Comments on: Plunging pending home sales http://firsttuesdayjournal.com/plunging-pending-home-sales/ Wed, 08 Feb 2012 04:44:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: software patch http://firsttuesdayjournal.com/plunging-pending-home-sales/comment-page-1/#comment-86926 software patch Sun, 07 Nov 2010 09:34:49 +0000 http://firsttuesdayjournal.com/?p=5206#comment-86926 At least 5 or 6 thousands visitors at your weblog now, nice results for single website. At least 5 or 6 thousands visitors at your weblog now, nice results for single website.

]]> By: Tom http://firsttuesdayjournal.com/plunging-pending-home-sales/comment-page-1/#comment-84475 Tom Wed, 21 Jul 2010 04:38:45 +0000 http://firsttuesdayjournal.com/?p=5206#comment-84475 Take away Buyer incentives in the current economy????? Everybody expected home prices to fall???? An, nobody foresaw sales to drop in May 2010????? To continue to use of universals such as "Everybody and Nobody" Universal statements are never true statements. Real Estate History 101. Here we go,.... When Allen Greenspan in the 1990's raised mortgage interest rates up 7 times in one year it stalled the real estate economy for years. For the Bernaky to not know Real Estate history is sad and shows poor judgement and lame critical thought on his part. He was a Professor in a College or University somewhere with a backround in Economics. Laughable, but the sad truth is, these are the mental giants in charge of the US economy. The government lending policies blew the the chance for real estate sales to occur in the 3rd and 4th quarter of 2010, because the government took away the buyer incentive for property virgins to enter the real estate market. The economic outlook for 2011 for the 1st and 2nd quarter is going to be quite eventful to watch. Take away Buyer incentives in the current economy????? Everybody expected home prices to fall???? An, nobody foresaw sales to drop in May 2010?????

To continue to use of universals such as “Everybody and Nobody” Universal statements are never true statements.

Real Estate History 101. Here we go,…. When Allen Greenspan in the 1990′s raised mortgage interest rates up 7 times in one year it stalled the real estate economy for years.

For the Bernaky to not know Real Estate history is sad and shows poor judgement and lame critical thought on his part. He was a Professor in a College or University somewhere with a backround in Economics. Laughable, but the sad truth is, these are the mental giants in charge of the US economy.

The government lending policies blew the the chance for real estate sales to occur in the 3rd and 4th quarter of 2010, because the government took away the buyer incentive for property virgins to enter the real estate market. The economic outlook for 2011 for the 1st and 2nd quarter is going to be quite eventful to watch.

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