Loony Buyers

[(former)FormerSanDiegan]

Alex_angel – I beg to differ. My next crap is in 5 … 4 …3 …2 …1 .. ^&%#&$
.. ahh, much better.

Sorry I didn’t make millions in the run-up. Only about half a mil because I’m conservative with money … I guess it paid off to sit on my couch drinking beer.

P.S. – This Web access thing on my phone is awesome. I can read Piggington in the most interesting places. One problem though is where do I set the phone down when I wipe, flush and wash my hands.

[NotCranky]

Alex you are being contrarian in the face of the fact we are nearing a point where half the weight or said predictions is past history,already came true. Now on the other hand there are some real broken records here who believe whatever they think will come true…they seem like they think they can bend the market with their own will. They can’t, but there is at least some chance things play out more or less in line with what they are saying.Definately they will get some of what they are predicting. Your case is a lost cause.

Now why don’t you start with a clean slate? The market is hosed, it could get better or worse in a manner more or less according to your opinions, or those of another blogger. Get back on track Alex.

[NotCranky]

Alex you are being contrarian in the face of the fact we are nearing a point where half the weight or said predictions is past history,already came true. Now on the other hand there are some real broken records here who believe whatever they think will come true…they seem like they think they can bend the market with their own will. They can’t, but there is at least some chance things play out more or less in line with what they are saying.Definately they will get some of what they are predicting. Your case is a lost cause.

Now why don’t you start with a clean slate? The market is hosed, it could get better or worse in a manner more or less according to your opinions, or those of another blogger. Get back on track Alex.

[NotCranky]

Alex you are being contrarian in the face of the fact we are nearing a point where half the weight or said predictions is past history,already came true. Now on the other hand there are some real broken records here who believe whatever they think will come true…they seem like they think they can bend the market with their own will. They can’t, but there is at least some chance things play out more or less in line with what they are saying.Definately they will get some of what they are predicting. Your case is a lost cause.

Now why don’t you start with a clean slate? The market is hosed, it could get better or worse in a manner more or less according to your opinions, or those of another blogger. Get back on track Alex.

[NotCranky]

Alex you are being contrarian in the face of the fact we are nearing a point where half the weight or said predictions is past history,already came true. Now on the other hand there are some real broken records here who believe whatever they think will come true…they seem like they think they can bend the market with their own will. They can’t, but there is at least some chance things play out more or less in line with what they are saying.Definately they will get some of what they are predicting. Your case is a lost cause.

Now why don’t you start with a clean slate? The market is hosed, it could get better or worse in a manner more or less according to your opinions, or those of another blogger. Get back on track Alex.

[NotCranky]

Alex you are being contrarian in the face of the fact we are nearing a point where half the weight or said predictions is past history,already came true. Now on the other hand there are some real broken records here who believe whatever they think will come true…they seem like they think they can bend the market with their own will. They can’t, but there is at least some chance things play out more or less in line with what they are saying.Definately they will get some of what they are predicting. Your case is a lost cause.

Now why don’t you start with a clean slate? The market is hosed, it could get better or worse in a manner more or less according to your opinions, or those of another blogger. Get back on track Alex.

[HLS]

FSD, I just got back from flushing (and washing my hands)

Alex, what you and many others don’t seem to understand is that this whole circus was TOTALLY predictable, and some of us DID see it coming.

Having been in the market years ago, with multiple properties and selling out long before or near the top qualifies.

Like FSD, I coulda made lots more, but was conservative.
I learned & profited from the 90’s and wasn’t going to get caught with my pants down this time. You were probably in diapers.

With the next wave of ARM resets still coming AND THEN the wave of neg am resets, there are two other shoes yet to fall.

Keep your eye on CNBC etc, and watch the “experts” say that they didn’t see this coming. They have said it in 2007 and will be saying it in 2008, and in 2009 and maybe still in 2010.

When you get a few years of life experience behind you, maybe your comments will become a little more useful, but I’m not going to count on it.

[HLS]

FSD, I just got back from flushing (and washing my hands)

Alex, what you and many others don’t seem to understand is that this whole circus was TOTALLY predictable, and some of us DID see it coming.

Having been in the market years ago, with multiple properties and selling out long before or near the top qualifies.

Like FSD, I coulda made lots more, but was conservative.
I learned & profited from the 90’s and wasn’t going to get caught with my pants down this time. You were probably in diapers.

With the next wave of ARM resets still coming AND THEN the wave of neg am resets, there are two other shoes yet to fall.

Keep your eye on CNBC etc, and watch the “experts” say that they didn’t see this coming. They have said it in 2007 and will be saying it in 2008, and in 2009 and maybe still in 2010.

When you get a few years of life experience behind you, maybe your comments will become a little more useful, but I’m not going to count on it.

[HLS]

FSD, I just got back from flushing (and washing my hands)

Alex, what you and many others don’t seem to understand is that this whole circus was TOTALLY predictable, and some of us DID see it coming.

Having been in the market years ago, with multiple properties and selling out long before or near the top qualifies.

Like FSD, I coulda made lots more, but was conservative.
I learned & profited from the 90’s and wasn’t going to get caught with my pants down this time. You were probably in diapers.

With the next wave of ARM resets still coming AND THEN the wave of neg am resets, there are two other shoes yet to fall.

Keep your eye on CNBC etc, and watch the “experts” say that they didn’t see this coming. They have said it in 2007 and will be saying it in 2008, and in 2009 and maybe still in 2010.

When you get a few years of life experience behind you, maybe your comments will become a little more useful, but I’m not going to count on it.

[HLS]

FSD, I just got back from flushing (and washing my hands)

Alex, what you and many others don’t seem to understand is that this whole circus was TOTALLY predictable, and some of us DID see it coming.

Having been in the market years ago, with multiple properties and selling out long before or near the top qualifies.

Like FSD, I coulda made lots more, but was conservative.
I learned & profited from the 90’s and wasn’t going to get caught with my pants down this time. You were probably in diapers.

With the next wave of ARM resets still coming AND THEN the wave of neg am resets, there are two other shoes yet to fall.

Keep your eye on CNBC etc, and watch the “experts” say that they didn’t see this coming. They have said it in 2007 and will be saying it in 2008, and in 2009 and maybe still in 2010.

When you get a few years of life experience behind you, maybe your comments will become a little more useful, but I’m not going to count on it.

[HLS]

FSD, I just got back from flushing (and washing my hands)

Alex, what you and many others don’t seem to understand is that this whole circus was TOTALLY predictable, and some of us DID see it coming.

Having been in the market years ago, with multiple properties and selling out long before or near the top qualifies.

Like FSD, I coulda made lots more, but was conservative.
I learned & profited from the 90’s and wasn’t going to get caught with my pants down this time. You were probably in diapers.

With the next wave of ARM resets still coming AND THEN the wave of neg am resets, there are two other shoes yet to fall.

Keep your eye on CNBC etc, and watch the “experts” say that they didn’t see this coming. They have said it in 2007 and will be saying it in 2008, and in 2009 and maybe still in 2010.

When you get a few years of life experience behind you, maybe your comments will become a little more useful, but I’m not going to count on it.

[cyphire]

Hi Rustico, et al.

Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.

Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…

I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.

I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.

Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.

[cyphire]

Hi Rustico, et al.

Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.

Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…

I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.

I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.

Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.

[cyphire]

Hi Rustico, et al.

Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.

Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…

I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.

I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.

Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.

[cyphire]

Hi Rustico, et al.

Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.

Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…

I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.

I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.

Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.

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