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:

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

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  2. dearieme,

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

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  3. 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.

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  4. Joseph Constable,

    Military industrial complex for the win!

    Sigh.

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

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  6. michael,

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

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  7. 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.

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  8. 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.

    ReplyDelete