tag:blogger.com,1999:blog-8873274605868443396.post2106163550639922540..comments2023-07-15T03:26:50.506-04:00Comments on Fireside Finance: Housing Analyst: "Our Contacts Have Officially Declared the Spring Selling Season a Bust"eternitushttp://www.blogger.com/profile/06839117255321330014noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8873274605868443396.post-39637085101360033062007-05-11T08:46:00.000-04:002007-05-11T08:46:00.000-04:00Anyone see those retail sales numbers yesterday? ...Anyone see those retail sales numbers yesterday? I haven't seen so many excuses in one place in a very long time.<BR/><BR/>Apparently, all of the forecasters forgot that Easter was in March... Yeah right. At least that's a new one.<BR/><BR/>I saw the old "weather" excuse in there too.<BR/><BR/>That's a hoot!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8873274605868443396.post-89820024660476718172007-05-11T08:42:00.000-04:002007-05-11T08:42:00.000-04:00___k... You are right on target. No one was comme...___k... You are right on target. No one was commenting on the fact that the entire housing market was built on those insane lending standards when it was going up. Only "strong fundamentals..." a myth that has been debunked.<BR/><BR/>Unfortunately, many people are now finding out that the returns on housing suck in the long run, and you shouldn't twice as much to own a rotting box as you do to rent a rotting box.<BR/><BR/>Doubly unfortunate is the fact that a lot of young people like me are mortgaging their futures away to pay for some boomer's retirement, and that's before we have to pay 100% of the federal budget for social security and medicare.eternitushttps://www.blogger.com/profile/06839117255321330014noreply@blogger.comtag:blogger.com,1999:blog-8873274605868443396.post-51637943272568815042007-05-11T00:46:00.000-04:002007-05-11T00:46:00.000-04:00In recent months, an abrupt tightening of lending ...<I>In recent months, an abrupt tightening of lending standards has further sapped the market by preventing some potential buyers from getting loans.</I><BR/><BR/>These "potential buyers" never should have been able to get loans in the first place. The "abrupt tightening of lending standards" is really an abrupt "partial return to normal lending standards."__khttps://www.blogger.com/profile/15874585542372800376noreply@blogger.comtag:blogger.com,1999:blog-8873274605868443396.post-55758232747551151982007-05-09T10:01:00.000-04:002007-05-09T10:01:00.000-04:00Great to see you back! I was getting a bit concer...Great to see you back! I was getting a bit concerned....<BR/><BR/>Can't wait for your next blockbuster post. I appreciate that you try to come up with original content most of the time, unlike many other bloggers who simply paste links and give a few sentences of comments.<BR/><BR/>I realize you can't do it all the time though!Anonymousnoreply@blogger.com