- This topic has 65 replies, 17 voices, and was last updated 16 years, 5 months ago by
DWCAP.
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August 25, 2006 at 1:04 PM #7312August 25, 2006 at 1:21 PM #33256
Roman
ParticipantI can’t help it but add a few more:
10. When you go out partying on Tuesday night, get hammered, and wake up the next day in a realtor’s office fully qualified for a loan……because you were asking sporadically “where the hell is my house”……HERE IS A SIGN
11. When you realize that most TV channels dedicate time to programs/shows such as: “flip this house”, “house hunters”, “bargain hunters” , “become a millionaire in RE”, and they all have been in the 6th season rerun ……..HERE IS A SIGN
12. When your Eastern European old friends, who are averaging $200 income per month, buzz you via the internet to help them invest in the US real estate market because it’s a sure investment…….HERE IS A SIGN
August 25, 2006 at 2:20 PM #33268Chrispy
Participant13. When you see hastily-scrawled notices on cardboard, taped to telephone poles, offering to “buy any house / we pay cash” (and the word cash is misspelled)….HERE IS A SIGN
August 25, 2006 at 2:26 PM #33274
barnaby33Participant14. When a man named Troy is selling stress-less mortgages from a billboard in PB by powerhouse gym… HERE IS A SIGN
15. When all the pretty young women you meet are RE/mortgage agents… HERE IS A SIGN
16. When the phrase “,it cash flows,” has some meaning to you… HERE IS A SIGN
Josh
August 25, 2006 at 2:33 PM #33276speedingpullet
Participant17) When a listing on Zip mentions an open house in March (because the DOM is in the upper 90’s now)…..HERE IS A SIGN
18) When the same listing has ‘priced to sell’, ‘HUGE price reduction’ (of about 2% from OLP)…..HERE IS A SIGN
19) When a house thats been on the market for over 300 days and still has ‘Hurry! Won’t Last!!’ in the blurb….HERE IS A SIGN
20) When a seller lists at 100% over what they paid for the place last October, and still thinks stuff like granite countertops, copper plumbing and a ‘gourmet’ kitchen (…does that mean its edible?) are worth the 2x 2005 selling price…..HERE IS A SIGN.
August 25, 2006 at 2:36 PM #33277Participant21. When someone brags about buying a condo for $200K and selling it for $400K two years later, then adds that he made $200K profit and when you ask if he considered expenses such as closing costs, agent’s commission, insurance, HOA, upgrades, etc and he has a blank look on his face…HERE IS A SIGN
August 25, 2006 at 2:37 PM #33278lindismith
Participant22. When your factory staff (all hourly wage earners) are carrying 15 page booklets on the benefits of home buying…. HERE IS A SIGN
23. When those same employees are crying in your office that they will never afford a home unless they buy NOW…. HERE IS A SIGN
24. When one of those employees, who did buy, has 5 (maybe more?) other co-workers move in with him so he can make the payments…. HERE IS A SIGN
August 25, 2006 at 2:40 PM #33279(former)FormerSanDiegan
Participant25. When you spend 10 hours a day on Bubble blogs … HERE IS A SIGN
26. If you know what an expert sign spinner is … HERE IS A SIGN
27. When the Santa Barbara Million Dollar Home Raffle is a 2-Bedroom 700 sq. foot cottage on a 5K sq foot lot … HERE IS A SIGN
28. When you have to keep re-editing your response to this post to re-number your comments … HERE IS A SIGN
August 25, 2006 at 4:41 PM #33313waiting hawk
Participant29. Bad news is I just lost more equity today. Good news is
I just saved a bunch of money by switching to Geico.August 25, 2006 at 4:51 PM #33314Carlsbadliving
Participant30. When my neighbor down the street (the construction worker) has an Escalade and a Mercedes suddenly appear in the driveway.. HERE IS A SIGN
August 25, 2006 at 5:03 PM #33318Participant31. When Home Despot and Lowe’s are backed up with shopping carts all the way to the parking lot….HERE IS A SIGN
32. When your mortgage broker has a virtual office and you meet him at Starbucks to sign loan docs….HERE IS A SIGN
33. When interest-only loans start making sense…HERE IS A SIGN
July 10, 2008 at 8:41 PM #237336SD Transplant
Participant34. When most flipper/investor ask for advice from renters….here is a sign
35. When foreclosures make up most of the RE sales……here is a sign
36. When RE brokers, agents, appraisers are experts in short sales, foreclosures …here is a sign
37. When Freddie & Fannie are insolvent….here is a big sign.
38. When a flipper is happy to have his/her house approved for a short sale & just walk away…here is a sign
July 10, 2008 at 8:41 PM #237323Participant34. When most flipper/investor ask for advice from renters….here is a sign
35. When foreclosures make up most of the RE sales……here is a sign
36. When RE brokers, agents, appraisers are experts in short sales, foreclosures …here is a sign
37. When Freddie & Fannie are insolvent….here is a big sign.
38. When a flipper is happy to have his/her house approved for a short sale & just walk away…here is a sign
July 10, 2008 at 8:41 PM #237276Participant34. When most flipper/investor ask for advice from renters….here is a sign
35. When foreclosures make up most of the RE sales……here is a sign
36. When RE brokers, agents, appraisers are experts in short sales, foreclosures …here is a sign
37. When Freddie & Fannie are insolvent….here is a big sign.
38. When a flipper is happy to have his/her house approved for a short sale & just walk away…here is a sign
July 10, 2008 at 8:41 PM #237266Participant34. When most flipper/investor ask for advice from renters….here is a sign
35. When foreclosures make up most of the RE sales……here is a sign
36. When RE brokers, agents, appraisers are experts in short sales, foreclosures …here is a sign
37. When Freddie & Fannie are insolvent….here is a big sign.
38. When a flipper is happy to have his/her house approved for a short sale & just walk away…here is a sign
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