The Residential Real Estate Crash Index Message Board

STOCKTALK

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.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: koan	5/15/2009 3:22:08 PM
	Read Replies (1) of 306849

I am in real estate. One of the largest problems which has me very puzzled is that it has become much harder to get loans for qualified Buyers. It would be in the best interest of the country, IMO, if government were to ensure qualified borrows could buy. Mortgage insurance is one of the largest problems and if the government were to do guarantee the loans it would be a safe and easy way to help the problem. The banks are being very difficult as they got themselves into so much trouble. Lots of extra fees. The government could safely and greatly help, but does not seem to understand the problem? I remain puzzled by the lack of understanding on how government could safely assist this problem (like they did in insuring bank deposits FDIC). Despite all of the above, our market has made a strong turn around because of the low interest rates I guess. Other areas of the country like Oregon seem to be turning around as well although the demise of our manufacturing sector may spell a doomsday scenario going forward.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next