Case of Case Shiller calls the bottom

[surveyor]

chart

[img_assist|nid=7562|title=Housing starts|desc=|link=node|align=left|width=466|height=247]

I believe the chart in question is here. And there seem to be a lot of “V”‘s there.

Oh, by the way, I’ve been seeing a more buying activity on the larger scale. Some large investment groups buying up almost finished projects in Riverside County for good discounts. A lot of salivating and $$ signs in eyes by a few people. I know of at least two purchases and they are looking for more.

[gdcox]

Presumably, if expressed as starts/ population or starts /housing stock, the current position would look even lower .

[gdcox]

Presumably, if expressed as starts/ population or starts /housing stock, the current position would look even lower .

[gdcox]

Presumably, if expressed as starts/ population or starts /housing stock, the current position would look even lower .

[gdcox]

Presumably, if expressed as starts/ population or starts /housing stock, the current position would look even lower .

[gdcox]

Presumably, if expressed as starts/ population or starts /housing stock, the current position would look even lower .

[feraina]

Where is the hint for “bottom” on this chart? It could turn back up soon, but so far no sign yet.

[feraina]

Where is the hint for “bottom” on this chart? It could turn back up soon, but so far no sign yet.

[feraina]

Where is the hint for “bottom” on this chart? It could turn back up soon, but so far no sign yet.

[feraina]

Where is the hint for “bottom” on this chart? It could turn back up soon, but so far no sign yet.

[feraina]

Where is the hint for “bottom” on this chart? It could turn back up soon, but so far no sign yet.

[jpinpb]

That’s what I would like to know. What’s the impetus? What’s going to make people run to buy real estate? People can’t even qualify to buy right now. Besides good credit and 20% you have to prove you can make the payments. The bottom – maybe – in real distressed areas.

Also, interest rates will eventually have to go up. If they do, who will qualify to buy all these homes if prices don’t further decline? You already have to have great credit, 20% down, prove you can make payments. When – I don’t mean if – rates rise, either prices will have to come down or that will be the nail in the coffin.

Also, are we excluding that in a few years we will begin to see the baby boomer inventory start to trickle in?

As per patrick.net:

“Baby boomers retiring. There are 77 million Americans born between 1946-1964. One-third have zero retirement savings. The oldest are 62. The only money they have is equity in a house, so they must sell. “

[jpinpb]

That’s what I would like to know. What’s the impetus? What’s going to make people run to buy real estate? People can’t even qualify to buy right now. Besides good credit and 20% you have to prove you can make the payments. The bottom – maybe – in real distressed areas.

Also, interest rates will eventually have to go up. If they do, who will qualify to buy all these homes if prices don’t further decline? You already have to have great credit, 20% down, prove you can make payments. When – I don’t mean if – rates rise, either prices will have to come down or that will be the nail in the coffin.

Also, are we excluding that in a few years we will begin to see the baby boomer inventory start to trickle in?

As per patrick.net:

“Baby boomers retiring. There are 77 million Americans born between 1946-1964. One-third have zero retirement savings. The oldest are 62. The only money they have is equity in a house, so they must sell. “

[jpinpb]

That’s what I would like to know. What’s the impetus? What’s going to make people run to buy real estate? People can’t even qualify to buy right now. Besides good credit and 20% you have to prove you can make the payments. The bottom – maybe – in real distressed areas.

Also, interest rates will eventually have to go up. If they do, who will qualify to buy all these homes if prices don’t further decline? You already have to have great credit, 20% down, prove you can make payments. When – I don’t mean if – rates rise, either prices will have to come down or that will be the nail in the coffin.

Also, are we excluding that in a few years we will begin to see the baby boomer inventory start to trickle in?

As per patrick.net:

“Baby boomers retiring. There are 77 million Americans born between 1946-1964. One-third have zero retirement savings. The oldest are 62. The only money they have is equity in a house, so they must sell. “

[jpinpb]

That’s what I would like to know. What’s the impetus? What’s going to make people run to buy real estate? People can’t even qualify to buy right now. Besides good credit and 20% you have to prove you can make the payments. The bottom – maybe – in real distressed areas.

Also, interest rates will eventually have to go up. If they do, who will qualify to buy all these homes if prices don’t further decline? You already have to have great credit, 20% down, prove you can make payments. When – I don’t mean if – rates rise, either prices will have to come down or that will be the nail in the coffin.

Also, are we excluding that in a few years we will begin to see the baby boomer inventory start to trickle in?

As per patrick.net:

“Baby boomers retiring. There are 77 million Americans born between 1946-1964. One-third have zero retirement savings. The oldest are 62. The only money they have is equity in a house, so they must sell. “

[Author]

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