Page 3 - Housing Value News Today

what ben bernanke said yesterday was exactly what the market expected him to say, we know things are weak, we know europe is a severe issue. him saying it even though they knew he was going to say it makes people more worried looking for something to hold on to and a little bit of hope. most people say this is a dramatic sell-off and you might see stabilization. that isnt the same thing as saying we arent in a real economic problem, we know we are. >> it seems the markets are underwhel...

saying it, even though they knew he was going to say it makes people more worried, people are kind of looking for nothing hold on to, maybe for a little bit of hope, why you see this people are saying this is a rather dramatic selloff and might see stabilization that isnt the same thing as saying we arent in a real economic problem. we know that we are. >> and steven, seems like the markets were also underwhelmed by the by the feds latest moves to kick start the economy. is there anyth...

First family are staying on are on a part of this island called chillmark. it has a median housing value of $1,097,000. to give you perspective, thats almost three times the massachusetts average median housing value of 366,000, its nearly five times what the median national housing value is, $235,000. now, to give you a further indication of just how isolated this particular part of massachusetts is from all the real estate trends nationwide, in massachusetts in general housing sales dropped 28...

In housing value since the peak. >> greta: people wont buy a house if they cant meet the mortgage names why it is a bigger problem. >> let me interrupt because it is important. weve had all these mortgage modification programs from the bish and obama administration. -- from the bush and obama administration. if people dont have jobs or their incomes arent rising it is difficult. >> greta: i know the republicans say we have to extend all the tax cuts for everybody, the democrats say no, it is all...

In housing value since the peak. >> greta: people wont buy a house if they cant meet the mortgage names why it is a bigger problem. >> let me interrupt because it is important. weve had all these mortgage modification programs from the bish and obama administration. -- from the bush and obama administration. if people dont have jobs or their incomes arent rising it is difficult. >> greta: i know the republicans say we have to extend all the tax cuts for everybody, the democrats say no, it is all...

Our housing value in the past year has been 18%. 1920, hello. our gnp fell 24% in one year. 1920 to 1921. our unemployment rate back then was 11.9. higher than it is now. far worse than today. in 2009, real gdp only decreased 2.4. got it? 2.4. hello. in some cases 1920 was worse than the great depression in the 1930s. what happened? harding, because americans learned their lesson, progressive, that was a nightmare. they cut spending in half. spending in half. by 1923, they cut taxes.

Our housing value in the past year has been 18%. 1920, hello. our gnp fell 24% in one year. 1920 to 1921. our unemployment rate back then was 11.9. higher than it is now. far worse than today. in 2009, real gdp only decreased 2.4. got it? 2.4. hello. in some cases 1920 was worse than the great depression in the 1930s. what happened? harding, because americans learned their lesson, progressive, that was a nightmare. they cut spending in half. spending in half. by 1923, they cut taxes.

People and nursing home patients and children with autism. am i wrong in that interpretation? >> no. not if you look at the ryan budget plans to do. and romney certainly endorse the budget. what the president is trying to do in his speech is make a great argument for the role of government in creating jobs and public sector clearly creates private sector. >> sean: how come we have a million fewer jobs than when he took office? >> heres the tough problem for barack obama. he cant run on the recor...