Author
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Topic: Home Sales Up 44 Percent!
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Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 29, 2020 03:30 PM
Thank you, President Trump!IP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 29, 2020 04:52 PM
White flight. Hello suburbia!------------------ Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
teasel Knowflake Posts: 15102 From: Registered: Apr 2009
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posted June 29, 2020 06:54 PM
People have been leaving the cities, due to covid. When quarantine first started, our dog pound had all of their dogs quickly adopted. We have new neighbours - our old ones were here for nine years, and they left because they have a rental property they can live in, the money from the sale of the house, can pay for all four years of their son's tuition. Our new neighbours have three kids and three dogs. They're out in the large garden a lot, and a camper they have parked next to the house. IP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 29, 2020 07:37 PM
The rioting kicked it up a notch as well. ------------------ Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
shura Knowflake Posts: 2439 From: kamaloka Registered: Jun 2009
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posted June 29, 2020 08:09 PM
Would a virus cause urbanists to sell in large numbers? A virus most assume will eventually burn out? Maybe Juni remembers the last massive white flight following all that 60s inner city rioting IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 29, 2020 10:16 PM
Home sales equate to home buyers. For me to successfully sell my home means that someone bought it. Stagnate home sales indicate a bad economy. Rising home sales signify the opposite. IP: Logged |
shura Knowflake Posts: 2439 From: kamaloka Registered: Jun 2009
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posted June 29, 2020 11:52 PM
Wow I had no idea it worked like thatIP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 30, 2020 07:59 AM
Why are they running and buying... its not the millions laid off or the ease of working your job for a paycheck. Its fear. ------------------ Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
PhoenixRising Knowflake Posts: 741 From: Registered: May 2011
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posted June 30, 2020 09:39 AM
Nice to know-- I have been thinking for selling my home and downsizing/renting.Still not comfortable with people walking around my house with possibly MERS, COVID-19 .
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PhoenixRising Knowflake Posts: 741 From: Registered: May 2011
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posted June 30, 2020 09:46 AM
Juni--perhaps its the chinese on the roll again and buying properties . Even the koreans. They have the money. IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 10:35 AM
People buy when they can afford to buy. People sell when there are people to buy. If people were running away, no one would be running to. IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 11:05 AM
Home sales are an indicator of a thriving economy. This is a very positive sign of things to come.IP: Logged |
shura Knowflake Posts: 2439 From: kamaloka Registered: Jun 2009
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posted June 30, 2020 12:11 PM
"Home sales are an indicator of a thriving economy. This is a very positive sign of things to come."Here is the rot in the GOP made plain The Repub party is devoid of moral imperative and is now focused solely on economics. This is why it obligingly trails behind the Left directed cultural revolution by 20 yrs. This is why it is impotent in the face of the mass violent unrest and government takeover. This is why it succumbs to the moral authority of the Left - not only powerless to oppose the Left's Woke Crusade, but actually supporting it! The Left has a fire in its belly because it believes in something. In that sense, history really is on its side
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PhoenixRising Knowflake Posts: 741 From: Registered: May 2011
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posted June 30, 2020 12:17 PM
Battle is now being played in the Health sector. It is not the economy, stupid! An unhealthy population in body and mind will never make this earth golden.IP: Logged |
PhoenixRising Knowflake Posts: 741 From: Registered: May 2011
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posted June 30, 2020 12:19 PM
It is possible people are downsizing , moving some where else , perhaps another country. If the trend continues there will be more sellers than buyers and foreclosure will bloom come 2021.
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Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 03:55 PM
A bad economy and people locked down also kill people.IP: Logged |
PhoenixRising Knowflake Posts: 741 From: Registered: May 2011
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posted June 30, 2020 04:13 PM
There is a reason for the lockdown..Slow down is needed. The rightists has not done anything to make us healthy so far. Their motto "In God we trust" is going to provide for all resources that perish. Resources are finite on earth as we have learnt. Earth dies too but slowly. IP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 30, 2020 04:45 PM
quote: Originally posted by Randall: Home sales are an indicator of a thriving economy. This is a very positive sign of things to come.
Sadly randall, its the opposite. Fear drives people and thats what is happening. Their urban/city life is melting fast. Atlanta is a prime example. Its not economics but fear of personal safety. Riddle me this, where are the houses being bought? Urban, city, suburbia or rural??? @PhoenixRising, could be. 🤔 ------------------ Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 05:07 PM
Fear drives people to buy homes also? I think not.IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 05:27 PM
It would be helpful to know where the home sales are, but just like adding new jobs, nationwide home sales are indicative of an improvement in the economy. IP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 30, 2020 06:47 PM
You have real estate savvy, show us how the stats work .------------------ Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 07:22 PM
It’s really just economics. Contrast it with 2008/2009 when home sales plummeted. In a down market, homes can sit for many months. Sellers do sell for any number of reasons. But buyers only buy when they can afford to do so and when they are optimistic about the housing market in general and about the neighborhood in particular.IP: Logged |
shura Knowflake Posts: 2439 From: kamaloka Registered: Jun 2009
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posted June 30, 2020 07:43 PM
yeah if I were living in Minneapolis I'd be real optimistic about the burbs right about now.IP: Logged |
Randall Webmaster Posts: 128891 From: From a galaxy, far, far away... Registered: Apr 2009
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posted June 30, 2020 07:49 PM
Keep in mind that it’s the Democrat run cities that are experiencing these issues. Nationally, things are picking up. IP: Logged |
juniperb Moderator Posts: 11921 From: Blue Star Kachina Registered: Apr 2009
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posted June 30, 2020 07:56 PM
Right, economy is great.IP: Logged |