Trickledown Tarp money at work

[jpinpb]

Not to thread hijack, but since this method seems to facilitate what to do w/all these defaults, indirectly related, here’s another attempt at resolving the problem:
Lennar acquired loans at 40% discount.

[CDMA ENG]

Thats very sweet of them…

So with all this easing of housing prices coming in the near future doesn’t this start a vicious self feeding trend? Shadow inventory moves onto the MLS (in bunches)… prices decrease… Now that 20% of underwater home owners moves to 25% or 30% and thus those people to will be forced in a decision process. At some point there can’t not be any further “market compresion” of people that will enter the decision cylce because there will be a break even point.

But has anyone made a precdiction on how many more people will enter the decision process once these currently distressed owners are out?

CE

[CDMA ENG]

Thats very sweet of them…

So with all this easing of housing prices coming in the near future doesn’t this start a vicious self feeding trend? Shadow inventory moves onto the MLS (in bunches)… prices decrease… Now that 20% of underwater home owners moves to 25% or 30% and thus those people to will be forced in a decision process. At some point there can’t not be any further “market compresion” of people that will enter the decision cylce because there will be a break even point.

But has anyone made a precdiction on how many more people will enter the decision process once these currently distressed owners are out?

CE

[CDMA ENG]

Thats very sweet of them…

So with all this easing of housing prices coming in the near future doesn’t this start a vicious self feeding trend? Shadow inventory moves onto the MLS (in bunches)… prices decrease… Now that 20% of underwater home owners moves to 25% or 30% and thus those people to will be forced in a decision process. At some point there can’t not be any further “market compresion” of people that will enter the decision cylce because there will be a break even point.

But has anyone made a precdiction on how many more people will enter the decision process once these currently distressed owners are out?

CE

[CDMA ENG]

Thats very sweet of them…

So with all this easing of housing prices coming in the near future doesn’t this start a vicious self feeding trend? Shadow inventory moves onto the MLS (in bunches)… prices decrease… Now that 20% of underwater home owners moves to 25% or 30% and thus those people to will be forced in a decision process. At some point there can’t not be any further “market compresion” of people that will enter the decision cylce because there will be a break even point.

But has anyone made a precdiction on how many more people will enter the decision process once these currently distressed owners are out?

CE

[CDMA ENG]

Thats very sweet of them…

So with all this easing of housing prices coming in the near future doesn’t this start a vicious self feeding trend? Shadow inventory moves onto the MLS (in bunches)… prices decrease… Now that 20% of underwater home owners moves to 25% or 30% and thus those people to will be forced in a decision process. At some point there can’t not be any further “market compresion” of people that will enter the decision cylce because there will be a break even point.

But has anyone made a precdiction on how many more people will enter the decision process once these currently distressed owners are out?

CE

[Nor-LA-SD-guy]

This is for the TV Crew,

For Temecula Valley I can’t imagine there is much left that’s in “the to be foreclosure pipe”
Now if you were thinking of heading a little south to SD or OC there maybe a lot of “foreclosure to be” in the Pipe yet. (just look around, how many homes have been turned in the last two years in TV maybe 30%, the number is staggering if you think about it a few).

But I also can’t shake this feeling/vibe I keep getting lately that the economy is about to take a double dip that will not be pretty to watch (or worse be part of the show). So I guess we need to wait and see

[Nor-LA-SD-guy]

This is for the TV Crew,

For Temecula Valley I can’t imagine there is much left that’s in “the to be foreclosure pipe”
Now if you were thinking of heading a little south to SD or OC there maybe a lot of “foreclosure to be” in the Pipe yet. (just look around, how many homes have been turned in the last two years in TV maybe 30%, the number is staggering if you think about it a few).

But I also can’t shake this feeling/vibe I keep getting lately that the economy is about to take a double dip that will not be pretty to watch (or worse be part of the show). So I guess we need to wait and see

[Nor-LA-SD-guy]

This is for the TV Crew,

For Temecula Valley I can’t imagine there is much left that’s in “the to be foreclosure pipe”
Now if you were thinking of heading a little south to SD or OC there maybe a lot of “foreclosure to be” in the Pipe yet. (just look around, how many homes have been turned in the last two years in TV maybe 30%, the number is staggering if you think about it a few).

But I also can’t shake this feeling/vibe I keep getting lately that the economy is about to take a double dip that will not be pretty to watch (or worse be part of the show). So I guess we need to wait and see

[Nor-LA-SD-guy]

This is for the TV Crew,

For Temecula Valley I can’t imagine there is much left that’s in “the to be foreclosure pipe”
Now if you were thinking of heading a little south to SD or OC there maybe a lot of “foreclosure to be” in the Pipe yet. (just look around, how many homes have been turned in the last two years in TV maybe 30%, the number is staggering if you think about it a few).

But I also can’t shake this feeling/vibe I keep getting lately that the economy is about to take a double dip that will not be pretty to watch (or worse be part of the show). So I guess we need to wait and see

[Nor-LA-SD-guy]

This is for the TV Crew,

For Temecula Valley I can’t imagine there is much left that’s in “the to be foreclosure pipe”
Now if you were thinking of heading a little south to SD or OC there maybe a lot of “foreclosure to be” in the Pipe yet. (just look around, how many homes have been turned in the last two years in TV maybe 30%, the number is staggering if you think about it a few).

But I also can’t shake this feeling/vibe I keep getting lately that the economy is about to take a double dip that will not be pretty to watch (or worse be part of the show). So I guess we need to wait and see

[briansd1]

[quote=outtamojo][quote=briansd1]outtamojo, isn’t that what you want?

[/quote]

ROFLMAO. Whatever gave you that idea?[/quote]

You’ve been hoping for something to save the market.

It’ll go down fast and recover from the trough, or it’ll go down slowly, over time. But it’ll adjust to equilibrium.

Only a matter of time.

The buyers who bought at the peak won’t be saved from a recovery from the bottom, they need a return to peak plus even more appreciation to recover their money.

So the peak buyers/refinancers have the choice of waiting and throwing good money after bad (hope + monthly cash outlay) or start fresh by walking.

[briansd1]

[quote=outtamojo][quote=briansd1]outtamojo, isn’t that what you want?

[/quote]

ROFLMAO. Whatever gave you that idea?[/quote]

You’ve been hoping for something to save the market.

It’ll go down fast and recover from the trough, or it’ll go down slowly, over time. But it’ll adjust to equilibrium.

Only a matter of time.

The buyers who bought at the peak won’t be saved from a recovery from the bottom, they need a return to peak plus even more appreciation to recover their money.

So the peak buyers/refinancers have the choice of waiting and throwing good money after bad (hope + monthly cash outlay) or start fresh by walking.

[briansd1]

[quote=outtamojo][quote=briansd1]outtamojo, isn’t that what you want?

[/quote]

ROFLMAO. Whatever gave you that idea?[/quote]

You’ve been hoping for something to save the market.

It’ll go down fast and recover from the trough, or it’ll go down slowly, over time. But it’ll adjust to equilibrium.

Only a matter of time.

The buyers who bought at the peak won’t be saved from a recovery from the bottom, they need a return to peak plus even more appreciation to recover their money.

So the peak buyers/refinancers have the choice of waiting and throwing good money after bad (hope + monthly cash outlay) or start fresh by walking.

[briansd1]

[quote=outtamojo][quote=briansd1]outtamojo, isn’t that what you want?

[/quote]

ROFLMAO. Whatever gave you that idea?[/quote]

You’ve been hoping for something to save the market.

It’ll go down fast and recover from the trough, or it’ll go down slowly, over time. But it’ll adjust to equilibrium.

Only a matter of time.

The buyers who bought at the peak won’t be saved from a recovery from the bottom, they need a return to peak plus even more appreciation to recover their money.

So the peak buyers/refinancers have the choice of waiting and throwing good money after bad (hope + monthly cash outlay) or start fresh by walking.

[Author]

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