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sdrealtor
ParticipantJWM
Dont know if that was directed at me but if it was. IMO House prices not only CAN go down, they HAVE gone down and WILL continue to go down for the next few years. The only thing I am uncertain of is how far and hopw fast.sdr
ParticipantMatt,
Saying housing only averages the same rate of return as inflation completely ignores the impact of leverage. The returns on housing have historically been so great because of the leverage and tax benefits associated with that leverage.sdr
ParticipantMatt,
Saying housing only averages the same rate of return as inflation completely ignores the impact of leverage. The returns on housing have historically been so great because of the leverage and tax benefits associated with that leverage.sdr
ParticipantMatt,
Saying housing only averages the same rate of return as inflation completely ignores the impact of leverage. The returns on housing have historically been so great because of the leverage and tax benefits associated with that leverage.sdr
ParticipantUpdate time!
Countywide we are at 18,955 essentially flat from 18,975 last week and the same as it was 2 weeks ago. Inventory bounced up and down the last couple days dropping as much as 200. It looks like my expectation that we had hit the seasonal inventory peak was on target. For inventory to increase now we will need a big uptrend in distress sales.
Speaking of which, Short sales 3,469 up from 3,361 last week. No end in sight here.
Artifacts graphs should start looking alittle different from here on out. Looking forward to seeing them.
ParticipantUpdate time!
Countywide we are at 18,955 essentially flat from 18,975 last week and the same as it was 2 weeks ago. Inventory bounced up and down the last couple days dropping as much as 200. It looks like my expectation that we had hit the seasonal inventory peak was on target. For inventory to increase now we will need a big uptrend in distress sales.
Speaking of which, Short sales 3,469 up from 3,361 last week. No end in sight here.
Artifacts graphs should start looking alittle different from here on out. Looking forward to seeing them.
ParticipantUpdate time!
Countywide we are at 18,955 essentially flat from 18,975 last week and the same as it was 2 weeks ago. Inventory bounced up and down the last couple days dropping as much as 200. It looks like my expectation that we had hit the seasonal inventory peak was on target. For inventory to increase now we will need a big uptrend in distress sales.
Speaking of which, Short sales 3,469 up from 3,361 last week. No end in sight here.
Artifacts graphs should start looking alittle different from here on out. Looking forward to seeing them.
ParticipantTrust me when I say you cant find it on the other coast.
ParticipantTrust me when I say you cant find it on the other coast.
ParticipantTrust me when I say you cant find it on the other coast.
ParticipantIt was a jumbo from a lender that always has been conservative and should have limited exposure to the mess. They never did Option ARMS or 2/28’s. Most of their loans are 30 year, 15 year, 10/1 and 5/1 arm to high quality borrowers.
ParticipantIt was a jumbo from a lender that always has been conservative and should have limited exposure to the mess. They never did Option ARMS or 2/28’s. Most of their loans are 30 year, 15 year, 10/1 and 5/1 arm to high quality borrowers.
ParticipantIt was a jumbo from a lender that always has been conservative and should have limited exposure to the mess. They never did Option ARMS or 2/28’s. Most of their loans are 30 year, 15 year, 10/1 and 5/1 arm to high quality borrowers.
ParticipantJJ,
We are pretty much in the same boat having bought my current primary around the same time. I share you lack of concern re the value of my house because I know it will always perform better than the market around me for a variety of reasons. I doubt that I would ever sell my house and am really looking to buy 2 more properties. One just like the one I have (so that my kids will each get one) and another by the beach for me and the Mrs. to retire to. Whether the kids ultimately decide to keep them will be their choice but they would both be great rentals or primaries with very low tax basis.I always look 10 to 20 years ahead in my decision making.
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