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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.
This is the end
Beautiful friend
This is the end
My only friend, the end
This is the end
Beautiful friend
This is the end
My only friend, the end
They are still talking about the "recovery" and "tapering"
There is no recovery and there will be no taper
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.
Just in case anybody didn't know you are a dumbfuck here.... You post that!
nice guy that roberto.
http://finance.yahoo.com/blogs/daily-ticker/housing-market-cooling-great-news-potential-bubbles-zillow-165844260.html
#housing