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SD Realtor
ParticipantHerewego –
How much money can the Fed print? GSE is the key word here man… you know what I am saying? The problem is that you are applying logic and free market behavior to something that is increasingly becoming subsidized in a somewhat occlusive manner. At some point, maybe long ago, maybe not long ago, I would surmise that many people realized that we were at a point of no return and then the thought processes changed. Rather then worrying about personal liability on the ledger sheets of institutions, I believe the thought processes realized that federal intervention will essentially occur because there was simply to much to lose. The complexities of this bubble were so over and above previous bubbles that it really did not matter anymore. What we are seeing is something that everyone knew would have to occur, yet nobody knew how it would manifest itself.
Again, I doubt that it will stave off the process but actually make it worse, cost alot more to the taxpayers in the long run, and convolute everything. However it will also help to provide stimulus and slow things down depending on where the market is that is being discussed. Hard to say how it will affect our market in SD… in some ways I do agree with you but in others I am not sure. I mean it is crazy for me right now. I have no clue why I should be as busy as I am but it is true. If these people had another 300k of GSE backed limits to work with for the financing which could mean an extra point or half point that would help them. My main strategy is how to keep my wife from putting me through the lets buy now ringer round 7.
FLU you didn’t have to qualify your statement and I could not agree with you more. My analogy to your statement would be if I am gonna take in in the -ss with my taxes at least uncle sam can give me a reach around right? We are in the same boat my friend so a program that will help me is at least more palatable then all those that do not.
SD Realtor
ParticipantHerewego –
How much money can the Fed print? GSE is the key word here man… you know what I am saying? The problem is that you are applying logic and free market behavior to something that is increasingly becoming subsidized in a somewhat occlusive manner. At some point, maybe long ago, maybe not long ago, I would surmise that many people realized that we were at a point of no return and then the thought processes changed. Rather then worrying about personal liability on the ledger sheets of institutions, I believe the thought processes realized that federal intervention will essentially occur because there was simply to much to lose. The complexities of this bubble were so over and above previous bubbles that it really did not matter anymore. What we are seeing is something that everyone knew would have to occur, yet nobody knew how it would manifest itself.
Again, I doubt that it will stave off the process but actually make it worse, cost alot more to the taxpayers in the long run, and convolute everything. However it will also help to provide stimulus and slow things down depending on where the market is that is being discussed. Hard to say how it will affect our market in SD… in some ways I do agree with you but in others I am not sure. I mean it is crazy for me right now. I have no clue why I should be as busy as I am but it is true. If these people had another 300k of GSE backed limits to work with for the financing which could mean an extra point or half point that would help them. My main strategy is how to keep my wife from putting me through the lets buy now ringer round 7.
FLU you didn’t have to qualify your statement and I could not agree with you more. My analogy to your statement would be if I am gonna take in in the -ss with my taxes at least uncle sam can give me a reach around right? We are in the same boat my friend so a program that will help me is at least more palatable then all those that do not.
SD Realtor
ParticipantHerewego –
How much money can the Fed print? GSE is the key word here man… you know what I am saying? The problem is that you are applying logic and free market behavior to something that is increasingly becoming subsidized in a somewhat occlusive manner. At some point, maybe long ago, maybe not long ago, I would surmise that many people realized that we were at a point of no return and then the thought processes changed. Rather then worrying about personal liability on the ledger sheets of institutions, I believe the thought processes realized that federal intervention will essentially occur because there was simply to much to lose. The complexities of this bubble were so over and above previous bubbles that it really did not matter anymore. What we are seeing is something that everyone knew would have to occur, yet nobody knew how it would manifest itself.
Again, I doubt that it will stave off the process but actually make it worse, cost alot more to the taxpayers in the long run, and convolute everything. However it will also help to provide stimulus and slow things down depending on where the market is that is being discussed. Hard to say how it will affect our market in SD… in some ways I do agree with you but in others I am not sure. I mean it is crazy for me right now. I have no clue why I should be as busy as I am but it is true. If these people had another 300k of GSE backed limits to work with for the financing which could mean an extra point or half point that would help them. My main strategy is how to keep my wife from putting me through the lets buy now ringer round 7.
FLU you didn’t have to qualify your statement and I could not agree with you more. My analogy to your statement would be if I am gonna take in in the -ss with my taxes at least uncle sam can give me a reach around right? We are in the same boat my friend so a program that will help me is at least more palatable then all those that do not.
SD Realtor
ParticipantLet’s see….
Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
ParticipantLet’s see….
Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
ParticipantLet’s see….
Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
ParticipantLet’s see….
Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
ParticipantLet’s see….
Didn’t someone recently make a comment about nationalization of housing?
If anyone thinks this is a good thing then I would heartily disagree. Those who keep thinking that nothing can be done to stop the depreciation cycle may be correct. Yet moves like this, political incentivization programs and the likes will indeed drag the cycle out a heck of alot longer.
Death by a thousand arrows guys.
*******
Like others, this would help me bigtime. The better rate I can get and lower payment I can get, all the better. I would take it in a minute. Yet to think that this is not anything but further subsidization of the market by our government is foolish. So basically in a roundabout manner, your taxes insure more and more crap and higher limits! Hooray!
ParticipantThe only way mortgage rates will remain low is if mortgages are nationalized…..
hehehehe…
fearful one may argue we are already halfway there with the FHA and such… and just wait until hillary is the president…
in the immortal words of keith jackson… whooooooaaaa nelly!
SD Realtor
ParticipantThe only way mortgage rates will remain low is if mortgages are nationalized…..
hehehehe…
fearful one may argue we are already halfway there with the FHA and such… and just wait until hillary is the president…
in the immortal words of keith jackson… whooooooaaaa nelly!
SD Realtor
ParticipantThe only way mortgage rates will remain low is if mortgages are nationalized…..
hehehehe…
fearful one may argue we are already halfway there with the FHA and such… and just wait until hillary is the president…
in the immortal words of keith jackson… whooooooaaaa nelly!
SD Realtor
ParticipantThe only way mortgage rates will remain low is if mortgages are nationalized…..
hehehehe…
fearful one may argue we are already halfway there with the FHA and such… and just wait until hillary is the president…
in the immortal words of keith jackson… whooooooaaaa nelly!
SD Realtor
ParticipantThe only way mortgage rates will remain low is if mortgages are nationalized…..
hehehehe…
fearful one may argue we are already halfway there with the FHA and such… and just wait until hillary is the president…
in the immortal words of keith jackson… whooooooaaaa nelly!
SD Realtor
ParticipantChargersin09 –
I live right around the corner from stonebridge. Rather then talk about unique floorplans and such I would rather just give a general analysis. First off I would point out to you that there have been more then a few distressed sales in Stonebridge. I expect that trend to absolutely continue.
One of the things I notice about posts that solicit opinions about particular locations or developments is that responses tend to carry a more negative bias then positive. I think it is always easier to find fault with a location/development then not. The bottom line is that in many cases these are all opinions more then anything else. There are sometimes more factual points brought out and those are helpful. Yet I cannot help but think in some cases lurkers or others will not post for fear of being slammed.
That said, my overall opinion of Stonebridge is simply nyah…I can take it or leave it but for the money I think I would rather live on the south side of Pomerado in Old Scripps. Stonebridge is a bit to wide open for me and it is far off from 15. I get on Pomerado at Semillon and I curse the commute each day. So if I were farther back where Stonebridge is that simply would not suit me. As for the distressed sales that is 100% factual. In each of these cases that you mentioned I am sure you could get a very good deal if you have patience and are not afraid to walk away from a deal here and there.
Miramar is not a big deal. As far as the brush goes again, I don’t see much of an issue there. If you are on the canyon it obviously behooves you to keep your slope clear.
As far as my opinions above they are only that… just opinions. Please don’t take them for anything else other then that. I think if you like Stonebridge then by all means go for it. I do believe it will depreciate but so will other comparable areas. Anyways just make sure you get the best deal possible.
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