Buy now – the bidding war will drive prices up

[jpinpb]

For some reason this is showing up italicized.

doofrat – I have to agree that the loose credit is really the root of this problem and evidenced by what happened once that spigot got shut off. Many people are not qualifying to buy a home. Buyers are out there and there is a demand, but you have to jump through hoops to get it. Only a short time ago, all you had to have was a lemonade or popsicle stand and it was raining free money. That is the difference. That and people buying multiple homes. There wasn’t a “real” shortage/supply. All of it was artificially created.

That said, there are bidding wars happening. This place was initially listed @ 525k. Got so many offers, they raised it to 650k. To be fair, this was the lowest price SFH in PB zoned multi, a couple of blocks from beach.

http://www.sdlookup.com/MLS-086021289-862_Sapphire_St_San_Diego_CA_92109

And also DWCAP said something. I certainly can qualify for 300k on my own. I can certainly buy something downtown or Chula Vista or Temecula. Just because I can, doesn’t mean I will. And also agree w/him on the BOM b/c not qualifying.

I also agree w/Rustico. I am not concerned so much w/granite as location. The only qualification I would give is if they are both in the same location, same price (about) and one has granite (improved) naturally pick the place that is fixed.

[Doofrat]

italics off

So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:

1. As there is more oil on the market prices go down

2. As prices go down, there is more consumption

3. Because there is more consumption, prices go up

4. So a raise in production by OPEC equals higher prices

[Doofrat]

italics off

So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:

1. As there is more oil on the market prices go down

2. As prices go down, there is more consumption

3. Because there is more consumption, prices go up

4. So a raise in production by OPEC equals higher prices

[Doofrat]

italics off

So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:

1. As there is more oil on the market prices go down

2. As prices go down, there is more consumption

3. Because there is more consumption, prices go up

4. So a raise in production by OPEC equals higher prices

[Doofrat]

italics off

So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:

1. As there is more oil on the market prices go down

2. As prices go down, there is more consumption

3. Because there is more consumption, prices go up

4. So a raise in production by OPEC equals higher prices

[Doofrat]

italics off

So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:

1. As there is more oil on the market prices go down

2. As prices go down, there is more consumption

3. Because there is more consumption, prices go up

4. So a raise in production by OPEC equals higher prices

[ucodegen]

For some reason this is showing up italicized.

Oops sorry.. happens when I type real fast.. I’ll see if I can reach up and fix it. If someone does a reply to a post.. it can no longer be edited.

The italic problem is in the blogging software. If you don’t terminate a format properly.. it carries onto the next post.

[ucodegen]

For some reason this is showing up italicized.

Oops sorry.. happens when I type real fast.. I’ll see if I can reach up and fix it. If someone does a reply to a post.. it can no longer be edited.

The italic problem is in the blogging software. If you don’t terminate a format properly.. it carries onto the next post.

[ucodegen]

For some reason this is showing up italicized.

Oops sorry.. happens when I type real fast.. I’ll see if I can reach up and fix it. If someone does a reply to a post.. it can no longer be edited.

The italic problem is in the blogging software. If you don’t terminate a format properly.. it carries onto the next post.

[ucodegen]

For some reason this is showing up italicized.

Oops sorry.. happens when I type real fast.. I’ll see if I can reach up and fix it. If someone does a reply to a post.. it can no longer be edited.

The italic problem is in the blogging software. If you don’t terminate a format properly.. it carries onto the next post.

[ucodegen]

For some reason this is showing up italicized.

Oops sorry.. happens when I type real fast.. I’ll see if I can reach up and fix it. If someone does a reply to a post.. it can no longer be edited.

The italic problem is in the blogging software. If you don’t terminate a format properly.. it carries onto the next post.

[ucodegen]

I think the problem is in the confusion of value and worth.

Worth is just simply what something is worth… related to costs and desirability. It is not value.

Value is based upon how much you paid for that unit of ‘worth’. If you paid less than what ‘worth’ was worth.. than you have value in your purchase.. otherwise you wasted money (another asset that has worth.. presently rapidly depreciating at that)

[ucodegen]

I think the problem is in the confusion of value and worth.

Worth is just simply what something is worth… related to costs and desirability. It is not value.

Value is based upon how much you paid for that unit of ‘worth’. If you paid less than what ‘worth’ was worth.. than you have value in your purchase.. otherwise you wasted money (another asset that has worth.. presently rapidly depreciating at that)

[ucodegen]

I think the problem is in the confusion of value and worth.

Worth is just simply what something is worth… related to costs and desirability. It is not value.

Value is based upon how much you paid for that unit of ‘worth’. If you paid less than what ‘worth’ was worth.. than you have value in your purchase.. otherwise you wasted money (another asset that has worth.. presently rapidly depreciating at that)

[ucodegen]

I think the problem is in the confusion of value and worth.

Worth is just simply what something is worth… related to costs and desirability. It is not value.

Value is based upon how much you paid for that unit of ‘worth’. If you paid less than what ‘worth’ was worth.. than you have value in your purchase.. otherwise you wasted money (another asset that has worth.. presently rapidly depreciating at that)

[Author]

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