tag:blogger.com,1999:blog-13164186.post3345962934848893460..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: MLS underestimates the number of foreclosuresDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-13164186.post-33132128265059487942009-07-09T12:11:11.039-04:002009-07-09T12:11:11.039-04:00People that couldn't afford and bought any way...People that couldn't afford and bought any way, should loose there home, and go live within your means. For thoses of us that are buying stop over biding on these homes! There is no deals out there, just selfish investors!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-42377072478969763582009-01-27T19:12:00.000-05:002009-01-27T19:12:00.000-05:00James...keep up the good work.It's a nightmare loo...James...keep up the good work.<BR/><BR/>It's a nightmare looking for a home...what a mess. Where to start, where to look, who to use.<BR/><BR/>What a headache.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-8064507243494486152009-01-27T19:04:00.000-05:002009-01-27T19:04:00.000-05:00Anonymous said..."Words from Mish on ripping into ...Anonymous said...<BR/><I>"Words from Mish on ripping into Peter Hyperinflation Shiff:<BR/><BR/>...<BR/><BR/>Food for thought for those here who believe we will have $1,000 loaves of bread, and yet, somehow, hundreds of thousands of homedebtors will still be underwater."</I><BR/><BR/>Personally, I think Peter Shiff is a nut.Jameshttps://www.blogger.com/profile/15243567377599238583noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-49178209973702391472009-01-27T08:46:00.000-05:002009-01-27T08:46:00.000-05:00Anon,I wasn't making the argument 'that things are...Anon,<BR/><BR/>I wasn't making the argument 'that things are going well'. I was simply responding to the poster who said:<BR/><BR/><I>"I keep watching 5-10 homes at a time that I would be interested in should they get to my price point. I keep noticing that a lot of them disappear from the market. <B>No one bought the homes and they are still empty.</B>"</I>Lancehttps://www.blogger.com/profile/12216089306021385355noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-71618837722273162032009-01-27T06:42:00.000-05:002009-01-27T06:42:00.000-05:00Lance,That link you gave, Im wondering if you read...Lance,<BR/><BR/>That link you gave, Im wondering if you read it? Cause this is what it said:<BR/><BR/>Bargain hunters are making their way through the backlog of homes, but the market remains weak, analysts said. The recession is weighing on potential buyers, making a market recovery -- or even stabilization -- unlikely soon, the analysts said.<BR/><BR/><BR/>Thats hardly strength to any argument that things are going well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-79970149040332711422009-01-26T22:14:00.000-05:002009-01-26T22:14:00.000-05:00Lance said... Well, someone's buying ...Interestin...<I>Lance said... <BR/>Well, someone's buying ...</I><BR/><BR/>Interesting article there Lance. Home prices tank, sales go up. I wonder what we could extrapolate from such an event.roberthttps://www.blogger.com/profile/10354810363004791622noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-33804898506393628392009-01-26T21:43:00.000-05:002009-01-26T21:43:00.000-05:00And prices tank...Hows that investment of your goi...And prices tank...<BR/><BR/>Hows that investment of your going Lance. By that I mean your basement rental. With rents dropping you should refinance, what do you owe 475,000. If you could get 4.5% interest that would save you about $650 a month. ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-15990841206626225882009-01-26T21:23:00.000-05:002009-01-26T21:23:00.000-05:00Well, someone's buying ...Home Sales Soar as Buyer...Well, someone's buying ...<BR/><BR/>Home Sales Soar as Buyers Look for Deals<BR/> <BR/>By Renae Merle<BR/>Washington Post Staff Writer <BR/>Monday, January 26, 2009; 3:00 PM<BR/><BR/>www.washingtonpost.com/wp-dyn/content/article/2009/01/26/AR2009012601612.htmlLancehttps://www.blogger.com/profile/12216089306021385355noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-68713421936782115872009-01-26T20:37:00.000-05:002009-01-26T20:37:00.000-05:00I'm glad someone else has confirmed my suspicions....I'm glad someone else has confirmed my suspicions. I keep watching 5-10 homes at a time that I would be interested in should they get to my price point. I keep noticing that a lot of them disappear from the market. No one bought the homes and they are still empty.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-76219539306690709042009-01-26T19:23:00.000-05:002009-01-26T19:23:00.000-05:00Thank God he's gone, now we can get real info from...Thank God he's gone, now we can get real info from each other without the liar around.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-77987901860384504602009-01-26T18:05:00.000-05:002009-01-26T18:05:00.000-05:00Then why are you on this blog. Go live your life ....Then why are you on this blog. Go live your life .. be happy.. piss off.. etc<BR/><BR/>I will. I think Ill go take my 700 a month and go stimulate the local economy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-5716124221313528472009-01-26T18:01:00.000-05:002009-01-26T18:01:00.000-05:00Anon ..."Turns out it was the best decision I ever...Anon ..."Turns out it was the best decision I ever made!<BR/><BR/>January 26, 2009 12:45 PM"<BR/><BR/>Then why are you on this blog. Go live your life .. be happy.. piss off.. etcAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-75524074434720790522009-01-26T16:15:00.000-05:002009-01-26T16:15:00.000-05:00Rents falling in many areas according to this from...Rents falling in many areas according to this from Businessweek.<BR/><BR/>http://finance.yahoo.com/real-estate/article/106480/Rents-Drop-Nationwide-as-Vacancies-SpikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-68501962905944062252009-01-26T15:45:00.000-05:002009-01-26T15:45:00.000-05:00HA - I just refid out of my ARM loan - you know, t...HA - I just refid out of my ARM loan - you know, the type that was supposed to reset and bring doom to the core areas?<BR/><BR/>Close in, its still possible to refi and appraise for very very close to the peak prices. <BR/><BR/>Thanks to the ungodly low interest rates, my payment now dropped $700 a month!<BR/><BR/>Bottom line - I am very glad I was irresponsible and bought during the peak of the bubble. Turns out it was the best decision I ever made!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-53541956564543662912009-01-26T15:43:00.000-05:002009-01-26T15:43:00.000-05:00I think there are still some good opportunities to...I think there are still some good opportunities to invest in real estate. I just requested information from the Taylor Morrison website (and entered to win a dream vacation - http://dreambig.taylormorrison.com/?utm_source=bc) and they have a great group of financial professionals who are helping me figure out how to buy a home. I don’t think we should rely too much on projections, rather, we should buy when it feels right for us.Unknownhttps://www.blogger.com/profile/00440603811149306014noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-75882195244835162912009-01-26T15:06:00.000-05:002009-01-26T15:06:00.000-05:00Words from Mish on ripping into Peter Hyperinflati...Words from Mish on ripping into Peter Hyperinflation Shiff:<BR/><BR/>"However, let's assume for a moment that hyperinflation is going to happen. Where then could one get the most bangs for their buck to take advantage? The answer to that question is in real estate, where one can buy on 5% down. Nowhere else can one easily get such leverage.<BR/><BR/>Note that there has never been hyperinflation in history where real property declined in value. Therefore, if Schiff really believes in hyperinflation, he ought to be suggesting that his clients buy houses.<BR/><BR/>However, Schiff thinks housing prices will continue to crash. So do I. And if they do, you can kiss hyperinflation theories goodbye."<BR/><BR/>http://globaleconomicanalysis.blogspot.com/2009/01/peter-schiff-was-wrong.html<BR/><BR/>Food for thought for those here who believe we will have $1,000 loaves of bread, and yet, somehow, hundreds of thousands of homedebtors will still be underwater.Anonymousnoreply@blogger.com