Housing Market Woahs: loandudefromsac

Many people have been saying that there is a bubble in the housing market. If there is I think we are very close to the pop. Primarily due to supply and demand.

2.4 million foreclosure on the horizon =more supply
This may cause the ball to just start rolling, with many borrower with over 80% financing, they may be stuck due to depreciation in there house, and be forced to foreclose or stay. = more supply

new home builders still building= more supply

lenders going out of business and guideline changes for getting a loan has change so significantly, 10-25% of those that could buy, now can't= less demand

Interest rates should move


Advertisement

up soon. They have been the lowest they ever have been for four years, Greenspan has received some blame for making them too low, a new president means new economic policy. Higher rates less people can afford= less demand

Even if rates do not go up, profit margins will be increased by lenders, due to buy backs and correcting themselves from the recent loan free for all = less demand.

www.lenderimplode.com
These factors add up to a possible scary scenario. Hope this does not mean anything. Must See graph http://www.speculativebubble.com/images/homevalues1.gif />

Note: -Loan Officer/ REALTOR in Sacramento CA.

Word Cloud:
have million less close business must some means anything. backs just loan supply those /> new market depreciation woahs low, can't= /> interest rolling, /> even financing, president higher' style='font-size:10px;color:#333'>href='http://www.freddiemac.com/pmms/pmms30.htm'>higher policy. think horizon scary /> these 2.4' style='font-size:10px;color:#333'>href='http://money.cnn.com/galleries/2007/real_estate/0704/gallery.paly_the_subprime_blame_game/index.html'>2.4 saying href='http://www.speculativebubble.com/images/homevalues1.gif 10-25% foreclosure guideline foreclose free afford= changes lowest been mean http://www.speculativebubble.com/images/homevalues1.gif' style='font-size:10px;color:#333'>target='_blank'>http://www.speculativebubble.com/images/homevalues1.gif forced going cause more borrower them getting www.lenderimplode.com' style='font-size:10px;color:#333'>target='_blank'>www.lenderimplode.com pop. received could four =more margins this auto-link correcting house, home greenspan start rates stay. blame demand. will factors bubble /> this hope increased making years, should possible people scenario. /> lenders href='http://www.lenderimplode.com' market. many housing profit there lenders, change graph ball does move significantly, demand ever building= with very economic soon. builders stuck bbcode recent' style='font-size:10px;color:#333'>href='http://biz.yahoo.com/ap/070409/american_home_mortgage_out_of_the_gate.html?.v=2'>recent primarily themselves still over that' style='font-size:10px;color:#333'>href='http://money.cnn.com/2007/04/05/real_estate/rates.moneymag/index.htm?postversion=2007040516'>that they buy,

The #1Real Estate InvestingCommunity

Housing Market Woahs

The #1
Real Estate Investing
Community