- This topic has 185 replies, 27 voices, and was last updated 16 years, 4 months ago by sdrealtor.
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January 21, 2008 at 11:35 AM #140058January 21, 2008 at 12:01 PM #139763Running BearParticipant
I just don’t understand the logic of trying to put a % on the drop and timing the bottom. Are you looking at all of the Macro Economic stuff going on right now? No one has a clue at how big this thing will be until it is passed. If you think the housing market is going to hit some magical “bottom” and then leap back up to current levels please go post on a Realtor forum. To those waiting to jump into a house and time the bottom, if you want to throw your money away fine, that is your choice, but this housing market is going down and when it bottoms it will stay there for awhile. All of the instruments and conditions that facilitated this irrational rise are gone and won’t be there waiting at the bottom. Be happy you aren’t a home owner for this and start building up your nest egg. At the bottom having cash will be king.
My2Cents
January 21, 2008 at 12:01 PM #139979Running BearParticipantI just don’t understand the logic of trying to put a % on the drop and timing the bottom. Are you looking at all of the Macro Economic stuff going on right now? No one has a clue at how big this thing will be until it is passed. If you think the housing market is going to hit some magical “bottom” and then leap back up to current levels please go post on a Realtor forum. To those waiting to jump into a house and time the bottom, if you want to throw your money away fine, that is your choice, but this housing market is going down and when it bottoms it will stay there for awhile. All of the instruments and conditions that facilitated this irrational rise are gone and won’t be there waiting at the bottom. Be happy you aren’t a home owner for this and start building up your nest egg. At the bottom having cash will be king.
My2Cents
January 21, 2008 at 12:01 PM #140000Running BearParticipantI just don’t understand the logic of trying to put a % on the drop and timing the bottom. Are you looking at all of the Macro Economic stuff going on right now? No one has a clue at how big this thing will be until it is passed. If you think the housing market is going to hit some magical “bottom” and then leap back up to current levels please go post on a Realtor forum. To those waiting to jump into a house and time the bottom, if you want to throw your money away fine, that is your choice, but this housing market is going down and when it bottoms it will stay there for awhile. All of the instruments and conditions that facilitated this irrational rise are gone and won’t be there waiting at the bottom. Be happy you aren’t a home owner for this and start building up your nest egg. At the bottom having cash will be king.
My2Cents
January 21, 2008 at 12:01 PM #140029Running BearParticipantI just don’t understand the logic of trying to put a % on the drop and timing the bottom. Are you looking at all of the Macro Economic stuff going on right now? No one has a clue at how big this thing will be until it is passed. If you think the housing market is going to hit some magical “bottom” and then leap back up to current levels please go post on a Realtor forum. To those waiting to jump into a house and time the bottom, if you want to throw your money away fine, that is your choice, but this housing market is going down and when it bottoms it will stay there for awhile. All of the instruments and conditions that facilitated this irrational rise are gone and won’t be there waiting at the bottom. Be happy you aren’t a home owner for this and start building up your nest egg. At the bottom having cash will be king.
My2Cents
January 21, 2008 at 12:01 PM #140073Running BearParticipantI just don’t understand the logic of trying to put a % on the drop and timing the bottom. Are you looking at all of the Macro Economic stuff going on right now? No one has a clue at how big this thing will be until it is passed. If you think the housing market is going to hit some magical “bottom” and then leap back up to current levels please go post on a Realtor forum. To those waiting to jump into a house and time the bottom, if you want to throw your money away fine, that is your choice, but this housing market is going down and when it bottoms it will stay there for awhile. All of the instruments and conditions that facilitated this irrational rise are gone and won’t be there waiting at the bottom. Be happy you aren’t a home owner for this and start building up your nest egg. At the bottom having cash will be king.
My2Cents
January 21, 2008 at 12:04 PM #139768HereWeGoParticipantI suspect you’re correct, bugs. I have a feeling the 420K and up market will be much, much smaller when we near the bottom.
January 21, 2008 at 12:04 PM #139984HereWeGoParticipantI suspect you’re correct, bugs. I have a feeling the 420K and up market will be much, much smaller when we near the bottom.
January 21, 2008 at 12:04 PM #140005HereWeGoParticipantI suspect you’re correct, bugs. I have a feeling the 420K and up market will be much, much smaller when we near the bottom.
January 21, 2008 at 12:04 PM #140034HereWeGoParticipantI suspect you’re correct, bugs. I have a feeling the 420K and up market will be much, much smaller when we near the bottom.
January 21, 2008 at 12:04 PM #140076HereWeGoParticipantI suspect you’re correct, bugs. I have a feeling the 420K and up market will be much, much smaller when we near the bottom.
January 21, 2008 at 12:08 PM #139783La Jolla RenterParticipantschizo2buyORnot,
Your “shaky” prediction is noted. The odds are not in your favor.
You are 100% right about pent up demand.
You are 100% wrong thinking that pent up demand out numbers the people who want to get the hell out or will be financially forced out.
January 21, 2008 at 12:08 PM #139997La Jolla RenterParticipantschizo2buyORnot,
Your “shaky” prediction is noted. The odds are not in your favor.
You are 100% right about pent up demand.
You are 100% wrong thinking that pent up demand out numbers the people who want to get the hell out or will be financially forced out.
January 21, 2008 at 12:08 PM #140020La Jolla RenterParticipantschizo2buyORnot,
Your “shaky” prediction is noted. The odds are not in your favor.
You are 100% right about pent up demand.
You are 100% wrong thinking that pent up demand out numbers the people who want to get the hell out or will be financially forced out.
January 21, 2008 at 12:08 PM #140049La Jolla RenterParticipantschizo2buyORnot,
Your “shaky” prediction is noted. The odds are not in your favor.
You are 100% right about pent up demand.
You are 100% wrong thinking that pent up demand out numbers the people who want to get the hell out or will be financially forced out.
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