Saturday, May 2, 2015

Housing Nirvana

May 1, 2015
Anemic U.S. factory data points to moderate growth bounce

There was also an increase in consumers saying it was a good time to buy and sell a house, which should support home sales.

There has never been a better time to buy and sell a house! With interest rates so low, you'd be a fool not to buy! With interest rates on the rise, you'd be a fool not to sell! They just aren't making any more land! Time to buy! They aren't making any less land either! Sell! Sell! Sell!

Buy and sell now or forever be priced out and in!!

Congratulations to the Fed and the National Association of Realtors for making this all so clear to us. We've reached brainwashing nirvana! Woohoo!!

8 comments:

dearieme said...

I'll bet there are bargains on sale in Baltimore.

Stagflationary Mark said...

dearieme,

The battle cry of a protesting looter: "Free-for-all!"

Joseph Constable said...

Factory data points to slow growth, not moderate growth.

Almost always look at year over year percentage changes using the non-seasonally adjusted data.

Thanks go to Boeing once again. And the military industrial complex at least did not pull down the numbers. Consumer industries, both durable and non-durable, are not doing well.

Stagflationary Mark said...

Joseph Constable,

Military industrial complex for the win!

Sigh.

michael said...

It is never a bad time to sell an over-inflated house and shed debt.

Stagflationary Mark said...

michael,

Some sheds are underwater and it can therefore be difficult to shed the debt.

Michael said...

Mark,

Like much of life, timing is everything. It is wrong that so many folks have been lured into over priced homes. I blame the government and the banks.

Housing is shelter and we all need it. Which is why its inflated.

Stagflationary Mark said...

Michael,

The lack of affordable housing leads to:

Cardborigami

Our Mission: As a non-profit organization, Cardborigami’s mission is to provide immediate transitional shelters for people who are homeless and for people who are displaced around the world.

Sigh.