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kev374
Participantbut the real question…is it no doc?
Participantbut the real question…is it no doc?
Participantbut the real question…is it no doc?
Participantbut the real question…is it no doc?
Participantmy guess is that it will not have any effect on home prices since the amount any buyer can offer is still driven by 2 things:
1) Income
2) Availability of credit (which now is driven strictly by income)as long as income does not inflate, home prices will continue to fall until it matches historical affordability. However, with all this massive amounts of money being injected into the market by the government I am not sure when the current wave of deflation is going to turn into inflation, this part is not clear.
Participantmy guess is that it will not have any effect on home prices since the amount any buyer can offer is still driven by 2 things:
1) Income
2) Availability of credit (which now is driven strictly by income)as long as income does not inflate, home prices will continue to fall until it matches historical affordability. However, with all this massive amounts of money being injected into the market by the government I am not sure when the current wave of deflation is going to turn into inflation, this part is not clear.
Participantmy guess is that it will not have any effect on home prices since the amount any buyer can offer is still driven by 2 things:
1) Income
2) Availability of credit (which now is driven strictly by income)as long as income does not inflate, home prices will continue to fall until it matches historical affordability. However, with all this massive amounts of money being injected into the market by the government I am not sure when the current wave of deflation is going to turn into inflation, this part is not clear.
Participantmy guess is that it will not have any effect on home prices since the amount any buyer can offer is still driven by 2 things:
1) Income
2) Availability of credit (which now is driven strictly by income)as long as income does not inflate, home prices will continue to fall until it matches historical affordability. However, with all this massive amounts of money being injected into the market by the government I am not sure when the current wave of deflation is going to turn into inflation, this part is not clear.
Participantmy guess is that it will not have any effect on home prices since the amount any buyer can offer is still driven by 2 things:
1) Income
2) Availability of credit (which now is driven strictly by income)as long as income does not inflate, home prices will continue to fall until it matches historical affordability. However, with all this massive amounts of money being injected into the market by the government I am not sure when the current wave of deflation is going to turn into inflation, this part is not clear.
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
ParticipantIt will take time for prices to move down, remember that we started declining only in late 2007 and the last downcycle was 5 years (1992-1997) so my guess is that this one will AT LEAST be that long… that puts a bottom at 2012.
I think a lot of the decline in South OC prices will be linked to the bust of the Alt-A and Prime mortgages which is going to happen very soon. These are the types of loans that were made in South OC.
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