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jpinpb.
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January 14, 2008 at 9:30 PM #136129January 14, 2008 at 9:30 PM #136162
kewp
ParticipantI’ve posted this before, but I feel it bears repeating…
When home prices start appreciating again, the bottom just passed.
I personally think that due to the magnitude of the bubble and the ensuing economic fallout it will be more severe then any previous downturn.
January 14, 2008 at 9:30 PM #136189ParticipantI’ve posted this before, but I feel it bears repeating…
When home prices start appreciating again, the bottom just passed.
I personally think that due to the magnitude of the bubble and the ensuing economic fallout it will be more severe then any previous downturn.
January 14, 2008 at 9:30 PM #136231ParticipantI’ve posted this before, but I feel it bears repeating…
When home prices start appreciating again, the bottom just passed.
I personally think that due to the magnitude of the bubble and the ensuing economic fallout it will be more severe then any previous downturn.
January 14, 2008 at 9:42 PM #135940Deserted
ParticipantThe top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
January 14, 2008 at 9:42 PM #136139ParticipantThe top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
January 14, 2008 at 9:42 PM #136172ParticipantThe top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
January 14, 2008 at 9:42 PM #136199ParticipantThe top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
January 14, 2008 at 9:42 PM #136241ParticipantThe top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
January 14, 2008 at 9:58 PM #135964sdduuuude
ParticipantIt will look like “water, water everywhere, but not a drop to drink.”
Prices will be low, but even though the extrememly tight credit markets of the last couple years have started to loosen up, you will have difficulty scraping together a down payment and qualifying for the loan you want.
People “in the know” will say sharp things like “cash is king, baby.”
P.S. Nice post, contrarian. #3 is a classic.
January 14, 2008 at 9:58 PM #136164ParticipantIt will look like “water, water everywhere, but not a drop to drink.”
Prices will be low, but even though the extrememly tight credit markets of the last couple years have started to loosen up, you will have difficulty scraping together a down payment and qualifying for the loan you want.
People “in the know” will say sharp things like “cash is king, baby.”
P.S. Nice post, contrarian. #3 is a classic.
January 14, 2008 at 9:58 PM #136197ParticipantIt will look like “water, water everywhere, but not a drop to drink.”
Prices will be low, but even though the extrememly tight credit markets of the last couple years have started to loosen up, you will have difficulty scraping together a down payment and qualifying for the loan you want.
People “in the know” will say sharp things like “cash is king, baby.”
P.S. Nice post, contrarian. #3 is a classic.
January 14, 2008 at 9:58 PM #136223ParticipantIt will look like “water, water everywhere, but not a drop to drink.”
Prices will be low, but even though the extrememly tight credit markets of the last couple years have started to loosen up, you will have difficulty scraping together a down payment and qualifying for the loan you want.
People “in the know” will say sharp things like “cash is king, baby.”
P.S. Nice post, contrarian. #3 is a classic.
January 14, 2008 at 9:58 PM #136266ParticipantIt will look like “water, water everywhere, but not a drop to drink.”
Prices will be low, but even though the extrememly tight credit markets of the last couple years have started to loosen up, you will have difficulty scraping together a down payment and qualifying for the loan you want.
People “in the know” will say sharp things like “cash is king, baby.”
P.S. Nice post, contrarian. #3 is a classic.
January 14, 2008 at 10:36 PM #135998little lady
Participant“Did anyone say “wow housing is a great buy, I think we should buy”? ”
3things I kinda remember:
1) News shows commenting on early 90’s being a buyers market
alot2) People you would talk to would comment on how it was cheeper to buy than rent
3)My brother bought his first house in ’89
My brother bought 2 in ’05! When he buys, I am thinkin’ sell sell sell!
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