ano epekto sa 'tin ng US mortgage meltdown?

[109]

stockmarket, apektado na.

marami daw nagbebenta ngayon ng bahay sa amerika, bagsak presyo.

dito kaya, bababa din presyo ng real estate? lote, bahay, condo

[n2knee]

stockmarket, apektado na.

marami daw nagbebenta ngayon ng bahay sa amerika, bagsak presyo.

dito kaya, bababa din presyo ng real estate? lote, bahay, condo

hindi apektado ang real estate dian.

yung mga karamihan na nagbebenta ng bahay dito ay yung mga may sub-prime loans. usually, mataas ang interest rate ng sub prime mortgage. may mga home owners din na, 3 or 4 years ago ay kumuha ng adjustable rate mortgage dahil mababa pa ang interest rates noon. ng biglang tumaas, tumaas din ang kanilang monthly payments, kasabay ng pagbaba ng value ng mga bahay na halos mas malaki na ang mortgage balance kaysa sa equity ng bahay, karamihan ay mas magandang solution ay ibenta na lang.

kung hindi ka naman nagbebenta ng bahay, ok lang dahil bumaba lang ang value ng bahay mo sa papel. basta kaya mo pang bayaran ang mortgage, "weather the storm" ika nga. predicted time period na mag stablize ang downward trend ng mga presyo ng bahay ay next year to early 2009. buyers market ngayon.

[uls]

walang effect sa real estate natin.

Ang effect lang puro investor sentiment. Kaya may araw na tataas ang stocks, may araw na bagsak. Wala pa kasi confidence ang mga investors.

Wala din effect sa mga bangko natin.

The effect down the line is this: If the US economy slows down, world economic growth would be affected.

.

[artpogi]

walang effect sa local real estate market yan....

[Jun aka Pekto]

There are parts of the US which is enduring a housing slump. But, the western US is still red hot and our house right now is double the price we paid for 3 years ago..

[empy]

expect the market to take a slight downturn, especially in financial services, since a US credit crisis upsets the delicate financial balance in the world financial market. it's already happened in the major European and Asian indices.

as far as local everyday life? not much.

[wildthing]

indirect effect meron sa whole economy ... pero sa real estate mahirap i-predict kasi value added selling ang real estate sa pinas.

[van_wilder]

liquidity ang unang tatamaan kaya yun stock exchange una nakaramdam dahil dependent siya sa volume and liquidity.

if walang liquidity, bank runs are not so impossible.

[CVT]

Takot na may crunch na sa mga perang puwedeng ipautang.... kaya ayan, apektado ang stock market sa buong mundo....

3606

[LadyRider]

stockmarket, apektado na.
marami daw nagbebenta ngayon ng bahay sa amerika, bagsak presyo.
dito kaya, bababa din presyo ng real estate? lote, bahay, condo

Totoo yung maraming nagbebenta na ng mga bahay sa US ngayon! My tenant na Pinoy from the US has a mortgage business in Orange County. He flies to and from Pinas almost every month (No kidding) lalu na pag nabobored sya sa Tate!
Recently, he told me that he wants to retire na dito sa Pinas kase nga his business is not doing so good. Dito na sya nag-iinvest ng pera nya. Bumibili sya mga mga lots then pinatatayuan nya ng apartment para maparentahan din nya.
After 10 years in that business dun sa US, dito rin sya pala babagsak sa sariling bayan nya!

[slamtaz]

stockmarket, apektado na.

marami daw nagbebenta ngayon ng bahay sa amerika, bagsak presyo.

dito kaya, bababa din presyo ng real estate? lote, bahay, condo

yup, they are indeed selling real low!!! even developers here are selling with a lot of incentives to the buyer kasi nga naman, they would prefer not to earn on the sale or even take a loss rather than keep the unsold properties and not be able to pay-off or default to the lenders/investors who provided the funds for the development of these properties. normal volume of properties is around 3-month housing inventory pero right now, the volume of available properties is at the eight to nine month housing inventory. ang dami na nga tumitiklop na developer &/or lender &/or investment houses eh, some of the big ones have already been published..

las vegas is one of the hardest hit in the country and the zip code where we live is in the top tier places where homeowners succumbed to foreclosures. bakit naman hindi and please correct me if i'm wrong, ang dami kasi pumatol sa different lending scheme about 2-3 years ago, one of which is the so-called ARM (i.e. adjustable rate mortgage, wherein if your actual rate is 6% & you availed of 1% ARM, your monthly payment will only be for 1% while the remaining 5% is added to the principal) and buyers thought that it was a bargain not knowing that after the intro period for the ARM lapses, they will be assessed the prevailing or higher rate at the even higher principal. Ayun, madami kasi malakas ang loob &/or hindi napaliwanagan ng husto kaya by the time the higher rate came in, KABAAAAM!!! Default si buyer and foreclosure ang hahantungan.

tama yung isang nag-post, the scenario is similar to what happened in thailand. although in here, the fed is hell bent on supporting the situation (i think they already poured in at least $50 - $70 bln to patch the bubble) knowing full well that if the bubble burst in america, the repercussions to the world economy is ginormously staggering

[empy]

ginawa kasing sugal ang home buying eh

i made a "killing" on my home during the boom years, and now i probably lost half my "earnings" in this down market. but i don't care. i bought my home to live in, not to speculate on :snob:

[slamtaz]

ginawa kasing sugal ang home buying eh

i made a "killing" on my home during the boom years, and now i probably lost half my "earnings" in this down market. but i don't care. i bought my home to live in, not to speculate on :snob:

Exactly! dami din bumili with the hope of a 6 figure windfall profit within just a couple of years which is one of the primary reasons people ignored the ill-effects of the various mortgage schemes.

they got burned :fire: ...burnt to a toast!!! :burn:

[oldblue]

marami daw nagbebenta ngayon ng bahay sa amerika, bagsak presyo.

dito kaya, bababa din presyo ng real estate? lote, bahay, condo

ok pala yan ah sana mangyari din dito