{"id":8294,"date":"2009-05-07T08:22:00","date_gmt":"2009-05-07T15:22:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=8294"},"modified":"2009-05-07T08:21:14","modified_gmt":"2009-05-07T15:21:14","slug":"home-prices-and-the-rest-of-the-story","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8294\/home-prices-and-the-rest-of-the-story\/","title":{"rendered":"Home Prices and “The Rest of the Story.”"},"content":{"rendered":"

In case you haven’t been able to tell, I’ve been a little frustrated (okay a lot frustrated) with the markets lately.   Why?   Am I asking for bad news?<\/p>\n

Nope, I’m looking for straight talk and reality and I don’t believe we’re getting that right now.   I don’t believe that:<\/p>\n

    \n
  1. That the government is telling us the whole story in terms of the health of the banking world.<\/li>\n
  2. That the statistics that supposedly show the market is recovering are truly that.   Since when is a “slowing of the pace of decline” a sign of recovery?   Bad at a slower pace doesn’t mean it’s good.<\/li>\n
  3. That the true story on the devastation that the bankruptcy of GM and Chrysler is going to mean to our economy is truly being acknowledged and prepared for.   Preparedness is essential and we’re missing the boat on that one.<\/li>\n<\/ol>\n

    I’ve spent 20 years trying to help people manage their money and their real estate investments wisely and it’s never been more challenging than it is now. <\/p>\n

    So, I’m going to keep preaching the world the way I see it.   It isn’t pretty and it isn’t nearly as pretty as the main stream media would like you to believe.<\/p>\n

    Ask yourself this, when it comes to analyzing and understanding the economy, who would you put more confidence in?   Brian Williams and Katie Couric or Paul Krugman<\/a> and Nouriel Roubini<\/a>?<\/p>\n

    I’ll be on Paul and Nouriel’s side every time.<\/p>\n

    Tom Vanderwell<\/p>\n

    U.S. Home Prices May Be Lost for a Generation: John F. Wasik – Bloomberg.com<\/a><\/p>\n

    We might be looking at a lost generation for U.S. home values.<\/p>\n

    Far too many analysts are calling a bottom to the housing market after home prices in 20 metropolitan areas declined at a slower pace in February, according to the Standard & Poor\u2019s\/Case-Shiller Index.<\/p>\n

    Don\u2019t be blinded by the glint of optimism in headlines about rising consumer confidence and slowing price declines. Demographic and market realities tell a more sobering story.<\/p>\n

    You won\u2019t see a widespread housing rebound in an economy in which 600,000 jobs a month are lost and foreclosures ravage the most overleveraged areas. These are just the visible barriers to a recovery.<\/p>\n

    Mortgage lending has Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

    In case you haven’t been able to tell, I’ve been a little frustrated (okay a lot frustrated) with the markets lately.   Why?   Am I asking for bad news? Nope, I’m looking for straight talk and reality and I don’t believe we’re getting that right now.   I don’t believe that: That the government is telling us […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62,29,26],"tags":[350],"class_list":{"0":"post-8294","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-dirty-laundry","7":"category-group-therapy","8":"category-lending","9":"tag-the-rest-of-the-story","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":944,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/944\/how-communication-can-mean-the-difference-between-good-pr-and-bad-pr\/","url_meta":{"origin":8294,"position":0},"title":"Anonymous Posters Can Be A Destructive Influence, or How Communication Is The Difference Between Good PR and Bad PR","author":"Dan Green","date":"January 25, 2007","format":false,"excerpt":"Sometimes, the difference between good PR and bad PR is communication. In October 2006, I blogged about a condo building in Chicago that was more than 19 months late on delivery. To me, the story wasn't that the building was delayed; that happens all the time. What was most interesting\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16137,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16137\/where-is-the-real-estate-market-going-today\/","url_meta":{"origin":8294,"position":1},"title":"Where is the Real Estate Market Going Today???","author":"Cooksquared","date":"July 27, 2012","format":false,"excerpt":"If you are like me, you have a random sampling of news websites to keep you abreast of the happenings of the world every hour or so.\u00a0 It\u2019s the age we live in; every data point, story, press release, blog post triggers a monsoon of pundits and analytical analysis that\u2026","rel":"","context":"In "Innovation"","block_context":{"text":"Innovation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/innovation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3134,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3134\/rare-and-well-done\/","url_meta":{"origin":8294,"position":2},"title":"Rare AND well-done","author":"Richard Riccelli","date":"May 18, 2008","format":false,"excerpt":"I know the entire RE.net will be focused like a laser on its future starting this evening (in case you haven't Heard). And we're all truly wondering about the depth of Trulia's mendacity (several layers deep apparently). And who isn't speculating about the story behind the story behind this story?\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18602,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18602\/overnight-news-the-kyle-rittenhouse-news-as-his-case-goes-to-the-jury-in-a-riot-full-of-truly-shitty-kids-were-crucifying-the-good-one\/","url_meta":{"origin":8294,"position":3},"title":"Overnight News: The Kyle Rittenhouse news as his case goes to the jury: In a riot full of truly shitty kids, we\u2019re crucifying the good\u00a0one…","author":"Greg Swann","date":"November 16, 2021","format":false,"excerpt":"I was aware of the Rittenhouse shootings the night they happened. I watched a lot of riot video last Summer, but I wasn't watching that night. I read about the shootings when I woke up in the dead of the night, and I watched some of the street video then.\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3425,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3425\/introducing-thomas-hall-it-aint-all-big-hair-and-cadillacs\/","url_meta":{"origin":8294,"position":4},"title":"Introducing Thomas Hall: “It ain’t all Big Hair and Cadillacs”","author":"Greg Swann","date":"July 21, 2008","format":false,"excerpt":"I'm way behind on introductions, but time marches on. Today we're adding Thomas Hall to the roster. He is the creator of a weblog called It ain't all Big Hair and Cadillacs, and that little bit of insolence by itself is more than enough to qualify him for membership in\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14158,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14158\/obama-speaks-why-lumberjacks-schoolteachers-and-bankers-need-unions\/","url_meta":{"origin":8294,"position":5},"title":"Obama speaks: Why lumberjacks, schoolteachers and bankers need unions.","author":"Greg Swann","date":"February 18, 2011","format":false,"excerpt":"A Ramblin' Gamblin' Willie story \"It's important to remember. That public service. Is a great sacrifice.\" \"Good... Good...\" Manny Kant said that. \"Most of the government employees I know. Are at their desks. As early as ten every morning. And few of them ever make it home. Before three in\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=8294"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8294\/revisions"}],"predecessor-version":[{"id":8295,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8294\/revisions\/8295"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=8294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=8294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=8294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}