Home › Forums › Closed Forums › Buying and Selling RE › HOUSING: Feds suspend anti-flipping rule
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CA renter.
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January 16, 2010 at 1:09 PM #503526January 16, 2010 at 3:03 PM #502653
jameswenn
ParticipantIt’s also an election year, gotta get the economy pumping, even if it’s just for a little while
January 16, 2010 at 3:03 PM #502801jameswenn
ParticipantIt’s also an election year, gotta get the economy pumping, even if it’s just for a little while
January 16, 2010 at 3:03 PM #503204jameswenn
ParticipantIt’s also an election year, gotta get the economy pumping, even if it’s just for a little while
January 16, 2010 at 3:03 PM #503295jameswenn
ParticipantIt’s also an election year, gotta get the economy pumping, even if it’s just for a little while
January 16, 2010 at 3:03 PM #503545jameswenn
ParticipantIt’s also an election year, gotta get the economy pumping, even if it’s just for a little while
January 16, 2010 at 3:13 PM #502658CA renter
Participant[quote=SD Realtor]4sranch_buyer go to sdccu. They are very competitive and do not have any problems with seasoning. I believe the change is effective 2/1/10.
pr – I was not referring to you. I was making a general statement because most people are not as informed and view flippers as a cause of alot of the problems.[/quote]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.
It’s pretty well established that when dealing in markets where there is a limited/finite supply of a basic necessity, that speculation will absolutely create unhealthy volatility and potentially great losses to those who are just trying to buy out of need vs. speculation.
Yes, eventually it all evens out as the speculators have to put inventory on the market in order to make money, but it’s the time lags in a rather illiquid market (long durations to get more inventory online, high transaction costs, long marketing/escrow time, etc.) that make speculation such a problem.
January 16, 2010 at 3:13 PM #502806CA renter
Participant[quote=SD Realtor]4sranch_buyer go to sdccu. They are very competitive and do not have any problems with seasoning. I believe the change is effective 2/1/10.
pr – I was not referring to you. I was making a general statement because most people are not as informed and view flippers as a cause of alot of the problems.[/quote]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.
It’s pretty well established that when dealing in markets where there is a limited/finite supply of a basic necessity, that speculation will absolutely create unhealthy volatility and potentially great losses to those who are just trying to buy out of need vs. speculation.
Yes, eventually it all evens out as the speculators have to put inventory on the market in order to make money, but it’s the time lags in a rather illiquid market (long durations to get more inventory online, high transaction costs, long marketing/escrow time, etc.) that make speculation such a problem.
January 16, 2010 at 3:13 PM #503208CA renter
Participant[quote=SD Realtor]4sranch_buyer go to sdccu. They are very competitive and do not have any problems with seasoning. I believe the change is effective 2/1/10.
pr – I was not referring to you. I was making a general statement because most people are not as informed and view flippers as a cause of alot of the problems.[/quote]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.
It’s pretty well established that when dealing in markets where there is a limited/finite supply of a basic necessity, that speculation will absolutely create unhealthy volatility and potentially great losses to those who are just trying to buy out of need vs. speculation.
Yes, eventually it all evens out as the speculators have to put inventory on the market in order to make money, but it’s the time lags in a rather illiquid market (long durations to get more inventory online, high transaction costs, long marketing/escrow time, etc.) that make speculation such a problem.
January 16, 2010 at 3:13 PM #503300CA renter
Participant[quote=SD Realtor]4sranch_buyer go to sdccu. They are very competitive and do not have any problems with seasoning. I believe the change is effective 2/1/10.
pr – I was not referring to you. I was making a general statement because most people are not as informed and view flippers as a cause of alot of the problems.[/quote]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.
It’s pretty well established that when dealing in markets where there is a limited/finite supply of a basic necessity, that speculation will absolutely create unhealthy volatility and potentially great losses to those who are just trying to buy out of need vs. speculation.
Yes, eventually it all evens out as the speculators have to put inventory on the market in order to make money, but it’s the time lags in a rather illiquid market (long durations to get more inventory online, high transaction costs, long marketing/escrow time, etc.) that make speculation such a problem.
January 16, 2010 at 3:13 PM #503550CA renter
Participant[quote=SD Realtor]4sranch_buyer go to sdccu. They are very competitive and do not have any problems with seasoning. I believe the change is effective 2/1/10.
pr – I was not referring to you. I was making a general statement because most people are not as informed and view flippers as a cause of alot of the problems.[/quote]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.
It’s pretty well established that when dealing in markets where there is a limited/finite supply of a basic necessity, that speculation will absolutely create unhealthy volatility and potentially great losses to those who are just trying to buy out of need vs. speculation.
Yes, eventually it all evens out as the speculators have to put inventory on the market in order to make money, but it’s the time lags in a rather illiquid market (long durations to get more inventory online, high transaction costs, long marketing/escrow time, etc.) that make speculation such a problem.
January 16, 2010 at 3:19 PM #502663an
Participant[quote=CA renter]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.[/quote]
Seriously? You think flipping is the big part of the problem? Not the loose lending or the extremely low rates or the uninformed masses who are more than will to over pay?January 16, 2010 at 3:19 PM #502811an
Participant[quote=CA renter]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.[/quote]
Seriously? You think flipping is the big part of the problem? Not the loose lending or the extremely low rates or the uninformed masses who are more than will to over pay?January 16, 2010 at 3:19 PM #503213an
Participant[quote=CA renter]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.[/quote]
Seriously? You think flipping is the big part of the problem? Not the loose lending or the extremely low rates or the uninformed masses who are more than will to over pay?January 16, 2010 at 3:19 PM #503305an
Participant[quote=CA renter]
Though some of us think flipping is a big part of the problem, it doesn’t mean we’re not informed.[/quote]
Seriously? You think flipping is the big part of the problem? Not the loose lending or the extremely low rates or the uninformed masses who are more than will to over pay? -
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