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July 16, 2007 at 9:53 AM #66056July 16, 2007 at 2:33 PM #66031ibjamesParticipant
I looked at an oddly shaped condo this weekend for grins in PB. It’s the last one in the facility, 2 bedrooms 2.5 baths with a den and a garage. The master has a tiny closet and the room is tiny also. The shape of the living room is odd and doesn’t really allow a great setup without a wall mounted tv. (which the realtor raved about the setup). It also has a patio on the roof w/gas fireplace and views of the ocean (and all of garnetts craziness). The windows face the apartment building next door (you can literally say hi to them every morning). When I mentioned the price for what you get (the garage isn’t attached) she mentioned that the porch has gutters and cutouts for water to be routed, which she said is not very common, and of course the patio upstairs.
She also mentioned that the “experts” were saying that this is a buyers market and next year there will be an “uptick” in sales again and prices.
“uptick” I bit my tongue, my wife and I cordially left, aftewards she laughed and was happy we were renting.
July 16, 2007 at 2:33 PM #66096ibjamesParticipantI looked at an oddly shaped condo this weekend for grins in PB. It’s the last one in the facility, 2 bedrooms 2.5 baths with a den and a garage. The master has a tiny closet and the room is tiny also. The shape of the living room is odd and doesn’t really allow a great setup without a wall mounted tv. (which the realtor raved about the setup). It also has a patio on the roof w/gas fireplace and views of the ocean (and all of garnetts craziness). The windows face the apartment building next door (you can literally say hi to them every morning). When I mentioned the price for what you get (the garage isn’t attached) she mentioned that the porch has gutters and cutouts for water to be routed, which she said is not very common, and of course the patio upstairs.
She also mentioned that the “experts” were saying that this is a buyers market and next year there will be an “uptick” in sales again and prices.
“uptick” I bit my tongue, my wife and I cordially left, aftewards she laughed and was happy we were renting.
July 17, 2007 at 6:50 PM #66213crParticipantNice find Hawk.
The longer they ignore the truth of the market condition the harsher the realziation will be. It’s only a matter of time.
It’s insulting to hear people say the market is strong, and I’m tired of hearing the unemployment is low, businesses are making money, inflation is low, spending is up and the dow is up 20% YTD. Good or bad, true or not, foreclosures are skyrocketing, MBS are dumping, and prices are dropping.
It’s only going to get worse for the next few years.
July 17, 2007 at 6:50 PM #66277crParticipantNice find Hawk.
The longer they ignore the truth of the market condition the harsher the realziation will be. It’s only a matter of time.
It’s insulting to hear people say the market is strong, and I’m tired of hearing the unemployment is low, businesses are making money, inflation is low, spending is up and the dow is up 20% YTD. Good or bad, true or not, foreclosures are skyrocketing, MBS are dumping, and prices are dropping.
It’s only going to get worse for the next few years.
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