Parallel price drops across high to low end tiers?

[CUD]

Signs of more trouble ahead for housing market

Such as from the article above, I’m hearing about the next wave of foreclosures (Alt-A and Option ARM) sourced from PRIME borrowers. Supposedly, these foreclosures would affect the upper priced tier, which didn’t drop as much as the lower-priced tier already has.

If this all does come to pass, would one expect the lower priced tier to drop more, if the upper tier were to come down? My family is seeing a lot of the $400k and below stuff getting eaten up really quickly here in RB/Poway. I’m not sure I would understand why the lower tier would come down more if people are having bidding wars with our current low-end inventory (though limited).

I dont profess to understand this, but am curious what everyone’s thoughts are.

[5yearwaiter]

This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……

[5yearwaiter]

This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……

[5yearwaiter]

This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……

[5yearwaiter]

This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……

[5yearwaiter]

This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……

[SandraL]

Case for the lower end staying about where it is now: the low end is selling, which means that there are willing buyers at this price. This would lead one to figure that the market has said “yes” to this price point. As long as there are first time buyers who qualify and say “yes” to this price level, it will likely stick or raise. The jump from a $200k home to a $400k home is too steep for a first time buyer, so it makes sense that the low end has achieved price discovery.

That’s my opinion, I could be wrong.

[SandraL]

Case for the lower end staying about where it is now: the low end is selling, which means that there are willing buyers at this price. This would lead one to figure that the market has said “yes” to this price point. As long as there are first time buyers who qualify and say “yes” to this price level, it will likely stick or raise. The jump from a $200k home to a $400k home is too steep for a first time buyer, so it makes sense that the low end has achieved price discovery.

That’s my opinion, I could be wrong.

[SandraL]

Case for the lower end staying about where it is now: the low end is selling, which means that there are willing buyers at this price. This would lead one to figure that the market has said “yes” to this price point. As long as there are first time buyers who qualify and say “yes” to this price level, it will likely stick or raise. The jump from a $200k home to a $400k home is too steep for a first time buyer, so it makes sense that the low end has achieved price discovery.

That’s my opinion, I could be wrong.

[SandraL]

Case for the lower end staying about where it is now: the low end is selling, which means that there are willing buyers at this price. This would lead one to figure that the market has said “yes” to this price point. As long as there are first time buyers who qualify and say “yes” to this price level, it will likely stick or raise. The jump from a $200k home to a $400k home is too steep for a first time buyer, so it makes sense that the low end has achieved price discovery.

That’s my opinion, I could be wrong.

[SandraL]

Case for the lower end staying about where it is now: the low end is selling, which means that there are willing buyers at this price. This would lead one to figure that the market has said “yes” to this price point. As long as there are first time buyers who qualify and say “yes” to this price level, it will likely stick or raise. The jump from a $200k home to a $400k home is too steep for a first time buyer, so it makes sense that the low end has achieved price discovery.

That’s my opinion, I could be wrong.

[patientrenter]

What happens at either end depends entirely on how much money the govt pumps in. Right now, trillions are being pumped into the low end. Will that be extended to the high end? Maybe. Will it be withdrawn from the low end? Fat chance.

[patientrenter]

What happens at either end depends entirely on how much money the govt pumps in. Right now, trillions are being pumped into the low end. Will that be extended to the high end? Maybe. Will it be withdrawn from the low end? Fat chance.

[patientrenter]

What happens at either end depends entirely on how much money the govt pumps in. Right now, trillions are being pumped into the low end. Will that be extended to the high end? Maybe. Will it be withdrawn from the low end? Fat chance.

[patientrenter]

What happens at either end depends entirely on how much money the govt pumps in. Right now, trillions are being pumped into the low end. Will that be extended to the high end? Maybe. Will it be withdrawn from the low end? Fat chance.

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