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July 5, 2011 at 1:05 PM #708587July 5, 2011 at 3:11 PM #707409AnonymousGuest
Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
If most of the long-time holdouts have already purchased, while the move-up buyer market is nearly dead (due to most people being underwater), and new loans are typically requiring significant downpayment today (which most young or recent college grads won’t have), then who is left to pick up the slack of home buying going forward?
July 5, 2011 at 3:11 PM #707506AnonymousGuestWow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
If most of the long-time holdouts have already purchased, while the move-up buyer market is nearly dead (due to most people being underwater), and new loans are typically requiring significant downpayment today (which most young or recent college grads won’t have), then who is left to pick up the slack of home buying going forward?
July 5, 2011 at 3:11 PM #708106AnonymousGuestWow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
If most of the long-time holdouts have already purchased, while the move-up buyer market is nearly dead (due to most people being underwater), and new loans are typically requiring significant downpayment today (which most young or recent college grads won’t have), then who is left to pick up the slack of home buying going forward?
July 5, 2011 at 3:11 PM #708257AnonymousGuestWow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
If most of the long-time holdouts have already purchased, while the move-up buyer market is nearly dead (due to most people being underwater), and new loans are typically requiring significant downpayment today (which most young or recent college grads won’t have), then who is left to pick up the slack of home buying going forward?
July 5, 2011 at 3:11 PM #708622AnonymousGuestWow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
If most of the long-time holdouts have already purchased, while the move-up buyer market is nearly dead (due to most people being underwater), and new loans are typically requiring significant downpayment today (which most young or recent college grads won’t have), then who is left to pick up the slack of home buying going forward?
July 5, 2011 at 3:22 PM #707414Rich ToscanoKeymaster[quote=deadzone]Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
[/quote]How is that a contrarian sign of anything?
July 5, 2011 at 3:22 PM #707511Rich ToscanoKeymaster[quote=deadzone]Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
[/quote]How is that a contrarian sign of anything?
July 5, 2011 at 3:22 PM #708111Rich ToscanoKeymaster[quote=deadzone]Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
[/quote]How is that a contrarian sign of anything?
July 5, 2011 at 3:22 PM #708262Rich ToscanoKeymaster[quote=deadzone]Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
[/quote]How is that a contrarian sign of anything?
July 5, 2011 at 3:22 PM #708627Rich ToscanoKeymaster[quote=deadzone]Wow, I didn’t realize so many (nearly all?) of the long time Piggingtons have purchased a home.
That seems to me like a big time contrarian sign for home prices.
[/quote]How is that a contrarian sign of anything?
July 5, 2011 at 4:11 PM #707419AnonymousGuestMy belief that prices will go down (due to shrinking pool of buyers) is contrary to conventional wisdom that more people buying houses should result in higher prices.
July 5, 2011 at 4:11 PM #707516AnonymousGuestMy belief that prices will go down (due to shrinking pool of buyers) is contrary to conventional wisdom that more people buying houses should result in higher prices.
July 5, 2011 at 4:11 PM #708116AnonymousGuestMy belief that prices will go down (due to shrinking pool of buyers) is contrary to conventional wisdom that more people buying houses should result in higher prices.
July 5, 2011 at 4:11 PM #708267AnonymousGuestMy belief that prices will go down (due to shrinking pool of buyers) is contrary to conventional wisdom that more people buying houses should result in higher prices.
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