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bsrsharma
ParticipantA haircut in Old Town at Bob's was $5.50 years ago, and it's $5.50 today.
HLS, Is this true? Wow! No inflation in 40 years? That would be a record.
Participantbank is taking offers under $300,000
No harm trying $150,000. You may be pleasantly surprised. Bank may even think you are sharp! They all secretly know (and fear) that getting 50 cents on a $ is good fortune in this game.
Participantbank is taking offers under $300,000
No harm trying $150,000. You may be pleasantly surprised. Bank may even think you are sharp! They all secretly know (and fear) that getting 50 cents on a $ is good fortune in this game.
Participantbank is taking offers under $300,000
No harm trying $150,000. You may be pleasantly surprised. Bank may even think you are sharp! They all secretly know (and fear) that getting 50 cents on a $ is good fortune in this game.
ParticipantAre you guy's sure about this?
During the RTC days (1989-92) much of San Bernardino & Riverside RE was resolved at 40 cents on $. Interior (San Joaquin valley, Arizona – yes that includes Phoenix) was resolved many times at 20c on $. Perfectly nice homes had no takers at 40K & 60K sometimes (bought at 150K – 200K). History repeats. Read my post on "This isn't the 90's" thread. That is from 1906.
ParticipantAre you guy's sure about this?
During the RTC days (1989-92) much of San Bernardino & Riverside RE was resolved at 40 cents on $. Interior (San Joaquin valley, Arizona – yes that includes Phoenix) was resolved many times at 20c on $. Perfectly nice homes had no takers at 40K & 60K sometimes (bought at 150K – 200K). History repeats. Read my post on "This isn't the 90's" thread. That is from 1906.
ParticipantAre you guy's sure about this?
During the RTC days (1989-92) much of San Bernardino & Riverside RE was resolved at 40 cents on $. Interior (San Joaquin valley, Arizona – yes that includes Phoenix) was resolved many times at 20c on $. Perfectly nice homes had no takers at 40K & 60K sometimes (bought at 150K – 200K). History repeats. Read my post on "This isn't the 90's" thread. That is from 1906.
ParticipantSmart observation. It probably explains why unemployment rate hasn’t risen in spite of recession in homebuilding industry. Being completely at the mercy of true market forces, illegal labor acts as the canary in the coal mine. A slightly more indirect statistic would be the number of legal immigrants. That tends to go down when economy slows down.
ParticipantSmart observation. It probably explains why unemployment rate hasn’t risen in spite of recession in homebuilding industry. Being completely at the mercy of true market forces, illegal labor acts as the canary in the coal mine. A slightly more indirect statistic would be the number of legal immigrants. That tends to go down when economy slows down.
ParticipantSmart observation. It probably explains why unemployment rate hasn’t risen in spite of recession in homebuilding industry. Being completely at the mercy of true market forces, illegal labor acts as the canary in the coal mine. A slightly more indirect statistic would be the number of legal immigrants. That tends to go down when economy slows down.
ParticipantStill way overpriced at 475K. With all that is happening, the bank should celebrate when they get a solid 300K offer that won’t fall out of escrow.
ParticipantStill way overpriced at 475K. With all that is happening, the bank should celebrate when they get a solid 300K offer that won’t fall out of escrow.
ParticipantStill way overpriced at 475K. With all that is happening, the bank should celebrate when they get a solid 300K offer that won’t fall out of escrow.
ParticipantContinued mortgage interest deductibility and Capital gains tax exemption come to mind. May be raising GSEs conforming limits? Subprime purchase by GSEs?
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