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FolkdArchive for the ‘CR News Reports© REAL ESTATE’ Category
Wednesday, June 16th, 2010
Not A Good Summer To Be A Seller
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on June 15, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Home values declined in most metropolitan areas in April month-over-month and year-over-year. Foreclosure activity continued to increase nationally also. The biggest problem facing the stabilization of the market is that supply and demand is also way out of balance. Estimates of the number of homes already in bank inventory is 1.1 million. However, the estimated number of homes in foreclosure or seriously delinquent and soon to go into foreclosure is 5 million. In addition there are another 5.3 million homeowners who have been waiting on the sidelines to sell when the market got better. Get ready for a tsunami of new inventory hitting the market. However, mortgage applications and pending sales data shows that housing demand is plummeting, especially after the expiration of first-time home buyer tax credits in April. Can anything happen to get buyers interested in purchasing this declining asset – and if not, what will happen to the industry? …Go ahead with your predictions and commentary…
Friday, May 14th, 2010
Foreclosure Tsunami Alert
The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on May 13, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… On August 26, 2008, Jim “Mad Money” Cramer predicted the bottom of the housing crash would occur by the end of June, 2009. He based his prediction on the fact that “charts are fabulous predictors” and the “charts foretell the future,” and “they are telling an accurate story.” On June 19, 2009 he said the housing bottom had definitely occurred, with two weeks to spare. He proclaimed, national housing starts and national housing permits were “off the charts” and the “end of house price depreciation in the vast majority of areas in this country was here…especially in CA, NV, AZ, and FL.” Here’s a link to his prediction. Two months before Jim Cramer’s announcement that the bottom had occurred, on April 19, 2009, in the CR News Reports© session on Real Estate, it was predicted that, “Real estate of all types is not close to turning around. In fact, real estate prices will continue falling as much as 20% – 30% depending on where you live…As prices fall, mortgage holders will find themselves upside down on their homes. They will owe more on the house than it is worth.” Here is a link to that CR News Reports© session entitled “Real Estate – far from a bottom” which is now a CR Greatest Hits©. Over the next year after Jim Cramer called the housing market bottom, prices fell like a rock and continue to fall. The pundits of the industry keep pushing out their guesses for a market bottom while foreclosures keep increasing and more and more homeowners slide into negative equity territory. It seems that nobody can call a bottom for housing prices. So, what can we expect?… Go ahead with your predictions and commentary…
Friday, April 16th, 2010
Real estate used to be an investment
The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on April 15, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… How much is your home worth? In Detroit, you can purchase a home for $700. In Lake Tahoe, you can find one listed for $100 million. The truth is that your home is only worth what somebody will pay for it. That is, if they want it, can afford it, and can qualify for a mortgage. Home prices have dropped 30% – 50% and more in some areas and are still declining. To compound the problem, there is a glut of foreclosed homes that banks are trying to sell and that inventory is growing each month. Every day, there are more notices of foreclosure sent out, more homes going back to the bank, and also more sellers willing to take a short-sale just to get out from under the increasing burden of their real estate. So what happened to real estate being the best “investment” you could ever make? Weren’t you supposed to buy a “starter home” and then make a profit on it when you sold it? Then you traded up when the kids came into the “family home” and sold again at a profit when the kids were all gone and you were planning retirement? Did you ever think that your home may not increase in value at all? Or, think that it could possibly be worth less than you paid for it years later when you tried to sell? US Census Bureau data shows that 15% of the nation’s housing is sitting vacant; that is 18.8 million homes. The average price of a home has fallen to $290,000 in 2009. The average household income estimated for 2009 is around $65,000. Is owning a home even affordable at these numbers? The old formula for an “affordable” home was three times a person’s annual income, or $195,000 at today’s average numbers. This means that the average person can only afford a home valued at $195,000 with a minimum down payment. What this is saying is that the “average” home price must fall another $95,000 (33%) in order for homes to be affordable to the average worker. This puts the average buyer in a tight spot. In many areas of the country, the price point of $195,000 is an illusion. How many $195,000 homes are out there? What percentage of the 18.8M vacant homes are in this price range or less? Even then, is it an “investment?” Or, is it an asset poised to decline further? Does it make sense anymore to look at your home as an asset? Welcome to the new real estate reality. …Go ahead with your predictions and commentary…
Wednesday, March 17th, 2010
Cash buyers will rule the real estate market
The CR News Reports© is a copyright publication of Channeled Readings®. These prediction were channeled from our Higher Intelligence Source on March 16, 2010. The topic is REAL ESTATE. Today the housing numbers came out for the month of February, 2010 and they were not good. There was a temporary surge of home sales and new home construction in Q4 2009 and early 2010 that gave people hope. This surge led people and investors to believe that the bottom was set and prices would be going to go up from here. However, foreclosures are still rising, now on prime loans and refi’s. The number of homeowners receiving notices of default is increasing. Now, 3% of all mortgaged homes are in foreclosure or have been repossessed by the banks. In addition, 7% of all mortgages are now delinquent or have been foreclosed on, up from 4% the same time last year, which is almost double from 2009. There’s 5.5 million mortgages that are 90 to 180+ days late and that number is also accelerating. New housing starts were also down in February about 6% as are building permits. With all these factors on housing for the last month how can the media continue to state that there’s a housing recovery? …Go ahead with your predictions and commentary...
Tuesday, February 16th, 2010
Real Estate a middle class liability
The CR News Reports© is a copyright publication of Channeled Readings®. These predictions were channeled from our Higher Intelligence Source on February 15, 2010. The topic is REAL ESTATE. Go ahead with your predictions and commentary. “There is no relief in site for the homeowner. All programs that were intended to assist the homeowner to refinance have been a failure. Either the lenders were unresponsive or just didn’t want any refinancing just to foreclose at a later date. In addition, there will not be any new legislation to assist existing homeowners.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member? … want to listen to this entire prediction? (more…)
Sunday, January 17th, 2010
Real estate crash part two
The CR News Reports© is a copyright publication of Channeled Readings®. These predictions were channeled from our Higher Intelligence Source on January 16, 2010. The topic is REAL ESTATE. Go ahead with your predictions and commentary. “Real estate is intertwined in many ways with the job market. Real estate booms where jobs abound. It has always been like this. For example, when new parts of the country became high tech centers, the real estate market grew and people profited from their homes.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member? … want to listen to this entire prediction? (more…)
Thursday, December 17th, 2009
2010 Real Estate forecast
If 2020 is perfect vision, then 2010 means you are only seeing half of the story. The world’s economic systems have been brought down to their knees by greed and corruption. World leaders look their people in the eye and lie to them about the future health of their nation. Fanatical terrorists threaten to destroy governments and people’s lives in the name of religion. And Mother Nature is getting ready to extract vengeance on her abusers. 2012 is just around the corner, but first you have to make it through 2010.
Tuesday, November 17th, 2009
Real estate still has more downside to go
These predictions were channeled on November 16, 2009. The topic is REAL ESTATE. Go ahead with your predictions and commentary. “The real estate market over the coming year will rely on certain things all working for it and not against it. The things that will affect the market the most are mortgage rates, mortgage loans, home prices and the economic growth of the country in general. In order for the real estate market to once again thrive mortgage rates must be kept low.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member yet? … want to listen to any one of our predictions? (more…)
Sunday, October 18th, 2009
Real Estate – more pain and no gain
These predictions were channeled on October 18, 2009. The topic is REAL ESTATE. Go ahead with your predictions and commentary. “We believe that the media experts have the real estate forecasts all wrong. If you listen to the commentary on TV, then you would believe that sales are booming and inventory is depleting. Sales are brisk, but only at the low-end of the price range. These are mostly people and investors looking to score a foreclosed property from the banks at fire sale prices.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member yet? … want to listen to any one of our predictions? (more…)
Thursday, September 17th, 2009
Real Estate…more foreclosures than sales
These predictions were channeled on September 17, 2009. The topic is the REAL ESTATE. Go ahead with your predictions and commentary. “Real estate appears in the news to be having a recovery. Sales are up and traffic is up, however confidence over the near-term (6 months) is down. One reason for this is that it is now too late get the $8,000 first time buyer credit.” continue MEMBERS-read the rest of these predictions in the CR News Reports©, or click HERE to order yours now to get all the “News Before It Happens … The Nostradamus of the NEWS.” Not a Member yet? … want to listen to any one of our predictions?