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


To: Think4Yourself who wrote (76276)4/18/2007 4:55:54 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
If you had a family (maybe you do) and were contemplating a move, how would you handle it? I'm thinking about trying to get our house on the market ASAP, but dragging my heels on the purchase end. Since we are planning on upsizing a fair amount, I think delaying the move as long as possible is likely the best route. Unfortunately the market here in Portland seems to be lagging the rest of the country in going into the crapper.

It would be a *huge* pain in the butt to move into a rental temporarily, but I could put up with a fair amount of hassle in order to save $50K...

BC



To: Think4Yourself who wrote (76276)4/18/2007 4:57:36 PM
From: MulhollandDriveRespond to of 306849
 
i will say, i am not entirely convinced at all that the lenders will significantly tighten lending standards as they survive off of loan origination fees, otoh, congress might do it for them and was amazed at the 'innovative products' they were able to come up to keep this bubble up in the air as long as they did<ng>

way too premature to say the bottom is in because the enabling factor that caused buyers to stretch in beyond their means may be drying up

no more cherry pickers qualifying for $700k loans