Consumers, agents and in general Humans must have a paradigm shift... Thank you Mr Liniger.. for raising our awareness.. have the best days of your life... Blessings..
@Santuario70 You did notice that the retail numbers for last month were just corrected today right. Sales up! .01%. The house of cards is getting awfully flimsy; gas prices should hit $5.00 by summertime as the artificial repression during Christmas has ended with a quickness; as our beloved government tried to keep the maximum amount of cash in consumers hands over the holidays. I wonder how much the payoffs for that favor will cost us under the table, behind their closed door.
@vaughnparry you make some good points. if the global economy continues to tank and drags the US recovery down with it, the real estate parameters will change. but prices near $50K for a lot are not likely to change much in places like portland. that has got to be pretty much the bottom. prices should still stabilize, if only driven by investors alone. i still think home prices will rise by the end of the year. and note that retail sales have almost nothing to do with real estate.
@Santuario70 I hope that you are right and I am not. I really do, but we are in a global economy as they say and Europe is about to have a financial crisis that is going to make our look like a road bump. China has a housing bubble that is going to make ours look like a pop. Retail sales were up over Christmas because it's the first time American's have gone back into debt for the holidays. We are going into an economic winter for the next decade we are nowhere near the bottom.
@vaughnparry ... in some parts of the country, reached (or come very close) to the bottom in prices, and they will continue to buy as prices start to rise. I'm not a rich investor - i work 48 hrs per week and have $10K in the bank - but i receive watch lists of properties at certain values, and every time i know it's a good deal, so does everyone else - i've seen properties in the last 3 months with 11 offers on them. Believe me, prices have to become stable this year and start rising.
Of course I'm going to believe what a Realtor says.
jvolstad 1 week ago
Consumers, agents and in general Humans must have a paradigm shift... Thank you Mr Liniger.. for raising our awareness.. have the best days of your life... Blessings..
aslanlela 3 weeks ago
Great news !
MarkSold 1 month ago
Top 10 Predictions for the U.S. real estate market for 2012
Maria Scors, ABR, CRS, CDPE, CSSP, ePro Certified!
RE/MAX American Dream (NJ) Call 973-610-1909
mariascors 1 month ago
Thank you Dave, for great information ~ delivered ~ short and to the point.
Consumer confidence is key to Real Estate recovery!
ActiveNaples 1 month ago
@Santuario70 You did notice that the retail numbers for last month were just corrected today right. Sales up! .01%. The house of cards is getting awfully flimsy; gas prices should hit $5.00 by summertime as the artificial repression during Christmas has ended with a quickness; as our beloved government tried to keep the maximum amount of cash in consumers hands over the holidays. I wonder how much the payoffs for that favor will cost us under the table, behind their closed door.
vaughnparry 1 month ago
@Santuario70 but i reiterate - you make some good points about the global economy.
Santuario70 1 month ago
@vaughnparry you make some good points. if the global economy continues to tank and drags the US recovery down with it, the real estate parameters will change. but prices near $50K for a lot are not likely to change much in places like portland. that has got to be pretty much the bottom. prices should still stabilize, if only driven by investors alone. i still think home prices will rise by the end of the year. and note that retail sales have almost nothing to do with real estate.
Santuario70 1 month ago
@Santuario70 I hope that you are right and I am not. I really do, but we are in a global economy as they say and Europe is about to have a financial crisis that is going to make our look like a road bump. China has a housing bubble that is going to make ours look like a pop. Retail sales were up over Christmas because it's the first time American's have gone back into debt for the holidays. We are going into an economic winter for the next decade we are nowhere near the bottom.
vaughnparry 1 month ago
@vaughnparry ... in some parts of the country, reached (or come very close) to the bottom in prices, and they will continue to buy as prices start to rise. I'm not a rich investor - i work 48 hrs per week and have $10K in the bank - but i receive watch lists of properties at certain values, and every time i know it's a good deal, so does everyone else - i've seen properties in the last 3 months with 11 offers on them. Believe me, prices have to become stable this year and start rising.
Santuario70 1 month ago