[GunDoctor]

ummm, How many billions of dollars has Merril Lynch lost?

for them to come out now and predict what will happen is tragic. its really to late, the damage is done and for the information to be usefull it would help to publish it BEFORE the crash…not during the event. If my house was on fire, chances are a predition or further burning would be an accurate statement…just not very usefull.
I wonder if Rich, our host of this site has been contacted by ML with a job offer. It seems to me that the site could replace the entire Real Estate analyst team at Merrill, with superior results. I would trust this sites forecast to those of anyone on wall street.
why?
Well, because the forecast thus far have been right on the money.
You guys are awsome and continue to save me big dollars with your common since approach to real estate.
thanks.
Learning financial stuff is hard, losing a bunch of money is painful.
I’ll take difficult over painfull any day.

The one thing that I am wondering right now is the speed at which prices are dropping.
From the general consensus on the treads most piggs were expecting a slow glid down into oblivion, and them flat for many years.
with December losing 5% in one month, dose this change the model? This might be a race to the bottom faster than expected.
thoughts?
gun

[GunDoctor]

ummm, How many billions of dollars has Merril Lynch lost?

for them to come out now and predict what will happen is tragic. its really to late, the damage is done and for the information to be usefull it would help to publish it BEFORE the crash…not during the event. If my house was on fire, chances are a predition or further burning would be an accurate statement…just not very usefull.
I wonder if Rich, our host of this site has been contacted by ML with a job offer. It seems to me that the site could replace the entire Real Estate analyst team at Merrill, with superior results. I would trust this sites forecast to those of anyone on wall street.
why?
Well, because the forecast thus far have been right on the money.
You guys are awsome and continue to save me big dollars with your common since approach to real estate.
thanks.
Learning financial stuff is hard, losing a bunch of money is painful.
I’ll take difficult over painfull any day.

The one thing that I am wondering right now is the speed at which prices are dropping.
From the general consensus on the treads most piggs were expecting a slow glid down into oblivion, and them flat for many years.
with December losing 5% in one month, dose this change the model? This might be a race to the bottom faster than expected.
thoughts?
gun

[GunDoctor]

ummm, How many billions of dollars has Merril Lynch lost?

for them to come out now and predict what will happen is tragic. its really to late, the damage is done and for the information to be usefull it would help to publish it BEFORE the crash…not during the event. If my house was on fire, chances are a predition or further burning would be an accurate statement…just not very usefull.
I wonder if Rich, our host of this site has been contacted by ML with a job offer. It seems to me that the site could replace the entire Real Estate analyst team at Merrill, with superior results. I would trust this sites forecast to those of anyone on wall street.
why?
Well, because the forecast thus far have been right on the money.
You guys are awsome and continue to save me big dollars with your common since approach to real estate.
thanks.
Learning financial stuff is hard, losing a bunch of money is painful.
I’ll take difficult over painfull any day.

The one thing that I am wondering right now is the speed at which prices are dropping.
From the general consensus on the treads most piggs were expecting a slow glid down into oblivion, and them flat for many years.
with December losing 5% in one month, dose this change the model? This might be a race to the bottom faster than expected.
thoughts?
gun

[GunDoctor]

ummm, How many billions of dollars has Merril Lynch lost?

for them to come out now and predict what will happen is tragic. its really to late, the damage is done and for the information to be usefull it would help to publish it BEFORE the crash…not during the event. If my house was on fire, chances are a predition or further burning would be an accurate statement…just not very usefull.
I wonder if Rich, our host of this site has been contacted by ML with a job offer. It seems to me that the site could replace the entire Real Estate analyst team at Merrill, with superior results. I would trust this sites forecast to those of anyone on wall street.
why?
Well, because the forecast thus far have been right on the money.
You guys are awsome and continue to save me big dollars with your common since approach to real estate.
thanks.
Learning financial stuff is hard, losing a bunch of money is painful.
I’ll take difficult over painfull any day.

The one thing that I am wondering right now is the speed at which prices are dropping.
From the general consensus on the treads most piggs were expecting a slow glid down into oblivion, and them flat for many years.
with December losing 5% in one month, dose this change the model? This might be a race to the bottom faster than expected.
thoughts?
gun

[GunDoctor]

ummm, How many billions of dollars has Merril Lynch lost?

for them to come out now and predict what will happen is tragic. its really to late, the damage is done and for the information to be usefull it would help to publish it BEFORE the crash…not during the event. If my house was on fire, chances are a predition or further burning would be an accurate statement…just not very usefull.
I wonder if Rich, our host of this site has been contacted by ML with a job offer. It seems to me that the site could replace the entire Real Estate analyst team at Merrill, with superior results. I would trust this sites forecast to those of anyone on wall street.
why?
Well, because the forecast thus far have been right on the money.
You guys are awsome and continue to save me big dollars with your common since approach to real estate.
thanks.
Learning financial stuff is hard, losing a bunch of money is painful.
I’ll take difficult over painfull any day.

The one thing that I am wondering right now is the speed at which prices are dropping.
From the general consensus on the treads most piggs were expecting a slow glid down into oblivion, and them flat for many years.
with December losing 5% in one month, dose this change the model? This might be a race to the bottom faster than expected.
thoughts?
gun

[GunDoctor]

I dont think that he can rescue anything. I think he could move rates to zero and still not get any positive reaction.

The tipping point was reached about 6 months ago when the average american woke up to the fact that housing prices don’t always just go up. The spell is broken. People see that you can very easily lose 300k with the wrong financial decision. Whereas before they thought that they could not lose. You cannot get that type of market sentiment back, ONCE ITS GONE, ITS GONE….
yes humpty dumpty has fallin off the wall and the kings men might as well make some scrambled eggs

[GunDoctor]

I dont think that he can rescue anything. I think he could move rates to zero and still not get any positive reaction.

The tipping point was reached about 6 months ago when the average american woke up to the fact that housing prices don’t always just go up. The spell is broken. People see that you can very easily lose 300k with the wrong financial decision. Whereas before they thought that they could not lose. You cannot get that type of market sentiment back, ONCE ITS GONE, ITS GONE….
yes humpty dumpty has fallin off the wall and the kings men might as well make some scrambled eggs

[GunDoctor]

I dont think that he can rescue anything. I think he could move rates to zero and still not get any positive reaction.

The tipping point was reached about 6 months ago when the average american woke up to the fact that housing prices don’t always just go up. The spell is broken. People see that you can very easily lose 300k with the wrong financial decision. Whereas before they thought that they could not lose. You cannot get that type of market sentiment back, ONCE ITS GONE, ITS GONE….
yes humpty dumpty has fallin off the wall and the kings men might as well make some scrambled eggs

[GunDoctor]

I dont think that he can rescue anything. I think he could move rates to zero and still not get any positive reaction.

The tipping point was reached about 6 months ago when the average american woke up to the fact that housing prices don’t always just go up. The spell is broken. People see that you can very easily lose 300k with the wrong financial decision. Whereas before they thought that they could not lose. You cannot get that type of market sentiment back, ONCE ITS GONE, ITS GONE….
yes humpty dumpty has fallin off the wall and the kings men might as well make some scrambled eggs

[GunDoctor]

I dont think that he can rescue anything. I think he could move rates to zero and still not get any positive reaction.

The tipping point was reached about 6 months ago when the average american woke up to the fact that housing prices don’t always just go up. The spell is broken. People see that you can very easily lose 300k with the wrong financial decision. Whereas before they thought that they could not lose. You cannot get that type of market sentiment back, ONCE ITS GONE, ITS GONE….
yes humpty dumpty has fallin off the wall and the kings men might as well make some scrambled eggs

[GunDoctor]

Thanks for the reply.
I understand the confidential remarks a bit more now.
I must say, ask. “what use are confidential remarks to buyers”?

I seems to me that the buyers are putting up all of the money. when people are keeping secrets / not informing you about issued dealing with YOUR money I smell a confict of interest. If there were no conflicts then there would be no need for confidential remarks, period. I see nothing wrong with stating these issue out for all to see. I don’t have a problem with my agent getting a 10k bonus. I would just like to know that tidbit so that I can weight that into my purchase decision. Could it be that the 10k is why he is pushing said name house over some other.

I will definately ask about remarks in the future when I buy.

On a side note. What are some of the more outlandish confidential remarks some of you in the business have observed? just curious.
gun

[GunDoctor]

Thanks for the reply.
I understand the confidential remarks a bit more now.
I must say, ask. “what use are confidential remarks to buyers”?

I seems to me that the buyers are putting up all of the money. when people are keeping secrets / not informing you about issued dealing with YOUR money I smell a confict of interest. If there were no conflicts then there would be no need for confidential remarks, period. I see nothing wrong with stating these issue out for all to see. I don’t have a problem with my agent getting a 10k bonus. I would just like to know that tidbit so that I can weight that into my purchase decision. Could it be that the 10k is why he is pushing said name house over some other.

I will definately ask about remarks in the future when I buy.

On a side note. What are some of the more outlandish confidential remarks some of you in the business have observed? just curious.
gun

[GunDoctor]

Thanks for the reply.
I understand the confidential remarks a bit more now.
I must say, ask. “what use are confidential remarks to buyers”?

I seems to me that the buyers are putting up all of the money. when people are keeping secrets / not informing you about issued dealing with YOUR money I smell a confict of interest. If there were no conflicts then there would be no need for confidential remarks, period. I see nothing wrong with stating these issue out for all to see. I don’t have a problem with my agent getting a 10k bonus. I would just like to know that tidbit so that I can weight that into my purchase decision. Could it be that the 10k is why he is pushing said name house over some other.

I will definately ask about remarks in the future when I buy.

On a side note. What are some of the more outlandish confidential remarks some of you in the business have observed? just curious.
gun

[GunDoctor]

Thanks for the reply.
I understand the confidential remarks a bit more now.
I must say, ask. “what use are confidential remarks to buyers”?

I seems to me that the buyers are putting up all of the money. when people are keeping secrets / not informing you about issued dealing with YOUR money I smell a confict of interest. If there were no conflicts then there would be no need for confidential remarks, period. I see nothing wrong with stating these issue out for all to see. I don’t have a problem with my agent getting a 10k bonus. I would just like to know that tidbit so that I can weight that into my purchase decision. Could it be that the 10k is why he is pushing said name house over some other.

I will definately ask about remarks in the future when I buy.

On a side note. What are some of the more outlandish confidential remarks some of you in the business have observed? just curious.
gun

[GunDoctor]

Thanks for the reply.
I understand the confidential remarks a bit more now.
I must say, ask. “what use are confidential remarks to buyers”?

I seems to me that the buyers are putting up all of the money. when people are keeping secrets / not informing you about issued dealing with YOUR money I smell a confict of interest. If there were no conflicts then there would be no need for confidential remarks, period. I see nothing wrong with stating these issue out for all to see. I don’t have a problem with my agent getting a 10k bonus. I would just like to know that tidbit so that I can weight that into my purchase decision. Could it be that the 10k is why he is pushing said name house over some other.

I will definately ask about remarks in the future when I buy.

On a side note. What are some of the more outlandish confidential remarks some of you in the business have observed? just curious.
gun

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