Wednesday, August 25, 2010

BUSY week for those of us who could say "I told you so!"

Sales of existing homes drop 27.2% in July from previous month - I told you so
Sales of new homes drop 12.1% in July from previous month - I told you so
US Real estate is not a nest egg or viable investment - I told you so
Politicians only make situation worse - I told you so
US Housing market in double dip - I told you so
Riots and revelotion occuring in USA - I told you so, oh wait that one hasn't happened . . . yet




http://www.cnbc.com/id/38820610
Housing in double dip – yeah, we told you it was coming – did you listen? If you want help email Kirk@KirkNace.com share your story and maybe you will be one of the lucky ones shown the best way to optimize your situation!

http://www.cnbc.com/id/38811394
NY Times – Your home is NOT a nest egg. Reality is that in the US real estate values have basically kept even with inflation since 1890!

http://finance.yahoo.com/news/Fidelity-401k-hardship-apf-2389751238.html?x=0&sec=topStories&pos=8&asset=&ccode=
AP if things are getting better why are more people taking money from the retirement plans?

http://www.businessinsider.com/the-15-states-with-the-most-underwater-homes-2010-7study this and come up with a half dozen or so questions you can ask the next time so rocket scientist Realtor, or seller who has been influenced by them, tells you that things are getting better


http://articles.moneycentral.msn.com/news/article.aspx?feed=MY&date=20100819&id=11912826
Quite simply the most well done piece I have seen yet, and I review 100+/day, on what would truly be in US citizens best interest, period – Kudos to David Stockman!!!

http://www.marketwatch.com/story/a-good-idea-for-fixing-housing-2010-08-20?pagenumber=1
Wall Street Journal writer discusses the reality of US housing supply/demand/pricing mix