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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (1126)12/6/2001 3:02:32 PM
From: Robert DouglasRead Replies (1) | Respond to of 306849
 
Price of the house doesn't matter...

LOL! That's what many equity analysts were saying when the NAZ was 5000.



To: Tradelite who wrote (1126)12/9/2001 11:15:24 AM
From: OblomovRead Replies (1) | Respond to of 306849
 
TL, RE conforming loan limit increase: true, but for qualified credit only. I think that the hike in the conforming loan limit was motivated only in part by rising prices. Another factor is the decline in average credit quality, especially at the lower end of the market.