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Reply #9: They're holing an auction of foreclosed homes this weekend out here in LA. n/t [View All]

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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-25-09 05:01 PM
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9. They're holing an auction of foreclosed homes this weekend out here in LA. n/t
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  -Flood of Foreclosures: It's Worse Than You Think Donnachaidh  Jan-25-09 03:43 PM   #0 
  - housing prices are still wayyyyyy overinflated, so sadly, they need to come down  soothsayer   Jan-25-09 03:45 PM   #1 
  - But, will the price of ALL property go down too?  ColbertWatcher   Jan-25-09 05:02 PM   #10 
  - It truly feeds on itself, akin to man-eating organisms  indepat   Jan-25-09 03:46 PM   #2 
  - Well, if banks aren't granting mortgages, and hundreds of thousand  napi21   Jan-25-09 03:55 PM   #3 
  - states rely heavily on taxes from homeowners....this will compound the  Gin   Jan-25-09 04:00 PM   #4 
  - I thought that was what the TARP money was for?  rucky   Jan-25-09 04:00 PM   #5 
  - Yep - lenders are not yet organized enough to get the stuff listed for sale.  DURHAM D   Jan-25-09 04:07 PM   #6 
  - I would never live anywhere that had a HOA n/t  Ex Lurker   Jan-25-09 04:37 PM   #7 
     - In some communities it is the only affordable housing. eom  DURHAM D   Jan-25-09 04:50 PM   #8 
  - They're holing an auction of foreclosed homes this weekend out here in LA. n/t  ColbertWatcher   Jan-25-09 05:01 PM   #9 
  - Showed one yesterday (I'm a broker).  mmonk   Jan-25-09 05:39 PM   #11 
 

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