Home building surges to a 4 year high

[Maximatic]

The policies they put in place DO affect home sales though...

So their both idiots.

Best not to run 'idiot' smack with middle school grammatical errors.

However, it could be rationally asserted that, if they both believe something that is obviously absurd, they're both idiots.

I don't believe they are, but after watching both of them go on for several minutes about how their respective plans would create jobs, and then hearing both of them declare that government doesn't create jobs, I have to suspect a problem with their plans, their honesty or their intelligence. I'm going with plan and honesty.

 

[Maximatic]

Best not to run 'idiot' smack with middle school grammatical errors.

touche

You calling Sniper a douche or did ya spell that correctly?

touche
—used to acknowledge a hit in fencing or the success or appropriateness of an argument, an accusation, or a witty point

 

[Dr Grump]

Troll someone else, asshole.

You got contrary evidence or reports, post them.

This is how forums work.

Child's play. LOL

thats gotta hurt. walmart low cost on vaseline if you want it to hurt less.

Um, Chris is right. Thanks for proving his point..

 

[The Infidel]

touche

You calling Sniper a douche or did ya spell that correctly?

touche
—used to acknowledge a hit in fencing or the success or appropriateness of an argument, an accusation, or a witty point

Dude... really?

I was kidding

 

[Sinjorri]

Child's play. LOL

thats gotta hurt. walmart low cost on vaseline if you want it to hurt less.

Um, Chris is right. Thanks for proving his point..

hes not right based on the fact hes left leaning. housing is not higher than its been, its low and its trickling. teh sales of homes can be trailers and thats what they were basing the numbers off of the previous time, its not in hte right direction and its not a recovery. when im seeing 600,000 homes going for 350, 000 its not in the right direction and its not because 6 months ago they were going for 325,000. they are cooking numbers and the honest eye can see things are not getting better, if you want to know if things are getting better, go down to the local watering hole and ask the realtors there if things are better.

 

[Chris]

Here is what is happening with the economy that no one is reporting on....

Two of the three biggest parts of the economy have returned to normal, auto sales and retail sales.

The last piece of the puzzle is home sales. Home inventory just returned to six months inventory which is normal.

Therefore, housing starts will begin to pick up next year and bring down unemployment.

 

[Listening]

You bet...

The economy is roaring back and Obama talked about it all night last night.

Oh, wait.

The economy is slowing down....even further.

Uh oh !!!

 

[asterism]

Here is what is happening with the economy that no one is reporting on....

Two of the three biggest parts of the economy have returned to normal, auto sales and retail sales.

The last piece of the puzzle is home sales. Home inventory just returned to six months inventory which is normal.

Therefore, housing starts will begin to pick up next year and bring down unemployment.

Please back that up with some fact based data.

 

[whitehall]

Let's see, the democrat party held the majority in both houses of congress when the "financial meltdown" of 2008 happened. Barney Frank was the chairperson of the powerful House Banking Committee that had responsibility for the oversight of Fannie Mae and he told Americans that Fannie Mae was solvent when it was on the verge of collapse. How can we trust any democrat just because home building spikes in a month while the cost of heating oil is sky high just before heating season and gas hovers around $5 while diesel fuel is so high that everything costs more?

 

[Chris]

Here is what is happening with the economy that no one is reporting on....

Two of the three biggest parts of the economy have returned to normal, auto sales and retail sales.

The last piece of the puzzle is home sales. Home inventory just returned to six months inventory which is normal.

Therefore, housing starts will begin to pick up next year and bring down unemployment.

Please back that up with some fact based data.

Housing starts up 29%

NEW YORK (CNNMoney) -- The U.S. housing industry -- crucial to any jobs recovery -- showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

Car sales up 13%

NEW YORK (CNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years. Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles.


Home construction, sales showing some strength - Sep. 19, 2012

Best car sales since early '08 - Oct. 2, 2012

 

[Chris]

Let's see, the democrat party held the majority in both houses of congress when the "financial meltdown" of 2008 happened. Barney Frank was the chairperson of the powerful House Banking Committee that had responsibility for the oversight of Fannie Mae and he told Americans that Fannie Mae was solvent when it was on the verge of collapse. How can we trust any democrat just because home building spikes in a month while the cost of heating oil is sky high just before heating season and gas hovers around $5 while diesel fuel is so high that everything costs more?

Bush's SEC let Wall Street run a derivatives Ponzi scheme that destroyed the world economy.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

 

[Chris]

Glass-Steagall was repealed by the Gramm-Leach-Bliley Act. Gramm, Leach, and Bliley were all Republicans and the legislation was passed by a Republican majority. What's more, the legislation was veto-proof. Even if Clinton were solely reponsible for the repeal (which is false), why would Republicans care? They're the ones who are always waving the deregulation banner, and it's the current crop of Republicans who are pushing for further deregulation.

When Republicans chastise Clinton over the Glass-Steagall repeal, what they are effectively saying is this: "How dare you sign off on Republican legislation! Don't you know we can't be trusted? Don't ever believe us again!"

 

[Listening]

There is a reason no one is reporting on it.

Cause it's bulls**t.

 

[Chris]

Really looking forward to next year when the economy really takes off during Obama's second term.

 

[asterism]

Here is what is happening with the economy that no one is reporting on....

Two of the three biggest parts of the economy have returned to normal, auto sales and retail sales.

The last piece of the puzzle is home sales. Home inventory just returned to six months inventory which is normal.

Therefore, housing starts will begin to pick up next year and bring down unemployment.

Please back that up with some fact based data.

Housing starts up 29%

NEW YORK (CNNMoney) -- The U.S. housing industry -- crucial to any jobs recovery -- showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

Car sales up 13%

NEW YORK (CNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years. Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles.


Home construction, sales showing some strength - Sep. 19, 2012

Best car sales since early '08 - Oct. 2, 2012

Your statement is inaccurate. The indicators are encouraging, but auto sales are not "back to normal."

Auto sales are down from 2007 levels (not adjusted for inflation nor population increase) and retail excluding motor vehicle is above 2007 but not enough to make up for the increase in population nor inflation.

There's still a long long way to go before we're in actual recovery.

 

[asterism]

Really looking forward to next year when the economy really takes off during Obama's second term.

Didn't you say something similar 2 years ago? The economy was just about to really take off? I might be mistaken.

 

[Rshermr]

Please back that up with some fact based data.

Housing starts up 29%

NEW YORK (CNNMoney) -- The U.S. housing industry -- crucial to any jobs recovery -- showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

Car sales up 13%

NEW YORK (CNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years. Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles.


Home construction, sales showing some strength - Sep. 19, 2012

Best car sales since early '08 - Oct. 2, 2012

Your statement is inaccurate. The indicators are encouraging, but auto sales are not "back to normal."

Auto sales are down from 2007 levels (not adjusted for inflation nor population increase) and retail excluding motor vehicle is above 2007 but not enough to make up for the increase in population nor inflation.

There's still a long long way to go before we're in actual recovery.

Auto sales are improving. But more importantly, overall, the economy has been in recovery since 2009. Not recovered, but recovery, as far as revenue is concerned.
Dow at lowest of the 2008 recession was March, 2009 at 6547. From a peak in '07 of 14,164. The Dow is now 13,400. 6550 That is up about 6550 from its '09 low, and just a bit over 750 from its high. I would call that "in recovery".
Full recovery will require continual lowering of the unemployment rate. And that will be slow, without cooperation in congress.

 

[asterism]

Housing starts up 29%

NEW YORK (CNNMoney) -- The U.S. housing industry -- crucial to any jobs recovery -- showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

Car sales up 13%

NEW YORK (CNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years. Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles.


Home construction, sales showing some strength - Sep. 19, 2012

Best car sales since early '08 - Oct. 2, 2012

Your statement is inaccurate. The indicators are encouraging, but auto sales are not "back to normal."

Auto sales are down from 2007 levels (not adjusted for inflation nor population increase) and retail excluding motor vehicle is above 2007 but not enough to make up for the increase in population nor inflation.

There's still a long long way to go before we're in actual recovery.

Auto sales are improving. But more importantly, overall, the economy has been in recovery since 2009. Not recovered, but recovery, as far as revenue is concerned.
Dow at lowest of the 2008 recession was March, 2009 at 6547. From a peak in '07 of 14,164. The Dow is now 13,400. 6550 That is up about 6550 from its '09 low, and just a bit over 750 from its high. I would call that "in recovery".
Full recovery will require continual lowering of the unemployment rate. And that will be slow, without cooperation in congress.

Incomes are going down. Net worth is going down.

That's not recovery.

 

[Politico]

They can build all the houses they want. Selling them is another thing.

 

[Rshermr]

They can build all the houses they want. Selling them is another thing.

Uh, politico. I am a bit confused. "They" have not been building much over the past 3 plus years, because the housing inventory was too high. Now, the inventory is much lower. And housing sales are increasing. So, builders are not totally stupid. They are not building houses so they can "not sell them".
Do you have some evidence for what you are saying?????