Forum Replies Created
-
AuthorPosts
-
February 25, 2008 at 12:50 AM in reply to: my observations from a housing auction this weekend #159356CA renterParticipant
It would depend largely on exactly where the house is (good or bad part of town), but $580K sounds pretty good for the current market.
I still expect it will go for less a year+ from now. We’ve seen a lot of interest here in SD, too. Lots of people going to open houses, but the houses are still staying on the market…so far.
February 25, 2008 at 12:50 AM in reply to: my observations from a housing auction this weekend #159654CA renterParticipantIt would depend largely on exactly where the house is (good or bad part of town), but $580K sounds pretty good for the current market.
I still expect it will go for less a year+ from now. We’ve seen a lot of interest here in SD, too. Lots of people going to open houses, but the houses are still staying on the market…so far.
February 25, 2008 at 12:50 AM in reply to: my observations from a housing auction this weekend #159668CA renterParticipantIt would depend largely on exactly where the house is (good or bad part of town), but $580K sounds pretty good for the current market.
I still expect it will go for less a year+ from now. We’ve seen a lot of interest here in SD, too. Lots of people going to open houses, but the houses are still staying on the market…so far.
February 25, 2008 at 12:50 AM in reply to: my observations from a housing auction this weekend #159674CA renterParticipantIt would depend largely on exactly where the house is (good or bad part of town), but $580K sounds pretty good for the current market.
I still expect it will go for less a year+ from now. We’ve seen a lot of interest here in SD, too. Lots of people going to open houses, but the houses are still staying on the market…so far.
February 25, 2008 at 12:50 AM in reply to: my observations from a housing auction this weekend #159748CA renterParticipantIt would depend largely on exactly where the house is (good or bad part of town), but $580K sounds pretty good for the current market.
I still expect it will go for less a year+ from now. We’ve seen a lot of interest here in SD, too. Lots of people going to open houses, but the houses are still staying on the market…so far.
February 24, 2008 at 11:25 PM in reply to: OMG: Bank of America Asks Congress for a $739 Billion Bank Bailout !!! #159293CA renterParticipantIf you honestly care about not bailing out Wall Street (those who made fistloads of money off this bubble **and demanded that the government NOT regulate the lending industry**), CALL YOUR REPRESENTATIVES TODAY!!!!!
Write letters, send e-mails, contact journalists, etc. and call them every single day to tell them that taxpayers will not stand by while Congress gives our money to the bankers who caused this mess in the first place.
You can find out who all your representatives are here:
February 24, 2008 at 11:25 PM in reply to: OMG: Bank of America Asks Congress for a $739 Billion Bank Bailout !!! #159586CA renterParticipantIf you honestly care about not bailing out Wall Street (those who made fistloads of money off this bubble **and demanded that the government NOT regulate the lending industry**), CALL YOUR REPRESENTATIVES TODAY!!!!!
Write letters, send e-mails, contact journalists, etc. and call them every single day to tell them that taxpayers will not stand by while Congress gives our money to the bankers who caused this mess in the first place.
You can find out who all your representatives are here:
February 24, 2008 at 11:25 PM in reply to: OMG: Bank of America Asks Congress for a $739 Billion Bank Bailout !!! #159604CA renterParticipantIf you honestly care about not bailing out Wall Street (those who made fistloads of money off this bubble **and demanded that the government NOT regulate the lending industry**), CALL YOUR REPRESENTATIVES TODAY!!!!!
Write letters, send e-mails, contact journalists, etc. and call them every single day to tell them that taxpayers will not stand by while Congress gives our money to the bankers who caused this mess in the first place.
You can find out who all your representatives are here:
February 24, 2008 at 11:25 PM in reply to: OMG: Bank of America Asks Congress for a $739 Billion Bank Bailout !!! #159609CA renterParticipantIf you honestly care about not bailing out Wall Street (those who made fistloads of money off this bubble **and demanded that the government NOT regulate the lending industry**), CALL YOUR REPRESENTATIVES TODAY!!!!!
Write letters, send e-mails, contact journalists, etc. and call them every single day to tell them that taxpayers will not stand by while Congress gives our money to the bankers who caused this mess in the first place.
You can find out who all your representatives are here:
February 24, 2008 at 11:25 PM in reply to: OMG: Bank of America Asks Congress for a $739 Billion Bank Bailout !!! #159681CA renterParticipantIf you honestly care about not bailing out Wall Street (those who made fistloads of money off this bubble **and demanded that the government NOT regulate the lending industry**), CALL YOUR REPRESENTATIVES TODAY!!!!!
Write letters, send e-mails, contact journalists, etc. and call them every single day to tell them that taxpayers will not stand by while Congress gives our money to the bankers who caused this mess in the first place.
You can find out who all your representatives are here:
February 24, 2008 at 11:10 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159273CA renterParticipantThis thread is a good reminder to me that there are both bears (I consider myself one) and lunatics on this board.
————————Just remember that those who predicted a recession, derivative & credit market chaos, 40%+ price declines, etc. back in 2004 and prior were considered “lunatics.” Now that a few years have passed, everyone is on this train and the “lunatics” were exactly right.
It’s best to look at pre-2001 prices (before the “credit bubble”, not including the portion between 1982 and 2001). Remember that in 2001, people were in much better shape than they are today, debt-wise. Add to that, we will likely see severe problems in the financial world, and things do not look so good for real estate. Overall, there is a very powerful global deflationary force that the Fed has been trying to stave off since 1982, via credit inflation/expansion.
Unless we see more stable, quality jobs in the U.S., we cannot say for sure what will happen to asset prices in the U.S.
February 24, 2008 at 11:10 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159568CA renterParticipantThis thread is a good reminder to me that there are both bears (I consider myself one) and lunatics on this board.
————————Just remember that those who predicted a recession, derivative & credit market chaos, 40%+ price declines, etc. back in 2004 and prior were considered “lunatics.” Now that a few years have passed, everyone is on this train and the “lunatics” were exactly right.
It’s best to look at pre-2001 prices (before the “credit bubble”, not including the portion between 1982 and 2001). Remember that in 2001, people were in much better shape than they are today, debt-wise. Add to that, we will likely see severe problems in the financial world, and things do not look so good for real estate. Overall, there is a very powerful global deflationary force that the Fed has been trying to stave off since 1982, via credit inflation/expansion.
Unless we see more stable, quality jobs in the U.S., we cannot say for sure what will happen to asset prices in the U.S.
February 24, 2008 at 11:10 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159582CA renterParticipantThis thread is a good reminder to me that there are both bears (I consider myself one) and lunatics on this board.
————————Just remember that those who predicted a recession, derivative & credit market chaos, 40%+ price declines, etc. back in 2004 and prior were considered “lunatics.” Now that a few years have passed, everyone is on this train and the “lunatics” were exactly right.
It’s best to look at pre-2001 prices (before the “credit bubble”, not including the portion between 1982 and 2001). Remember that in 2001, people were in much better shape than they are today, debt-wise. Add to that, we will likely see severe problems in the financial world, and things do not look so good for real estate. Overall, there is a very powerful global deflationary force that the Fed has been trying to stave off since 1982, via credit inflation/expansion.
Unless we see more stable, quality jobs in the U.S., we cannot say for sure what will happen to asset prices in the U.S.
February 24, 2008 at 11:10 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159588CA renterParticipantThis thread is a good reminder to me that there are both bears (I consider myself one) and lunatics on this board.
————————Just remember that those who predicted a recession, derivative & credit market chaos, 40%+ price declines, etc. back in 2004 and prior were considered “lunatics.” Now that a few years have passed, everyone is on this train and the “lunatics” were exactly right.
It’s best to look at pre-2001 prices (before the “credit bubble”, not including the portion between 1982 and 2001). Remember that in 2001, people were in much better shape than they are today, debt-wise. Add to that, we will likely see severe problems in the financial world, and things do not look so good for real estate. Overall, there is a very powerful global deflationary force that the Fed has been trying to stave off since 1982, via credit inflation/expansion.
Unless we see more stable, quality jobs in the U.S., we cannot say for sure what will happen to asset prices in the U.S.
-
AuthorPosts