Summertime

[cvwater]

I tried to post a poll to understand how many of you would buy a CV house right now if it is in a good condition and is at a price 5% below 2003’s assuming you have to buy in the next 5 years and can afford it for the life of 30 yr loan.

Anybody can help to post such poll with two options to choose: 1- yes buy now. 2- no, wait for another 6-24 months.

thanks

[moneymaker]

2 please

[moneymaker]

2 please

[moneymaker]

2 please

[moneymaker]

2 please

[moneymaker]

2 please

[sdduuuude]

But I wouldn’t buy based on those criteria. I would buy based on the sales rate, months of inventory, percent of sales that are REO, number of foreclosures on the market, number of foreclosures that have not yet hit the market, etc.

So, I don’t really care if it it is in good condition priced 5% below 2003’s level. I care if the price will it go lower or is it ready to come back up.

If this web site teaches you nothing else – learn not to look only at the price graph to help you determine if you should buy. Look at other underlying factors which affect prices.

[sdduuuude]

But I wouldn’t buy based on those criteria. I would buy based on the sales rate, months of inventory, percent of sales that are REO, number of foreclosures on the market, number of foreclosures that have not yet hit the market, etc.

So, I don’t really care if it it is in good condition priced 5% below 2003’s level. I care if the price will it go lower or is it ready to come back up.

If this web site teaches you nothing else – learn not to look only at the price graph to help you determine if you should buy. Look at other underlying factors which affect prices.

[sdduuuude]

But I wouldn’t buy based on those criteria. I would buy based on the sales rate, months of inventory, percent of sales that are REO, number of foreclosures on the market, number of foreclosures that have not yet hit the market, etc.

So, I don’t really care if it it is in good condition priced 5% below 2003’s level. I care if the price will it go lower or is it ready to come back up.

If this web site teaches you nothing else – learn not to look only at the price graph to help you determine if you should buy. Look at other underlying factors which affect prices.

[sdduuuude]

But I wouldn’t buy based on those criteria. I would buy based on the sales rate, months of inventory, percent of sales that are REO, number of foreclosures on the market, number of foreclosures that have not yet hit the market, etc.

So, I don’t really care if it it is in good condition priced 5% below 2003’s level. I care if the price will it go lower or is it ready to come back up.

If this web site teaches you nothing else – learn not to look only at the price graph to help you determine if you should buy. Look at other underlying factors which affect prices.

[sdduuuude]

But I wouldn’t buy based on those criteria. I would buy based on the sales rate, months of inventory, percent of sales that are REO, number of foreclosures on the market, number of foreclosures that have not yet hit the market, etc.

So, I don’t really care if it it is in good condition priced 5% below 2003’s level. I care if the price will it go lower or is it ready to come back up.

If this web site teaches you nothing else – learn not to look only at the price graph to help you determine if you should buy. Look at other underlying factors which affect prices.

[temeculaguy]

sdduuuude, I read your theory three times and I like it. You are onto something and with your permission I’m going to use “HS” as in my daily language. The repos are coming in real fast right now, this fall may be the last straw in many areas, next fall in the remainder, after that the bulk of the F.B.’s will have shaken out and the quality of loans began increasing a year or two ago and only good loans are entering the pipeline right now, which supports the 2010 at a tapering time. I’ll be watching and will raise my glass to the HS phase.

[temeculaguy]

sdduuuude, I read your theory three times and I like it. You are onto something and with your permission I’m going to use “HS” as in my daily language. The repos are coming in real fast right now, this fall may be the last straw in many areas, next fall in the remainder, after that the bulk of the F.B.’s will have shaken out and the quality of loans began increasing a year or two ago and only good loans are entering the pipeline right now, which supports the 2010 at a tapering time. I’ll be watching and will raise my glass to the HS phase.

[temeculaguy]

sdduuuude, I read your theory three times and I like it. You are onto something and with your permission I’m going to use “HS” as in my daily language. The repos are coming in real fast right now, this fall may be the last straw in many areas, next fall in the remainder, after that the bulk of the F.B.’s will have shaken out and the quality of loans began increasing a year or two ago and only good loans are entering the pipeline right now, which supports the 2010 at a tapering time. I’ll be watching and will raise my glass to the HS phase.

[temeculaguy]

sdduuuude, I read your theory three times and I like it. You are onto something and with your permission I’m going to use “HS” as in my daily language. The repos are coming in real fast right now, this fall may be the last straw in many areas, next fall in the remainder, after that the bulk of the F.B.’s will have shaken out and the quality of loans began increasing a year or two ago and only good loans are entering the pipeline right now, which supports the 2010 at a tapering time. I’ll be watching and will raise my glass to the HS phase.

[Author]

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