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#1
10/23/07, 9:59 PM
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Boom! Central California Housing the SHTF
"By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest." -Confucius Certified Master Inspector (2007) Member, International Assoc of Certified Home Inspectors (InterNACHI) Member, International Code Council (ICC) - Certified Residential Combination Inspector Square-One Inspection "Assurance begins here"
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#2
10/23/07, 10:41 PM
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Re: Boom! Central California Housing the SHTF
Makes me want to buy. This housing slowdown will last 30 seconds with price drops like those.
Nick Gromicko, Certified Master Inspector  Find a Home Inspector "Just as iron sharpens iron, one man sharpens another." Proverbs 27:17
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#3
10/23/07, 11:15 PM
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Re: Boom! Central California Housing the SHTF
I think it is still too early, prices will get better and if you have a good credit rating banks will be begging for you to take a low-cost / no-cost loan. Remember what happened in Japan when their Real Estate crashed, 80% loses and less than 1% interest rates at the bottom.
"By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest." -Confucius Certified Master Inspector (2007) Member, International Assoc of Certified Home Inspectors (InterNACHI) Member, International Code Council (ICC) - Certified Residential Combination Inspector Square-One Inspection "Assurance begins here"
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