tag:blogger.com,1999:blog-33399132.post4375370650793401108..comments2024-03-04T08:09:21.453-08:00Comments on Richard's Real Estate and Urban Economics Blog: Housing and LeverageRichard Greenhttp://www.blogger.com/profile/02161226214739034402noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-33399132.post-30737050717600114342009-06-28T08:16:04.366-07:002009-06-28T08:16:04.366-07:00Agree with you...
Idaho Real EstateAgree with you...<br /><br /><a href="http://www.randygridley.com" rel="nofollow"> Idaho Real Estate </a>workhardhttps://www.blogger.com/profile/02139837491287164337noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-81556971413900200072007-11-08T08:56:00.000-08:002007-11-08T08:56:00.000-08:00Good grief, yes. Especially in the more over infl...Good grief, yes. Especially in the more over inflated areas where we've already surpassed 10% (and on our way to 50%+????)<BR/><BR/>We have a staggering supply of foreclosed and short sale homes on the market and (anecdotal) the lienholders are not releasing the lion's share of them to market in an attempt to stave off a long term housing depression -- as opposed to a housing recession. Not to mention the seemingly accelerating supply that is now entering foreclosure or will be soon. Stock market has mechanisms to freeze activity. Housing certainly is a different animal, but maybe there's a way to slow the freefall? If we have far more housing than people that can afford it at current perceived values, how in the world will they be able to buy when justifiably tighter lending guidelines has almost instantly precluded them?<BR/><BR/>Many questions. Any good answers?<BR/><BR/>Burning question: Are foreclosures really accelerating, or is it more of a constant downhill slide?Anonymousnoreply@blogger.com