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 Housing Double-Dip Worsens As Prices Fall To New Lows; Recovery Nears

Created by:
Saul Klein, Business/Management ,  San Diego,  CA

Date: May 29, 2012, Number of Replies: 5

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Rich Hudson Information Technology,  Menifee,  CA

Date: May 29, 2012

Yep. Shadow inventory almost used up. I see it on my block: 50/50 new owners to renters in single-famly. But those moving in are fixing up. My area is getting better, but gated community, nice amenities, nice area.

This whole housing fiasco is just the latest example of our government at work. Private industry does almost everything better and cheaper than government. They stick their noses into industries where they don't belong and basically cause the biggest economic SNAFU since the depression.

Less government is better than more government.

Johnson/Gray 2012 -- The Perfect Team at the Perfect Time.

Rich Hudson

Gary Johnson 2012

Western States Outreach Coordinator



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Kathy Fuhriman Licensed Real Estate Agent,  Tremonton,  UT

Date: May 29, 2012

No double dip in Northern Utah real estate. In my opinion the media is having some difficulty finding something to write about now that the recession is over and housing recovery is well on its way to normal. Employment is getting much better as people who want to work are working. The housing news is all good and the media does not know how to report good news so they continue to milk any minor blip in recovery to keep selling lies.

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Sally Hardman Licensed Real Estate Broker,  St. Simons Island,  GA

Date: May 30, 2012

Maybe I should move to Utah. Wait... you have snow, don't you? Guess I just stay here with our still struggling economy. Can't wait unit I can post our recession is over!

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Tish Osborne Licensed Real Estate Agent,  New Port Richey,  FL

Date: May 30, 2012

An interesting graphic from kcmblog.com...


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Denise Dauphinais Licensed Real Estate Broker,  Danville,  CA

Date: May 30, 2012

Signs of gradual recovery are showing up in some US markets. Most economists are cautious about saying we are at bottom and economic indicators say we are not there yet either. A Bloomberg article just said today that "limited access to creddit and persistent foreclosures still weigh on housing, adding to concern it will remain a source of weakness for the world's largest economy."
Denise Dauphinais
Better Homes & Gardens Real Estate/Mason-McDuffie
Danville, CA 94526
"Your Real Estate Resource"
RE Broker, GRI, e-PRO, SFR

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