Slow Down?

[J Grant]

Wow. You really need to learn how to read. Every year the complaints are the same about slowing down and every year there is always a different “degree” to it. Please supply some facts to support your Opinion. Use reliable sources. Not internet crap.

WT?? My opinoin is about the posts right here on this thread as far as our conversation about it. You seem to take a different message from them than I do, leave it at that.

 

[James Micozzi]

WT?? My opinoin is about the posts right here on this thread as far as our conversation about it. You seem to take a different message from them than I do, leave it at that.

typical tactic. avoid, avoid, avoid.

 

[J Grant]

Wow. You really need to learn how to read. Every year the complaints are the same about slowing down and every year there is always a different “degree” to it. Please supply some facts to support your Opinion. Use reliable sources. Not internet crap.

WT?? My opinion was about the posts right here on this thread as far as our conversation about it, and nearly every poster that is slow said the same thing, this time feels different and is much more dead than prior seasonal year slowdowns. . You seem to take a different message from them, what else can I say. As far as "facts"...about mortgage originations I just provided two, yes from the internet where there are ton more...the internet is where people download articles from...you provide a source other than an internet, this is a nasty board trick, demanding someone produce "sources"....

 

[J Grant]

typical tactic. avoid, avoid, avoid.

I don't know you, never saw you participate on the board prior to this thread, never interacted with you, am finding out I'd rather not continue .

 

[James Micozzi]

I don't know you, never saw you participate on the board prior to this thread, never interacted with you, am finding out I'd rather not continue .

Never saw me participate? Guess you can't use the forum search feature either. You give up way too easily. Hate to see you if you had to fight in a war.

 

[ICT RE]

The Fed doesn’t raise rates - as we just saw - during a weak economy, so to say our current economy is flagging conveys a lack of basic economic understanding.

Actually, they probably should’ve raised rates some time back, seeing the massive disconnect that has occurred between wage growth and housing appreciation curves. That’s a real, structural problem moving forward, and while higher lending costs (and thereby a lower supply of money in circulation in the RE market) are not a silver bullet for the above disconnect, it’s at least a start. If housing values fall some here in the near term, it could simply be argued to be a market correction.

Certainly sucks for everyone who makes a living via the housing machine, but it’s not the canary in the coal mine.

 

[Michigan CG]

 

[Michigan CG]

The Fed doesn’t raise rates - as we just saw - during a weak economy, so to say our current economy is flagging conveys a lack of basic economic understanding.................. If housing values fall some here in the near term, it could simply be argued to be a market correction.

Certainly sucks for everyone who makes a living via the housing machine, but it’s not the canary in the coal mine.

Oh, stop it. The economy is false and weak and we are facing a massive slowdown.

 

[ICT RE]

*The overall state of the US economy.

*Specific market activity volume in real estate, development and construction in the residential realm.

Two separate discussions. Not mutually exclusive, but close.

 

[djd09]

Millennials struggle to afford homes over high debt, no savings
CENTERVILLE, OHIO —

Nearly half of U.S. millennials who want to buy homes have no savings for a down payment.
Stagnant wage growth, growing student debt and rapidly rising home values have compounded to leave millennials who want to buy homes struggling to find the cash.

Almost nine in 10 millennial renters plan to buy a house in the future, but 30 percent won’t for more than five years, according to a recent study from apartmentlist.com.

But rent is high, real estate agent Billie Duncan-Hart said, and millennials who want to purchase a home can find mortgage payments that are roughly the same as the rent they’re already paying in most parts of the Dayton, Ohio area. Even though median home prices continued rising amid short inventory last year, the Dayton area is still more affordable than most other metros in the nation.

https://www.ajc.com/news/national/m...ver-high-debt-savings/j5jgPdVM9lHg0UDfx0fiKM/

The fence is only as strong as it's weakest link.