Missimg Person “Poway Seller”

[farbet]

Haven’t heard from PS lately.Are you in Hibernation?
The Stock Market is being jolyed by bad housing news and Leerah is spinning his wheels.

[renterclint]

Hey,

I’ve actually seen some PS comments here & there. They are very short. I wouldn’t blame her if she has cut back b/c all the flack she gets around here. I do miss some of her threads – didn’t always agree, but at least she had an entertaining delivery.

Does anyone know the address to her new website?

[sdduuuude]

SP500DroppingTo600BySpring07.com

[sdrealtor]

It appears that the January 1st launch of her new venture has come and gone. Wouldn’t be surprised if she found a better way to spend her time/money than on a business model that has proven next to impossible to execute successfuly. Either way, I hope she’s doing OK.

[qcomer]

Small correction. Stock market is getting beaten in last 2 weeks because of “good housing” news not bad. The beating started when yield curve broke through its 200 dma at 4.85 and reversed predictions from rate cuts to a possible rate hike this year. The fear of a rate hike is hitting the markets just like in May 2006.

[SD Realtor]

Powayseller is doing well and I keep in touch with her via email.

[woodrow]

Looks like Powayseller lives – she’s been spotted spamming the “Other Bubble Bloggers” section with 5 links to her review of “In Debt We Trust”. I guess the spam works, as I visited her site. Looks like a ghost town, with hardly any free content and no discussion in her forums.

Rich, Jim Klinge, and dozens of other bloggers do a fantastic job covering the San Diego Market with more information than you could ever use for free, but Powayseller thinks her insights are worth $25 a quarter? Talk about misreading markets.

[barnaby33]

Lots of harsh comments here, how about cutting her a bit of slack? I didn’t always agree with her either, but at least she is putting her money where her mouth is.

Josh

[sdappraiser]

Kinda ironic in my view.. she’s hawking SD Realtor’s listings on the bottom of her page. Would that be considered a sell-out on a R/E bubble blog?

[woodrow]

Lots of harsh comments here, how about cutting her a bit of slack?

She never cut anyone else any slack – why should we wear kiddie gloves with her?

We poke fun at people who think they are geniuses for buying a home in SD and riding the equity wave during the boom – why treat those who sold at the peak and then consider themselves brilliant any different?

[farbet]

When people charge a fee .. Beware. I visited her site once and never went back. Its too hi falutin for me. We need the facts maam nothin but the facts.
She is in to make money. What a shame PS!!

[SD Realtor]

SDAppraiser –

She called me and asked me if she could put one of my listings on her site to which I said yes. There are other listings she has on her site as well but you didn’t care to mention that. I also have my listings on other sites besides mine and hers. However you didn’t care to mention that either.

SD Realtor

[sdappraiser]

SD Realtor,

Why would I mention any of that? I don’t go around the net specifically looking for your ads and I didn’t see any other ads as prominate as yours on her site. I wasn’t calling you a sell out if that’s how it came across.

My point was, it’s amazing she is advertising real estate listings in a market she believes to be overpriced. She’s been recommending everyone to sell their house and rent to avoid financial ruin. If she is helping out a friend (you) that’s one thing. If she is getting paid for it, it’s entirely another – and should probably be disclosed on the ad (paid/unpaid). She used to preach full disclosure (unless it was her business).

[woodrow]

More spam from Powayseller – 4 duplicate links to an article in the “pay” section of her website.

I wonder how long Rich will allow this to go on? I don’t like having all of the other bubble blog links being pushed off of the page so that Powayseller can get 4 links to her pay content up there. Why do we care about links to pay sites anyway?

[powayseller]

Sorry about the 4 posts…there’s a bug in squarespace so often my entries are posted 5-7 times. I always erase them, but left it up this time so the administrators could see the bug.

While I sold my house and don’t think anyone should buy now, the fact is, lots of people are still buying. Several of these buyers are posting on piggington about their purchase. Some people cannot be talked out of buying. My philosophy is: if you can’t be talked out of buying, get all the information you can and work with a good realtor. But if you avoid it, don’t buy now.

SD Realtor did not pay me to put his listing on my site. I approached him. I asked him if he had any listings I could put up for my “Neighborhood Focus” series. The purpose is to feature a different San Diego neighborhood each month, so we can all learn about this city, and where we might want to buy someday. Last month, I featured a house in Eastlake.

Mine is a housing analysis and commentary website. I love San Diego, I love real estate, and I like good realtors. My mission is to educate.

I stay in contact with realtors. I absolutely need to keep a good rapport with realtors for my work. How can I know what is going on in the housing market just from looking at data? The reason I offer so many exclusives on my site, is precisely because I talk to lots of realtors, so I can understand what is going on. I am the only person who has San Diego inventory, who explained why foreclosures are a lagging indicator, why prices are not falling now. I didn’t get any of that from sitting at my desk, but by being out in the field, talking with people.

Now I am working on the employment data for Southern CA, which I have not seen posted anywhere yet. Alan Gin made an incorrect remark in the UT about falling retail; I am going to correct him. He did not account for the seasonal Dec-Jan decline in home furnishing retailers.

Of course I am going to charge for that. I am grateful for the support, and the people who have signed up for the premium content. As more people have signed up, I feel more of an obligation to give them their money’s worth, so there is more premium content lately.

Interesting fellow, this woodrow, who seeks to destroy and belittle, rather than raise the discourse of the housing and economic discussion. If anyone were to be eliminated from the blogs, it should be the woodrows, whose belittling comments taint the entire blog. Roubini now has a login requirement, because he was getting so many low quality posts, of the type just discussed.

SDAppraiser, I think you are way out of line. The realtors how post here give us the insider view on what is going on. If they stopped selling houses as you suggest, then the entire market would come to a standstill, no seller could sell their house, and none of us would have the benefit of knowing what is going on in the market. Just because you and I don’t want to buy, doesn’t mean that everyone is going to listen to us.

Several realtors have told me they almost begged their buyers to wait for a while to buy… but the wife just HAD to have a house. In one case, the couple went to another realtor because they were tired of the good realtor telling them to wait. In another case, the wife HAD to have the house as soon as they moved here; they refused to live in the rental the realtor had arranged for them. They did not want to live here for 6 months to get to know the area, take their time. Yet, some readers here are saying the realtor is a bad person for pushing them into a house?

Everything I have been writing about is now starting to happen. The housing decline, the recession, the stock market correction, the lender fallouts, the credit crunch…. Come see me over at CaliforniaHousingForecast.com.

[Author]

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