Why hosue market shows a little good sign?

dalewz

govn has a rule to stop foreclosure now, which has been running for 4 months. 2 more months. they r talking about extension now.

if your mortgage pay is over 31% of family income (before tax), you are qualified. two options: 1. reduce the principle. 2. offer lower rate...who pay for this - govn.

70% mortgages are own by 2F. if u go to 2f webs, you will find "more affordable homes" for related info.

this is why O8 said his biggest challenge is creating jobs. so i agree that the bottom of the market is the moment when the unemplyment rate reaches the peak.

源济

大泡泡

好。。。， 可不知道什么时候。。

vcvc

Wrong! the bottom is when price meets affordability....

coexist

Wrong! the bottom is when price meets affordability....
vcvc 发表于 2009-3-29 22:59

Is it the time now? I doubt it.