When strong buyers have been exhausted, the strategy is obviously to make more loans more readily available to everyone else. So they can pick up where strong buyers left off.
My prediction? In some of the less than stellar areas..Get ready for the next run up in prices. More buyers in the buyer pool.. Hope you folks have a lot of cheap real estate you picked up over the past few years….Enjoy the ride.. 🙂
Don’t worry.. I’m sure subprime lending will be coming back in the future at some point too.[/quote]
Less than stellar areas are going to be helped a lot by lower gasoline prices also.
