I guess the law of supply and demand works after all. A great time to be looking for a home.
1 posted on
10/25/2008 6:07:17 AM PDT by
mlocher
To: mlocher
Are they confused by this? Home prices are really low, so homes are selling?
That’s like saying you don’t understand why there are so many people in prison when crime is the lowest in years!
2 posted on
10/25/2008 6:10:28 AM PDT by
autumnraine
(Churchill: " we shall fight in the fields and in the streets, we shall never surrender")
To: mlocher
My thoughts exactly. I bet the reporters were baffled that the two trends happened to coincide. Prices down, sales up. Who could have predicted that? Quick--somebody get Paul Krugman on the phone. He can give us a long complex explanation why the two are unrelated and why it is all the fault of Bush economic policies.
To: mlocher
Homes get more affordable and more are sold...duh. It really isn’t too hard for anyone but msm writers to figure out.
To: mlocher
Probably just wealthy libtards from the Upper West Side buying crack-shacks in Cleveland so they can vote in Ohio.
5 posted on
10/25/2008 6:24:53 AM PDT by
paddles
To: mlocher
It is a great time to invest in real estate...;)
as Warren says: Be fearful when others are greedy and greedy when others are fearful.
7 posted on
10/25/2008 6:58:33 AM PDT by
stefanbatory
(Do you want a President or a King?)
To: mlocher
and, isn't it possible, in fact probable, that home prices were overvalued before. And, isn't it possible that builders saturated the market with new construction that no one needed or wanted?? And, isn't it possible that these two possibilities, along with the mortgage mess, played a major role in the downturn in housing, and the economy in general.
8 posted on
10/25/2008 7:10:15 AM PDT by
elpadre
(nation)
To: mlocher
ROFLOL, the sales increased because they were counting in bank bought back at foreclosure as sells. The market is a long way from bottom. Actually one million foreclosed properties have been added to the unsold new homes. Inventory has increased.
In these time please try to stick to the facts.
9 posted on
10/25/2008 7:21:04 AM PDT by
org.whodat
( "the Whipped Dog Party" , what was formally the republicans.)
To: mlocher
Ohio home sales rose in September Prices continue their slide, howeverSaid as if the two aren't related.
If sales rise, the prices will stabilize at after a lag and then rise if sales continue to rise.
The author probably thinks we need another law or something....
10 posted on
10/25/2008 10:07:03 AM PDT by
SteamShovel
(Global Warming, the New Patriotism)
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