Sell Now or be Priced In!!!!!!!!

By evilmonkeyboy   follow   Sun, 3 Mar 2013, 7:46am PST   ↑ Like (1)   ↓ Dislike   1,012 views   3 comments   Watch (1)   Share   Quote  

Mortgage Interest rates are at a 100 year low!!!!!!! Interest rates can only go up making affordability for your greater fool go down.
Housing inventories will hit bottom in 2013 and increased inventories will reduce demand!!!!

http://www.calculatedriskblog.com/2012/12/will-housing-inventory-bottom-in-2013.html

#housing

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HEY YOU   befriend (3)   ignore (3)   Sun, 3 Mar 2013, 10:27am PST   Like   Dislike     Share   Quote   Comment 1

Let me apply some pretzel logic. The closet rates compared to today were around 1945 (68 yrs. ago). That's where house prices should be. Waiting for the attack of the Bulls.

SkyPirate   befriend (0)   ignore (0)   Sun, 3 Mar 2013, 10:59pm PST   Like   Dislike     Share   Quote   Comment 2

Hold on a moment, I want to buy a chocolate bar for a nickle. What? I can't do that now? Not since... 1945? What do you mean "inflation" happened?

The Professor   befriend (4)   ignore (3)   Sun, 3 Mar 2013, 11:32pm PST   Like   Dislike     Share   Quote   Comment 3

SkyPirate says

Hold on a moment, I want to buy a chocolate bar for a nickle. What? I can't do that now? Not since... 1945? What do you mean "inflation" happened?

Untrue. You could still buy a candy bar for a nickel up to the very early 1970's. You can still buy 2 candy bars for a dime and get some change, as long as your dime is silver.

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