Comments on: How the Housing Crisis is Affecting Lenders and the Economy as a Whole http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Orlando Real Estate Investmentshttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51813 Orlando Real Estate Investments Mon, 22 Oct 2007 14:07:41 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51813 I think that we still have a long way to go before we see the end of this mess. However I still think that there are good buys out there now. We have been seeing renewed interest in the real estate market by our European clients. I think that we still have a long way to go before we see the end of this mess. However I still think that there are good buys out there now. We have been seeing renewed interest in the real estate market by our European clients.

]]> By: Tim Wienekehttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51793 Tim Wieneke Sat, 20 Oct 2007 14:21:22 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51793 The markets I invest in remained relatively flat throughout the boom-- relative to the 'hot' markets, that is. They appreciated between 6% and 8%, but I could buy properties that actually cash flow.I'm still doing that, and the best part is- while many formerly hot markets cool, and even contract- I'm still enjoying the same 6% to 8% appreciation with positive cashflow.However, the hysteria has spooked other buyers and has the sellers running scared-- which means I'm getting even better deals. The markets I invest in remained relatively flat throughout the boom– relative to the ‘hot’ markets, that is. They appreciated between 6% and 8%, but I could buy properties that actually cash flow.

I’m still doing that, and the best part is- while many formerly hot markets cool, and even contract- I’m still enjoying the same 6% to 8% appreciation with positive cashflow.

However, the hysteria has spooked other buyers and has the sellers running scared– which means I’m getting even better deals.

]]> By: Real Estate Attorney Miami Floridahttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51785 Real Estate Attorney Miami Florida Fri, 19 Oct 2007 21:37:36 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51785 Rough headlines. Realtors tell me that such headlines cause more people not to buy than the actual economic situation, about which nobody seems to be clear. It seems to be somewhat irresponsible reporting, for example: "...Economists don’t see any sign that the drop will end soon, and some see it intensifying in the coming months." Did they expect to see signs, and now don't, or would they normally not see signs? Have the indicators shifted? How many economists is "some?" Half? One out of five" Likely such blanket statements do a disservice to the public and increase peoples' fear. Rough headlines. Realtors tell me that such headlines cause more people not to buy than the actual economic situation, about which nobody seems to be clear. It seems to be somewhat irresponsible reporting, for example: “…Economists don’t see any sign that the drop will end soon, and some see it intensifying in the coming months.” Did they expect to see signs, and now don’t, or would they normally not see signs? Have the indicators shifted? How many economists is “some?” Half? One out of five” Likely such blanket statements do a disservice to the public and increase peoples’ fear.

]]> By: Matthew Antonhttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51783 Matthew Anton Fri, 19 Oct 2007 19:31:56 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51783 seems the worst is yet to come. The stockmarket is doing really bad lately, and the homes by me can't be sold..been on the market for a year. Is this the start of a depression? I hope not but there's a lot of doomsday type predictions surrounding this..and the fact the American dollar isn't worth anything. seems the worst is yet to come. The stockmarket is doing really bad lately, and the homes by me can’t be sold..been on the market for a year. Is this the start of a depression? I hope not but there’s a lot of doomsday type predictions surrounding this..and the fact the American dollar isn’t worth anything.

]]> By: Rick Marnonhttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51779 Rick Marnon Fri, 19 Oct 2007 14:02:28 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51779 I like the article. It definitely provides us with good information about the industry as a whole. I am a real estate agent as well as a mortgage lender, so it always helps to know what is going on so you can make educated guesses as to what we think the market is going to do. I like the article. It definitely provides us with good information about the industry as a whole. I am a real estate agent as well as a mortgage lender, so it always helps to know what is going on so you can make educated guesses as to what we think the market is going to do.

]]> By: Watch Heroeshttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51776 Watch Heroes Fri, 19 Oct 2007 10:56:19 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51776 The Euro money is on top of the Dollar for a long time here in Europe,almost all business men put accent on the Euro. And i see in this article and scares me in kind of way that houses is affecting house lenders and that's not a good thing at all !! i hope they should maintain it well in the near future! The Euro money is on top of the Dollar for a long time here in Europe,almost all business men put accent on the Euro. And i see in this article and scares me in kind of way that houses is affecting house lenders and that’s not a good thing at all !! i hope they should maintain it well in the near future!

]]> By: The Property Pundithttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51771 The Property Pundit Fri, 19 Oct 2007 04:28:32 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51771 Just a quick thought on the weak dollar and its effect on housing. I could really see a pickup of foreign investment in U.S. real estate because of this. Some of the markets that seem expensive to us, can be fairly cheap to an overseas investor because of the exchange rate. It's possible that will help create a floor.Now, I'm not talking about single family homes, but for some larger apartment buildings, it sure looks like an attractive place for a newly rich foreigner to look at. Just a quick thought on the weak dollar and its effect on housing. I could really see a pickup of foreign investment in U.S. real estate because of this. Some of the markets that seem expensive to us, can be fairly cheap to an overseas investor because of the exchange rate. It’s possible that will help create a floor.

Now, I’m not talking about single family homes, but for some larger apartment buildings, it sure looks like an attractive place for a newly rich foreigner to look at.

]]> By: David Lortihttp://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51768 David Lorti Fri, 19 Oct 2007 02:23:43 +0000 http://www.biggerpockets.com/renewsblog/2007/10/18/how-the-housing-crisis-is-affecting-lenders-and-the-economy-as-a-whole/#comment-51768 Thanks for monitoring developments in the industry. As a realtor in the Phoenix area, I appreciate finding this information to review. D Lorti Thanks for monitoring developments in the industry. As a realtor in the Phoenix area, I appreciate finding this information to review. D Lorti

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