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.
Non-Tech : Investing in Real Estate - Creative Opportunities
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: peter michaelson who wrote (558)5/6/2012 12:29:14 PM
From: Smart_Asset  Read Replies (1) of 2722
 
<<As the bottom appears to be in, generally, I think the buying is about to begin.

What do you guys think?>>

Mr Kinchen has an opposing view on both counts.

huntingtonnews.net

" Instead foreclosure processing delays in 2011 have artificially exaggerated what would have been a slow, natural decrease in foreclosure activity off the foreclosure peak of 2010. This artificial trough in foreclosure activity in 2011 will result in a corresponding double-peak in 2012."


"Resurging foreclosure activity in 2012 will look less like a tsunami and more like a series of smaller waves rolling into shore over the course of the year — which should allow the market to absorb this inventory without another 20 or 30 percent hit to home prices. Still, the steady influx of foreclosure activity will also keep home prices from appreciating substantially during the year."


My own near term experience(owner/broker) in sales and property management indicate that both Fannie and Freddie have streamlined the process resulting in a very low inventory coupled with historically low interest rates that make a market that currently favors the seller but, given the raw numbers suggested in the article above, could swing violently in favor of buyers again.


IMO the possibility of sustained monthly increasing home values is very low. A mix of foreclosures with distressed properties with baby boom demographics(selling) with the effects of gasoline prices and high unemployment is a bitter recipe.

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