Read this article about housing and describe what is going on........ and don't forget we want to hear what you think about this. This article is for May 2nd.
Tuesday, April 26, 2011
Double Dip? And We Are Not Talking Ice Cream.........
Read this article about housing and describe what is going on........ and don't forget we want to hear what you think about this. This article is for May 2nd.
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38 comments:
The "Double Dip" article is kind of on the depressing side. I knew the economy was bad, so home sales are taking a huge hit, but i had no idea it was as bad as the article implies. According to the article, since its peak in 2006, the new home sales has plummeted 32%. Actions need to be taken to bring our economy & home sales back.
The decline of home sales are affecting more than just that. When they decrease, they can lead to more foreclosures. It's sad that today, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank. The article said that home sales will probably keep falling for a while, until the economy starts to improve again. Which will hopefully be soon.
It's crazy how bad the "Double Dip" article makes the house market sound. Seeing the only thing to bring back the market would be a change in the Economy and the job market, things are not looking good. Considering that at one point the home sales we declining for 36 months straight, I have no confidence in the market.
The "Double Dip" article is another depressing one. I've known that home sales aren't doing well at all. In 2002 my family was thinking about moving and we were constantly looking at homes, then my dad had a hard time picking a house worth its value. Home sales have gone down 32% since 2006, which is not too far from half. Washington has had the only gain, which is 2.7%.
Well I'm not too surprised how bad the "Double Dipping" is on home sales but I think it's dumb to keep building new homes and divisions if no one is buying. It costs less to buy a home that's old and still in good condition, than a new home. I mean if we just stopped building new homes or had buy real estates and refurbish them that would help our economy.
It's sad that today, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank. Plus home sales have gone down 32% since 2006.The article said that home sales will probably keep falling for a while, until the economy starts to improve again. which may be soon
Its terrible to here how there is no hope for the economy to rebound, in the housing department. We have been looking into buying a new house for several months and the housing market is great for purchasing but there is no way we can move or afford a new house because we cant sell our old house. The housing decline is hurting families all over because of foreclosures and it is depressing to read about.
this article makes the housing market look horrible... i hope the economy comes back around because its not looking good at all right now. home sale has droped 32 percent of were it was in 2006.
The "Double Dip" article was pretty shocking, i knew that that home sales were bad because i always hear my parents talking about it but i had no idea they were this bad. Home sales have gone down 32% since 2006. i also think its a bad idea to keep building more and more new homes when the ones on the market are barely being bought.
This is not a surprising article. I had no idea that the sales of home even went up. I can't remember the last time I heard of a house selling or my friends moving. Even the big cities like Minneapolis aren't doing very well and it's not a change. With percentages going from 3.3% to -2.7% is sad, but at the same time our economy just keeps declining and were not going anywhere. Slowly it seems each year were going in the hole more and more.
This article "Double Dipping" was really discouraging to read. I knew home sales weren't doing well in today's economy, but I had no idea just how bad sales have decreased. Since 2006, home sales have declined by 32%. That's definitely a significant drop. If you're thinking of selling your house, you should probably reconsider.
I hate to think that this article could be true, but we can see the evidence everywhere. Our family just sold a house and it took us quite a while. All I can say is I hope it gets better soon, a 32% decline does not bode well for our economy.
I always knew the economy wasnt very good but i didnt think it was, or could get this bad. Its kind of scar to hear about all of the homes that are being forclosed on. Today, over 30% of homes are foreclsed on or owned by the banks. I feel like it isnt going to get any better. Nobody can afford to buy a new home now and probably wont be able to in the future.
The housing market has always been pretty bad. They are money pits. I dont think its surprising at all at how the market has been effecting. The thought of owning a home is lovely, but when its reality, its filled with dept and heartache.
I'm not suprised at all at how "double-dip" talks about how low the sales of homes are. Its very and will not get better for awhile. This is very depressing to hear..and one houses value go down it makes the neighborhood value go down. This is hurting families all over the country.
Obviously, Double Dipping isnt a good thing. Home sales are always the key for most of our economy. People are never satisfied withwhat they have and they always want more, but if home sales are down there is no way to get our economy back up. Usually there is an increase in home sales and a decrease in home sales that happens in patterns, but lately since there hasnt been any pattern and weve just had decreases we need to get our home sales back up.
I of course figured that this economy was pretty bad, but darn man! the decline of those home sales has really hurt us more than i thought and 32% decrease in new home sales????!!!! That;s straight up crazy
Homes sales wont improve until the economy improves, 30% is a lot and if that percentage is estimated to increase, doesn't our government think they should join together to fix it before it rises. The "Double Dip" article helps open my eyes to how bad the economy is.
New home sales are one of the top things that will bring up our economy. If people are buying homes, jobs will be created which is very good for our economy! But if no homes are being built, we are not stimulating the economy in any way. I really hope this gets better soon!
I knew our economy was bad it just seems to get worse. Home values are sinking from the recent 3.3% lost. Plus the already 32% home value lost since 2006. If this keeps up we possible could be heading into a double dip recession.
home sales are not doing well at all. since 2006 new home sales have went down 32% thats crazy! are economy is suffering so much. we need to find new ways to get it up because obvisously the ones were doing now is not working!
the article "double dip" makes the housing market look terrible. its saddening in a way. the economy really needs to bounce back because its not looking good at all right now. home sale has droped 32% of were it was in 2006
I think the article was sad. I knew that we had a bad economy and that home sales have taken a hit but i had no idea that it was that bad. things to need to change or i will have to go to another country.
With home sales at this rate i don't know where i stand when it comes to our economy. 36 months straight? thats crazy. with people not having jobs and the failure of our economy i don't think were going to see improvements for a long time. something really needs to be done. and soon.
I found this article sort of depressing. i know that our economy is bad because of home sales but this article makes it sound even worse. Since the peek in 2006, the new home sale has gone down to 32%. Something needs to be done to help our economy and new home sales.
It's terrible that now, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank.According to the article, since its peak in 2006, the new home sales has plummeted 32%.
Its scary to hear about all of the homes being foreclosed. I have realized that the economy is really bad but i didnt realize that it was this bad. Its sad to hear that 30% of home sales are distressed homes that have been foreclosed.
Its scary to hear about all of the homes being foreclosed. I have realized that the economy is really bad but i didnt realize that it was this bad. Its sad to hear that 30% of home sales are distressed homes that have been foreclosed.
The "Double Dip" article is kind of on the depressing side. It's sad that today, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank. Home sales have gone down 32% since 2006, which is not too far from half. Washington has had the only gain, which is 2.7%.
This article really makes our housing market look terrible. Hopefully, the economy will get better, and with it, home sales. However, home sales have been declining since 2006 so it does not look good. After reading this article, I am not confident in our nations housing market.
Kinda mad i didnt see this, but anyways... I feel like they didn't give us an enough information to show a double dip recession. even though the houses lead to increase in foreclosures and mortgage loaners it's just not enough
The economy is really bad how it is but especially the house market is taking a bad hit. Realtors are suffering...I mean this is their job and they aren't able to sell as many houses. It is upsetting that it has dropped 32% sine 2006. I hope we recover from it.
The "Double Dip" article is another depressing one. I think its horrible that 30% of homes are being foreclosed now. Right now it seems like our economy is just getting worse.
Its terrible to here how there is no hope for the economy to rebound, in the housing department. We have been looking into buying a new house for several months and the housing market is great for purchasing but there is no way we can move or afford a new house because we cant sell our old house. The housing decline is hurting families all over because of foreclosures and it is depressing to read about.
This article really puts into perspective just how bad the economy is. I knew that home sales were low and were dropping recently, but I had no idea it was this bad. It's leading to more foreclosures, which is terrible. The article said that home sales are going to continue to fall until the economy starts to improve again, which may take a while. I think we need to stop building homes until the economy starts to rise again, because it's pointless if nobody is going to buy them.
The "Double Dip" article is kind of on the depressing side. It's sad that today, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank. Home sales have gone down 32% since 2006, which is not too far from half. Washington has had the only gain, which is 2.7%.The decline of home sales are affecting more than just that. When they decrease, they can lead to more foreclosures. It's sad that today, over 30% of home sales are distressed homes that have been foreclosed or are currently owned by the bank. The article said that home sales will probably keep falling for a while, until the economy starts to improve again. Which will hopefully be soon.
I can't believe how much home sales effect our economy. It makes me sad thinking that the home sales will keep decreasing which will not help our problem at all. They have gone down 32% since 2006 and it isn't getting better. It's scary thinking of all the homes that are owned by the bank because of foreclosure. I really want it to get better ASAP because soon i will be buying a home.
This article is depressing. I know that home sales aren't doing well. I hear a lot about foreclosures in Middletown. We had to sell my grandpa's house when he passed away and we didn't get near what we needed for the house. Home sales have gone down 32% since 2006, which is not too far from half. I just hope it gets better for Middletown here soon.
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