tag:blogger.com,1999:blog-13164186.post8135592652598715624..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Housing outlook grimDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-13164186.post-78168979934021019512010-07-19T23:28:08.773-04:002010-07-19T23:28:08.773-04:00A punk is a person who posts under the name "...A punk is a person who posts under the name "Anonymous". Comments deleted.Jameshttps://www.blogger.com/profile/15243567377599238583noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-62124277664975527962010-07-14T17:44:05.339-04:002010-07-14T17:44:05.339-04:00Im quite sure you post pretty religiously on this ...Im quite sure you post pretty religiously on this blog. <br /><br />Im also sure you care quite a bit what I think of you. So much so, that its likely you will feel COMPELLED to post again and tell me "its not true" that you spend alot of time posting here...Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-82743748565427783492010-07-14T14:41:48.859-04:002010-07-14T14:41:48.859-04:00well, Ive only posted twice in this thread. I woul...well, Ive only posted twice in this thread. I would also guess about 5 times tops on this entire blog. I dont even have a "blogger" account. Im not going to register just so that I can argue with you.<br /><br />As far as standing behind what I have said, I dont give a shit what you think of me. How does that make your self importance feel?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-46666264804727141192010-07-13T21:44:11.669-04:002010-07-13T21:44:11.669-04:00Ill happily give you the downside anonypuss.
Th...Ill happily give you the downside anonypuss. <br /><br />That said, if you want to pussy out now, I understand. I never expected you to stand behind anything being as you post "anonymous" and all.Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-70752337533331041092010-07-13T21:38:30.715-04:002010-07-13T21:38:30.715-04:00So if the price is 161 in Nov, Im still wrong. I c...So if the price is 161 in Nov, Im still wrong. I cant win either way, which is why Im not playing the "whats the price in 6 months" game. Its not what I said.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-11057260043931332552010-07-13T18:54:44.094-04:002010-07-13T18:54:44.094-04:00So if my math is correct, your values are as follo...So if my math is correct, your values are as follows:<br /><br />Nov 2010 176.43<br />May 2011 173.38<br />Nov 2011 170.32<br />May 2012 167.26<br />Nov 2012 164.20<br />May 2013 161.15<br /><br />I'll mark this post and we will check again in 6 months to see how you are doing.Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-12938270950009057462010-07-13T15:57:30.069-04:002010-07-13T15:57:30.069-04:00"Fill in the blanks. Give us numerical values..."Fill in the blanks. Give us numerical values so we can<br />laugh at you as your predictions fail one by one. "<br /><br />Easy. That magic 100 number that you say we will never be at? We will be there or even lower in 2023.<br /><br />If you want 2013 or any other year, average the decline over all the years and pull any year you want from my prediction.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-43153754328765195622010-07-13T12:38:08.203-04:002010-07-13T12:38:08.203-04:00(a) it is then, as I suspected...(a) it is then, as I suspected...Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-8130576303955770932010-07-12T23:31:52.475-04:002010-07-12T23:31:52.475-04:00"Annonypussy said...
Im not the same guy cal..."Annonypussy said...<br /><br />Im not the same guy calling you out. However, I already told you my prediction. 15-20 years of slow steady straight declines. Just like Japan."<br /><br />OK lets put that in numerical terms Case Shiller DC for April 2010 are 179.49.<br /><br />So according to your theory, prices in DC at the following times will be:<br /><br />Nov 2010 ________<br />Apr 2011 ________<br />Nov 2011 ________<br />Apr 2012 ________<br />Nov 2012 ________<br />Apr 2013 ________<br /><br />Fill in the blanks. Give us numerical values so we can <br />laugh at you as your predictions fail one by one. <br /><br />Im going to make one prediction right now. You will fail to make any of the predictions above and will either (a) respond spewing a bunch of questionably relevant factors, or (b) just disappear into the either and not answer altogether. <br /><br />Whats it gonna be anonnypuss?Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-34724394597483987352010-07-12T22:37:27.012-04:002010-07-12T22:37:27.012-04:00Jim A,
Im not talking about me, Im talking about ...Jim A,<br /><br />Im not talking about me, Im talking about 99% of everyone who buys moves out to "move up" in 7 years. Its the facts. In 7 years, anyone who bought in the DC/NoVa area will have lost money, even with lower interest rates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-738510535301041722010-07-12T22:35:38.958-04:002010-07-12T22:35:38.958-04:00"So noted. And let me ask again, your price p..."So noted. And let me ask again, your price predictions are..."<br /><br />Im not the same guy calling you out. However, I already told you my prediction. 15-20 years of slow steady straight declines. Just like Japan.<br /><br />See you in 20 years to tell you "I told you so!", if you arent around...I will see you in 3 years to laugh at how prices have declined from now. You will be here, I know.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-59891478779477314992010-07-12T09:32:58.114-04:002010-07-12T09:32:58.114-04:00Anon 7:14. In a normal market, if you're only...Anon 7:14. In a normal market, if you're only going to live somwhere 5 years, you SHOULD probably rent. The common practice of "moving up" when you just started to pay down a bit of principal on your 30yr FRM is STUPID. Jim A.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-59649160311626700612010-07-12T09:18:39.794-04:002010-07-12T09:18:39.794-04:00"Anonypussy said...
That's right you will..."Anonypussy said...<br />That's right you will be here. You have nothing else better to do with your pathetic life. You are a real bore!"<br /><br />So noted. And let me ask again, your price predictions are...Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-35067871421137397962010-07-11T17:18:37.805-04:002010-07-11T17:18:37.805-04:00There really was a BUBBLE?
Really?
But they s...There really was a BUBBLE? <br />Really? <br /><br />But they said there was no bubble. But a different they said the recession is over.<br /><br />Can't believe either 'they' it seems.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-35382941271149858952010-07-11T10:07:09.703-04:002010-07-11T10:07:09.703-04:00Hey - I dont make up the stats. I just know how t...Hey - I dont make up the stats. I just know how to read them (hint "+" means prices are going up)...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-61161652388579412972010-07-11T09:55:00.624-04:002010-07-11T09:55:00.624-04:00UP? I JUST SOLD MY HOME FOR A LOSS. ARE YOU SERI...UP? I JUST SOLD MY HOME FOR A LOSS. ARE YOU SERIOUS? TO SAY THAT ALL HOMES HAVE GONE UP 10% IS A. CARELESS STATEMENT.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-77452163508895655472010-07-11T09:15:59.917-04:002010-07-11T09:15:59.917-04:00And yet, prices in NOVA just keep going up... +10....And yet, prices in NOVA just keep going up... +10.9% for the year...<br /><br />http://www.mris.com/reports/stats/route.cfmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-48661594313522207972010-07-10T20:50:54.492-04:002010-07-10T20:50:54.492-04:00He will be here, because prices will slowly declin...He will be here, because prices will slowly decline in DC for another 15 years or so. Im sure 2 or 3 years he will get tired of the same arguments he has given in the last 2 or 3....<br /><br />but none the less, prices will be lower 3 years from now, just like they are lower than they were 3 years ago....<br /><br />and they will be even lower 3 years after that too!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-59037827221433883382010-07-10T10:52:50.626-04:002010-07-10T10:52:50.626-04:00That's right you will be here. You have nothi...That's right you will be here. You have nothing else better to do with your pathetic life. You are a real bore!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-11906067383589526652010-07-09T14:22:21.930-04:002010-07-09T14:22:21.930-04:00Ill be here anonypussy, just like I was last autum...Ill be here anonypussy, just like I was last autumn as prices eased. I always said 160 was a possibility.<br /><br />Hey anonypussy, why dont you give us your prediction? 140? 120? 100? Give us something so we can mock you as it fails to come true.Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-82035831980476230672010-07-07T22:32:55.797-04:002010-07-07T22:32:55.797-04:00Hey partisan, let's see how often you post her...Hey partisan, let's see how often you post here in a few months when local housing bumbers start to show their true colors. Enjoy your lemonade now because come autumn it will be all lemons for you!<br /><br />CAW, CAW, CAWAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-32263773633560329552010-07-07T19:14:57.336-04:002010-07-07T19:14:57.336-04:00"PAYMENTS on a median house given a conventio..."PAYMENTS on a median house given a conventional 30yr FRM may be historicaly low."<br /><br />Being that nobody stays in their 30 year mortgage longer than 6 years, means that the payment doesnt matter much...<br /><br />cause when you try to sell 5, 6 or 7 years later, you home will be worth less than you bought it and all savings from lower payments will be wiped out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-71049301724270535152010-07-07T08:53:08.276-04:002010-07-07T08:53:08.276-04:00"nonpartisan said...
hmmmm...a bell shaped cu..."nonpartisan said...<br />hmmmm...a bell shaped curve continues (except for the government meddling blip)."<br /><br />Hey Nonpartisan, I fogot to ask, did you see Case Shiller this month? Nearly the entire mild price weakness we saw for the entire winter was wiped away in a single month. <br /><br />Caw! Caw! Caw!!!Partisannoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-70019553623162425322010-07-07T07:47:44.073-04:002010-07-07T07:47:44.073-04:00Well, to be the devil's advocate, the current ...Well, to be the devil's advocate, the current historicaly low interest rates may well mean that PAYMENTS on a median house given a conventional 30yr FRM may be historicaly low. Certainly any sort of noticeable appreciation in real prices is NOT in our future. OTOH, in many markets the prices probably ARE closer to bottom than top. The idea that interest rates could go up even while prices stabilize/stagnate at levels near to current ones is NOT absurd. At least not absurd compared to the idiocy of a permanantly high plateau that we sometimes heard about in 2006. --Jim A.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-79707546399904435002010-07-06T22:11:18.713-04:002010-07-06T22:11:18.713-04:00They probably wont go down Bill. However I can say...They probably wont go down Bill. However I can say with 100% certainty, they will NOT go up. NOT AT ALL!!!!!<br /><br />The most likely scenario is that prices will stay flat for the next 20-25 years until salaries catch up to the prices.<br /><br />So my advice is dont buy, cause renting is cheaper. Buy a home somewhere else if you want to buy as an investment.Anonymousnoreply@blogger.com