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What do U consider forces that will be working against housing recovery next year.?

Asked by Voices Member, Sat Jan 10, 2009

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5
#1. The state of the economy will continue to have the greatest impact on the housing market.
1 vote Thank Flag Link Sun Jan 11, 2009
That's easy!!!

MORE FORECLOSURES!!!

Same bus, second shift!
http://www.cbsnews.com/video/watch/?id=4668112n

FHA-backed loans: the next subprime crisis?
http://www.msnbc.msn.com/id/27844894/

Half of 'rescued' borrowers still default
http://money.cnn.com/2008/12/08/news/economy/mortgage_summit…

Dynamic Maps of Nonprime Mortgage Conditions in the United States
http://www.newyorkfed.org/mortgagemaps/

Worst year for jobs since '45
http://money.cnn.com/2009/01/09/news/economy/jobs_december/i…

ADP National Employment Report
http://www.adpemploymentreport.com/

Remember, the crystal ball you are looking at is the hood ornament of the bus!

"I see treadmarks in your future...!"
-The Bus Driver
1 vote Thank Flag Link Sat Jan 10, 2009
" I consider you to be working against the economy and challenge you to do something productive to help the economy".

1) I don’t read CNN (those are last night’s headlines . . . CAN YOU BELEIVE IT?)
2) I love to stall your Cash for keys programs
3) I help A few of the Millions of Americans SOLD 100% CLTV properties . . .BY ?
4) I defend borrowers in court against Realtors there with the Trustees to fight the UD
5) I even testify in matters involving MOVE OUT THREATS UNDER COLOR!
0 votes Thank Flag Link Thu Jan 29, 2009
increasing job lost, next to impossible lending requirement to acquire home loan and off course non stop media's focus on the problem rather than the solution and hope.

Tammy Moallem
0 votes Thank Flag Link Sun Jan 11, 2009
missed the bus,

Imports are more affordable

http://www.bls.gov/news.release/ximpim.nr0.htm

productivity increases: http://www.bls.gov/bls/newsrels.htm#major

Real Earnings
December 16, 2008
Real average weekly earnings rose by 2.3 percent in November 2008. A 0.4 percent increase in average hourly earnings and a 2.1 percent decrease in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) were partially offset by a 0.3 percent decrease in average weekly hours. Over the year, real earnings increased 2.2 percent.


Andalusia county has a low foreclosure rate:

http://www.andalusiastarnews.com/news/2009/jan/01/county-for…

Americans wont go down without a fight:

http://online.wsj.com/article/SB123144562914865337.html

Americans come together to help one another through tough times:

http://preventingforeclosure.org/

There are positive news stories out there you just want to pull everyone down with you. I consider you to be working against the economy and chalenge you to do something productive to help the economy.
0 votes Thank Flag Link Sun Jan 11, 2009
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