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inventories skyrocketed: up 41.9% in Phoenix, 28.9% in Ventura, 25.7% in Riverside, 24.8% in Los Angeles, 23.1% in Sacramento, 21.3% in San Diego.
But sales plunged.
Wait.... I thought they plunged because of the weather... You know, all that snow in CA, AZ, NV, NM, TX, etc..
Excuses excuses- try blaming the poor economy. Impossible
there is a R-E-C-O-V-E-R-Y
Where is Roberta? Seriously, I want to hear first hand what he's going through.
But now high prices torpedoed their business model, and theyre backing off.
Hahahahah, idiots. They bought the mantra: "buy now or be priced out forever!!!!"
Where is Roberta? Seriously, I want to hear first hand what he's going through.
He got deleted. I think it was because he was insulting people. Unfortunately, all of his posts got deleted, too. So we can't go back to see what he posted.
absolutely one should 1. marry 2. buy a house 3. stay in it for a long time
If this sounds like your situation, then you will do it or be nagged incessantly by your sweetheart, so you know what you'll do.
You'll either comply with her wishes or suffer the consequences.
I always tell females to remember James Bond movies, he lived in an apartment and he didn't seem to care. He also had girlfriends frequently die on him, he had to find another which usually happened before the movie ends.
In 2009 I bought more shares of Apple and other stuff, today it's enough to buy whatever I want to, but now they're sending me dividends, darnit how irresistible is that?
Nah, I want to buy a dump in Phoenix and rent it out, of course it's no trouble flying over there to see why the toilet clogged.
Inventories rise with willing sellers and sales fall with a lack of willing buyers. With less homedebtors in negative equity and more banks willing to do short sales inventories rise.
So we have a short-term top in many markets. Where I live, if it is less than $400,000 it sells fast and prices in that range represent a graeter than 20% increase.
However, there is new weakness above $600,000 and the $400,000 to $600,000 range topped out in December.
http://investmentwatchblog.com/housing-bubble-2-0-veers-elegantly-toward-housing-bust-2-0/
#housing