Mercurius's Discussions

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Mercurius wrote:

 
 
 

Prices will recover in _______ years?

The market will recover, as in you will be able to buy a home without fear that its value will plummet (thats when I plan to buy). But another housing bubble that brings prices back to 2005 levels seems very unlikely. Those price to income levels are historical highs, not the norm.

 

 

15 hours ago

 
 
 

Subprime Rescue Failing Horribly - Cause? - 2nd Mortgages

Why not pay the second lien holder $5K and be done with it? 0.5% of a million dollar deal.

 

15 hours ago

 
 
 

Housing price predictions in SF Bay area (west of the Bay)

I'm just waiting on the Option ARM recasts, speculators will be fleeing the SF market like rats from a sinking ship. Many won't even wait for recast, they will see that even paying the minimum is no longer worth it and walk.

 

July 16

 
 
 

Looking for Home within commuting distance to Oakland,CA

You can buy homes in Oakland CA at 1/3rd that price, just watch out for flying lead.

 

July 16

 
 
 

Looking for Home within commuting distance to Oakland,CA

You can buy homes in Oakland CA at 1/3rd that price, just watch out for flying lead.

 

July 16

 
 
 

DOOMERS, When are you gonna shut up in dooming?

Since when is being able to buy a home you can actually afford doom? Just saw my first under $200K property in San Francisco! Thats not doom, thats called hope.

 

 

June 21

 
 
 

Subprime Doesn't Pay.... Anymore it seems

To bad its now completely irrelevant, they should have enforced regulations when they mattered. Not years later.

 

 

June 20

 
 
 

Why MY Home Ain't Selling....

Not everyone wants or needs a better homes and garden home. I'd be quite happy with 40+ year old everything, fix up what really needs fixing, and spend the money saved so I can take some time off and enjoy life. Paint it yourself and so on.

 

 

June 20

 
 
 

San Francisco's Commercial Real Estate Market #1 in the Nation/Condo Sales edge UP

I'm not sure about commercial real estate, but I know one thing very very few people can afford a home in San Francisco at the current prices. Now that you can no longer get Jumbo negative amortization option ARMS the market for $1M home purchases by working people has vanished. There arn't that many CEOs and others of the sort who truly earn enough to buy a $1M home.

 

June 20

 
 

 

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