http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/ Have Blog. Will Travel. Sat, 11 Feb 2012 18:54:27 +0000 hourly 1 http://wordpress.com/ http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/#comment-115471 Tue, 13 Jul 2010 21:20:03 +0000 http://joeduck.wordpress.com/2007/09/15/talent-oregon-real-estate-2/#comment-115471 Although this article is now out of date is serves as a good reminder of the position we could have ended up in if it wasn’t for the forward thinking of our national leaders who have since agreed to act in a ‘coalition’ to prevent such a financial mess ever again. Fingers crossed!

]]> http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/#comment-54918 Sat, 22 Sep 2007 11:58:17 +0000 http://joeduck.wordpress.com/2007/09/15/talent-oregon-real-estate-2/#comment-54918 hello i think this is great to you
Costa Blanca estate agent offers spanish property for sale from apartments to villas new builds and resales.
spanish property for sale

]]> http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/#comment-53957 Sun, 16 Sep 2007 16:40:03 +0000 http://joeduck.wordpress.com/2007/09/15/talent-oregon-real-estate-2/#comment-53957 I think the impact of this on the full economy remains to be seen. Around here foreclosures are supposed to peak around January. If we don’t see prices bounce back next spring, and I’m assuming we will not, “regular” mortgage holders could start to fall victim to the challenge of owing more than the home is worth. Yesterday I was hunting for rentals. One deal is at 175k asking price where the person owes 215k to the bank already, though I’d guess the bank would accept the lower amount to avoid all the foreclosure hassles. Yet even this “good” deal that approaches positive cash flow as a rental is not good enough to get me involved.

]]> http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/#comment-53911 Sun, 16 Sep 2007 09:05:48 +0000 http://joeduck.wordpress.com/2007/09/15/talent-oregon-real-estate-2/#comment-53911 The famed ‘escalator’ of rising real estate prices finally came to an end when those without two cents to rub together were able to obtain mortgages. Why not give a mortgage to a marginally employed illegal immigrant? Its not as if the mortgage company/bank/etc. would suffer. If everyone just commoditizes loans and sells them as packages “local impact” is irrelevant until that escalator ends! Then the weakening of the subprime market starts to have a ripple effect in financial circles and in local markets that are suddenly beset by a glut of properties being offered for sale. Prices may fall enough that those with equity and with good credit still suffer when they walk out their front door and find their home’s value is tarred by the impact of all those other houses sporting for sale signs!

]]> http://joeduck.com/2007/09/15/talent-oregon-real-estate-2/#comment-53905 Sun, 16 Sep 2007 08:24:00 +0000 http://joeduck.wordpress.com/2007/09/15/talent-oregon-real-estate-2/#comment-53905 [...] Talent Oregon <b>Real Estate</b> [...]

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