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April 11, 2010 at 10:43 AM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #538261April 11, 2010 at 10:43 AM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #538729
peterb
ParticipantIf accurate, this may be the coming trend for mortgage holders:
http://www.irvinehousingblog.com/blog/comments/bank-of-america-to-increase-foreclosure-rate-by-600-in-2010/April 11, 2010 at 10:43 AM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #538824ParticipantIf accurate, this may be the coming trend for mortgage holders:
http://www.irvinehousingblog.com/blog/comments/bank-of-america-to-increase-foreclosure-rate-by-600-in-2010/April 11, 2010 at 10:43 AM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #539091ParticipantIf accurate, this may be the coming trend for mortgage holders:
http://www.irvinehousingblog.com/blog/comments/bank-of-america-to-increase-foreclosure-rate-by-600-in-2010/March 29, 2010 at 10:11 AM in reply to: Lower Home Prices Can Fix What Government Can’t: Caroline Baum #532863ParticipantFor any market to function freely, you need sellers and buyers that can willingly execute their part of the transaction. The fact that inventory is gone down so much indicates that there may be a real problem for people that want to sell, but may not be able to execute for a number of reasons.
It appears that having a system that has so much govt employment and govt intervention (Subsidizing) is skewing the markets’ reaction time. If govts have to start cutting back due to budget imbalances, this will have to effect the real estate market as well. The long bond rising will also cause problems. Both these issues seem to be evolving at this time.March 29, 2010 at 10:11 AM in reply to: Lower Home Prices Can Fix What Government Can’t: Caroline Baum #532991ParticipantFor any market to function freely, you need sellers and buyers that can willingly execute their part of the transaction. The fact that inventory is gone down so much indicates that there may be a real problem for people that want to sell, but may not be able to execute for a number of reasons.
It appears that having a system that has so much govt employment and govt intervention (Subsidizing) is skewing the markets’ reaction time. If govts have to start cutting back due to budget imbalances, this will have to effect the real estate market as well. The long bond rising will also cause problems. Both these issues seem to be evolving at this time.March 29, 2010 at 10:11 AM in reply to: Lower Home Prices Can Fix What Government Can’t: Caroline Baum #533442ParticipantFor any market to function freely, you need sellers and buyers that can willingly execute their part of the transaction. The fact that inventory is gone down so much indicates that there may be a real problem for people that want to sell, but may not be able to execute for a number of reasons.
It appears that having a system that has so much govt employment and govt intervention (Subsidizing) is skewing the markets’ reaction time. If govts have to start cutting back due to budget imbalances, this will have to effect the real estate market as well. The long bond rising will also cause problems. Both these issues seem to be evolving at this time.March 29, 2010 at 10:11 AM in reply to: Lower Home Prices Can Fix What Government Can’t: Caroline Baum #533539ParticipantFor any market to function freely, you need sellers and buyers that can willingly execute their part of the transaction. The fact that inventory is gone down so much indicates that there may be a real problem for people that want to sell, but may not be able to execute for a number of reasons.
It appears that having a system that has so much govt employment and govt intervention (Subsidizing) is skewing the markets’ reaction time. If govts have to start cutting back due to budget imbalances, this will have to effect the real estate market as well. The long bond rising will also cause problems. Both these issues seem to be evolving at this time.March 29, 2010 at 10:11 AM in reply to: Lower Home Prices Can Fix What Government Can’t: Caroline Baum #533799ParticipantFor any market to function freely, you need sellers and buyers that can willingly execute their part of the transaction. The fact that inventory is gone down so much indicates that there may be a real problem for people that want to sell, but may not be able to execute for a number of reasons.
It appears that having a system that has so much govt employment and govt intervention (Subsidizing) is skewing the markets’ reaction time. If govts have to start cutting back due to budget imbalances, this will have to effect the real estate market as well. The long bond rising will also cause problems. Both these issues seem to be evolving at this time.ParticipantHey, it’s a collateralized loan. So no one gets hurt, right? Borrower doesnt pay, lender takes the collateral. It’s all good.
ParticipantHey, it’s a collateralized loan. So no one gets hurt, right? Borrower doesnt pay, lender takes the collateral. It’s all good.
ParticipantHey, it’s a collateralized loan. So no one gets hurt, right? Borrower doesnt pay, lender takes the collateral. It’s all good.
ParticipantHey, it’s a collateralized loan. So no one gets hurt, right? Borrower doesnt pay, lender takes the collateral. It’s all good.
ParticipantHey, it’s a collateralized loan. So no one gets hurt, right? Borrower doesnt pay, lender takes the collateral. It’s all good.
ParticipantI remember talking about this a year or so back. It wont be long before people that dont “walk away” will be considered suckers. This public opinion is becoming more main stream every day.
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