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Once you stop walkout from underwater home, you can reduce # of houses in market significantly. That will cause stabilization of prices of home and even increase in price. That will bring new buyers into market who are waiting for even more lower prices of home. With 5% mortgage rate this is game changer.
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| Subject | Author | Rating | Time of Post (ET) | ||
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Most of the poeple 95% are walking out because they are...
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mannsngr |
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6-Nov-09 03:59 pm | ||
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Home prices need to stay right where they currentl...
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marketsnob | (1 Rating) | 6-Nov-09 04:03 pm | ||
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The prices of home went up in 18 of 20 Metro ...
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mannsngr | Rate it | 6-Nov-09 04:06 pm | ||
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This is what happens when there's nothing lef...
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twolow4fath... | Rate it | 8-Nov-09 02:01 pm | ||
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but the renting aspect will cost to maintain and m...
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tng6204535 | Rate it | 6-Nov-09 04:13 pm | ||
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Re: ***Renting will prevent walking out from underw...
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mannsngr | Not rated | 8-Nov-09 07:26 am | ||
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Their is no incentive for the lender to get in the...
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mogcki | (2 Ratings) | 8-Nov-09 01:46 pm | ||
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You are making no sense.
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banderso9 | Rate it | 8-Nov-09 11:46 pm |
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