On Topic – We hit bottom

[nostradamus]

[quote=surveyor]interest

Honestly this is the most interesting election that has ever occurred in the U.S. If you’re not interested by it, there is something seriously wrong with you. It’s no surprise the interest is spilling over to improbable places.
[/quote]
Excellent point. Boredom and apathy with our elections is exactly what gets us into these messes. Pay attention, think about it, talk about it, blog about it. There are only about 2 more months to go.

[mercedes7]

On topic…we aren’t even close to the bottom. Pending home sales dropped 3.2% in July which frankly surprised me. I thought we would see a small rise given the peak buying season and the fact that there are a lot of people out there hoping to catch the “bottom”, renters tired of renting etc.. Inventory is still way too high and more will be added this fall as sales slow and another round of forclosures reach the market. Add that to a slowing economy, increasing unemployment, the beginning of the option arms/Alt A loan resets and I think we have years to wait for the absolute bottom. It’s going to get worse.

[mercedes7]

On topic…we aren’t even close to the bottom. Pending home sales dropped 3.2% in July which frankly surprised me. I thought we would see a small rise given the peak buying season and the fact that there are a lot of people out there hoping to catch the “bottom”, renters tired of renting etc.. Inventory is still way too high and more will be added this fall as sales slow and another round of forclosures reach the market. Add that to a slowing economy, increasing unemployment, the beginning of the option arms/Alt A loan resets and I think we have years to wait for the absolute bottom. It’s going to get worse.

[mercedes7]

On topic…we aren’t even close to the bottom. Pending home sales dropped 3.2% in July which frankly surprised me. I thought we would see a small rise given the peak buying season and the fact that there are a lot of people out there hoping to catch the “bottom”, renters tired of renting etc.. Inventory is still way too high and more will be added this fall as sales slow and another round of forclosures reach the market. Add that to a slowing economy, increasing unemployment, the beginning of the option arms/Alt A loan resets and I think we have years to wait for the absolute bottom. It’s going to get worse.

[mercedes7]

On topic…we aren’t even close to the bottom. Pending home sales dropped 3.2% in July which frankly surprised me. I thought we would see a small rise given the peak buying season and the fact that there are a lot of people out there hoping to catch the “bottom”, renters tired of renting etc.. Inventory is still way too high and more will be added this fall as sales slow and another round of forclosures reach the market. Add that to a slowing economy, increasing unemployment, the beginning of the option arms/Alt A loan resets and I think we have years to wait for the absolute bottom. It’s going to get worse.

[mercedes7]

On topic…we aren’t even close to the bottom. Pending home sales dropped 3.2% in July which frankly surprised me. I thought we would see a small rise given the peak buying season and the fact that there are a lot of people out there hoping to catch the “bottom”, renters tired of renting etc.. Inventory is still way too high and more will be added this fall as sales slow and another round of forclosures reach the market. Add that to a slowing economy, increasing unemployment, the beginning of the option arms/Alt A loan resets and I think we have years to wait for the absolute bottom. It’s going to get worse.

[peterb]

A bottom now…hahahaha
You aint seen nothin yet!! What’s coming down the pike is gonna set everyone straight about how bad things really are here.
Wait until December 31, and then tell me about the “bottom”.

[peterb]

A bottom now…hahahaha
You aint seen nothin yet!! What’s coming down the pike is gonna set everyone straight about how bad things really are here.
Wait until December 31, and then tell me about the “bottom”.

[peterb]

A bottom now…hahahaha
You aint seen nothin yet!! What’s coming down the pike is gonna set everyone straight about how bad things really are here.
Wait until December 31, and then tell me about the “bottom”.

[peterb]

A bottom now…hahahaha
You aint seen nothin yet!! What’s coming down the pike is gonna set everyone straight about how bad things really are here.
Wait until December 31, and then tell me about the “bottom”.

[peterb]

A bottom now…hahahaha
You aint seen nothin yet!! What’s coming down the pike is gonna set everyone straight about how bad things really are here.
Wait until December 31, and then tell me about the “bottom”.

[DWCAP]

josh, couldnt agree more on the economic stuff. the real action in RE at this point is in the finance side, not the bubble observing side.
But the OP has a point still.

[DWCAP]

josh, couldnt agree more on the economic stuff. the real action in RE at this point is in the finance side, not the bubble observing side.
But the OP has a point still.

[DWCAP]

josh, couldnt agree more on the economic stuff. the real action in RE at this point is in the finance side, not the bubble observing side.
But the OP has a point still.

[DWCAP]

josh, couldnt agree more on the economic stuff. the real action in RE at this point is in the finance side, not the bubble observing side.
But the OP has a point still.

[Author]

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