Fewer foreclosure filings means that fewer people are losing their homes. Which is good news except to those invested in failure for political purposes.
More people don't have jobs, California didn't report their unemployment, that is why the number dropped, but you and the Joe-ker can keep that lie going, it will not help Obama in November
No one is saying it isn't good news, it is the bull(*)(*)(*)(*) context you are trying to put it in. Banks are running out of homes to foreclose on, and thankfully those that are left are probably hanging on by a thread thanks to the Obama policies or lack thereof
No one is saying it isn't good news? Just to be clear, this still is not good news. You're wrong again, Billy.
I disagree with your opinion, but I don't claim to be unbiased. There are fewer homes to foreclose on because there are fewer who are behind on their payments. When Obama took office, the economy was tanking at a -9% real rate, losing 700,000+ jobs a month, unemployment was skyrocketing upward, and the stock markets were crashing in the worst recession in 80 years. The housing market was destroyed and we were headed straight for a depression. But now the economy has been growing steadily for three years, the private sector has created additional jobs every month for 32 months in a row, stock markets are up 100% from their recession lows, the unemployment rate has fallen from above 10% to 7.8%, and about 4.7 million additional private sector jobs have been added since Jan 2010. Only those invested in failure for political purposes could claim Obama's policies have failed. Obama has reversed the damage he inherited from the Bush administration. In his second term, he will start reversing the damage of the Bush administration. Unless we (*)(*)(*)(*) it up again and elect Bush Redux.
No, Obama said he would be a one term president, he has failed and you need to lick your wounds and get used to it. No matter how much BS you want to sling, your shuck and jive yo baby Obama is getting fired in about 4 weeks. Voters see Romney-Ryan with their own eyes http://www.washingtonpost.com/blogs...cfda1a8-1466-11e2-9a39-1f5a7f6fe945_blog.html
I do hope it helps a intravenously fed Kool Aid drinker like you The poll numbers are changing irie, and not in your favor
the enlarged statement is what one would call "a no brainer" the high foreclosure rates could not continue forever. Yes, there are some who did and continue to do "strategic foreclosure" where they are so upside down, but can afford it, but choose to walk away. There are also still homes that are finally being foreclosed upon which have been in limbo for 2-4 years with people still living in them without paying. Many were from the speculation period and flippers. It seems that those who took advantage of sub-prime mortgages thanks to "home ownership for all policies" have worked their way out. We just need to finish up with the upside down folks and those who are struggling financially because of the current liberal administration. At the end of the day, the real estate market always corrects itself. It just takes longer when there is govt intervention. Here we had it on both ends with govt driving no down payment mortgages to try and get urban people as home owners and when that fell apart, to write down balances, modify mortgages and to use tax dollars to buy bad debt. IMHO, we're still another 2-3 years way before inventory levels reach a reasonable level and then we'll see a return to normal appreciation. But, if we continue with liberal policies then we may actually see a continued decline in value as people have less and less money.
This is a suicide prevention line I wanted you have, things might not be looking so good in a month. 1-800-PLZ-HELP
Amazing! I mean, the stars are lining up for Obama just days before the election! Who could have perdicted this? An "unexpected" huge drop in unemployment, confidence among U.S. consumers "unexpectedly" jumped in October and now foreclosure filings drop to a five year low. I tell ya, it's just .... amazing.
It is a little amazing. Our conservative friends have been telling us since Jan 2009, when Obama took office in the middle of the worst recession in 80 yeas how much worse the economy was going to get with his policies, and then instead we get stuff like this. And an economy that has growing steadily for three straight years, the private sector has added more jobs every month for 32 months in a row, stock markets that are up 100% from their recession lows, an unemployment rate that has fallen from above 10% to 7.8%, the on-budget deficit has decreased three years in a row, and over 4.7 million additional private sector jobs have been added since Jan 2010. And this despite an obstructionist Republican Tea Party whose stated top priority is not to work with the president to improve the economy but get him out of office. And still they call him a "failure" all the time. Go figure. Maybe it's a skin color thing.
Seriously? The old race card.......lol.. Couldn't possibly be that pestie decline in GDP over the past several months, gas pricings through the roof, and record number of people no longer counted in the workforce contributing to the new unemployment numbers happening simotaneously with your sighted numbers and the election inching closer??? OOOHHHHH NOOOOOooooooo....couldn't be that...the only reason one would raise a question is just the skin color thingy.
I said it a bit tounge-in-cheek, but you know, noooooooooooooo, I don't think it could be GDP, gas prices, or a lower workforce as you suggest. Because those things didn't bother most of our conservative friends when they were happening while Bush was in office. And so it does make me wonder why a president who presided over these accomplishments would be so consistently called a "failure" by conservatives. o Turned around an economy that was tanking at a -9% rate and shedding 700,000+ jobs a month o 32 straight months of private sector employment growth. o 12 straight quarters of GDP growth o 60+% increase in the stock markets since taking office o Got Osama bin Laden. o Saved 2-3 million jobs with stimulus package o Got Atiyah Abd al-Rahman o Got Anwar al-Aulaqi o Ousted Muamar Kadaffi at 1/1000 the cost of the Iraq war o First president to decrease spending in a year, twice, in decades o Reduced the deficit by a record $207 billion, down 16%, in 2012 o Got us out of the "mistaken" war in Iraq o Stock markets up 100% since bottom of the recession in 2009 o 4.7 million additional private sector jobs created since Jan 2010 o Improved US approval rating abroad o Oil production up for the first time in decades. o Passed health care reform that will provide coverage to tens of millions of Americans o Employment rate dropped from over 10% to 7.8% o Passed financial regulation reform to prevent another housing bubble fiasco. o Lowest rate of spending increases of any president in modern history. o On-budget deficit has decreased every full fiscal year he's been in office. o US domestic oil use decreasing o Net creation of the number of people employed and employed in the private sector If he were a white Republican, he'd be heralded as a savior.
If they didn't estimate states, how the hell did they come up with the fugures in the first place? That's absurd.