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December 13, 2010 at 1:47 PM #639846December 13, 2010 at 1:52 PM #638747
briansd1
Guest[quote=deadzone]No crap, if you pay attention to the ARM reset charts it has been obvious for a few years now that there is no chance for a real housing bottom until at least 2012. The bulk of the ARM resets occur in 2011 and 2012. So regardless of interest rates and other factors, there is no chance for a real recovery to begin until those ARMs (aka foreclosures) are out of the system.[/quote]
Yeah, deadzone. The resets are what we need to watch — not necessarily interest rate resets, but resets to include principal paydown.
An aquaintaince of mine is about to walk on her house because her interest-only loan resets next year. Back then she was so sure that buying was the right thing.
December 13, 2010 at 1:52 PM #638818briansd1
Guest[quote=deadzone]No crap, if you pay attention to the ARM reset charts it has been obvious for a few years now that there is no chance for a real housing bottom until at least 2012. The bulk of the ARM resets occur in 2011 and 2012. So regardless of interest rates and other factors, there is no chance for a real recovery to begin until those ARMs (aka foreclosures) are out of the system.[/quote]
Yeah, deadzone. The resets are what we need to watch — not necessarily interest rate resets, but resets to include principal paydown.
An aquaintaince of mine is about to walk on her house because her interest-only loan resets next year. Back then she was so sure that buying was the right thing.
December 13, 2010 at 1:52 PM #639401briansd1
Guest[quote=deadzone]No crap, if you pay attention to the ARM reset charts it has been obvious for a few years now that there is no chance for a real housing bottom until at least 2012. The bulk of the ARM resets occur in 2011 and 2012. So regardless of interest rates and other factors, there is no chance for a real recovery to begin until those ARMs (aka foreclosures) are out of the system.[/quote]
Yeah, deadzone. The resets are what we need to watch — not necessarily interest rate resets, but resets to include principal paydown.
An aquaintaince of mine is about to walk on her house because her interest-only loan resets next year. Back then she was so sure that buying was the right thing.
December 13, 2010 at 1:52 PM #639534briansd1
Guest[quote=deadzone]No crap, if you pay attention to the ARM reset charts it has been obvious for a few years now that there is no chance for a real housing bottom until at least 2012. The bulk of the ARM resets occur in 2011 and 2012. So regardless of interest rates and other factors, there is no chance for a real recovery to begin until those ARMs (aka foreclosures) are out of the system.[/quote]
Yeah, deadzone. The resets are what we need to watch — not necessarily interest rate resets, but resets to include principal paydown.
An aquaintaince of mine is about to walk on her house because her interest-only loan resets next year. Back then she was so sure that buying was the right thing.
December 13, 2010 at 1:52 PM #639851briansd1
Guest[quote=deadzone]No crap, if you pay attention to the ARM reset charts it has been obvious for a few years now that there is no chance for a real housing bottom until at least 2012. The bulk of the ARM resets occur in 2011 and 2012. So regardless of interest rates and other factors, there is no chance for a real recovery to begin until those ARMs (aka foreclosures) are out of the system.[/quote]
Yeah, deadzone. The resets are what we need to watch — not necessarily interest rate resets, but resets to include principal paydown.
An aquaintaince of mine is about to walk on her house because her interest-only loan resets next year. Back then she was so sure that buying was the right thing.
December 13, 2010 at 2:12 PM #638752scaredyclassic
ParticipantI personally am going to hit rock bottom in 2016. Then according to most research I should begin to cheer up as middle age passes and I become old.
December 13, 2010 at 2:12 PM #638823scaredyclassic
ParticipantI personally am going to hit rock bottom in 2016. Then according to most research I should begin to cheer up as middle age passes and I become old.
December 13, 2010 at 2:12 PM #639406scaredyclassic
ParticipantI personally am going to hit rock bottom in 2016. Then according to most research I should begin to cheer up as middle age passes and I become old.
December 13, 2010 at 2:12 PM #639539scaredyclassic
ParticipantI personally am going to hit rock bottom in 2016. Then according to most research I should begin to cheer up as middle age passes and I become old.
December 13, 2010 at 2:12 PM #639856scaredyclassic
ParticipantI personally am going to hit rock bottom in 2016. Then according to most research I should begin to cheer up as middle age passes and I become old.
December 13, 2010 at 2:17 PM #638757carlsbadworker
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
December 13, 2010 at 2:17 PM #638828carlsbadworker
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
December 13, 2010 at 2:17 PM #639411carlsbadworker
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
December 13, 2010 at 2:17 PM #639544carlsbadworker
Participant[quote=briansd1]…a new flood of foreclosures and short sales hit the market.[/quote]
Really? My patience is running out.
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