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pokepud3
4 years ago

Thanks for the update. It
Thanks for the update. It does seem last year’s stat and price drops around this time were solely based on the interest rate increase. We’ve since backpedaled on that and we do see this softening but it’s not like last year where no one was putting offers for a good month on anything. (well except me of course, lol. sadly my lowballs didn’t catch)

phaster
4 years ago

WRT to market prices for
WRT to market prices for residential RE,… thought this was interesting

Why the 2008 Housing Crisis Recovery Is Just an Illusion (w/ Keith Jurow)
http://www.youtube.com/watch?v=GFkkN2M3Y3c

gzz
gzz
4 years ago

Trump admin enticing banks to
Trump admin enticing banks to make more FHA loans.

https://www.reuters.com/article/us-usa-housing-banks/trump-administration-eases-risks-for-banks-on-false-lending-claims-idUSKBN1X723A

These are 3% down loans to borrowers with lower incomes and credit scores.

spdrun
4 years ago
Reply to  gzz

3% down has been a thing for
3% down has been a thing for a while, started again after Mel “the Skell” Watt took over FHFA.