[MeneMeneTekelUpharsin]

I guess I'll just post this for documentation without further comment.

[misterrob]

When they start cutting the Fed rate we will likely see a start market rally of 5-8%.

[stylin19a]

hey...where's your ping list ?

doom & gloom - ping !
sky fell and is still falling - ping!
trillions lost in equity - ping!
pimp my ARM - ping!
we're all doomed - ping!
increase in homeless right around the corner - ping !
100 year mortgage term - ping!

[osideplanner]

California numbers for July. FYI

Fast Facts

Calif. median home price - July 06: $567,360 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region July 06: Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region July 06: High Desert $333,330 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 06:

23 percent (Source: C.A.R.) Mortgage rates - week ending 9/14:

30-yr. fixed: 6.43%; Fees/points: 0.5%

15-yr. fixed: 6.11%; Fees/points: 0.4%

1-yr. adjustable: 5.60%; Fees/points: 0.7%

(Source: Freddie Mac)

CAR= Cal Assoc of Realtors

[GOP Poet]

bookmark for later

[Proud_USA_Republican]

Where is this big inventory of available homes? Not in Seattle where prices continue to flatline and the bidding wars continue.

[MeneMeneTekelUpharsin]

Thought you might like to know, a good friend of mine in Pflugerville, Texas was extremely upset today. Realtor suggested they drop the price of their house $20,000 in order to get it to sell after months on the market. Just another little tidbit for you.

[peggybac]

I'll be buying my very first house in a few months. So much to learn, so little time.