Deadzone says anyone who buys right now is stupid. The macroeconmics are horrible and how can anyone possibly buy. Everyone has ZERO down Option ARM’s that are set to explode. It is foolish to think otherwise’
sdr says there is still risk in the market but it is possible to find a great house and buy with protection from potential downside. The macroeconomics can very very disconnected from micro economics and micro markets. The thought that everyone has toxic loans that are set to explode is way overblown. There is still risk out there but with hard work, patience and good help all or most of that risk can be mitigated.
