- This topic has 110 replies, 14 voices, and was last updated 16 years, 1 month ago by
nostradamus.
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AuthorPosts
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February 1, 2008 at 12:33 PM #146970February 1, 2008 at 12:53 PM #146657
SD Realtor
ParticipantWhen we had the big inventory numbers in 2006 weren’t there some other posts talking about 30k inventory for 2007?
SD Realtor
February 1, 2008 at 12:53 PM #146901SD Realtor
ParticipantWhen we had the big inventory numbers in 2006 weren’t there some other posts talking about 30k inventory for 2007?
SD Realtor
February 1, 2008 at 12:53 PM #146928SD Realtor
ParticipantWhen we had the big inventory numbers in 2006 weren’t there some other posts talking about 30k inventory for 2007?
SD Realtor
February 1, 2008 at 12:53 PM #146939SD Realtor
ParticipantWhen we had the big inventory numbers in 2006 weren’t there some other posts talking about 30k inventory for 2007?
SD Realtor
February 1, 2008 at 12:53 PM #147000SD Realtor
ParticipantWhen we had the big inventory numbers in 2006 weren’t there some other posts talking about 30k inventory for 2007?
SD Realtor
February 1, 2008 at 1:22 PM #146672JWM in SD
ParticipantJWM in SD
“The average San Diegan still thinks housing is a great investment, and a market that has dropped 15% in the last year combined with near record-low interest rates (particularly when the jumbos go conforming) is going to be too much to pass up.”
Well, I will admit that at times I am surprised at who still doesn’t understand what is going on. However, I have noticed a marked shift in people’s attitudes towards SoCal RE. I would dare say that the 60 minutes program may have put the nail in the coffin.
Like I said, unless the price to income ratio changes through wage inflation, the debt is not serviceable, so more and more people will realize that it doesn’t matter how many times they refi it, they will still have to pay the debt.
February 1, 2008 at 1:22 PM #146916JWM in SD
ParticipantJWM in SD
“The average San Diegan still thinks housing is a great investment, and a market that has dropped 15% in the last year combined with near record-low interest rates (particularly when the jumbos go conforming) is going to be too much to pass up.”
Well, I will admit that at times I am surprised at who still doesn’t understand what is going on. However, I have noticed a marked shift in people’s attitudes towards SoCal RE. I would dare say that the 60 minutes program may have put the nail in the coffin.
Like I said, unless the price to income ratio changes through wage inflation, the debt is not serviceable, so more and more people will realize that it doesn’t matter how many times they refi it, they will still have to pay the debt.
February 1, 2008 at 1:22 PM #146943JWM in SD
ParticipantJWM in SD
“The average San Diegan still thinks housing is a great investment, and a market that has dropped 15% in the last year combined with near record-low interest rates (particularly when the jumbos go conforming) is going to be too much to pass up.”
Well, I will admit that at times I am surprised at who still doesn’t understand what is going on. However, I have noticed a marked shift in people’s attitudes towards SoCal RE. I would dare say that the 60 minutes program may have put the nail in the coffin.
Like I said, unless the price to income ratio changes through wage inflation, the debt is not serviceable, so more and more people will realize that it doesn’t matter how many times they refi it, they will still have to pay the debt.
February 1, 2008 at 1:22 PM #146954JWM in SD
ParticipantJWM in SD
“The average San Diegan still thinks housing is a great investment, and a market that has dropped 15% in the last year combined with near record-low interest rates (particularly when the jumbos go conforming) is going to be too much to pass up.”
Well, I will admit that at times I am surprised at who still doesn’t understand what is going on. However, I have noticed a marked shift in people’s attitudes towards SoCal RE. I would dare say that the 60 minutes program may have put the nail in the coffin.
Like I said, unless the price to income ratio changes through wage inflation, the debt is not serviceable, so more and more people will realize that it doesn’t matter how many times they refi it, they will still have to pay the debt.
February 1, 2008 at 1:22 PM #147015JWM in SD
ParticipantJWM in SD
“The average San Diegan still thinks housing is a great investment, and a market that has dropped 15% in the last year combined with near record-low interest rates (particularly when the jumbos go conforming) is going to be too much to pass up.”
Well, I will admit that at times I am surprised at who still doesn’t understand what is going on. However, I have noticed a marked shift in people’s attitudes towards SoCal RE. I would dare say that the 60 minutes program may have put the nail in the coffin.
Like I said, unless the price to income ratio changes through wage inflation, the debt is not serviceable, so more and more people will realize that it doesn’t matter how many times they refi it, they will still have to pay the debt.
February 1, 2008 at 1:36 PM #146682JWM in SD
ParticipantJWM in SD
Oh yeah, and another thing about San Diegans thinking it’s a great time to buy. Over a year ago, I told all of you that once the MSM get’s hold of this story and SD in particular, they are going to tear into like a mad pit bull. Let’s see, 60 minutes (check), WSJ (check), CNBC (check), FBI (check). Why just this past week someone decided to sue their carlsbad realtor because they didn’t have the buyers best interest in mind…gee, I though SD was this idyllic place in SoCal where no one ever gets ripped off???
Now check this out:
http://www.bubbleinfo.com/journal/2008/2/1/jenae-peckhams-story.htmlWait until this story really hits the MSM right between eyes. When the average San Diegan begins to realize that their entire housing market has been one big fraudulent ponzi scheme for the past several years, you better believe that they are going to go in search of the remaining greater fools still left out there.
Watch and Learn………
February 1, 2008 at 1:36 PM #146926JWM in SD
ParticipantJWM in SD
Oh yeah, and another thing about San Diegans thinking it’s a great time to buy. Over a year ago, I told all of you that once the MSM get’s hold of this story and SD in particular, they are going to tear into like a mad pit bull. Let’s see, 60 minutes (check), WSJ (check), CNBC (check), FBI (check). Why just this past week someone decided to sue their carlsbad realtor because they didn’t have the buyers best interest in mind…gee, I though SD was this idyllic place in SoCal where no one ever gets ripped off???
Now check this out:
http://www.bubbleinfo.com/journal/2008/2/1/jenae-peckhams-story.htmlWait until this story really hits the MSM right between eyes. When the average San Diegan begins to realize that their entire housing market has been one big fraudulent ponzi scheme for the past several years, you better believe that they are going to go in search of the remaining greater fools still left out there.
Watch and Learn………
February 1, 2008 at 1:36 PM #146953JWM in SD
ParticipantJWM in SD
Oh yeah, and another thing about San Diegans thinking it’s a great time to buy. Over a year ago, I told all of you that once the MSM get’s hold of this story and SD in particular, they are going to tear into like a mad pit bull. Let’s see, 60 minutes (check), WSJ (check), CNBC (check), FBI (check). Why just this past week someone decided to sue their carlsbad realtor because they didn’t have the buyers best interest in mind…gee, I though SD was this idyllic place in SoCal where no one ever gets ripped off???
Now check this out:
http://www.bubbleinfo.com/journal/2008/2/1/jenae-peckhams-story.htmlWait until this story really hits the MSM right between eyes. When the average San Diegan begins to realize that their entire housing market has been one big fraudulent ponzi scheme for the past several years, you better believe that they are going to go in search of the remaining greater fools still left out there.
Watch and Learn………
February 1, 2008 at 1:36 PM #146964JWM in SD
ParticipantJWM in SD
Oh yeah, and another thing about San Diegans thinking it’s a great time to buy. Over a year ago, I told all of you that once the MSM get’s hold of this story and SD in particular, they are going to tear into like a mad pit bull. Let’s see, 60 minutes (check), WSJ (check), CNBC (check), FBI (check). Why just this past week someone decided to sue their carlsbad realtor because they didn’t have the buyers best interest in mind…gee, I though SD was this idyllic place in SoCal where no one ever gets ripped off???
Now check this out:
http://www.bubbleinfo.com/journal/2008/2/1/jenae-peckhams-story.htmlWait until this story really hits the MSM right between eyes. When the average San Diegan begins to realize that their entire housing market has been one big fraudulent ponzi scheme for the past several years, you better believe that they are going to go in search of the remaining greater fools still left out there.
Watch and Learn………
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