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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (6166)8/24/2007 5:00:59 PM
From: SwingTrader2006  Respond to of 50135
 
HOME PRICES WILL CONTINUE TO TAKE A BEATING...

Think the FED cutting rates will save the US housing market from its continuing slide? The whole "we'll fund a loan to anyone that is breathing" era has come and gone...and now there's hell to pay. Home prices will continue to fall and more and more people will be upside down in their mortgages.

Let's look under the hood at what's REALLY going on:

ml-implode.com:80/

But don't fret about real estate (unless you are one of the dopes who bought over the past year)...'cause the stock market is gonna kick ass over the next year ++. Out of real estate...into stock market. Let's see a show of hands...who's buying real estate here? Are we waiting for more firesale prices over the next few years? I think so...