Maryocon's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/30777/comments http://seekingalpha.com/article/119125-the-future-of-california-s-housing-shortage-ahead?source=feed#comment-381270 381270 The crazy realtors did not create the crazy loans. There was high demand during the bubble years, that had little to do with realtors. It was on the front page of every newspaper day after day. Realtors do not create demand, if they did we would not be seeing the market we have seen over the last several years where there has been no demand.
You are absolutly right about saying what happened in the past will happen in the future... I am not a fortune teller, I don't know if the sun will come up tomorrow, but I can read history and I can make intelligent assumption about the future, that is the best I can do. ]]> Mon, 09 Feb 2009 13:25:39 -0500 The crazy realtors did not create the crazy loans. There was high demand during the bubble years, that had little to do with realtors. It was on the front page of every newspaper day after day. Realtors do not create demand, if they did we would not be seeing the market we have seen over the last several years where there has been no demand.
You are absolutly right about saying what happened in the past will happen in the future... I am not a fortune teller, I don't know if the sun will come up tomorrow, but I can read history and I can make intelligent assumption about the future, that is the best I can do. ]]> http://seekingalpha.com/article/119125-the-future-of-california-s-housing-shortage-ahead?source=feed#comment-380228 380228 Sun, 08 Feb 2009 18:02:31 -0500 http://seekingalpha.com/article/119125-the-future-of-california-s-housing-shortage-ahead?source=feed#comment-380105 380105 Sure there are going to be more defaults but don't kid yourself there are a lot more buyers out there now just waiting to get into the market.
]]> Sun, 08 Feb 2009 15:26:38 -0500 Sure there are going to be more defaults but don't kid yourself there are a lot more buyers out there now just waiting to get into the market.
]]> http://seekingalpha.com/article/119125-the-future-of-california-s-housing-shortage-ahead?source=feed#comment-379996 379996 Sun, 08 Feb 2009 12:56:38 -0500 http://seekingalpha.com/article/93363-bracing-for-another-round-of-credit-related-woes?source=feed#comment-242628 242628 Sun, 31 Aug 2008 13:06:57 -0400 http://seekingalpha.com/article/72534-what-s-ahead-for-real-estate-doing-the-math?source=feed#comment-152384 152384 Thu, 17 Apr 2008 14:37:52 -0400 http://seekingalpha.com/article/72534-what-s-ahead-for-real-estate-doing-the-math?source=feed#comment-152173 152173
Take over my mortgage doesn't work, we don't have takeover loans anymore, there are due on sale clauses on all loans.

I sell REO's and until those stop or slows down to where inventory is being reduced, we will not see an end to this crisis. When an REO comes on the market it is usually priced lower than the previous one that came on the market in order to get it sold. This is why we are getting the downward spirial and this is why this mess is going beyond the sub-prime and into the alt-A loans and the prime loans. Houses are not worth the mortgage people are paying and they are walking away. This will continue until something is done to stop the foreclosures.

The powers that be don't get it. They are so worried about "moral hazard" the buzz word of the free market and trickle down group...that they can't see the forest for the trees. It is common sense not economic jiberish. ]]> Thu, 17 Apr 2008 10:11:32 -0400
Take over my mortgage doesn't work, we don't have takeover loans anymore, there are due on sale clauses on all loans.

I sell REO's and until those stop or slows down to where inventory is being reduced, we will not see an end to this crisis. When an REO comes on the market it is usually priced lower than the previous one that came on the market in order to get it sold. This is why we are getting the downward spirial and this is why this mess is going beyond the sub-prime and into the alt-A loans and the prime loans. Houses are not worth the mortgage people are paying and they are walking away. This will continue until something is done to stop the foreclosures.

The powers that be don't get it. They are so worried about "moral hazard" the buzz word of the free market and trickle down group...that they can't see the forest for the trees. It is common sense not economic jiberish. ]]> http://seekingalpha.com/article/68173-bernanke-to-the-rescue-homebuilders-bounce-for-now?source=feed#comment-125533 125533 Wed, 12 Mar 2008 10:18:52 -0400 http://seekingalpha.com/article/56867-8-predictions-for-2008?source=feed#comment-105187 105187 Thu, 13 Dec 2007 10:55:17 -0500