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real estate: More Downside to Come in Housing? - 07/05/11 07:51 PM
With all that has gone on over the past few years, one question many have is with regards to the housing market. When will it bounce back? Have we hit bottom yet? How far can things fall?
I took a look at some very interesting numbers, and what they indicate to me is that we still have a ways to go. Depending on factors such as interest rates, unemployment rates and the average annual income in America, we could be in for some additional pain. I don’t want to believe it, but some of the numbers are a bit scary.
Looking … (0 comments)
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real estate: Hope on the Horizon for the Real Estate Market? - 02/06/08 01:01 AM
I see a glimmer of hope in this economic stimulus package that is on the verge of being passed. It brings about the best news for the housing market in some time. In addition to the tax refunds that everyone seems to be focusing on, the increase in the conforming loan limits have been overlooked as a small matter. It most certainly is not. Currently, you have a secondary market with very little demand for jumbo loans. Except for the portfolio lenders, most companies who write your loan turn around and sell it on the secondary market. With less demand, and … (0 comments)
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