- This topic has 185 replies, 27 voices, and was last updated 16 years, 3 months ago by sdrealtor.
-
AuthorPosts
-
January 24, 2008 at 1:34 PM #142575January 24, 2008 at 1:45 PM #142266EugeneParticipant
The Fed raises conforming loan limits from 417K to up to 700K in California
You need to make 150K to qualify for a conforming loan on a typical SFR in 4S Ranch, if you put 20% down. (More if you don’t have a spare hundred grand in your checking account) You know that, right?
January 24, 2008 at 1:45 PM #142493EugeneParticipantThe Fed raises conforming loan limits from 417K to up to 700K in California
You need to make 150K to qualify for a conforming loan on a typical SFR in 4S Ranch, if you put 20% down. (More if you don’t have a spare hundred grand in your checking account) You know that, right?
January 24, 2008 at 1:45 PM #142505EugeneParticipantThe Fed raises conforming loan limits from 417K to up to 700K in California
You need to make 150K to qualify for a conforming loan on a typical SFR in 4S Ranch, if you put 20% down. (More if you don’t have a spare hundred grand in your checking account) You know that, right?
January 24, 2008 at 1:45 PM #142531EugeneParticipantThe Fed raises conforming loan limits from 417K to up to 700K in California
You need to make 150K to qualify for a conforming loan on a typical SFR in 4S Ranch, if you put 20% down. (More if you don’t have a spare hundred grand in your checking account) You know that, right?
January 24, 2008 at 1:45 PM #142595EugeneParticipantThe Fed raises conforming loan limits from 417K to up to 700K in California
You need to make 150K to qualify for a conforming loan on a typical SFR in 4S Ranch, if you put 20% down. (More if you don’t have a spare hundred grand in your checking account) You know that, right?
January 24, 2008 at 1:51 PM #142273HereWeGoParticipantWe’ll see if the GSEs still find the debt markets to be so eager to purchase their paper. Free lunches are often far more expensive than many realize.
If the GSEs cost of money rises, then instead of non-conforming sinking to the old conforming rates, the old conforming rates might rise to the non-conforming rates. That won’t be the immediate result, but let’s see how this plays out with the passage of time.
January 24, 2008 at 1:51 PM #142498HereWeGoParticipantWe’ll see if the GSEs still find the debt markets to be so eager to purchase their paper. Free lunches are often far more expensive than many realize.
If the GSEs cost of money rises, then instead of non-conforming sinking to the old conforming rates, the old conforming rates might rise to the non-conforming rates. That won’t be the immediate result, but let’s see how this plays out with the passage of time.
January 24, 2008 at 1:51 PM #142511HereWeGoParticipantWe’ll see if the GSEs still find the debt markets to be so eager to purchase their paper. Free lunches are often far more expensive than many realize.
If the GSEs cost of money rises, then instead of non-conforming sinking to the old conforming rates, the old conforming rates might rise to the non-conforming rates. That won’t be the immediate result, but let’s see how this plays out with the passage of time.
January 24, 2008 at 1:51 PM #142536HereWeGoParticipantWe’ll see if the GSEs still find the debt markets to be so eager to purchase their paper. Free lunches are often far more expensive than many realize.
If the GSEs cost of money rises, then instead of non-conforming sinking to the old conforming rates, the old conforming rates might rise to the non-conforming rates. That won’t be the immediate result, but let’s see how this plays out with the passage of time.
January 24, 2008 at 1:51 PM #142601HereWeGoParticipantWe’ll see if the GSEs still find the debt markets to be so eager to purchase their paper. Free lunches are often far more expensive than many realize.
If the GSEs cost of money rises, then instead of non-conforming sinking to the old conforming rates, the old conforming rates might rise to the non-conforming rates. That won’t be the immediate result, but let’s see how this plays out with the passage of time.
January 24, 2008 at 2:21 PM #142301SD RealtorParticipantAcetia –
My concern about the economy in general is pretty much a don’t care with regards to real estate. My golden goose is my engineering job and salary, not my real estate brokerage. My entire design staff and I received our walking papers a few weeks ago as the company we do designs for is contracting.
Most people that are crowing for a recession are like the people who love to pick up sea shells when the tide rolls out really far. Beware of what you are asking for.
In my own case myself and my entire staff just got absorbed by some other company for some pretty cool work.
With regards to the Fed policies and bailouts and all the other stupid ideas that politicians and bleeding hearts are crowing for, that in all cases will most likely help my business. All of that muck is just a smokescreen to keep consumerism unbridled.
I have posted over and over and over and over that we always get bounces in the spring. Of course that is all this bounce is as well. It is nothing but a spring bounce and secular trends are for the most part composed of lots of cyclical trends. To me a secular depreciating trend simply means lower highs and lower lows for all of the cyclical trends within the secular life of that secular trend. Personally my opinion is that we still have a long ways to go down.
SD Realtor
January 24, 2008 at 2:21 PM #142528SD RealtorParticipantAcetia –
My concern about the economy in general is pretty much a don’t care with regards to real estate. My golden goose is my engineering job and salary, not my real estate brokerage. My entire design staff and I received our walking papers a few weeks ago as the company we do designs for is contracting.
Most people that are crowing for a recession are like the people who love to pick up sea shells when the tide rolls out really far. Beware of what you are asking for.
In my own case myself and my entire staff just got absorbed by some other company for some pretty cool work.
With regards to the Fed policies and bailouts and all the other stupid ideas that politicians and bleeding hearts are crowing for, that in all cases will most likely help my business. All of that muck is just a smokescreen to keep consumerism unbridled.
I have posted over and over and over and over that we always get bounces in the spring. Of course that is all this bounce is as well. It is nothing but a spring bounce and secular trends are for the most part composed of lots of cyclical trends. To me a secular depreciating trend simply means lower highs and lower lows for all of the cyclical trends within the secular life of that secular trend. Personally my opinion is that we still have a long ways to go down.
SD Realtor
January 24, 2008 at 2:21 PM #142540SD RealtorParticipantAcetia –
My concern about the economy in general is pretty much a don’t care with regards to real estate. My golden goose is my engineering job and salary, not my real estate brokerage. My entire design staff and I received our walking papers a few weeks ago as the company we do designs for is contracting.
Most people that are crowing for a recession are like the people who love to pick up sea shells when the tide rolls out really far. Beware of what you are asking for.
In my own case myself and my entire staff just got absorbed by some other company for some pretty cool work.
With regards to the Fed policies and bailouts and all the other stupid ideas that politicians and bleeding hearts are crowing for, that in all cases will most likely help my business. All of that muck is just a smokescreen to keep consumerism unbridled.
I have posted over and over and over and over that we always get bounces in the spring. Of course that is all this bounce is as well. It is nothing but a spring bounce and secular trends are for the most part composed of lots of cyclical trends. To me a secular depreciating trend simply means lower highs and lower lows for all of the cyclical trends within the secular life of that secular trend. Personally my opinion is that we still have a long ways to go down.
SD Realtor
January 24, 2008 at 2:21 PM #142565SD RealtorParticipantAcetia –
My concern about the economy in general is pretty much a don’t care with regards to real estate. My golden goose is my engineering job and salary, not my real estate brokerage. My entire design staff and I received our walking papers a few weeks ago as the company we do designs for is contracting.
Most people that are crowing for a recession are like the people who love to pick up sea shells when the tide rolls out really far. Beware of what you are asking for.
In my own case myself and my entire staff just got absorbed by some other company for some pretty cool work.
With regards to the Fed policies and bailouts and all the other stupid ideas that politicians and bleeding hearts are crowing for, that in all cases will most likely help my business. All of that muck is just a smokescreen to keep consumerism unbridled.
I have posted over and over and over and over that we always get bounces in the spring. Of course that is all this bounce is as well. It is nothing but a spring bounce and secular trends are for the most part composed of lots of cyclical trends. To me a secular depreciating trend simply means lower highs and lower lows for all of the cyclical trends within the secular life of that secular trend. Personally my opinion is that we still have a long ways to go down.
SD Realtor
-
AuthorPosts
- You must be logged in to reply to this topic.