SEH Still on Fire – Bottom?

[(former)FormerSanDiegan]

There is only pent-up demand because the majority of sellers are still in denial. Once they capitulate en-masse those willing buyers will dry up fast!

So, you are suggesting that once sellers capitulate and lower their prices this will reduce the pool of willing buyers ?

Seems counter to some basic economic principles I thought I had once learned.

Or maybe what you meant was that the few who want to buy will buy at somewhat lower prices exhausting the buyer pool ?

[farbet]

Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog

http://bubbletracking.blogspot.com/search/label/San%20Elijo%20Hills

[farbet]

Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog

http://bubbletracking.blogspot.com/search/label/San%20Elijo%20Hills

[farbet]

Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog

http://bubbletracking.blogspot.com/search/label/San%20Elijo%20Hills

[farbet]

Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog

http://bubbletracking.blogspot.com/search/label/San%20Elijo%20Hills

[farbet]

Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog

http://bubbletracking.blogspot.com/search/label/San%20Elijo%20Hills

[SDEngineer]

Based on the fundamentals of price to rent ratio and price to median income ratios, isn’t it more likely to be a “dead cat bounce” phase rather than the bottom?

I know a lot of Piggs last year were predicting a spring “dead cat bounce” for the market this year – and that also follows a trend in past bubble deflations.

[SDEngineer]

Based on the fundamentals of price to rent ratio and price to median income ratios, isn’t it more likely to be a “dead cat bounce” phase rather than the bottom?

I know a lot of Piggs last year were predicting a spring “dead cat bounce” for the market this year – and that also follows a trend in past bubble deflations.

[SDEngineer]

Based on the fundamentals of price to rent ratio and price to median income ratios, isn’t it more likely to be a “dead cat bounce” phase rather than the bottom?

I know a lot of Piggs last year were predicting a spring “dead cat bounce” for the market this year – and that also follows a trend in past bubble deflations.

[SDEngineer]

Based on the fundamentals of price to rent ratio and price to median income ratios, isn’t it more likely to be a “dead cat bounce” phase rather than the bottom?

I know a lot of Piggs last year were predicting a spring “dead cat bounce” for the market this year – and that also follows a trend in past bubble deflations.

[SDEngineer]

Based on the fundamentals of price to rent ratio and price to median income ratios, isn’t it more likely to be a “dead cat bounce” phase rather than the bottom?

I know a lot of Piggs last year were predicting a spring “dead cat bounce” for the market this year – and that also follows a trend in past bubble deflations.

[sdduuuude]

FSD:

I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.

Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.

[sdduuuude]

FSD:

I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.

Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.

[sdduuuude]

FSD:

I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.

Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.

[sdduuuude]

FSD:

I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.

Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.

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