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Fearful.
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September 12, 2008 at 9:35 AM #13809September 12, 2008 at 9:53 AM #269336
LA_Renter
ParticipantCalculated Risk covered this topic
http://calculatedrisk.blogspot.com/2008/09/mortgage-defaults-spike-in-inland.html
This is not exactly good news to those people who jumped in and bought foreclosures here, this points to more price depreciation. This could also signal the next wave of foreclosures throughout all of S. Cal many have been predicting. All in all this is not a good sign.
September 12, 2008 at 9:53 AM #269568ParticipantCalculated Risk covered this topic
http://calculatedrisk.blogspot.com/2008/09/mortgage-defaults-spike-in-inland.html
This is not exactly good news to those people who jumped in and bought foreclosures here, this points to more price depreciation. This could also signal the next wave of foreclosures throughout all of S. Cal many have been predicting. All in all this is not a good sign.
September 12, 2008 at 9:53 AM #269575ParticipantCalculated Risk covered this topic
http://calculatedrisk.blogspot.com/2008/09/mortgage-defaults-spike-in-inland.html
This is not exactly good news to those people who jumped in and bought foreclosures here, this points to more price depreciation. This could also signal the next wave of foreclosures throughout all of S. Cal many have been predicting. All in all this is not a good sign.
September 12, 2008 at 9:53 AM #269622ParticipantCalculated Risk covered this topic
http://calculatedrisk.blogspot.com/2008/09/mortgage-defaults-spike-in-inland.html
This is not exactly good news to those people who jumped in and bought foreclosures here, this points to more price depreciation. This could also signal the next wave of foreclosures throughout all of S. Cal many have been predicting. All in all this is not a good sign.
September 12, 2008 at 9:53 AM #269649ParticipantCalculated Risk covered this topic
http://calculatedrisk.blogspot.com/2008/09/mortgage-defaults-spike-in-inland.html
This is not exactly good news to those people who jumped in and bought foreclosures here, this points to more price depreciation. This could also signal the next wave of foreclosures throughout all of S. Cal many have been predicting. All in all this is not a good sign.
September 12, 2008 at 9:57 AM #269346Fearful
ParticipantNo doubt the Inland Empire defaults are horrible news. However, I am puzzled why SD county did not follow.
September 12, 2008 at 9:57 AM #269578ParticipantNo doubt the Inland Empire defaults are horrible news. However, I am puzzled why SD county did not follow.
September 12, 2008 at 9:57 AM #269585ParticipantNo doubt the Inland Empire defaults are horrible news. However, I am puzzled why SD county did not follow.
September 12, 2008 at 9:57 AM #269632ParticipantNo doubt the Inland Empire defaults are horrible news. However, I am puzzled why SD county did not follow.
September 12, 2008 at 9:57 AM #269659ParticipantNo doubt the Inland Empire defaults are horrible news. However, I am puzzled why SD county did not follow.
September 12, 2008 at 10:21 AM #269317peterb
ParticipantNo trend moves in a straight line.
Check out the numbers for 1990 through 1997.
A global recession is at hand now. Look for unemployment to rise through 2009. Bank failures to increase. By Dec 31, most public companies will be forced to report their bad news of the last quarter and thus slam the markets down. Alt A and Prime mortgages NOD’s are really starting to take-off now.
When was the last time we had a bull market in all asset classes, like we had from 2003 to 2006?
Looks a lot like a K-Wave Winter is coming.The next leg down in RE is coming up.
September 12, 2008 at 10:21 AM #269548ParticipantNo trend moves in a straight line.
Check out the numbers for 1990 through 1997.
A global recession is at hand now. Look for unemployment to rise through 2009. Bank failures to increase. By Dec 31, most public companies will be forced to report their bad news of the last quarter and thus slam the markets down. Alt A and Prime mortgages NOD’s are really starting to take-off now.
When was the last time we had a bull market in all asset classes, like we had from 2003 to 2006?
Looks a lot like a K-Wave Winter is coming.The next leg down in RE is coming up.
September 12, 2008 at 10:21 AM #269555ParticipantNo trend moves in a straight line.
Check out the numbers for 1990 through 1997.
A global recession is at hand now. Look for unemployment to rise through 2009. Bank failures to increase. By Dec 31, most public companies will be forced to report their bad news of the last quarter and thus slam the markets down. Alt A and Prime mortgages NOD’s are really starting to take-off now.
When was the last time we had a bull market in all asset classes, like we had from 2003 to 2006?
Looks a lot like a K-Wave Winter is coming.The next leg down in RE is coming up.
September 12, 2008 at 10:21 AM #269603ParticipantNo trend moves in a straight line.
Check out the numbers for 1990 through 1997.
A global recession is at hand now. Look for unemployment to rise through 2009. Bank failures to increase. By Dec 31, most public companies will be forced to report their bad news of the last quarter and thus slam the markets down. Alt A and Prime mortgages NOD’s are really starting to take-off now.
When was the last time we had a bull market in all asset classes, like we had from 2003 to 2006?
Looks a lot like a K-Wave Winter is coming.The next leg down in RE is coming up.
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