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murray-

my lease is up the end of June and I sure as hell won’t be letting my landlord try to dick around with me…

They are so fu**ing stupid: they bought an unusual floorplan home right at the peak of the market, moved into it, lived in in for two years, and then failed miserably at selling (flipping)it last summer…

They are dead ducks…they are down at least 100K (probably 200K) on their new place and they better not try and f**k with me, cause then they’ll watch me move on down the street, into the same house, same neighborhood, that has been sitting vacant for MONTHS, and they’ll be holding the bag on multiple mortgages and wishing I was still around (timely payer for the last two+ years)

Yeah..it’s time for everybody to wake up and smell the coffee…quit trying to take advantage of everyone else.

Do yourself a favor people: “zillow” the address you mail your rent check to every month. find a realtor who will help you find out what type of financing your landlord has on his/her primary AND rental properties…you’ll find a lot of these folks are DEAD MAN WALKING.

Don’t let ’em f**k with ya anymore! No sympathy for idiots!! Renter AND buyer beware.

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blackbox…

I like your style. You seem to say what you really feel and I appreciate and respect that. There truly are too many idiots to count…f’em all!

LBC

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Whatever we use this site for…is all of our business and none of yours.

If you disagree with most of what you read here, don’t worry about it…there are hundreds of millions of other “sheeple” out there, waiting for you to re-join the flock.

Thanks for stopping by, though 😉

LBC

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Let’s not forget that pride often winds up being a fatal flaw. For recent buyers of homes (2004-2007), it is a foregone conclusion. HA!

LBC

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Guys…

We are overlooking the simple answer to the question “What is a home value tied to?”:

It’s tied to an ANCHOR that is quickly headed to the bottom of the Mariana(s) Trench!! HA!

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Blackbox-

Couldn’t have said it better myself AND thank you for saying it!

Non-sequitur, but relevant: Any guesses why you are supposed to clench your buttocks tightly before entering the water from a high cliff jump?

These guys in Moorpark are about to find out!!

LBC

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“We expect Pardee to do the right thing.”

As far I can see, Pardee (a business) is doing the right thing (making business decisions) and, therefore, there is no problem here.

Guess what? Picketing to hurt Pardee’s sales can backfire. At some eventual lower price point, the “scabs”, buyers in this case, will cross the picket lines. Can you really afford devestatingly lower comps??

Caveat Emptor.

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Nope..speaking of San Diego…and pretty much anywhere in the United States.

When the seller can still make a mint on the sale of their house (obviously I’m not talking of anyone who purchased sinced late 2004) to a new “bag-holder”. The seller wins. The buyer loses. Plain and simple.

I know of people who moved away last summer, before selling their house, and are planning to move back here this summer because they “can’t” sell their house. Bullshit! If they drop the price to $650K from $750K, it’d likely sell, even in this market. And they’d pocket a cool $250K in tax-free gains. The seller has control, but will not exercise it due to greed. Buyers are really not forcing anyone’s hand just yet.

“When a seller has to cut their prices to meet the demands of the buyer”….if they are still making a KILLING–yes, it is still a seller’s market.

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You should be able to buy in 4-Closure Ranch for a hell of a lot less next year. Don’t believe the builder hype.

Forget the McMansion, anyway….you’ll be able to find a nice older home on at least a quarter acre within a 5 mile radius of your offices for LESS than those ugly stucco sh*tboxes are going for now, soon enough.

Or…go ahead and buy…we really do need greater fools to continue to buy these pieces of crap at lower and lower prices, thereby destroying the comps used for future home sale prices.

Just out of curiosity…do you really need 3100 square feet??

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cooprider–

You may be right, however, “how to kill myself” should be a close runner-up 😉

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DaCounselor-

I doubt you’ll find it amusing when I tell you that you’ll only be “up several hundreds of thousands of dollars” for a short while longer. Eventually, the value of your home will return to the nominal price it would have fetched back in 1998, as the pendulum will overshoot to the downside.

See…it is quite painful to hear and I imagine most people don’t like hearing it but they should.

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And,

Once another 20% is shaved off the central SD SFRs, how comfortable will most “investors” be buying rental property in SD?? I’d be waiting to see what might happen next.

See…this is why the pendulum nearly always overshoots a true equilibrium point. Sentiment and emotions of greed and fear swing equally strong in both directions.

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kev-

The truth hurts for these people. F*** ’em! (Family members included!!)

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Powayseller–I started the thread by asking if realtors were selling their cars on the RB mile of cars, and I understand and agree with sdcellar’s thoughts.

I posed the question with tongue-in-cheek, more than anything.

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Someone please help me here…

I can’t, for the life of me, imagine who on Earth would pay $2900 to rent a house in Valley Center. It seems to me that one who can afford to pay $2900 a month in rent would not live so far out. This guy better have funds on hand to pay the carrying costs for at least 12 months while he tries to find a renter.

Sounds like another stupid move to me, made by yet another uninformed California jackass.

P.S. Yes, I have been to Valley Center.

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