http://columbushomesblog.com/2009/07/21/jumbo-loans-theyre-not-just-big-theyre-touching-the-whole-market/ Columbus Real Estate News That Matters Wed, 22 Jun 2011 05:58:19 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://columbushomesblog.com/2009/07/21/jumbo-loans-theyre-not-just-big-theyre-touching-the-whole-market/comment-page-1/#comment-29869 Richard Stabile Bergen County Real Estate Fri, 24 Jul 2009 02:58:24 +0000 http://columbushomesblog.com/?p=1048#comment-29869 Joe: Our market in Bergen County New Jersey is dealing with the Jumbo problem with weak high end pricing. The high end is still very soft, there are buyers, but not enough pulling the trigger. The financing is very rigged. Maybe if it was this rigged back when we would not of gotten so high in price and over built on spec. However to get out of this we need more reasonable credit criteria for the jumbos. Joe: Our market in Bergen County New Jersey is dealing with the Jumbo problem with weak high end pricing. The high end is still very soft, there are buyers, but not enough pulling the trigger. The financing is very rigged. Maybe if it was this rigged back when we would not of gotten so high in price and over built on spec. However to get out of this we need more reasonable credit criteria for the jumbos.

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