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Nor-LA-SD-guy.
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October 15, 2009 at 9:11 AM #16498October 15, 2009 at 9:34 AM #469266
Allan from Fallbrook
ParticipantArraya: Perhaps I misread the article, but it would appear to mention “shadow inventory”; at least in the sense that lenders are holding off on repossession for a variety of reasons.
While this certainly isn’t proof of some malign intent to control supply and thus pricing, it would appear that banks are simply overwhelmed by the sheer numbers, as well as also holding back to see if the government programs might also take hold.
That was my read.
October 15, 2009 at 9:34 AM #470089ParticipantArraya: Perhaps I misread the article, but it would appear to mention “shadow inventory”; at least in the sense that lenders are holding off on repossession for a variety of reasons.
While this certainly isn’t proof of some malign intent to control supply and thus pricing, it would appear that banks are simply overwhelmed by the sheer numbers, as well as also holding back to see if the government programs might also take hold.
That was my read.
October 15, 2009 at 9:34 AM #469448ParticipantArraya: Perhaps I misread the article, but it would appear to mention “shadow inventory”; at least in the sense that lenders are holding off on repossession for a variety of reasons.
While this certainly isn’t proof of some malign intent to control supply and thus pricing, it would appear that banks are simply overwhelmed by the sheer numbers, as well as also holding back to see if the government programs might also take hold.
That was my read.
October 15, 2009 at 9:34 AM #469878ParticipantArraya: Perhaps I misread the article, but it would appear to mention “shadow inventory”; at least in the sense that lenders are holding off on repossession for a variety of reasons.
While this certainly isn’t proof of some malign intent to control supply and thus pricing, it would appear that banks are simply overwhelmed by the sheer numbers, as well as also holding back to see if the government programs might also take hold.
That was my read.
October 15, 2009 at 9:34 AM #469804ParticipantArraya: Perhaps I misread the article, but it would appear to mention “shadow inventory”; at least in the sense that lenders are holding off on repossession for a variety of reasons.
While this certainly isn’t proof of some malign intent to control supply and thus pricing, it would appear that banks are simply overwhelmed by the sheer numbers, as well as also holding back to see if the government programs might also take hold.
That was my read.
October 15, 2009 at 10:01 AM #469844jameswenn
ParticipantThere was an article on Yahoo today. Sounds like the foreclosures up until now had to deal with rate resets, but the new ones are now due to unemployment.
Locally, i’ve run into a few people during the past month and they all mentioned moving to Texas, that the employment situation was better over there.
October 15, 2009 at 10:01 AM #470129ParticipantThere was an article on Yahoo today. Sounds like the foreclosures up until now had to deal with rate resets, but the new ones are now due to unemployment.
Locally, i’ve run into a few people during the past month and they all mentioned moving to Texas, that the employment situation was better over there.
October 15, 2009 at 10:01 AM #469918ParticipantThere was an article on Yahoo today. Sounds like the foreclosures up until now had to deal with rate resets, but the new ones are now due to unemployment.
Locally, i’ve run into a few people during the past month and they all mentioned moving to Texas, that the employment situation was better over there.
October 15, 2009 at 10:01 AM #469488ParticipantThere was an article on Yahoo today. Sounds like the foreclosures up until now had to deal with rate resets, but the new ones are now due to unemployment.
Locally, i’ve run into a few people during the past month and they all mentioned moving to Texas, that the employment situation was better over there.
October 15, 2009 at 10:01 AM #469306ParticipantThere was an article on Yahoo today. Sounds like the foreclosures up until now had to deal with rate resets, but the new ones are now due to unemployment.
Locally, i’ve run into a few people during the past month and they all mentioned moving to Texas, that the employment situation was better over there.
October 15, 2009 at 10:33 AM #469528Arraya
ParticipantAllan-I agree, the supply constriction is a natural occurrence albeit a welcome effect by the people that are tying to instill confidence. Conversely, very destructive in the long run. If that makes any sense.
October 15, 2009 at 10:33 AM #469884ParticipantAllan-I agree, the supply constriction is a natural occurrence albeit a welcome effect by the people that are tying to instill confidence. Conversely, very destructive in the long run. If that makes any sense.
October 15, 2009 at 10:33 AM #469957ParticipantAllan-I agree, the supply constriction is a natural occurrence albeit a welcome effect by the people that are tying to instill confidence. Conversely, very destructive in the long run. If that makes any sense.
October 15, 2009 at 10:33 AM #469346ParticipantAllan-I agree, the supply constriction is a natural occurrence albeit a welcome effect by the people that are tying to instill confidence. Conversely, very destructive in the long run. If that makes any sense.
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