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NPR story on house prices

Uncle Timmy avatar
Uncle TimmyBeach Fanatic
10,069 views
I heard this story on NPR.

http://www.npr.org/templates/story/story.php?storyId=6383099

Check out the graph. (Moody'sEconomy.com)

Predictions for our area:

Fort Walton Beach:

Peak to Trough %Decline -7.9%

Peak - 2nd quarter of '05

Trough - 3rd quarter of '06

Replies

53
30gAy avatar
30gAyBeach Fanatic
#27
:lolabove: I :wub: you 30gAy.
There would not have been a pissing contest if he did not break out his winkie. ;-)

Ah, and therein lies the root of the problem, you all need to join my world -when the winkies come out, it's time to par-tay!
kathydwells avatar
kathydwellsDarlene is my middle name, not my nickname
#28
Ah, and therein lies the root of the problem, you all need to join my world -when the winkies come out, it's time to par-tay!

:funn:
BlueMtnBeachVagrant avatar
BlueMtnBeachVagrantBeach Fanatic
#30
Mango,

I stand corrected. It was not you who brought up "psychology". It was spinDrAtl. My bad. Sorry. Won't happen again.

Regarding your comments about social security and income tax:

You said (and I quote complete with blinking icon),
"Vagrant: Tell me when you write a check to the government for $250,000 in one year for taxes if you dont consider that big bucks. I do.:blink: "

THEN you said (and I quote),
"As for the $250K tax bill, what I meant to say was I have at least paid $250K into the Social Security system in my career of 23 years in the same business."

I bet you really earn your 6 digit salary as an advisor to John Kerry?:roll:


BTW, I'm taking my wife's diamond ring back for a refund. Me to my bride as she hits me with a baseball bat... "But Mango said psychology doesn't have that much effect on why I bought it for you dear. It has no practical value since we don't use it to cut glass. Shelly said something about FUNDAMENTALS. Dear, why can't you see things their way?"

30gAy actually made me laugh at myself. Hopefully he had the same effect on you.

Truce?

;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-) ;-)
goofer avatar
gooferBeach Fanatic
#31
I vote for truce. If it were so easy at the U.N. .
Miss Kitty avatar
Miss KittyMeow
#32
NO! Let's talk about taxes. Let's talk about how the "rich" don't pay taxes!!! Let's talk about how the Kitties pay taxes all over the freakin' galaxy! :sleeping: ....sorry, I just bored myself.
Camp Creek Kid avatar
Camp Creek KidChristini Zambini
#33
NO! Let's talk about taxes. Let's talk about how the "rich" don't pay taxes!!! Let's talk about how the Kitties pay taxes all over the freakin' galaxy! :sleeping: ....sorry, I just bored myself.

So now you're bragging that you're rich :roll: . We :wub: anyway.
Bobby J avatar
Bobby JBeach Fanatic
#34
People please,

If we are going to get into a pissing contest, let?s at least throw in some colorful insults.

Let me play Dr. Phil, if he ever decided to moderate a smack-down:

BMBV why don?t you turn to Mango and attack her ?big bucks? comment by expressing that because she is so downtrodden that she has to buy her McDonald?s milkshakes on layaway, anything seems like big bucks.

Mango, why not point out to BMBV that nit picking an argument is about as productive as trying to arrange a bag of M&Ms alphabetically.

BMBV should respond by suggesting that Mango is so clueless that she could trip over a cordless phone.

And Mango, you end by telling BMBV that he sounds old enough to have had Moses as a high school classmate.



If we can?t play nice, at least we can play in a way which entertains others. Please continue??.


I have got to meet you! You are too much. You remind of a guy that use to work for me.... Very witty.... Keep on posting! It helps make us all realize how silly we can be! :clap_1:
BlueMtnBeachVagrant avatar
BlueMtnBeachVagrantBeach Fanatic
#35
I have got to meet you! You are too much. You remind of a guy that use to work for me.... Very witty.... Keep on posting! It helps make us all realize how silly we can be! :clap_1:
I did admit to this first. But since you've summed it up so well, Bobby, let's hope we ALL keep this in the back of our minds during the next heated debate. (No winkies needed here).
Miss Kitty avatar
Miss KittyMeow
#36
So now you're bragging that you're rich :roll: . We :wub: anyway.


ooooooooh! Maybe we are rich, but only BEFORE taxes! 😀 I was PUI (hardly an excuse). It IS low class to talk $$$$.
Bobby J avatar
Bobby JBeach Fanatic
#37
I did admit to this first. But since you've summed it up so well, Bobby, let's hope we ALL keep this in the back of our minds during the next heated debate. (No winkies needed here).

Bmbv,
I must admit every debate I have been in on these boards I have learned another point of view... I do not always agree but I walk away with more info and it is important for me to value others opinions.
Beachbummette avatar
BeachbummetteSoWal Insider
#38
I have got to meet you! You are too much. You remind of a guy that use to work for me.... Very witty.... Keep on posting! It helps make us all realize how silly we can be! :clap_1:

So did I Bobby J😀 :clap_1: I actually sent him a pm...it was a little embarrassing because our mutual friend and i had just been emailing each other pictures of catsuits (don't ask) so I think 30gay thinks I am one wackjob...'cause I asked him about his catsuit. 😀

Edited

Uncle Timmy avatar
Uncle TimmyBeach FanaticAuthor
#39
Well, I'm glad this thread has generated some interesting perspectives.....

If I may focus the conversation somewhat -what I found most interesting about the article is the insight, albeit from one source (Moodys) only, about the possible local perspective on the housing issue/bubble/whatever.

I have been following the national news, and economic reports about the national housing issues, but it is hard to translate this information into a SoWal perspective.

I found it interesting that Moody's predicted that the Ft. Walton real estate market (and I agree with someone's statement above about how FWB is different than SoWal) was forcast to recover in the 3rd quarter of '06. This puts FWB at a very early timetable as compared with most other locals.
Bobby J avatar
Bobby JBeach Fanatic
#40
Growing up and hearing about all the ups and downs of the real estate market on national news, I always noticed 30A responded a little different... We are a tiny little bump in the world that alot of folks want a peice of.

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