Is the future of new home sales going to be good?
February 212010
I just finished training with Maronda Homes. I want to know that with hard work can I make 150,000 and up year in, year out. Or is the market only good for the next few years?
people will always need 1) water, 2) food, 3) clothing, 4) shelter (sex should be in there someplace too) anyway, housing will always be a basic need and our population will continue growing both internally and from immigration. i think there is a slowly building explosion of housing needs. many of the illegal immigrants will be a form of amnesty. many have a lot of people in one housing unit. as they succeed in the u.s. economy they will break into multiple households and want more houses, and bigger houses.
February 22nd, 2010 at 1:40 am
not as good as the last two years.. lending standards are going to make it harder for sub-prime borrowers to get mortgages, on top of the fact that we’re facing the lowest level of home price appreciation in years. You might make that much if you do well, but don’t count on the next few years being as good as the last few. Things tend to pick up again after a few years, that’s just how the business goes
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I analyze mortgage backed securities.
February 22nd, 2010 at 2:04 am
market’s gonna take some time to improve. things will be bad for at least a yr or 2
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February 22nd, 2010 at 2:25 am
people will always need 1) water, 2) food, 3) clothing, 4) shelter (sex should be in there someplace too) anyway, housing will always be a basic need and our population will continue growing both internally and from immigration. i think there is a slowly building explosion of housing needs. many of the illegal immigrants will be a form of amnesty. many have a lot of people in one housing unit. as they succeed in the u.s. economy they will break into multiple households and want more houses, and bigger houses.
References :