NAR alias: Pollyanna?
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The National Association of Realtors (NAR) forecast for the 2013 housing market was an object of contention at the recent National Association of Real Estate Editors (NAREE) conference.
NAR predicted positive changes for the national housing market in 2013, including:
- 10% home price appreciation; and
- 70-80% growth in housing starts.
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loading...About The Author
ft Editorial Staff
is the writing staff comprised of legal editor Fred Crane, In-House Broker Consultant Fernando Nunez and writer-editors Connor P. Wallmark, Giang Hoang-Burdette, Jeffery Marino, Carrie B. Reyes, Sarah Cantino, Matthew Taylor and Matthew Shade.
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The housing market will not improve until business-unfriendly Obama is out of office.
So I predict improvement either in 2013 or 2017 It’s up to you!
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So many homeowner rescue plans have been instituted in the past several years and yet none has really worked on the broad scale expected.
Why is that? Could it be that each and every one was predetermined to fail? Could it be that each was offered only to assuage the public fear and anger against the system as millions began losing their homes and never really meant to solve the problem?
Could it be that at intervals in the economic history of a nation, the economy is purposely allowed to become depressed sufficiently to ruin the common man while the elite then “cherry pick” over the carcasses at pennies on the dollar, after which they can resell the properties in vast numbers or rent them to the very victims they caused to become so diminished in the first place, as they then revive the economy at a later time?
If this sounds like a preposterous supposition, then study history. You might be shocked to learn that the same technique has been used time and again to transfer massive amounts of wealth and property from the common man to the privileged elite.
And, at the center of such actions has always been one sinister group—the bankers.
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Why are people blaming Obama? The fall happened before he took office. So if you lost everything you had, would it only take you 3 years to get it all back? Come on people use your brain. And stop the bigotry.
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Common liberal ignorant response by Pamela, if you have anything negative to say about Obama’s administration you are a bigot and a racist. The liberals have become so narrow minded and intolerant, they remind me of the conservatives in the 60′s with the ‘Love it or Leave it’ slogans.
Democrats and Republicans have become no different that the Sunnis and Shites, they hate each other, and would love it if they could force each other completely out of the US.
If Pamela didn’t have blinders on, and she did a little homework, she could check which political parties were in charge for all the cities and counties that have filed bankruptcy since 2008…..almost exclusively Democratic, Liberal, pro union, pro welfare.
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NAR is a notorious liberal organization, nothing new about them, or any other liberal, lying about growth in California, (and I’m not a Republican, and I was born and raised in Cali).
I predicted the fall in November of 2007 and advised all my clients accordingly. We ultimately made it thorugh 2008 relatively untouched. 2009 saw some struggles, but nothing catastrophic. But California will not survive the liberals folks. West LA saw a massive exodus out of rentals in 2008/9, and they have not returned or been replaced. My painting vendor has had customers in the area for 3 generations and I hear all about it.
California will implode financially within 5-8 years, but the liberals will still be intrenched for awhile after that. My wife and I have decided to give the business to our daughter, and we are leaving in 2018.
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