[quote=Jazzman][quote=sdrealtor]Now you beleive RE agents when they are saying what you want to beleive. They arent withholding bank owned properties. Its easy for me to search the tax records to show they dont own them. What they are doing is slowly working through the distress and not foreclosing. You are listening to a few hungry realtors who are as clueless now as they were before.[/quote]
What I want to believe? Why should I believe you anymore than them? You are also broker. Yes? Why should I care, I left CA and bought elsewhere? I do, however, abhor dishonesty.
What’s more important, is I hardly think RealtyTrac would make such a statement if there weren’t some truth to it. If there is price fixing going on, it can be prosecuted under federal law.[/quote]
Totally with you on that, Jazzman, and like you, we’ve already bought, so not just being “bitter renters” at this point.
Of course, over the past ~5 years we’ve seen non-stop attempts by the Fed/govt to fix prices at unsustainable levels. Some of their attempts have been more successful than others, but everything was directed at keeping housing prices higher than they would have been if things had returned to “normal.”