What will the bottom look/feel like?

[paramount]

I think there will be an over-correction/reaction.

When banks are basically lending no money, they will have over-reacted.

[paramount]

I think there will be an over-correction/reaction.

When banks are basically lending no money, they will have over-reacted.

[paramount]

I think there will be an over-correction/reaction.

When banks are basically lending no money, they will have over-reacted.

[asragov]

At the bottom, the general attitude will be “real estate is a terrible investment. It will never bounce back.”

When the prevailing sentiment is very negative (and not “it will be over soon”), then it will be time to buy.

Sentiment is still very positive, or at least not all that negative. This website and others like it are still in the minority.

[asragov]

At the bottom, the general attitude will be “real estate is a terrible investment. It will never bounce back.”

When the prevailing sentiment is very negative (and not “it will be over soon”), then it will be time to buy.

Sentiment is still very positive, or at least not all that negative. This website and others like it are still in the minority.

[asragov]

At the bottom, the general attitude will be “real estate is a terrible investment. It will never bounce back.”

When the prevailing sentiment is very negative (and not “it will be over soon”), then it will be time to buy.

Sentiment is still very positive, or at least not all that negative. This website and others like it are still in the minority.

[asragov]

At the bottom, the general attitude will be “real estate is a terrible investment. It will never bounce back.”

When the prevailing sentiment is very negative (and not “it will be over soon”), then it will be time to buy.

Sentiment is still very positive, or at least not all that negative. This website and others like it are still in the minority.

[asragov]

At the bottom, the general attitude will be “real estate is a terrible investment. It will never bounce back.”

When the prevailing sentiment is very negative (and not “it will be over soon”), then it will be time to buy.

Sentiment is still very positive, or at least not all that negative. This website and others like it are still in the minority.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[little lady]

“The bottom of the market looks like the bottom of the market. Credit terms are tough, underwriting is tough, appraisals are tough and nobody offers the benefit of the doubt. The properties being sold aren’t usually in the best shape and the transactions sometimes get complicated, depending on what’s happening on the seller’s side.”

I bought in November ’95 and moved in Jan ’96. The credit was easy, I got a 6% interest rate, the appraisal was easy, the seller’s had to fix it up some but other than that, there were no complications…….I got really upset when the interest rates started falling after I bought my house. The houses dropped a little further and I could’ve got a little bigger and better house. All my friends who bought around that time had the same experience.

[Anonymous]

IMO we are in stage 3 of a 5-stage descent. Stage 4 will begin when more companies announce downsizing leading to layoffs and more foreclosures. Stage 5 (the bottom) is a global divot but China’s lookin’ good.

I think there will be an over-correction/reaction.

When banks are basically lending no money, they will have over-reacted.

ok, ok, but will somebody tell me when there will be builders building new homes here in Murrieta at realistic prices? Anywhere from $75-$100 sf?

I am mentally worn out!

[Author]

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