powayseller, i really appreciate posts like these. i firmly believe so many lenders will be in a pickle next year. keep it up.
if i had a choice we would’ve sold in may 06 (peak in LA). as a current seller i’m glad i managed to convince my wife to do this slightly late but infinitely better than waiting it out. it took a few months of convincing but she was really happy to see the solid data and basis everyone here has used to forming the argument.
i like your polemical approach. “If anybody thinks the worst drops are here, and it will level off, you are way wrong!” lol. makes you think.
i just hope i don’t get caught in the vortex as i sell. i will be honest about the situation as it unfolds. just for the record, i never doubted the bubble, i just had to wait patiently to make a joint decision…here goes wish me luck
