tag:blogger.com,1999:blog-6616959642391988608.post3718344624807921216..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Housing starts are recoveringScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-42307847260240171122011-12-21T04:46:07.616-08:002011-12-21T04:46:07.616-08:00Kenneth, Dr McKibbins, is correct about the shambl...Kenneth, Dr McKibbins, is correct about the shambles of the housing industry...<br /><br />Are things improving as, Mr Grannis has stated, yes marginally so..<br /><br />Donny, the final massive mortgage reset peaked this summer and we should see the market stabilize, however, I would be loathe to call this a recovery..<br /><br />I am sure that zero down mortgages will once again be approved, toHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27448948079646298742011-12-21T03:27:09.147-08:002011-12-21T03:27:09.147-08:00What about the "shadow inventory" of hom...What about the "shadow inventory" of homes which is said to exist? Is it real or another fear factor being created by the bears? Would really appreciate Scott's views on this since he is making the case that a housung recovery is underway. I tend to agree with him but am concerned about this so called inventory overhang causing a surprising setback.Kennethhttps://www.blogger.com/profile/01366772652626173281noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-25245614633552700812011-12-20T16:48:45.625-08:002011-12-20T16:48:45.625-08:00The rise in housing has been strictly in multi f...The rise in housing has been strictly in multi family units or apartment rentals...<br /><br />If those who think the Gyro crisis is over, well by all means, invest accordingly..<br /><br />What is currently happening to the Euro, is that it is a non-working fiat script and there is a very strong likelihood it will fail; and doing so will bring much more pain and a recession to Euroland and itsHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38152298396614511722011-12-20T09:57:56.913-08:002011-12-20T09:57:56.913-08:00Real estate can be purchased at deep discounts tod...Real estate can be purchased at deep discounts today -- those with cash are loving the buying opportunities -- dividend-paying stocks (the good stuff) are also cheap these days -- now is a buying opportunity for those with cash either from earnings, wages, or savings -- equities of all kinds have never been more attractive -- that includes not only real estate and stocks, but the best higher McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70835264242625341962011-12-20T09:42:49.443-08:002011-12-20T09:42:49.443-08:00Donny Baseball may be right and Scott Grannis is a...Donny Baseball may be right and Scott Grannis is a keen observer. Hope this works as indicated. <br /><br />One thing is for sure: It is more affordable to buy a home in the USA than ever. And (for investors) if you buy real estate now, you are certainly not buying at the top. <br /><br />And a huge global pool of money is seeking placement---there more capital to be invested than good Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85336410041708629562011-12-20T09:31:21.810-08:002011-12-20T09:31:21.810-08:00PS: Today's sharp jump in the stocks seems to ...PS: Today's sharp jump in the stocks seems to also reflect the market's support for House Republicans who have apparently successfully blocked passage of Social Security tax reductions, extending unemployment benefits, and extending delays in reducing Medicare payouts to physicians -- the markets seem to love the news, which is interesting for sure!McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-10030515766125533222011-12-20T09:05:28.816-08:002011-12-20T09:05:28.816-08:00In 2008, I predicted a housing recovery around 201...In 2008, I predicted a housing recovery around 2012 on the following basis - interest rates would be low due to gov't intervention setting up a bond bubble, where investors can only lose money. Stocks will have lost the majority of the retail base due to the quick succession of scandals and crises (Enron, WorldCom, subprime, MF Global, etc.) and will not achieve historical multiples to Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27363236389851555422011-12-20T08:55:01.070-08:002011-12-20T08:55:01.070-08:00I doubt that US residential housing will recover b...I doubt that US residential housing will recover before 2035...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com