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peterb
Participant870’s the king. No doubt about it. Ask anyone who’s lived with one. Bang for the buck.
peterb
Participant870’s the king. No doubt about it. Ask anyone who’s lived with one. Bang for the buck.
peterb
Participant870’s the king. No doubt about it. Ask anyone who’s lived with one. Bang for the buck.
September 25, 2008 at 2:12 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275282peterb
ParticipantI think the OC dragged it’s feet quite a bit in the last cycle. The numbers are out there somewhere.
I would also guess that the coming Alt A and Prime/jumbo prime were higher dollar loans made in areas like the OC. These are now coming onto the radar screen. So Hang on. The show should start to get better soon.As a note: I was in Newport Beach in January of 1994 and there were nice 2 bdrm condo’s on the beach selling for $99K and hardly anyone was buying. I didnt. Wish I had.
September 25, 2008 at 2:12 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275533peterb
ParticipantI think the OC dragged it’s feet quite a bit in the last cycle. The numbers are out there somewhere.
I would also guess that the coming Alt A and Prime/jumbo prime were higher dollar loans made in areas like the OC. These are now coming onto the radar screen. So Hang on. The show should start to get better soon.As a note: I was in Newport Beach in January of 1994 and there were nice 2 bdrm condo’s on the beach selling for $99K and hardly anyone was buying. I didnt. Wish I had.
September 25, 2008 at 2:12 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275535peterb
ParticipantI think the OC dragged it’s feet quite a bit in the last cycle. The numbers are out there somewhere.
I would also guess that the coming Alt A and Prime/jumbo prime were higher dollar loans made in areas like the OC. These are now coming onto the radar screen. So Hang on. The show should start to get better soon.As a note: I was in Newport Beach in January of 1994 and there were nice 2 bdrm condo’s on the beach selling for $99K and hardly anyone was buying. I didnt. Wish I had.
September 25, 2008 at 2:12 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275584peterb
ParticipantI think the OC dragged it’s feet quite a bit in the last cycle. The numbers are out there somewhere.
I would also guess that the coming Alt A and Prime/jumbo prime were higher dollar loans made in areas like the OC. These are now coming onto the radar screen. So Hang on. The show should start to get better soon.As a note: I was in Newport Beach in January of 1994 and there were nice 2 bdrm condo’s on the beach selling for $99K and hardly anyone was buying. I didnt. Wish I had.
September 25, 2008 at 2:12 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275601peterb
ParticipantI think the OC dragged it’s feet quite a bit in the last cycle. The numbers are out there somewhere.
I would also guess that the coming Alt A and Prime/jumbo prime were higher dollar loans made in areas like the OC. These are now coming onto the radar screen. So Hang on. The show should start to get better soon.As a note: I was in Newport Beach in January of 1994 and there were nice 2 bdrm condo’s on the beach selling for $99K and hardly anyone was buying. I didnt. Wish I had.
September 25, 2008 at 1:07 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275247peterb
ParticipantI cannot wait to see the numbers in December!! Surely some kind of record will have been achieved!
I see more and more stories of people walking away just because dropping values have made them upside down. And we still have not seen the brunt of Alt A, prime/jumbo prime hit the fan yet. What a show!!September 25, 2008 at 1:07 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275498peterb
ParticipantI cannot wait to see the numbers in December!! Surely some kind of record will have been achieved!
I see more and more stories of people walking away just because dropping values have made them upside down. And we still have not seen the brunt of Alt A, prime/jumbo prime hit the fan yet. What a show!!September 25, 2008 at 1:07 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275500peterb
ParticipantI cannot wait to see the numbers in December!! Surely some kind of record will have been achieved!
I see more and more stories of people walking away just because dropping values have made them upside down. And we still have not seen the brunt of Alt A, prime/jumbo prime hit the fan yet. What a show!!September 25, 2008 at 1:07 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275549peterb
ParticipantI cannot wait to see the numbers in December!! Surely some kind of record will have been achieved!
I see more and more stories of people walking away just because dropping values have made them upside down. And we still have not seen the brunt of Alt A, prime/jumbo prime hit the fan yet. What a show!!September 25, 2008 at 1:07 PM in reply to: California Home Prices Drop Record 41% in August Amid Defaults #275567peterb
ParticipantI cannot wait to see the numbers in December!! Surely some kind of record will have been achieved!
I see more and more stories of people walking away just because dropping values have made them upside down. And we still have not seen the brunt of Alt A, prime/jumbo prime hit the fan yet. What a show!!September 25, 2008 at 11:16 AM in reply to: What would be decline price in San Diego with in 6 months? #275173peterb
ParticipantUnemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer since it’s getting worse with no sign of letting up. What else ya need to know?
Danger, Will Robinson.(For us old folks.)Back to the mother ship asap. -
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