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HuckleberryParticipant
Anyone thinking this will put a floor under prices should read this article by Dr. HB:
HuckleberryParticipantAnyone thinking this will put a floor under prices should read this article by Dr. HB:
HuckleberryParticipantAnyone thinking this will put a floor under prices should read this article by Dr. HB:
HuckleberryParticipantThis will not put a floor under housing prices.
The only way to do that is once again allow exotic mortgages so people can get into mortgages out of their income range. Without this segment of the market, there is not enough leverage (buying power) for people to continue moving up into higher price ranges.
I agree, all this will do is slow the decent so we don’t have a catastrophic meltdown. Price are still going to head lower, and once they do stabilize, will have stagnant appreciation for at least a few years, if not longer…
HuckleberryParticipantThis will not put a floor under housing prices.
The only way to do that is once again allow exotic mortgages so people can get into mortgages out of their income range. Without this segment of the market, there is not enough leverage (buying power) for people to continue moving up into higher price ranges.
I agree, all this will do is slow the decent so we don’t have a catastrophic meltdown. Price are still going to head lower, and once they do stabilize, will have stagnant appreciation for at least a few years, if not longer…
HuckleberryParticipantThis will not put a floor under housing prices.
The only way to do that is once again allow exotic mortgages so people can get into mortgages out of their income range. Without this segment of the market, there is not enough leverage (buying power) for people to continue moving up into higher price ranges.
I agree, all this will do is slow the decent so we don’t have a catastrophic meltdown. Price are still going to head lower, and once they do stabilize, will have stagnant appreciation for at least a few years, if not longer…
HuckleberryParticipantThis will not put a floor under housing prices.
The only way to do that is once again allow exotic mortgages so people can get into mortgages out of their income range. Without this segment of the market, there is not enough leverage (buying power) for people to continue moving up into higher price ranges.
I agree, all this will do is slow the decent so we don’t have a catastrophic meltdown. Price are still going to head lower, and once they do stabilize, will have stagnant appreciation for at least a few years, if not longer…
HuckleberryParticipantThis will not put a floor under housing prices.
The only way to do that is once again allow exotic mortgages so people can get into mortgages out of their income range. Without this segment of the market, there is not enough leverage (buying power) for people to continue moving up into higher price ranges.
I agree, all this will do is slow the decent so we don’t have a catastrophic meltdown. Price are still going to head lower, and once they do stabilize, will have stagnant appreciation for at least a few years, if not longer…
HuckleberryParticipantYes, I would also be interested in whether you used a broker or not? If so, who was it? Thx…
HuckleberryParticipantYes, I would also be interested in whether you used a broker or not? If so, who was it? Thx…
HuckleberryParticipantYes, I would also be interested in whether you used a broker or not? If so, who was it? Thx…
HuckleberryParticipantYes, I would also be interested in whether you used a broker or not? If so, who was it? Thx…
HuckleberryParticipantYes, I would also be interested in whether you used a broker or not? If so, who was it? Thx…
March 18, 2009 at 8:01 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #369003HuckleberryParticipantPrivate equity RE investment firms is a different niche all together.
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