Number of qualified house buyers is shrinking…

[SD Realtor]

pr I believe the spelling is shmuck.

Say it like you mean it man!!

[jpinpb]

[quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.

[jpinpb]

[quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.

[jpinpb]

[quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.

[jpinpb]

[quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.

[jpinpb]

[quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.

[patientrenter]

[quote=SD Realtor]pr I believe the spelling is shmuck.

Say it like you mean it man!![/quote]

Actually, I think it’s spelled “schmuck”, SDR. Sorry to be so pedantic, but I was a fanatical speller as a kid, and some things are hard to shake completely as an adult. However we spell the words, I think we feel about the same about the government intervention in the market for homes. It’s kinda odd, because you probably get a net personal benefit from the intervention through your job (as a RE agent), and I probably do also, through my job in financial services.

But that doesn’t compensate me for what I feel is the long term damage done to the economy, for the unfairness of rewarding irresponsibility over responsibility, and for the higher price I will have to pay for the place I live in next.

[patientrenter]

[quote=SD Realtor]pr I believe the spelling is shmuck.

Say it like you mean it man!![/quote]

Actually, I think it’s spelled “schmuck”, SDR. Sorry to be so pedantic, but I was a fanatical speller as a kid, and some things are hard to shake completely as an adult. However we spell the words, I think we feel about the same about the government intervention in the market for homes. It’s kinda odd, because you probably get a net personal benefit from the intervention through your job (as a RE agent), and I probably do also, through my job in financial services.

But that doesn’t compensate me for what I feel is the long term damage done to the economy, for the unfairness of rewarding irresponsibility over responsibility, and for the higher price I will have to pay for the place I live in next.

[patientrenter]

[quote=SD Realtor]pr I believe the spelling is shmuck.

Say it like you mean it man!![/quote]

Actually, I think it’s spelled “schmuck”, SDR. Sorry to be so pedantic, but I was a fanatical speller as a kid, and some things are hard to shake completely as an adult. However we spell the words, I think we feel about the same about the government intervention in the market for homes. It’s kinda odd, because you probably get a net personal benefit from the intervention through your job (as a RE agent), and I probably do also, through my job in financial services.

But that doesn’t compensate me for what I feel is the long term damage done to the economy, for the unfairness of rewarding irresponsibility over responsibility, and for the higher price I will have to pay for the place I live in next.

[patientrenter]

[quote=SD Realtor]pr I believe the spelling is shmuck.

Say it like you mean it man!![/quote]

Actually, I think it’s spelled “schmuck”, SDR. Sorry to be so pedantic, but I was a fanatical speller as a kid, and some things are hard to shake completely as an adult. However we spell the words, I think we feel about the same about the government intervention in the market for homes. It’s kinda odd, because you probably get a net personal benefit from the intervention through your job (as a RE agent), and I probably do also, through my job in financial services.

But that doesn’t compensate me for what I feel is the long term damage done to the economy, for the unfairness of rewarding irresponsibility over responsibility, and for the higher price I will have to pay for the place I live in next.

[patientrenter]

[quote=SD Realtor]pr I believe the spelling is shmuck.

Say it like you mean it man!![/quote]

Actually, I think it’s spelled “schmuck”, SDR. Sorry to be so pedantic, but I was a fanatical speller as a kid, and some things are hard to shake completely as an adult. However we spell the words, I think we feel about the same about the government intervention in the market for homes. It’s kinda odd, because you probably get a net personal benefit from the intervention through your job (as a RE agent), and I probably do also, through my job in financial services.

But that doesn’t compensate me for what I feel is the long term damage done to the economy, for the unfairness of rewarding irresponsibility over responsibility, and for the higher price I will have to pay for the place I live in next.

[an]

[quote=jpinpb][quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.[/quote]
Current FHA loan limit is $697,500. So it’s not that far away from $800k. With 3.5% down, you’re looking at purchase price of $722k.

[an]

[quote=jpinpb][quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.[/quote]
Current FHA loan limit is $697,500. So it’s not that far away from $800k. With 3.5% down, you’re looking at purchase price of $722k.

[an]

[quote=jpinpb][quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.[/quote]
Current FHA loan limit is $697,500. So it’s not that far away from $800k. With 3.5% down, you’re looking at purchase price of $722k.

[an]

[quote=jpinpb][quote=gn]
HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?[/quote]

Not HLS, nor pretend to be. But that is a thought nagging me. The FHA loan amount limit is what? And coincidentally, that’s what’s selling easily while the higher end languishes.

Hey, maybe they’ll raise the FHA loan limit to 800k. Never say never. These rules change at whim and get crazier by the day.[/quote]
Current FHA loan limit is $697,500. So it’s not that far away from $800k. With 3.5% down, you’re looking at purchase price of $722k.

[Author]

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