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

To: fatty who wrote (12077)8/5/2003 11:17:59 PM
From: MSIRespond to of 306849
 
"The only reason that mortgage delinquencies aren't soaring in the entire country is that house prices are still rising," Mr. Zandi said.

That phase is over, imo



To: fatty who wrote (12077)8/5/2003 11:26:31 PM
From: GraceZRespond to of 306849
 
What kills me is that this guy seems to think housing inflation is somehow desirable. I guess it is if you want to sell your inflated CA or NJ house and move to Ft. Wayne. Frankly I'd rather live somewhere where I can save something after I pay the damned mortgage payment and my money buys the kind of house I want to live in.


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