"@ kenny -- that is my point. While this article points to low interest rates and affordability as the drive force to recovery, I say that is a very small part of it. Doesn't matter how low rates are if nobody can get a loan it…"
"The biggest factor RIGHT NOW is big money entering the market and buying up properties everywhere. Companies like TWO Harbors and Blackstone are buying billions and billions in residential real estate. In most cases they are using the hold and…"
Mr. DeMarco has been at the center of a heated debate over whether the taxpayer-supported firms should do more to boost housing markets. He remains bound by competing mandates: to limit the firms' losses and to promote efforts…"
"I understand what they are trying to say. Gas prices are as high today and going higher and I don't see any bubbles bursting or events being triggered. My point is you could pick any event with economic impact that was happening at…"
"This is laughable at best. high gas prices were the trigger? So if gas prices remained low, there would be no trigger and the prices and sales would still be going through the roof? There were a number of factors that led to the…"
"Here in one of the hardest hit markets in the US (Reno, NV) the market is not only hitting bottom many price ranges are on the rise. We will see if it can be sustained, I believe it can. Buyers can buy houses here at a 15-20 year…"
"This is nothing new there are hundreds, if not thousands of agents/brokers doing this all over the country. A little late to the party. With that said, it is not a viable model. There are a bunch of issues but the biggest…"