tag:blogger.com,1999:blog-15223784.post1388430836400796472..comments2023-10-08T06:24:07.089-07:00Comments on Seattle Bubble: Foreclosures On The Rise, Even In SeattleThe Timhttp://www.blogger.com/profile/14832570891451659976noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-15223784.post-59460717739676120962007-01-29T10:52:00.000-08:002007-01-29T10:52:00.000-08:00Maybe it's time to trot out this pony.....
When S...Maybe it's time to trot out this pony.....<br /><br /><a href="http://ezinearticles.com/?When-Should-You-Buy-Foreclosed-Properties?&id=414761/">When Should You Buy Foreclosed Properties?</a>Terryhttps://www.blogger.com/profile/11828480316508814814noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-23466192787855057642007-01-27T18:14:00.000-08:002007-01-27T18:14:00.000-08:00If 1/136 or 1/75 homeowners were displaced by forc...If 1/136 or 1/75 homeowners were displaced by forclosure IN THE GREATEST TIME IN PNW REAL ESTATE HISTORY, what is it going to be like when properties are stagnant in price? What if they drift down by 10-15% per year?<br /><br />With the kind of price inflation we have experienced, nobody should be displaced by forclosure - NOBODY! Of course, if you have 0% down, then why would you make your payment? It will be these people in the massive sub-prime market that will default first. This is going to be exacerbated by credit standards tightening (from no standards whatsoever) for the subprime market - these peoples' potential buyers.<br /><br />Like I said Thursday, the housing market is a real-world IQ test. Who is buying in this market? Who still thinks they are on their way to be a Trump jr.?Eleuahttps://www.blogger.com/profile/08248482892459370601noreply@blogger.com