[quote=sdrealtor]All are not bad for RE values. Limited supply creates stability and or upward pressure. We have limited supply. The shadow inventory is actually a fraction of what the most bearish (like yourself) beleive. The short sale epidemic is not growing but is rather becoming more orderly and predictable. The looming Option ARM issue is a complete unknown and will likely be addressed in some shape or form (forbearances, loan mods etc.).
The worst has come and gone already. The best is a distant dream but your nightmare predictions did not come to pass nor will they. Take it like a man.[/quote]
[quote=sdrealtor]I didnt say markets are improving but rather the worst is done and we will slog along for quite some time to come. It will be slow and ugly from this point on. I have never said differently. .[/quote]
One of these things is not like the other. You went from “All are not bad for RE values” and “upward pressure”, “limited supply”, shadow inventory a fraction of believed etc. to…. “Ugly from this point on”. Make up your mind.