大盤..本來不想寫的, 但大家都看TA..我就弄斧吧..談談FA
(2007-11-29 11:24:09)
下一個
大盤..本來不想寫的, 但大家都看TA..我就弄斧吧..談談FA
很多人看的昨天的高是牛, 但為何不反想一二呢? 物極必反..為何不是近期的頂呢?
都看老肥仔(FED)要砍利息, 但你們難道沒聽到她說的一切壞消息嗎? 金融界的問題是利息-銀根就解決問題的嗎? 大家手裏的信息, 一個是蕭條的顯現, 一個是一貫以來調節銀根的手法, 一個是發生, 在發生中, 在擴大發生中, 一個是已經使用, 再使用的強心劑.
SUB---CITI---砍利息. 牛!!..牛!!...邏輯在那裏??
是, 你可以說物價回頭, 一石油為例. 但你不記得我記得, 年初我達油假在53-56..現在呢? 9829---9000...回頭嗎?
好, 我問你, 糧食呢? 看看豆..麥...玉米吧..有回頭嗎? 人要吃飯的...
問問人, 明年遠期如何看糧食吧? 多多多...
如何呢? 物價回頭??
好, 你說美元回頭...我揍你...她跌了多少了? 把黃金從6562-6700(我建的多)拉到8480. 現在算她回漲?? 笑話!!
好, 看節日銷售...你去商店了嗎? 我去了...我看到的...是雜.砸...貴重物品, 禮物清單..反而不好...
好...再說房屋...我不以為房屋問題過去了..一, 貸款問題..二, 買賣問題...數據擺在那裏. 實際情況在那裏. 問問近來買賣房屋的朋友吧...
所有這些問題..寄托於12月砍利息??? 好...好個牛頭!!!
結論:: 解繩係繩...同一人...金融界問題....減利息...是手段..也是匕首插胸...
附錄:: CNN 報道房屋..
Home sales hit new low, prices drop
Biggest year-over-year plunge in home prices can\'t revive housing market as sales pace falls to record low.
EMAIL | PRINT | DIGG | RSS Subscribe to Economy
feed://rss.cnn.com/rss/money_news_economy.rss
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close) By Chris Isidore, CNNMoney.com senior writer
November 28 2007: 11:55 AM EST
Video
More video
Money Magazine\'s Amanda Gengler gives sellers tips on how to get through the housing slump in 2008.
Play video
Current Mortgage Rates
Type Overall avgs
30 yr fixed mtg 5.79%
15 yr fixed mtg 5.35%
30 yr fixed jumbo mtg 6.64%
5/1 ARM 5.51%
5/1 jumbo ARM 6.03%
Find personalized rates:
NEW YORK (CNNMoney.com) -- Sales of existing homes fell to a record low in October, as even the largest drop in home prices ever wasn\'t enough to revive moribund sales, according to the latest reading on the battered housing market by an industry trade group released Wednesday.
The National Association of Realtors reported that sales by homeowners fell in October to an annual pace of 4.97 million, down from the revised September reading of 5.03 million. September had marked a record low since the trade group started tracking sales for both single-family homes and condos in 1999.
October marked the eighth straight month that the pace of sales has declined from the month before, and it left sales down 20.7 percent from a year ago. It was also worse than the consensus estimate of economists surveyed by Briefing.com who had forecast an annual rate of 5 million.
Home prices take steeper downturn
The median price of a home sold during the month fell 5.1 percent to $207,800 from $218,900 a year earlier. It marked the largest year-over-year drop in prices and the 15th month in the last 17 in which that key measure declined. Before the start of the current housing slump, it had been 11 years since prices fell compared to a year earlier.
The median price of a single-family home fell even more, dropping a record 6.3 percent to $205,700. The trade group has tracked those sales prices going back to 1989, so the record is even more significant than the record price drop in all existing homes. The previous record price drop for that key part of the housing market was set in September.
Price declines are part of the healing process, but we have a lot of healing to do, said Paul Kasriel, chief economist of Northern Trust in Chicago. Obviously, when you have excess supply, one of the ways you come back into equilibrium is with price declines, and we\'re starting to see that that with a vengeance. Of course we\'re going to see more - it\'s not over.
The excess supply of homes on the market reached near-record levels in October. Realtors estimated that there are now 4.5 million homes available for sale, which represents a nearly 11-month supply. That is up from the 10.4-month supply in September and is the largest glut of homes in more than 22 years.
We expect inventory problems in the existing home market to take a few years to work through, said Adam York, an economist with Wachovia.
Foreclosures show no sign of letting up
The Realtors said the price drop is distorted by continued problems in the market for so-called jumbo loans, which are mortgages of more than $417,000. The mortgage woes have made it difficult to sell securities backed by those loans, and that in turn has choked off the ability of some buyers of expensive homes to arrange financing.
The group also said that 93 of 150 metropolitan markets are showing either flat or slightly higher prices, despite the decline in national price readings.
We continue to see the biggest impact in high-cost markets the rely on jumbo loans, said Lawrence Yun, chief economist for the trade group. Still the group\'s existing home sales figures showed the Northeast, a region with a large percentage of high-priced markets, had flat sales compared to September and a slight uptick in median sales price compared to a year earlier.
The Realtors also highlighted the fact that the annual pace of sales of single-family homes in October was 4.37 million - the same as the prior month. But that September reading had been the weakest annual sales pace since January 1998.
The condo market is particular hard hit, as sales plunged 9.1 percent from September, as the supply of condos rose to 13.1 months worth from 12.2.
The weak housing market has hit home builders particularly hard.
Of the nation\'s largest home builders, only luxury home builder Toll Brothers (Charts, Fortune 500), No. 6 in terms of revenue, has yet to report a quarterly loss in the current downturn. Analysts are forecasting a loss for Toll\'s just completed period after preliminary results showed a sharp drop in the number of homes sold and an even steeper decline in prices.
The five builders larger than Toll all reported much larger-than-forecast losses in recent financial periods. Earlier this month Hovnanian Enterprises (Charts, Fortune 500), the nation\'s No. 7 builder by revenue, reported that the sales pace during October significantly deteriorated in most of its markets, and its preliminary results also showed a sharp rise in cancellations. D.R. Horton (Charts, Fortune 500), the No. 3 builder, reported a smaller than expected loss last week.
In October, credit rating agency Moody\'s downgraded the debt of No. 1 home builder Lennar (Charts, Fortune 500), No. 2 Centex (Charts, Fortune 500) and No. 4 Pulte Homes (Charts, Fortune 500) to junk bond status.