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Posts Tagged ‘housing’

The Obama Boom: Housing Prices fall to 2002 levels

by Phantom Ace ( 1 Comment › )
Filed under Economy, Headlines at February 28th, 2012 - 1:47 pm

The Media is cheering that Consumer sentiment is up despite the high oil prices. The Pharaoh’s propaganda machine seems to working with many Americans. Despite the propaganda, reality crashes into the Obama Boom lie. Housing prices continued to decline in December. This indicates a depressed housing market, despite the propaganda.

WASHINGTON (AP) — Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.

The Standard & Poor’s/Case-Shiller home-price index shows prices dropped in December from November in 18 of the 20 cities tracked. The steepest declines were in Atlanta, Chicago and Detroit. Miami and Phoenix were the only cities to show an increase.

The declines partly reflect the typical slowdown that comes in the fall and winter.

Still, prices fell in 19 of the 20 cities in December compared to the same month in 2010. Only Detroit posted a year-over-year increase. Prices in Atlanta, Las Vegas, Seattle and Tampa dropped to their lowest points since the housing crisis began.

The greatest economic boom in the history of the solar system continues apace!

 

The Obama Boom: Home prices decline

by Phantom Ace ( 3 Comments › )
Filed under Economy, Headlines at December 27th, 2011 - 9:59 am

Good times are here again the media and the Obama cult have declared! They claim we are in the midst of an unprecedented economic boom. Despite this, reality seeps into the news. Housing prices fell last month across most US cities.

U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy.

The Standard & Poor’s/Case-Shiller index shows prices dropped in October from September in 19 of the 20 cities tracked. Prices in a majority of cities declined for the second straight month. Prior to that, they had risen for five consecutive months in at least half of the cities tracked.

The Obama Boom continues to roar!

More Joyous News From The Housing Market

by Iron Fist ( 34 Comments › )
Filed under Headlines at March 29th, 2011 - 12:51 pm

This is awful:

‘No Real Hope In Sight” As Case-Shiller Shows Housing Recession Still Here
Mar. 29 2011 – 11:43 am | By AGUSTINO FONTEVECCHIA

Housing is not even close to recovering -The Library of Congress via Flickr

Continuing its descent to the lower depths of a double-dip trough, the U.S. housing market fell even further in January, according to the widely followed S&P/Case-Shiller Home price Indexes. The 20-City Composite fell 3.1% from January 2010 while 11 of the 20 metropolitan areas (MSA) surveyed hit their all-time lows since the index began. In the words of David Blitzer, Chairman of the Index, the latest readings “bring us weakening home prices with no real hope in sight for the near future.”

The Recession is real. It is taking jobs, and costing life savings. The people who deny this are either getting rich off of it or have something to lose by admitting the truth. Or both.

Casa de Coprolite

by Bunk Five Hawks X ( 289 Comments › )
Filed under Academia, Climate, Education, Humor, Open thread, Science, Technology, Weather at July 29th, 2010 - 10:30 pm

[More info and images here via here.]

It’s a house. It’s a very ugly house. It’s a very ugly house created for a competition by people who have no concept of aesthetics, let alone standard construction practices. Here’s a partial description justifying the brilliance of the design:

DISTRIBUTED INTELLIGENCE
Faced with the typical house model of a “box construction” made up of standard industrialized components, we chose to build a clever house with systemic logic components, rising into what we call a distributed intelligence. This means that each component of the prototype contains the same level of technology, energy, structural, etc… With this we say that the logic of all is found in each of the parts, and not vice versa.

That is, distributed intelligence can be understood as the development in fusion research systems and materials, implying a change of procedures, multi functionality in the construction field. Opening the possiblities of digital parametric design from the traditional assembly of standardized industrial components of the home-computer.

In other words, they’ve not only designed one of the ugliest dwellings ever imagined, they’ve invented a brand new lexicon to justify it. Archibabble at its worst. Phew.

To be fair, the design is clever in one respect, that the shape was generated based upon solar tracking, that is, a computer model engineered a shape that maximizes the amount of surface area that receives direct sunlight throughout the day and throughout the year, thus determining the configuration of the solar panels. WIN.

Unfortunately, the maximum efficiency is compromised by site orientation, its global latitude, and, um, unpredictable cloud cover. And it’s ugly. FAIL.

Since this was previously posted here, it’s only fair and  proper to have an Overnight Open Thread. WIN!