The Chicken Little Pundits Rebuttal or The Housing Bubble Bloggers Retort
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Sorry to say the retort to the housing bubble bloggers is not going to come from me but rather Seeking Alpha’s Ben Holdsworth. I have spent part of the morning trying to paraphrase his column and realized that there is no way to do it justice coming from this humble scribe.
So if you have 5 minutes, read Ben’s article here and think about it. The news may not be as dire as the press and others would have you believe for the American public.
No “doom prophet” has mentioned the Mortgage Bankers Association weekly mortgage applications survey in the deluge of economic fear-mongering. They don’t want you to pat attention to it – or grasp its ramifications. The survey compiles data on about 50% of US mortgage applications submitted the previous week. The “survey contains 15 indices covering application activity for fixed rate, adjustable rate, conventional and government loans for home purchases and refinances. A new report is posted every Wednesday with the previous week’s market activity.” via Seeking Alpha.
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
The part about the inventory is right on but in my area they are mostly low end and beat up ...
I worked for this man, he is a great con man and has done this in more than States then ...
You're right. If you come from Central Jersey (as the Boss and I do), you go to Florida at some ...
Maybe it was kryptonite...
ECONOMIC REPORT
'Prolonged' recession, higher joblessness seen likely
NABE survey indicates most economists now believe U.S. recession's started
By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
BY USING FIRST CLAIM INSURANCE ADJUSTERS YOU WILL HAVE THE ABILITY TO LOOK AT YOUR INSURANCE SETTLEMENT AND REALIZE FIRST ...
