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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Joe Stocks who wrote (87511)10/10/2007 9:54:28 AM
From: loantech  Respond to of 110194
 
<Without the return of the risky exotic mortgages that brought many more homebuyers into the market I would disagree.>

Absolutely correct. In addition jumbo money over 417,000 is more difficult to get.

Maybe 25-40% cut in new home loan qualifiers.



To: Joe Stocks who wrote (87511)10/10/2007 10:35:08 AM
From: Real Man  Read Replies (1) | Respond to of 110194
 
Don't count on it thou - got foreign demand in FL? Pound is
flying high, these Miami condos are dirt cheap compared to RE
prices in London. Foreign dollar holders might consider swapping
their holdings for some tangible assets in the US, such as RE.
Besides, that RE chart does look so horrible, it's almost time
for a bounce. I'm not saying a cure. -g-


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