Could a lot of investors quit buying properties b/c the mortgage will be too expensive, decreasing the # of buyers in the market, allowing cash buyers and owner occupants to have more opportunities??? 

The credit line is flexible & was at 9%, but has decreased down to 4.5%.

So even if we bottom out at the multiple in previous bottoms we can't base the bottom on today's earnings.Using that flat rate and assuming 460 is our bottom that would be a 34% decrease from where we are now.

Unless a borrower doesn't pay any closing costs, fails to make the first monthly payment, and gets foreclosed upon, then the buyer has skin in the game--albeit with low or no equity--and keeps adding more chunks of skin monthly.The "higher down-payment decreases the likelihood of an owner walking away from a home" argument is also a non sequitor.

Decrease your income taxes with these hints I promised my wife I'd work with her and be available to help with the income taxes for a couple days.

I think the point is that increased inflation and interest rates equals decreased property values because people can't afford to buy as much.

To put it in business terms, it will take time for individual Americans to rebuild their balance sheet and income statement following the collapse of their most valuable assets and the contraint on their cash flow from increased debt service and decreased revenue in many cases.

For increases in prices (or even just a stoppage in further price decrease) there has to be more demand and less supply.

The gov-mint intervention may have decreased the severity of the crisis, but it probably increased the duration.I agree that the next election will likely be an inflection point for the economy.

And...does that increase or decrease management fees?