Buy now – the bidding war will drive prices up

[CDMA ENG]

Dear John,

I am broke and have burned through my savings try to maintain the lease on my Benz. So in order to avoid a potentially difficult, and embarrassing, lifestyle change my colleagues and I have decided to inundate you with propaganda, both at the national level as well as grassroots. Now is the time to buy because I have realized that retraining in a time where many experience people are being laid off is just too difficult. Also, if you buy now I will not have to return the Benz and will still be able get a nice commission on a higher price home then in 6 months.

God Bless Friends,

Desperate

P.S. Piggington’s is the work of the Devil

(Of course this Jib is not aimed at Piggington’s favorite friend SDRealtor. I owe you a lot man and will gladly buy a beer if we ever meet.)

[Doofrat]

Come on down to Dave’s pre-owned house corral. Used house prices are CRAAAAAAZY yes CRAAAAAAZY, but you better pick em’ up quick before all these people grab em’ up before ya’! I just authorized finance to take 50 cents on the dollar, YES! YOU HEARD RIGHT COWBOY!!! 50 cents on the dollar – I told ya’ were CRAAAAAZY!!!!!!!!!!!!!!!!!
I’ve been showing houses like CRAAAAAAZY this week, people can’t get enough, they want three and four at a time! I want you, yes you, to get in on the action cause I’m CRAAAAAAZY! So saddle up partner, cause the deals won’t last. With all these people seein’ CRAAAAAZY prices, I may just have to raise em’ to keep em’ from stampedin’. So grab come coffee and throw yer boots on and come on down before it’s too late!

Dave

[Doofrat]

Come on down to Dave’s pre-owned house corral. Used house prices are CRAAAAAAZY yes CRAAAAAAZY, but you better pick em’ up quick before all these people grab em’ up before ya’! I just authorized finance to take 50 cents on the dollar, YES! YOU HEARD RIGHT COWBOY!!! 50 cents on the dollar – I told ya’ were CRAAAAAZY!!!!!!!!!!!!!!!!!
I’ve been showing houses like CRAAAAAAZY this week, people can’t get enough, they want three and four at a time! I want you, yes you, to get in on the action cause I’m CRAAAAAAZY! So saddle up partner, cause the deals won’t last. With all these people seein’ CRAAAAAZY prices, I may just have to raise em’ to keep em’ from stampedin’. So grab come coffee and throw yer boots on and come on down before it’s too late!

Dave

[Doofrat]

Come on down to Dave’s pre-owned house corral. Used house prices are CRAAAAAAZY yes CRAAAAAAZY, but you better pick em’ up quick before all these people grab em’ up before ya’! I just authorized finance to take 50 cents on the dollar, YES! YOU HEARD RIGHT COWBOY!!! 50 cents on the dollar – I told ya’ were CRAAAAAZY!!!!!!!!!!!!!!!!!
I’ve been showing houses like CRAAAAAAZY this week, people can’t get enough, they want three and four at a time! I want you, yes you, to get in on the action cause I’m CRAAAAAAZY! So saddle up partner, cause the deals won’t last. With all these people seein’ CRAAAAAZY prices, I may just have to raise em’ to keep em’ from stampedin’. So grab come coffee and throw yer boots on and come on down before it’s too late!

Dave

[Doofrat]

Come on down to Dave’s pre-owned house corral. Used house prices are CRAAAAAAZY yes CRAAAAAAZY, but you better pick em’ up quick before all these people grab em’ up before ya’! I just authorized finance to take 50 cents on the dollar, YES! YOU HEARD RIGHT COWBOY!!! 50 cents on the dollar – I told ya’ were CRAAAAAZY!!!!!!!!!!!!!!!!!
I’ve been showing houses like CRAAAAAAZY this week, people can’t get enough, they want three and four at a time! I want you, yes you, to get in on the action cause I’m CRAAAAAAZY! So saddle up partner, cause the deals won’t last. With all these people seein’ CRAAAAAZY prices, I may just have to raise em’ to keep em’ from stampedin’. So grab come coffee and throw yer boots on and come on down before it’s too late!

Dave

[Doofrat]

Come on down to Dave’s pre-owned house corral. Used house prices are CRAAAAAAZY yes CRAAAAAAZY, but you better pick em’ up quick before all these people grab em’ up before ya’! I just authorized finance to take 50 cents on the dollar, YES! YOU HEARD RIGHT COWBOY!!! 50 cents on the dollar – I told ya’ were CRAAAAAZY!!!!!!!!!!!!!!!!!
I’ve been showing houses like CRAAAAAAZY this week, people can’t get enough, they want three and four at a time! I want you, yes you, to get in on the action cause I’m CRAAAAAAZY! So saddle up partner, cause the deals won’t last. With all these people seein’ CRAAAAAZY prices, I may just have to raise em’ to keep em’ from stampedin’. So grab come coffee and throw yer boots on and come on down before it’s too late!

Dave

[tc]

This is the scare tactic that my agent emailed me with. I love sending stuff back to him that he can’t argue. I might send him a link to this site next time so he can do some research. LOL

Ideas to consider in this housing market –

Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.

Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.

With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

When the turnaround comes, those “waiters” will be your competitors, making your offer less attractive to those selling their homes.

Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.

Even if you SHOULD pay a little more than you would if you actually hit the “bottom” of the market, normal appreciation would make the difference irrelevant within a few short years.

Let me know when you want to see some homes.

Regards,

[tc]

This is the scare tactic that my agent emailed me with. I love sending stuff back to him that he can’t argue. I might send him a link to this site next time so he can do some research. LOL

Ideas to consider in this housing market –

Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.

Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.

With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

When the turnaround comes, those “waiters” will be your competitors, making your offer less attractive to those selling their homes.

Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.

Even if you SHOULD pay a little more than you would if you actually hit the “bottom” of the market, normal appreciation would make the difference irrelevant within a few short years.

Let me know when you want to see some homes.

Regards,

[tc]

This is the scare tactic that my agent emailed me with. I love sending stuff back to him that he can’t argue. I might send him a link to this site next time so he can do some research. LOL

Ideas to consider in this housing market –

Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.

Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.

With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

When the turnaround comes, those “waiters” will be your competitors, making your offer less attractive to those selling their homes.

Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.

Even if you SHOULD pay a little more than you would if you actually hit the “bottom” of the market, normal appreciation would make the difference irrelevant within a few short years.

Let me know when you want to see some homes.

Regards,

[tc]

This is the scare tactic that my agent emailed me with. I love sending stuff back to him that he can’t argue. I might send him a link to this site next time so he can do some research. LOL

Ideas to consider in this housing market –

Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.

Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.

With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

When the turnaround comes, those “waiters” will be your competitors, making your offer less attractive to those selling their homes.

Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.

Even if you SHOULD pay a little more than you would if you actually hit the “bottom” of the market, normal appreciation would make the difference irrelevant within a few short years.

Let me know when you want to see some homes.

Regards,

[tc]

This is the scare tactic that my agent emailed me with. I love sending stuff back to him that he can’t argue. I might send him a link to this site next time so he can do some research. LOL

Ideas to consider in this housing market –

Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.

Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.

With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

When the turnaround comes, those “waiters” will be your competitors, making your offer less attractive to those selling their homes.

Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.

Even if you SHOULD pay a little more than you would if you actually hit the “bottom” of the market, normal appreciation would make the difference irrelevant within a few short years.

Let me know when you want to see some homes.

Regards,

[NotCranky]

“I don’t even think we are half way to a bottom yet. Flame on, but there is still too many homes out there at too high of prices.”

This is the way I think the bottom comes in.

Currently there is a ton of inventory and three houses of that inventory are going to sell at lows for the cycle this month. Next month 10 will do the same. A few months later 30. You get he idea. Later 50 but there is still a ton of inventory. Prices get to where a very large percentage are selling near cycle lows but inventory is still pretty up there. Eventually for all practical purposes the PRICE correction is over. Where is inventory? I think it could be some what elevated still? I was looking for a chart that might reflect the lag between these two items that we can expect. It is a question more than a statement, your post made me wonder.

The numbers are totally concocted to express a view contrary to the, everyone is a stupid knife catcher until I say it isn’t so. As good as it gets deals will be a combination of rates and price for some as opposed to a pure price bottom.(that would be pretty hard to time so it makes these aggressive rate hyping realtors laughable). I think we should not be too haughty because people are starting to make good deals on purchases. Kind of hard to tell which ones but they will trickle in. Some of those people just bought into future bragging rights instead of catching a knife.The rest caught a knife which sunk to varying depths, some will be lethal and some will be mere flesh wounds.

Just food for thought. Flaming welcome as always.

[NotCranky]

“I don’t even think we are half way to a bottom yet. Flame on, but there is still too many homes out there at too high of prices.”

This is the way I think the bottom comes in.

Currently there is a ton of inventory and three houses of that inventory are going to sell at lows for the cycle this month. Next month 10 will do the same. A few months later 30. You get he idea. Later 50 but there is still a ton of inventory. Prices get to where a very large percentage are selling near cycle lows but inventory is still pretty up there. Eventually for all practical purposes the PRICE correction is over. Where is inventory? I think it could be some what elevated still? I was looking for a chart that might reflect the lag between these two items that we can expect. It is a question more than a statement, your post made me wonder.

The numbers are totally concocted to express a view contrary to the, everyone is a stupid knife catcher until I say it isn’t so. As good as it gets deals will be a combination of rates and price for some as opposed to a pure price bottom.(that would be pretty hard to time so it makes these aggressive rate hyping realtors laughable). I think we should not be too haughty because people are starting to make good deals on purchases. Kind of hard to tell which ones but they will trickle in. Some of those people just bought into future bragging rights instead of catching a knife.The rest caught a knife which sunk to varying depths, some will be lethal and some will be mere flesh wounds.

Just food for thought. Flaming welcome as always.

[NotCranky]

“I don’t even think we are half way to a bottom yet. Flame on, but there is still too many homes out there at too high of prices.”

This is the way I think the bottom comes in.

Currently there is a ton of inventory and three houses of that inventory are going to sell at lows for the cycle this month. Next month 10 will do the same. A few months later 30. You get he idea. Later 50 but there is still a ton of inventory. Prices get to where a very large percentage are selling near cycle lows but inventory is still pretty up there. Eventually for all practical purposes the PRICE correction is over. Where is inventory? I think it could be some what elevated still? I was looking for a chart that might reflect the lag between these two items that we can expect. It is a question more than a statement, your post made me wonder.

The numbers are totally concocted to express a view contrary to the, everyone is a stupid knife catcher until I say it isn’t so. As good as it gets deals will be a combination of rates and price for some as opposed to a pure price bottom.(that would be pretty hard to time so it makes these aggressive rate hyping realtors laughable). I think we should not be too haughty because people are starting to make good deals on purchases. Kind of hard to tell which ones but they will trickle in. Some of those people just bought into future bragging rights instead of catching a knife.The rest caught a knife which sunk to varying depths, some will be lethal and some will be mere flesh wounds.

Just food for thought. Flaming welcome as always.

[NotCranky]

“I don’t even think we are half way to a bottom yet. Flame on, but there is still too many homes out there at too high of prices.”

This is the way I think the bottom comes in.

Currently there is a ton of inventory and three houses of that inventory are going to sell at lows for the cycle this month. Next month 10 will do the same. A few months later 30. You get he idea. Later 50 but there is still a ton of inventory. Prices get to where a very large percentage are selling near cycle lows but inventory is still pretty up there. Eventually for all practical purposes the PRICE correction is over. Where is inventory? I think it could be some what elevated still? I was looking for a chart that might reflect the lag between these two items that we can expect. It is a question more than a statement, your post made me wonder.

The numbers are totally concocted to express a view contrary to the, everyone is a stupid knife catcher until I say it isn’t so. As good as it gets deals will be a combination of rates and price for some as opposed to a pure price bottom.(that would be pretty hard to time so it makes these aggressive rate hyping realtors laughable). I think we should not be too haughty because people are starting to make good deals on purchases. Kind of hard to tell which ones but they will trickle in. Some of those people just bought into future bragging rights instead of catching a knife.The rest caught a knife which sunk to varying depths, some will be lethal and some will be mere flesh wounds.

Just food for thought. Flaming welcome as always.

[Author]

Posts