Homebuilder Stocks

[sdrealtor]

Jeez so quiet today

[an]

Too bad NAIL didn’t get back to yesterday’s high. Maybe it’ll do it tomorrow.

[Anonymous]

[quote=sdrealtor][quote=deadzone][quote=sdrealtor]Z up 10%+ today[/quote]

Well, still down about 75% from its peak. Trend is pretty clear. These rapidly rising interest rates will destroy Zillow and all the ibuyers.[/quote]

Zillow is a marketing company. They make money selling advertising and leads. The tougher the market gets the more willing naive realtors are to spend even more on worthless advertising and leads. They are still 25% above pre pandemic and ibuying misadventure[/quote]

Zillow just plowed through their 52week low today, Redfin is doing even worse.
Stick a fork in the ibuyers. Game over.

[Coronita]

Lol… Always coming back dz when markets are down lol….

[an]

[quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]
I hope he’s putting his money where his mouth is and have been shorting these stocks like crazy. Or better yet, buy PUTs on them. He is making bank.

[sdrealtor]

[quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

I made money on NAIL. You made money on NAIL. DZ got a non-participation trophy

[Anonymous]

[quote=an][quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]
I hope he’s putting his money where his mouth is and have been shorting these stocks like crazy. Or better yet, buy PUTs on them. He is making bank.[/quote]

I’m not mentioning these crashing companies to brag about my short profits, the point is it is an obvious indicator of the upcoming housing crash (and overall economic crash). Some of you insist on keeping your blinders on so I feel the responsibility to point these things out.

I wish I bought Puts on Zillow and Redfin last year, that was absolutely the “Opportunity of a Lifetime”. They are on their way to 0 much like the subprime lenders last crash.

But hell yes I am shorting homebuilders and Nasdaq right now.

[Anonymous]

[quote=sdrealtor][quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

I made money on NAIL. You made money on NAIL. DZ got a non-participation trophy[/quote]

You didn’t make shit on NAIL. But if you really had balls, you should buy some right now. I double dare you.

[Anonymous]

[quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

If that’s is true, you should expect to hear a lot from me over the next year. Sorry…

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

I made money on NAIL. You made money on NAIL. DZ got a non-participation trophy[/quote]

You didn’t make shit on NAIL. But if you really had balls, you should buy some right now. I double dare you.[/quote].

Made money and on to the next opportunity. Have you ever owned a home? I doubt it because you don’t understand how any of this works. No crash in sight.

Betting window is still open. If you have any balls put your money where your mouth is.

[Anonymous]

Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.

[Coronita]

[quote=deadzone][quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

If that’s is true, you should expect to hear a lot from me over the next year. Sorry…[/quote]

Lol, I don’t care if you do. My financial outcome does not depend on what your opinions of your expertness is or isn’t or needs validation of my decisions from a public blog….I’m pretty much done worrying about my finances and housing, and it’s been that way for a few years.

[sdrealtor]

[quote=deadzone]Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.[/quote]

Simply not true. Over the years I have talked countless people out of buying. Last month I got a PM here and when the person explained their situation the answer for them was to be patient, continue saving and wait things out a bit more. Every situation is unique even yours. You are uniquely a complete loser

[Coronita]

[quote=deadzone]Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.[/quote]

If true and a crash is coming, that’s great news for investors and young first time homebuyers that just started their careers and life and can get a place of their own from the get go, instead of waiting decades for a bottom and sending it to a landlord.

[sdrealtor]

[quote=Coronita][quote=deadzone]Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.[/quote]

If true and a crash is coming, that’s great news for investors and young first time homebuyers that just started their careers and life and can get a place of their own from the get go, instead of waiting decades for a bottom and sending it to a landlord.[/quote]

Yes improved affordability for young folks would be awesome. There should be rewards for working hard and living responsibility. Most of us here had that opportunity of a lifetime and took advantage of it. I’d love to see that for those smart enough to recognize it when and if it comes around here again

[Author]

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