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CAwireman
ParticipantHM,
Nice find. Several bottom calls throughout the article. But, some reality mixed in.
Rich’s chart here raised some good points about the up/down bubble symmetry (# 3 and # 5):
If we roughly, (and I me ROUGHLY) look at the preceeding dip in about 1996 and take that to the peak of 2005, we have about 9 years. So, 9 years up to the peak and what,
9 years down to the next trough? So, that would be about 2014.Who knows, maybe things will settle out before that. But, calling the bottom has become a pastime that will likely end up desensitizing buyer and non-buyers alike to ingnore the pundits, and just keep watching the inventory, prices, foreclosure rates, and 30-year mortgage rates.
But for things to be as bad as they are, there still seems to be a lot of positve buyer sentiment out there. Just blows me away….
CAwireman
ParticipantHM,
Nice find. Several bottom calls throughout the article. But, some reality mixed in.
Rich’s chart here raised some good points about the up/down bubble symmetry (# 3 and # 5):
If we roughly, (and I me ROUGHLY) look at the preceeding dip in about 1996 and take that to the peak of 2005, we have about 9 years. So, 9 years up to the peak and what,
9 years down to the next trough? So, that would be about 2014.Who knows, maybe things will settle out before that. But, calling the bottom has become a pastime that will likely end up desensitizing buyer and non-buyers alike to ingnore the pundits, and just keep watching the inventory, prices, foreclosure rates, and 30-year mortgage rates.
But for things to be as bad as they are, there still seems to be a lot of positve buyer sentiment out there. Just blows me away….
CAwireman
ParticipantHM,
Nice find. Several bottom calls throughout the article. But, some reality mixed in.
Rich’s chart here raised some good points about the up/down bubble symmetry (# 3 and # 5):
If we roughly, (and I me ROUGHLY) look at the preceeding dip in about 1996 and take that to the peak of 2005, we have about 9 years. So, 9 years up to the peak and what,
9 years down to the next trough? So, that would be about 2014.Who knows, maybe things will settle out before that. But, calling the bottom has become a pastime that will likely end up desensitizing buyer and non-buyers alike to ingnore the pundits, and just keep watching the inventory, prices, foreclosure rates, and 30-year mortgage rates.
But for things to be as bad as they are, there still seems to be a lot of positve buyer sentiment out there. Just blows me away….
CAwireman
ParticipantWow, a house nearly on the ocean or SD Bay for $837K?
Call me crazy, but even as a small place built in 1990, sounds like a decent deal. What am I missing?CAwireman
ParticipantWow, a house nearly on the ocean or SD Bay for $837K?
Call me crazy, but even as a small place built in 1990, sounds like a decent deal. What am I missing?CAwireman
ParticipantWow, a house nearly on the ocean or SD Bay for $837K?
Call me crazy, but even as a small place built in 1990, sounds like a decent deal. What am I missing?CAwireman
ParticipantWow, a house nearly on the ocean or SD Bay for $837K?
Call me crazy, but even as a small place built in 1990, sounds like a decent deal. What am I missing?CAwireman
ParticipantWow, a house nearly on the ocean or SD Bay for $837K?
Call me crazy, but even as a small place built in 1990, sounds like a decent deal. What am I missing?CAwireman
ParticipantI too agree with Esmith.
I did the same research and did the absentee ballot several weeks ago.
But any prop that rubs agaisnt the grain of seniors (rent control is a holy grain) might be destined for failure. Why the heck did they attach abolishing rent control as a rider?
It might have handily passed otherwise..CAwireman
ParticipantI too agree with Esmith.
I did the same research and did the absentee ballot several weeks ago.
But any prop that rubs agaisnt the grain of seniors (rent control is a holy grain) might be destined for failure. Why the heck did they attach abolishing rent control as a rider?
It might have handily passed otherwise..CAwireman
ParticipantI too agree with Esmith.
I did the same research and did the absentee ballot several weeks ago.
But any prop that rubs agaisnt the grain of seniors (rent control is a holy grain) might be destined for failure. Why the heck did they attach abolishing rent control as a rider?
It might have handily passed otherwise..CAwireman
ParticipantI too agree with Esmith.
I did the same research and did the absentee ballot several weeks ago.
But any prop that rubs agaisnt the grain of seniors (rent control is a holy grain) might be destined for failure. Why the heck did they attach abolishing rent control as a rider?
It might have handily passed otherwise..CAwireman
ParticipantI too agree with Esmith.
I did the same research and did the absentee ballot several weeks ago.
But any prop that rubs agaisnt the grain of seniors (rent control is a holy grain) might be destined for failure. Why the heck did they attach abolishing rent control as a rider?
It might have handily passed otherwise..CAwireman
ParticipantIs there a short fuse on these jumbo conforming loans?
Are they scheduled to be available only through 2008?
I had heard this from a friend of mine….
Thanks!
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