Forgotten Your Password?

Need to Register?

Question Icon

Are we at the end of real estate melt-down or will there be a double-dip recession?

I have heard about double-dip and even opn this site someone posted about double-dip. does that mean it will get even much worse than this? I am only talking about property value nothing else. by JoeMoradifar from Thousand Oaks, California. Jun 28th 2010 Reply


Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions

There are too many factors not in anyone's control for anyone to make that prediction. I think people should start acting independently of what he says and what she says and do what fits their financial goals. If you are waiting for the bottom, you will miss it. By definition, the bottom can only be realized after values start going back up; and then it's too late. Gregorio Denny --WeFixRates.Com--

Jun 28th 2010
2
0
Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions

Lenders are releasing their REO property more carefully. They're not dumping a ton on the market at one time. We are still in serious times. Values may stabilize, or go up, or down a little, depending on were they are situated. ....If you buy your home, to enjoy as a home, not as an investment, you'll be happy. ... Happy funding, Rudi

Jun 30th 2010
0
0
Subscribe to our news feed.