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Housing starts surge in positive sign for economy - 10/18/2012 7:49:38 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Hey cons.....what`s it like 'hoping' for bad economic news?


http://www.reuters.com/article/2012/10/17/us-housing-idUSBRE89G0RG20121017    


        

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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:55:06 AM   
mnottertail


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Status: offline 		While there is a glut of foreclosures still, my understanding from around the town is those inventories are down 48% from the peak in January 2011.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 8:06:17 AM   
Hillwilliam


Posts: 19394
Joined: 8/27/2008
Status: offline 		Foreclosures are down around here and my sales by July hit what I did all last year.
Commercial property seems to have lower vacancy rates as well but I'm not as involved in that except for what I own.
Market is slow still but it WAS totally shitty.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 8:13:02 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
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quote:

ORIGINAL: mnottertail

While there is a glut of foreclosures still, my understanding from around the town is those inventories are down 48% from the peak in January 2011.


That number...after going up for 6 years......has just started going down in the last few months.

Home prices are going up too.......

< Message edited by Owner59 -- 10/18/2012 8:14:13 AM >

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"As for our common defense, we reject as false the choice between our safety and our ideals"

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RE: Housing starts surge in positive sign for economy - 10/18/2012 9:16:09 AM   
Fellow


Posts: 1486
Joined: 9/21/2009
Status: offline 		Something does not add up: personal incomes falling, debt DE-leveraging in progress and... housing starts???

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RE: Housing starts surge in positive sign for economy - 10/18/2012 9:55:22 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Poeple gotta live, there is pent up demand, many have shaken off the debt.  Thats about .00275 of our population looking to build homes, it isnt like the 47% but it may be a portion of the 1%.

And there is some probability that a great number of the older foreclosures are uninhabitable shit boxes..............May have been at the outset.  Rehabbers, flippers, the slash and burn foreclosesure specialists winterizing and boarding up the houses, cutting pipes and whatnot, and subsequent vandalism...and unhabited entropy and disrepair in general.

< Message edited by mnottertail -- 10/18/2012 10:11:10 AM >

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RE: Housing starts surge in positive sign for economy - 10/18/2012 11:48:23 AM   
subrob1967


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Status: offline 		I hear Brittney Spears just paid 8 million for a new home and Billy Bob Thornton is selling one for the same price.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 12:06:58 PM   
mnottertail


Posts: 60698
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Status: offline 		Yeah, HW said earlier that existing home sales were picking up a little as well, glad to see that you are seeing it too.  It looks like it might be widespread.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 5:55:51 PM   
LookieNoNookie


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quote:

ORIGINAL: Owner59

Hey cons.....what`s it like 'hoping' for bad economic news?


http://www.reuters.com/article/2012/10/17/us-housing-idUSBRE89G0RG20121017    


        


I actually don't know anyone, Republican or otherwise that's hoping for bad news.

Frankly, I think anyone that is.....is a fucking turd.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 6:55:20 PM   
Hillwilliam


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Joined: 8/27/2008
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quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: Owner59

Hey cons.....what`s it like 'hoping' for bad economic news?


http://www.reuters.com/article/2012/10/17/us-housing-idUSBRE89G0RG20121017    


        


I actually don't know anyone, Republican or otherwise that's hoping for bad news.

Frankly, I think anyone that is.....is a fucking turd.

There's a lot of fucking turds in the RNC.

_____________________________

Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:28:43 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
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quote:

ORIGINAL: Hillwilliam


quote:

ORIGINAL: LookieNoNookie


quote:

ORIGINAL: Owner59

Hey cons.....what`s it like 'hoping' for bad economic news?


http://www.reuters.com/article/2012/10/17/us-housing-idUSBRE89G0RG20121017    


        


I actually don't know anyone, Republican or otherwise that's hoping for bad news.

Frankly, I think anyone that is.....is a fucking turd.

There's a lot of fucking turds in the RNC.


It's been said before.

(And, as an aside, as a Republican, I concur.....so long as you include Democrats, Independents and others in the mix).

< Message edited by LookieNoNookie -- 10/18/2012 7:29:59 PM >

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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:28:57 PM   
FMRFGOPGAL


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quote:

ORIGINAL: Fellow

Something does not add up: personal incomes falling, debt DE-leveraging in progress and... housing starts???


I'll go with personal incomes are only still falling in Romney speeches. They are very clearly rising again in the northeast.
  There's only so much progress Mitch "the bitch" McConnell and Crying John can snafu.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:31:19 PM   
LookieNoNookie


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quote:

ORIGINAL: FMRFGOPGAL

quote:

ORIGINAL: Fellow

Something does not add up: personal incomes falling, debt DE-leveraging in progress and... housing starts???


I'll go with personal incomes are only still falling in Romney speeches. They are very clearly rising again in the northeast.
  There's only so much progress Mitch "the bitch" McConnell and Crying John can snafu.


That's amazing....incomes are falling in Romney's speeches.

That's rather curious indeed.

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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:45:40 PM   
SternSkipper


Posts: 7546
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Status: offline 		Guess you don't have a TV Lookie. Or you aren't paying attention to the bird feeder you have your head in I could have sworn that one of Romney's platform issues is that incomes are.falling.
But please show us ... Provne the young lady wrong.


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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:53:19 PM   
SternSkipper


Posts: 7546
Joined: 3/7/2004
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Here's my prediction (since I won't be eating crow and won't play in firm's sandbox for this round)...
We will gain at least 4 seats in the house
We will retain the senate picking up at least 2 seats
And the Dead will headline the Mid-Atlantic Inaugural Ball for the second time.
And I have already been in touch with my friend Dennis and ordered up this song for the opener or closer..

http://youtube.com/#/watch?v=jfz3hC3HBW0



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Looking forward to The Dead Singing The National Anthem At The World Series.




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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:54:25 PM   
SternSkipper


Posts: 7546
Joined: 3/7/2004
Status: offline 		Hint... Romney isn't a deadhead


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RE: Housing starts surge in positive sign for economy - 10/18/2012 7:56:37 PM   
Hillwilliam


Posts: 19394
Joined: 8/27/2008
Status: offline
quote:

ORIGINAL: SternSkipper


Here's my prediction (since I won't be eating crow and won't play in firm's sandbox for this round)...
We will gain at least 4 seats in the house
We will retain the senate picking up at least 2 seats
And the Dead will headline the Mid-Atlantic Inaugural Ball for the second time.
And I have already been in touch with my friend Dennis and ordered up this song for the opener or closer..

http://youtube.com/#/watch?v=jfz3hC3HBW0



C'mon Stern. Make a prediction over there. It's all in fun.

_____________________________

Kinkier than a cheap garden hose.

Whoever said "Religion is the opiate of the masses" never heard Right Wing talk radio.

Don't blame me, I voted for Gary Johnson.

(in reply to SternSkipper)
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RE: Housing starts surge in positive sign for economy - 10/18/2012 8:02:47 PM   
FMRFGOPGAL


Posts: 763
Joined: 9/1/2012
Status: offline 		If you don't Skipper sir, I will paste it in myself (maybe)

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RE: Housing starts surge in positive sign for economy - 10/18/2012 8:49:53 PM   
LookieNoNookie


Posts: 12216
Joined: 8/9/2008
Status: offline
quote:

ORIGINAL: SternSkipper

Guess you don't have a TV Lookie. Or you aren't paying attention to the bird feeder you have your head in I could have sworn that one of Romney's platform issues is that incomes are.falling.
But please show us ... Provne the young lady wrong.



Well, I'm pretty fucking stupid so...I couldn't have grasped any of that anyway.

(in reply to SternSkipper)
Profile   Post #: 19
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