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DWCAP
ParticipantAlso, remember that in most RE markets most movements up or down have the seeds of the next change sown into them in equal magnitude. Or think of it as a big ship that turns slowly, itll take many turns to put it back on course.
What I mean is that we had a RE bubble of gigantic proportions, and have a recession/fall to match.
We had almost no demand last year for houses, and now it is crazy out there with 20 people lined up for a house not even on the market.
It is crazy out there and prices are starting to rise as inventory plumets and interest rates are just plain stupid, and this fall I believe we will have historically low but non stupid (~6%) rates with a balance of inventory on the market inrelation to demand. (itll be brisk, dont think you can window shop forever, it just shouldnt be a frenzy)
I would say that we should have high rates this fall as a correlation to out now low rates, but the government has obviously decided this is unacceptable and will financially rape future generations to make sure it isnt so.
Participant3) We follow a trend line that looks speciously like they line from 1991-1997. Spring rallys fizzel into fall declines as the economy just kinda sputters and frets. RE agents bottom call every spring and remain suspeciously silent as fall drops egg’s on faces. Happy talk from government is loud and perminate, as they are obviously big belivers that if everyone thinks itll all be ok, then it will regardless of everything else.
Personally, I am not waiting for a backlog of houses from the banks to magically make things change direction. They obviously have chosen to not take that path anymore. REO will trickel in at a rate that can be managed by the banks and will flow for years to come.
Id wait for two things to happen:
a) interets rates hit 5.75%+
b) October.Participant3) We follow a trend line that looks speciously like they line from 1991-1997. Spring rallys fizzel into fall declines as the economy just kinda sputters and frets. RE agents bottom call every spring and remain suspeciously silent as fall drops egg’s on faces. Happy talk from government is loud and perminate, as they are obviously big belivers that if everyone thinks itll all be ok, then it will regardless of everything else.
Personally, I am not waiting for a backlog of houses from the banks to magically make things change direction. They obviously have chosen to not take that path anymore. REO will trickel in at a rate that can be managed by the banks and will flow for years to come.
Id wait for two things to happen:
a) interets rates hit 5.75%+
b) October.Participant3) We follow a trend line that looks speciously like they line from 1991-1997. Spring rallys fizzel into fall declines as the economy just kinda sputters and frets. RE agents bottom call every spring and remain suspeciously silent as fall drops egg’s on faces. Happy talk from government is loud and perminate, as they are obviously big belivers that if everyone thinks itll all be ok, then it will regardless of everything else.
Personally, I am not waiting for a backlog of houses from the banks to magically make things change direction. They obviously have chosen to not take that path anymore. REO will trickel in at a rate that can be managed by the banks and will flow for years to come.
Id wait for two things to happen:
a) interets rates hit 5.75%+
b) October.Participant3) We follow a trend line that looks speciously like they line from 1991-1997. Spring rallys fizzel into fall declines as the economy just kinda sputters and frets. RE agents bottom call every spring and remain suspeciously silent as fall drops egg’s on faces. Happy talk from government is loud and perminate, as they are obviously big belivers that if everyone thinks itll all be ok, then it will regardless of everything else.
Personally, I am not waiting for a backlog of houses from the banks to magically make things change direction. They obviously have chosen to not take that path anymore. REO will trickel in at a rate that can be managed by the banks and will flow for years to come.
Id wait for two things to happen:
a) interets rates hit 5.75%+
b) October.Participant3) We follow a trend line that looks speciously like they line from 1991-1997. Spring rallys fizzel into fall declines as the economy just kinda sputters and frets. RE agents bottom call every spring and remain suspeciously silent as fall drops egg’s on faces. Happy talk from government is loud and perminate, as they are obviously big belivers that if everyone thinks itll all be ok, then it will regardless of everything else.
Personally, I am not waiting for a backlog of houses from the banks to magically make things change direction. They obviously have chosen to not take that path anymore. REO will trickel in at a rate that can be managed by the banks and will flow for years to come.
Id wait for two things to happen:
a) interets rates hit 5.75%+
b) October.ParticipantDoes it need to be a running car? I know a couple of places where it seems that nonfunctioning autos are being used as either lawn decoration, or as ‘paper’ weights for dirt out back.
ParticipantDoes it need to be a running car? I know a couple of places where it seems that nonfunctioning autos are being used as either lawn decoration, or as ‘paper’ weights for dirt out back.
ParticipantDoes it need to be a running car? I know a couple of places where it seems that nonfunctioning autos are being used as either lawn decoration, or as ‘paper’ weights for dirt out back.
ParticipantDoes it need to be a running car? I know a couple of places where it seems that nonfunctioning autos are being used as either lawn decoration, or as ‘paper’ weights for dirt out back.
ParticipantDoes it need to be a running car? I know a couple of places where it seems that nonfunctioning autos are being used as either lawn decoration, or as ‘paper’ weights for dirt out back.
ParticipantId go back, write down the addresses, and have a relator look into them. All too often the real problem is in the MLS search. Assuming your relator isnt able to find them in the MLS either, then you are on to something. After you get a good offer in on one of them, post the rest so we can see.
ParticipantId go back, write down the addresses, and have a relator look into them. All too often the real problem is in the MLS search. Assuming your relator isnt able to find them in the MLS either, then you are on to something. After you get a good offer in on one of them, post the rest so we can see.
ParticipantId go back, write down the addresses, and have a relator look into them. All too often the real problem is in the MLS search. Assuming your relator isnt able to find them in the MLS either, then you are on to something. After you get a good offer in on one of them, post the rest so we can see.
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