SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Beachside Bill who wrote (259012)9/4/2003 10:42:56 PM
From: Earlie  Read Replies (1) of 436258
 
BB:

I don't agree with your interpretation of the cycle. Housing has been fired into hyperspace as a result of cheap mortgage rates. Those rates have reversed (at least until "Big Al" finds another rabbit). Real estate may cool out much quicker than most folks think possible. Not that my home territory is reflective of the general scene, but it has been on fire until very recently. This past month, values actually turned down slightly.

In several areas of the US, the "carriage trade" real estate has also been cooling of late (residential demand tends to cool from the top down). A few months of increased interest rates could do considerable damage.

Best, Earlie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News