Comments on: Houston Real Estate Postseason Wrapup: Foreclosures Still Hanging Around

By: Foreclosure Auction

Foreclosure Auction — Thu, 05 Nov 2009 21:24:38 +0000

Super statistical with the realistical, satirical in the umbilical… Houston’s foreclosure numbers are only higher than phoenix because of population.. Maricopa county az has some of the worst downturns in the history of free markets.

By: little john

little john — Thu, 22 Oct 2009 14:51:10 +0000

In the anatomy of a disaster there is the ‘denial phase’. The B.S. being spread by the HAR is proof that they are in the denial phase. The problem is that many sellers believe it. Here’s a historical analogy:

New Orleans 2005: “My house is 12 feet below sea level. The levies around my house were only engineered to withstand a cat’ 3 hurricane. There is a cat’ 5 hurricane in the gulf but it won’t hit me.”

Houston 2009: “I bought my house in 2005 for 150k. I’m presently trying to sell it for 250k but can’t find a buyer. I’ll just rent it out for $1000/month until the market turns around.”

By: Golden Pony

Golden Pony — Wed, 21 Oct 2009 21:04:03 +0000

Wow. I have feeling this “correspondent” is the type of person who snoops around after dark taking photos in attempt to lampoon the pillars of the houston real estate community. the stats are the stats and the old real estate saying holds true, “you can’t make a silk purse out of sow’s ear.”

By: Matt Mystery

Matt Mystery — Wed, 21 Oct 2009 16:53:44 +0000

These are all in the boonies. The market is good. So says HAR and the “silk stocking” realtors. Better hurry and grab that $5 million home in Tanglewood while you can!

Wonder when the half-price sale will hit?

By: kjb434

kjb434 — Wed, 21 Oct 2009 13:02:50 +0000

Let’s all get out statistician caps on! I will still always remember the book on one of my college professor’s shelves called “How to Lie with Statistics!”

By: Brian

Brian — Wed, 21 Oct 2009 00:58:26 +0000

Fun with numbers!