No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
Welcome, Unregistered.
User Name
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate General > Real Estate Daily News
Thread Tools Search this Thread Display Modes
Old 10-31-2005, 06:31 AM
Posts: n/a
Lightbulb U.S. residential real estate market - Ends of five-year boom?

MATT RIVERAS , area vice president with Wells Fargo Home Mortgage in Santa Rosa, discusses recent warnings from federal banking regulators about the condition of the U.S. residential real estate market.

PRESS DEMOCRAT: Federal bank regulators are warning banks and other mortgage lenders that the end of the five-year housing boom could cause problems, both for lenders and for consumers. What do regulators fear might happen if the housing boom ends?

RIVERAS: When long-term rates rise, it can have a negative effect on home prices. If, for some reason, interest rates are going up at the same time that family income levels are dropping or there is high unemployment or inflation, this can create an uptick in delinquency rates or foreclosures.

However, the labor market is strong nationally and interest rates are still quite low by historical standards. In addition, housing price gains in 2006 are expected to continue to be healthy, but at a more sustainable pace.

Read more:
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

All times are GMT -8. The time now is 11:54 PM.

Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.