by | February 24, 2012 · 6:18 pm

2007 to 2012: Democrats do D.C.

Chrissy’s Site Bites: http://news.webshots.com/photo/2866753560056011884HsNWrW

Click on graphic to embiggen.

H/t: itooktheredpill

13 Comments

Filed under Barack Obama, Democrats, Harry Reid, Nancy Pelosi, National Debt, Republicans

13 responses to “2007 to 2012: Democrats do D.C.”

  1. itooktheredpill's avatar itooktheredpill
    February 24, 2012 at 11:15 pm

    Cool. Thanks, Chrissy!

    Also keep in mind that the The Zillow U.S. Home Value Index was over $190,000, but now is under $150,000.

    I.E., the average American homeowner’s home is now worth $40,000 less than it was five years ago. (A drop of over 21%, which is why so many people who bought homes in the last five years are now underwater on their mortages.)

    Overall, national home values have fallen 24.2 percent since their peak in May 2007. Nationally, home values are back to late 2003 levels. Additionally, mortgage rates remain at historically low levels, and this combination of low home values and low financing rates are creating record levels of housing affordability. This fact will translate into more housing demand this year as broader economic conditions continue to improve, spurring home buyers and doubled-up households to enter the market. Unfortunately, since a lot of this housing demand will be soaking up cheap supply created by foreclosure, we expect home values to continue to fall modestly in most markets, even while home sales are rising.

    http://www.zillow.com/blog/research/2012/02/08/home-value-declines-pick-up-in-fourth-quarter-but-zillow-forecasts-smaller-declines-in-2012/

    Like

    • chrissythehyphenated's avatar chrissythehyphenated
      February 25, 2012 at 4:48 pm

      Cool! Somebody else who is using your system! 🙂

      Like

      • itooktheredpill's avatar itooktheredpill
        February 26, 2012 at 3:21 pm

        Yes, it’s very helpful to see the combination of:
        1) Party control of House, Senate, and Presidency
        2) Employment as a percentage of population age 16+
        3) National debt as a percentage of GDP

        It’s shocking just how much damage the democrat majority has done over the last 5 years!

        Like

  3. Pistol Pete's avatar Pistol Pete
    February 25, 2012 at 4:53 pm

    Red:I hope your gravatar is you;we need more intelligent men on this blog.I’ve been drowning in an ocean of estrogen!

    Like