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Alright Ohio!!!


Casper

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It's not hard to lead the gains when you also have the cheapest houses in the country.

a $100 house going to $200 is a 100% gain...

But on that note, my house went up for the first time in a fair long time this past quarter... yay!

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These prices have still not sorted themselves from the artificially high cheap credit prices. They are still shored up in value by the stimulus that hasn't allowed a proper bottoming. Don't count on a valuation trend going as high as fast again.

Not a specialist, just a skeptic.

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Values may be going up, but banks aren't financing any mortgages in "high-risk" areas. A buddy of mine tried buying a house in Akron, between him and his wife they had almost 50% down and a credit score of 790. Denied, and by multiple banks.

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Values may be going up, but banks aren't financing any mortgages in "high-risk" areas. A buddy of mine tried buying a house in Akron, between him and his wife they had almost 50% down and a credit score of 790. Denied, and by multiple banks.

Wow, I'm single, credit in the 700s, and had zero down. I didn't have any trouble buying a house this past month. That must be really frustrating for your friends. gl to them.

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Values may be going up, but banks aren't financing any mortgages in "high-risk" areas. A buddy of mine tried buying a house in Akron, between him and his wife they had almost 50% down and a credit score of 790. Denied, and by multiple banks.

I think there may be something your friend is not telling you. :confused:

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I had problems getting a bike loan ($4K) even with a co-signer who paid off a $70K mortgage with them... but that was all PNC/National City. I think certain banks are just being a bit over precautious.

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