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FIND YOUR DREAM HOME OR APARTMENT

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Saturday, October 10, 2009 11:09:29 AM
After 44 years of commercial real estate development, land speculation, property management , ownership, I find the authors of this finding would be better qualifed as President of the World. What malarke!y
Saturday, October 10, 2009 12:09:20 PM
Whoever writes these articles "housing markets rebounding" are high!  I've seen articles written on MSN about the housing market booming again, etc. etc.  over and over.  These people or person never accurately points out the "true" Market values.  I don't know where they get their sources of information. But, it just goes to show you, don't believe everything you read!
Saturday, October 10, 2009 12:51:08 PM

Also in Real Estate & Real Estate Lending for over 35 years.  I'd like to know what drugs the author of this article is on.  WooHoo, Real Estate Is Coming Back!!!  Yeah, right...

 

When the haze wears off, take a little trip down to the unemployment office & ask those former homeowners what THEY think of your article...

 

Without jobs, any isolated upturn will be just that, "isolated"...

 

 

Saturday, October 10, 2009 1:02:43 PM
This article is based on fantasy vs. reality.  I live in Worcester, MA and trust me, our home values are still plummeting.  Our governor has halted the pace at which foreclosures are hitting the market, so as to slow it down.  Nevertheless, our prices are still falling.  They were falling throughout the spring and summer season, which is prime time for selling homes here.   Now that we're approaching the fall and winter months, activity will drastically slow down.  In fact, Worcester has one of the highest foreclosure rates in our state!   We've lost all our industrial occupations and professional jobs here.  Those employed in the medical and academic professions, do well here in Worcester.  All the professional jobs have been relocated to more business friendly towns and suburbs.
Saturday, October 10, 2009 1:26:12 PM
Isn't the falling house prices partly a reflection of a correcting of vastly inflated pricing in real estate?  Sure, the loss of jobs didn't help but...poor ways of financing also collapsed around even those with the best credit.
Saturday, October 10, 2009 2:09:54 PM

Chicago?

I think the autors are either high on crack, desperate for a story or just plan stupid!

Saturday, October 10, 2009 2:22:41 PM
Now, now...don't be naysayers.......look at the stock market.............sure, they will rise, if all else remains the same......it probably won't.............interest rates will rise, erasing the mini frenzy going on right now for first time homebuyers trying to catch the free $8000 credit and those that haven't lost their jobs.  Even though inflation will rise, home prices will lag behind for 5-10 years minimum.  Also, refi's have seen an increase...these from those that can stay in their homes.........they have decided to stay in their homes and won't be moving up anytime soon.......the high end of the market will be crushed for years............what are you going to do?
Saturday, October 10, 2009 2:34:35 PM

Come on people. (Authors and Bloggers) Enough with the speculation and negativity.  Given that irresponsible reporting played a large role in creating this mess were in, it only seems right that it should play a small part in correcting it.  My mother always said " If you don't have anything good to say...shut your mouth"  Damn...I understand now Mom!  Why do people even buy into this crap...and the other.  Get off your computers and get back in touch with the real world people. After 24 years of commercial real estate development, land speculation, property management , ownership, and what I thought was a bright future...I am throwing in the towel.  Maybe i'll go to work for Wal-Mart in Australia.  The state of things in The US real-estate market has gone to ****, and everything else is in tow right behind it.  Things will get better when the average American stops eating up everything they read and see in the media like it was soilent green, and gets on whit their everyday lives.

 

Sign ,

Pissed off at your ignorance! 

Saturday, October 10, 2009 2:39:13 PM

As a Realtor and Builder. I can't believe we as Americans are letting the Bank lenders or rather Corporate America in conjunction with congress remove our ability to stand within our constitutional rights regarding Real Estate law and ethics in america after all they got us into this mess in the first place. Hay, why not stall the market with short sales and lie to the american public they can afford to wait. It worked with the sub prime loans and home ownership before, and who cares who got jobs anyway. The bankers are sitting or using all the money anyway and were going to be paying for it again . It time to stand up and be counted ........ I thought usury was illegal  or alt least unethical . Or is it extortion ? How much interest are they paying again ? What a joke .......Black Sheep

Saturday, October 10, 2009 2:43:35 PM

There is a word for the folks in the business press: shills. There are other, less genteel words that will spring into your minds as well. These are the same people who pushed the notion that housing prices will always go up so "borrow! borrow! borrow!" They say whatever will get more monied  people to give them more money to get more money from folks like us.

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