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To: Fee
The lenders I have talked to are telling me they are pacing the releases so as not to flood. They will stay with short sales longer, so there may be an increase there. Don't know how ,long that will last. I know more are coming. I look for interest to go up a point or so and that will even off some of the drop.

How far do you think prices will drop, say in San Diego? We have had a slight increase three of the last four months.

54 posted on 09/18/2009 6:44:09 PM PDT by nufsed (Release the birth certificate, passport, and school records.)
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To: nufsed

Home prices will depend heavily on if people have jobs to buy homes, or a couple have jobs to keep up with their mortgage payments How does the job situation look in San Diego, CA? That is the local barometer you must use to determine if prices will go up, remain the same or drop.


68 posted on 09/19/2009 12:35:08 AM PDT by Fee (Peace, prosperity, jobs and common sense)
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