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Multiplepropertyowner
ParticipantWhile it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
ParticipantWhile it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
ParticipantWhile it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
ParticipantWhile it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
ParticipantWhile it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
Participant“Even IF the bottom is here, how long of a flatline. I seriously doubt the chart is going to be a V”
I think you are on the right track jpinpb. I am thinking we could be flat for at least 3 years, but that all depends on how many people are sitting on the sideline, and if credit markets loosen up, then there could be a mini buying spree. My call is a possible slight bump of 1% in housing prices in the next 18 months, and then flat for 3 years, but I think the Fed has done a lot to calm the avg. buyer. Tomorrow will be a big day as Paulson speaks on housing and credit markets and March housing starts are released.
Participant“Even IF the bottom is here, how long of a flatline. I seriously doubt the chart is going to be a V”
I think you are on the right track jpinpb. I am thinking we could be flat for at least 3 years, but that all depends on how many people are sitting on the sideline, and if credit markets loosen up, then there could be a mini buying spree. My call is a possible slight bump of 1% in housing prices in the next 18 months, and then flat for 3 years, but I think the Fed has done a lot to calm the avg. buyer. Tomorrow will be a big day as Paulson speaks on housing and credit markets and March housing starts are released.
Participant“Even IF the bottom is here, how long of a flatline. I seriously doubt the chart is going to be a V”
I think you are on the right track jpinpb. I am thinking we could be flat for at least 3 years, but that all depends on how many people are sitting on the sideline, and if credit markets loosen up, then there could be a mini buying spree. My call is a possible slight bump of 1% in housing prices in the next 18 months, and then flat for 3 years, but I think the Fed has done a lot to calm the avg. buyer. Tomorrow will be a big day as Paulson speaks on housing and credit markets and March housing starts are released.
Participant“Even IF the bottom is here, how long of a flatline. I seriously doubt the chart is going to be a V”
I think you are on the right track jpinpb. I am thinking we could be flat for at least 3 years, but that all depends on how many people are sitting on the sideline, and if credit markets loosen up, then there could be a mini buying spree. My call is a possible slight bump of 1% in housing prices in the next 18 months, and then flat for 3 years, but I think the Fed has done a lot to calm the avg. buyer. Tomorrow will be a big day as Paulson speaks on housing and credit markets and March housing starts are released.
Participant“Even IF the bottom is here, how long of a flatline. I seriously doubt the chart is going to be a V”
I think you are on the right track jpinpb. I am thinking we could be flat for at least 3 years, but that all depends on how many people are sitting on the sideline, and if credit markets loosen up, then there could be a mini buying spree. My call is a possible slight bump of 1% in housing prices in the next 18 months, and then flat for 3 years, but I think the Fed has done a lot to calm the avg. buyer. Tomorrow will be a big day as Paulson speaks on housing and credit markets and March housing starts are released.
ParticipantEX-SD,
Why be a %$##$*? With comments like that, I stoked you are an ex-San Diegan.
MPOParticipantEX-SD,
Why be a %$##$*? With comments like that, I stoked you are an ex-San Diegan.
MPOParticipantEX-SD,
Why be a %$##$*? With comments like that, I stoked you are an ex-San Diegan.
MPOParticipantEX-SD,
Why be a %$##$*? With comments like that, I stoked you are an ex-San Diegan.
MPO -
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