2009 Market Predictions – Submit Yours!
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It’s that Time of Year again 2009 predictions.
Comment on your TOP Three (3) Real Estate, Finance/Mortgage and Economic 2009 Predictions. Whoever’s Predictions first come to fruition and scores a Trifecta will win themselves $300 (from Your Mortgage Planner 2.0 Blog). Thus make sure your predictions are in order of first occurrence to last occurrence. Check back often to see who’s on point with the market.
Your Mortgage Planners Predictions 2009:
1. 30 YR Mortgages will not drop below 4.5% for longer than a 1 day window.
2. Bank of America will incur massive mark downs and market loss due to the bad assets taken on through Country Wide and Merrill Lynch acquisitions
3. Foreclosures will slow and numbers will retract and stabilize in September 2009. October Revised numbers will reflect adjustments.
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No related posts.
1 – Pending home sales up sharply in Spring.
2 – FHA limits get raised again.
3 – Wells Fargo will be best of breed in stock gains for 09.
Happy 2009 everyone!
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Predictions are not very much useful. We should always be prepared for future adverse conditions.
[...] 2009 Market Predictions – What are yours? Now, I may disagree with the author, who was a bit negative for my pro-RE.covery philosophy for 2009, I sure appreciate his desire to engage and get readers opinions. Here’s his twitter profile. [...]