New Home Sales (27)
GO OBAMA !! YES WE CAN !!! 
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It's a move in the right direction but still a long way to go. It'll be interesting to see the reports on all home sales and to see if this improvment continues. I hope it does..
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so, what is it compared to last year? Did the $8000 incentive help in home sales for first time buyers? What will it be like next year?
I heard today that many economists claim the recession is over. Does this mean we can give back all the 90% of unused stimulus money to the Chinese?
It really is a step in the right direction on paper, but are the numbers being propped up by tax dollars?
I heard today that many economists claim the recession is over. Does this mean we can give back all the 90% of unused stimulus money to the Chinese?
It really is a step in the right direction on paper, but are the numbers being propped up by tax dollars?
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Here in Central Florida, we have seen an increase of downsizing into smaller homes.....and a number of new house auctions have been going on.
Still waiting here to see some big DEMs drop bundles into the
stock market. I would not call it a 'turn around' till they have confidence in stock market again, Ooby Dooby.
When they get there.....they will be buying stock from Obama government.....the way it looks.:-)
Still waiting here to see some big DEMs drop bundles into the
stock market. I would not call it a 'turn around' till they have confidence in stock market again, Ooby Dooby.
When they get there.....they will be buying stock from Obama government.....the way it looks.:-)
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Zeelander: It really is a step in the right direction on paper, but are the numbers being propped up by tax dollars?
Not in Spain they are, and here it is moving on as well.
Small scale regional businesses are the power tools in the current change. New technologies in the forefront, largely driven by green industry.
It's playing out as expected, I love it as much as I could love statistics...
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mike69spain: Not in Spain they are, and here it is moving on as well.
Small scale regional businesses are the power tools in the current change. New technologies in the forefront, largely driven by green industry.
It's playing out as expected, I love it as much as I could love statistics...
Small scale regional businesses are the power tools in the current change. New technologies in the forefront, largely driven by green industry.
It's playing out as expected, I love it as much as I could love statistics...
That is great. I heard US economists say about a month ago that Europe is a year ahead of the US in it's recovery. Smart money management.
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Zeelander: That is great. I heard US economists say about a month ago that Europe is a year ahead of the US in it's recovery. Smart money management.
More likely higher taxes from day one. As you well know, your democrats are further to the right of any mainstream European government
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jvaski: GO OBAMA !! YES WE CAN !!!
Obama has gone alright. Gone to the taxpayer one to many times.:-)
How is that health care coming along? The DEMs are now saying that they need REP congressional votes to make it happen! You better be nice to us REP, Jvanski.....or else we will tell them vote their conscience.:-)
Getting all those wealthy, more than $250K per year, REP that will be taxed more, all those Bible toten and gun carrying REP that could care less after be called those names last fall, all those REP small business men that cannot meet payroll or get SBA loans....to support Obama's health care.....to send their REP congressman a 'go ahead message' on the health care vote......is going to be some trick.
Maybe the liberal media can just scratch out the 54 million McCain voters.......and Obama can tie up the Congressional phone lines with liberal DEMs using GWB's phone taps.....
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mike69spain: More likely higher taxes from day one. As you well know, your democrats are further to the right of any mainstream European government
Marxists are to the right of your government?... OMG!!!
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Zeelander: Marxists are to the right of your government?... OMG!!!
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Zeelander: Marxists are to the right of your government?... OMG!!!
Zee...I think that they have gone full circle.....they ran to the left so far they came back to the right......LOL
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Zeelander: That is great. I heard US economists say about a month ago that Europe is a year ahead of the US in it's recovery. Smart money management.
Just try selling your property in Spain at the moment! B.B.V.A. reckons that prices will drop by 25% in the next year.Impossible to get a mortgage unless you buy from the Bank's ever growing stock. Anyone want to buy a lovely apartment?
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thats promising...I`m trying to sell my house for some times now
and have no ideas what to do
and have no ideas what to do
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bestbefore: Just try selling your property in Spain at the moment! B.B.V.A. reckons that prices will drop by 25% in the next year.Impossible to get a mortgage unless you buy from the Bank's ever growing stock. Anyone want to buy a lovely apartment?
Hmmm.... I am now thinking about a villa if prices are that cheap. I wonder how Spain feels about a large stock-pile of guns and ammo?
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Zeelander: Hmmm.... I am now thinking about a villa if prices are that cheap. I wonder how Spain feels about a large stock-pile of guns and ammo?
You'd probably be in good company especially in the Basque region!
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There selling more houses you know 
cause home prices dropped real low
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Zeelander: Hmmm.... I am now thinking about a villa if prices are that cheap. I wonder how Spain feels about a large stock-pile of guns and ammo?
Rethink that thought
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Hang on a second...
Cheap villas in this area, down 15%.
Now, what is that? If it was 750 000 Euro for a villa 200 sqm it will now be 635-640 000 Euro.
Thats € 3.200 a square metre or 420.82 USD / Sq Feet
Cheap villas in this area, down 15%.
Now, what is that? If it was 750 000 Euro for a villa 200 sqm it will now be 635-640 000 Euro.
Thats € 3.200 a square metre or 420.82 USD / Sq Feet
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Zeelander: Hmmm.... I am now thinking about a villa if prices are that cheap. I wonder how Spain feels about a large stock-pile of guns and ammo?
:-) Just showing us that you can take the boy out of the country, but you cannot take the country out the boy, Zee?
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Created: Jul 2009
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Jul 27..10:00..New Home Sales..Jun..384K..352K..346K
OK what does all this mean? I'l explain. This is the figures released today for the sale of new homes for the month of June which was 384,000. Analysts expected the number to be 352,000 so actual number of sales were greater by 32,000 homes. new home sales for the month of May were 346,000 so actual sales of new homes rose by 38,000 homes. This is a very big improvement.
Look at the bottom chart in the link I provided esp at the months of inventory. Y/Y means Year over year ie comparing this period to the same period last year.
Bottom line: We are in recovery and despite what the naysayers flap their gums about IMO nothing can stop it.