Monday, Dec 11, 2006

US housing slump has only just begun but it's over already???

Bloomberg: Housing Will Recover in First Quarter, Realtors Say (Update2)

he worst of the U.S. housing slump is over, according to the National Association of Realtors.

Posted by benstar @ 05:33 PM (524 views)
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5 Comments

1. btloptingout said...

"The worst of the U.S. housing slump is over, according to the National Association of Realtors.
Sales of previously owned U.S. homes will grow...."

The worst of the turkey slaughter is over, according to the National Association of turkeys.
Those birds already slaughtered and frozen will more than meet any Xmas demand.....the only fresh birds on tables will be geese....

Monday, December 11, 2006 10:33PM Report Comment
 

2. Surfgatinho said...

And what's going to drive this rebound. Lower mortgage rates of course!

Tuesday, December 12, 2006 08:55AM Report Comment
 

3. the bald man said...

Keep borrowing, keep spending! Sounds familiar!

Tuesday, December 12, 2006 09:15AM Report Comment
 

4. millard said...

Usual VI c**p, looking at the papers from 1989 to mid 90's RICS, House builders Federation etc.... kept trying to talk the market up, but it didn't stop the falls.

http://www.housepricecrash.co.uk/FAQ-1989-what-the-papers-said.php

Tuesday, December 12, 2006 10:02AM Report Comment
 

5. the bald man said...

Hope some one in the US sues when they lose a bundle on property!

Tuesday, December 12, 2006 01:49PM Report Comment
 

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