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latesummer2008
ParticipantI happen to believe the market is much worse than most here. That is my opinion. I believe last month was a major turning point, where higher end sales have severely started their declines in Volume and Price. It is barely starting to show up in the mainstream data. I do this as a hobby and feel I am doing potential buyers a favor.
And why should absurd behavior be tolerated? I realize anyone is free to add their opinion, but when I am personally attacked, I am not going to just sit here. Sure you can challenge what I say, but don’t challenge me personally. That is infantile.
Like I said, 90% of the people here are great. It is the other 10% who can go pound sand..
Here are some interesting graphs for you to see, that show the real story:
http://bubbletrackinggraphs.com
Bloated Inventory, REOs, Less Sales = Price Declines (Basic Supply & Demand)ParticipantRustico, I have no problem with opposing views. However, if they are done with malice, as is the case with some people here, than I will counter. Unfortunately, there are a few on piggington that nothing more than bigoted, self-serving idiots. I’m sorry, but there is no other way to describe them. And if they choose to attack me, than bring it.
I guess the question that needs to be asked is, why are they so adamant about me posting price declines for the public? I am not in Real Estate, I am a public high school science teacher. There is no vested interest, other than disseminating PUBLIC information to those who might want to use it in making their OWN decisions. With the internet, the RE industry is changing and I believe, some people might be concerned. Information is not just held by the RE industry any more. This is GOOD..
Look, I certainly don’t have a crystal ball to say what is going to happen in the RE Market. But, I can analyze data and spot trends. In looking at the downside risk possible, as opposed to the upside, the scales are severely tipped, in my opinion.
Cyphire has mentioned the real story going on right now. Look at this about, Inventory, REOs and Sales Numbers. It is an awesome visual, that many can understand.
http://bubbletrackinggraphs.blogspot.com
By the way, your property looks incredible.
ParticipantRustico, I have no problem with opposing views. However, if they are done with malice, as is the case with some people here, than I will counter. Unfortunately, there are a few on piggington that nothing more than bigoted, self-serving idiots. I’m sorry, but there is no other way to describe them. And if they choose to attack me, than bring it.
I guess the question that needs to be asked is, why are they so adamant about me posting price declines for the public? I am not in Real Estate, I am a public high school science teacher. There is no vested interest, other than disseminating PUBLIC information to those who might want to use it in making their OWN decisions. With the internet, the RE industry is changing and I believe, some people might be concerned. Information is not just held by the RE industry any more. This is GOOD..
Look, I certainly don’t have a crystal ball to say what is going to happen in the RE Market. But, I can analyze data and spot trends. In looking at the downside risk possible, as opposed to the upside, the scales are severely tipped, in my opinion.
Cyphire has mentioned the real story going on right now. Look at this about, Inventory, REOs and Sales Numbers. It is an awesome visual, that many can understand.
http://bubbletrackinggraphs.blogspot.com
By the way, your property looks incredible.
ParticipantLostkitty,
Touche!!!!!!!!!!
ParticipantLostkitty,
Touche!!!!!!!!!!
ParticipantCy, you can add jg to the list… FormerSanDiegan will be next….mark my words. However, there are some great folks on here too. Just finding out who’s who, I guess.
Welcome to Piggington!
ParticipantCy, you can add jg to the list… FormerSanDiegan will be next….mark my words. However, there are some great folks on here too. Just finding out who’s who, I guess.
Welcome to Piggington!
ParticipantReligious Schools don’t have ANY drugs? What about people that don’t practice that religion? What do they learn about them?
Sounds like another blanket statement, saying that if your kids have religion, they are fine.
I’d say Pandora’s box is now open…
ParticipantReligious Schools don’t have ANY drugs? What about people that don’t practice that religion? What do they learn about them?
Sounds like another blanket statement, saying that if your kids have religion, they are fine.
I’d say Pandora’s box is now open…
ParticipantPrivate vs Public School. This is obviously a big debate and a difficult one to answer. Why? Because there are so many variables to consider. I don’t think it is possible, to make a blanket statement about either. The truth is,there are both good and bad public and private schools.
Having taught at public high school for 10 years, I can inform you about my experiences. Despite MSM reports, there are some students getting a good education in public schools. There are good teachers teaching good students. It is far from the mayhem that the MSM likes to report. Sure, there are some bad students, roughly 10% that need to be dealt with. (More swiftly in my opinion.) But overall, kids come to school and go about their business of being teenagers. What normally distinguishes a “Good School” from a “Bad School”, is the amount of PARENT INVOLVEMENT. I see this on a daily basis. Children, whose parents are active, get their students in the best classes and with the best teachers. And, they are being well educated.
Believe it or not, “EDUCATION” is not just about learning to be academic. Sure, it is important teach content, and to motivate students HOW, to learn. That is priority #1. But, being “EDUCATED” is also learning how to carry yourself in society and “LEARNING” about all different types of people. Not, just your own.
Don’t think for a moment, because your child is in an affluent area in either public or a private school, that there won’t be problems. You are kidding yourself. Drugs, primarily, are WORSE in these affluent schools simply, because of greater access to money. In addition, if both parents are not home due to work, throw in some peer pressure, and you could have a recipe for disaster.
The last thing I would like to mention is, the role the MSM plays in all this. For years, they have reported how terrible and dangerous public schools are. And yes, in some cases this is true. But for most, it is not. Unfortunately you always hear about the schools that are in “Dangerous Areas” preying on peoples worst fears.
Let me tell you a quick story. Harvard Westlake is the most prominent private high school in Los Angeles. Last month, two students apparently were having some relationship issues. The boy convinced the girl to sit in his car where he promptly pulled out a claw hammer, and beat her over the head and shoulders, 22 times. Do you think that made it to the papers? No, of course not.
Sure there are other problems in public schools that I haven’t mentioned, (bad teachers, administrators etc…) And, we could debate this forever.All I am trying to say is, don’t assume anything because it is a public or a private school. Do your own homework, and find out what is best, for your own child.
ParticipantPrivate vs Public School. This is obviously a big debate and a difficult one to answer. Why? Because there are so many variables to consider. I don’t think it is possible, to make a blanket statement about either. The truth is,there are both good and bad public and private schools.
Having taught at public high school for 10 years, I can inform you about my experiences. Despite MSM reports, there are some students getting a good education in public schools. There are good teachers teaching good students. It is far from the mayhem that the MSM likes to report. Sure, there are some bad students, roughly 10% that need to be dealt with. (More swiftly in my opinion.) But overall, kids come to school and go about their business of being teenagers. What normally distinguishes a “Good School” from a “Bad School”, is the amount of PARENT INVOLVEMENT. I see this on a daily basis. Children, whose parents are active, get their students in the best classes and with the best teachers. And, they are being well educated.
Believe it or not, “EDUCATION” is not just about learning to be academic. Sure, it is important teach content, and to motivate students HOW, to learn. That is priority #1. But, being “EDUCATED” is also learning how to carry yourself in society and “LEARNING” about all different types of people. Not, just your own.
Don’t think for a moment, because your child is in an affluent area in either public or a private school, that there won’t be problems. You are kidding yourself. Drugs, primarily, are WORSE in these affluent schools simply, because of greater access to money. In addition, if both parents are not home due to work, throw in some peer pressure, and you could have a recipe for disaster.
The last thing I would like to mention is, the role the MSM plays in all this. For years, they have reported how terrible and dangerous public schools are. And yes, in some cases this is true. But for most, it is not. Unfortunately you always hear about the schools that are in “Dangerous Areas” preying on peoples worst fears.
Let me tell you a quick story. Harvard Westlake is the most prominent private high school in Los Angeles. Last month, two students apparently were having some relationship issues. The boy convinced the girl to sit in his car where he promptly pulled out a claw hammer, and beat her over the head and shoulders, 22 times. Do you think that made it to the papers? No, of course not.
Sure there are other problems in public schools that I haven’t mentioned, (bad teachers, administrators etc…) And, we could debate this forever.All I am trying to say is, don’t assume anything because it is a public or a private school. Do your own homework, and find out what is best, for your own child.
ParticipantCyphire. A little clarification for you, since you are relatively new here :
1)SD Realtor – Good, informative and very professional.
2)sdrealtor – Bad, irresponsible, and unfortunately, the stereotypical Realtor.
Check the posts, and see for yourself.
DO NOT CONFUSE the two.ParticipantCyphire. A little clarification for you, since you are relatively new here :
1)SD Realtor – Good, informative and very professional.
2)sdrealtor – Bad, irresponsible, and unfortunately, the stereotypical Realtor.
Check the posts, and see for yourself.
DO NOT CONFUSE the two.ParticipantCyphire, that was awesome! You spelled it out for all the HACKS here, who THINK they know what they are talking about, but don’t. Without a Buyer, you don’t have a transaction. PERIOD…. And buyers are hesitant with good reason. Market Psychology has changed, and there are very few houses selling compared to the amount of inventory. Once this FINALLY becomes evident to sellers, prices will DROP (And I think dramatically and faster than most believe). I think the numbers coming out now for APRIL (Dataquick)are the first real slap in the face for people serious about selling. It starts to steamroll from here.Inventory will BALLOON even more this summer. Anyone buying now, will be upside down in a matter of months.
As you mentioned, nobody is looking at the MANY houses that AREN’T selling, just the reported prices of the FEW houses that are selling. Median prices may be going up, but VOLUME is DROPPING DRAMATICALLY, in many areas.
Those saying the high end is not, and will not be affected, are unrealistic. High End Buyers are generally more educated than Lower End Buyers, and will be the first to stop purchasing. So what are we left with? The Real Estate Food Chain getting eaten from both the Top and the Bottom.Thank you for your insight into what is really going on. Unfortunately, many of the regulars on this board just like to hear themselves and each other talk, while they haven’t a clue. Way to cut through all the nonsense and tell it like it is.
Bravo!
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