4.25 Yrs. SoCal RE Inventory – Mr. Mortgage’s New Video on SoCal

[drunkle]

well done hedgie. you are a powerful and attractive man.

now if only your hrb call would come to pass. note, there was a 2k spike in jan 09 $10 puts last week.

[Anonymous]

Question for thid thread…

I released this video and it has done very well with no promotion. Now that you all have had a chance to see the vid, read through the supporting pages and spreadsheet on the site, do I release it nationally through the ML-Implode prime news roll or would it cause too much of a stir.

Quite often I like ‘trying out’ certain research on smaller groups before I post to large forums. This one has been interesting. Of the many sites and forums that picked it up, most were very interested in the topic and 90% of the respondents were bearish real estate, many more than I.

I like this thread. I like getting honest opinions and critisism without being ripped to shreds from those with their eyes wide shut.

[Anonymous]

Question for thid thread…

I released this video and it has done very well with no promotion. Now that you all have had a chance to see the vid, read through the supporting pages and spreadsheet on the site, do I release it nationally through the ML-Implode prime news roll or would it cause too much of a stir.

Quite often I like ‘trying out’ certain research on smaller groups before I post to large forums. This one has been interesting. Of the many sites and forums that picked it up, most were very interested in the topic and 90% of the respondents were bearish real estate, many more than I.

I like this thread. I like getting honest opinions and critisism without being ripped to shreds from those with their eyes wide shut.

[Anonymous]

Question for thid thread…

I released this video and it has done very well with no promotion. Now that you all have had a chance to see the vid, read through the supporting pages and spreadsheet on the site, do I release it nationally through the ML-Implode prime news roll or would it cause too much of a stir.

Quite often I like ‘trying out’ certain research on smaller groups before I post to large forums. This one has been interesting. Of the many sites and forums that picked it up, most were very interested in the topic and 90% of the respondents were bearish real estate, many more than I.

I like this thread. I like getting honest opinions and critisism without being ripped to shreds from those with their eyes wide shut.

[Anonymous]

Question for thid thread…

I released this video and it has done very well with no promotion. Now that you all have had a chance to see the vid, read through the supporting pages and spreadsheet on the site, do I release it nationally through the ML-Implode prime news roll or would it cause too much of a stir.

Quite often I like ‘trying out’ certain research on smaller groups before I post to large forums. This one has been interesting. Of the many sites and forums that picked it up, most were very interested in the topic and 90% of the respondents were bearish real estate, many more than I.

I like this thread. I like getting honest opinions and critisism without being ripped to shreds from those with their eyes wide shut.

[Anonymous]

Question for thid thread…

I released this video and it has done very well with no promotion. Now that you all have had a chance to see the vid, read through the supporting pages and spreadsheet on the site, do I release it nationally through the ML-Implode prime news roll or would it cause too much of a stir.

Quite often I like ‘trying out’ certain research on smaller groups before I post to large forums. This one has been interesting. Of the many sites and forums that picked it up, most were very interested in the topic and 90% of the respondents were bearish real estate, many more than I.

I like this thread. I like getting honest opinions and critisism without being ripped to shreds from those with their eyes wide shut.

[Anonymous]

When the Rent-Neutral homes pop up (assume they are REO) have you done a comp check to find out when similar sales have gone for in the past 6 months. What are these homes doing to the neighborhoods.

This is exactly why this problem is about to get catastrophic. These REO reduce values by 20-50% overnight. a few people in a neighborhood get a great deal and 100 people are thrown into a negative equity position. of those, 35% may default. Of those, 75% will end up as REO and in nine months you have another 25 distressed properties in the neighborhood throwing these Rent-Neutral homes in a negative equity posisiton.

Nasty nasty snowball. Rents may come down sharply too if the inventory surges and values drop much more. That one, nobody thinks of.

[Anonymous]

When the Rent-Neutral homes pop up (assume they are REO) have you done a comp check to find out when similar sales have gone for in the past 6 months. What are these homes doing to the neighborhoods.

This is exactly why this problem is about to get catastrophic. These REO reduce values by 20-50% overnight. a few people in a neighborhood get a great deal and 100 people are thrown into a negative equity position. of those, 35% may default. Of those, 75% will end up as REO and in nine months you have another 25 distressed properties in the neighborhood throwing these Rent-Neutral homes in a negative equity posisiton.

Nasty nasty snowball. Rents may come down sharply too if the inventory surges and values drop much more. That one, nobody thinks of.

[Anonymous]

When the Rent-Neutral homes pop up (assume they are REO) have you done a comp check to find out when similar sales have gone for in the past 6 months. What are these homes doing to the neighborhoods.

This is exactly why this problem is about to get catastrophic. These REO reduce values by 20-50% overnight. a few people in a neighborhood get a great deal and 100 people are thrown into a negative equity position. of those, 35% may default. Of those, 75% will end up as REO and in nine months you have another 25 distressed properties in the neighborhood throwing these Rent-Neutral homes in a negative equity posisiton.

Nasty nasty snowball. Rents may come down sharply too if the inventory surges and values drop much more. That one, nobody thinks of.

[Anonymous]

When the Rent-Neutral homes pop up (assume they are REO) have you done a comp check to find out when similar sales have gone for in the past 6 months. What are these homes doing to the neighborhoods.

This is exactly why this problem is about to get catastrophic. These REO reduce values by 20-50% overnight. a few people in a neighborhood get a great deal and 100 people are thrown into a negative equity position. of those, 35% may default. Of those, 75% will end up as REO and in nine months you have another 25 distressed properties in the neighborhood throwing these Rent-Neutral homes in a negative equity posisiton.

Nasty nasty snowball. Rents may come down sharply too if the inventory surges and values drop much more. That one, nobody thinks of.

[Anonymous]

When the Rent-Neutral homes pop up (assume they are REO) have you done a comp check to find out when similar sales have gone for in the past 6 months. What are these homes doing to the neighborhoods.

This is exactly why this problem is about to get catastrophic. These REO reduce values by 20-50% overnight. a few people in a neighborhood get a great deal and 100 people are thrown into a negative equity position. of those, 35% may default. Of those, 75% will end up as REO and in nine months you have another 25 distressed properties in the neighborhood throwing these Rent-Neutral homes in a negative equity posisiton.

Nasty nasty snowball. Rents may come down sharply too if the inventory surges and values drop much more. That one, nobody thinks of.

[Anonymous]

I didnt see that…HRB, AGO and NLY are my best short ideas still. That is of course along with WFC, WB, LEH, MER, MS, GSC – hahahaha.

[Anonymous]

I didnt see that…HRB, AGO and NLY are my best short ideas still. That is of course along with WFC, WB, LEH, MER, MS, GSC – hahahaha.

[Anonymous]

I didnt see that…HRB, AGO and NLY are my best short ideas still. That is of course along with WFC, WB, LEH, MER, MS, GSC – hahahaha.

[Anonymous]

I didnt see that…HRB, AGO and NLY are my best short ideas still. That is of course along with WFC, WB, LEH, MER, MS, GSC – hahahaha.

[Author]

Posts