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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (86442)8/21/2007 4:08:55 PM
From: John VosillaRead Replies (1) of 306849
 
'i believe the late 90's early 2000's is when this stuff really began to ratchet up'

I remember credit conditions becoming less restrictive by 1998. I would hardly call that easy but more a return to normal after very tight credit conditions the first half of the 1990's. The zero down, stated income no doc loan with 1% option ARM's and rampant speculation didn't really reach broad appeal till 2003-04..
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