[barnaby33]

As long as they have granite countertops and travertine floors! No laundry in unit though.

Josh

[barnaby33]

Instead of sounding quit so confrontational, how about just asking him to clarify. Then if he doesn’t you can be more forceful in your call-outs. You appear to be a relatively new poster. Bugs has been active and posting for quite some time.

Josh

[barnaby33]

Ultimately nobody knows for certain. All things being considered and otherwise equal, fat people use more soap. I feel so confident about the overall trend of where we are heading I can fill my post with total non-sequiturs.

I saw your post on that on the other thread and rather than continue it there, I would do so here.

How many other realtors do you talk to on a regular basis from which you could get such a frank assessment of the situation?

Since often appearances can be deceiving what in your personal experience would make you think that a seller was just testing and if so why would you or wouldn’t you take the listing?

What really interests me and seems even harder to know is, how many who are just testing now will be forced to sell in the next few years? There is so much Nimby-ism about the state of the market it seems like nobody except those with an IO/ARM realize the precariousness of their position.

Josh

[barnaby33]

Here you go, it wasn’t vitriolic or anything:

Maybe it takes an explicit posting, prices are going down. Not quickly yet, but they will. Why clog CL with overpriced stuff that isn’t going to sell. Today’s market has alot less buyers and even assuming they were willing to pay yesteryears prices (they aren’t,) interest rate hikes make that impossible.

Maybe your realtor hasn’t told you. Maybe you didn’t listen. Why on earth would you want to chase down the market, start lowering prices to beat your competition. Inventory ain’t going down any time soon.

Its going to be a bumpy ride to 1999 per square foot pricing, but thats where we’ll end up.
Josh

[barnaby33]

Drat I posted the wrong link, unless that is you wanted to add comments to it, here is the correct one:

http://sandiego.craigslist.org/rfs/173688709.html

Josh

[barnaby33]

This is a good idea, keep it up!

Josh

[barnaby33]

No-doc loans for everyone!

Josh

[barnaby33]

I assumed it was along those lines. Its just that and correct me if you think I am wrong, real estate is seriously over valued, especially in SoCal. making the numbers work, especially on a large scale would seem pretty tough at this point. In a year or two your post would make a huge amount of sense. I don’t have any leads for you, except to say that Maisal Presley a developer of condo conversions seems to have alot of units for sale in my area. They seem to concentrate on conversions of older apt buildings. They have two alone on my street (florida) in the 92104 area code.

Josh

[barnaby33]

22086 Per zip realty at 11:30 am.

Josh

[barnaby33]

Its my understanding that building doesn’t really slow down for a year or so until after the shit hits the fan. People finishing re-models or finishing up units they are already committed to. You might start the permitting process in 07, but if you can wait on construction it would probably behoove you to do so until you see quality contractors working at HD again(ie 1995). Then its time to build.

Josh

[barnaby33]

To coin a phrase, “You betcha!” Wouldn’t we all like to see which emperor has no clothes. Of course, they probably wouldn’t like that. Just as a matter of curiousity, if you are a bear 100%, why would you be looking to buy right now? In a macro sense the numbers just don’t seem right and if you are looking to buy a large number of homes or even a whole development wouldn’t those macro numbers be your guide?

Josh

[barnaby33]

I want 10 dogs 2 of the four of which generate 6 times my income in my backyard, am I dreaming or dyslexic?

Josh

[barnaby33]

I thought your post was quasi-informational, until I came upon this: Everyone can find some good buys in TODAY’S BUYERS MARKET … and if you find GREAT BUYS, don’t WAIT on THEM to go lower.

I think its pretty safe to say there are no great buys in today’s market, this just makes you sound like an RE cheerleader. It is by no means that I know of a buyers market and since housing is always an investment in San Diego(even at its cheapest its still expensive), why wouldn’t a person wait till the price is as low as they think they can get it?

It’s ok to be an RE cheerleader, but not in conjunction with pushing a service. A short sale or foreclosure web site that you have a vested interest in, especially when you make comments like the one above.

It didn’t seem like your post was disseminating information so much as pushing a service and that is a very dangerous line to walk.

Josh

[barnaby33]

Are you smoking crack? 90k will definitely not allow you to buy the median priced house, even at a newly reduced medium. Maybe with exoctic (toxic) financing, but not under normal conditions. Two 90k salaries might.

Josh

[barnaby33]

Speaking as a software engineer, I can say that its highly cyclical. Last year it started picking up but before that, even as early as 04 while the RE market was going gangbusters, jobs were not easy to come by.

Josh

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