Who doesn’t? With the economy in a perpetual tailspin, the job market falling through the floor and house prices dropping to levels NO ONE has seen in close to 30 y ears. . .

Who doesn’t?

But with average home prices close to 200k, even paying as little as 4% extra (or allowing a deal to go through without a 4% seller subsidy) will wipe out that $8,000. … $8,000 is equivalent to $40,000 of house value, if you figure a 20% down payment….Technically you don’t have to own the house by April 30, you just need to be under contract.

House Prices Increases from Debt and Investors….Melbourne house prices have trebled since 1997, not because our incomes trebled, but because we paid those prices by a massive increase in debt….

And if he walks, he thinks he’ll be able to rebuild his credit faster than the house would regain the value of his mortgage. … The increased demand helped push prices to record highs….It’s a question being debated in many households nationwide as the housing crunch continues

LONDON — British house prices fell 1. 5% on average in February, ending seven consecutive months of price rises, mortgage lender Halifax reported Thursday….

My guess is that it was the resilience of house prices that pushed them –…

Or house prices will stop spiralling higher.

Or house prices will stop spiralling higher. But the overwhelming concern is jobs….

However, if house prices start rising dramatically this year, then that situation could change and lenders may well be tempted by the chance to get rid of late payers w…