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March 14, 2008 at 9:11 AM in reply to: I think it’s pretty safe to say that Bear Streans is more or less finished. #169714March 14, 2008 at 9:11 AM in reply to: I think it’s pretty safe to say that Bear Streans is more or less finished. #169718
pencilneck
ParticipantFNM?
March 14, 2008 at 9:11 AM in reply to: I think it’s pretty safe to say that Bear Streans is more or less finished. #169740ParticipantFNM?
March 14, 2008 at 9:11 AM in reply to: I think it’s pretty safe to say that Bear Streans is more or less finished. #169817ParticipantFNM?
Participantdavelj probably knows a lot more about this than I do, but I read (in another article about Spitzer) that the $10k trigger is a popularly believed myth.
Participantdavelj probably knows a lot more about this than I do, but I read (in another article about Spitzer) that the $10k trigger is a popularly believed myth.
Participantdavelj probably knows a lot more about this than I do, but I read (in another article about Spitzer) that the $10k trigger is a popularly believed myth.
Participantdavelj probably knows a lot more about this than I do, but I read (in another article about Spitzer) that the $10k trigger is a popularly believed myth.
Participantdavelj probably knows a lot more about this than I do, but I read (in another article about Spitzer) that the $10k trigger is a popularly believed myth.
February 24, 2008 at 4:27 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159100ParticipantThis may be too obvious to even state but … remember inflation. We’ve already seen a 20% reduction in many areas during a year with an official inflation rate of 4.2%. And there are many critical of the official rate of inflation and say that inflation is much higher that the officially recorded number.
When adjusted for inflation a decline of 70% in many markets doesn’t seem at all improbable.
February 24, 2008 at 4:27 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159395ParticipantThis may be too obvious to even state but … remember inflation. We’ve already seen a 20% reduction in many areas during a year with an official inflation rate of 4.2%. And there are many critical of the official rate of inflation and say that inflation is much higher that the officially recorded number.
When adjusted for inflation a decline of 70% in many markets doesn’t seem at all improbable.
February 24, 2008 at 4:27 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159407ParticipantThis may be too obvious to even state but … remember inflation. We’ve already seen a 20% reduction in many areas during a year with an official inflation rate of 4.2%. And there are many critical of the official rate of inflation and say that inflation is much higher that the officially recorded number.
When adjusted for inflation a decline of 70% in many markets doesn’t seem at all improbable.
February 24, 2008 at 4:27 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159413ParticipantThis may be too obvious to even state but … remember inflation. We’ve already seen a 20% reduction in many areas during a year with an official inflation rate of 4.2%. And there are many critical of the official rate of inflation and say that inflation is much higher that the officially recorded number.
When adjusted for inflation a decline of 70% in many markets doesn’t seem at all improbable.
February 24, 2008 at 4:27 PM in reply to: Temperature Check for 2008 – Now how low do you think it will go? #159490ParticipantThis may be too obvious to even state but … remember inflation. We’ve already seen a 20% reduction in many areas during a year with an official inflation rate of 4.2%. And there are many critical of the official rate of inflation and say that inflation is much higher that the officially recorded number.
When adjusted for inflation a decline of 70% in many markets doesn’t seem at all improbable.
ParticipantExcellent thread.
How does this apply to fixers? I was looking at a property in the $350k range in a $600k neighborhood. Of course the propery is very run down and needs a lot of work.
If one improved the property I would assume the fair market value would be $600k? This doesn’t seem like any incentive to improve the property.
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