Tejas
About
- Username
- Tejas
- Joined
- Visits
- 0
- Last Active
- Roles
- Members
Comments
-
Look on the bright side! Potentially 6 months of rent paid to savings instead of your landlord will make a nice addition to your downpayment if you do buy after this.
-
Do you think this is more evidence of bad actors trying to continue the glory years; or is this a case of massive 'buyers remorse' as new owners watch the real estate market disolve before their eyes, after they take the plunge on an expensive asset?
-
deejayoh wrote: many of these buyers probably can refinance deejayoh, Serious question... If they could not afford to purchase the home with a reasonable loan package during the 'fast and loose' period we just went through; how do the…
-
Saber rattling in the midst of a labor negotiations. Nothing more. Not to say that Boeing does relish the idea of lowering cost by moving or outsourcing; but they would never says so "for real". This is just stepping up the pressure of public o…
-
Timber wrote: WaMu finally is gone so now its time for everyone to find a new target. Seems like Wachovia has gotten a lot of press and will be the next to go. Good call. They have been 'retired' this morning. Of course the FDIC says they…
-
$30 M for the State? That is 150 houses at $200k each (1/2 book value ? ) over the entire state.... :? Drop in the bucket indeed.
-
But that just can't be! Gov. Gregoire said so, just this past spring. "We must understand our economy is strong and growth is going to continue to be the future." As The Tim pointed out a few months ago. Remember this? http://seattlebubbl…
-
While Houston will do better than the rest of the nation due to an oil economy, take the source with a lot of salt. The Houston Chronicle is our Seattle Times. And the REIC is STRONG and DEEP in this town. I know people in the construction tra…
-
Another way to look at it: The remaining $26.1B in viable reserves represents one half of one percent, .52%, of total liabilities. This with $717B in sub prime and alt-a in their portfolio. Somebody check my math and reasoning. That tells me t…
-
What is truly sobering: They are $46.1B away from the trigger point (below 3% of capital reserves) of U.S. Gov't. intervention. They are admitting to $20B in 'unrealized losses' (in the current market outlook). This is assuming the housing mark…
-
REO = Real Estate Owned. Or in non industry parlance. It has gone back to the lender or the current owner of the paper, which ever bank holds the note.
-
sniglet wrote: Does anyone know if there is any data showing the historic trends for the percent of home-owners with little or no equity? To be clear, what we need to find is information about the percentage of home-owners with very little (or …