Comments on: Forecasting the Societal Impact of the Housing and Credit Crisis: Recession Trends and Psychological Changes Regarding Housing. http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/ How I Learned to Love Southern California and Forget the Housing Bubble Tue, 06 Jan 2009 21:11:32 +0000 http://wordpress.org/?v=2.2.2 By: John H. http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7940 John H. Tue, 12 Feb 2008 05:49:39 +0000 http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7940 Dr. HB, I beg you to please, please, please write a book about the housing bubble of this decade. Our young people need to learn from your brilliant analysis for their future. Dr. HB,

I beg you to please, please, please write a book about the housing bubble of this decade.

Our young people need to learn from your brilliant analysis for their future.

]]> By: Louise http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7875 Louise Mon, 11 Feb 2008 23:49:24 +0000 http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7875 The fact is that morality will not be considered as part of the issue since it is just one more thing this country is too politically correct to challenge and is after all, something yet to be successfully legislated. Let's just stick to "for every action there is a reaction". For those of you who truly believe everyone in the real estate industry, particulary Mr. Bank, will finally get what they deserve, then be happy. Should Mr. Bank decide the best way to deal with the new phenomenon of "walkers" and "jingle keys" is to prohibit any mortgage lending to such for the next five years or possibly even longer, you no doubt will not be surprised. The fact is that morality will not be considered as part of the issue since it is just
one more thing this country is too politically correct to challenge and is after all, something yet to be successfully legislated.

Let’s just stick to “for every action there is a reaction”. For those of you who
truly believe everyone in the real estate industry, particulary Mr. Bank, will finally get what they deserve, then be happy. Should Mr. Bank decide the best way
to deal with the new phenomenon of “walkers” and “jingle keys” is to prohibit any mortgage lending to such for the next five years or possibly even longer, you
no doubt will not be surprised.

]]> By: bubba http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7863 bubba Mon, 11 Feb 2008 18:09:25 +0000 http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7863 Well in fairness to "Flip This House" the other night I saw an episode where a 20-something "real estate consultant" and his wife managed to lose $120K on a remodel. Well in fairness to “Flip This House” the other night I saw an episode where a 20-something “real estate consultant” and his wife managed to lose $120K on a remodel.

]]> By: John http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7862 John Mon, 11 Feb 2008 17:44:07 +0000 http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7862 Great Article Dr. I enjoy reading your blog. I say this spring is when all hell is going to break loose. I've been hearing that there are ARM resettings scheduled out into like 2008. 09, 10, 11, & 12. Heaven help people employed in any sector of real estate. My guess is that we are no were near bottom and things are only going to improve for those who have 1) lived with their means, 2) been saving money for a 20% plus downpayment, 3) have waited out this ridiculous roller coaster ride for affordability to return to the market. 4) the folks who are good at bargain hunting for a house that once was priced at say 550K that will be worth 250K in a one to two years down the road. It will not suprise me if in California (I'm in the Sacramento Area) as a whole, values may depreciate at least 50%. Could go higher than 50%,it's anyone's guess. Get ready and hold on, it's gonna be an interesting ride. Great Article Dr.

I enjoy reading your blog. I say this spring is when all hell is going to break
loose. I’ve been hearing that there are ARM resettings scheduled out into like 2008. 09, 10, 11, & 12. Heaven help people employed in any sector of real estate.

My guess is that we are no were near bottom and things are only going to improve for those who have 1) lived with their means, 2) been saving money for a 20% plus downpayment, 3) have waited out this ridiculous roller coaster ride for affordability to return to the market. 4) the folks who are good at bargain hunting for a house that once was priced at say 550K that will be worth 250K in a one to two years down the road.

It will not suprise me if in California (I’m in the Sacramento Area) as a whole, values may depreciate at least 50%. Could go higher than 50%,it’s anyone’s guess. Get ready and hold on, it’s gonna be an interesting ride.

]]> By: Ronald Holland http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7860 Ronald Holland Mon, 11 Feb 2008 14:37:15 +0000 http://www.doctorhousingbubble.com/forecasting-the-societal-impact-of-the-housing-and-credit-crisis-recession-trends-and-psychological-changes-regarding-housing/#comment-7860 We are in a recession in the United States. The housing downturn is negatively impacting property sales in second home communities in Florida. This is also slowing sales in NC mountain resorts that depend on Florida buyers. Still the downturn in prices and building of inventories is starting to attract second home buyers from Florida looking for cool temperatures in our mountains. Also the dramatic decline in the dollar combined with weakness in American real estate markets are beginning to attract bargain hunting European investors. Ron Holland, Broker/Realtor with Wolf's Crossing Realty. See www.ronaldholland.com Ron markets resale mountain and ski resort properties in NC in Wolf Laurel and The Preserve at Wolf Laurel. We are in a recession in the United States. The housing downturn is negatively impacting property sales in second home communities in Florida. This is also slowing sales in NC mountain resorts that depend on Florida buyers.

Still the downturn in prices and building of inventories is starting to attract second home buyers from Florida looking for cool temperatures in our mountains. Also the dramatic decline in the dollar combined with weakness in American real estate markets are beginning to attract bargain hunting European investors.

Ron Holland, Broker/Realtor with Wolf’s Crossing Realty. See www.ronaldholland.com Ron markets resale mountain and ski resort properties in NC in Wolf Laurel and The Preserve at Wolf Laurel.

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