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kev374
Participantdup post… forgive me, this news is changing so fast nobody can even keep up! Moderator please delete!
Participantdup post… forgive me, this news is changing so fast nobody can even keep up! Moderator please delete!
ParticipantIn the early 90s my cousins condo in Torrance bought at the peak in 1989 came down by 30% at the bottom in 1995 so i’m expecting at least a 50% decline this time around since conditions are much more severe.
ParticipantIn the early 90s my cousins condo in Torrance bought at the peak in 1989 came down by 30% at the bottom in 1995 so i’m expecting at least a 50% decline this time around since conditions are much more severe.
ParticipantIn the early 90s my cousins condo in Torrance bought at the peak in 1989 came down by 30% at the bottom in 1995 so i’m expecting at least a 50% decline this time around since conditions are much more severe.
Participantlooking at the numbers I see inventory is beginning to pick up VERY rapidly and buyers along with the wall st. investors and lenders are all but running for the hills! It’s not exactly rocket science to figure out that this whole stack of dominoes is about to come crashing down pretty damn hard… remember the saying the taller it is the harder it falls, well as far as this bubble it’s as tall as it can get!!
Participantlooking at the numbers I see inventory is beginning to pick up VERY rapidly and buyers along with the wall st. investors and lenders are all but running for the hills! It’s not exactly rocket science to figure out that this whole stack of dominoes is about to come crashing down pretty damn hard… remember the saying the taller it is the harder it falls, well as far as this bubble it’s as tall as it can get!!
Participantlooking at the numbers I see inventory is beginning to pick up VERY rapidly and buyers along with the wall st. investors and lenders are all but running for the hills! It’s not exactly rocket science to figure out that this whole stack of dominoes is about to come crashing down pretty damn hard… remember the saying the taller it is the harder it falls, well as far as this bubble it’s as tall as it can get!!
Participantco-worker has a completely flawed argument. The people who don’t want to sell their houses don’t set comparables. The foreclosures that are going to be sold at greatly reduced prices and those that HAVE to sell are the ones that determine what homes are worth 😉
Participantco-worker has a completely flawed argument. The people who don’t want to sell their houses don’t set comparables. The foreclosures that are going to be sold at greatly reduced prices and those that HAVE to sell are the ones that determine what homes are worth 😉
Participantco-worker has a completely flawed argument. The people who don’t want to sell their houses don’t set comparables. The foreclosures that are going to be sold at greatly reduced prices and those that HAVE to sell are the ones that determine what homes are worth 😉
ParticipantThere is a lot of chatting going on about this in the broker circles, check this out:
This isn’t looking good at all but then again is this a surprise to any of us? Wall St. pulls the plug who the hell is going to finance these loans? It’s not magic you know…
ParticipantThere is a lot of chatting going on about this in the broker circles, check this out:
This isn’t looking good at all but then again is this a surprise to any of us? Wall St. pulls the plug who the hell is going to finance these loans? It’s not magic you know…
ParticipantThere is a lot of chatting going on about this in the broker circles, check this out:
This isn’t looking good at all but then again is this a surprise to any of us? Wall St. pulls the plug who the hell is going to finance these loans? It’s not magic you know…
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