2006-12-11 14:48:48 · 5 answers · asked by reba h 1 in Social Science ➔ Economics
Begging people to borrow money to get a home. The housing market will not boom, boom. like the last couple years. I think a slow price correction will occur, but i think the correction will be good for people wise with thier money. The apperication vaules nationwide will start to go up in most place by late 2007. The places on the east and west coasts will probadly have the larger price drops because housing value cant go up 60% in one year. If you live outside the coasts, and the big urban areas dont have too much to worry about. Interest will probadly be not touched for a while here Benake just gonna let the market float around a little longer, and if inflation is low probadly not touch interest rates, but if inflation is on the horizon we may or may not, but I think 2007 will be tamer 2006 or 2005 still not bad.
2006-12-11 14:59:12 · answer #1 · answered by ram456456 5 · 0⤊ 0⤋
Do you have a question or are you just telling us what you saw in the paper the other day?
2006-12-11 15:57:20 · answer #2 · answered by KevinStud99 6 · 0⤊ 0⤋
Perhaps, but that is there to stimulate the housing market, which has been in a slump.
2006-12-11 14:50:53 · answer #3 · answered by watcherd 4 · 0⤊ 0⤋
Call up Wells Fargo and see what it actually is.
2006-12-11 16:39:16 · answer #4 · answered by Anonymous · 0⤊ 0⤋
reba h You are on TV now...
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2006-12-11 15:00:19 · answer #5 · answered by aei e 1 · 0⤊ 0⤋