***I'm snipping out the non-home stuff from this article. When everyone agrees that the market is improving, its too late to buy at the...
I guess the thrust of what I'm saying is that (maybe) we have been here before and its not too unique. We had really low interest rates in the...
Not true. I know some folks in ARM mortgages who could refinance them, but since their loan payment won't increase for a while, they are holding...
Theres a big rock out there right now that will pass by us in 10 years ago, swing around, and then pass by so close that it will be within about...
Here's a challenge for the perma bears. Post a chart of the foreclosure rate over the last 30 years or so, and compare it to today's rate. Not...
***Now that the media has torn down the real estate market, its time to build it back up. Thats the American way. We did it with Pete Rose,...
Bankrate.com Western real estate cools, with exceptions Monday April 2, 6:00 am ET Dana Dratch They don't call it the wild, wild...
Employment is good and rates are still low. Make up your own mind. By the time the media reports it, it is typically too late. SM
Area Construction Picking Up: Number of Building Permits Issued in Fresno and Madera Counties Climbs in February. Source: The Fresno Bee...
Usually don't post stuff about California since its an island unto itself, but... Housing Starts Pick Up Source: Oakland Tribune...
http://biz.yahoo.com/brn/070326/21330.html?.v=1&.pf=loans I know you get hit with a barrage of paperwork at closing at its hard to read it, but...
Maybe the home builders are reading all the crap in the newspapers so they've trimmed their construction crews and are focusing on selling...
Erring on the high side to keep inflation in check to thwart hyper inflation and keep demand for bonds (and therefore dollars) up. Low enough not...
Houses cheaper than cars in Detroit By Kevin Krolicki Mon Mar 19, 11:48 AM ET DETROIT (Reuters) - With bidding stalled on some of the...
Thank you. I was beginning to feel like the long ranger. SM
And how much has the value of commodities risen in the last 3 to 4 years? Lumber, Concrete, etc? The real estate prices were driven skyward by...
So how does the trend look when you're at the bottom?
Don't get me wrong. I do think that 1 or 2% of the population going bankrupt can (or has) had an effect on prices. It doesn't take much to upset...
Interesting stuff. I guess in concept, the plankton aren't so much the young couple new home buyers...instead they are the folks who used exotic...
***This article talks about California property, though it may be a surprise for Californians to realize that they aren't the center of the...
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