Is it Denial or Desperation

[sd_matt]

Heres a good way to put it
http://www.youtube.com/watch?v=UZeMVw_K5FU

[Bugs]

Wishful thinking. The number of spectators at the open houses don’t become relevant until they start putting up the downpayments and the wage/employment histories it takes to buy at these prices. These spectators apparently aren’t doing that, and its quite likely than many of them can’t do it. And even the ones who can do it appear to be smart enough to not do it.

The number of sales don’t lie, and neither do the price declines. These bulls can’t sell the golden dream of a home being more than shelter when those properties are dropping in value by the month.

A lot of these agents might as well withhold their advertising revenues. The homes that are selling right now probably aren’t the ones being advertised in the paper.

[Bugs]

Wishful thinking. The number of spectators at the open houses don’t become relevant until they start putting up the downpayments and the wage/employment histories it takes to buy at these prices. These spectators apparently aren’t doing that, and its quite likely than many of them can’t do it. And even the ones who can do it appear to be smart enough to not do it.

The number of sales don’t lie, and neither do the price declines. These bulls can’t sell the golden dream of a home being more than shelter when those properties are dropping in value by the month.

A lot of these agents might as well withhold their advertising revenues. The homes that are selling right now probably aren’t the ones being advertised in the paper.

[Bugs]

Wishful thinking. The number of spectators at the open houses don’t become relevant until they start putting up the downpayments and the wage/employment histories it takes to buy at these prices. These spectators apparently aren’t doing that, and its quite likely than many of them can’t do it. And even the ones who can do it appear to be smart enough to not do it.

The number of sales don’t lie, and neither do the price declines. These bulls can’t sell the golden dream of a home being more than shelter when those properties are dropping in value by the month.

A lot of these agents might as well withhold their advertising revenues. The homes that are selling right now probably aren’t the ones being advertised in the paper.

[Bugs]

Wishful thinking. The number of spectators at the open houses don’t become relevant until they start putting up the downpayments and the wage/employment histories it takes to buy at these prices. These spectators apparently aren’t doing that, and its quite likely than many of them can’t do it. And even the ones who can do it appear to be smart enough to not do it.

The number of sales don’t lie, and neither do the price declines. These bulls can’t sell the golden dream of a home being more than shelter when those properties are dropping in value by the month.

A lot of these agents might as well withhold their advertising revenues. The homes that are selling right now probably aren’t the ones being advertised in the paper.

[Bugs]

Wishful thinking. The number of spectators at the open houses don’t become relevant until they start putting up the downpayments and the wage/employment histories it takes to buy at these prices. These spectators apparently aren’t doing that, and its quite likely than many of them can’t do it. And even the ones who can do it appear to be smart enough to not do it.

The number of sales don’t lie, and neither do the price declines. These bulls can’t sell the golden dream of a home being more than shelter when those properties are dropping in value by the month.

A lot of these agents might as well withhold their advertising revenues. The homes that are selling right now probably aren’t the ones being advertised in the paper.

[JWM in SD]

JWM in SD

I said a few months ago and I’ll say it again: Chamberlin’s Days are Probably Numbered.

At this point in the housing debacle getting so much bad national and local press, I don’t know how George’s boss can honestly expect him to maintain credibility much longer. His radio show must be getting really pathetic by now.

[JWM in SD]

JWM in SD

I said a few months ago and I’ll say it again: Chamberlin’s Days are Probably Numbered.

At this point in the housing debacle getting so much bad national and local press, I don’t know how George’s boss can honestly expect him to maintain credibility much longer. His radio show must be getting really pathetic by now.

[JWM in SD]

JWM in SD

I said a few months ago and I’ll say it again: Chamberlin’s Days are Probably Numbered.

At this point in the housing debacle getting so much bad national and local press, I don’t know how George’s boss can honestly expect him to maintain credibility much longer. His radio show must be getting really pathetic by now.

[JWM in SD]

JWM in SD

I said a few months ago and I’ll say it again: Chamberlin’s Days are Probably Numbered.

At this point in the housing debacle getting so much bad national and local press, I don’t know how George’s boss can honestly expect him to maintain credibility much longer. His radio show must be getting really pathetic by now.

[JWM in SD]

JWM in SD

I said a few months ago and I’ll say it again: Chamberlin’s Days are Probably Numbered.

At this point in the housing debacle getting so much bad national and local press, I don’t know how George’s boss can honestly expect him to maintain credibility much longer. His radio show must be getting really pathetic by now.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

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