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October 11, 2009 at 8:55 AM #467424October 11, 2009 at 10:21 AM #467817murf2222Participant
You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222
October 11, 2009 at 10:21 AM #467890murf2222ParticipantYou know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222
October 11, 2009 at 10:21 AM #468100murf2222ParticipantYou know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222
October 11, 2009 at 10:21 AM #467286murf2222ParticipantYou know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222
October 11, 2009 at 10:21 AM #467467murf2222ParticipantYou know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222
October 11, 2009 at 11:03 AM #467832waiting hawkParticipant[quote=murf2222]You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222[/quote]
We said over and over that if we didnt get this house we would not make an offer again for a long time. What you said about seeing yourself in the house, how you would change the home, and how much better your life would be just takes a toll when you do not get it or see it swept out from under you buy multiple offers and yanked out of the price range that most are willing to pay. I was lucky cause We have the “ownership” feeling already at least from buying the cabin last year. I wil tell you one thing that was said to me a few times. It is not illegal to throw offers into the trash by the listing agents. They have a responsibility to the seller in presenting qualified offers (thats what they say). On my brothers house I bought for him (50% down) I went to the listing agent 1 day after list. The realtor that signed our offer his title was “assistant to listing agent”. 6 offers went into the trash and we got the verbal the next day. Going through the listing isnt 100% but being fast after listing and going to the listing agent will help ones chances more so than people that show up a week later with their own realtor. But on the other hand the banks do have agents of their own that watch for this type of action is what I was told when I asked why the all cash offer was sent to the bank. The agent of mine was in the same office but not on the listing agents team. So again It does help but its not 100%. If that all cash came in 20-30k more I would not even have a story on here today.
edit: I got emotional reading your post murf. I know the exact feeling and the sleepless nights. What a damn shame what this market has become after it was so in our favor over the years. There really should be some normal action sometimes. We shouldnt be from no one wanting a house to everyone wanting one. I hope that will change some this winter.
Edit agin: I have seen 5 houses in the 3 mile radius we have been looking to buy that are empty, owners gone, bank owns them. Not any are on the mls or for sale at all. They are holding back properties that I know of in my area 100%. They have been empty 6+ months now.
October 11, 2009 at 11:03 AM #468115waiting hawkParticipant[quote=murf2222]You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222[/quote]
We said over and over that if we didnt get this house we would not make an offer again for a long time. What you said about seeing yourself in the house, how you would change the home, and how much better your life would be just takes a toll when you do not get it or see it swept out from under you buy multiple offers and yanked out of the price range that most are willing to pay. I was lucky cause We have the “ownership” feeling already at least from buying the cabin last year. I wil tell you one thing that was said to me a few times. It is not illegal to throw offers into the trash by the listing agents. They have a responsibility to the seller in presenting qualified offers (thats what they say). On my brothers house I bought for him (50% down) I went to the listing agent 1 day after list. The realtor that signed our offer his title was “assistant to listing agent”. 6 offers went into the trash and we got the verbal the next day. Going through the listing isnt 100% but being fast after listing and going to the listing agent will help ones chances more so than people that show up a week later with their own realtor. But on the other hand the banks do have agents of their own that watch for this type of action is what I was told when I asked why the all cash offer was sent to the bank. The agent of mine was in the same office but not on the listing agents team. So again It does help but its not 100%. If that all cash came in 20-30k more I would not even have a story on here today.
edit: I got emotional reading your post murf. I know the exact feeling and the sleepless nights. What a damn shame what this market has become after it was so in our favor over the years. There really should be some normal action sometimes. We shouldnt be from no one wanting a house to everyone wanting one. I hope that will change some this winter.
Edit agin: I have seen 5 houses in the 3 mile radius we have been looking to buy that are empty, owners gone, bank owns them. Not any are on the mls or for sale at all. They are holding back properties that I know of in my area 100%. They have been empty 6+ months now.
October 11, 2009 at 11:03 AM #467301waiting hawkParticipant[quote=murf2222]You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222[/quote]
We said over and over that if we didnt get this house we would not make an offer again for a long time. What you said about seeing yourself in the house, how you would change the home, and how much better your life would be just takes a toll when you do not get it or see it swept out from under you buy multiple offers and yanked out of the price range that most are willing to pay. I was lucky cause We have the “ownership” feeling already at least from buying the cabin last year. I wil tell you one thing that was said to me a few times. It is not illegal to throw offers into the trash by the listing agents. They have a responsibility to the seller in presenting qualified offers (thats what they say). On my brothers house I bought for him (50% down) I went to the listing agent 1 day after list. The realtor that signed our offer his title was “assistant to listing agent”. 6 offers went into the trash and we got the verbal the next day. Going through the listing isnt 100% but being fast after listing and going to the listing agent will help ones chances more so than people that show up a week later with their own realtor. But on the other hand the banks do have agents of their own that watch for this type of action is what I was told when I asked why the all cash offer was sent to the bank. The agent of mine was in the same office but not on the listing agents team. So again It does help but its not 100%. If that all cash came in 20-30k more I would not even have a story on here today.
edit: I got emotional reading your post murf. I know the exact feeling and the sleepless nights. What a damn shame what this market has become after it was so in our favor over the years. There really should be some normal action sometimes. We shouldnt be from no one wanting a house to everyone wanting one. I hope that will change some this winter.
Edit agin: I have seen 5 houses in the 3 mile radius we have been looking to buy that are empty, owners gone, bank owns them. Not any are on the mls or for sale at all. They are holding back properties that I know of in my area 100%. They have been empty 6+ months now.
October 11, 2009 at 11:03 AM #467480waiting hawkParticipant[quote=murf2222]You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222[/quote]
We said over and over that if we didnt get this house we would not make an offer again for a long time. What you said about seeing yourself in the house, how you would change the home, and how much better your life would be just takes a toll when you do not get it or see it swept out from under you buy multiple offers and yanked out of the price range that most are willing to pay. I was lucky cause We have the “ownership” feeling already at least from buying the cabin last year. I wil tell you one thing that was said to me a few times. It is not illegal to throw offers into the trash by the listing agents. They have a responsibility to the seller in presenting qualified offers (thats what they say). On my brothers house I bought for him (50% down) I went to the listing agent 1 day after list. The realtor that signed our offer his title was “assistant to listing agent”. 6 offers went into the trash and we got the verbal the next day. Going through the listing isnt 100% but being fast after listing and going to the listing agent will help ones chances more so than people that show up a week later with their own realtor. But on the other hand the banks do have agents of their own that watch for this type of action is what I was told when I asked why the all cash offer was sent to the bank. The agent of mine was in the same office but not on the listing agents team. So again It does help but its not 100%. If that all cash came in 20-30k more I would not even have a story on here today.
edit: I got emotional reading your post murf. I know the exact feeling and the sleepless nights. What a damn shame what this market has become after it was so in our favor over the years. There really should be some normal action sometimes. We shouldnt be from no one wanting a house to everyone wanting one. I hope that will change some this winter.
Edit agin: I have seen 5 houses in the 3 mile radius we have been looking to buy that are empty, owners gone, bank owns them. Not any are on the mls or for sale at all. They are holding back properties that I know of in my area 100%. They have been empty 6+ months now.
October 11, 2009 at 11:03 AM #467904waiting hawkParticipant[quote=murf2222]You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
Murf2222[/quote]
We said over and over that if we didnt get this house we would not make an offer again for a long time. What you said about seeing yourself in the house, how you would change the home, and how much better your life would be just takes a toll when you do not get it or see it swept out from under you buy multiple offers and yanked out of the price range that most are willing to pay. I was lucky cause We have the “ownership” feeling already at least from buying the cabin last year. I wil tell you one thing that was said to me a few times. It is not illegal to throw offers into the trash by the listing agents. They have a responsibility to the seller in presenting qualified offers (thats what they say). On my brothers house I bought for him (50% down) I went to the listing agent 1 day after list. The realtor that signed our offer his title was “assistant to listing agent”. 6 offers went into the trash and we got the verbal the next day. Going through the listing isnt 100% but being fast after listing and going to the listing agent will help ones chances more so than people that show up a week later with their own realtor. But on the other hand the banks do have agents of their own that watch for this type of action is what I was told when I asked why the all cash offer was sent to the bank. The agent of mine was in the same office but not on the listing agents team. So again It does help but its not 100%. If that all cash came in 20-30k more I would not even have a story on here today.
edit: I got emotional reading your post murf. I know the exact feeling and the sleepless nights. What a damn shame what this market has become after it was so in our favor over the years. There really should be some normal action sometimes. We shouldnt be from no one wanting a house to everyone wanting one. I hope that will change some this winter.
Edit agin: I have seen 5 houses in the 3 mile radius we have been looking to buy that are empty, owners gone, bank owns them. Not any are on the mls or for sale at all. They are holding back properties that I know of in my area 100%. They have been empty 6+ months now.
October 12, 2009 at 11:50 AM #468473murf2222ParticipantHawk, thanks for the heartfelt words. Sounds like you and I have been riding in the same seat on this ridiculous roller coaster.
I noticed you said you bought in Alta Loma. Nice choice. Had we stayed up there, Alta Loma was where we wanted to be next. Unfortunately Fontana was where our last house was. Hated the town, but our place up in the north part of town was 75K cheaper than a similar 2200 sf 4/3 in Rancho Cucamonga. The cheapskate in me couldn’t justify the extra cost……….what a mistake THAT was!
Our neighborhood was nice, but as you know, Fontana is the armpit of the world. Our place was broken into twice by some local kids and in the spur of the moment we said “Fuck this shithole” and sold the place in Nov 2003.
Bought a boat in San Diego bay (where I was working a lot anyway) and talked the wife into living on the boat for 6 months while we figured out what part of San Diego to buy in. Of course the run-up in prices made me want to puke and that’s about when I stumbled across Piggington’s. Was quite a relief to find a group of really sharp people who agreed with me……that this bubble was real and was going to implode. That 6 months turned into over 4 years on the boat.
What’s pathetic right now is during these last 5 years I’ve seen this market do a entire 360 and is now apparently starting all over again! I went from cursing the fact that I sold the Fontana house too soon, (got 300K for it then watched it go up to 600K) to laughing my ass off when it dropped BELOW 300K last year. Now it’s on it’s way back up.
The emotional roller coaster in mind boggling isn’t it? You go from disgust of mis-timing the rise…..to lament for not having bought something again immediately before the prices get away from you. Then you feel vindicated for having stood your ground when the prices start falling, and now get transported back to 2004 with all this multiple offers stuff.
Amazing that about this time last year all of us Piggs were so proud that our predictions of the markets demise were being realized. Oh well, who would have predicted that the government was gonna step in and keep this train from derailing like we all knew it would.
I’m glad that you were able to pull it off Hawk.
Murf2222
October 12, 2009 at 11:50 AM #467651murf2222ParticipantHawk, thanks for the heartfelt words. Sounds like you and I have been riding in the same seat on this ridiculous roller coaster.
I noticed you said you bought in Alta Loma. Nice choice. Had we stayed up there, Alta Loma was where we wanted to be next. Unfortunately Fontana was where our last house was. Hated the town, but our place up in the north part of town was 75K cheaper than a similar 2200 sf 4/3 in Rancho Cucamonga. The cheapskate in me couldn’t justify the extra cost……….what a mistake THAT was!
Our neighborhood was nice, but as you know, Fontana is the armpit of the world. Our place was broken into twice by some local kids and in the spur of the moment we said “Fuck this shithole” and sold the place in Nov 2003.
Bought a boat in San Diego bay (where I was working a lot anyway) and talked the wife into living on the boat for 6 months while we figured out what part of San Diego to buy in. Of course the run-up in prices made me want to puke and that’s about when I stumbled across Piggington’s. Was quite a relief to find a group of really sharp people who agreed with me……that this bubble was real and was going to implode. That 6 months turned into over 4 years on the boat.
What’s pathetic right now is during these last 5 years I’ve seen this market do a entire 360 and is now apparently starting all over again! I went from cursing the fact that I sold the Fontana house too soon, (got 300K for it then watched it go up to 600K) to laughing my ass off when it dropped BELOW 300K last year. Now it’s on it’s way back up.
The emotional roller coaster in mind boggling isn’t it? You go from disgust of mis-timing the rise…..to lament for not having bought something again immediately before the prices get away from you. Then you feel vindicated for having stood your ground when the prices start falling, and now get transported back to 2004 with all this multiple offers stuff.
Amazing that about this time last year all of us Piggs were so proud that our predictions of the markets demise were being realized. Oh well, who would have predicted that the government was gonna step in and keep this train from derailing like we all knew it would.
I’m glad that you were able to pull it off Hawk.
Murf2222
October 12, 2009 at 11:50 AM #467833murf2222ParticipantHawk, thanks for the heartfelt words. Sounds like you and I have been riding in the same seat on this ridiculous roller coaster.
I noticed you said you bought in Alta Loma. Nice choice. Had we stayed up there, Alta Loma was where we wanted to be next. Unfortunately Fontana was where our last house was. Hated the town, but our place up in the north part of town was 75K cheaper than a similar 2200 sf 4/3 in Rancho Cucamonga. The cheapskate in me couldn’t justify the extra cost……….what a mistake THAT was!
Our neighborhood was nice, but as you know, Fontana is the armpit of the world. Our place was broken into twice by some local kids and in the spur of the moment we said “Fuck this shithole” and sold the place in Nov 2003.
Bought a boat in San Diego bay (where I was working a lot anyway) and talked the wife into living on the boat for 6 months while we figured out what part of San Diego to buy in. Of course the run-up in prices made me want to puke and that’s about when I stumbled across Piggington’s. Was quite a relief to find a group of really sharp people who agreed with me……that this bubble was real and was going to implode. That 6 months turned into over 4 years on the boat.
What’s pathetic right now is during these last 5 years I’ve seen this market do a entire 360 and is now apparently starting all over again! I went from cursing the fact that I sold the Fontana house too soon, (got 300K for it then watched it go up to 600K) to laughing my ass off when it dropped BELOW 300K last year. Now it’s on it’s way back up.
The emotional roller coaster in mind boggling isn’t it? You go from disgust of mis-timing the rise…..to lament for not having bought something again immediately before the prices get away from you. Then you feel vindicated for having stood your ground when the prices start falling, and now get transported back to 2004 with all this multiple offers stuff.
Amazing that about this time last year all of us Piggs were so proud that our predictions of the markets demise were being realized. Oh well, who would have predicted that the government was gonna step in and keep this train from derailing like we all knew it would.
I’m glad that you were able to pull it off Hawk.
Murf2222
October 12, 2009 at 11:50 AM #468260murf2222ParticipantHawk, thanks for the heartfelt words. Sounds like you and I have been riding in the same seat on this ridiculous roller coaster.
I noticed you said you bought in Alta Loma. Nice choice. Had we stayed up there, Alta Loma was where we wanted to be next. Unfortunately Fontana was where our last house was. Hated the town, but our place up in the north part of town was 75K cheaper than a similar 2200 sf 4/3 in Rancho Cucamonga. The cheapskate in me couldn’t justify the extra cost……….what a mistake THAT was!
Our neighborhood was nice, but as you know, Fontana is the armpit of the world. Our place was broken into twice by some local kids and in the spur of the moment we said “Fuck this shithole” and sold the place in Nov 2003.
Bought a boat in San Diego bay (where I was working a lot anyway) and talked the wife into living on the boat for 6 months while we figured out what part of San Diego to buy in. Of course the run-up in prices made me want to puke and that’s about when I stumbled across Piggington’s. Was quite a relief to find a group of really sharp people who agreed with me……that this bubble was real and was going to implode. That 6 months turned into over 4 years on the boat.
What’s pathetic right now is during these last 5 years I’ve seen this market do a entire 360 and is now apparently starting all over again! I went from cursing the fact that I sold the Fontana house too soon, (got 300K for it then watched it go up to 600K) to laughing my ass off when it dropped BELOW 300K last year. Now it’s on it’s way back up.
The emotional roller coaster in mind boggling isn’t it? You go from disgust of mis-timing the rise…..to lament for not having bought something again immediately before the prices get away from you. Then you feel vindicated for having stood your ground when the prices start falling, and now get transported back to 2004 with all this multiple offers stuff.
Amazing that about this time last year all of us Piggs were so proud that our predictions of the markets demise were being realized. Oh well, who would have predicted that the government was gonna step in and keep this train from derailing like we all knew it would.
I’m glad that you were able to pull it off Hawk.
Murf2222
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