Home Prices: Steepest Drop in 20 Years

H

Harry Hope

Guest
From The Associated Press, 8/28/07:
http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5

Home Prices: Steepest Drop in 20 Years

By Vinnee Tong, AP Business Writer

S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
Was Started in 1987

NEW YORK (AP) --

U.S. home prices fell 3.2 percent in the second quarter, the steepest
rate of decline since Standard & Poor's began its nationwide housing
index in 1987, the research group said Tuesday.

The decline in home prices around the nation shows no evidence of a
market recovery anytime soon, one of the architects of the index said.

MacroMarkets LLC Chief Economist Robert Shiller said the declining
residential real estate market "shows no signs of slowing down."

The report came a day after the National Association of Realtors said
sales of existing homes dropped for a fifth straight month in July
while the number of unsold homes shot up to a record level.

___________________________________________________

Harry
 
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:dcq8d35ff3grr1bf85n8uu1ilpqp1fd1a8@4ax.com...
>
> From The Associated Press, 8/28/07:
> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>
> Home Prices: Steepest Drop in 20 Years
>
> By Vinnee Tong, AP Business Writer
>
> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> Was Started in 1987
>
> NEW YORK (AP) --
>
> U.S. home prices fell 3.2 percent in the second quarter, the steepest
> rate of decline since Standard & Poor's began its nationwide housing
> index in 1987, the research group said Tuesday.
>===========================


WOW How shocking! After home prices doubling and tripling in the past 4 or
5
years in many areas of the US, we finally see a 3.2 % drop in prices that
were overinflated! Oh the Humanity of it all !
 
On Aug 28, 1:32 pm, Harry Hope <riv...@ix.netcom.com> wrote:
> From The Associated Press, 8/28/07:http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>
> Home Prices: Steepest Drop in 20 Years
>
> By Vinnee Tong, AP Business Writer
>
> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> Was Started in 1987
>
> NEW YORK (AP) --
>
> U.S. home prices fell 3.2 percent in the second quarter, the steepest
> rate of decline since Standard & Poor's began its nationwide housing
> index in 1987, the research group said Tuesday.
>
> The decline in home prices around the nation shows no evidence of a
> market recovery anytime soon, one of the architects of the index said.
>
> MacroMarkets LLC Chief Economist Robert Shiller said the declining
> residential real estate market "shows no signs of slowing down."
>
> The report came a day after the National Association of Realtors said
> sales of existing homes dropped for a fifth straight month in July
> while the number of unsold homes shot up to a record level.
>
> ___________________________________________________
>
> Harry

Now if unemployment increases, I can get a reasonably priced house.
Happy days are here again.
 
On Tue, 28 Aug 2007 14:34:23 -0400, "Hillary Rotten Clintoon" <Rotten
Hillary@Clintonwhorehouse.com> wrote:

>
>"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
>news:dcq8d35ff3grr1bf85n8uu1ilpqp1fd1a8@4ax.com...
>>
>> From The Associated Press, 8/28/07:
>> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>>
>> Home Prices: Steepest Drop in 20 Years
>>
>> By Vinnee Tong, AP Business Writer
>>
>> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
>> Was Started in 1987
>>
>> NEW YORK (AP) --
>>
>> U.S. home prices fell 3.2 percent in the second quarter, the steepest
>> rate of decline since Standard & Poor's began its nationwide housing
>> index in 1987, the research group said Tuesday.
>>===========================
>
>
>WOW How shocking! After home prices doubling and tripling in the past 4 or
>5
>years in many areas of the US, we finally see a 3.2 % drop in prices that
>were overinflated! Oh the Humanity of it all !

Yup. It's called a "bubble".
>
>
 
"Rotten Crotch" <Rotten Crotch@Flarduhwhorehouse.com> wrote in message
news:OeSdnfFSMZgt90nbnZ2dnUVZ_rGrnZ2d@comcast.com...
> WOW How shocking! After home prices doubling and tripling in the past 4
> or 5
> years in many areas of the US, we finally see a 3.2 % drop in prices that
> were overinflated! Oh the Humanity of it all !

Your trailer ought to be worth 3 hogs and a barrel of beef jerky.
 
"The Woodsman" <FunnyGeorge@CrawfordRanch.net> wrote in message
news:f2_Ai.505$Sd4.131@nlpi061.nbdc.sbc.com...
>
> "Rotten Crotch" <Rotten Crotch@Flarduhwhorehouse.com> wrote in message
> news:OeSdnfFSMZgt90nbnZ2dnUVZ_rGrnZ2d@comcast.com...
>> WOW How shocking! After home prices doubling and tripling in the past 4
>> or 5
>> years in many areas of the US, we finally see a 3.2 % drop in prices
>> that
>> were overinflated! Oh the Humanity of it all !
>
> My trailer ought to be worth 3 hogs and a barrel of beef jerky.
>=================================

I doubt anyone would even want it at that price.
 
Harry Hope wrote:
>
> From The Associated Press, 8/28/07:
> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>
> Home Prices: Steepest Drop in 20 Years
>
> By Vinnee Tong, AP Business Writer
>
> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> Was Started in 1987
>
> Harry
>
You complain that houses are too expensive, about inflation, and now you
complain when they get cheaper, deflation. Is there anything that could
happen in the economy that you wouldn't take some dark foreboding from?


--
"Throw me that lipstick, darling, I wanna redo my stigmata."

+-Jennifer Saunders, "Absolutely Fabulous"
 
Hillary Rotten Clintoon wrote:
>
> "Harry Hope" <rivrvu@ix.netcom.com> wrote in message
> news:dcq8d35ff3grr1bf85n8uu1ilpqp1fd1a8@4ax.com...
> >
> > From The Associated Press, 8/28/07:
> > http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
> >
> > Home Prices: Steepest Drop in 20 Years
> >
> > By Vinnee Tong, AP Business Writer
> >
> > S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> > Was Started in 1987
> >
> > NEW YORK (AP) --
> >
> > U.S. home prices fell 3.2 percent in the second quarter, the steepest
> > rate of decline since Standard & Poor's began its nationwide housing
> > index in 1987, the research group said Tuesday.
> >===========================
>
> WOW How shocking! After home prices doubling and tripling in the past 4 or
> 5
> years in many areas of the US, we finally see a 3.2 % drop in prices that
> were overinflated! Oh the Humanity of it all !
>
Harry Hope is ridiculous. He's complaining about the terrible economy
when some states in the interior west are coming up on two or three
percent unemployment. What does he want?


--
"Throw me that lipstick, darling, I wanna redo my stigmata."

+-Jennifer Saunders, "Absolutely Fabulous"
 
"Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
news:46D46E3F.454E4CC@yahoo.co.uk...
>
>
> Harry Hope wrote:
>>
>> From The Associated Press, 8/28/07:
>> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>>
>> Home Prices: Steepest Drop in 20 Years
>>
>> By Vinnee Tong, AP Business Writer
>>
>> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
>> Was Started in 1987
>>
>> Harry
>>
> You complain that houses are too expensive, about inflation, and now you
> complain when they get cheaper, deflation. Is there anything that could
> happen in the economy that you wouldn't take some dark foreboding from?

I saw no complaint. Please identify it for me so that I will recognize it
in the future.
 
Lamont Cranston wrote:
>
> "Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
> news:46D46E3F.454E4CC@yahoo.co.uk...
> >
> >
> > Harry Hope wrote:
> >>
> >> From The Associated Press, 8/28/07:
> >> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
> >>
> >> Home Prices: Steepest Drop in 20 Years
> >>
> >> By Vinnee Tong, AP Business Writer
> >>
> >> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> >> Was Started in 1987
> >>
> >> Harry
> >>
> > You complain that houses are too expensive, about inflation, and now you
> > complain when they get cheaper, deflation. Is there anything that could
> > happen in the economy that you wouldn't take some dark foreboding from?
>
> I saw no complaint. Please identify it for me so that I will recognize it
> in the future.
>
Everything that Harry Hope posts is a complaint. Read it that way.



--
"Throw me that lipstick, darling, I wanna redo my stigmata."

+-Jennifer Saunders, "Absolutely Fabulous"
 
compton75@hotmail.com wrote:

> On Aug 28, 1:32 pm, Harry Hope <riv...@ix.netcom.com> wrote:
>> From The Associated Press,
>> 8/28/07:http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>>
>> Home Prices: Steepest Drop in 20 Years
>>
>> By Vinnee Tong, AP Business Writer
>>
>> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
>> Was Started in 1987
>>
>> NEW YORK (AP) --
>>
>> U.S. home prices fell 3.2 percent in the second quarter, the steepest
>> rate of decline since Standard & Poor's began its nationwide housing
>> index in 1987, the research group said Tuesday.
>>
>> The decline in home prices around the nation shows no evidence of a
>> market recovery anytime soon, one of the architects of the index said.
>>
>> MacroMarkets LLC Chief Economist Robert Shiller said the declining
>> residential real estate market "shows no signs of slowing down."
>>
>> The report came a day after the National Association of Realtors said
>> sales of existing homes dropped for a fifth straight month in July
>> while the number of unsold homes shot up to a record level.
>>
>> ___________________________________________________
>>
>> Harry
>
> Now if unemployment increases, I can get a reasonably priced house.

A recession is when somebody else is unemployed. A depression is when YOU'RE
unemployed.

> Happy days are here again.

--
There are only two kinds of Republicans: Millionaires and fools.
 
"Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
news:46D472D1.AE3953EE@yahoo.co.uk...
>
>
> Lamont Cranston wrote:
>>
>> "Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
>> news:46D46E3F.454E4CC@yahoo.co.uk...
>> >
>> >
>> > Harry Hope wrote:
>> >>
>> >> From The Associated Press, 8/28/07:
>> >> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>> >>
>> >> Home Prices: Steepest Drop in 20 Years
>> >>
>> >> By Vinnee Tong, AP Business Writer
>> >>
>> >> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
>> >> Was Started in 1987
>> >>
>> >> Harry
>> >>
>> > You complain that houses are too expensive, about inflation, and now
>> > you
>> > complain when they get cheaper, deflation. Is there anything that could
>> > happen in the economy that you wouldn't take some dark foreboding from?
>>
>> I saw no complaint. Please identify it for me so that I will recognize
>> it
>> in the future.
>>
> Everything that Harry Hope posts is a complaint. Read it that way.

No, thank you.

>
>
>
> --
> "Throw me that lipstick, darling, I wanna redo my stigmata."
>
> +-Jennifer Saunders, "Absolutely Fabulous"
 
"Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
news:46D46EA1.B32F4628@yahoo.co.uk...
>
>
> Hillary Rotten Clintoon wrote:
>>
>> "Harry Hope" <rivrvu@ix.netcom.com> wrote in message
>> news:dcq8d35ff3grr1bf85n8uu1ilpqp1fd1a8@4ax.com...
>> >
>> > From The Associated Press, 8/28/07:
>> > http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
>> >
>> > Home Prices: Steepest Drop in 20 Years
>> >
>> > By Vinnee Tong, AP Business Writer
>> >
>> > S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
>> > Was Started in 1987
>> >
>> > NEW YORK (AP) --
>> >
>> > U.S. home prices fell 3.2 percent in the second quarter, the steepest
>> > rate of decline since Standard & Poor's began its nationwide housing
>> > index in 1987, the research group said Tuesday.
>> >===========================
>>
>> WOW How shocking! After home prices doubling and tripling in the past 4
>> or
>> 5
>> years in many areas of the US, we finally see a 3.2 % drop in prices
>> that
>> were overinflated! Oh the Humanity of it all !
>>
> Harry Hope is ridiculous. He's complaining about the terrible economy
> when some states in the interior west are coming up on two or three
> percent unemployment. What does he want?
>
>=================

He wants his food stamps and welfare as a HS democrap dropout wiht no
skills except being an inbred sister ****er.
 
"Rotten Babs wrote in message
news:h5GdnXayOo-f6EnbnZ2dnUVZ_h-vnZ2d@comcast.com...

> I wants my food stamps and Bush KoolAid as a HS repubicrap dropout wiht
> no skills except being an inbred sister ****er.
>
>
 
"Hillary Rotten Clintoon" <Rotten Hillary@Clintonwhorehouse.com> wrote in
message news:w46dnRhePbH28EnbnZ2dnUVZ_vOlnZ2d@comcast.com...
>
> "The Woodsman" <FunnyGeorge@CrawfordRanch.net> wrote in message
> news:f2_Ai.505$Sd4.131@nlpi061.nbdc.sbc.com...
>>
>> "Rotten Crotch" <Rotten Crotch@Flarduhwhorehouse.com> wrote in message
>> news:OeSdnfFSMZgt90nbnZ2dnUVZ_rGrnZ2d@comcast.com...
>>> WOW How shocking! After home prices doubling and tripling in the past
>>> 4 or 5
>>> years in many areas of the US, we finally see a 3.2 % drop in prices
>>> that
>>> were overinflated! Oh the Humanity of it all !
>>
>> My trailer ought to be worth 3 hogs and a barrel of beef jerky.
>>=================================
>
> I doubt anyone would even want it at that price.

In Flarduh? Hell, your trailer would be sold to some hick for 4 hogs and a
beer.
 
"Gandalf Grey" <gandalfgrey@infectedmail.com> wrote in message
news:46d475ec$0$31809$9a6e19ea@news.newshosting.com...
> I wants my food stamps and Pelosi KoolAid as a HS Democrap dropout wiht
> no skills except being an inbred sister ****er.
>
=====================

Yeah we know .
 
"The Woodsman" <FunnyGeorge@CrawfordRanch.net> wrote in message
news:gS_Ai.520$Sd4.139@nlpi061.nbdc.sbc.com...
>
> "Hillary Rotten Clintoon" <Rotten Hillary@Clintonwhorehouse.com> wrote in
> message news:w46dnRhePbH28EnbnZ2dnUVZ_vOlnZ2d@comcast.com...
>>
>> "The Woodsman" <FunnyGeorge@CrawfordRanch.net> wrote in message
>> news:f2_Ai.505$Sd4.131@nlpi061.nbdc.sbc.com...
>>>
>>> "Rotten Crotch" <Rotten Crotch@Flarduhwhorehouse.com> wrote in message
>>> news:OeSdnfFSMZgt90nbnZ2dnUVZ_rGrnZ2d@comcast.com...
>>>> WOW How shocking! After home prices doubling and tripling in the past
>>>> 4 or 5
>>>> years in many areas of the US, we finally see a 3.2 % drop in prices
>>>> that
>>>> were overinflated! Oh the Humanity of it all !
>>>
>>> My trailer ought to be worth 3 hogs and a barrel of beef jerky.
>>>=================================
>>
>> I doubt anyone would even want it at that price.
>
> In Flarduh? Hell, my trailer would be sold to some hick for 4 hogs and a
> beer. ==================

I dont live in Florida and have no idea what your trailer is worth.

>
 
Lamont Cranston wrote:
>
> "Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
> news:46D472D1.AE3953EE@yahoo.co.uk...
> >
> >
> > Lamont Cranston wrote:
> >>
> >> "Bill Bonde ( 'Hi ho' )" <tributyltinpaint@yahoo.co.uk> wrote in message
> >> news:46D46E3F.454E4CC@yahoo.co.uk...
> >> >
> >> >
> >> > Harry Hope wrote:
> >> >>
> >> >> From The Associated Press, 8/28/07:
> >> >> http://biz.yahoo.com/ap/070828/home_price_index.html?.v=5
> >> >>
> >> >> Home Prices: Steepest Drop in 20 Years
> >> >>
> >> >> By Vinnee Tong, AP Business Writer
> >> >>
> >> >> S&P Says Housing Prices Fell in 2Q by Steepest Rate Since Its Index
> >> >> Was Started in 1987
> >> >>
> >> >> Harry
> >> >>
> >> > You complain that houses are too expensive, about inflation, and now
> >> > you
> >> > complain when they get cheaper, deflation. Is there anything that could
> >> > happen in the economy that you wouldn't take some dark foreboding from?
> >>
> >> I saw no complaint. Please identify it for me so that I will recognize
> >> it
> >> in the future.
> >>
> > Everything that Harry Hope posts is a complaint. Read it that way.
>
> No, thank you.
>
I agree it's not really worth bothering with, he doesn't even engage in
discussions about what he posts.


--
"Throw me that lipstick, darling, I wanna redo my stigmata."

+-Jennifer Saunders, "Absolutely Fabulous"
 
"Rotten Babs wrote in message
news:h5GdnXayOo-f6EnbnZ2dnUVZ_h-vnZ2d@comcast.com...

> I wants my food stamps and Bush KoolAid as a HS repubicrap dropout wiht
> no skills except being an inbred sister ****er.
>
>

Yeah. We know, Babs. And we feel really sorry for your sister.
 
"Rotten Babs wrote in message
news:ssydnfqxDqVG50nbnZ2dnUVZ_rignZ2d@comcast.com...

> In Flarduh? Hell, my trailer would be sold to some hick for 4 hogs and a
> beer. ==================
 

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