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safigueroa12.
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January 2, 2008 at 11:45 AM #11382January 2, 2008 at 1:22 PM #127729
paramount
ParticipantI heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.
January 2, 2008 at 1:22 PM #127894ParticipantI heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.
January 2, 2008 at 1:22 PM #127902ParticipantI heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.
January 2, 2008 at 1:22 PM #127970ParticipantI heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.
January 2, 2008 at 1:22 PM #127996ParticipantI heard on Headline News today that S&P suggests that the housing downturn will end in October 2008.
January 2, 2008 at 1:29 PM #127734Ex-SD
ParticipantThe downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.
January 2, 2008 at 1:29 PM #127898ParticipantThe downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.
January 2, 2008 at 1:29 PM #127907ParticipantThe downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.
January 2, 2008 at 1:29 PM #127975ParticipantThe downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.
January 2, 2008 at 1:29 PM #128001ParticipantThe downturn in housing MAY end for non-bubble markets in 2009 but when it comes to bubble markets like SoCal……………look to 2012…………..and then look for four to six years of stagnant prices.
January 2, 2008 at 1:44 PM #127754Fearful
ParticipantSorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.
Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.
All that must be repaid, and all must be readjusted. The process will take a very long time.
January 2, 2008 at 1:44 PM #127919ParticipantSorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.
Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.
All that must be repaid, and all must be readjusted. The process will take a very long time.
January 2, 2008 at 1:44 PM #127928ParticipantSorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.
Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.
All that must be repaid, and all must be readjusted. The process will take a very long time.
January 2, 2008 at 1:44 PM #127995ParticipantSorry bro, this thing is a long, long way from being over. We’re maybe in the second inning. No one really knows, and no one wants to come out and say how long it is going to be bad for, because no one wants to be guilty of creating a bad reality.
Not only is there massive excess inventory, people bought houses they cannot afford. And to top it off, people borrowed money against houses they could not afford, and went out and spent that money on Porsches and granite countertops and subzero fridges. The money is gone, all gone. Not quite true, of course; some people invested their refi and sale cash. But plenty of it went to fueling GDP growth – remember the endless marveling about the indefatigable U.S. consumer? That money came from somewhere: debt.
All that must be repaid, and all must be readjusted. The process will take a very long time.
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