http://inflation.us/
After doing research on Loan Modification Default Rates and Shadow Inventory Rates i am in shock. This is very serious people. I feel very bad for all the responsible people who have been paying on their loans like clockwork hoping to use equity to subsidize their retirement. Can anyone say “poof”
Links
http://www.mgic.com/servicing/hamp_gse.html
http://mhanson.com/archives/242
Duration : 0:4:13
[youtube tytAPhm5oJo]
February 23rd, 2010 at 12:17 pm
BIRDDOG ALERT: I’m …
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
February 23rd, 2010 at 12:17 pm
the real estate …
the real estate call center in san antonio 210-286-9289 sees a drop in house prices
February 23rd, 2010 at 12:17 pm
George is right on …
George is right on with this information. The decline is gradual and incremental. The dollar value collapse doesn’t happen from one day to the next its gradual and if you cant already see the process sorry guys you are blind. Without people having jobs there is NO real estate market. Right now if you loose your job odds are you wont find a job. There are literaly 7 people unemployed for every one job that is open to fill.
February 23rd, 2010 at 12:17 pm
You are an idiot. …
You are an idiot. You said we will have RE armeggedon last fall and the winter. The opposite happened. Nobody should listen to this fool.
February 23rd, 2010 at 12:17 pm
Interesting …
Interesting information. True the real estate market is a mess now. but this has already been happening for the past couple of years.
February 23rd, 2010 at 12:17 pm
So you are a Real …
So you are a Real Estate expert now ?
You went from telling everyone that the dollar woul;d collapse and society would implode…….to now real estate expertise ?
Why do you people listen to this clown ?
February 23rd, 2010 at 12:17 pm
50% drop in values, …
50% drop in values, thats huge..
if it happens next year wea re all in trouble
February 23rd, 2010 at 12:17 pm
This is why the …
This is why the Rental and Rent to Own Market is Booming. Take advantage of it. Check me out and find out why
February 23rd, 2010 at 12:17 pm
Got some spam from …
Got some spam from a Realtor telling me it is a great time to buy. My response was only if you are debt free, have 20% to put down, and realize that Realtors do not have your best interest in mind. Realtor told me not to contact him anymore. I said fine. Please stop spamming me. LOL.
February 23rd, 2010 at 12:17 pm
Yep ! the option …
Yep ! the option arm loans are going to reset in 2010 the next wave of foreclosures “God help us all.”
February 23rd, 2010 at 12:17 pm
Is that a good or a …
Is that a good or a bad thing? I really don’t understand what you are trying to say.
February 23rd, 2010 at 12:17 pm
george is a fed– …
george is a fed–check out how many vids he has watched–his computer is on a mainframe
February 23rd, 2010 at 12:17 pm
Right on George.
…
Right on George.
We ain’t seen anything yet, but I agree with you about defaults on a biblical scale.
Real Estate should never have become speculative . . . this is truelly apocolyptic.
February 23rd, 2010 at 12:17 pm
No body is buying …
No body is buying home in AZ
alot of ppl leave az
those new house for illegal immigrant are all empty
even if they stay here they cant even afford their food how can they pay for their rent
February 23rd, 2010 at 12:17 pm
Amen
Amen
February 23rd, 2010 at 12:17 pm
Kansas City …
Kansas City Missouri is also high in foreclosures, jobs are almost non exsistent for the common workers that pays enough to live on,, this country is in deep trouble – I knew this would happen back in 2005 !
February 23rd, 2010 at 12:17 pm
America turned into …
America turned into a communist /socialist state through the banking system. Well done America land of the kept. To big to fail. when the life style starts to fade, with all those guns theirs going to be rivers of blood.
February 23rd, 2010 at 12:17 pm
I don’t think it …
I don’t think it will collapse much more. The banks will just hold inventory back to control the market.
February 23rd, 2010 at 12:17 pm
Amen to strategic …
Amen to strategic defaulting! Cheers!
February 23rd, 2010 at 12:17 pm
You are right …
You are right crises is not over. But wise investor can make money in any industry. More difficult market is more money opportunities there.
February 23rd, 2010 at 12:17 pm
I live in an …
I live in an apartment being forclosed on by some one in California. I live in Idaho, the forclosures that happen over there hurt us here as well.
February 23rd, 2010 at 12:17 pm
Anyone looking for …
Anyone looking for subcribers for youtube partner i am Subscribe to me and i will subscribe back to you.
February 23rd, 2010 at 12:17 pm
I am trying to …
I am trying to become a Youtube partner subscribe to me and i will subscribe to you too. thanks
February 23rd, 2010 at 12:17 pm
Excellent video …
Excellent video George. Agree with you on the fact that the housing crash is not over, but not on the timeline. I don’t disagree, but the Gubbermint is pretty good at kicking it down the road further than you expect. Also, senate is debating extending (and expanding??) the housing credit to possibly as much as $15K. We live in Bizarro World.
February 23rd, 2010 at 12:17 pm
Station wagons are …
Station wagons are great for family vacation George,not bad at all for $1,500 dollars.Are there any leaks in the engine ??