Dear readers - now is your chance. Welcome to the blog, and now let's hear from you.
Here's some ?'s for starters:
1) What % decline do you forsee in the US housing market over the next two years? (My guess: 30%)
2) Rate these in order of patheticness: * Realtors * Mortgage Lenders * Speculators * George Bush * Alan Greenspan
3) Question of the Day: Has the housing bubble already popped (nowhere but down?)
Enjoy!
November 06, 2005
The floor is yours - housing panic calls for its historic first comments
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9 comments:
1) What % decline do you forsee in the US housing market over the next two years? (My guess: 30%)
30% increase
2) Rate these in order of patheticness: * Realtors * Mortgage Lenders * Speculators * George Bush * Alan Greenspan
None of these are pathetic.
3) Question of the Day: Has the housing bubble already popped (nowhere but down?)
What housing bubble? There's no bubble.
oh, man, that's rich! must be a realtor. Best of luck though (you'll need it!)
1) 50% decline (gets us back to trendline)
2) bush, alan, realtors, lenders, speculators (wish I had speculated more - then got out)
3) pop.
A friend of mine in the real estate investment biz (buys and sells condos) told me this morning that he's selling everything he can - URGENTLY
It's scary out there for the pros. Even a guy like Trump is likely canceling whatever he can and selling quietly
1) What % decline do you forsee in the US housing market over the next two years? (My guess: 30%)
30% decrease nationwide: 50% in California, Boston, and Florida
2) Rate these in order of patheticness: * Realtors * Mortgage Lenders * Speculators * George Bush * Alan Greenspan
Speculators, Realtors, Mortgage leanders. The other two deserve too much respect to be called pathetic, even though I may not agree with all Greenspan's policies.
3) Question of the Day: Has the housing bubble already popped (nowhere but down?)
Absolutely. We may see some pockets of growth, but even the Titanic bobbed a few times before eventually sinking.
I disagree with the last poster - pathetic and incompetent are actually nicer words to describe bush and greenie. But then again, time will tell, and history will not be kind
40 to 50 percent overvalued by price to earnings ratios to rent comparable properties.
Don't listen to me. Sell at the same time as everyone else just like everyone buys together.
Europe raising interest rates to strengthen against the dollar. What will we do next to counteract their move???? 8%+ in 2006 9% 2007
You have a great website here, and I'm going to tell all my friends about it.
You have a great website here, and I'm going to tell all my friends about it.
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