IvyGate properties in 4S Ranch

[jpinpb]

I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.

I’m not seeing much organic supply. The few that were not short sales or REOs were asking more than comps and were listed for a very long time. And some of those returned on the market w/NODs and/or short sales.

Not saying there isn’t any at all. They maybe are one or two here and there. Certainly not a high percentage.

[Arraya]

[quote=jpinpb]I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.
[/quote]

In a perfect world they would like to spread it out for years. However spreading it out is based on big assumptions that I think are improbable.

I think it is more like the little dutch boy with his fingers in the dyke. Plugging one hole, only to find another one spring open. Soon to be overwhelmed with leaks until the damn finally crumbles.

[Arraya]

[quote=jpinpb]I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.
[/quote]

In a perfect world they would like to spread it out for years. However spreading it out is based on big assumptions that I think are improbable.

I think it is more like the little dutch boy with his fingers in the dyke. Plugging one hole, only to find another one spring open. Soon to be overwhelmed with leaks until the damn finally crumbles.

[Arraya]

[quote=jpinpb]I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.
[/quote]

In a perfect world they would like to spread it out for years. However spreading it out is based on big assumptions that I think are improbable.

I think it is more like the little dutch boy with his fingers in the dyke. Plugging one hole, only to find another one spring open. Soon to be overwhelmed with leaks until the damn finally crumbles.

[Arraya]

[quote=jpinpb]I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.
[/quote]

In a perfect world they would like to spread it out for years. However spreading it out is based on big assumptions that I think are improbable.

I think it is more like the little dutch boy with his fingers in the dyke. Plugging one hole, only to find another one spring open. Soon to be overwhelmed with leaks until the damn finally crumbles.

[Arraya]

[quote=jpinpb]I was thinking the same thing. Rather than an abrupt, sharp, shocking drop, they are dragging this out for years as the declines continue slowly w/an occasional little rise to raise one’s spirits and give them hope, but nevertheless continuing down. All the while, the government will claim to have tried their best to help.
[/quote]

In a perfect world they would like to spread it out for years. However spreading it out is based on big assumptions that I think are improbable.

I think it is more like the little dutch boy with his fingers in the dyke. Plugging one hole, only to find another one spring open. Soon to be overwhelmed with leaks until the damn finally crumbles.

[an]

[quote=briansd1][quote=AN] Any idea when we’ll see that tsunami? I know a few who could use some good news.[/quote]

There would have been a tsunami had the government not interfered.

The slow continual trickle will achieve the same thing. The pain is just spread out over a longer time and over several generations.

The real estate market will not return to normal until it’s comprised of organic supply and demand.[/quote]
It might be the same thing for the people who are underwater and being foreclosed on. But it’s defintely not the same for buyers. A tsunami would have caused the who market to go into extreme undervalue teritory. We are far from that with this shenanigans.

Btw, we probably wouldn’t have a massive bubble if the government didn’t interfere either, but they did. So, we should have seen the intervention coming a mile away.

[an]

[quote=briansd1][quote=AN] Any idea when we’ll see that tsunami? I know a few who could use some good news.[/quote]

There would have been a tsunami had the government not interfered.

The slow continual trickle will achieve the same thing. The pain is just spread out over a longer time and over several generations.

The real estate market will not return to normal until it’s comprised of organic supply and demand.[/quote]
It might be the same thing for the people who are underwater and being foreclosed on. But it’s defintely not the same for buyers. A tsunami would have caused the who market to go into extreme undervalue teritory. We are far from that with this shenanigans.

Btw, we probably wouldn’t have a massive bubble if the government didn’t interfere either, but they did. So, we should have seen the intervention coming a mile away.

[an]

[quote=briansd1][quote=AN] Any idea when we’ll see that tsunami? I know a few who could use some good news.[/quote]

There would have been a tsunami had the government not interfered.

The slow continual trickle will achieve the same thing. The pain is just spread out over a longer time and over several generations.

The real estate market will not return to normal until it’s comprised of organic supply and demand.[/quote]
It might be the same thing for the people who are underwater and being foreclosed on. But it’s defintely not the same for buyers. A tsunami would have caused the who market to go into extreme undervalue teritory. We are far from that with this shenanigans.

Btw, we probably wouldn’t have a massive bubble if the government didn’t interfere either, but they did. So, we should have seen the intervention coming a mile away.

[an]

[quote=briansd1][quote=AN] Any idea when we’ll see that tsunami? I know a few who could use some good news.[/quote]

There would have been a tsunami had the government not interfered.

The slow continual trickle will achieve the same thing. The pain is just spread out over a longer time and over several generations.

The real estate market will not return to normal until it’s comprised of organic supply and demand.[/quote]
It might be the same thing for the people who are underwater and being foreclosed on. But it’s defintely not the same for buyers. A tsunami would have caused the who market to go into extreme undervalue teritory. We are far from that with this shenanigans.

Btw, we probably wouldn’t have a massive bubble if the government didn’t interfere either, but they did. So, we should have seen the intervention coming a mile away.

[an]

[quote=briansd1][quote=AN] Any idea when we’ll see that tsunami? I know a few who could use some good news.[/quote]

There would have been a tsunami had the government not interfered.

The slow continual trickle will achieve the same thing. The pain is just spread out over a longer time and over several generations.

The real estate market will not return to normal until it’s comprised of organic supply and demand.[/quote]
It might be the same thing for the people who are underwater and being foreclosed on. But it’s defintely not the same for buyers. A tsunami would have caused the who market to go into extreme undervalue teritory. We are far from that with this shenanigans.

Btw, we probably wouldn’t have a massive bubble if the government didn’t interfere either, but they did. So, we should have seen the intervention coming a mile away.

[UCGal]

Latest trustee sale from this area..

from fidelityasap.com
10007 WINECREST ROAD
Sale Status: Sold 04/29/2010
TS Number: 20080003123
ASAP Number: 3504500
Notice of Sale Amt: $0.00
Opening Bid Amt: $1,071,000.00
Sold Amt: $1,071,000.01

[UCGal]

Latest trustee sale from this area..

from fidelityasap.com
10007 WINECREST ROAD
Sale Status: Sold 04/29/2010
TS Number: 20080003123
ASAP Number: 3504500
Notice of Sale Amt: $0.00
Opening Bid Amt: $1,071,000.00
Sold Amt: $1,071,000.01

[UCGal]

Latest trustee sale from this area..

from fidelityasap.com
10007 WINECREST ROAD
Sale Status: Sold 04/29/2010
TS Number: 20080003123
ASAP Number: 3504500
Notice of Sale Amt: $0.00
Opening Bid Amt: $1,071,000.00
Sold Amt: $1,071,000.01

[UCGal]

Latest trustee sale from this area..

from fidelityasap.com
10007 WINECREST ROAD
Sale Status: Sold 04/29/2010
TS Number: 20080003123
ASAP Number: 3504500
Notice of Sale Amt: $0.00
Opening Bid Amt: $1,071,000.00
Sold Amt: $1,071,000.01

[Author]

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