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To: ex-Texan

You're cherry-picking your excerpts. Also from the linked article:

"Overall, most consumers remain optimistic about the future trend of housing prices in their local markets. While about one in three consumers feel a housing bubble could burst in their local areas, only 11% say housing prices in their local market will decline over the next year. Another 27% expect housing prices to stay the same. Still, 6 in 10 consumers expect housing prices to increase in their local areas. While these expectations are less optimistic than those observed a year ago, they likely do not reflect a belief that bubble-bursting in selected markets across the nation will lead to a widespread decline in housing prices."


2 posted on 04/19/2006 10:10:19 PM PDT by RegulatorCountry
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To: RegulatorCountry

Gallop requires the FR publish no more than 300 words or less. Talk to Gallop about your concerns.


4 posted on 04/19/2006 10:13:41 PM PDT by ex-Texan (Matthew 7:1 through 6)
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To: RegulatorCountry

I've been hearing an awful lot of radio ads for insane mortgages, and I've read that many people are using them to buy homes. Many of these people will not be able to afford the homes they're in if interest rates go up. I expect there to be a lot of foreclosures, and I can't imagine that could happen without a serious drop in housing prices.


5 posted on 04/19/2006 10:15:01 PM PDT by supercat (Sony delenda est.)
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To: RegulatorCountry
Guess this was your REAL contribution to the discussion tonight:

1BLOGPIMP; 1PIMP; BLOGHOE; BLOGPIMP; BLOGWHORE; BROKENRECORD; ILOVETOPIMPMYBLOG; REALESTATE; SHUTTHEHELLUP; SPAMMER; SPAMSPAMSPAMSPAM;

7 posted on 04/19/2006 10:18:22 PM PDT by ex-Texan (Matthew 7:1 through 6)
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To: RegulatorCountry

In all fairness may I ask if you are in any aspect of the real-estate trade, from selling houses, flipping, construction firm, banking or any type of a housing supplier (copper, lumber, glass, paint, zinc, nickel, nails, etc, etc) ?


62 posted on 04/20/2006 6:41:26 AM PDT by M. Espinola (Freedom is never free)
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