Comments on: New President Elected. So What’s Next for the Housing Market? http://repdx.com/2008/11/04/new-president-elected-so-whats-next-for-the-housing-market/ Portland Oregon Real Estate Resources Thu, 22 Jul 2010 01:21:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: scone http://repdx.com/2008/11/04/new-president-elected-so-whats-next-for-the-housing-market/comment-page-1/#comment-691 scone Thu, 06 Nov 2008 20:24:39 +0000 http://www.repdx.com/?p=551#comment-691 Land seems to be pretty solid, not much price reduction, except for builders in trouble. We may see more of that next year. Land seems to be pretty solid, not much price reduction, except for builders in trouble. We may see more of that next year.

]]> By: bearlee http://repdx.com/2008/11/04/new-president-elected-so-whats-next-for-the-housing-market/comment-page-1/#comment-690 bearlee Wed, 05 Nov 2008 15:08:49 +0000 http://www.repdx.com/?p=551#comment-690 Genoa is staying up till Nov 22 for those of us who haven't yet made it and for regulars to say good bye. It was never in my budget but sometimes you just gotta splurge and experience the great life once in a while:O) 38 years...is that a record for a restaurant? Genoa is staying up till Nov 22 for those of us who haven’t yet made it and for regulars to say good bye. It was never in my budget but sometimes you just gotta splurge and experience the great life once in a while:O) 38 years…is that a record for a restaurant?

]]> By: Ron Ares http://repdx.com/2008/11/04/new-president-elected-so-whats-next-for-the-housing-market/comment-page-1/#comment-689 Ron Ares Wed, 05 Nov 2008 02:32:22 +0000 http://www.repdx.com/?p=551#comment-689 I did have a client tell me that the stock market volatility made them consider pulling some $ out of the market and buying a home instead. A bit of a surprise... No specific details about jumbos other than they are available (and probably expensive). FHA can go up to $418K in the tri-county area. Never got around to trying Genoa :( I did have a client tell me that the stock market volatility made them consider pulling some $ out of the market and buying a home instead. A bit of a surprise…

No specific details about jumbos other than they are available (and probably expensive). FHA can go up to $418K in the tri-county area.

Never got around to trying Genoa :(

]]> By: bearlee http://repdx.com/2008/11/04/new-president-elected-so-whats-next-for-the-housing-market/comment-page-1/#comment-688 bearlee Wed, 05 Nov 2008 01:23:43 +0000 http://www.repdx.com/?p=551#comment-688 Well, since you asked...prices are still way, way out of line with incomes. And now that folks are feeling it in the '401K' they may reconsider LARGE purchases such as a house. Or they may think that a house is a safer investment(?) than the stock market but then again both investment routes have been proven quite risky in the past year. Ugh! BTW, did that local lender talk about the jumbo loan situation? RIP Genoa:O( Well, since you asked…prices are still way, way out of line with incomes. And now that folks are feeling it in the ‘401K’ they may reconsider LARGE purchases such as a house. Or they may think that a house is a safer investment(?) than the stock market but then again both investment routes have been proven quite risky in the past year. Ugh!

BTW, did that local lender talk about the jumbo loan situation?

RIP Genoa:O(

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