Creating a sense of urgency. You better buy now!

[sdrealtor]

Exactly what I am seeing and even more importantly EXACTLY what I told people to expect in my November post.

sdr

And this is coming from a guy that grabs that slurpee on the way to the beach all year long.

[johnaz]

Oh Oh! Just became one of the statistics and purchased a house in
Carlsbad. Was it a great deal? Probably not, but it was exactly what we were looking for.

[johnaz]

Oh Oh! Just became one of the statistics and purchased a house in
Carlsbad. Was it a great deal? Probably not, but it was exactly what we were looking for.

[johnaz]

Oh Oh! Just became one of the statistics and purchased a house in
Carlsbad. Was it a great deal? Probably not, but it was exactly what we were looking for.

[johnaz]

Oh Oh! Just became one of the statistics and purchased a house in
Carlsbad. Was it a great deal? Probably not, but it was exactly what we were looking for.

[johnaz]

Oh Oh! Just became one of the statistics and purchased a house in
Carlsbad. Was it a great deal? Probably not, but it was exactly what we were looking for.

[svelte]

Congrats, JohnAZ. Please create some posts about the purchase as time goes on…it’s always fun to hear.

And thanks for your perspective SD R and sdr…it is surprising how much interest there is in the SD housing market. Then again, maybe it’s not surprising knowing the crap to quality ratio of the inventory.

[svelte]

Congrats, JohnAZ. Please create some posts about the purchase as time goes on…it’s always fun to hear.

And thanks for your perspective SD R and sdr…it is surprising how much interest there is in the SD housing market. Then again, maybe it’s not surprising knowing the crap to quality ratio of the inventory.

[svelte]

Congrats, JohnAZ. Please create some posts about the purchase as time goes on…it’s always fun to hear.

And thanks for your perspective SD R and sdr…it is surprising how much interest there is in the SD housing market. Then again, maybe it’s not surprising knowing the crap to quality ratio of the inventory.

[svelte]

Congrats, JohnAZ. Please create some posts about the purchase as time goes on…it’s always fun to hear.

And thanks for your perspective SD R and sdr…it is surprising how much interest there is in the SD housing market. Then again, maybe it’s not surprising knowing the crap to quality ratio of the inventory.

[svelte]

Congrats, JohnAZ. Please create some posts about the purchase as time goes on…it’s always fun to hear.

And thanks for your perspective SD R and sdr…it is surprising how much interest there is in the SD housing market. Then again, maybe it’s not surprising knowing the crap to quality ratio of the inventory.

[nostradamus]

In the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.

Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…

[nostradamus]

In the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.

Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…

[nostradamus]

In the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.

Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…

[nostradamus]

In the bubble run-up the banks were kind enough with easy credit to anyone. Now we have a large number of people– who are qualified by today’s stricter loan and financial standards– being kind to banks in return: these people are willing to go into decades of debt in order to purchase an immediately depreciating asset. Many have decried the bail-outs of banks; yet while the fed battles on the front line these people attack from the rear, armed with checkbooks! I hope it works out well for them and they don’t in turn need bail-outs. I also hope it works out well for the banks. The thing that scares me is, regardless of how qualified you are financially, when your asset is worth X and you owe XY (where Y > 1) as Y increases there will come a point when any sane person would walk away, perhaps to buy a bigger, cheaper house next door. Even today’s strict loan guidelines cannot prevent that.

Owners: maybe this is our last-chance rally! Should we sell? Hmmmmm…

[Author]

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