Comments on: Yun: unsold homes ‘uncomfortably high’

By: srascoff

srascoff — Tue, 27 May 2008 16:37:31 +0000

oh wow.
another good post morgan.

By: morganb

morganb — Fri, 23 May 2008 23:24:02 +0000

it's amazing to me that they can continue to ignore the facts while hoping
for better days. it's one thing to look for positives, it's another to put
your head in the sand and talk out your behind…

well said ann!

By: ann

ann — Fri, 23 May 2008 23:21:06 +0000

ok..goes back to my stomping grounds..house in 05 sold $950K..foreclosure in 08 sold at $500k..somehow I think that is just a TAD BIT MORE than 20%..for the Florida Market…and by the way..repeat performance are now being done daily..I think he needs to correct that to an ADDITIONAL drop of 20%…

Problem with Lawrence and all the rest of the NAR group is that their expectations every month since 07 has been that every next quarter will be better..at a certain point repeating the same nonsense ,as the numbers keep showing things getting worse, o makes them look irresponsible , stupid and out of touch with reality….

By: morganb

morganb — Fri, 23 May 2008 20:21:03 +0000

that's what i said!!

By: Qvhman

Qvhman — Fri, 23 May 2008 19:25:08 +0000

“Several markets that have seen price declines of 20% or so are turning around, Yun said, pointing to San Diego, Detroit and Fort Myers, Fla.”

Dream on Lawrence!