Mortgage Forum
How Housing Prices Will Be Affected
This is a topic titled How Housing Prices Will Be Affected made in the Home Mortgage section, belongs to our Mortgage Chat category; ---Quote (Originally by Desperate)---I bought my house in 2005 for $329,000 I put 20% down and have 816 credit score. My house is now worth $182,000.---End ...
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| Members List | Search | Today's Posts | Mark Read |
May 21st, 2008, 04:25 PM
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| Member Registered: May 2008
Posts: 62
|  How Housing Prices Will Be Affected ---Quote (Originally by Desperate)---I bought my house in 2005 for $329,000 I put 20% down and have 816 credit score. My house is now worth $182,000.---End Quote---I don't mean to be off-topic (I wish you the best with your predicament) but I was just wondering out loud how low people think prices will go. If history is any guide in previous real estate collapses (though of course nothing of the magnitude of the American collapse has ever been seen before in the world) then we should be seeing house prices bottom at around the 10%-of-bubble-max price or so (give or take.)Any thoughts? |
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