US new-home sales fell in Dec., finish dismal 2011

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Originally Posted by AmPat

Have no fear, O Blah Blah is "focused like a LASER on job creation."

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Yeah, they're all moving off-shore.

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Originally Posted by Tecate

Yeah, they're all moving off-shore.

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That container ship sailed long ago.

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Originally Posted by Arroyo_Doble

That container ship sailed long ago.

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Yeah I know, it's called "globalism".

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Originally Posted by Arroyo_Doble

That container ship sailed long ago.

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I suppose liberals fought the hard battle against the GOP to keep these jobs in this country? Alas, liberals lost the battle, thank God, so now we can blame it on the GOP.:rolleyes:

My sister owns a home in Hisperia, CA. She paid 280,000; it is now worth about 115,000. Se will never get her money back.

Funny thing is, when she was building it I asked her what she would do if prices reversed, and she said, "I'll flip it". She really didn't know anything about real estate, but she was selling houses and being successful back when everyone was successful.

She doesn't live in Hisperia any more. The house will be sold this year sometime. Take what she can get.

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Originally Posted by Hawkgirl

Not surprising. Most people are spending their time and money Christmas shopping in December.

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The figures are for the entire year.

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Originally Posted by Starbuck

My sister owns a home in Hisperia, CA. She paid 280,000; it is now worth about 115,000. Se will never get her money back.

Funny thing is, when she was building it I asked her what she would do if prices reversed, and she said, "I'll flip it". She really didn't know anything about real estate, but she was selling houses and being successful back when everyone was successful.

She doesn't live in Hisperia any more. The house will be sold this year sometime. Take what she can get.

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I have local friends with three homes in Hisperia. They now wish they would of sold them a few years ago rather then trying to help their adult children out by renting to them. :)

Only one is rented by a daughter now, the other two by others. The good news is, they have had great luck with long term tenants.