[cr]

Many of us here have been expecting news like this for years now. Now that we’re hearing it we know the bottom is closer but we need not jump the gun.

You’re right Ex-SD it’s going to take years to get here, and we’ve still got a lot crap to go through.

That’s why I roll my eyes anytime someone says sales are up or inventory is down month over month or even year over year implying the bottom is here or at least close.

With prices down 20% it’s no wonder some people, probably down-sizing their McMansion, are buying in at lower prices and taking some inventory off the market. You can’t celebrate one gauge of the market and ignore how terrible another is. Well, you can, but you’re a fool, and an even bigger one if you make a decision based on that.

I personally don’t see a bottom until the response to good news is continued expectation of bad. Such responses are lagging indicators too.

This record high of foreclosures signals nothing but more pain to come. As distressed “owners” are forced to buy something they can afford you can expect the damage to work its way up the food chain.

[cr]

Many of us here have been expecting news like this for years now. Now that we’re hearing it we know the bottom is closer but we need not jump the gun.

You’re right Ex-SD it’s going to take years to get here, and we’ve still got a lot crap to go through.

That’s why I roll my eyes anytime someone says sales are up or inventory is down month over month or even year over year implying the bottom is here or at least close.

With prices down 20% it’s no wonder some people, probably down-sizing their McMansion, are buying in at lower prices and taking some inventory off the market. You can’t celebrate one gauge of the market and ignore how terrible another is. Well, you can, but you’re a fool, and an even bigger one if you make a decision based on that.

I personally don’t see a bottom until the response to good news is continued expectation of bad. Such responses are lagging indicators too.

This record high of foreclosures signals nothing but more pain to come. As distressed “owners” are forced to buy something they can afford you can expect the damage to work its way up the food chain.

[cr]

Many of us here have been expecting news like this for years now. Now that we’re hearing it we know the bottom is closer but we need not jump the gun.

You’re right Ex-SD it’s going to take years to get here, and we’ve still got a lot crap to go through.

That’s why I roll my eyes anytime someone says sales are up or inventory is down month over month or even year over year implying the bottom is here or at least close.

With prices down 20% it’s no wonder some people, probably down-sizing their McMansion, are buying in at lower prices and taking some inventory off the market. You can’t celebrate one gauge of the market and ignore how terrible another is. Well, you can, but you’re a fool, and an even bigger one if you make a decision based on that.

I personally don’t see a bottom until the response to good news is continued expectation of bad. Such responses are lagging indicators too.

This record high of foreclosures signals nothing but more pain to come. As distressed “owners” are forced to buy something they can afford you can expect the damage to work its way up the food chain.

[cr]

Many of us here have been expecting news like this for years now. Now that we’re hearing it we know the bottom is closer but we need not jump the gun.

You’re right Ex-SD it’s going to take years to get here, and we’ve still got a lot crap to go through.

That’s why I roll my eyes anytime someone says sales are up or inventory is down month over month or even year over year implying the bottom is here or at least close.

With prices down 20% it’s no wonder some people, probably down-sizing their McMansion, are buying in at lower prices and taking some inventory off the market. You can’t celebrate one gauge of the market and ignore how terrible another is. Well, you can, but you’re a fool, and an even bigger one if you make a decision based on that.

I personally don’t see a bottom until the response to good news is continued expectation of bad. Such responses are lagging indicators too.

This record high of foreclosures signals nothing but more pain to come. As distressed “owners” are forced to buy something they can afford you can expect the damage to work its way up the food chain.

[cr]

Many of us here have been expecting news like this for years now. Now that we’re hearing it we know the bottom is closer but we need not jump the gun.

You’re right Ex-SD it’s going to take years to get here, and we’ve still got a lot crap to go through.

That’s why I roll my eyes anytime someone says sales are up or inventory is down month over month or even year over year implying the bottom is here or at least close.

With prices down 20% it’s no wonder some people, probably down-sizing their McMansion, are buying in at lower prices and taking some inventory off the market. You can’t celebrate one gauge of the market and ignore how terrible another is. Well, you can, but you’re a fool, and an even bigger one if you make a decision based on that.

I personally don’t see a bottom until the response to good news is continued expectation of bad. Such responses are lagging indicators too.

This record high of foreclosures signals nothing but more pain to come. As distressed “owners” are forced to buy something they can afford you can expect the damage to work its way up the food chain.

[cr]

sdr, good to hear your business is doing well.

I’m curious about what you’re seeing. SFR/condos? Is it people upgrading/downsizing? What % are REOs? Are they closing below asking?

Appreciate the feedback.

[cr]

sdr, good to hear your business is doing well.

I’m curious about what you’re seeing. SFR/condos? Is it people upgrading/downsizing? What % are REOs? Are they closing below asking?

Appreciate the feedback.

[cr]

sdr, good to hear your business is doing well.

I’m curious about what you’re seeing. SFR/condos? Is it people upgrading/downsizing? What % are REOs? Are they closing below asking?

Appreciate the feedback.

[cr]

sdr, good to hear your business is doing well.

I’m curious about what you’re seeing. SFR/condos? Is it people upgrading/downsizing? What % are REOs? Are they closing below asking?

Appreciate the feedback.

[cr]

sdr, good to hear your business is doing well.

I’m curious about what you’re seeing. SFR/condos? Is it people upgrading/downsizing? What % are REOs? Are they closing below asking?

Appreciate the feedback.

[cr]

You’re right nostra. It’s a waste of time.

He’s already resorted to insulting people here for disagreeing with him, which says a lot.

He’s holding the tail of an elephant and calling it a snake. You can’t reason with people who think their findings are fact and exclude all other data.

“”Yeah . . . come on . . . I call ya out . . . I dare ya.” This may have impressed your friends in elementary school but most here are looking for a little more in the form of enlightening analysis/facts.”

Just tailoring my message to my audience. Let us know what you buy.

[cr]

You’re right nostra. It’s a waste of time.

He’s already resorted to insulting people here for disagreeing with him, which says a lot.

He’s holding the tail of an elephant and calling it a snake. You can’t reason with people who think their findings are fact and exclude all other data.

“”Yeah . . . come on . . . I call ya out . . . I dare ya.” This may have impressed your friends in elementary school but most here are looking for a little more in the form of enlightening analysis/facts.”

Just tailoring my message to my audience. Let us know what you buy.

[cr]

You’re right nostra. It’s a waste of time.

He’s already resorted to insulting people here for disagreeing with him, which says a lot.

He’s holding the tail of an elephant and calling it a snake. You can’t reason with people who think their findings are fact and exclude all other data.

“”Yeah . . . come on . . . I call ya out . . . I dare ya.” This may have impressed your friends in elementary school but most here are looking for a little more in the form of enlightening analysis/facts.”

Just tailoring my message to my audience. Let us know what you buy.

[cr]

You’re right nostra. It’s a waste of time.

He’s already resorted to insulting people here for disagreeing with him, which says a lot.

He’s holding the tail of an elephant and calling it a snake. You can’t reason with people who think their findings are fact and exclude all other data.

“”Yeah . . . come on . . . I call ya out . . . I dare ya.” This may have impressed your friends in elementary school but most here are looking for a little more in the form of enlightening analysis/facts.”

Just tailoring my message to my audience. Let us know what you buy.

[cr]

You’re right nostra. It’s a waste of time.

He’s already resorted to insulting people here for disagreeing with him, which says a lot.

He’s holding the tail of an elephant and calling it a snake. You can’t reason with people who think their findings are fact and exclude all other data.

“”Yeah . . . come on . . . I call ya out . . . I dare ya.” This may have impressed your friends in elementary school but most here are looking for a little more in the form of enlightening analysis/facts.”

Just tailoring my message to my audience. Let us know what you buy.

[Author]

Posts