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SHILOH
Participantwith the next spike in resets coming in 2011
After this coming 2008 reset, since we are entering a credit/housing bust-driven recession…
could those scheduled 2011 resets also end up in forclosure before that? If we continue to lose inflated payscale jobs… If this market begins to recover around 2009 —how many more ARM forclosures will be dumped into the market…Last night the local Boston TV news did a somewhat balanced short piece on the glut of inventory “out there” in Boston metro — staying on the market for extended time…but a “great time to buy” if you don’t have a house to sell..and even better by this Spring, if you are a “qualified” buyer.
The above inferences combined with the baby boomers retiring over the next decade (as has been noted by astute observers) would seem to indicate a drop in either demand or ability to buy.
Who is going to buy all that inventory.
Participantwith the next spike in resets coming in 2011
After this coming 2008 reset, since we are entering a credit/housing bust-driven recession…
could those scheduled 2011 resets also end up in forclosure before that? If we continue to lose inflated payscale jobs… If this market begins to recover around 2009 —how many more ARM forclosures will be dumped into the market…Last night the local Boston TV news did a somewhat balanced short piece on the glut of inventory “out there” in Boston metro — staying on the market for extended time…but a “great time to buy” if you don’t have a house to sell..and even better by this Spring, if you are a “qualified” buyer.
The above inferences combined with the baby boomers retiring over the next decade (as has been noted by astute observers) would seem to indicate a drop in either demand or ability to buy.
Who is going to buy all that inventory.
Participantwith the next spike in resets coming in 2011
After this coming 2008 reset, since we are entering a credit/housing bust-driven recession…
could those scheduled 2011 resets also end up in forclosure before that? If we continue to lose inflated payscale jobs… If this market begins to recover around 2009 —how many more ARM forclosures will be dumped into the market…Last night the local Boston TV news did a somewhat balanced short piece on the glut of inventory “out there” in Boston metro — staying on the market for extended time…but a “great time to buy” if you don’t have a house to sell..and even better by this Spring, if you are a “qualified” buyer.
The above inferences combined with the baby boomers retiring over the next decade (as has been noted by astute observers) would seem to indicate a drop in either demand or ability to buy.
Who is going to buy all that inventory.
Participantwith the next spike in resets coming in 2011
After this coming 2008 reset, since we are entering a credit/housing bust-driven recession…
could those scheduled 2011 resets also end up in forclosure before that? If we continue to lose inflated payscale jobs… If this market begins to recover around 2009 —how many more ARM forclosures will be dumped into the market…Last night the local Boston TV news did a somewhat balanced short piece on the glut of inventory “out there” in Boston metro — staying on the market for extended time…but a “great time to buy” if you don’t have a house to sell..and even better by this Spring, if you are a “qualified” buyer.
The above inferences combined with the baby boomers retiring over the next decade (as has been noted by astute observers) would seem to indicate a drop in either demand or ability to buy.
Who is going to buy all that inventory.
ParticipantWho makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.ParticipantWho makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.ParticipantWho makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.ParticipantWho makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.ParticipantWho makes 45K and drives a B-mer? It’s unaffordable.
The overgeneralization…as was stated.January 30, 2008 at 2:03 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145354ParticipantIf that’s the state of affairs in Temecula now, what is going to happen to prices as more inventory emerges?
will these lower interest rates make any difference –like before, or has the lending really tightened up?
Are there enough buyers to soak up the inventory?
January 30, 2008 at 2:03 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145595ParticipantIf that’s the state of affairs in Temecula now, what is going to happen to prices as more inventory emerges?
will these lower interest rates make any difference –like before, or has the lending really tightened up?
Are there enough buyers to soak up the inventory?
January 30, 2008 at 2:03 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145623ParticipantIf that’s the state of affairs in Temecula now, what is going to happen to prices as more inventory emerges?
will these lower interest rates make any difference –like before, or has the lending really tightened up?
Are there enough buyers to soak up the inventory?
January 30, 2008 at 2:03 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145635ParticipantIf that’s the state of affairs in Temecula now, what is going to happen to prices as more inventory emerges?
will these lower interest rates make any difference –like before, or has the lending really tightened up?
Are there enough buyers to soak up the inventory?
January 30, 2008 at 2:03 PM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145696ParticipantIf that’s the state of affairs in Temecula now, what is going to happen to prices as more inventory emerges?
will these lower interest rates make any difference –like before, or has the lending really tightened up?
Are there enough buyers to soak up the inventory?
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