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peterb
ParticipantI think a lot of people are watching it very closely now. If it breaks $1040. It’ll be off to the races for it. I’d still keep my physical as insurance against the unknown. But the gold mining companies will sky rocket on this event.
peterb
ParticipantI think a lot of people are watching it very closely now. If it breaks $1040. It’ll be off to the races for it. I’d still keep my physical as insurance against the unknown. But the gold mining companies will sky rocket on this event.
peterb
ParticipantI think a lot of people are watching it very closely now. If it breaks $1040. It’ll be off to the races for it. I’d still keep my physical as insurance against the unknown. But the gold mining companies will sky rocket on this event.
peterb
ParticipantThis T2 Partners analysis is getting a lot of viewing since it was released. Resets may not be so bad if rates take a break.
But the studies that indicate people tend to dump their homes when they become upside down has got devistating consequences should it prove correct. The percentage of upside down mortgages in SD and around the country is in the 20-30 percentage point area.
peterb
ParticipantThis T2 Partners analysis is getting a lot of viewing since it was released. Resets may not be so bad if rates take a break.
But the studies that indicate people tend to dump their homes when they become upside down has got devistating consequences should it prove correct. The percentage of upside down mortgages in SD and around the country is in the 20-30 percentage point area.
peterb
ParticipantThis T2 Partners analysis is getting a lot of viewing since it was released. Resets may not be so bad if rates take a break.
But the studies that indicate people tend to dump their homes when they become upside down has got devistating consequences should it prove correct. The percentage of upside down mortgages in SD and around the country is in the 20-30 percentage point area.
peterb
ParticipantThis T2 Partners analysis is getting a lot of viewing since it was released. Resets may not be so bad if rates take a break.
But the studies that indicate people tend to dump their homes when they become upside down has got devistating consequences should it prove correct. The percentage of upside down mortgages in SD and around the country is in the 20-30 percentage point area.
peterb
ParticipantThis T2 Partners analysis is getting a lot of viewing since it was released. Resets may not be so bad if rates take a break.
But the studies that indicate people tend to dump their homes when they become upside down has got devistating consequences should it prove correct. The percentage of upside down mortgages in SD and around the country is in the 20-30 percentage point area.
peterb
ParticipantWorth a Pigg read as Mr. Hansen specifically analyzes our little part of the world:
http://www.fieldcheckgroup.com/2009/06/04/6-5-beware-real-estate-false-bottoms/peterb
ParticipantWorth a Pigg read as Mr. Hansen specifically analyzes our little part of the world:
http://www.fieldcheckgroup.com/2009/06/04/6-5-beware-real-estate-false-bottoms/peterb
ParticipantWorth a Pigg read as Mr. Hansen specifically analyzes our little part of the world:
http://www.fieldcheckgroup.com/2009/06/04/6-5-beware-real-estate-false-bottoms/peterb
ParticipantWorth a Pigg read as Mr. Hansen specifically analyzes our little part of the world:
http://www.fieldcheckgroup.com/2009/06/04/6-5-beware-real-estate-false-bottoms/peterb
ParticipantWorth a Pigg read as Mr. Hansen specifically analyzes our little part of the world:
http://www.fieldcheckgroup.com/2009/06/04/6-5-beware-real-estate-false-bottoms/peterb
ParticipantI think banks have a good idea these days about what their portfolios are really worth. Now their problem is how to unload them. I think this is why we have all the stalling going on right now from both the govt and the banks. Foreclosure moratoriums, non-processed NOD’s, etc….
There’s no avoiding reality if a transaction takes place that makes the property value come in-line with the market value. And they know this. Hence the delaying tactics. Kinda like a prisoner on death row. The appeals can go for a very long time. And almost all of them do it. -
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