You can stop all the

You can stop all the excess home inventory today, create FINANCING FOR canadian buyers, today. If you have been working with canadian investors like i have , you have run into the , we don,t have loan programs for aliens not living in the united states aka canadians. ITS A CROCK OF SHI@#$, WHEN THEY ARE BUYING UP ALL OUR DISTRESSED PRICED INVESTMENT HOMES , WHILE HAVING TO PAY ALL CASH , SAY A 100K FOR A HOME. ALL THE SCAMMER BANKSTERS NEED TO DO IS OPEN UP A 25% DOWN OR EVEN 50 % DOWN LOAN PROGRAM AND , POOF, ALL THE FORECLOSURE INVENTORY WOULD BE GONE.Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon. Home prices dropped 2.6% nationwide during the last three months of 2010, pushing more borrowers underwater, according to a quarterly real estate market survey from Zillow.com.Now 27% of homeowners with mortgages owe more than their homes are worth. That's up from 23.2% a quarter earlier. That will surely lead to higher foreclosure rates soon. That's because being underwater is second only to unaffordable payments in leading to foreclosure, according to Zillow's chief economist, Stan Humphries. Additionally, the report found that more than one-third of all homes were sold at a loss in December. That trend has been on a steady uptick for the past six months, as homeowners try to find ways around foreclosure or out from under their homes. The so-called "robo-signing" events of the fall also forced the number of underwater mortgages higher. When banks' foreclosure paperwork came under scrutiny, many halted all repossessions until they could straighten things out. With foreclosures no longer being cleaned out of the system, more homes stayed underwater rather than moving on to foreclosure. The moratoriums have been only temporary, however, and the defaults that had been stopped up in the foreclosure pipeline could come out in a gush over the next few months. And any bump in the number of foreclosures adds to the likelihood that more homes will be dumped onto an already bloated market. That would just further depress home prices, continuing the vicious cycle that has plagued the industry for several years.Where is obama when you need him anyway

HOUSING STINKS SAYS

HOUSING STINKS SAYS , OBAMA WHO YOU TRYING TO KID Who you trying to kid , says obama, housing stinks Who are you trying to kid, theres no jobs , says obama (edit/delete) I just drove around the phoenix arizona boundries today and saw no less than 10,000 vacant buildings, new office warehouses, vacant , never ever had the lights turned on, who you trying to kid, says obama, i just saw 46,090 vacant homes today driving around the phoenix area, and no one to buy them, so with no jobs , and no buyers, who you trying to kid , says obama , and with most realtors in arizona sucking wind , and pretending to be busy, and driving and hiding from friends ,and neighbors, how do you sell a home to a client that has a 550 fico score , a bk, and a shortsale , going on, says obama. Among small employers is at the highest level since the recession began in December 2007. “We expect (job openings) will be bouncing back in the months ahead,” said Dean Maki, chief U.S. economist at Barclays Capital. For now, openings are still far below the 4.4 million available jobs advertised in December 2007. Nearly 14.5 million people were out of work in December. As a result, on average there were 4.7 people competing for each available job, about the same as in November. That’s below the ratio of 6.3, reached in November 2009, the highest since the department began tracking job openings in 2000. In a healthy economy, the ratio would fall to roughly 2, economists say. Job openings fell sharply in construction to 28,000, from 91,000 in November. That could reflect weather-related shutdowns of building projects, Maki said. The NFIB said its optimism index rose to 94.1 in January, from 92.6 the previous month. That’s the highest level in three years, but still below levels that are consistent with a healthy economy. The average reading before the recession was 100, the NFIB’s report said. “Overall, a clear step in the right direction,” said Ian Shepherdson, an economist at High Frequency Economics. But the NFIB survey shows small companies are still weaker than larger firms, Shepherdson said, which are benefiting from overseas demand for U.S. goods. In another positive sign, the Conference Board said last week that online job postings jumped 10.2 percent in January, to 4.27 million. Health care, computer services, sales and office support positions all saw big gains. The figures follow a mixed jobs report released last week, which showed the unemployment rate fell sharply to 9 percent in January from 9.4 percent the previous month. The rate is down from 9.8 percent in November, the steepest two-month fall in more than 50 years. But the report also found that employers added a net total of only 36,000 jobs, far below what’s needed to consistently reduce unemployment. The department’s report, known as the Job Openings and Labor Turnover survey, or JOLTS, counts number of jobs advertised on the last business day of the month. Job openings dropped sharply in professional and business services, a category that includes temporary help agencies. They also fell in construction, manufacturing, and in education and health services. Job openings rose in trade, transportation and utilities, and in retail. JOB openings for corner sign twillers is booming says college grad latoya de jackson, i cannot get a day off, even to do my manicure, says longtime friend of obama

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