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5yearwaiter
Participant[quote=DWCAP]http://www3.signonsandiego.com/stories/2009/jun/04/1b4housing212856-housing-called-undervalued/?business&zIndex=110590
Their model says SD is very undervalued, and some SD professor called it a “good indicator”. What say you pigg’s? [/quote]
I can belive at least another 29% decline may occur especially in CV and other areas where price hold till time. If we guess there is any interest rates spike theory happens (not a theorey but a fact soon) then there should be much longer time to wait San Diegan’s to get price on the houses what they have invested or may not even get that price. As per model slowly some areas get hurt or wait for ever.
Participant[quote=DWCAP]http://www3.signonsandiego.com/stories/2009/jun/04/1b4housing212856-housing-called-undervalued/?business&zIndex=110590
Their model says SD is very undervalued, and some SD professor called it a “good indicator”. What say you pigg’s? [/quote]
I can belive at least another 29% decline may occur especially in CV and other areas where price hold till time. If we guess there is any interest rates spike theory happens (not a theorey but a fact soon) then there should be much longer time to wait San Diegan’s to get price on the houses what they have invested or may not even get that price. As per model slowly some areas get hurt or wait for ever.
Participant[quote=DWCAP]http://www3.signonsandiego.com/stories/2009/jun/04/1b4housing212856-housing-called-undervalued/?business&zIndex=110590
Their model says SD is very undervalued, and some SD professor called it a “good indicator”. What say you pigg’s? [/quote]
I can belive at least another 29% decline may occur especially in CV and other areas where price hold till time. If we guess there is any interest rates spike theory happens (not a theorey but a fact soon) then there should be much longer time to wait San Diegan’s to get price on the houses what they have invested or may not even get that price. As per model slowly some areas get hurt or wait for ever.
Participant[quote=DWCAP]http://www3.signonsandiego.com/stories/2009/jun/04/1b4housing212856-housing-called-undervalued/?business&zIndex=110590
Their model says SD is very undervalued, and some SD professor called it a “good indicator”. What say you pigg’s? [/quote]
I can belive at least another 29% decline may occur especially in CV and other areas where price hold till time. If we guess there is any interest rates spike theory happens (not a theorey but a fact soon) then there should be much longer time to wait San Diegan’s to get price on the houses what they have invested or may not even get that price. As per model slowly some areas get hurt or wait for ever.
Participant[quote=DWCAP]http://www3.signonsandiego.com/stories/2009/jun/04/1b4housing212856-housing-called-undervalued/?business&zIndex=110590
Their model says SD is very undervalued, and some SD professor called it a “good indicator”. What say you pigg’s? [/quote]
I can belive at least another 29% decline may occur especially in CV and other areas where price hold till time. If we guess there is any interest rates spike theory happens (not a theorey but a fact soon) then there should be much longer time to wait San Diegan’s to get price on the houses what they have invested or may not even get that price. As per model slowly some areas get hurt or wait for ever.
Participant[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
[/quote]Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
Participant[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
[/quote]Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
Participant[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
[/quote]Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
Participant[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
[/quote]Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
Participant[quote=sdnerd]Mine just reset from 4.65% to 3.25%.
Which is both good in regards to my payments, and bad in regards to houses I was hoping to be buying as REO.
[/quote]Can you explain to us how is that kind of rate achieved through refinancing? – What’s the story involved in this achievement?
Participant[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…
One is a Reuters story by Alister Bull.
What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]
Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news
http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310
Participant[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…
One is a Reuters story by Alister Bull.
What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]
Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news
http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310
Participant[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…
One is a Reuters story by Alister Bull.
What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]
Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news
http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310
Participant[quote=Bob]During the past four days, the Federal Reserve has made a few statements that were leaked to the press that are very interesting…
One is a Reuters story by Alister Bull.
What this article really suggests is that Bernanke and the Federal Reserve have no idea what is really going on and they are spooked. How they eventually react will decide the fate of the US economy and the housing recovery. One thing I can confidently predict is that mortgage rates will be considerably higher by the end of the year, which will put further downward pressures on prices.[/quote]
Bob, your prediction is going to be true and here is the latest magic word from Bernanke – well there is no particulars about “slow” like a decade….. Below link is today’s news
http://money.cnn.com/2009/06/03/news/economy/bernanke_housebudget_testimony/?postversion=2009060310
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