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I know life insurance and investments pretty well (10+ years of study/experience)…what is your question/concern?

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Welcome to the 21st century….where fraud is apparently considered to be a market force.

Fraud drove the prices the last several years. Enforcement action should help to drive it (down) the next several.

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Construction At…

Just think of all those poor bastards in El Centro who’d be forced to live near Registered “Truth” Offenders, though. Doesn’t seem fair to the people of El Centro.

Maybe we could construct tent cities for them or they could wander like gypsies, peddling copies of David Lereah’s “Are You Missing the Boom?” or giving hand-jobs for crack?

Perhaps there should be a registry, like a “Lereah’s List” or something, to help prospective homebuyers know how many washed up REIC people live in a particular neighborhood, so they could avoid having to move so close to such riff-raff.

I hate to say it, but truthfully, they are all worthless. (with the exception of all of you guys here on this board, bugs, sdr, SD R, and anyone else I may have missed..I think you guys are all a class act.)

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All right, sdrealtor…gentleman’s bet of $10. I’ll get ten bucks to Rich to send to you next January if I am wrong…don’t even need to set criteria as far as I am concerned…it should be pretty plain to see if I am right and I won’t try to weasel out of $10 if it is clear that I was wrong.

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Dude,

The market is completely tanking. Who gives a shiitake about sub-markets? It may not be raining in your micro-climate yet, but it’s headed your way.

Speaking of tanking…it’s time to lay off the nitrous and get hip to the fact that 2007 is going to be the worst year for real estate in a LONG time.

LBC

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sdrebear–

liked it!

LBC

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sdrealtor-

niiiiiice! I like your style sometimes (right between the eyes)

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Simply put…

San Marcos blows. Schools suck. 78 traffic sucks. Gang violence and crime suck. Oh yeah, don’t forget about your retarded, monster-truck driving, soon-to-be-unemployed construction/laborer type neighbors.

Avoid.

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healthy sales volume?..current buyers must believe that this is the final round of the “stupidest f*&king people on Earth” contest!! (They are certainly in the running to be crowned “champion”;-) C’mon sdr–you must pity these people a little bit, knowing that they are marching right over the cliff.

Meanwhile, D.R. Horton’s chief sees things a bit differently:

“‘We’re in the very early stages’ of the current housing slowdown,’ CEO Donald Tomnitz said.

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SD R-

Thanks for the insight. What you said makes sense to me.

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Thanks for the update, sdrealtor.

As for “tons of data” “going back three years”, you must know that three years is not nearly long enough for data to affirm/discount a trend, when a typical housing cycle is many multiples of that time frame.

I just think that all the realty sales offices have battened down the hatches and are waiting to flood the market with new listings at some pre-determined point in the very near future. Almost like collusion or a well-scripted gameplan. I could be very wrong. I guess we’ll know fairly soon.

Time, tide, and foreclosure wait for no-one, of course. I am now shoving off…

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Not to pee in everyone’s Wheaties, but the Poway School District is good, but it is not that good.

I have multiple children attending “award-winning” Poway schools and the way I see it, the District is riding mostly on reputation rather than true excellence. You can rest assured that PUSD has plenty of room for improvement.

When you think safety in a car, most people are inclined to think “Volvo”, right? Poway schools has developed that “good district” reputation in my opinion, due in part to good schools, yes, but also due to slick marketing.

Now, let’s go get a new bowl of cereal…

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Attention:

C’mon, people…expect huge drops in real estate everywhere; “nice school districts” included.

If a place had a “nice school district” 5 years ago, yet was selling for 25-40% of what it sold for at the peak, guess what…it had abso-f**king-lutely nothing to do with the “nice school district”.

I live in a nice school district now and there is blood in the water. Can’t wait for Spring and Summer to watch all the smug idiots of just last year begin to have all their sh*t thrown out on the front lawn by the sheriff’s department.

It’s a great time to be “short” housing.

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how about “just minutes from bankruptcy”?

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Again, guys, the median is a pretty useless indicator….it is simply the home at the midpoint of all sales.

The next lowest priced home below the median could have been at 400K dollars, but the median would have still been “up” year over year.

Also, someone else posted about this year’s 700K house will buy you last year’s 850K house, which appears to be tru….folks this median sh*t is all smoke and mirrors….just look at the houses you are interested in and see what they do over coming months and years. I think you’ll see ’em sliding back down quickly, especially once easy credit is removed.

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