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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (73563)4/27/2011 11:43:50 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217868
 
True what you write - the kicker is in a very oversold market, a stabilising of unemployment and a weak USD which will bing inflation and a tendency to again own RE properties



To: Jacob Snyder who wrote (73563)4/30/2011 10:12:10 AM
From: carranza2  Respond to of 217868
 
Agree.

In my estimation, residential RE is not the place to be. At least not now.

Mortgages are being underwritten very stringently now. 0r perhaps they are simply being underwritten appropriately when compared to pre-bust days. The effect, however, is the same for the pool of eligible buyers is undoubtedly substantially reduced. I don't see prices rising under the circumstances, at least for a very long time. That interest rates are going to go up in a year or so will also put pressure on RE.