tag:blogger.com,1999:blog-7982981413278241287.post8226437820891976979..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Don't Believe The Hype About The Housing MarketDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7982981413278241287.post-38611223462458610242009-10-22T15:42:04.259-06:002009-10-22T15:42:04.259-06:00The Fed's MBS monetization bonanza can't k...The Fed's MBS monetization bonanza can't keep running in perpetuity, and the Treasury's continued huge debt issuances (118 billion in notes plus 59 billion in bills and 7 billion in TIPS next week) will take their toll on interest rates.<br /><br />My guess is no bottom in housing until we see the cheap credit dry up and rates shoot higher. Then the housing demand will really cliff dive as prices collapse.<br /><br />Or maybe they just keep printing until the fiatco failbuck is obliterated.JRhttps://www.blogger.com/profile/16345441084565082627noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89613294478346820242009-10-22T13:16:06.962-06:002009-10-22T13:16:06.962-06:00I was considering buying a condo in DC but all the...I was considering buying a condo in DC but all the signs are pointing to a further plunge in prices. Almost invariably, each and every listing I look at is back up with a 5%-10% drop after about a month of no buyer interest. Fall baby, fall. 285K for the lowest-end condo in a non-ghetto area...give me a break.Kevinnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-75318100523454868022009-10-22T11:14:20.836-06:002009-10-22T11:14:20.836-06:00@anonymous: ROFLMAO point.
agree with both of yo...@anonymous: ROFLMAO point.<br /><br />agree with both of you.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-73626194597791821402009-10-22T10:29:45.272-06:002009-10-22T10:29:45.272-06:00Another sign of a bottom: residential real estate ...Another sign of a bottom: residential real estate will be hated and virtually everyone will think buying a house is stupid. We're still far from that.Dennisnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90379215352888625732009-10-22T09:53:28.341-06:002009-10-22T09:53:28.341-06:00You forgot one of the marks of a true bottom in th...You forgot one of the marks of a true bottom in the housing market: HGTV will be off the air. :-)Anonymousnoreply@blogger.com