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April 4, 2011 at 1:21 PM in reply to: OT: What the hell….Why are some of you new homeowner’s so damn cheap! #684117April 4, 2011 at 1:21 PM in reply to: OT: What the hell….Why are some of you new homeowner’s so damn cheap! #684471
(former)FormerSanDiegan
ParticipantIsn’t there someone on this board that is recycling their toilet waste.
ParticipantI don’t believe the resets are the catalyst they were when the initial wave hit, primarily because of lower rates. 5/1 ARMS that are resetting now are resetting at around 3.5% or less, lower than their initial rate.
Rather than a second wave of reset-triggered defaults, we have seen more of a continual stream of defaults which I believe are/were caused by lost jobs and/or negative equity being primary factors.
ParticipantI don’t believe the resets are the catalyst they were when the initial wave hit, primarily because of lower rates. 5/1 ARMS that are resetting now are resetting at around 3.5% or less, lower than their initial rate.
Rather than a second wave of reset-triggered defaults, we have seen more of a continual stream of defaults which I believe are/were caused by lost jobs and/or negative equity being primary factors.
ParticipantI don’t believe the resets are the catalyst they were when the initial wave hit, primarily because of lower rates. 5/1 ARMS that are resetting now are resetting at around 3.5% or less, lower than their initial rate.
Rather than a second wave of reset-triggered defaults, we have seen more of a continual stream of defaults which I believe are/were caused by lost jobs and/or negative equity being primary factors.
ParticipantI don’t believe the resets are the catalyst they were when the initial wave hit, primarily because of lower rates. 5/1 ARMS that are resetting now are resetting at around 3.5% or less, lower than their initial rate.
Rather than a second wave of reset-triggered defaults, we have seen more of a continual stream of defaults which I believe are/were caused by lost jobs and/or negative equity being primary factors.
ParticipantI don’t believe the resets are the catalyst they were when the initial wave hit, primarily because of lower rates. 5/1 ARMS that are resetting now are resetting at around 3.5% or less, lower than their initial rate.
Rather than a second wave of reset-triggered defaults, we have seen more of a continual stream of defaults which I believe are/were caused by lost jobs and/or negative equity being primary factors.
Participant[quote=barnaby33]It turns out that while the foreclosure numbers are staggeringly high, at least in San Diego that has not translated into improved market conditions and or affordability.[/quote]
au contraire. Affordability in San Diego has greatly improved over the past 5 years.
Participant[quote=barnaby33]It turns out that while the foreclosure numbers are staggeringly high, at least in San Diego that has not translated into improved market conditions and or affordability.[/quote]
au contraire. Affordability in San Diego has greatly improved over the past 5 years.
Participant[quote=barnaby33]It turns out that while the foreclosure numbers are staggeringly high, at least in San Diego that has not translated into improved market conditions and or affordability.[/quote]
au contraire. Affordability in San Diego has greatly improved over the past 5 years.
Participant[quote=barnaby33]It turns out that while the foreclosure numbers are staggeringly high, at least in San Diego that has not translated into improved market conditions and or affordability.[/quote]
au contraire. Affordability in San Diego has greatly improved over the past 5 years.
Participant[quote=barnaby33]It turns out that while the foreclosure numbers are staggeringly high, at least in San Diego that has not translated into improved market conditions and or affordability.[/quote]
au contraire. Affordability in San Diego has greatly improved over the past 5 years.
ParticipantI never thought my April Fool’s post would generate so much intelligent conversation.
ParticipantI never thought my April Fool’s post would generate so much intelligent conversation.
ParticipantI never thought my April Fool’s post would generate so much intelligent conversation.
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