Mark Milner
Mark Milner
appears balance bay gotten home prices
In the long run, home prices and incomes have a balance to them, and right now in the Bay Area, it appears they've gotten out of balance.
loans risk transfer
These non-traditional loans transfer risk to the borrower.
declines high next number price risk
In a number of areas, particularly on the coasts, they have a high risk of price declines in the next two years.
appreciation coming landing markets percent soft
What we're anticipating is a soft landing nationally. The markets will be coming back to their long-term average, which is a 4 percent to 6 percent (annual) appreciation rate.