Comments on: Home Values Jump – LA Times February 17, 2010

By: Karen Crystal

Karen Crystal — Tue, 23 Feb 2010 00:52:55 +0000

Roger,
You and I have had many discussions about this, and you have seen first hand how Nicki and I are forced to sell the same listing multiple times due to the lack of Jumbo Loan availability. WE NEED A SECONDARY MARKET for Jumbo Loans….
The ecosystem analogy is dead on….and I mean DEAD…since ignoring the jumbo marketplace as the government has is KILLING the entire ecoystem.
Thanks for your letter.

By: Joan Duffy

Joan Duffy — Mon, 22 Feb 2010 21:59:49 +0000

Roger, You hit the nail squarely on the head……there has to be more balance in the loan market……we live in a city for example where there is much wealth and those who have jobs and income are delaying moving in this market unless there is a real need not just desire so what we have is little or no move up business…but a lot of move down.

By: Sher Hann

Sher Hann — Mon, 22 Feb 2010 19:43:03 +0000

Roger, thank you for sharing your great insights here.

By: Sher Hann

Sher Hann — Mon, 22 Feb 2010 19:42:03 +0000

Roger, thank you for sharing great insights here.

By: Roger Ewing

Roger Ewing — Mon, 22 Feb 2010 18:40:05 +0000

Good question, Stephen. The government needs to create incentives for the private sector to begin purchasing mortgage backed securities for jumbo loans. This won’t occur unless there are financial incentives in place to stimulate this market segment.

By: Stephen Roesler

Stephen Roesler — Mon, 22 Feb 2010 18:35:07 +0000

What does congress need to do in order aid the recovery process?

By: Roger Ewing

Roger Ewing — Mon, 22 Feb 2010 18:03:34 +0000

Thanks, Kevin. Please feel free to re-post. I have received a lot of comments regarding this, so it must touch a chord among the real estate community.

By: Real estate discourse

Real estate discourse — Mon, 22 Feb 2010 16:05:15 +0000

[...] is Roger Ewing’s email sent to Mr. [...]

By: Kevin Hakan Bouvier

Kevin Hakan Bouvier — Mon, 22 Feb 2010 15:36:41 +0000

Roger – so very well written driving home a timely and omnipresent topic that no one is talking about. With your okay, I may repost this in SEVERAL places.

By: Cynthia Sparagna

Cynthia Sparagna — Mon, 22 Feb 2010 03:58:13 +0000

Thanks again Roger for your perspective into the current market place. I always enjoy sharing your writings with my clients.
p.s. I bet you get Blogger of the Week!