[an]

[quote=flu]Imho this is going to be lesser of an issue moving forward…With a weakened U.S. dollar and predicted shortages of people not entering this profession in the U.S., the demand will be there, since “outsourcing” isn’t necessarily going to be on cost moving forward.[/quote]
I totally agree with this.

[an]

[quote=flu]Imho this is going to be lesser of an issue moving forward…With a weakened U.S. dollar and predicted shortages of people not entering this profession in the U.S., the demand will be there, since “outsourcing” isn’t necessarily going to be on cost moving forward.[/quote]
I totally agree with this.

[an]

[quote=sdrealtor]Ironically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.

sdr for US Finance Czar!![/quote]
I’ll vote for you 🙂

[an]

[quote=sdrealtor]Ironically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.

sdr for US Finance Czar!![/quote]
I’ll vote for you 🙂

[an]

[quote=sdrealtor]Ironically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.

sdr for US Finance Czar!![/quote]
I’ll vote for you 🙂

[an]

[quote=sdrealtor]Ironically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.

sdr for US Finance Czar!![/quote]
I’ll vote for you 🙂

[an]

[quote=sdrealtor]Ironically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.

sdr for US Finance Czar!![/quote]
I’ll vote for you 🙂

[an]

[quote=maybe]Electrical Eng: It is hard to go wrong with EE. They are always in demand, but it may be a little too abstract for a kid who likes to touch things. Math is life and death in this field– if you can’t do it, you die.[/quote]
I can personally vouch for this statement. But the demand is much less than CS. Out of the handful of EE friends that I still keep in touch with, only 2 are doing EE related work. One is doing PM (Project Management) and 5 are doing CS work.

[an]

[quote=maybe]Electrical Eng: It is hard to go wrong with EE. They are always in demand, but it may be a little too abstract for a kid who likes to touch things. Math is life and death in this field– if you can’t do it, you die.[/quote]
I can personally vouch for this statement. But the demand is much less than CS. Out of the handful of EE friends that I still keep in touch with, only 2 are doing EE related work. One is doing PM (Project Management) and 5 are doing CS work.

[an]

[quote=maybe]Electrical Eng: It is hard to go wrong with EE. They are always in demand, but it may be a little too abstract for a kid who likes to touch things. Math is life and death in this field– if you can’t do it, you die.[/quote]
I can personally vouch for this statement. But the demand is much less than CS. Out of the handful of EE friends that I still keep in touch with, only 2 are doing EE related work. One is doing PM (Project Management) and 5 are doing CS work.

[an]

[quote=maybe]Electrical Eng: It is hard to go wrong with EE. They are always in demand, but it may be a little too abstract for a kid who likes to touch things. Math is life and death in this field– if you can’t do it, you die.[/quote]
I can personally vouch for this statement. But the demand is much less than CS. Out of the handful of EE friends that I still keep in touch with, only 2 are doing EE related work. One is doing PM (Project Management) and 5 are doing CS work.

[an]

[quote=maybe]Electrical Eng: It is hard to go wrong with EE. They are always in demand, but it may be a little too abstract for a kid who likes to touch things. Math is life and death in this field– if you can’t do it, you die.[/quote]
I can personally vouch for this statement. But the demand is much less than CS. Out of the handful of EE friends that I still keep in touch with, only 2 are doing EE related work. One is doing PM (Project Management) and 5 are doing CS work.

[an]

[quote=CA renter]Like Domo said, I think a lot of the govt-backed buyers can’t get through fast enough. The good deals go VERY quickly to professional flippers with cash. It’s probably not because they are the only ones willing to buy these properties, but that they are the only ones who have the time and ability to get no-nonsense offers in quickly.

It’s also probably because professional flippers don’t worry about lowballing or “offending” sellers. They will offer what they think the property is worth, and the seller can either take it or leave it. That’s why they get the lower priced homes — they ask for it.[/quote]
What you two are saying is basically describing what I initially said, which is under the ideal condition, yes, the method of payment should not matter. But in reality, it does matter.

One other thing, I don’t have data behind this claim, but I’m pretty sure there are much more buyers who can’t/won’t buy fixer than all cash buyers who don’t want to buy turn key homes. If this is true, and I think it is, then this is the supply/demand I’m talking about. Demand for turn key homes are higher than demand for fixer. Today, supply for fixer is higher than turn key homes because of the high ratio of foreclosures/SS vs equity sales. There is a reason why appraisers are adding $ on top of the sold price of a SS and foreclosure sale when they use them as comps.

[an]

[quote=CA renter]Like Domo said, I think a lot of the govt-backed buyers can’t get through fast enough. The good deals go VERY quickly to professional flippers with cash. It’s probably not because they are the only ones willing to buy these properties, but that they are the only ones who have the time and ability to get no-nonsense offers in quickly.

It’s also probably because professional flippers don’t worry about lowballing or “offending” sellers. They will offer what they think the property is worth, and the seller can either take it or leave it. That’s why they get the lower priced homes — they ask for it.[/quote]
What you two are saying is basically describing what I initially said, which is under the ideal condition, yes, the method of payment should not matter. But in reality, it does matter.

One other thing, I don’t have data behind this claim, but I’m pretty sure there are much more buyers who can’t/won’t buy fixer than all cash buyers who don’t want to buy turn key homes. If this is true, and I think it is, then this is the supply/demand I’m talking about. Demand for turn key homes are higher than demand for fixer. Today, supply for fixer is higher than turn key homes because of the high ratio of foreclosures/SS vs equity sales. There is a reason why appraisers are adding $ on top of the sold price of a SS and foreclosure sale when they use them as comps.

[an]

[quote=CA renter]Like Domo said, I think a lot of the govt-backed buyers can’t get through fast enough. The good deals go VERY quickly to professional flippers with cash. It’s probably not because they are the only ones willing to buy these properties, but that they are the only ones who have the time and ability to get no-nonsense offers in quickly.

It’s also probably because professional flippers don’t worry about lowballing or “offending” sellers. They will offer what they think the property is worth, and the seller can either take it or leave it. That’s why they get the lower priced homes — they ask for it.[/quote]
What you two are saying is basically describing what I initially said, which is under the ideal condition, yes, the method of payment should not matter. But in reality, it does matter.

One other thing, I don’t have data behind this claim, but I’m pretty sure there are much more buyers who can’t/won’t buy fixer than all cash buyers who don’t want to buy turn key homes. If this is true, and I think it is, then this is the supply/demand I’m talking about. Demand for turn key homes are higher than demand for fixer. Today, supply for fixer is higher than turn key homes because of the high ratio of foreclosures/SS vs equity sales. There is a reason why appraisers are adding $ on top of the sold price of a SS and foreclosure sale when they use them as comps.

[Author]

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