 posted on 06/02/2010 11:41:31 AM PDT by BossLady (No More Corona in Arizona!!!!!!!!!!!!)
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To: MollyKuehl
RE :”You don’t get it.

LOL, Also communism didnt have a moving dynamic figure like Obama who only had to say ‘words’ to make them true in our eyes. If he says ‘green shoots’ we see green shoots. If he says plug the hole to us it is plugged.

9 posted on 06/02/2010 11:43:06 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: moose2004

If CNBC says it’s time to sell.......BUY!


10 posted on 06/02/2010 11:55:59 AM PDT by CRBDeuce (here, while the internet is still free of the Fairness Doctrine)
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To: glorgau

I think one problem is going to be the physical condition of many houses either headed to foreclosure or already there. People stop caring, plus they have to be careful what they spend, they simply let the properties deteriorate.


11 posted on 06/02/2010 11:56:47 AM PDT by moose2004 (Stand up, speak out and stop Obamacare and GE)
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To: ßuddaßudd

I’m looking to sell. Suburb of Wilmington, DE.


12 posted on 06/02/2010 12:04:44 PM PDT by NTHockey (Rules of engagement #1: Take no prisoners)
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To: Paladin2

“Kenyanesian idiots.”
////////////////////////////////////////////////////////////

Perfect, I like that a lot.


13 posted on 06/02/2010 12:28:33 PM PDT by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
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To: NTHockey

Me too. Southeastern NH, has 20’ of lake frontage as well.


14 posted on 06/02/2010 12:29:46 PM PDT by Semper Vigilantis (The road goes on forever and the party never ends)
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To: ßuddaßudd

I can help you with that if you’d like.


15 posted on 06/02/2010 12:43:57 PM PDT by stefanbatory (Weed out the RINOs! Sign the pledge. conservativepledge.org)
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To: ßuddaßudd
Im looking to buy !

'Tis a great time, esp in the upper end of the market. Realtor told me that anything above 300K (upper end, in my area, median is around 170-180K) is selling at about 20% discount or more.

16 posted on 06/02/2010 12:44:27 PM PDT by wbill
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