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Zillow says housing market is cooling


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2013 Oct 23, 5:40am   3,721 views  7 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://finance.yahoo.com/blogs/daily-ticker/housing-market-cooling-great-news-potential-bubbles-zillow-165844260.html

Z) finds evidence the housing market is cooling. The pace of home value appreciation slowed in the third quarter to 1.2%, about half the pace of the second quarter of this year. And as Stan Humphries, chief economist at Zillow, tells The Daily Ticker in the above video -- thats a pretty good thing. Why? We have been wanting to see a little bit of moderation in the pace of home value gains because theyve been rising at a very fast pace off the bottom. And in order to get back to a normal pace we need to start...

#housing

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1   Strategic Renter   2013 Oct 23, 6:05am  

Still red hot here in Vegas

2   EBGuy   2013 Oct 23, 9:25am  

egads101 said: I am seeing data that make this cooling look different than last year.
I'll say. It seems likely that the market in Phoenix, at least, will not be as crazy as last year. Investors leave with the foreclosures and your're left with a more "normal market" -- whatever that looks like. ... And you might remember Greg when you send out Xmas cards this year.

3   John Bailo   2013 Oct 24, 4:27am  

This is the end
Beautiful friend
This is the end
My only friend, the end

4   smaulgld   2013 Oct 24, 10:16am  

John Bailo says

This is the end

Beautiful friend

This is the end

My only friend, the end

http://www.youtube.com/embed/JSUIQgEVDM4

5   smaulgld   2013 Oct 24, 10:17am  

They are still talking about the "recovery" and "tapering"
There is no recovery and there will be no taper

6   everything   2013 Oct 25, 1:32am  

The market did not cool off the during 2011/2012 4th quarters, in fact mortgage applications did not start dropping hard and fast until mid year 2013.

The housing market is not cooling off all that much, since we are on the money train again, cash buyers are coming hard and fast.

With rates coming down again (4 month low), it's time to step up the advertising and get the people sending interest payments again since we know the banks make all their money on the front end of these transactions.

7   coriacci1   2013 Oct 26, 5:10am  

egads101 says

Just in case anybody didn't know you are a dumbfuck here.... You post that!

nice guy that roberto.

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