- This topic has 35 replies, 8 voices, and was last updated 16 years, 10 months ago by Fearful.
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December 31, 2007 at 8:35 AM #126965December 31, 2007 at 9:23 AM #127009kev374Participant
Don’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.
Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!
December 31, 2007 at 9:23 AM #126985kev374ParticipantDon’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.
Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!
December 31, 2007 at 9:23 AM #126908kev374ParticipantDon’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.
Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!
December 31, 2007 at 9:23 AM #126748kev374ParticipantDon’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.
Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!
December 31, 2007 at 9:23 AM #126916kev374ParticipantDon’t need to wait for the absolute bottom of this thing because the rate of decline is not uniform throughout the period.. maximum declines will take place 2008 and 2009, after that the rate of decline will drop drastically and taper out. My guess 2009 Q4 will be the optimum time to start shopping. That is 2 yrs from now, not too bad to prep up because the I’m thinking the losses would have been so great that the lending standards are going to be NO BS at that time.
Unless of course Uncle Ben starts running the printing presses again and inflates the currency but then purchasing a home is going to be the least of our problems!!!
January 1, 2008 at 5:44 AM #127132bob007ParticipantDecline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.
January 1, 2008 at 5:44 AM #127292bob007ParticipantDecline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.
January 1, 2008 at 5:44 AM #127302bob007ParticipantDecline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.
January 1, 2008 at 5:44 AM #127370bob007ParticipantDecline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.
January 1, 2008 at 5:44 AM #127394bob007ParticipantDecline will vary from place to place. I see homes in Riverside County for 300k. These homes were 225k in 2002.
January 1, 2008 at 6:45 PM #127421wawawaParticipantChris Thornburg also sees bottom in 2012.
January 1, 2008 at 6:45 PM #127583wawawaParticipantChris Thornburg also sees bottom in 2012.
January 1, 2008 at 6:45 PM #127592wawawaParticipantChris Thornburg also sees bottom in 2012.
January 1, 2008 at 6:45 PM #127685wawawaParticipantChris Thornburg also sees bottom in 2012.
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