Friday, May 28, 2010

New Home Sales Set to Plunge in Former Bubble Markets (Update1) -

New Home Sales Set to Plunge in Former Bubble Markets (Update1) - Bloomberg.comNew home sales in Phoenix and Las Vegas, two U.S. markets hardest hit by foreclosures, are set to plunge as a federal tax credit for homebuying expires, according to data from real estate researcher Metrostudy.
Possibly an infusion of mud and golf balls would help.


Anonymous said...

Those that would trade essential liberties for the false promises of protected property values deserve neither.

Communisty Associations Institute said...

Scientific statistics compiled by the Community Research Unit (CRU) prove that property values in HOA communities have been protected during the current housing crisis.

If it weren't for the service and value provided by HOAs, the housing market -- and the entire economy -- would be far worse than it is today.

In fact, if you exclude non-HOA housing, with its lack of community and rules, computer simulations show that the economy never entered a recession.

Due to privacy concerns for our members, we cannot disclose the evidence for this claim.

But you can trust us, because we're Your Neighbors(tm).