 |
| 30 Yr Fix |
6.45% |
0.03% |
| 15 Yr Fix |
6.04% |
0.02% |
| 1 Yr ARM |
5.27% |
0.08% |
| 5/1 ARM |
5.99% |
0.10% |
| 30 Yr Tres |
4.53% |
-0.01% |
| Fed Prime |
5.00% |
-0.25% |
|
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"Bubble Talk" -
Readers Share Thoughts About 'The Bubble'
| "The best and simplest way to burst a bubble
is talk. If the Fed and top treasury officials simply made
the basic data available and explained to the public about
the inconsistency of current housing prices with long-term
trends (as they have done with budget deficits), their warnings
would almost certainly be widely reported in the media."
Dean
Baker - CEPR |
Total Comments [68]
- Read More - Share
Your Thoughts About The Bubble
| This is NOT business as usual. Feel it in your gut as well as see it in the numbers. All money is going to the wars and the Executive Branch is NOT HOME right now. End the wars or redeploy where the expense is less wasteful. Bring the money home and re-apply towards our state-side financial woes. Of course you may not agree with this- Good Luck.
|
|
| Posted By:
Sarah
| Wed, 7 Nov 2007 00:11:58 EST - Read More |
| I live in Cali and I too will wait until the housing market corrects itself. The prices right now are beyond rediculous and I agree that greed is the primary reason for all this. So, I will hold off from buying for another year or so...however long it takes until this injustice is solved! |
|
| Posted By:
Green&Greed
| Wed, 25 Jul 2007 16:14:34 EST - Read More |
| If you haven't bought - DON'T BUY!!! Lenders are going to tell you it's time to buy, and that's because they need to make a living. Great point - try to qualify yourself for a home with today's pricing, and most of you will not qualify. BE PATIENT, our time will be soon. For those of you that believe you should buy, when's the last time homes appreciated 200 to 300% over 3 to 5 years??? My home appreciated 250%, and I sold at the top, and I'm glad I did, and now I rent. |
|
| Posted By:
Carolyn Anguiano
| Thu, 18 Jan 2007 15:21:40 EST - Read More |
Top Home Price Increases Through Q3 2006
Percent Change In House Prices
Through Q2 2006 |
| State |
1-Year |
1-Qtr. |
5-Year |
Since 1980 |
| Idaho, (ID) |
 17.52 |
3.00 |
59.99 |
240.45 |
| Utah, (UT) |
17.41 |
4.70 |
40.63 |
252.70 |
| Oregon, (OR) |
16.89 |
2.85 |
67.61 |
348.68 |
| Arizona, (AZ) |
16.37 |
1.02 |
95.91 |
328.58 |
| Washington, (WA) |
16.35 |
3.14 |
63.91 |
379.22 |
| Florida, (FL) |
15.10 |
1.15 |
110.62 |
387.80 |
| Wyoming, (WY) |
14.39 |
4.61 |
60.13 |
159.52 |
| US Average |
7.73 |
0.86 |
55.53 |
303.32 |
|
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