Where would we be now without the bailout?

[Multiplepropertyowner]

The bailout has definitely softened the mortgage crisis effects as far as I can see. Just the fact that the reset rate is lower is a huge benefit to many. On NPR yesterday it mentioned in one families case where the reset was going to be about $1200 per month extra, and now is only going to be $300. Thus they are going to be able to stay in their home.
My questions are:
1. Where do you think the market would be today if the Govt. had not stepped in?
2. How much do you think the Govt. will actually be able to do in regard to % points lost in value and length of time this will go on?

[GoUSC]

Obviously we would be seeing more #’s of foreclosures and defaults. However the fact remains that home prices will continue to trend towards the long term median line putting home prices more in line with incomes. It might take a little longer but it will get there. The market is too big to force one direction or another over the long term.

With that said this program IS creating a whole lot of people in debtors prison holding mortgages to homes that are worth less than what they owe. I, for one, feel fortunate to not have a mortgage hanging over my head.

I will say that I continue to look at homes in the markets I want to buy in (Mission Hills, Hillcrest, North Park, Point Loma) and am seeing a definite decrease in housing values which is good to see.

[GoUSC]

Obviously we would be seeing more #’s of foreclosures and defaults. However the fact remains that home prices will continue to trend towards the long term median line putting home prices more in line with incomes. It might take a little longer but it will get there. The market is too big to force one direction or another over the long term.

With that said this program IS creating a whole lot of people in debtors prison holding mortgages to homes that are worth less than what they owe. I, for one, feel fortunate to not have a mortgage hanging over my head.

I will say that I continue to look at homes in the markets I want to buy in (Mission Hills, Hillcrest, North Park, Point Loma) and am seeing a definite decrease in housing values which is good to see.

[GoUSC]

Obviously we would be seeing more #’s of foreclosures and defaults. However the fact remains that home prices will continue to trend towards the long term median line putting home prices more in line with incomes. It might take a little longer but it will get there. The market is too big to force one direction or another over the long term.

With that said this program IS creating a whole lot of people in debtors prison holding mortgages to homes that are worth less than what they owe. I, for one, feel fortunate to not have a mortgage hanging over my head.

I will say that I continue to look at homes in the markets I want to buy in (Mission Hills, Hillcrest, North Park, Point Loma) and am seeing a definite decrease in housing values which is good to see.

[GoUSC]

Obviously we would be seeing more #’s of foreclosures and defaults. However the fact remains that home prices will continue to trend towards the long term median line putting home prices more in line with incomes. It might take a little longer but it will get there. The market is too big to force one direction or another over the long term.

With that said this program IS creating a whole lot of people in debtors prison holding mortgages to homes that are worth less than what they owe. I, for one, feel fortunate to not have a mortgage hanging over my head.

I will say that I continue to look at homes in the markets I want to buy in (Mission Hills, Hillcrest, North Park, Point Loma) and am seeing a definite decrease in housing values which is good to see.

[GoUSC]

Obviously we would be seeing more #’s of foreclosures and defaults. However the fact remains that home prices will continue to trend towards the long term median line putting home prices more in line with incomes. It might take a little longer but it will get there. The market is too big to force one direction or another over the long term.

With that said this program IS creating a whole lot of people in debtors prison holding mortgages to homes that are worth less than what they owe. I, for one, feel fortunate to not have a mortgage hanging over my head.

I will say that I continue to look at homes in the markets I want to buy in (Mission Hills, Hillcrest, North Park, Point Loma) and am seeing a definite decrease in housing values which is good to see.

[gdcox]

All the evidence I have read so far seem to suggest that resets have contributed little if anything to the fall in house prices so far; partly because not many resets have arrived yet. Thus the question would have to be how much impact will reset-forgiveness have in the future.

[gdcox]

All the evidence I have read so far seem to suggest that resets have contributed little if anything to the fall in house prices so far; partly because not many resets have arrived yet. Thus the question would have to be how much impact will reset-forgiveness have in the future.

[gdcox]

All the evidence I have read so far seem to suggest that resets have contributed little if anything to the fall in house prices so far; partly because not many resets have arrived yet. Thus the question would have to be how much impact will reset-forgiveness have in the future.

[gdcox]

All the evidence I have read so far seem to suggest that resets have contributed little if anything to the fall in house prices so far; partly because not many resets have arrived yet. Thus the question would have to be how much impact will reset-forgiveness have in the future.

[gdcox]

All the evidence I have read so far seem to suggest that resets have contributed little if anything to the fall in house prices so far; partly because not many resets have arrived yet. Thus the question would have to be how much impact will reset-forgiveness have in the future.

[Mean Reversion]

We’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.

I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?

[Mean Reversion]

We’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.

I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?

[Mean Reversion]

We’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.

I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?

[Mean Reversion]

We’ll never know for sure. What I do know for sure is that our government is pretty clueless and idiotic.

I ask them one question. Where is the bailout for the responsible and the prudent who chose to rent because housing affordability was at an all time low due to funny money? Can we apply for a few months rent credit?

[Author]

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