Inventory

[sdrealtor]

The funny thing is that It isnt different this time it is different every time. Things play out differently every time. Some times the results are the same sometimes they arent but truth be told, its different everytime.

[davelj]

Or, put another way, “history doesn’t repeat but it rhymes.”

[davelj]

Or, put another way, “history doesn’t repeat but it rhymes.”

[davelj]

Or, put another way, “history doesn’t repeat but it rhymes.”

[davelj]

Or, put another way, “history doesn’t repeat but it rhymes.”

[davelj]

Or, put another way, “history doesn’t repeat but it rhymes.”

[mwtosd]

[quote=macromaniac]Realtors,

Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……

no job + no income = no loan mod = more foreclosures

Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….

But I know it’s a great time to buy because prices are down 35%.

[/quote]

I am really surprised not many have commented (1 or 2) on this quote from macromaniac. prices will still come down dramatically because of the unemployment increasing fairly significantly. With so many people underwater, this will really make it impossible to continue to pay the mortgage.

[mwtosd]

[quote=macromaniac]Realtors,

Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……

no job + no income = no loan mod = more foreclosures

Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….

But I know it’s a great time to buy because prices are down 35%.

[/quote]

I am really surprised not many have commented (1 or 2) on this quote from macromaniac. prices will still come down dramatically because of the unemployment increasing fairly significantly. With so many people underwater, this will really make it impossible to continue to pay the mortgage.

[mwtosd]

[quote=macromaniac]Realtors,

Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……

no job + no income = no loan mod = more foreclosures

Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….

But I know it’s a great time to buy because prices are down 35%.

[/quote]

I am really surprised not many have commented (1 or 2) on this quote from macromaniac. prices will still come down dramatically because of the unemployment increasing fairly significantly. With so many people underwater, this will really make it impossible to continue to pay the mortgage.

[mwtosd]

[quote=macromaniac]Realtors,

Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……

no job + no income = no loan mod = more foreclosures

Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….

But I know it’s a great time to buy because prices are down 35%.

[/quote]

I am really surprised not many have commented (1 or 2) on this quote from macromaniac. prices will still come down dramatically because of the unemployment increasing fairly significantly. With so many people underwater, this will really make it impossible to continue to pay the mortgage.

[mwtosd]

[quote=macromaniac]Realtors,

Yea, it’s different this time..here is how..the drop in median price we have seen to date has very little to do with unemployment thus far….but you wait till that effect comes through the pipeline here in the next 6 to 9 months……

no job + no income = no loan mod = more foreclosures

Yea…It’s different this time…it’s going to be a hell of a lot worse and longer….

But I know it’s a great time to buy because prices are down 35%.

[/quote]

I am really surprised not many have commented (1 or 2) on this quote from macromaniac. prices will still come down dramatically because of the unemployment increasing fairly significantly. With so many people underwater, this will really make it impossible to continue to pay the mortgage.

[jpinpb]

As I posted on the “Jobless claims” thread:

The more people who are out of work for an extended time, the higher the chance they will be forced to foreclose on their homes. That’s especially true if the value of their largest investment, their home, has dropped below what they have borrowed to live in it.

Edit: I remember the OPP guy’s name is Ken Cornell.

[jpinpb]

As I posted on the “Jobless claims” thread:

The more people who are out of work for an extended time, the higher the chance they will be forced to foreclose on their homes. That’s especially true if the value of their largest investment, their home, has dropped below what they have borrowed to live in it.

Edit: I remember the OPP guy’s name is Ken Cornell.

[jpinpb]

As I posted on the “Jobless claims” thread:

The more people who are out of work for an extended time, the higher the chance they will be forced to foreclose on their homes. That’s especially true if the value of their largest investment, their home, has dropped below what they have borrowed to live in it.

Edit: I remember the OPP guy’s name is Ken Cornell.

[jpinpb]

As I posted on the “Jobless claims” thread:

The more people who are out of work for an extended time, the higher the chance they will be forced to foreclose on their homes. That’s especially true if the value of their largest investment, their home, has dropped below what they have borrowed to live in it.

Edit: I remember the OPP guy’s name is Ken Cornell.

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