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Huckleberry
Participantpeterb,
I live in PB and can say, it’s difficult to find a block without a place for sale. This last Sat. I drove down a street where there were six houses for sale.
I am pretty sure there are a lot of Alt-A and “creative” loans in that area. I use this website to get a general idea of zip code “distress”. No exact numbers but some sort of idea can be gleaned from it.
http://www.newyorkfed.org/mortgagemaps/Participantpeterb,
I live in PB and can say, it’s difficult to find a block without a place for sale. This last Sat. I drove down a street where there were six houses for sale.
I am pretty sure there are a lot of Alt-A and “creative” loans in that area. I use this website to get a general idea of zip code “distress”. No exact numbers but some sort of idea can be gleaned from it.
http://www.newyorkfed.org/mortgagemaps/Participantpeterb,
I live in PB and can say, it’s difficult to find a block without a place for sale. This last Sat. I drove down a street where there were six houses for sale.
I am pretty sure there are a lot of Alt-A and “creative” loans in that area. I use this website to get a general idea of zip code “distress”. No exact numbers but some sort of idea can be gleaned from it.
http://www.newyorkfed.org/mortgagemaps/ParticipantOkay, maybe 20-30% over the next year is a bit aggressive. I agree with you, over the next three years is a higher probability.
ParticipantOkay, maybe 20-30% over the next year is a bit aggressive. I agree with you, over the next three years is a higher probability.
ParticipantOkay, maybe 20-30% over the next year is a bit aggressive. I agree with you, over the next three years is a higher probability.
ParticipantOkay, maybe 20-30% over the next year is a bit aggressive. I agree with you, over the next three years is a higher probability.
ParticipantOkay, maybe 20-30% over the next year is a bit aggressive. I agree with you, over the next three years is a higher probability.
ParticipantOnce Alt-A (especially pay option ARMs) start defaulting, compounded with VERY tight lending standards, rising mortgage rates, jobs market weakening, and huge existing inventory overhang…
Just my opinion, but I am thinking down another 20-30% over the next year in PB and La Jolla. It could easily turn into 40-50% if regional banks start becoming insolvent, which is a REAL and SIGNIFICANT probability per the Wall Street financial analysts.
Again, just my opinion but from what I see on CNBC daily and what I read here and other local RE related websites, the situation is getting bleaker for now…
ParticipantOnce Alt-A (especially pay option ARMs) start defaulting, compounded with VERY tight lending standards, rising mortgage rates, jobs market weakening, and huge existing inventory overhang…
Just my opinion, but I am thinking down another 20-30% over the next year in PB and La Jolla. It could easily turn into 40-50% if regional banks start becoming insolvent, which is a REAL and SIGNIFICANT probability per the Wall Street financial analysts.
Again, just my opinion but from what I see on CNBC daily and what I read here and other local RE related websites, the situation is getting bleaker for now…
ParticipantOnce Alt-A (especially pay option ARMs) start defaulting, compounded with VERY tight lending standards, rising mortgage rates, jobs market weakening, and huge existing inventory overhang…
Just my opinion, but I am thinking down another 20-30% over the next year in PB and La Jolla. It could easily turn into 40-50% if regional banks start becoming insolvent, which is a REAL and SIGNIFICANT probability per the Wall Street financial analysts.
Again, just my opinion but from what I see on CNBC daily and what I read here and other local RE related websites, the situation is getting bleaker for now…
ParticipantOnce Alt-A (especially pay option ARMs) start defaulting, compounded with VERY tight lending standards, rising mortgage rates, jobs market weakening, and huge existing inventory overhang…
Just my opinion, but I am thinking down another 20-30% over the next year in PB and La Jolla. It could easily turn into 40-50% if regional banks start becoming insolvent, which is a REAL and SIGNIFICANT probability per the Wall Street financial analysts.
Again, just my opinion but from what I see on CNBC daily and what I read here and other local RE related websites, the situation is getting bleaker for now…
ParticipantOnce Alt-A (especially pay option ARMs) start defaulting, compounded with VERY tight lending standards, rising mortgage rates, jobs market weakening, and huge existing inventory overhang…
Just my opinion, but I am thinking down another 20-30% over the next year in PB and La Jolla. It could easily turn into 40-50% if regional banks start becoming insolvent, which is a REAL and SIGNIFICANT probability per the Wall Street financial analysts.
Again, just my opinion but from what I see on CNBC daily and what I read here and other local RE related websites, the situation is getting bleaker for now…
ParticipantI am looking for an agent that specializes in the PB, south La Jolla, and Bay Park areas that has access to quality foreclosure information and has experience in the arena of distressed properties.
Any suggestions?
Thanks.
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