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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Home prices post biggest increase in 7 years
Posted by:
liberal logic 1.0
()
Date: May 28, 2013 12:38PM
These housing price increases are clearly a bubble. I'm an Independent who distrusted the bubble under George W. Bush and equally distrusts the one now.
Housing prices are rising far faster than incomes are rising, even more so when you consider the servicing costs of paying off college tuition student loans, the effect of the payroll tax increase, health care and other rising costs even as wages for 99% of Americans are stagnant or even falling. Yet the derivatives market is picking up again with CDO's and no-interest loans being divvied up. Unbelievable to see this yet again, and an often uncritical media reporting higher housing prices as though they are a good thing.
The increases in housing costs are clearly being driven by speculators and investors looking to flip houses and sell rentals which are far beyond the practical ability of Americans to afford without going deep into unsustainable debt. As well as artificially low inventory from all the foreclosures kept off the market by the banks. Basically the housing market is depending on having more suckers every few months buying into the bubble to keep the prices going up. Sorry, but I figured we'd had enough of that disaster back in 2007, but I guess these lessons aren't easy to learn.
Housing prices are rising far faster than incomes are rising, even more so when you consider the servicing costs of paying off college tuition student loans, the effect of the payroll tax increase, health care and other rising costs even as wages for 99% of Americans are stagnant or even falling. Yet the derivatives market is picking up again with CDO's and no-interest loans being divvied up. Unbelievable to see this yet again, and an often uncritical media reporting higher housing prices as though they are a good thing.
The increases in housing costs are clearly being driven by speculators and investors looking to flip houses and sell rentals which are far beyond the practical ability of Americans to afford without going deep into unsustainable debt. As well as artificially low inventory from all the foreclosures kept off the market by the banks. Basically the housing market is depending on having more suckers every few months buying into the bubble to keep the prices going up. Sorry, but I figured we'd had enough of that disaster back in 2007, but I guess these lessons aren't easy to learn.
Re: Home prices post biggest increase in 7 years
Posted by:
Real T
()
Date: May 28, 2013 12:47PM
Mostly it's due to a relative shortage of houses on the market because tons of people still aren't at a price level where it makes sense to move, they're no longer believing that you can flip houses like people were and aren't willing to take the risk to buy a more expensive place on spec, foreclosure sales have slowed down a lot, and as you say banks aren't in any hurry to take a loss on what they're holding when they see prices improving in the relatively near future.
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 28, 2013 01:09PM
Bulk foreclosure sales from the government to private equity are also bypassing the MLS and being kept off the resale market. They're being sold at 50-60% off market price.
In 2012, the banks got into trouble with the courts over fraudulent recordkeeping and undocumented transfers of titles. The states forced the banks to hold off foreclosures until these problems were cleared up. At mid-year, there was also a national foreclosure settlement program that required the banks to modify the loans to hold off foreclosures.
In 2012, the banks got into trouble with the courts over fraudulent recordkeeping and undocumented transfers of titles. The states forced the banks to hold off foreclosures until these problems were cleared up. At mid-year, there was also a national foreclosure settlement program that required the banks to modify the loans to hold off foreclosures.
Re: Home prices post biggest increase in 7 years
Posted by:
Gerrymanderer2
()
Date: May 28, 2013 01:15PM
These fuckin pukes destroyed the economy and ransacked the treasury and they won't give a shred of credit to Obama's successful economic policies, with their fucking obstruction, 2 of the 4 years.
Don't worry, come election time again the American people see the market, the housing prices, unemployment, the deficit reduction.
They will pay for their actions one way or the other.
Don't worry, come election time again the American people see the market, the housing prices, unemployment, the deficit reduction.
They will pay for their actions one way or the other.
Re: Home prices post biggest increase in 7 years
Posted by:
deficit overdone
()
Date: May 28, 2013 01:29PM
the deficit is being held down because they just hit the debt ceiling. They're borrowing 290 billion from various accounts until they exhaust funds sometime in September. In effect, that borrowing is being pushed out to the next fiscal year. This year should've had a trillion dollar deficit.
Re: Home prices post biggest increase in 7 years
Posted by:
Bill.N.
()
Date: May 28, 2013 01:29PM
The only "bubble" in the market now is the fact that homes are priced based on the assumption that they can be purchased at today's absurdly low interest rates. If you are borrowing at 4% today you could get a $300K mortgage for the same monthly payment as you'd get a 240,000 mortgage at 6%. This hasn't changed since 2008. What has changed is that the market no longer assumes that prices will be dropping further.
Re: Home prices post biggest increase in 7 years
Posted by:
Libbys Mark
()
Date: May 28, 2013 02:43PM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> These fuckin pukes destroyed the economy and
> ransacked the treasury and they won't give a shred
> of credit to Obama's successful economic policies,
> with their fucking obstruction, 2 of the 4 years.
>
>
> Don't worry, come election time again the American
> people see the market, the housing prices,
> unemployment, the deficit reduction.
>
> They will pay for their actions one way or the
> other.
"come election time again the American people see the market"
The only market the American people will base their votes on is a black-market.
-------------------------------------------------------
> These fuckin pukes destroyed the economy and
> ransacked the treasury and they won't give a shred
> of credit to Obama's successful economic policies,
> with their fucking obstruction, 2 of the 4 years.
>
>
> Don't worry, come election time again the American
> people see the market, the housing prices,
> unemployment, the deficit reduction.
>
> They will pay for their actions one way or the
> other.
"come election time again the American people see the market"
The only market the American people will base their votes on is a black-market.
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 28, 2013 03:45PM
Last week, the federal banking authority put a halt to foreclosures by the 3 largest banks. There's no end to government intervention and protection of the banks. The national foreclosure settlement between the large banks and the states last summer was paid for by the taxpayer.
Re: Home prices post biggest increase in 7 years
Posted by:
Liberal Logic 52
()
Date: May 28, 2013 04:11PM
Bill.N. Wrote:
-------------------------------------------------------
> The only "bubble" in the market now is the fact
> that homes are priced based on the assumption that
> they can be purchased at today's absurdly low
> interest rates. If you are borrowing at 4% today
> you could get a $300K mortgage for the same
> monthly payment as you'd get a 240,000 mortgage at
> 6%. This hasn't changed since 2008. What has
> changed is that the market no longer assumes that
> prices will be dropping further.
Which is by definition a bubble.
What happens when interest rates go back up with the amount of people getting houses they may not be able to afford due to low interest?
The OP is my troll fyi.
-------------------------------------------------------
> The only "bubble" in the market now is the fact
> that homes are priced based on the assumption that
> they can be purchased at today's absurdly low
> interest rates. If you are borrowing at 4% today
> you could get a $300K mortgage for the same
> monthly payment as you'd get a 240,000 mortgage at
> 6%. This hasn't changed since 2008. What has
> changed is that the market no longer assumes that
> prices will be dropping further.
Which is by definition a bubble.
What happens when interest rates go back up with the amount of people getting houses they may not be able to afford due to low interest?
The OP is my troll fyi.
Re: Home prices post biggest increase in 7 years
Posted by:
Bill.N.
()
Date: May 29, 2013 01:09AM
Liberal Logic 52 Wrote:
-------------------------------------------------------
>
> Which is by definition a bubble.
>
Disagree. The current mortgage interest rates are something very real.
-------------------------------------------------------
>
> Which is by definition a bubble.
>
Disagree. The current mortgage interest rates are something very real.
Re: Home prices post biggest increase in 7 years
Posted by:
Liberal Logic 74
()
Date: May 29, 2013 01:56AM
Bill.N. Wrote:
-------------------------------------------------------
> Liberal Logic 52 Wrote:
> --------------------------------------------------
> -----
> >
> > Which is by definition a bubble.
> >
>
> Disagree. The current mortgage interest rates are
> something very real.
Theyre artificially low and cant be kept there forever which is what a bubble is. Its creating a market because of the extremely favorable conditions as opposed to happening under normal circumstances. You dont have to have play money for something to be a bubble, but these basically 0 percent loans arent here for the long haul
-------------------------------------------------------
> Liberal Logic 52 Wrote:
> --------------------------------------------------
> -----
> >
> > Which is by definition a bubble.
> >
>
> Disagree. The current mortgage interest rates are
> something very real.
Theyre artificially low and cant be kept there forever which is what a bubble is. Its creating a market because of the extremely favorable conditions as opposed to happening under normal circumstances. You dont have to have play money for something to be a bubble, but these basically 0 percent loans arent here for the long haul
Re: Home prices post biggest increase in 7 years
Posted by:
Real estate expert
()
Date: May 29, 2013 03:23AM
liberal logic 1.0 Wrote:
-------------------------------------------------------
> These housing price increases are clearly a
> bubble. I'm an Independent who distrusted the
> bubble under George W. Bush and equally distrusts
> the one now.
>
> Housing prices are rising far faster than incomes
> are rising, even more so when you consider the
> servicing costs of paying off college tuition
> student loans, the effect of the payroll tax
> increase, health care and other rising costs even
> as wages for 99% of Americans are stagnant or even
> falling. Yet the derivatives market is picking up
> again with CDO's and no-interest loans being
> divvied up. Unbelievable to see this yet again,
> and an often uncritical media reporting higher
> housing prices as though they are a good thing.
>
> The increases in housing costs are clearly being
> driven by speculators and investors looking to
> flip houses and sell rentals which are far beyond
> the practical ability of Americans to afford
> without going deep into unsustainable debt. As
> well as artificially low inventory from all the
> foreclosures kept off the market by the banks.
> Basically the housing market is depending on
> having more suckers every few months buying into
> the bubble to keep the prices going up. Sorry, but
> I figured we'd had enough of that disaster back in
> 2007, but I guess these lessons aren't easy to
> learn.
Don't bother saving your money now, that 500k house will cost 300k in 4 years. Interest rates will go back up to 5.8% but its still a better deal. Just take the advice from Sec 8 Sharon and get yourself a nice free cozy luxury apartment. Housing prices will crash again for sure.
-------------------------------------------------------
> These housing price increases are clearly a
> bubble. I'm an Independent who distrusted the
> bubble under George W. Bush and equally distrusts
> the one now.
>
> Housing prices are rising far faster than incomes
> are rising, even more so when you consider the
> servicing costs of paying off college tuition
> student loans, the effect of the payroll tax
> increase, health care and other rising costs even
> as wages for 99% of Americans are stagnant or even
> falling. Yet the derivatives market is picking up
> again with CDO's and no-interest loans being
> divvied up. Unbelievable to see this yet again,
> and an often uncritical media reporting higher
> housing prices as though they are a good thing.
>
> The increases in housing costs are clearly being
> driven by speculators and investors looking to
> flip houses and sell rentals which are far beyond
> the practical ability of Americans to afford
> without going deep into unsustainable debt. As
> well as artificially low inventory from all the
> foreclosures kept off the market by the banks.
> Basically the housing market is depending on
> having more suckers every few months buying into
> the bubble to keep the prices going up. Sorry, but
> I figured we'd had enough of that disaster back in
> 2007, but I guess these lessons aren't easy to
> learn.
Don't bother saving your money now, that 500k house will cost 300k in 4 years. Interest rates will go back up to 5.8% but its still a better deal. Just take the advice from Sec 8 Sharon and get yourself a nice free cozy luxury apartment. Housing prices will crash again for sure.
Re: Home prices post biggest increase in 7 years
Posted by:
Gerrymanderer2
()
Date: May 29, 2013 07:00AM
The stock market has gone up 18 % a year for the years Obama has been in office. The market has also gone up 106 % during his time in office. To compare, under Clinton which is the second highest rise in the stock market, it was up 15 percent yearly on average and under Bush it was down 6 %. Housing prices are back.
Just to put this in the faces of Republicans whom in the beginning of his administration which he took over in recession, they blamed him for the initial affects of that recession although it wasn't his policies to blame. Now we will credit him completely for the recovery.
Just to put this in the faces of Republicans whom in the beginning of his administration which he took over in recession, they blamed him for the initial affects of that recession although it wasn't his policies to blame. Now we will credit him completely for the recovery.
Re: Home prices post biggest increase in 7 years
Posted by:
barry white
()
Date: May 29, 2013 07:22AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> These fuckin pukes destroyed the economy and
> ransacked the treasury and they won't give a shred
> of credit to Obama's successful economic policies,
> with their fucking obstruction, 2 of the 4 years.
>
>
> Don't worry, come election time again the American
> people see the market, the housing prices,
> unemployment, the deficit reduction.
>
> They will pay for their actions one way or the
> other.
Let me know what kind of meds you take so I can avoid them
-------------------------------------------------------
> These fuckin pukes destroyed the economy and
> ransacked the treasury and they won't give a shred
> of credit to Obama's successful economic policies,
> with their fucking obstruction, 2 of the 4 years.
>
>
> Don't worry, come election time again the American
> people see the market, the housing prices,
> unemployment, the deficit reduction.
>
> They will pay for their actions one way or the
> other.
Let me know what kind of meds you take so I can avoid them
Re: Home prices post biggest increase in 7 years
Posted by:
hferse
()
Date: May 29, 2013 08:01AM
its all bullshit and smoke and mirrors by the NAR. just like the unemployment rate the housing numbers are run in a magic formula to dhow what they want it to.
just about every street around here at at least 2 for sale signs. and the ones that are doing FSBO do not get counted in that magic math.
there are upwards of millions of homes in the shadow inventory that are also not being counted
just about every street around here at at least 2 for sale signs. and the ones that are doing FSBO do not get counted in that magic math.
there are upwards of millions of homes in the shadow inventory that are also not being counted
Re: Home prices post biggest increase in 7 years
Posted by:
Gerrymanderer2
()
Date: May 29, 2013 08:11AM
Call it what you want. I see you losing more elections.
Re: Home prices post biggest increase in 7 years
Posted by:
Jerry Seinfeld
()
Date: May 29, 2013 08:19AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> Call it what you want. I see you losing more
> elections.
Sorry I wont lose any elections I choose not to run.
-------------------------------------------------------
> Call it what you want. I see you losing more
> elections.
Sorry I wont lose any elections I choose not to run.
Re: Home prices post biggest increase in 7 years
Posted by:
harry the house seller
()
Date: May 29, 2013 08:21AM
The real estate industry thanks you all for responding to the panic we have caused and are now reaping all the free publicity and benefits. We tell you prices are going up so you dont want to miss the bus and you run out and buy a home. Nothing sells like panic.
Re: Home prices post biggest increase in 7 years
Posted by:
easy company
()
Date: May 29, 2013 08:23AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> Call it what you want. I see you losing more
> elections.
^^^ the definition of a useful idiot. He thinks one party over the other cares about the poor or middle class. Both are bought and paid for by the rich, you really need to wake up.
-------------------------------------------------------
> Call it what you want. I see you losing more
> elections.
^^^ the definition of a useful idiot. He thinks one party over the other cares about the poor or middle class. Both are bought and paid for by the rich, you really need to wake up.
Re: Home prices post biggest increase in 7 years
Posted by:
Useless Idiot
()
Date: May 29, 2013 08:31AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> The stock market has gone up 18 % a year for the
> years Obama has been in office. The market has
> also gone up 106 % during his time in office. To
> compare, under Clinton which is the second highest
> rise in the stock market, it was up 15 percent
> yearly on average and under Bush it was down 6 %.
> Housing prices are back.
>
> Just to put this in the faces of Republicans whom
> in the beginning of his administration which he
> took over in recession, they blamed him for the
> initial affects of that recession although it
> wasn't his policies to blame. Now we will credit
> him completely for the recovery.
Math not your strong suit Ger.
Obama's years in office = 4
Your preposition that the market has gone up 18% for every year he's been in office times the number of years (18 x 4) = 72%. The market is now up 106%.
How about you try and stick to some facts and STFU with your hyperventilating gay love for Barack's skinny ass?
And yes, you are an useful idiot as the previous poster noted.
-------------------------------------------------------
> The stock market has gone up 18 % a year for the
> years Obama has been in office. The market has
> also gone up 106 % during his time in office. To
> compare, under Clinton which is the second highest
> rise in the stock market, it was up 15 percent
> yearly on average and under Bush it was down 6 %.
> Housing prices are back.
>
> Just to put this in the faces of Republicans whom
> in the beginning of his administration which he
> took over in recession, they blamed him for the
> initial affects of that recession although it
> wasn't his policies to blame. Now we will credit
> him completely for the recovery.
Math not your strong suit Ger.
Obama's years in office = 4
Your preposition that the market has gone up 18% for every year he's been in office times the number of years (18 x 4) = 72%. The market is now up 106%.
How about you try and stick to some facts and STFU with your hyperventilating gay love for Barack's skinny ass?
And yes, you are an useful idiot as the previous poster noted.
Re: Home prices post biggest increase in 7 years
Posted by:
liberal logic 65
()
Date: May 29, 2013 08:52AM
Useless Idiot Wrote:
>
> And yes, you are an useful idiot as the previous
> poster noted.
: )
>
> And yes, you are an useful idiot as the previous
> poster noted.
: )
Re: Home prices post biggest increase in 7 years
Posted by:
old news
()
Date: May 29, 2013 09:29AM
Useless Idiot Wrote:
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
when gerry is exposed as a liar on each post, which doesnt take long, he moves on to another thread. we are used to him by now and ignore him much in the same way we ignore the homeless guy ranting on a steam grate.
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
when gerry is exposed as a liar on each post, which doesnt take long, he moves on to another thread. we are used to him by now and ignore him much in the same way we ignore the homeless guy ranting on a steam grate.
Re: Home prices post biggest increase in 7 years
Posted by:
Libbys Homes
()
Date: May 29, 2013 09:58AM
Useless Idiot Wrote:
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
And Welfare spending is up 32%?
WTF does the value of our houses really matter?
There is a bigger problem here and his name is Bama.
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
And Welfare spending is up 32%?
WTF does the value of our houses really matter?
There is a bigger problem here and his name is Bama.
Re: Home prices post biggest increase in 7 years
Posted by:
ableidiot
()
Date: May 29, 2013 10:00AM
>
>
> And Welfare spending is up 32%?
> WTF does the value of our houses really matter?
> There is a bigger problem here and his name is
> Bama.
welfare is up because illegals now get welfare and food stamps
>
> And Welfare spending is up 32%?
> WTF does the value of our houses really matter?
> There is a bigger problem here and his name is
> Bama.
welfare is up because illegals now get welfare and food stamps
Re: Home prices post biggest increase in 7 years
Posted by:
gerry and sharon show
()
Date: May 29, 2013 10:25AM
Welfare spending is up because people are figuring it out. Those on welfare receive free or reduced housing. In Fairfax it can be a nice condo with swimming pools, club rooms and a gym. They also receive free health care, obamaphones, food stamps, free internet service and a welfare check each month. To get these same things while working you would have to make around $60,000 a year.
Re: Home prices post biggest increase in 7 years
Posted by:
Liar! Liar!
()
Date: May 29, 2013 10:26AM
gerry and sharon show Wrote:
-------------------------------------------------------
> Welfare spending is up because people are figuring
> it out. Those on welfare receive free or reduced
> housing. In Fairfax it can be a nice condo with
> swimming pools, club rooms and a gym. They also
> receive free health care, obamaphones, food
> stamps, free internet service and a welfare check
> each month. To get these same things while working
> you would have to make around $60,000 a year.
Really, none of that is true.
-------------------------------------------------------
> Welfare spending is up because people are figuring
> it out. Those on welfare receive free or reduced
> housing. In Fairfax it can be a nice condo with
> swimming pools, club rooms and a gym. They also
> receive free health care, obamaphones, food
> stamps, free internet service and a welfare check
> each month. To get these same things while working
> you would have to make around $60,000 a year.
Really, none of that is true.
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 10:28AM
Shoppers Food is food stamp central. On top of slowing things down with the stack of WIC checks, they just ignore the 15 items or less signs.
Re: Home prices post biggest increase in 7 years
Posted by:
Petty Bitches
()
Date: May 29, 2013 10:30AM
ex-Lester Wrote:
-------------------------------------------------------
> Shoppers Food is food stamp central. On top of
> slowing things down with the stack of WIC checks,
> they just ignore the 15 items or less signs.
Attachments:
-------------------------------------------------------
> Shoppers Food is food stamp central. On top of
> slowing things down with the stack of WIC checks,
> they just ignore the 15 items or less signs.
Attachments:
Re: Home prices post biggest increase in 7 years
Posted by:
Gerrymanderer2
()
Date: May 29, 2013 10:35AM
Useless Idiot Wrote:
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
You have to factor an increased economy per year and by percentage in relation to his whole tenure. Also he's been in office for over four years for the 106 % growth in the market.
When you call someone an stupid over math and your math is wrong that can get embarrassing.
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > The stock market has gone up 18 % a year for
> the
> > years Obama has been in office. The market has
> > also gone up 106 % during his time in office.
> To
> > compare, under Clinton which is the second
> highest
> > rise in the stock market, it was up 15 percent
> > yearly on average and under Bush it was down 6
> %.
> > Housing prices are back.
> >
> > Just to put this in the faces of Republicans
> whom
> > in the beginning of his administration which he
> > took over in recession, they blamed him for the
> > initial affects of that recession although it
> > wasn't his policies to blame. Now we will
> credit
> > him completely for the recovery.
>
>
> Math not your strong suit Ger.
>
> Obama's years in office = 4
> Your preposition that the market has gone up 18%
> for every year he's been in office times the
> number of years (18 x 4) = 72%. The market is now
> up 106%.
>
> How about you try and stick to some facts and STFU
> with your hyperventilating gay love for Barack's
> skinny ass?
>
> And yes, you are an useful idiot as the previous
> poster noted.
You have to factor an increased economy per year and by percentage in relation to his whole tenure. Also he's been in office for over four years for the 106 % growth in the market.
When you call someone an stupid over math and your math is wrong that can get embarrassing.
Re: Home prices post biggest increase in 7 years
Posted by:
Gerry Blvd
()
Date: May 29, 2013 10:36AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> Useless Idiot Wrote:
> --------------------------------------------------
> -----
> > Gerrymanderer2 Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > The stock market has gone up 18 % a year for
> > the
> > > years Obama has been in office. The market
> has
> > > also gone up 106 % during his time in office.
>
> > To
> > > compare, under Clinton which is the second
> > highest
> > > rise in the stock market, it was up 15
> percent
> > > yearly on average and under Bush it was down
> 6
> > %.
> > > Housing prices are back.
> > >
> > > Just to put this in the faces of Republicans
> > whom
> > > in the beginning of his administration which
> he
> > > took over in recession, they blamed him for
> the
> > > initial affects of that recession although it
> > > wasn't his policies to blame. Now we will
> > credit
> > > him completely for the recovery.
> >
> >
> > Math not your strong suit Ger.
> >
> > Obama's years in office = 4
> > Your preposition that the market has gone up
> 18%
> > for every year he's been in office times the
> > number of years (18 x 4) = 72%. The market is
> now
> > up 106%.
> >
> > How about you try and stick to some facts and
> STFU
> > with your hyperventilating gay love for
> Barack's
> > skinny ass?
> >
> > And yes, you are an useful idiot as the
> previous
> > poster noted.
>
>
> You have to factor an increased economy per year
> and by percentage in relation to his whole tenure.
> Also he's been in office for over four years for
> the 106 % growth in the market.
>
> When you call someone an stupid over math and your
> math is wrong that can get embarrassing.
Wow, you're really smart......for a retarded dumbass
Attachments:
-------------------------------------------------------
> Useless Idiot Wrote:
> --------------------------------------------------
> -----
> > Gerrymanderer2 Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > The stock market has gone up 18 % a year for
> > the
> > > years Obama has been in office. The market
> has
> > > also gone up 106 % during his time in office.
>
> > To
> > > compare, under Clinton which is the second
> > highest
> > > rise in the stock market, it was up 15
> percent
> > > yearly on average and under Bush it was down
> 6
> > %.
> > > Housing prices are back.
> > >
> > > Just to put this in the faces of Republicans
> > whom
> > > in the beginning of his administration which
> he
> > > took over in recession, they blamed him for
> the
> > > initial affects of that recession although it
> > > wasn't his policies to blame. Now we will
> > credit
> > > him completely for the recovery.
> >
> >
> > Math not your strong suit Ger.
> >
> > Obama's years in office = 4
> > Your preposition that the market has gone up
> 18%
> > for every year he's been in office times the
> > number of years (18 x 4) = 72%. The market is
> now
> > up 106%.
> >
> > How about you try and stick to some facts and
> STFU
> > with your hyperventilating gay love for
> Barack's
> > skinny ass?
> >
> > And yes, you are an useful idiot as the
> previous
> > poster noted.
>
>
> You have to factor an increased economy per year
> and by percentage in relation to his whole tenure.
> Also he's been in office for over four years for
> the 106 % growth in the market.
>
> When you call someone an stupid over math and your
> math is wrong that can get embarrassing.
Wow, you're really smart......for a retarded dumbass
Attachments:
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 10:40AM
One phrase summarizes the economy during his tenure: Cash for GDP. Bush did the same in running up debt to drive the economy, except the debt he ran up also included the 7 trillion dollars in mortgage debt. Outstanding mortgage debt hasn't increased under Obama. Hence, it's being made up for by taking on more fiscal deficits and money printing.
Re: Home prices post biggest increase in 7 years
Posted by:
liberal logic 74
()
Date: May 29, 2013 10:40AM
ex-Lester Wrote:
-------------------------------------------------------
> Shoppers Food is food stamp central. On top of
> slowing things down with the stack of WIC checks,
> they just ignore the 15 items or less signs.
Then Why are you shopping there? If its such a bloody inconvenience why go somewhere just to annoy yourself? Why not just shop at Wegmans? Whats the matter? Cant afford to shop somewhere hoity toity like the people who are pulling down the big money?
-------------------------------------------------------
> Shoppers Food is food stamp central. On top of
> slowing things down with the stack of WIC checks,
> they just ignore the 15 items or less signs.
Then Why are you shopping there? If its such a bloody inconvenience why go somewhere just to annoy yourself? Why not just shop at Wegmans? Whats the matter? Cant afford to shop somewhere hoity toity like the people who are pulling down the big money?
Re: Home prices post biggest increase in 7 years
Posted by:
Libbys SPCA
()
Date: May 29, 2013 10:43AM
gerry and sharon show Wrote:
-------------------------------------------------------
> Welfare spending is up because people are figuring
> it out. Those on welfare receive free or reduced
> housing. In Fairfax it can be a nice condo with
> swimming pools, club rooms and a gym. They also
> receive free health care, obamaphones, food
> stamps, free internet service and a welfare check
> each month. To get these same things while working
> you would have to make around $60,000 a year.
"Welfare spending is up because people are figuring it out."
No, the Government is handing our our money to people for no other reason than to create a population of dependents. Dependents are easier to manipulate.
Its like a stray cat. If you feed it, it stays and shits in your yard. Stop feeding it and it will leave and shit in someone else's yard.
We need an SPCA for the poor people. Oh wait, we have Planned Parenthood.
We need to set expectations for our citizens.
-------------------------------------------------------
> Welfare spending is up because people are figuring
> it out. Those on welfare receive free or reduced
> housing. In Fairfax it can be a nice condo with
> swimming pools, club rooms and a gym. They also
> receive free health care, obamaphones, food
> stamps, free internet service and a welfare check
> each month. To get these same things while working
> you would have to make around $60,000 a year.
"Welfare spending is up because people are figuring it out."
No, the Government is handing our our money to people for no other reason than to create a population of dependents. Dependents are easier to manipulate.
Its like a stray cat. If you feed it, it stays and shits in your yard. Stop feeding it and it will leave and shit in someone else's yard.
We need an SPCA for the poor people. Oh wait, we have Planned Parenthood.
We need to set expectations for our citizens.
Re: Home prices post biggest increase in 7 years
Posted by:
liberal logic 74
()
Date: May 29, 2013 10:50AM
Confidence? you want confidence in the market?
BIG GAIN: U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. The Standard & Poor’s/Case-Shiller home price index released Tuesday also showed that all 20 cities measured by the report posted year-over-year gains for the third straight month.
SMALL SUPPLY: A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover. The number of available homes jumped in April, but was still 14 percent below year-ago levels.
Let the plebes fight for crumbs. Investors are 12 steps ahead and always will be.
BIG GAIN: U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. The Standard & Poor’s/Case-Shiller home price index released Tuesday also showed that all 20 cities measured by the report posted year-over-year gains for the third straight month.
SMALL SUPPLY: A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover. The number of available homes jumped in April, but was still 14 percent below year-ago levels.
Let the plebes fight for crumbs. Investors are 12 steps ahead and always will be.
Re: Home prices post biggest increase in 7 years
Posted by:
Liberal Logic 107
()
Date: May 29, 2013 11:04AM
liberal logic 74 Wrote:
-------------------------------------------------------
> Confidence? you want confidence in the market?
> BIG GAIN: U.S. home prices jumped 10.9 percent in
> March compared with a year ago, the most since
> April 2006. The Standard & Poor’s/Case-Shiller
> home price index released Tuesday also showed that
> all 20 cities measured by the report posted
> year-over-year gains for the third straight
> month.
>
> SMALL SUPPLY: A growing number of buyers are
> bidding on a tight supply of homes, driving prices
> higher and helping the housing market recover. The
> number of available homes jumped in April, but was
> still 14 percent below year-ago levels.
>
> Let the plebes fight for crumbs. Investors are 12
> steps ahead and always will be.
Take your meds ferfux. If you spend too much time posting on here youre going to miss the afternoon shitting on police cars in the OWS camp
-------------------------------------------------------
> Confidence? you want confidence in the market?
> BIG GAIN: U.S. home prices jumped 10.9 percent in
> March compared with a year ago, the most since
> April 2006. The Standard & Poor’s/Case-Shiller
> home price index released Tuesday also showed that
> all 20 cities measured by the report posted
> year-over-year gains for the third straight
> month.
>
> SMALL SUPPLY: A growing number of buyers are
> bidding on a tight supply of homes, driving prices
> higher and helping the housing market recover. The
> number of available homes jumped in April, but was
> still 14 percent below year-ago levels.
>
> Let the plebes fight for crumbs. Investors are 12
> steps ahead and always will be.
Take your meds ferfux. If you spend too much time posting on here youre going to miss the afternoon shitting on police cars in the OWS camp
Re: Home prices post biggest increase in 7 years
Posted by:
Gerrymanderer2
()
Date: May 29, 2013 11:08AM
I can't wait until eight long years of Hillary Clinton.
Re: Home prices post biggest increase in 7 years
Posted by:
Mittens Having Kittens
()
Date: May 29, 2013 11:09AM
liberal logic 74 Wrote:
-------------------------------------------------------
> Confidence? you want confidence in the market?
> BIG GAIN: U.S. home prices jumped 10.9 percent in
> March compared with a year ago, the most since
> April 2006. The Standard & Poor’s/Case-Shiller
> home price index released Tuesday also showed that
> all 20 cities measured by the report posted
> year-over-year gains for the third straight
> month.
>
> SMALL SUPPLY: A growing number of buyers are
> bidding on a tight supply of homes, driving prices
> higher and helping the housing market recover. The
> number of available homes jumped in April, but was
> still 14 percent below year-ago levels.
>
> Let the plebes fight for crumbs. Investors are 12
> steps ahead and always will be.
Hey Gertard, do you think the Fed dumping $85,000,000,000 a month into the economy with most of it going to the housing market has anything to do with it? Moron....
Attachments:
-------------------------------------------------------
> Confidence? you want confidence in the market?
> BIG GAIN: U.S. home prices jumped 10.9 percent in
> March compared with a year ago, the most since
> April 2006. The Standard & Poor’s/Case-Shiller
> home price index released Tuesday also showed that
> all 20 cities measured by the report posted
> year-over-year gains for the third straight
> month.
>
> SMALL SUPPLY: A growing number of buyers are
> bidding on a tight supply of homes, driving prices
> higher and helping the housing market recover. The
> number of available homes jumped in April, but was
> still 14 percent below year-ago levels.
>
> Let the plebes fight for crumbs. Investors are 12
> steps ahead and always will be.
Hey Gertard, do you think the Fed dumping $85,000,000,000 a month into the economy with most of it going to the housing market has anything to do with it? Moron....
Attachments:
Re: Home prices post biggest increase in 7 years
Posted by:
Booooooooooooooo
()
Date: May 29, 2013 11:13AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> I can't wait until eight long years of Hillary
> Clinton.
A silly, stupid Gerrytard raises the white flag of surrender on defending the Criminal in Chief and moves on the his next messiah. Sucks don't it Ger? LoLzzzzz
Attachments:
-------------------------------------------------------
> I can't wait until eight long years of Hillary
> Clinton.
A silly, stupid Gerrytard raises the white flag of surrender on defending the Criminal in Chief and moves on the his next messiah. Sucks don't it Ger? LoLzzzzz
Attachments:
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 11:17AM
liberal logic 74 Wrote:
-------------------------------------------------------
> ex-Lester Wrote:
> --------------------------------------------------
> -----
> > Shoppers Food is food stamp central. On top of
> > slowing things down with the stack of WIC
> checks,
> > they just ignore the 15 items or less signs.
>
> Then Why are you shopping there? If its such a
> bloody inconvenience why go somewhere just to
> annoy yourself? Why not just shop at Wegmans?
> Whats the matter? Cant afford to shop somewhere
> hoity toity like the people who are pulling down
> the big money?
Wegmans is actually pretty cheap. I find the prices at the Ashburn Wegmans and Walmart comparable.
-------------------------------------------------------
> ex-Lester Wrote:
> --------------------------------------------------
> -----
> > Shoppers Food is food stamp central. On top of
> > slowing things down with the stack of WIC
> checks,
> > they just ignore the 15 items or less signs.
>
> Then Why are you shopping there? If its such a
> bloody inconvenience why go somewhere just to
> annoy yourself? Why not just shop at Wegmans?
> Whats the matter? Cant afford to shop somewhere
> hoity toity like the people who are pulling down
> the big money?
Wegmans is actually pretty cheap. I find the prices at the Ashburn Wegmans and Walmart comparable.
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 11:18AM
You have Wegmans confused with Whole Paycheck. Our WF has free valet parking.
Re: Home prices post biggest increase in 7 years
Posted by:
Best reason to go
()
Date: May 29, 2013 11:21AM
Shoppers Food Warehouse - Chocolate carmel donuts covered with nuts
Re: Home prices post biggest increase in 7 years
Posted by:
Liberal Logic 107
()
Date: May 29, 2013 11:21AM
ex-Lester Wrote:
-------------------------------------------------------
> Wegmans is actually pretty cheap. I find the
> prices at the Ashburn Wegmans and Walmart
> comparable.
Ferfuxs suggestion to shop at wegmans is the first thing hes been right about in weeks.
Wegmans can be pricey but they have a good selection and is actually a great place to shop. We can also agree on whole foods being a rip off.
-------------------------------------------------------
> Wegmans is actually pretty cheap. I find the
> prices at the Ashburn Wegmans and Walmart
> comparable.
Ferfuxs suggestion to shop at wegmans is the first thing hes been right about in weeks.
Wegmans can be pricey but they have a good selection and is actually a great place to shop. We can also agree on whole foods being a rip off.
Re: Home prices post biggest increase in 7 years
Posted by:
frank burns
()
Date: May 29, 2013 11:24AM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> I can't wait until eight long years of Hillary
> Clinton.
I wouldnt worry, doesnt matter who is in office your food stamps and welfare checks will still arrive right on time
-------------------------------------------------------
> I can't wait until eight long years of Hillary
> Clinton.
I wouldnt worry, doesnt matter who is in office your food stamps and welfare checks will still arrive right on time
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 11:30AM
The pricey stuff at Wegmans is in the Market Cafe wing of the store. The bakery, butcher shop, the pre-prepared meals and entre's. Their sushi is very good, but comparable in price to a good carryout like Chopsticks in Herndon. If you want it fresh, you go to a carryout or a restaurant. Their Asian Wokery has become watered-down since they started catering to non-Chinese clientele by adding in Thai and Indian food.
Re: Home prices post biggest increase in 7 years
Posted by:
ex-Lester
()
Date: May 29, 2013 12:46PM
Smart money is getting out.
http://www.bloomberg.com/news/2013-05-29/carrington-stops-buying-u-s-rentals-as-blackstone-adding.html
Publicly-traded funds are buying now. Their activity is driven by how much they can attract from the pubiic as opposed to professional real estate investors.
Last month, Sam Zell said the same thing about commercial real estate.
http://www.bloomberg.com/news/2013-05-29/carrington-stops-buying-u-s-rentals-as-blackstone-adding.html
Publicly-traded funds are buying now. Their activity is driven by how much they can attract from the pubiic as opposed to professional real estate investors.
Last month, Sam Zell said the same thing about commercial real estate.