MichaelC 160 Report post Posted March 25, 2011 A decidely pessimistic view of the housing market: here and here. Hey, don't kill the messenger And a somewhat lighthearted look at why housing prices are going to fall another 20%: at least according to this guy. Share this post Link to post Share on other sites
BuyKnoxville 0 Report post Posted March 25, 2011 I think your right. I have studied our local market to death and so many people are in that 10% equity range and less and have their homes on the market with a Realtor just wasting time and making payments when they could of done a lease option on their home and at least got right side up. I think the market will take a lot of those people down over the next year. It's so plain to see. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 25, 2011 It's so plain to see.What's that saying. . .oh, yeah: "You can't see the picture when you're inside the frame". Share this post Link to post Share on other sites
<Steve> 82 Report post Posted March 25, 2011 I think we should strip the vacant foreclosures for what ever can be sold or reused and then tear them down, reducing the inventory. Share this post Link to post Share on other sites
