US Housing Bubble? Oh, c'mon! - Posted by Jerry

Posted by Nate(DC) on March 05, 2003 at 20:01:44:

Well, it’s not like rates could realistically fall much further.


US Housing Bubble? Oh, c’mon! - Posted by Jerry

Posted by Jerry on March 05, 2003 at 14:06:02:

Don’t you trust Greenspan anymore?

Re: US Housing Bubble? Oh, c’mon! - Posted by js-Indianapolis

Posted by js-Indianapolis on March 05, 2003 at 14:14:16:

Finally, someone gets it.

“Clearly, after their very substantial run-up in recent years, home prices could recede,” Greenspan said. “A sharp decline, the consequences of a bursting bubble, however, seems most unlikely.”

Like a good politician … - Posted by Robert Campbell

Posted by Robert Campbell on March 05, 2003 at 17:19:41:

Greenspan is just hedging his bets with this statement.

Rightfully or wrongfully, after being blamed by many (what else is new is our “shift the blame society,” right?), if this is a housing bubble ready to burst, Greenspan likely wants to go on record with his real estate warnings.

“If interest rates rise,” Greenspan says, “we can expect home prices to fall.”

At this point in the real estate cycle, it truly makes me wonder if Greenspan knows something we don’t.

Robert Campbell

Huge Deficits… financed @ Auction - Posted by JT-IN

Posted by JT-IN on March 05, 2003 at 21:56:37:

In Treasury Notes, will create more supply than demand for investors, hence T-Note rates will rise… and mortgage rates will rise in mirror fashion.

Higher mtg rates are out there… within the next year, or less…