- Election year
- Cap ex spending up this quarter
- Commodity inflation
- Employment up
- Government lowering credit quality
- Increase in housing starts in some markets
- Banks are passing losses onto homeowners with modifications and short sale acceptances finally allowed capital lost over the last 4 years to be out of play.
Wednesday, May 18, 2011
The Titanic is rising.....the tea leaves
Why? Ill keep it pithy...the tea leaves
Monday, February 14, 2011
The beginning of the RISE OF REAL ESTATE!!!
Ok guys credit is the driving force behind real estate. The easier it is for people to buy the easier it is to get into a home and affect demand.
We went down the spiral of tightening and values dropped. Now signs are showing that the pendulum is swinging the other way.
First fannie mae foreclosures are offering Homepath financing with down payments as low as 3% and credit scores in the 580's(C- credit)
Now FHA is offering financing for 500 and above. Folks you get a 350 for signing your name.
The recession has about 6 months left before people start to see signs of life to the point of being obvious. Check your neighborhood out and see if you see a stealth rally going on.
;>
We went down the spiral of tightening and values dropped. Now signs are showing that the pendulum is swinging the other way.
First fannie mae foreclosures are offering Homepath financing with down payments as low as 3% and credit scores in the 580's(C- credit)
Now FHA is offering financing for 500 and above. Folks you get a 350 for signing your name.
The recession has about 6 months left before people start to see signs of life to the point of being obvious. Check your neighborhood out and see if you see a stealth rally going on.
;>
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