What does it mean?

Not all markets are bad. In Kentucky the average selling price actually went up around 5% from last year. Not every market is failing, but some are that is for sure.

that's certainly good news, eric. connecticut has been pretty stable also, though we've certainly seen some dips...and there is a mountain of listings in some of the lower price ranges. building permits and starts are down quite a bit too, but thats also good because it shows that the builders are getting smart and not doing too much spec work.

that was me above...i may as well get credit for saying what i said, huh?


that's certainly good news, eric. connecticut has been pretty stable also, though we've certainly seen some dips...and there is a mountain of listings in some of the lower price ranges. building permits and starts are down quite a bit too, but thats also good because it shows that the builders are getting smart and not doing too much spec work.

Yes that is what I thought. Good news, we need more of it.

Plus think how good it has been for conforming borrowers lately.

but oh so much better for fha borrowers with reduced credit scores!

me, again, of course up there ^

and, now, out for the evening - see yall later

I heard that the ir is going up already. My hubby is self employed and talking about going into another line of work.He does contruction mainly drywall.There has been none for a few weeks now just small repairs. It worries me since he tends to borrow when he gets into bind and I am the more penny pincher of us 2.I have one weekness though thats when the kids need things or THINK they need things. Thats what i spend mot of my money here on .Anyway his work is very slow right now which his brother does the same work and also our son.

maybe you need to put the kids to work, patricia!
:wink:

fat chance of that happening! :roll: What happened above did you keep getting signed out?

no...just neglected to sign in before i posted. you know how you get the notifications that there is a response to a post? well, i sometimes just click on that notification and respond, then realize that i neglected to login.

oh well

OH Wow! Thas what I do also. Sometimes i go into the forum and see if there are any new threads to respond to but mostly I just use the ones that come into my email. Yes, I have forgot to sign in make me mad. But also i have signed in and it will sign me out again.

yeah...if you are idle long enough you will get bumped off sometimes...it almost happened to me right here, because i have had about 5 phone calls since i started writing this!