Central Ohio home sales skyrocket | T...

Central Ohio home sales skyrocket | The Columbus Dispatch

There are 65 comments on the Columbus Dispatch story from Nov 23, 2009, titled Central Ohio home sales skyrocket | The Columbus Dispatch. In it, Columbus Dispatch reports that:

A sold sign appears outside an home in Chagrin Falls, Ohio. October U.S. home sales rise 10.1% Home sales skyrocketed in October in central Ohio and throughout the nation, driven the federal tax credit for first-time homebuyers.

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PaulMark

Hilliard, OH

#1 Nov 23, 2009
Thank you Obama. First the automobile industry and now the real estate market. Keep up the good work and ignore the haters who want you to fail at every turn.
I am Joe The Plumber

Bellefontaine, OH

#2 Nov 23, 2009
Of course all of the money spent by Obama to socialize the housing and auto markets will create higher inflation and even higher interest rates. You can save $8k on a home now, but even having a 1% point increase in your ARM loan rate will cost you 10's of thousands over the life of the loan. Socialized spending worked for Jimmy Carter, right? Keep up the good work Barry -
ahem

Columbus, OH

#3 Nov 23, 2009
Per the above post, I think it should say thank you "Congress". Seems only fair. Obama isn't calling the shots. And when he does, you can tell because nothing happens!
Change is coming!.....Wait...where is it?
PaulMark

Hilliard, OH

#4 Nov 23, 2009
Bush did the same thing. the only difference is the money now is helping out "the little guys" instead of winding up enriching CEO's at Goldman, Bear Sterns, and Halliburtin. You're just upset that Obama has been able to turn the economy around.

Catch you later Joe The (unlicensed) Plumber.
ssd

Columbus, OH

#5 Nov 23, 2009
But the value of our homes still suck.
-Paul

Montgomery, AL

#6 Nov 23, 2009
To PaulMark's comment.....Haters? Whatever. Please go take an economics class and understand the principles of printing money. Somebody's going to be paying for these $8,000 credits and that would be the taxpayers; you and me. Hopefully you're paying more than your fair share like the rest of the middle class.

Bailouts aren't free.
Ditto

Columbus, OH

#7 Nov 23, 2009
Ditto paulmark
Darren

Columbus, OH

#8 Nov 23, 2009
It's one thing to provide incentives to the people but it's quite another to promote outright socialism. That's what the Messiah has said in the past and that's what he's people are now promoting.
Bob

Columbus, OH

#9 Nov 23, 2009
ahem wrote:
Per the above post, I think it should say thank you "Congress". Seems only fair. Obama isn't calling the shots. And when he does, you can tell because nothing happens!
Change is coming!.....Wait...where is it?
I think it should say - Thank you fellow taxpayers. All non-buyers are funding the credits for the buyers. Same goes for cash for clunkers. It's amazing to me that some liberals tout these programs as successes when such a miniscule number of taxpayers are benefiting. Don't you think some voters are out there saying - where's my credit? Nothing good can come of citizens or large corporations expecting handouts from their government.
pikkil47

Hilliard, OH

#10 Nov 23, 2009
HooBoy! here we goes again.. Check back in 18-24 months when the smoke clears on these "new" mortgages.
Bob

Columbus, OH

#11 Nov 23, 2009
PaulMark wrote:
Thank you Obama. First the automobile industry and now the real estate market. Keep up the good work and ignore the haters who want you to fail at every turn.
This is not a positive. What would you expect the outcome to be? People are being given free money. To simplify it - Would you be more likely to buy a car/house if you knew your neighbor was going to pay for part of it? As soon as these home buying subsidies expire you are going to see headlines of "Central Ohio home sales plummet".
Darren

Columbus, OH

#12 Nov 23, 2009
You Bush haters are a riot. We spent 8 years of listening to you flat out make up stuff.

Tell us there PaulMark, how exactly did the Bush policy of a first time home buyer incentive help CEO's?

Oh, and if you think this economy has turned around, you're delusional. Beyond that, the ONLY people who might have any scent of a turn around are the RICH PEOPLE AT BEAR STERNS THAT YOU SEEM TO SO DESPISE.

Home prices still stink, food prices are going up, I'm paying 90 cents MORE for a gallon of gas, oil prices are at highs for the year, the dollar is at an all time low, car prices are through the roof, and nobody can borrow money to invest in future capital. Banks are still going under, a record number already this year.

And to top it all off, Obama has spent more money that we do not have than ANY president this country has ever had. Where is he going to get this money to pay off his IOUs?
PaulMark

Hilliard, OH

#13 Nov 23, 2009
-Paul wrote:
To PaulMark's comment.....Haters? Whatever. Please go take an economics class and understand the principles of printing money. Somebody's going to be paying for these $8,000 credits and that would be the taxpayers; you and me. Hopefully you're paying more than your fair share like the rest of the middle class.
Bailouts aren't free.
Bush put money directly into the hands of CEO's who ran their companies into the ground. Billions to the auto industry, investment firms, banks, insurance companies etc. How can you not call that socialist. Obama is offering incentives to average americans to jumpstart an economy in ruins. Bushs bailouts acheived absolutely nothing except to enrich the CEO's. Obama's tax incentives helped out car dealers and average americans reying to sell their homes and put the economy moving in the correct direction. I think it's you who needs a class in economics...one in recent history might not be a bad idea either.
Annirich

Columbus, OH

#14 Nov 23, 2009
PaulMark wrote:
Thank you Obama. First the automobile industry and now the real estate market. Keep up the good work and ignore the haters who want you to fail at every turn.
They're all false numbers. The economy is tanking because it's a house of cards. These industries will fail in the altimate end. If health care and cap and tax are voted in, we're all done. Obama will have reached his goal which is to take down capitalism; that's his real agenda
THOMAS

Palo Alto, CA

#15 Nov 23, 2009
Yes, if you give people federal money to buy homes the sale of homes will rise. But you have to wonder....where is that money coming from when our deficit is in the trillions? Yes, they are printing money. Wait until that money starts to filter through and inflation hits and interest rates go up. Hopefully all those people are buying with a 30-year fixed.

The government is basically creating a mirage. Imagine I lost my job and can't afford anything. Then I find a credit card and I go out and start spending and then I report that my situation is great because I am now spending money again. But wait, I OWE that money, right? So how has my situation improved?

You don't get out of a spend-created recession by spending more.
Annirich

Columbus, OH

#16 Nov 23, 2009
PaulMark wrote:
Bush did the same thing. the only difference is the money now is helping out "the little guys" instead of winding up enriching CEO's at Goldman, Bear Sterns, and Halliburtin. You're just upset that Obama has been able to turn the economy around.
Catch you later Joe The (unlicensed) Plumber.
The economy HAS NOT turned around. We're still tanking and so far in debt we'll never come around. Our country is tanked just as Obama had planned from the beginning. I wonder when he's going to issue our uniforms and tell us which government job to report to?
THOMAS

Palo Alto, CA

#17 Nov 23, 2009
PaulMark wrote:
Thank you Obama. First the automobile industry and now the real estate market. Keep up the good work and ignore the haters who want you to fail at every turn.
This just goes to show how short-sighted you and most Obama supporters are. Amazing.

By the way, how do you defend the fact that Obama has surrounded himself with socialists and radicals and these are the people giving him advice? Oh yes, I know...Bush was worse. There you go. That will help.
Bob

Oklahoma City, OK

#18 Nov 23, 2009
To everyone who was able to get the $8000 tax credit: You're welcome. I enjoy giving my tax money so you can buy a house. Now, when are you going to reciprocate (nobody paid me to buy my house 3 1/2 years ago). All sarcasm intentional.
-Paul

Montgomery, AL

#19 Nov 23, 2009
Darren wrote:
You Bush haters are a riot. We spent 8 years of listening to you flat out make up stuff.
Tell us there PaulMark, how exactly did the Bush policy of a first time home buyer incentive help CEO's?
Oh, and if you think this economy has turned around, you're delusional. Beyond that, the ONLY people who might have any scent of a turn around are the RICH PEOPLE AT BEAR STERNS THAT YOU SEEM TO SO DESPISE.
Home prices still stink, food prices are going up, I'm paying 90 cents MORE for a gallon of gas, oil prices are at highs for the year, the dollar is at an all time low, car prices are through the roof, and nobody can borrow money to invest in future capital. Banks are still going under, a record number already this year.
And to top it all off, Obama has spent more money that we do not have than ANY president this country has ever had. Where is he going to get this money to pay off his IOUs?
Amen, Darren. It's like the water receding back out to sea before the tsunami comes crashing in. Follow the elephants up the hill or drown with the donkeys on the beach.
-Paul

Montgomery, AL

#20 Nov 23, 2009
PaulMark wrote:
<quoted text>
Bush put money directly into the hands of CEO's who ran their companies into the ground. Billions to the auto industry, investment firms, banks, insurance companies etc. How can you not call that socialist. Obama is offering incentives to average americans to jumpstart an economy in ruins. Bushs bailouts acheived absolutely nothing except to enrich the CEO's. Obama's tax incentives helped out car dealers and average americans reying to sell their homes and put the economy moving in the correct direction. I think it's you who needs a class in economics...one in recent history might not be a bad idea either.
Ya just don't get it, do you Scott? Zip it!

Love,
Dr. Evil

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