

 |
| Is Woke like the Temperance Movement ? (Page 2/2) |
|
maryjane
|
JAN 22, 11:42 AM
|
|
People have whined about how high real estate was for many decades, just as they have about the price of cars, tea and canned beans. And yet, homes are currently and still, selling like the proverbial stack of hot cakes, here in this USA portion of North America. So much so, that a shortage of available to buy homes is predicted by some.
Home sales activity ticked up in the final month of 2020 and annual sales activity reached its highest levels since 2006.
Existing home sales increased 0.7% to 6.76 million in December from a month earlier and up 22.2% from the same time a year ago, according to the National Association of Realtors (NAR). The results beat analysts’ estimates compiled by Bloomberg of 6.56 million.
“Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,” said Lawrence Yun, NAR’s chief economist, in a press statement. “What’s even better is that this momentum is likely to carry into the new year, with more buyers expected to enter the market.”
The results were surprising as pending home sales, which lead to actual sales, dipped in October and November, and most analysts expected to see a slight dip in actual sales as a result.
Total inventory at the end of December was 1.07 million units, down 16.4% from a month earlier and down 23% from a year ago, according to the NAR. Unsold inventory is now at an all-time low of 1.9 months’ supply at the current sales pace, down from 2.3 months in November.
“It's surprising that home sales remained this strong in December, considering that buyers have few homes to choose from. It's hard to emphasize how bonkers a 1.9-month supply of homes for sale is. That's a record low, and there's no doubt that even more people would be buying homes if more owners listed their properties for sale,” said Holden Lewis, home and mortgage xpert, NerdWallet, in a press statement.
The upbeat result follows rosy data released Thursday. Housing starts and building permits also ended the year at the fastest pace in 14 years. U.S. home construction jumped 5.8% in December to 1.67 million units, according to the Commerce Department.... More at the link.
https://finance.yahoo.com/n...-2020-150355680.html
|
|
|
IMSA GT
|
JAN 22, 08:41 PM
|
|
| quote | Originally posted by maryjane:
People have whined about how high real estate was for many decades, just as they have about the price of cars, tea and canned beans. And yet, homes are currently and still, selling like the proverbial stack of hot cakes, here in this USA portion of North America. So much so, that a shortage of available to buy homes is predicted by some.
|
|
That's because all of the Californian's are buying up property left and right in your neck of the woods as they run like hell from this pathetic state.
|
|
|
maryjane
|
JAN 22, 09:01 PM
|
|
In my particular neck of the woods, it's people moving here from the Houston metro are, but in my previous post, I was referring to the entire USA part of North America.
In Texas in general tho, you may be right, but plenty of people moving here from states other than Calif too. https://www.businessinsider...pulation-of-120877-9
The top states they are coming from? 1. Calif 2. Fla 3. Louisiana 4. Illinois 5. Oklahoma 6. New York 7. Colorado 8. Virginia 9. N. Carolina 10. Arizona
https://www.sacurrent.com/t...s-theyre-coming-from

|
|
|
Notorio
|
JAN 22, 11:25 PM
|
|
| quote | Originally posted by Wichita: With the Woke cult taking greater mindshare and capturing government, academia and media, there appears to be a misguided agenda that will only result in backfiring, much like the temperance movement ...
|
|
Fiero Friends, there's an exceptional, very readable history of the rise and fall of Prohibition named 'Last Call.' It is a fascinating study in how two groups of well-meaning people (Women's Suffage movement & the Christian Temperance Society) joined forces to push and shame BOTH Democrat and Republican law makers into passing Prohibition. It is bursting at the seams with Woke individuals (the Drys), their tiring moral outrage, and the go-alongs-to-get-along. In all fairness people were completely perplexed by the ubiquitous saloon establishments where many men (and a few women) drank and gambled away the family's food and rent money, fought each other, and came home dead drunk or landed in jail. The movements solution to ban intoxicating drink transformed America from a land of mostly law-abiding citizens into a place where most adults were willing to 'get a drink on the side' via ingenious, unlawful means, reaching into local law enforcement all across the country. When Prohibition was finally repealed in it's wake remained the recently formed national and international crime syndicates that turned from trafficking's in booze to pushing drugs. It is hard to overestimate the permanent cultural damage created by that one, well-meaning social experiment. Will Wokeness end up in the ash heap like Prohibition after its force is finally spent and backfire? Let's not find out. Let's fight it wherever we can.
|
|

 |
|