Housing Is Saved by Free Trade!
One of my ideas for 2011 was for a new home buyer tax give away to entice people to buy a losing asset. Maybe I was wrong. It seems the housing market will indeed be saved and start an upward trend and here is the best reason why (via Business Insider):
Don't Bet on Lower Housing Prices in 2011OMFG!
Despite the deteriorating trend, don’t bet on housing prices to fall this year. The Case-Shiller Index has a two-month lag and the most recent report is for the month of October. Since that time, we’ve had a power-shifting midterm election, an extension of the Bush-era tax cuts, an arms treaty with Russia, and a possible trade agreement with South Korea. While there is good reason to assume that housing prices could fall further, there are also encouraging signs that prices might strengthen instead because of a growing economy.
I am going to ask anyone thinking about buying a home if a possible free trade agreement with South Korea will be their tipping point for buying a home pronto. Classic stuff.
Have a good night.
5 comments:
ha...
just saw your comment re: the colts. don't want to get too confident, but i like the matchup. hope to have a rematch with the pats to prove we can keep it within 20 points.
"...free trade agreement with South Korea will be their tipping point for buying a home pronto."
Oh hells yes!
In fact I was lying in bed last night dreaming of a McMansion that would be located miles and miles away from my place of work because gas prices are just so damn cheap right now.
It is going to be a mofo happy days are here again if we get that trade agreement with...now who was that? Oh yeah, S. Korea.
LMMFAO!!!
Hey, wasn't N. Korea & S. Korea about to mix it up a couple of months ago?
This is the best news I have heard on housing, though the arms deal with Russia is also balls out awesome!
Jake,
the jets can win that game but they cannot go zone against Manning like last year, gotta blitz and play man.
"I am going to ask anyone thinking about buying a home if a possible free trade agreement with South Korea will be their tipping point for buying a home pronto."
Nah - the real clincher for me was as the piece noted: the "arms treaty with Russia"... Ive never seen a clearer sign to buy than this!!! The NAR needs to incorporate this into its advertising. :)
Post a Comment