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Re: Home Prices in U.S. Increased by Most Since 2006 in May

By: ribit in FFFT | Recommend this post (0)
Thu, 01 Aug 13 4:41 AM | 83 view(s)
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Msg. 54736 of 65535
(This msg. is a reply to 54727 by clo)

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clo
...no, the house sold for about half what it was worth when obonzo took office. Ya keep posting how home prices are up. They are not up. They are still down. They may not be as far down as they were before, but they ain't up.




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The above is a reply to the following message:
Re: Home Prices in U.S. Increased by Most Since 2006 in May
By: clo
in FFFT
Thu, 01 Aug 13 2:18 AM
Msg. 54727 of 65535

ribit,

"...my point was that the value of the house was down from it's high, not that it was worth less than he paid for it."

EVERYONES home is down from its inflated high in 2009.
So your 'point' is mute.


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