Housing

Homebuilder mood near record low

I think the Fed is trying to take the big homebuilders out. The mega builders are part of the problem they keep building more homes flooding the already saturated market. Fewer choices will stabilize things a little.  (Mar 17, 2008 | post #1)

Mortgage

Fed Easing Liquidity in Funding Markets

Get ready people, your equity is gone gone gone. Unless they go back to loser credit, forget about it. How are you going to sell your home with no qualified buyers?? More homes on the market means lower prices and foreclosures, it's real simple. Hell the average person can't even put money down on a new car let alone a house. Come on!  (Mar 17, 2008 | post #29)

Mortgage

Bush says the economy is in 'challenging times' but administrat...

I have to give it to him, he can really put a good spin on things. He has to spin things, otherwise poeple will realize their homes maybe worth half as much when this mess is over. Don't worry be happy***  (Mar 17, 2008 | post #85)