Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Holy crap, Batman.......this is the ENTIRE reason for sure!
Damn...it's good to have common sense.
DUH!
The tax credit was expanded after the deadline and it was known ahead of time that even existing homeowners would get 6,500. If anything, this should have increased home sales. RD is one of the biggest water carriers for the Dems. Party first, party always.
People rushed to close on homes in November before the tax credit expired.
Now that the credit was extended 6 more months, people are taking their time ... and OBVIOUSLY sales would drop in December!
Can you say ... DUH?
Do you also wonder why the Saturday immediately following Black Friday has much lower sales volume than Black Friday?
The minds of Republicans never ceases to amaze me!
It will more than likely pick back up again the month of January & February. It was announced I believe today that the government was no longer going to subsidize the mortgage interest rates to keep them low. So those who were dragging their feet will try to get in on the interest rates before they start going back up to 6 & 7%
It will more than likely pick back up again the month of January & February. It was announced I believe today that the government was no longer going to subsidize the mortgage interest rates to keep them low. So those who were dragging their feet will try to get in on the interest rates before they start going back up to 6 & 7%
Then prices will drop further, guaranteed. It must fall further to make up for the interest rate hikes.
The tax credit was expanded after the deadline and it was known ahead of time that even existing homeowners would get 6,500. If anything, this should have increased home sales. RD is one of the biggest water carriers for the Dems. Party first, party always.
"Proud Obama Supporter"....second.
Guess there's still a few left that have chosen to go down with the ship.
PROUD to sink......to the bottom....and never see the light of day again.
December home sales down nearly 17 percent - Yahoo! Finance (http://finance.yahoo.com/news/December-home-sales-down-apf-2729493334.html?x=0&.v=6 - broken link)
Wow. this is devastating news. So..far a year obama focused like a zealous nut on health care, instead of on jobs and the economy. If you don't have a job, you can't buy a home, if you don't have a job, how can you keep your home?
Down 17% compared to November 2009, UP^ 15% compared to December 2008....
Down 17% compared to November 2009, UP^ 15% compared to December 2008....
I would say that you owe us a link with your 15% figure in it. The nearest to that number I found in that article was this: The median sales price was $178,300, up 1.5 percent from a year earlier and the first yearly gain since August 2007
You didn't by any chance misread something by accident, did you?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
