Comments on: Home Prices Seen Dropping 10% in U.S. on Foreclosures: Mortgages

By: Roy Conelly

Roy Conelly — Tue, 04 Dec 2012 09:25:44 +0000

I hope dropping of prices of these forclosed homes will continue til next year. And I hope that the government will also see to it that proper budget for maintenance of these forclosed homes be considered. Thanks!

By: neidermeyer

neidermeyer — Fri, 30 Nov 2012 15:20:21 +0000

In reply to stripes.

Oh yes we will definately get back to the “bubble price” , please don’t confuse price with value ,, the banksters are accelerating their purchases of real property in front of the biggest bubble of all , buying all they can while prices are cheap and we have high unemployment and taxes putting a lid on inflation and growth, the collapse of the US Dollar is coming and they are trading soon to be worthless dollars for real things.. My house will be “worth” what it sold for in 2007 in just a year or two ,, maybe much less … The trouble is that a loaf of bread will also be $400K.

By: Poof

Poof — Fri, 30 Nov 2012 00:14:04 +0000

The price of housing dropping no way,that is not what the lamestream media was saying 3 weeks ago !

By: Sarah

Sarah — Thu, 29 Nov 2012 21:34:00 +0000

Truly bizarre article, in that the occupants in these homes, whoever they may be, are totally ignored as if they are invisible. Instead outside entities are sizing up ’em up. making assumptions, but again the foreclose(ee) isn’t human.
Victims do in fact take care of the homes, they might be in foreclosure for reasons other than simply a lack of money, since the time of default may have been in the past. Banks/FIRE sector don’t care about actually housing anyone, they are profit parasites.

By: stripes

stripes — Thu, 29 Nov 2012 19:09:30 +0000

Let’s face it, this was all about sucking the value out of everything we worked hard and paid for. These crooks don’t care because they didn’t pay for anything. All the banks did was swap credit slips and oversell investments in nothing to investors. To accept a dime less than what we paid is robbery. Making payments on property that is worth less than we are paying for it is robbery also. The property taxes are also way out of line with the property values. An attorney told me a while ago the property values are never coming back to the bubble price because that was all manufactured fraud.