Housing......Folks are concerned.

[Brian A. MacNeish]

Our CBC national news had some stats from the US......

+ 53% of homeowners concerned about being able to make payments in future

+ 7,000,000 homeowners behind in mortgage payments

+ 9,000,000 foreclosures predicted by 2012

[John J. Passailaigue, Jr.]

Hey, I've got an idea......to combat that, lets raise everyones taxes in January! Have you had enough hope and change yet?

[Tim Spargo]

*change* may be all you have left.

Things Will get better in time

[Michael Larson]

Originally Posted by tspargo

*change* may be all you have left.

Things Will get better in time

Honest question Tim:

Do you really think it will get better in CA if you elect Jerry Brown?

[Jeffrey R. Pope]

Originally Posted by mlarson

Honest question Tim:

Do you really think it will get better in CA if you elect Jerry Brown?

That would certainly put the breaks on any recovery in our state, but we've survived poor governing in the past. I am much more concerned with passing Prop 23. If we don't suspend the "green initiative," we're in big trouble. . .

[Nick Gromicko]

+ 9,000,000 foreclosures predicted by 2012

The shake up is good for inspectors. About 1/2 of all buyers are first time and about 1/3 of all sellers are distressed. People are also beginning to move for employment reasons.

[Brian E. Kelly]

A little busier than usual for this time of year for me..

Looks like we will have Meat in the Tamales at Christmas this year Kids.................

[jhugenroth]

Originally Posted by bkelly2

A little busier than usual for this time of year for me..

Looks like we will have Meat in the Tamales at Christmas this year Kids.................

Tired of just the masa, eh BK? Nothing a little Pico Pica won't fix!

[Brian E. Kelly]

Originally Posted by jhugenroth

Tired of just the masa, eh BK? Nothing a little Pico Pica won't fix!

In the lean years there may be Hot Dogs in the Tamales, or no meat at all Joe.

[ROBERT V. YOUNG]

Originally Posted by Brian A. MacNeish

Our CBC national news had some stats from the US......

+ 53% of homeowners concerned about being able to make payments in future

+ 7,000,000 homeowners behind in mortgage payments

+ 9,000,000 foreclosures predicted by 2012

Take is a big bunch of numbers.
WOW I see the American dream is tirning out to be a nightmere for some.
I will say this again for I see the people realing behind there governments of choice '' red or blue's'' instead of behind there govenment in power at the moment.
Its fratcuring the USA as a nation and as a people.
Its simple taxes go up after mistakes are made . So why is everyone divided? The boble talks about tax , its not a sin to say you made mistake.
Nor is it a sin to lower taxes after the sins have been understood.

Look do not get made at me, look for a solution and the numbers.

[Joseph Burkeson, CMI]

Originally Posted by gromicko

The shake up is good for inspectors. About 1/2 of all buyers are first time and about 1/3 of all sellers are distressed. People are also beginning to move for employment reasons.

Add to that the homes which haven't been gobbled up already are mostly dogs which need to be inspected.

[Nick Gromicko]

And add to that the properties bought by investor/flippers which often get put back on the market quickly and inspected again by a new buyer.

[ROBERT V. YOUNG]

I guess when one door closes another door is opened is a positive way of looking at it.

[bdoles2]

Originally Posted by Brian A. MacNeish

Our CBC national news had some stats from the US......

+ 53% of homeowners concerned about being able to make payments in future

+ 7,000,000 homeowners behind in mortgage payments

+ 9,000,000 foreclosures predicted by 2012

It's amazing how values have changed. My value dropped about $35k this year. There are 3 houses on my street, all foreclosures on the auction block for less than $30k. Less than 18 months ago they were valued @ $110k.

It's a sad state. Great for folks looking for investment properties. But there aren't too many out there willing to take the risk.

[Robert W. Jude]

investment properties around here would get that 110k appraisal and property taxes are 3x the price of owner occupied. in other words only a sucker would buy up these properties. sad state when its the taxes keeping these places empty. There's no shortage of people looking for a good rental with people's credit being crap.