Comments on: Some Good Housing News http://blownmortgage.com/2009/05/04/some-good-housing-news/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Real Estate License http://blownmortgage.com/2009/05/04/some-good-housing-news/comment-page-1/#comment-69900 Real Estate License Mon, 15 Jun 2009 19:08:39 +0000 http://blownmortgage.com/?p=2998#comment-69900 good post. I think the recession will end before end of 2010 year. Hope real estate market go up as usual in 2004. good post. I think the recession will end before end of 2010 year. Hope real estate market go up as usual in 2004.

]]> By: Web traffic http://blownmortgage.com/2009/05/04/some-good-housing-news/comment-page-1/#comment-63539 Web traffic Tue, 05 May 2009 15:48:35 +0000 http://blownmortgage.com/?p=2998#comment-63539 Which is the best website for daily housing news or housing crash news Which is the best website for daily housing news or housing crash news

]]> By: Web traffic http://blownmortgage.com/2009/05/04/some-good-housing-news/comment-page-1/#comment-63538 Web traffic Tue, 05 May 2009 15:47:27 +0000 http://blownmortgage.com/?p=2998#comment-63538 Which is the best website for daily housing news or housing crash news Which is the best website for daily housing news or housing crash news

]]> By: Don http://blownmortgage.com/2009/05/04/some-good-housing-news/comment-page-1/#comment-63536 Don Tue, 05 May 2009 13:44:52 +0000 http://blownmortgage.com/?p=2998#comment-63536 I know I'm repeating myself, but I'm not so hot on the uptick yet.<br><br>1. The year of the Jumbo ARM reset - This year the higher end is going to be hit like the low end was last year. It's almost like we have a two-teired market now. <br><br>2. We have $420B worth of ARM resets next year and going into 2011 - There's going to be a whole other wave of this if we don't get massive refis or loan mods done, that on top of the worst unemployment rate in CA since the Great Depression.<br><br>As someone said on CNBC yesterday, this is going to be a W shaped recovery. I don't see "full" recovery until 2012, but I hope I'm wrong. I know I'm repeating myself, but I'm not so hot on the uptick yet.

1. The year of the Jumbo ARM reset – This year the higher end is going to be hit like the low end was last year. It's almost like we have a two-teired market now.

2. We have $420B worth of ARM resets next year and going into 2011 – There's going to be a whole other wave of this if we don't get massive refis or loan mods done, that on top of the worst unemployment rate in CA since the Great Depression.

As someone said on CNBC yesterday, this is going to be a W shaped recovery. I don't see “full” recovery until 2012, but I hope I'm wrong.

]]> By: Fielding Mellish http://blownmortgage.com/2009/05/04/some-good-housing-news/comment-page-1/#comment-63530 Fielding Mellish Mon, 04 May 2009 17:15:37 +0000 http://blownmortgage.com/?p=2998#comment-63530 In a macro sense, optimism or pessimism can affect the housing market. But you don't really want your analysis of the true state of the housing market to be based upon "optimism" or "pessimism", do you? It's like shooting the messenger. If the weatherman says it's probably going to rain tomorrow, do you get mad at him for being insufficiently optimistic? It never fails to surprise me how people can get so mad when negative economic facts are brought to light. As for me, "just give me the facts, ma'am". In a macro sense, optimism or pessimism can affect the housing market. But you don't really want your analysis of the true state of the housing market to be based upon “optimism” or “pessimism”, do you? It's like shooting the messenger. If the weatherman says it's probably going to rain tomorrow, do you get mad at him for being insufficiently optimistic? It never fails to surprise me how people can get so mad when negative economic facts are brought to light. As for me, “just give me the facts, ma'am”.

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