Comments on: The Housing Crisis: How Low Can It Get? Pretty Low! http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/ Learn, Network, Invest Wed, 03 Dec 2008 06:50:41 +0000 http://wordpress.org/?v=2.6.5 By: Lori Smiths http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-57252 Lori Smiths Fri, 06 Jun 2008 20:57:39 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-57252 How long will it last? Well, it all depends how the economy will do within the next 12 months. The worst the economy gets the faster people will be running into housing and mortgage problems. Sad but real. How long will it last?

Well, it all depends how the economy will do within the next 12 months. The worst the economy gets the faster people will be running into housing and mortgage problems.

Sad but real.

]]> By: jaxsonsmith http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56900 jaxsonsmith Mon, 19 May 2008 20:39:05 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56900 It is so hard to tell when things are going to be back on track, after all you cant track when you enter a recession till long after you are in it. With the slump right now you may have no idea your out till you are out for quite a while. It is so hard to tell when things are going to be back on track, after all you cant track when you enter a recession till long after you are in it. With the slump right now you may have no idea your out till you are out for quite a while.

]]> By: Rihanna Take A Bow http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56885 Rihanna Take A Bow Sun, 18 May 2008 15:41:59 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56885 I'm not sure about it but thanks a lot fod sharing I’m not sure about it but thanks a lot fod sharing

]]> By: Coupons http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56882 Coupons Sun, 18 May 2008 10:38:36 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56882 You can't call this as low.Thanks a lot for sharing. You can’t call this as low.Thanks a lot for sharing.

]]> By: Discount Voucher Codes http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56881 Discount Voucher Codes Sun, 18 May 2008 10:38:04 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56881 This is not very low I think.thanks. This is not very low I think.thanks.

]]> By: James Connery http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56871 James Connery Sat, 17 May 2008 18:49:33 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56871 Warren Buffett just purchased a massive pool of mortgages and has frozen the rates. The bottom has not even begun as there is 5-10 times the inventory that will default and need to be liquidated, bring down values even further. Charles hit the nail on the head here: "The only problem is that the credit crunch also shows no sign of going away any time soon, so that leaves a whole lot of potential bargin takers left in the cold." Warren Buffett just purchased a massive pool of mortgages and has frozen the rates.

The bottom has not even begun as there is 5-10 times the inventory that will default and need to be liquidated, bring down values even further.

Charles hit the nail on the head here:

“The only problem is that the credit crunch also shows no sign of going away any time soon, so that leaves a whole lot of potential bargin takers left in the cold.”

]]> By: Nadine http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56850 Nadine Fri, 16 May 2008 06:09:06 +0000 http://www.biggerpockets.com/renewsblog/2008/05/14/the-housing-crisis-how-low-can-it-get-pretty-low/#comment-56850 I hope this crisis will pass in months. Years will be too long... I hope this crisis will pass in months. Years will be too long…

]]>