Comments on: Will the Federal Housing Tax Credit Increase Foreclosures? http://www.allmandandlee.com/bankruptcy_blog/foreclosures/will-the-federal-housing-tax-credit-increase-foreclosures/ Bankruptcy Attorney Reed Allmand Wed, 03 Feb 2010 13:22:05 -0600 http://wordpress.org/?v=abc hourly 1 By: <fb:name linked="false" useyou="false" uid="100000273283327">Alvina Lofton</fb:name> http://www.allmandandlee.com/bankruptcy_blog/foreclosures/will-the-federal-housing-tax-credit-increase-foreclosures/comment-page-1/#comment-2651 Alvina Lofton Fri, 18 Sep 2009 18:04:39 +0000 http://www.allmandandlee.com/bankruptcy_blog/?p=2706#comment-2651 Buying a home is such a huge commitment that must be taken seriously. Being prepared to pay a down payment and having money in an emergency account for rainy days is the best thing to do. Buying a home is such a huge commitment that must be taken seriously. Being prepared to pay a down payment and having money in an emergency account for rainy days is the best thing to do.

]]> By: Jacob Decker http://www.allmandandlee.com/bankruptcy_blog/foreclosures/will-the-federal-housing-tax-credit-increase-foreclosures/comment-page-1/#comment-2593 Jacob Decker Sun, 13 Sep 2009 04:09:44 +0000 http://www.allmandandlee.com/bankruptcy_blog/?p=2706#comment-2593 The mortgage industry has employed many disappointing tactics to boost short term sales. Unfortunately, supply and demand will level the mortgage/housing industry to its optimal level. Currently, we are experiencing a substantial shrinking of the elasticity in the mortgage/housing market. Mark my words the next industry to bottom out is the commercial real estate market. Did you notice in the DFW area how many cranes were operating 8 months ago? Have you noticed how many are operating today? Have you seen an increase in the vacancy in commercial real estate? The DFW economy is driven in large part by the commercial real estate sector. If the market tanks as I forcast it will, then we are really in for some hard times. Until at least 2011 and foreseeably 2012. The mortgage industry has employed many disappointing tactics to boost short term sales. Unfortunately, supply and demand will level the mortgage/housing industry to its optimal level. Currently, we are experiencing a substantial shrinking of the elasticity in the mortgage/housing market. Mark my words the next industry to bottom out is the commercial real estate market. Did you notice in the DFW area how many cranes were operating 8 months ago? Have you noticed how many are operating today? Have you seen an increase in the vacancy in commercial real estate? The DFW economy is driven in large part by the commercial real estate sector. If the market tanks as I forcast it will, then we are really in for some hard times. Until at least 2011 and foreseeably 2012.

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