For many years scum bag realtors have been claiming that the bottom of the housing market has been reached only hoping to boost their sales.
Well folks, on Jan 31st, 2012. I am telling you that in my opinion we have now reached the bottom of the housing market and that prices will only rise from this point forward. Not saying they will rise astronomically but house prices will no longer crash until after the next peak is reached.
1) The New Harp 2.0 program will give responsible home owners a reason to stay in their home.
2) Foreclosures will no longer be a major anchor on the housing market because most of the foreclosures that were going to happen have occurred already, and Harp 2.0 and other refinancing options being talked about will give responsible home owners who have stuck it out this far a reason to continue doing so.
3) All the people who strategically defaulted back in 2008 have recovered their credit almost to the point where they can actually qualify for a mortgage again. From now on as each month passes more and more of the original losers who created this mess in the first place will now be able to get mortgages again at the lower home prices. I predict that this will be the major factor in driving house prices higher, as all the sub prime borrowers who got foreclosed on will start to feast their greedy eyes on mortgages, and house profits once again.
So everybody...Housing Fear is ending...And Housing Rise is about to begin once again.
Jan 30th, 2012...The Housing Crash has hit Bottom, and it's all uphill from here.
And if you are the girl in the photo...Please email me because I would like to buy you some drinks sometime.
Monday, January 30, 2012
Posted by Chris at 11:03 AM