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kev374
ParticipantMy prediction is that there is going to be a 1/2 pt cut next week and the markets are going to go uber optimistic. 14000 possible. After the realization comes back that the bailout plan and interest rate cut is not doing jack for anything the market will start tanking and not recover!
This rally is the last chance!!
ParticipantWhy would you use a money market when you can get a better interest rate in a high yield savings or a CD which is FDIC insured. Countrywide bank is offering 5.45% now on it’s 3 mo. CD. and you can lock in at least 5.35% for 6 mos.
ParticipantWhy would you use a money market when you can get a better interest rate in a high yield savings or a CD which is FDIC insured. Countrywide bank is offering 5.45% now on it’s 3 mo. CD. and you can lock in at least 5.35% for 6 mos.
ParticipantWhy would you use a money market when you can get a better interest rate in a high yield savings or a CD which is FDIC insured. Countrywide bank is offering 5.45% now on it’s 3 mo. CD. and you can lock in at least 5.35% for 6 mos.
ParticipantWhy would you use a money market when you can get a better interest rate in a high yield savings or a CD which is FDIC insured. Countrywide bank is offering 5.45% now on it’s 3 mo. CD. and you can lock in at least 5.35% for 6 mos.
ParticipantWhy would you use a money market when you can get a better interest rate in a high yield savings or a CD which is FDIC insured. Countrywide bank is offering 5.45% now on it’s 3 mo. CD. and you can lock in at least 5.35% for 6 mos.
Participantin my view, about 25% of the current price of homes in SoCal is what I like to call “pure fluff”. That is appreciation purely based on speculation and mad lending. This fluff will be drained off VERY quickly, prices will drop over the next 6-9 months like a drop from a cliff, because the factors responsible for them have been turned off in one shot…like turning off a faucet, like cutting off the air supply etc. etc.
To those who say prices can’t drop that much in a year, it’s incorrect. For example during the early 90s Austin dropped 20.1% in a single year 😉
Participantin my view, about 25% of the current price of homes in SoCal is what I like to call “pure fluff”. That is appreciation purely based on speculation and mad lending. This fluff will be drained off VERY quickly, prices will drop over the next 6-9 months like a drop from a cliff, because the factors responsible for them have been turned off in one shot…like turning off a faucet, like cutting off the air supply etc. etc.
To those who say prices can’t drop that much in a year, it’s incorrect. For example during the early 90s Austin dropped 20.1% in a single year 😉
Participantin my view, about 25% of the current price of homes in SoCal is what I like to call “pure fluff”. That is appreciation purely based on speculation and mad lending. This fluff will be drained off VERY quickly, prices will drop over the next 6-9 months like a drop from a cliff, because the factors responsible for them have been turned off in one shot…like turning off a faucet, like cutting off the air supply etc. etc.
To those who say prices can’t drop that much in a year, it’s incorrect. For example during the early 90s Austin dropped 20.1% in a single year 😉
Participantin my view, about 25% of the current price of homes in SoCal is what I like to call “pure fluff”. That is appreciation purely based on speculation and mad lending. This fluff will be drained off VERY quickly, prices will drop over the next 6-9 months like a drop from a cliff, because the factors responsible for them have been turned off in one shot…like turning off a faucet, like cutting off the air supply etc. etc.
To those who say prices can’t drop that much in a year, it’s incorrect. For example during the early 90s Austin dropped 20.1% in a single year 😉
Participantin my view, about 25% of the current price of homes in SoCal is what I like to call “pure fluff”. That is appreciation purely based on speculation and mad lending. This fluff will be drained off VERY quickly, prices will drop over the next 6-9 months like a drop from a cliff, because the factors responsible for them have been turned off in one shot…like turning off a faucet, like cutting off the air supply etc. etc.
To those who say prices can’t drop that much in a year, it’s incorrect. For example during the early 90s Austin dropped 20.1% in a single year 😉
December 6, 2007 at 2:48 PM in reply to: Home prices are forecast to fall as much as 30% in ‘the most severe housing recession’ since 1945. #110750Participantgood to know the media is finally catching up to the reality of the situation
December 6, 2007 at 2:48 PM in reply to: Home prices are forecast to fall as much as 30% in ‘the most severe housing recession’ since 1945. #110781Participantgood to know the media is finally catching up to the reality of the situation
December 6, 2007 at 2:48 PM in reply to: Home prices are forecast to fall as much as 30% in ‘the most severe housing recession’ since 1945. #110795Participantgood to know the media is finally catching up to the reality of the situation
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