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latesummer2008
ParticipantAlt-A loans were made by many banks to buyers with better than subprime credit, but with little verification of income. Many more affluent buyers used them for 1st and second homes. Sound familiar?
Tip of the iceberg with Indymac…
ParticipantAlt-A loans were made by many banks to buyers with better than subprime credit, but with little verification of income. Many more affluent buyers used them for 1st and second homes. Sound familiar?
Tip of the iceberg with Indymac…
ParticipantAlt-A loans were made by many banks to buyers with better than subprime credit, but with little verification of income. Many more affluent buyers used them for 1st and second homes. Sound familiar?
Tip of the iceberg with Indymac…
ParticipantAlt-A loans were made by many banks to buyers with better than subprime credit, but with little verification of income. Many more affluent buyers used them for 1st and second homes. Sound familiar?
Tip of the iceberg with Indymac…
ParticipantLate Summer of 08′ appears to be a good time to start nibbling around the edges in S.D. I am sure there are some deals to be had if you do your homework and find a motivated seller. As for L.A., Late Summer of 09′ and into early 2010 could be a time to buy Real Estate. Alt-A mortgages will have a huge effect. You can check out the price hits just starting to take significant drops below.
ParticipantLate Summer of 08′ appears to be a good time to start nibbling around the edges in S.D. I am sure there are some deals to be had if you do your homework and find a motivated seller. As for L.A., Late Summer of 09′ and into early 2010 could be a time to buy Real Estate. Alt-A mortgages will have a huge effect. You can check out the price hits just starting to take significant drops below.
ParticipantLate Summer of 08′ appears to be a good time to start nibbling around the edges in S.D. I am sure there are some deals to be had if you do your homework and find a motivated seller. As for L.A., Late Summer of 09′ and into early 2010 could be a time to buy Real Estate. Alt-A mortgages will have a huge effect. You can check out the price hits just starting to take significant drops below.
ParticipantLate Summer of 08′ appears to be a good time to start nibbling around the edges in S.D. I am sure there are some deals to be had if you do your homework and find a motivated seller. As for L.A., Late Summer of 09′ and into early 2010 could be a time to buy Real Estate. Alt-A mortgages will have a huge effect. You can check out the price hits just starting to take significant drops below.
ParticipantLate Summer of 08′ appears to be a good time to start nibbling around the edges in S.D. I am sure there are some deals to be had if you do your homework and find a motivated seller. As for L.A., Late Summer of 09′ and into early 2010 could be a time to buy Real Estate. Alt-A mortgages will have a huge effect. You can check out the price hits just starting to take significant drops below.
ParticipantAlt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. Pretty soon the top will begin bailing as price declines become more evident there too. Then we will have eating from the top and bottom. Classic collapse… Even the head of JP Morgan said “Prime looks terrible” the other day, noting a spike in defaults.
We need to look at trends for the future, not past results. It’s all about foreclosures. I’m afraid we are in unchartered territory.
ParticipantAlt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. Pretty soon the top will begin bailing as price declines become more evident there too. Then we will have eating from the top and bottom. Classic collapse… Even the head of JP Morgan said “Prime looks terrible” the other day, noting a spike in defaults.
We need to look at trends for the future, not past results. It’s all about foreclosures. I’m afraid we are in unchartered territory.
ParticipantAlt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. Pretty soon the top will begin bailing as price declines become more evident there too. Then we will have eating from the top and bottom. Classic collapse… Even the head of JP Morgan said “Prime looks terrible” the other day, noting a spike in defaults.
We need to look at trends for the future, not past results. It’s all about foreclosures. I’m afraid we are in unchartered territory.
ParticipantAlt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. Pretty soon the top will begin bailing as price declines become more evident there too. Then we will have eating from the top and bottom. Classic collapse… Even the head of JP Morgan said “Prime looks terrible” the other day, noting a spike in defaults.
We need to look at trends for the future, not past results. It’s all about foreclosures. I’m afraid we are in unchartered territory.
ParticipantAlt-A is the next big shoe to drop. Then, Prime. Real Estate Food chain is getting eaten from the bottom up. Pretty soon the top will begin bailing as price declines become more evident there too. Then we will have eating from the top and bottom. Classic collapse… Even the head of JP Morgan said “Prime looks terrible” the other day, noting a spike in defaults.
We need to look at trends for the future, not past results. It’s all about foreclosures. I’m afraid we are in unchartered territory.
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