|
PureBytes Links
Trading Reference Links
|
The banks have insurance that covers their you know what.. so they just want
to peddle it and get it off their books... so part will be the value of
realestate going down part will be the banks just want to get rid of it.....
.. auctions ... highest bidder wins....
----- Original Message -----
From: "Neal Hughes" <neal@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, November 09, 2001 10:30 AM
Subject: Re: [RT] Debt
>
> You say 40%...
> Homes will 38.2% of prior highs, Fibonacci..
>
> -Neal.
>
> At 10:17 AM 11/9/2001 -0500, you wrote:
> >Add to that the appraisers who figured out how to inflate the appraisal
so
> >the homeowner did not have to pay points.. so when the value of the home
> >goes below the mortgage... the yuppies walk away and the bank owns
> >them..... thats when you sit back and wait for the bank auctions........
> >they will come............... save your $$$$ homes will be avail for
40%
> >of today's value by yr 2005-2006
> >----- Original Message -----
> >From: "Ira Tunik" <irat@xxxxxxxxx>
> >To: <realtraders@xxxxxxxxxxxxxxx>
> >Sent: Friday, November 09, 2001 9:57 AM
> >Subject: Re: [RT] Debt
> >
> >
> > > The real-estate cycle is about every ten years. There was a bust in
the
> >60s, the
> > > 70s and the 80s. Now maybe in the 2002s. The thing is that prices
never
> >go down
> > > to were they were in the last cycle. Inflation takes care of that
along
> >with
> > > 125% home loans. Are there any S&Ls left to go broke or does the Fed
> >ultimately
> > > hold all the paper once again? Oh! I almost forgot about all those
> >mortgage
> > > backed securities that the brokerage firms foisted upon the public
once
> >again.
> > >
> > > Dorothy Carter wrote:
> > >
> > > > cycles have to play out... you can't trick them to speed up... it's
like
> > > > asking a tulip to push through snow in order to bloom....... These
> >larger
> > > > cycles were in play before Bush became Pres. and prior to
911.......
> >with
> > > > large layoffs.. banks end up owning a lot of realestate.... in a
few
> >yrs..
> > > > auctions at banks will be good fire sales...... have experienced
this
> >cycle
> > > > before in Alaska back in early 80s.......... Now the post office
bail
> >out
> > > > will be as costly as the airline bailout.... DEBT DEBT DEBT.. one
> >small
> > > > check from Uncle Sam won't last 1 month in the hands of those who
need
> >it.
> > > > ----- Original Message -----
> > > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Friday, November 09, 2001 6:33 AM
> > > > Subject: Re: [RT] Debt
> > > >
> > > > > I read within the past few days that only 20% of the tax rebates
were
> > > > spent,
> > > > > the rest went into savings and debt paydown. I suppose that if the
> >next
> > > > > package goes to those who have to spend it there will be spending
but
> > > > > otherwise, from the standpoint of economic stimulus, looks like
> >another
> > > > > waste of the surplus.
> > > > >
> > > > > Earl
> > > > >
> > > > > ----- Original Message -----
> > > > > From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> > > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > > Sent: Thursday, November 08, 2001 4:17 PM
> > > > > Subject: Re: [RT] Debt
> > > > >
> > > > >
> > > > > > corp name...... and the corp calendar to float more debt
> >continues...
> > > > then
> > > > > > there is the consumer....... DEBT... DEBT .... DEBT......It not
> >just
> > > > the
> > > > >
> > > > >
> > > > >
> > > > > To unsubscribe from this group, send an email to:
> > > > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > > > >
> > > > >
> > > > >
> > > > > Your use of Yahoo! Groups is subject to
> >http://docs.yahoo.com/info/terms/
> > > > >
> > > >
> > > > To unsubscribe from this group, send an email to:
> > > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > > >
> > > >
> > > >
> > > > Your use of Yahoo! Groups is subject to
> >http://docs.yahoo.com/info/terms/
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> > >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|