[gn]

It’s a gimmick designed to make buyers think they got a good deal.

For example: $1 mil. – $1.2 mil.

In this case, the seller probably would be happy to get an offer at $1 mil. And the buyer might think: “I got a good deal, the seller reduced it by $200k.”

[gn]

The main factor that determines the value of a property is “location”. For the most part, the values of the upgrades will be “erased”.

[gn]

The main factor that determines the value of a property is “location”. For the most part, the values of the upgrades will be “erased”.

[gn]

The main factor that determines the value of a property is “location”. For the most part, the values of the upgrades will be “erased”.

[gn]

The main factor that determines the value of a property is “location”. For the most part, the values of the upgrades will be “erased”.

[gn]

I that by the fall of 2008 the streets will be running red and we're going to see some really shocking price movement. I think that's when we're going to see the majority of movement in this downcycle; after that the price declines will just bleed out.

Bugs, are you saying that the "steepest part of the curve" will occur in 2008 ?

I think 2009 will be the year when most of the  2008 ARM resets will become REOs. So, 2009 is when the lenders will conduct "fire sales". Do you agree ?

 

[gn]

I that by the fall of 2008 the streets will be running red and we're going to see some really shocking price movement. I think that's when we're going to see the majority of movement in this downcycle; after that the price declines will just bleed out.

Bugs, are you saying that the "steepest part of the curve" will occur in 2008 ?

I think 2009 will be the year when most of the  2008 ARM resets will become REOs. So, 2009 is when the lenders will conduct "fire sales". Do you agree ?

 

[gn]

I that by the fall of 2008 the streets will be running red and we're going to see some really shocking price movement. I think that's when we're going to see the majority of movement in this downcycle; after that the price declines will just bleed out.

Bugs, are you saying that the "steepest part of the curve" will occur in 2008 ?

I think 2009 will be the year when most of the  2008 ARM resets will become REOs. So, 2009 is when the lenders will conduct "fire sales". Do you agree ?

 

[gn]

I that by the fall of 2008 the streets will be running red and we're going to see some really shocking price movement. I think that's when we're going to see the majority of movement in this downcycle; after that the price declines will just bleed out.

Bugs, are you saying that the "steepest part of the curve" will occur in 2008 ?

I think 2009 will be the year when most of the  2008 ARM resets will become REOs. So, 2009 is when the lenders will conduct "fire sales". Do you agree ?

 

[gn]

Cash positive rentals don't last very long in any market.

Temeculaguy, you make a good point.

Now, I think that rents will go down in Temecula. That's because the glut of houses will attract cash-flow investors which will increase the rental supply, thus, result in lower rents.

So, the fact the numbers currently "pencil out" doesn't mean that they will "pencil out" in 2009. This is especially true in places like Temecula where there is so much excess inventories & builders are still building.

 

[gn]

Cash positive rentals don't last very long in any market.

Temeculaguy, you make a good point.

Now, I think that rents will go down in Temecula. That's because the glut of houses will attract cash-flow investors which will increase the rental supply, thus, result in lower rents.

So, the fact the numbers currently "pencil out" doesn't mean that they will "pencil out" in 2009. This is especially true in places like Temecula where there is so much excess inventories & builders are still building.

 

[gn]

Cash positive rentals don't last very long in any market.

Temeculaguy, you make a good point.

Now, I think that rents will go down in Temecula. That's because the glut of houses will attract cash-flow investors which will increase the rental supply, thus, result in lower rents.

So, the fact the numbers currently "pencil out" doesn't mean that they will "pencil out" in 2009. This is especially true in places like Temecula where there is so much excess inventories & builders are still building.

 

[gn]

Cash positive rentals don't last very long in any market.

Temeculaguy, you make a good point.

Now, I think that rents will go down in Temecula. That's because the glut of houses will attract cash-flow investors which will increase the rental supply, thus, result in lower rents.

So, the fact the numbers currently "pencil out" doesn't mean that they will "pencil out" in 2009. This is especially true in places like Temecula where there is so much excess inventories & builders are still building.

 

[gn]

SDHM,

I’m just curious. Can you describe how Carmel Valley is pretentious ? I’m asking because it’s one of the areas I’m considering buying a house in.

[gn]

SDHM,

I’m just curious. Can you describe how Carmel Valley is pretentious ? I’m asking because it’s one of the areas I’m considering buying a house in.

[Author]

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