I have been following the housing market for a bit more than 2 years now. I think Mr. Green Span also said that we would likely to have local downturn; I live in Orange County, one of the hottest market in the US. I don't think there is a burst coming soon at all. There are too many people moving to OC; the jobs here are to diversified;
There is a slow down right now, and I think it will drag for years!
Vu
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Other reader comments on this article
Comment
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Date
In all of the negative commentary I've read in response to my factual comments, I have heard nothing FACTUAL that... [MORE]
Kenneth J. Jones
Mar 29, 2007 08:36
Jones -- Your fondness for capital letters and smug indignation doesn't substitute for the FACT that you haven't answered any... [MORE]
BLANEY
Mar 29, 2007 18:41
"To the ignorant and depressed among us:" Kenneth Jones? Did you even bother to read the response to YOUR ignorance,... [MORE]
Roy A. Hughes, III
Mar 29, 2007 22:21
Mr. Jones- Your attempt to paint a rosy outlook on the housing market is kind of sad. I realize you... [MORE]
Cornelius
Mar 28, 2007 15:17
It is now April 12, 2007. Ive been in phoenix for about 6 weeks looking for a home and am... [MORE]
bank of amigo
Apr 12, 2007 12:26
Dear Mr. Case:
I don't doubt the experiences of you and your friend. However, isolated cases of personal experience, upleasant as... [MORE]
Kenneth J. Jones
Mar 28, 2007 07:00
There is one hint that prices will drop. No one can afford even a decent condo today. If you have... [MORE]
Blaney
Mar 28, 2007 18:14
I for one agree with what Mr. Case's article contained and let me tell you why...
My wife and I bought... [MORE]
Roy A. Hughes, III
Mar 28, 2007 21:53
Mr. Krystofiak is apparently not a student of history. IN FACT, during the worst real estate markets since the great... [MORE]
Kenneth J. Jones
Mar 28, 2007 05:01
While I haven't read the NAR data to which Mr. Jones refers, I DID live through the late 80's and... [MORE]
Rick Case
Mar 28, 2007 06:31
I lived in Austin TX from 1983-95...The 1985-92 bust ranged from 25% to 50% decline depending on location and quality... [MORE]
Army No. Va.
Mar 28, 2007 21:13
Your story is right people making 40,000 a year can never repay a 500,000 fix @ 30 years let alone... [MORE]
notarealtor
Mar 27, 2007 20:38
We are just at the beginning of this Housing Crash. Just look at how ridiculous things got. Homes appreciatated from... [MORE]
Bruce Bartman
Mar 27, 2007 19:08
Many people believe that this will all blow over in a few months. Most don't understand the causes of the... [MORE]
Don
Mar 27, 2007 15:45
We won't have hit bottom until it becomes "common knowledge" that it never makes sense to buy when you can... [MORE]
Paul
Mar 27, 2007 12:50
I'm amazed by economists who can't clearly see that housing is going to be in trouble for the next few... [MORE]
Charlie
Mar 27, 2007 09:18
D:
Most major economists like Paul Krugman of Princeton and Schiller of Yale have been saying there is and will be... [MORE]
bababoey
Mar 27, 2007 08:22
Dan
Great article. We definately have not seen the worst of this real estate downturn. As a real estate broker and... [MORE]
Stan
Mar 27, 2007 01:01
I have been following the housing market for a bit more than 2 years now. I think Mr. Green Span...
Vu Nguyen
Mar 27, 2007 19:45
In many parts of New York City values seem to be holding up. In Brooklyn we still have areas moving... [MORE]
Marc
Mar 27, 2007 20:44
Lenders have provided programs to qualify most any buyer today. Loan officers are not properly
trained to sell sophisticated mortgage products.... [MORE]
Jim
Mar 28, 2007 10:29
Comment on On Housing, ‘Worst Is Yet To Come'
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