Forum
- Home
- Forum
Notifications
Clear all
Topic starter
[color="Navy"]Keep up on the latest, daily, on the most horrific real estate price collapse since the Dark Ages, that will take the American economy down to the point that it will totally destroy the middle class.
[color="Red"]Real Estate Decline.com
Real Estate Decline.com hits 250,000 page visits
A big thanks to our readers for 1/4 million page visits to this site!!
TODAY'S TOP bubble NEWS!
---
Real Estate Crash "quote of the day":
"This will be worse than the NASDAQ crash" - economist
Home prices dropping in North San Diego County
Home Prices Slip in North County
Another brick to push down home prices: RECESSION!
Economist predicts recession
Uh Oh, Spagetti-oh's
Real Estate Recession Coming
The crash has just started so, of course, things will only get worse!
D.R. Horton CEO says 2007 will be worse than 2006
Home Values drop, year over year, in SW Washington / Oregon!
"The east side of Medford was the center of the drop, with the median price on 58 sales plunging 10 percent, from $295,950 to $267,000, in August 2005."
Jackson County median home prices fall first time since 1984
Buyers awaiting lower prices
Rising Inventories Bring Falling Home Prices - SeekingAlpha
Real estate insiders blame media for "creating the housing bubble"
Marin, California real estate broker "shouts-out" against bubble blogger
Marin Real Estate Bubble: Local Broker Slams This Blog
David Lereah the Abby Joseph Cohen of the US real estate bubble?
"With the US housing market building towards what could be a momentous bust, who will be remembered as the Henry Blodget or Abby Joseph Cohen of the US real estate bubble 5-years from now? There can be only one."
And the Award Goes To…
California home values already crashed to 2004 levels?
Can it be so soon in the game that people cant get what they paid for their home in 2004?
with audio
(forsakencraft.com)
Annapolis, Maryland are sees median home prices fall for 3rd straight month!
Median home price falls $7,000 in on 3 months!
Median price of home in county: $344,878
Phoenix home prices drop below last years levels!
Home prices in Valley continue to fall
Del Mar, California Condos dropping in price?
in 2004, Del Mar Bluffs condos were triple the price of 2001. Now they have dropped back down to double the price. Will they keep falling down to 2001 levels?
Bubble Markets Inventory Tracking: City in Focus: Del Mar Part II
As mortgage foreclosures rise, many people defaulting on their very first payment!
Housing Market's Landing Will Get Rougher
Sacramento, California Home Values continue steady decline
Already more than $20K lower than Aug 2005 price
HousingTracker: Median Home Price & Inventory Data for Sacramento, California
This is what happens when you buy at the peak of a bubble
Help! Home for sale
And they told you that mortgage rates would need to skyrocket for home values to drop
Housing Market Sinking, But Mortage Rates Still Near Historic Lows - SeekingAlpha
For more articles and their links ...>>
http://www.homepricebubble.com/
-
-
-
All is for naught without a good edJEW(K)shen.
[ Educational sites ]
Posted : 13/09/2006 7:31 am
How can it be otherwise? Wages, not only wages adjusted for inflation have gone nowhere since the late 90's. We have lost all the good paying IT and engineering jobs to outsourcing overseas. Manufacturing jobs decline everyday. The average idiot is very easy to deceive. What they have done is create a speculative bubble with liquidity provided by Japan and China's surplus trade dollars funneled into the bond market. The banks have abolished any lending standards - no money down, no credit checks, mortgage payments that equal 50-60% of the gross monthly salary. Hurry up and buy scream the idiotic and parasitic realtors before this 2 bedroom mobile home costs a million bucks.
Those idiots who have not bought new homes that are double and triple their real value have increased their debt level by taking out home equity loans against this mythical appreciation in value. Hey says the banker your home is worth $100,000 more than last year why not take out a home equity loan with a 3 year ARM interest only. It will only increase your payment $250 a month. Sure says the idiotic lemming I can use a new Humvee and a plasma screen TV to watch my Nigger-ball this fall. Then maybe, as the idiotic lemming starts to fall behind, he takes out another HEL to keep pace with his already overloaded payments; now he owes $450,000 on a house that he purchased for $180,000 and is really only worth about the same as he originally paid for it.
This housing bubble has been the biggest scam the Jew bankers have pulled yet. Get all the junkies to go on the hook for trillions of dollars to keep money in the circular flow of the economy to keep up consumer spending. It allowed Bootch and the NeoKikes to say the economy was expanding when all that was really expanding was debt and credit.
Posted : 13/09/2006 8:03 am
That's a great overview of the bigger picture there Augustus.
To those living in places that are not in decline yet (midwest): Consider selling your house now and renting for a few years. If your (hopefully 30 yr fixed) mortgage is still relatively new, you're paying mostly interest anyway. You could turn all that 'appreciation' that may dissappear this year into something that will hold its value. This is a way to cash in on the bubble the right way.
Posted : 13/09/2006 12:30 pm