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maktbone.
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May 18, 2009 at 8:18 PM #402332May 18, 2009 at 9:02 PM #401646
DWCAP
ParticipantThe only thing that pisses me off IF it really is just flipper/invester’s and not people buying a primary residence is that it is our tax dollars holding Fannie and Freddie together so these guys can do it. I thought the point was for us to help people become homeowners, now we have a synerio where those subsidies (the fact people can get 10 TEN! loans) are prob the reason these people cant buy their primary residence right now. Total BS.
On the other hand I question these potential owners. They seem to have the idea that they should be able to log online, see a price and go out and get it just like they would a TV or table or something. It doesnt seem to dawn on them that this is a starting price. I am sure if they keep only offering on the lowest price short sales, prob at the asking prices which obviously are intended to start a bidding war, and not bidding on true home values, they are gonna stay renters. Who is there damn agent?
May 18, 2009 at 9:02 PM #401898ParticipantThe only thing that pisses me off IF it really is just flipper/invester’s and not people buying a primary residence is that it is our tax dollars holding Fannie and Freddie together so these guys can do it. I thought the point was for us to help people become homeowners, now we have a synerio where those subsidies (the fact people can get 10 TEN! loans) are prob the reason these people cant buy their primary residence right now. Total BS.
On the other hand I question these potential owners. They seem to have the idea that they should be able to log online, see a price and go out and get it just like they would a TV or table or something. It doesnt seem to dawn on them that this is a starting price. I am sure if they keep only offering on the lowest price short sales, prob at the asking prices which obviously are intended to start a bidding war, and not bidding on true home values, they are gonna stay renters. Who is there damn agent?
May 18, 2009 at 9:02 PM #402130ParticipantThe only thing that pisses me off IF it really is just flipper/invester’s and not people buying a primary residence is that it is our tax dollars holding Fannie and Freddie together so these guys can do it. I thought the point was for us to help people become homeowners, now we have a synerio where those subsidies (the fact people can get 10 TEN! loans) are prob the reason these people cant buy their primary residence right now. Total BS.
On the other hand I question these potential owners. They seem to have the idea that they should be able to log online, see a price and go out and get it just like they would a TV or table or something. It doesnt seem to dawn on them that this is a starting price. I am sure if they keep only offering on the lowest price short sales, prob at the asking prices which obviously are intended to start a bidding war, and not bidding on true home values, they are gonna stay renters. Who is there damn agent?
May 18, 2009 at 9:02 PM #402189ParticipantThe only thing that pisses me off IF it really is just flipper/invester’s and not people buying a primary residence is that it is our tax dollars holding Fannie and Freddie together so these guys can do it. I thought the point was for us to help people become homeowners, now we have a synerio where those subsidies (the fact people can get 10 TEN! loans) are prob the reason these people cant buy their primary residence right now. Total BS.
On the other hand I question these potential owners. They seem to have the idea that they should be able to log online, see a price and go out and get it just like they would a TV or table or something. It doesnt seem to dawn on them that this is a starting price. I am sure if they keep only offering on the lowest price short sales, prob at the asking prices which obviously are intended to start a bidding war, and not bidding on true home values, they are gonna stay renters. Who is there damn agent?
May 18, 2009 at 9:02 PM #402337ParticipantThe only thing that pisses me off IF it really is just flipper/invester’s and not people buying a primary residence is that it is our tax dollars holding Fannie and Freddie together so these guys can do it. I thought the point was for us to help people become homeowners, now we have a synerio where those subsidies (the fact people can get 10 TEN! loans) are prob the reason these people cant buy their primary residence right now. Total BS.
On the other hand I question these potential owners. They seem to have the idea that they should be able to log online, see a price and go out and get it just like they would a TV or table or something. It doesnt seem to dawn on them that this is a starting price. I am sure if they keep only offering on the lowest price short sales, prob at the asking prices which obviously are intended to start a bidding war, and not bidding on true home values, they are gonna stay renters. Who is there damn agent?
May 18, 2009 at 9:17 PM #401651peterb
ParticipantIf this thing keeps going in this direction, everyone on this board will get their wish. I remember in 1996 when almost no one wanted to buy a house and that was nothing compared to what this recession is shaping up to be. I wonder how the RE landscape will look in 2013? How many people will be chomping at the bit to buy a house when they’ve been constantly grinding down in value for the next 4 years??
Here’s a little forecast from the FRB:
http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdfMay 18, 2009 at 9:17 PM #401903ParticipantIf this thing keeps going in this direction, everyone on this board will get their wish. I remember in 1996 when almost no one wanted to buy a house and that was nothing compared to what this recession is shaping up to be. I wonder how the RE landscape will look in 2013? How many people will be chomping at the bit to buy a house when they’ve been constantly grinding down in value for the next 4 years??
Here’s a little forecast from the FRB:
http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdfMay 18, 2009 at 9:17 PM #402135ParticipantIf this thing keeps going in this direction, everyone on this board will get their wish. I remember in 1996 when almost no one wanted to buy a house and that was nothing compared to what this recession is shaping up to be. I wonder how the RE landscape will look in 2013? How many people will be chomping at the bit to buy a house when they’ve been constantly grinding down in value for the next 4 years??
Here’s a little forecast from the FRB:
http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdfMay 18, 2009 at 9:17 PM #402194ParticipantIf this thing keeps going in this direction, everyone on this board will get their wish. I remember in 1996 when almost no one wanted to buy a house and that was nothing compared to what this recession is shaping up to be. I wonder how the RE landscape will look in 2013? How many people will be chomping at the bit to buy a house when they’ve been constantly grinding down in value for the next 4 years??
Here’s a little forecast from the FRB:
http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdfMay 18, 2009 at 9:17 PM #402342ParticipantIf this thing keeps going in this direction, everyone on this board will get their wish. I remember in 1996 when almost no one wanted to buy a house and that was nothing compared to what this recession is shaping up to be. I wonder how the RE landscape will look in 2013? How many people will be chomping at the bit to buy a house when they’ve been constantly grinding down in value for the next 4 years??
Here’s a little forecast from the FRB:
http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdfMay 18, 2009 at 9:21 PM #401656carlsbadworker
Participant2013 is optimistic, given the way that government is delaying the price decline. I plan to be a real estate investor in 2016.
May 18, 2009 at 9:21 PM #401908Participant2013 is optimistic, given the way that government is delaying the price decline. I plan to be a real estate investor in 2016.
May 18, 2009 at 9:21 PM #402140Participant2013 is optimistic, given the way that government is delaying the price decline. I plan to be a real estate investor in 2016.
May 18, 2009 at 9:21 PM #402199Participant2013 is optimistic, given the way that government is delaying the price decline. I plan to be a real estate investor in 2016.
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