could it be …

[mercedes7]

Ok, I will buy that sdrealtor. Perhaps the pros will not be burned, but when the rookie flippers exit the game, and demand wanes, even the pros will step back if/when their profit potential decreases. Failure to do so could be financially detrimental.

My point is, when real estate is no longer identified as a short term investment instrument, and people finally acknowledge that prices are not going to suddenly bounce back, that is when the bottom is here or at least near. It is the psychology change that I am referring to, and it seems that we are getting there, but not there yet. People are still too obsessed with housing and real estate.

[Aecetia]

I agree. I looked at a couple of East County fixers and met the same realtor at both of them. He was looking them over for an investment group for just that reason and this was about a year ago. His group was getting them at about 50- 75 K. off the normal price and they were usually houses that someone had started remodeling and then run out of money.

[Aecetia]

I agree. I looked at a couple of East County fixers and met the same realtor at both of them. He was looking them over for an investment group for just that reason and this was about a year ago. His group was getting them at about 50- 75 K. off the normal price and they were usually houses that someone had started remodeling and then run out of money.

[Aecetia]

I agree. I looked at a couple of East County fixers and met the same realtor at both of them. He was looking them over for an investment group for just that reason and this was about a year ago. His group was getting them at about 50- 75 K. off the normal price and they were usually houses that someone had started remodeling and then run out of money.

[Aecetia]

I agree. I looked at a couple of East County fixers and met the same realtor at both of them. He was looking them over for an investment group for just that reason and this was about a year ago. His group was getting them at about 50- 75 K. off the normal price and they were usually houses that someone had started remodeling and then run out of money.

[Aecetia]

I agree. I looked at a couple of East County fixers and met the same realtor at both of them. He was looking them over for an investment group for just that reason and this was about a year ago. His group was getting them at about 50- 75 K. off the normal price and they were usually houses that someone had started remodeling and then run out of money.

[SD Realtor]

I would agree. My group and I are definitely classified as rookie status at best. The large groups that we compete against have already made alot of money and already distributed it out to the shareholders. The people we see jumping in and making unwise investments are definitely more rookie in nature and yeah they may get caught in a squeeze. This even holds true for my own group.

Mercedes we have gone round and round many years back on when can a bottom be identified. Clearly some of us missed it when it did bottom out in late 2008 however many piggs did indeed buy a home then. Not necessarly because they thought it was a bottom but because for whatever reason, (the numbers worked out, or they found a place they really liked) they bought. Alot of them even posted about the purchases they made but I cannot recall a single post where any of them thought they found a bottom.

I think looking back to that time we would all agree it was a bottom now, however it was a local bottom. Clearly the symptoms of a sickly housing market still existed then and do today and while we have had a significant bounce, none of us here think this market is healthy by any account.

I have given up trying to make bottom calls and trying to predict what the hell the govt will do next. Most of my analysis now is watching the 10 yr treasury, watching the bids at trustee sale, and studying local submarkets that I have buyers interested in or sellers looking to sell in. The trends in those I have studied (for the most part) seem to be pointing towards a saturation point due to price increases and rates climbing some.

How it looks in the summer… will be interesting to note.

[SD Realtor]

I would agree. My group and I are definitely classified as rookie status at best. The large groups that we compete against have already made alot of money and already distributed it out to the shareholders. The people we see jumping in and making unwise investments are definitely more rookie in nature and yeah they may get caught in a squeeze. This even holds true for my own group.

Mercedes we have gone round and round many years back on when can a bottom be identified. Clearly some of us missed it when it did bottom out in late 2008 however many piggs did indeed buy a home then. Not necessarly because they thought it was a bottom but because for whatever reason, (the numbers worked out, or they found a place they really liked) they bought. Alot of them even posted about the purchases they made but I cannot recall a single post where any of them thought they found a bottom.

I think looking back to that time we would all agree it was a bottom now, however it was a local bottom. Clearly the symptoms of a sickly housing market still existed then and do today and while we have had a significant bounce, none of us here think this market is healthy by any account.

I have given up trying to make bottom calls and trying to predict what the hell the govt will do next. Most of my analysis now is watching the 10 yr treasury, watching the bids at trustee sale, and studying local submarkets that I have buyers interested in or sellers looking to sell in. The trends in those I have studied (for the most part) seem to be pointing towards a saturation point due to price increases and rates climbing some.

How it looks in the summer… will be interesting to note.

[SD Realtor]

I would agree. My group and I are definitely classified as rookie status at best. The large groups that we compete against have already made alot of money and already distributed it out to the shareholders. The people we see jumping in and making unwise investments are definitely more rookie in nature and yeah they may get caught in a squeeze. This even holds true for my own group.

Mercedes we have gone round and round many years back on when can a bottom be identified. Clearly some of us missed it when it did bottom out in late 2008 however many piggs did indeed buy a home then. Not necessarly because they thought it was a bottom but because for whatever reason, (the numbers worked out, or they found a place they really liked) they bought. Alot of them even posted about the purchases they made but I cannot recall a single post where any of them thought they found a bottom.

I think looking back to that time we would all agree it was a bottom now, however it was a local bottom. Clearly the symptoms of a sickly housing market still existed then and do today and while we have had a significant bounce, none of us here think this market is healthy by any account.

I have given up trying to make bottom calls and trying to predict what the hell the govt will do next. Most of my analysis now is watching the 10 yr treasury, watching the bids at trustee sale, and studying local submarkets that I have buyers interested in or sellers looking to sell in. The trends in those I have studied (for the most part) seem to be pointing towards a saturation point due to price increases and rates climbing some.

How it looks in the summer… will be interesting to note.

[SD Realtor]

I would agree. My group and I are definitely classified as rookie status at best. The large groups that we compete against have already made alot of money and already distributed it out to the shareholders. The people we see jumping in and making unwise investments are definitely more rookie in nature and yeah they may get caught in a squeeze. This even holds true for my own group.

Mercedes we have gone round and round many years back on when can a bottom be identified. Clearly some of us missed it when it did bottom out in late 2008 however many piggs did indeed buy a home then. Not necessarly because they thought it was a bottom but because for whatever reason, (the numbers worked out, or they found a place they really liked) they bought. Alot of them even posted about the purchases they made but I cannot recall a single post where any of them thought they found a bottom.

I think looking back to that time we would all agree it was a bottom now, however it was a local bottom. Clearly the symptoms of a sickly housing market still existed then and do today and while we have had a significant bounce, none of us here think this market is healthy by any account.

I have given up trying to make bottom calls and trying to predict what the hell the govt will do next. Most of my analysis now is watching the 10 yr treasury, watching the bids at trustee sale, and studying local submarkets that I have buyers interested in or sellers looking to sell in. The trends in those I have studied (for the most part) seem to be pointing towards a saturation point due to price increases and rates climbing some.

How it looks in the summer… will be interesting to note.

[SD Realtor]

I would agree. My group and I are definitely classified as rookie status at best. The large groups that we compete against have already made alot of money and already distributed it out to the shareholders. The people we see jumping in and making unwise investments are definitely more rookie in nature and yeah they may get caught in a squeeze. This even holds true for my own group.

Mercedes we have gone round and round many years back on when can a bottom be identified. Clearly some of us missed it when it did bottom out in late 2008 however many piggs did indeed buy a home then. Not necessarly because they thought it was a bottom but because for whatever reason, (the numbers worked out, or they found a place they really liked) they bought. Alot of them even posted about the purchases they made but I cannot recall a single post where any of them thought they found a bottom.

I think looking back to that time we would all agree it was a bottom now, however it was a local bottom. Clearly the symptoms of a sickly housing market still existed then and do today and while we have had a significant bounce, none of us here think this market is healthy by any account.

I have given up trying to make bottom calls and trying to predict what the hell the govt will do next. Most of my analysis now is watching the 10 yr treasury, watching the bids at trustee sale, and studying local submarkets that I have buyers interested in or sellers looking to sell in. The trends in those I have studied (for the most part) seem to be pointing towards a saturation point due to price increases and rates climbing some.

How it looks in the summer… will be interesting to note.

[sdrealtor]

mercedes
You are completely missing the economics of this. When the rookie flippers who bid the properties up exit, the profit margins will increase for the pros.

This is SoCal. people will always be obsessed with housing and real estate.

[sdrealtor]

mercedes
You are completely missing the economics of this. When the rookie flippers who bid the properties up exit, the profit margins will increase for the pros.

This is SoCal. people will always be obsessed with housing and real estate.

[sdrealtor]

mercedes
You are completely missing the economics of this. When the rookie flippers who bid the properties up exit, the profit margins will increase for the pros.

This is SoCal. people will always be obsessed with housing and real estate.

[sdrealtor]

mercedes
You are completely missing the economics of this. When the rookie flippers who bid the properties up exit, the profit margins will increase for the pros.

This is SoCal. people will always be obsessed with housing and real estate.

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