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cr
ParticipantMaybe I should start a new topic, but I’m wondering who is buying out there these days, maybe the Realtors can comment.
Is it first time buyers? Are people moving up, moving down? Foreigners? And how are they paying for it these days? 20% down?
I tend to think we are in a transitional phase where people might be moving into something more affordable, but then there’s the issue of how they sell what they currently own and can’t afford. I’ve read of people fraudulently claiming rental income on a house they own only to foreclose on it once they close on the new one. Seen that?
cr
ParticipantMaybe I should start a new topic, but I’m wondering who is buying out there these days, maybe the Realtors can comment.
Is it first time buyers? Are people moving up, moving down? Foreigners? And how are they paying for it these days? 20% down?
I tend to think we are in a transitional phase where people might be moving into something more affordable, but then there’s the issue of how they sell what they currently own and can’t afford. I’ve read of people fraudulently claiming rental income on a house they own only to foreclose on it once they close on the new one. Seen that?
September 30, 2008 at 4:15 PM in reply to: Bush administration sees 4000-point drop in DOW this week if no bailout #278269cr
ParticipantScare tactic.
September 30, 2008 at 4:15 PM in reply to: Bush administration sees 4000-point drop in DOW this week if no bailout #278532cr
ParticipantScare tactic.
September 30, 2008 at 4:15 PM in reply to: Bush administration sees 4000-point drop in DOW this week if no bailout #278545cr
ParticipantScare tactic.
September 30, 2008 at 4:15 PM in reply to: Bush administration sees 4000-point drop in DOW this week if no bailout #278582cr
ParticipantScare tactic.
September 30, 2008 at 4:15 PM in reply to: Bush administration sees 4000-point drop in DOW this week if no bailout #278596cr
ParticipantScare tactic.
September 30, 2008 at 1:18 PM in reply to: LOL: Dem senator urges SEC to halt “market volatility”…. #278144cr
Participant“The SEC has the authority and responsibility to ensure that this volatility is not exacerbated dangerously by internal market mechanisms such as program trading which could push this situation into a free fall,”
Good one. And home prices only went down because of websites like piggington.com
September 30, 2008 at 1:18 PM in reply to: LOL: Dem senator urges SEC to halt “market volatility”…. #278408cr
Participant“The SEC has the authority and responsibility to ensure that this volatility is not exacerbated dangerously by internal market mechanisms such as program trading which could push this situation into a free fall,”
Good one. And home prices only went down because of websites like piggington.com
September 30, 2008 at 1:18 PM in reply to: LOL: Dem senator urges SEC to halt “market volatility”…. #278420cr
Participant“The SEC has the authority and responsibility to ensure that this volatility is not exacerbated dangerously by internal market mechanisms such as program trading which could push this situation into a free fall,”
Good one. And home prices only went down because of websites like piggington.com
September 30, 2008 at 1:18 PM in reply to: LOL: Dem senator urges SEC to halt “market volatility”…. #278457cr
Participant“The SEC has the authority and responsibility to ensure that this volatility is not exacerbated dangerously by internal market mechanisms such as program trading which could push this situation into a free fall,”
Good one. And home prices only went down because of websites like piggington.com
September 30, 2008 at 1:18 PM in reply to: LOL: Dem senator urges SEC to halt “market volatility”…. #278471cr
Participant“The SEC has the authority and responsibility to ensure that this volatility is not exacerbated dangerously by internal market mechanisms such as program trading which could push this situation into a free fall,”
Good one. And home prices only went down because of websites like piggington.com
cr
ParticipantMaybe Congress and everyone else turned a blind eye to people like Rich pointing out the coming problem with the RE bubble because with that much additional tax revenue it sure made spending easier.
cr
ParticipantMaybe Congress and everyone else turned a blind eye to people like Rich pointing out the coming problem with the RE bubble because with that much additional tax revenue it sure made spending easier.
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