Home Forums Hunting & Shooting Hunter's Campfire The Next Wave of Housing Defaults

damn, JeffO

You voted for the fugger most likely to provide entitlements.

I realize you were mad at W and the party, but this is just the Dem's - who were elected- strutting their stuff, as you so eloquently put it.

Take your rant elsewhere.

This is what you asked for.

Its the price of admission for not having the old white guy running things....

Jeff - stop it - your sounding like a conservative - you're confusing half of us and scaring the chit out of the other half...

I am quite conservative on some major issues as far as how I've lived my life. More so than many so-called "conservatives".

My comment on Obama and how the D's are seen as the party that "takes care of people" was simply that with the housing market all screwed up, and a D in office, it makes it that much more likely that people will be looking for a "solution" from Washington.

I'd say, in terms of likelyhood of Washington actually DOING something, it's about the same. Bush II had his stimuli and bailouts, and so would McCain.

But the perception that Washington will do something, clouds people's judgements, regardless of what does or does not actually every happen. And perception drives markets as much as tangible things do.

Aight, I'm gonna go work on my new private 100-yard rifle range on my paid-off property, where I cut down a bunch of big trees yesterday with my chain saws! How's that for conservative <grin>.

When are you guys going to understand it's not a Democrat OR Republican thing, it's a Democrat AND Republican thing.

There is only one political party with a Red Team and a Blue Team.

Best possible time to buy a house. Prices and interest rates are very low.

Find a house you like then lowball them on the already low,low, price. Put at least 20% down get a 5% or lower 15 year loan and "Bob's you uncle".

No. neither did I.... just what advice they would give....

Prediction for the Boise market is 10-12% additional drop in value by the end of the year.

Utah,

The $8,000 tax credit ends this weekend if you don't have it under contract by April 30 the market place is going to adjust downward again. The non-foreclosures will have to complete with-in a market place of foreclosure homes that the banks must sell in 90 days to 120 days. This forces the banks to drop prices until the REO homes are under contract.

While the $8K was a boost to the nations housing market in a attempt to stabilize
the market place once the credit is removed the market forces return work as they should.

Doc

I've wondered about that myself. The strip malls around here are about 50% vacant.