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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (243725)	4/14/2010 9:39:28 PM
From: John Vosilla	Respond to of 306849

Not seeing any of those no qualifying, zero down, 1% option ARM's this cycle which I guess is a good thing? You go through all kind of hoops like 1995 to get low down FHA. Had one where I payed buyer closing costs and needed two appraisals totaling $850. Jeez thought we were in depression here. Oh well the Santa Barbara type weather we had for a few months is now long gone... Heat and humidity till Thanksgiving in 'paradise'... Breakout in the averages again most likely they won't crash it hard for the count until interest rates really move much higher and the economy is firing again on all cylinders.. Guess perma bears hope is for some staged minicrash late summer/early fall cause 2011 is the third year of the election cycle and we know what history tells us there. Look at the DOW charts and the last 10 years looks a lot like 1966-76