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Sept Existing home sales 6.54 million, highest since 2006
Posted on 10/22/20 at 9:06 am
Posted on 10/22/20 at 9:06 am
GDP forecast just moved to 35.3 increase for 3rd Quarter.
Unemployment claims dropped by almost 100K.
All this with dem states still on hold.
This economy is going to explode if they would take the brakes off in the aforementioned states.
Unemployment claims dropped by almost 100K.
All this with dem states still on hold.
This economy is going to explode if they would take the brakes off in the aforementioned states.
7
Posted on 10/22/20 at 9:07 am to trinidadtiger
quote:
This economy is going to explode if they would take the brakes off in the aforementioned states.
We should export them all to Chiynah.
Posted on 10/22/20 at 9:14 am to trinidadtiger
I said during the summer that the Q3 GDP release may be enough to push Trump over the top if the race is close.
Posted on 10/22/20 at 9:16 am to trinidadtiger
this is crazy. i was expecting a housing apocalypse by now.
Posted on 10/22/20 at 9:19 am to idlewatcher
quote:
We should export them all to Mars.
Posted on 10/22/20 at 9:20 am to trinidadtiger
quote:
This economy is going to explode if they would take the brakes off in the aforementioned states.
and now you know why California is no pushing for full on fascist COVID restrictions.
Posted on 10/22/20 at 9:22 am to 1999
quote:
this is crazy. i was expecting a housing apocalypse by now.
That will come later down the line. People are WAY overpaying due to low interest rates. Once they go up people will not get back what they paid and will be stuck with their homes.
Also, there are COVID related foreclosures just hiding in the weeds. Expect those to hit like a train once it opens up.
Posted on 10/22/20 at 9:26 am to trinidadtiger
Our place in St Thomas is awaiting 60 day close on executed contract of sale. We tried selling it from 2015-2017. Not even a nibble. This is the second party to make an offer in a month.
Thank-you President Trump!
Thank-you President Trump!
Posted on 10/22/20 at 9:29 am to boogiewoogie1978
quote:
Also, there are COVID related foreclosures just hiding in the weeds. Expect those to hit like a train once it opens up.
This so called train of foreclosures won't hit until late 3rd qtr 2021 at best due to forbearance from the CARES act. The forbearance is 180 days and you can request another 180 days extension on top of that.
Posted on 10/22/20 at 9:30 am to trinidadtiger
quote:
This economy is going to explode if they would take the brakes off in the aforementioned states.
Dems know this. They’re hoping Biden wins and then covid will end for early 2021. Trump economy explodes and they take credit.
2022 it slows and they blame Trump.
Red wave in midterm elections and in 2023, they blame Republicans for the crashing economy.
2024 a Republican wins the White House and fixes the economy. 2025 Dems and the media claim credit for the economy.
Rinse and repeat.
Posted on 10/22/20 at 9:30 am to trinidadtiger
quote:
Sept Existing home sales 6.54 million, highest since 2006
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