Revenge of Nostradumbass: REO auction San Diego from WSJ.

[temeculaguy]

Thank goodness, my pain train theory was in jepardy and as always, it’s all about me. I was starting to think that S.D. r/e was never going to unwind. Up here I find 20-25% off peak all over and every week it lunges downward (the three car garage monitor is gaining 10% a week), yet every post I see in S.D. it resembles another country, barely translating the headlines into nominal prices. Plus JWM has been getting increasingly impatient with the home team. I need all these S.D. transplants off waiting hawk’s island and off my freeways, as soon as they can buy houses in S.D. again I’ll be able to use the freeway, be gone I say.

[stansd]

http://online.wsj.com/article/SB118758059074702618.html?mod=hps_us_whats_news

Stan

[stansd]

http://online.wsj.com/article/SB118758059074702618.html?mod=hps_us_whats_news

Stan

[stansd]

http://online.wsj.com/article/SB118758059074702618.html?mod=hps_us_whats_news

Stan

[lendingbubblecontinues]

JWM–Nice thread to start the week with! By the way- I am so thankful sdrealtor coined the name “Nostradumbass”…makes me chuckle every time I see it.

[lendingbubblecontinues]

JWM–Nice thread to start the week with! By the way- I am so thankful sdrealtor coined the name “Nostradumbass”…makes me chuckle every time I see it.

[lendingbubblecontinues]

JWM–Nice thread to start the week with! By the way- I am so thankful sdrealtor coined the name “Nostradumbass”…makes me chuckle every time I see it.

[kewp]

Hey banks, you want liquidity?

Stop begging for a handout from the Fed. Get it the old fashioned way, liquidate your REO assets!

[kewp]

Hey banks, you want liquidity?

Stop begging for a handout from the Fed. Get it the old fashioned way, liquidate your REO assets!

[kewp]

Hey banks, you want liquidity?

Stop begging for a handout from the Fed. Get it the old fashioned way, liquidate your REO assets!

[sdduuuude]

Can you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.

I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.

[sdduuuude]

Can you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.

I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.

[sdduuuude]

Can you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.

I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.

[davelj]

“A certain S&P 500 thread I know comes to mind.” Bwhahahaha… Hey, anyone know what PS is up to? How’s her site doing? I visited it once several months back but forgot what it’s called… Californiasomethingorother…

[davelj]

“A certain S&P 500 thread I know comes to mind.” Bwhahahaha… Hey, anyone know what PS is up to? How’s her site doing? I visited it once several months back but forgot what it’s called… Californiasomethingorother…

[Author]

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