tag:blogger.com,1999:blog-2020965297376819658.post2729126945259196996..comments2023-05-07T01:54:22.688-07:00Comments on Effective Demand: Optimistic 2010 Home Sales ForecastsUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2020965297376819658.post-6684253283227073192009-11-19T19:59:46.753-08:002009-11-19T19:59:46.753-08:00jimi
Trustee sales aren't double counted like...jimi<br /><br />Trustee sales aren't double counted like that they are excluded from EHS and New home sale statistics.Effective Demandhttps://www.blogger.com/profile/02587961792541800534noreply@blogger.comtag:blogger.com,1999:blog-2020965297376819658.post-49644164975066762512009-11-19T11:01:54.854-08:002009-11-19T11:01:54.854-08:00These guys sell kool-aid and they have been drinki...These guys sell kool-aid and they have been drinking it instead of being real - to them, it is always a good time to buy, when they are only interested in their commission. They are the same guys trying to get into the appraisal business and giving themselves a role as a value-setter with their imitation designations copying The Appraisal Instute who made appraising a profession, not a bizniss!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2020965297376819658.post-63376090732997938092009-11-19T09:00:10.493-08:002009-11-19T09:00:10.493-08:00I have never heard a snake oil salesman say his pr...I have never heard a snake oil salesman say his product was no good and I have never heard NAR say thing would be worse for real estate. <br /><br />I think sales will drop as they have pulled alot of demand forward with the tax credits. Investors can only buy so many properties and many of these "investors" are of teh amateur kind who will find out being a landlord is expensive and difficult. I think interest rates rise alot more then expected, unemployment rises and stays high all year, more foreclosures come to the market, but there are alot less buyers. I think sales drop 10-20%, prices drop 10-20% more and it will be and awful year. This year was the part of the tsunami where the wave goes back out to sea and everyone wanders out thinking its safe only to be fully exposed for the larger wave they never saw coming.TomKnoreply@blogger.comtag:blogger.com,1999:blog-2020965297376819658.post-64590739631525084712009-11-19T05:02:27.667-08:002009-11-19T05:02:27.667-08:00Perhaps they are including trustee sales/foreclosu...Perhaps they are including trustee sales/foreclosure sales in their projections. A home transferred to the bank via foreclosure and then sold to an occupant counts as two "sales".<br /><br />jimiAnonymousnoreply@blogger.com