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	<title>Comments on: Existing Home Sales at 9 Year Low</title>
	<atom:link href="http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/</link>
	<description>Real Estate, Economics, and Politics</description>
	<lastBuildDate>Thu, 09 Feb 2012 05:47:16 +0000</lastBuildDate>
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		<title>By: Ron Holland</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-164058</link>
		<dc:creator>Ron Holland</dc:creator>
		<pubDate>Sun, 09 Mar 2008 19:12:43 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-164058</guid>
		<description>From Wolf Laurel in the NC mountains – The housing recession is negatively impacting property sales in Florida and across the south as well as slowing sales in NC mountain resorts that depend on Florida buyers.

Still the downturn in prices and building of inventories is starting to attract second home buyers from Florida looking for cool temperatures in our mountains. Also the dramatic decline in the dollar combined with weakness in American real estate markets are beginning to interest some  bargain hunting European investors.

Ron Holland, Broker/Realtor with Wolf&#039;s Crossing Realty. Ron markets resale mountain and ski resort properties in Wolf Laurel and The Preserve at Wolf Laurel. The credit crisis and housing meltdown offers serious risks but also some opportunities to Americans. He has a free report on the crisis titled “From Real Estate Bubble To Buyers Market”.  See www.ronaldholland.com  for more details.</description>
		<content:encoded><![CDATA[<p>From Wolf Laurel in the NC mountains – The housing recession is negatively impacting property sales in Florida and across the south as well as slowing sales in NC mountain resorts that depend on Florida buyers.</p>
<p>Still the downturn in prices and building of inventories is starting to attract second home buyers from Florida looking for cool temperatures in our mountains. Also the dramatic decline in the dollar combined with weakness in American real estate markets are beginning to interest some  bargain hunting European investors.</p>
<p>Ron Holland, Broker/Realtor with Wolf&#8217;s Crossing Realty. Ron markets resale mountain and ski resort properties in Wolf Laurel and The Preserve at Wolf Laurel. The credit crisis and housing meltdown offers serious risks but also some opportunities to Americans. He has a free report on the crisis titled “From Real Estate Bubble To Buyers Market”.  See <a href="http://www.ronaldholland.com" rel="nofollow">http://www.ronaldholland.com</a>  for more details.</p>
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		<title>By: Jill</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160928</link>
		<dc:creator>Jill</dc:creator>
		<pubDate>Wed, 27 Feb 2008 15:28:51 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160928</guid>
		<description>Mitchell:  &quot;why try killing yourself to make ends meet in NJ when there are many other better places to live which wont tap you out of every dollar.&quot;

Uh...because you&#039;re 50 and currently employed in NJ and you have to work and your likelihood of getting a job elsewhere is virtually nil?

I&#039;m no NC basher, but there&#039;s NC and then there&#039;s NC.  I could very happily live in the Durham/Chapel Hill/Carrboro/Pittsboro area.  Those are, however, the more expensive parts of NC (though still less for housing than here).  If you like jam bands and bluegrass (which I do), the nightlife in Chapel Hill and environs is just fine.

Here&#039;s where some NJ folks have problems in NC though, and I know this from direct testimony from someone who moved there:  

Here in NJ, let&#039;s face it -- we live in a segregated society.  Where there are black people in a town, there&#039;s a &quot;black section.&quot;  Houses may be just as expensive as elsewhere, but there&#039;s a &quot;black section.&quot;

At least in the Triangle area of NC, you will run into black Americans far more in day-to-day life than you do in NJ.  In many ways northerners are far more bigoted than southerners because of this de facto segregation.  It&#039;s one of the ironies of the new south, that at least in the more cosmopolitan areas of the south, there is more intermingling than here in the north.  

This person who moved there has had a very hard time adjusting to this.  I&#039;m not condoning this attitude one bit, but I think it&#039;s something that people moving to NC ought to think about.  If you&#039;re going to be a racist bigot because up here your town is lily-white, then don&#039;t move there.</description>
		<content:encoded><![CDATA[<p>Mitchell:  &#8220;why try killing yourself to make ends meet in NJ when there are many other better places to live which wont tap you out of every dollar.&#8221;</p>
<p>Uh&#8230;because you&#8217;re 50 and currently employed in NJ and you have to work and your likelihood of getting a job elsewhere is virtually nil?</p>
<p>I&#8217;m no NC basher, but there&#8217;s NC and then there&#8217;s NC.  I could very happily live in the Durham/Chapel Hill/Carrboro/Pittsboro area.  Those are, however, the more expensive parts of NC (though still less for housing than here).  If you like jam bands and bluegrass (which I do), the nightlife in Chapel Hill and environs is just fine.</p>
<p>Here&#8217;s where some NJ folks have problems in NC though, and I know this from direct testimony from someone who moved there:  </p>
<p>Here in NJ, let&#8217;s face it &#8212; we live in a segregated society.  Where there are black people in a town, there&#8217;s a &#8220;black section.&#8221;  Houses may be just as expensive as elsewhere, but there&#8217;s a &#8220;black section.&#8221;</p>
<p>At least in the Triangle area of NC, you will run into black Americans far more in day-to-day life than you do in NJ.  In many ways northerners are far more bigoted than southerners because of this de facto segregation.  It&#8217;s one of the ironies of the new south, that at least in the more cosmopolitan areas of the south, there is more intermingling than here in the north.  </p>
<p>This person who moved there has had a very hard time adjusting to this.  I&#8217;m not condoning this attitude one bit, but I think it&#8217;s something that people moving to NC ought to think about.  If you&#8217;re going to be a racist bigot because up here your town is lily-white, then don&#8217;t move there.</p>
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		<title>By: Forest Hill real estate</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160884</link>
		<dc:creator>Forest Hill real estate</dc:creator>
		<pubDate>Wed, 27 Feb 2008 13:10:32 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160884</guid>
		<description>Yes, I suppose that the decline of sales will continue. However, I don&#039;t think that they&#039;ll go down much more. There are many potentional buyers who are just waiting on sidelines, but when they realize that the fall off in prices is not as notable as they&#039;ve expected, they&#039;ll start buying again. I am dealing with &lt;a href=&quot;http://ellidavis.com&quot; rel=&quot;nofollow&quot;&gt;Forest Hill real estate&lt;/a&gt; and fortunately the situation here is not as bad as in New Jersey.</description>
		<content:encoded><![CDATA[<p>Yes, I suppose that the decline of sales will continue. However, I don&#8217;t think that they&#8217;ll go down much more. There are many potentional buyers who are just waiting on sidelines, but when they realize that the fall off in prices is not as notable as they&#8217;ve expected, they&#8217;ll start buying again. I am dealing with <a href="http://ellidavis.com" rel="nofollow">Forest Hill real estate</a> and fortunately the situation here is not as bad as in New Jersey.</p>
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		<title>By: Shore Guy</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160843</link>
		<dc:creator>Shore Guy</dc:creator>
		<pubDate>Wed, 27 Feb 2008 03:53:23 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160843</guid>
		<description># 33 &quot;I pay 8K taxes big deal, I get 20K worth of education plus police, fire and sanitation.&quot;

True, but, one only needs to pay private school tuition for a limited number of years.  The taxes are forever.</description>
		<content:encoded><![CDATA[<p># 33 &#8220;I pay 8K taxes big deal, I get 20K worth of education plus police, fire and sanitation.&#8221;</p>
<p>True, but, one only needs to pay private school tuition for a limited number of years.  The taxes are forever.</p>
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		<title>By: Home Seller</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160837</link>
		<dc:creator>Home Seller</dc:creator>
		<pubDate>Wed, 27 Feb 2008 03:02:54 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160837</guid>
		<description>Lived in NJ and now live outside of Charlotte.  Reading alot of false stereotypes and completely untrue statements.  Probably from people who haven&#039;t lived here.

Look NC is not a utopia and I can understand if people wouldn&#039;t want to live here, however we do and love it compared to NJ.  Life is so much easier.  Especially when you can golf year round.</description>
		<content:encoded><![CDATA[<p>Lived in NJ and now live outside of Charlotte.  Reading alot of false stereotypes and completely untrue statements.  Probably from people who haven&#8217;t lived here.</p>
<p>Look NC is not a utopia and I can understand if people wouldn&#8217;t want to live here, however we do and love it compared to NJ.  Life is so much easier.  Especially when you can golf year round.</p>
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		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160827</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Wed, 27 Feb 2008 01:52:45 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160827</guid>
		<description>#241 stu: How can anyone even think we ar near the bottom.Its just finally starting to get ugly.

And many sellers are in complete denial, somebody forgot to tell them that 05 is over.

Their over priced listings will continue to rot on the market.</description>
		<content:encoded><![CDATA[<p>#241 stu: How can anyone even think we ar near the bottom.Its just finally starting to get ugly.</p>
<p>And many sellers are in complete denial, somebody forgot to tell them that 05 is over.</p>
<p>Their over priced listings will continue to rot on the market.</p>
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		<title>By: bi</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160826</link>
		<dc:creator>bi</dc:creator>
		<pubDate>Wed, 27 Feb 2008 01:40:26 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160826</guid>
		<description>Michael Jackson faces foreclosure on Neverland

http://www.msnbc.msn.com/id/23359218/</description>
		<content:encoded><![CDATA[<p>Michael Jackson faces foreclosure on Neverland</p>
<p><a href="http://www.msnbc.msn.com/id/23359218/" rel="nofollow">http://www.msnbc.msn.com/id/23359218/</a></p>
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		<title>By: Outofstater</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160825</link>
		<dc:creator>Outofstater</dc:creator>
		<pubDate>Wed, 27 Feb 2008 01:36:37 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160825</guid>
		<description>#333 ChiFi - You&#039;re so funny - I just love reading your stuff, really! Sorry I didn&#039;t respond sooner - I was attending the science fair reception the the local elementary school.  My youngest won for her Creationism project. (KIDDING, JUST KIDDING!!)  Have a nice evening.</description>
		<content:encoded><![CDATA[<p>#333 ChiFi &#8211; You&#8217;re so funny &#8211; I just love reading your stuff, really! Sorry I didn&#8217;t respond sooner &#8211; I was attending the science fair reception the the local elementary school.  My youngest won for her Creationism project. (KIDDING, JUST KIDDING!!)  Have a nice evening.</p>
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		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160824</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Wed, 27 Feb 2008 00:52:37 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160824</guid>
		<description>skep (319)-

&quot;The least productive citizens gain more and more power as the most productive are chased out.&quot;

True in Denmark, true in Detroit, true in NJ.

The meek don&#039;t inherit the earth...the indolent do.</description>
		<content:encoded><![CDATA[<p>skep (319)-</p>
<p>&#8220;The least productive citizens gain more and more power as the most productive are chased out.&#8221;</p>
<p>True in Denmark, true in Detroit, true in NJ.</p>
<p>The meek don&#8217;t inherit the earth&#8230;the indolent do.</p>
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		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160823</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Wed, 27 Feb 2008 00:41:50 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160823</guid>
		<description>Mitchell, I don&#039;t think anybody told you what it costs in NJ to take the kids to the beach.

If you want beautiful, clean, empty, drive a 4WD, like to fish, are a good swimmer, and can carry in your stuff, it&#039;s ten bucks a car load.  But you have to poop in a Job Johnny.
http://www.state.nj.us/dep/parksandforests/parks/island.html

Real downside there is riptides.  My husband, daughter (then 3) and I got taken out once at 8 am, and I&#039;m pretty good.  The only thing that saved my daughter was that she knew to stretch out flat and do donuts until we got to her.   

Otherwise, it&#039;s still ten bucks a carload at the guarded beaches, but there are way more people.   There are clean bathrooms, showers, hot dogs/pizza and lifeguards.</description>
		<content:encoded><![CDATA[<p>Mitchell, I don&#8217;t think anybody told you what it costs in NJ to take the kids to the beach.</p>
<p>If you want beautiful, clean, empty, drive a 4WD, like to fish, are a good swimmer, and can carry in your stuff, it&#8217;s ten bucks a car load.  But you have to poop in a Job Johnny.<br />
<a href="http://www.state.nj.us/dep/parksandforests/parks/island.html" rel="nofollow">http://www.state.nj.us/dep/parksandforests/parks/island.html</a></p>
<p>Real downside there is riptides.  My husband, daughter (then 3) and I got taken out once at 8 am, and I&#8217;m pretty good.  The only thing that saved my daughter was that she knew to stretch out flat and do donuts until we got to her.   </p>
<p>Otherwise, it&#8217;s still ten bucks a carload at the guarded beaches, but there are way more people.   There are clean bathrooms, showers, hot dogs/pizza and lifeguards.</p>
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		<title>By: Sean</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160822</link>
		<dc:creator>Sean</dc:creator>
		<pubDate>Wed, 27 Feb 2008 00:37:34 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160822</guid>
		<description>I would think that some of NJ&#039;s problems stem from the &quot;great migration&quot; that occurred early in the 20th century do to Jim Crow laws. 

Just like a South Park episode, but instead of blaming Canada blame North Carolina.</description>
		<content:encoded><![CDATA[<p>I would think that some of NJ&#8217;s problems stem from the &#8220;great migration&#8221; that occurred early in the 20th century do to Jim Crow laws. </p>
<p>Just like a South Park episode, but instead of blaming Canada blame North Carolina.</p>
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		<title>By: Orion</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160821</link>
		<dc:creator>Orion</dc:creator>
		<pubDate>Wed, 27 Feb 2008 00:32:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160821</guid>
		<description>I think the new bubble might be Teflon DJIA.</description>
		<content:encoded><![CDATA[<p>I think the new bubble might be Teflon DJIA.</p>
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		<title>By: Confused In NJ</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160820</link>
		<dc:creator>Confused In NJ</dc:creator>
		<pubDate>Wed, 27 Feb 2008 00:27:12 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160820</guid>
		<description>333.chicago

Out: I hate to break the news to you, but NJ/Trenton’s problem is not incompetence. It’s pretty simple, people get into power and funnel as much money into their own pockets either directly or indirectly.

The reason it hasn’t been fixed is because people actually make enough money that they don’t have the time to waste or inclination to fix it.

Yes they complain. Yes they are annoyed. However, when push comes to shove, they have the money, they pay the money, and they have enough left over to spend money on other stuff.

Similar to HG Wells Time Machine. The Morlocks run the state and the Sheeple are blissfully ignorant, while the Morlocks eat them periodically. But because the Sheeple have plenty of fruit, between feeding times, they don&#039;t complain. One wonders are the fat sheeple who get eaten, better off then the sheeple who left? Or will they wake up one day and realize what they are?</description>
		<content:encoded><![CDATA[<p>333.chicago</p>
<p>Out: I hate to break the news to you, but NJ/Trenton’s problem is not incompetence. It’s pretty simple, people get into power and funnel as much money into their own pockets either directly or indirectly.</p>
<p>The reason it hasn’t been fixed is because people actually make enough money that they don’t have the time to waste or inclination to fix it.</p>
<p>Yes they complain. Yes they are annoyed. However, when push comes to shove, they have the money, they pay the money, and they have enough left over to spend money on other stuff.</p>
<p>Similar to HG Wells Time Machine. The Morlocks run the state and the Sheeple are blissfully ignorant, while the Morlocks eat them periodically. But because the Sheeple have plenty of fruit, between feeding times, they don&#8217;t complain. One wonders are the fat sheeple who get eaten, better off then the sheeple who left? Or will they wake up one day and realize what they are?</p>
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		<title>By: Aaron</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160819</link>
		<dc:creator>Aaron</dc:creator>
		<pubDate>Tue, 26 Feb 2008 23:56:44 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160819</guid>
		<description>&quot;There is more action in New Brunswick and Hoboken (pop. 40,000) than any North Carolina city.&quot;

OMG just shoot me....</description>
		<content:encoded><![CDATA[<p>&#8220;There is more action in New Brunswick and Hoboken (pop. 40,000) than any North Carolina city.&#8221;</p>
<p>OMG just shoot me&#8230;.</p>
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		<title>By: lostinny</title>
		<link>http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160818</link>
		<dc:creator>lostinny</dc:creator>
		<pubDate>Tue, 26 Feb 2008 23:53:20 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/02/26/existing-home-sales-at-9-year-low/#comment-160818</guid>
		<description>Now this is funny. Read the sign on the building:
http://newyork.craigslist.org/stn/rfs/587684066.html</description>
		<content:encoded><![CDATA[<p>Now this is funny. Read the sign on the building:<br />
<a href="http://newyork.craigslist.org/stn/rfs/587684066.html" rel="nofollow">http://newyork.craigslist.org/stn/rfs/587684066.html</a></p>
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