Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (24123)	11/10/2009 2:14:32 PM
From: Real Man	Read Replies (1) \| Respond to of 71463

I think there will be another ugly wave into Fall 2011 Options Arms resets, then it will be over with. Due to start some time next year, when the stimulus runs out. A working hypothesis. Due to the Fed rapidly debasing our currency, the net result remains unknown, even to the Fed. usdcrisis.com

To: steve susko who wrote (24123)	11/11/2009 1:37:31 PM
From: IngotWeTrust	Respond to of 71463

that's one take re: your statistic reference point. Another thing to keep in mind is this: every foreclosure is recorded as a "sale" (as it is a "sale back to the bank) i.e., on the courthouse steps as it were. This is a well known but highly discounted logical reality/fact according to those who keep such statistics. It is entirely possible the 'median price' has more to do with more expensive homes being walked away from than it has to do with current demand--regardless of incentive--driving up the "median" price point to which you refer. >>steve susko wrote: (T)he federal tax credit, recently expanded to next April for first time as well as existing homeowners, has for the most part, rescued the real estate market. The median price market has started to move up in price again in recent months.