I call and raise you, total Bullsh*t !
” Detroit posted their biggest year-over-year increases of 9.9% and 13.6% “
Sales up, in Detroit !? 13% INCREASES on homes you can get for one thousand bucks !
Sales are up in Las Vegas but it is not individual buyers, it is institutional. Large companies have bought up the best foreclosures and then re-listed the same property for close to double the original price paid.
Las Vegas real estate right now is pure speculation by private equity .
This is just more ‘ All is well, do not run , do not panic ‘ bullsh*t.
Exactly...
And could one guess those private equity interests speak English with Chinese accents?
60-70% of Miami sales are to foreigners looking to park cash safely away from their socialist masters. 90% of those deals are all cash.