[ocrenter]

UT continue to have poorly researched articles.

here is one that Piggingtonians dismantled.

here is another one.

2 forum topics that show PIGS are still ripping the worthless UT apart within less than 5 minutes of search right here on Piggington.

[ocrenter]

UT continue to have poorly researched articles.

here is one that Piggingtonians dismantled.

here is another one.

2 forum topics that show PIGS are still ripping the worthless UT apart within less than 5 minutes of search right here on Piggington.

[ocrenter]

UT continue to have poorly researched articles.

here is one that Piggingtonians dismantled.

here is another one.

2 forum topics that show PIGS are still ripping the worthless UT apart within less than 5 minutes of search right here on Piggington.

[ocrenter]

The only point I made is that the erstwhile erudite prognostications (apparently not) of so many here are way off and pretty much detached from reality. As an example I sited one property that was put on the market at 925K, followed by the raft of PIG predictions (which were way off to the low side) by many who fancy themselves as having a clear vision as to how this will all play out, followed by an ACTUAL SALE which occured post sub-prime blow up.

schizo, all of the examples you quoted did not show a date. the predictions themselves were simply what would be the true worth for the house in question. now that can be 3 years from now. just because a realtor looked at that 20% discount and didn’t see the additional 20% discount to come and decided to bite doesn’t mean that is the current worth of the house. afterall, just a couple of months later, that house is no longer worth $870k.

what I demonstrated is that prices continue to fall in a steady pace. some of the folks you quoted are probably a little too far off with their $300-$400k predictions. but $600-$700k? completely reasonable. but not in September of ’07, but they didn’t say September of ’07 to begin with.

[ocrenter]

The only point I made is that the erstwhile erudite prognostications (apparently not) of so many here are way off and pretty much detached from reality. As an example I sited one property that was put on the market at 925K, followed by the raft of PIG predictions (which were way off to the low side) by many who fancy themselves as having a clear vision as to how this will all play out, followed by an ACTUAL SALE which occured post sub-prime blow up.

schizo, all of the examples you quoted did not show a date. the predictions themselves were simply what would be the true worth for the house in question. now that can be 3 years from now. just because a realtor looked at that 20% discount and didn’t see the additional 20% discount to come and decided to bite doesn’t mean that is the current worth of the house. afterall, just a couple of months later, that house is no longer worth $870k.

what I demonstrated is that prices continue to fall in a steady pace. some of the folks you quoted are probably a little too far off with their $300-$400k predictions. but $600-$700k? completely reasonable. but not in September of ’07, but they didn’t say September of ’07 to begin with.

[ocrenter]

The only point I made is that the erstwhile erudite prognostications (apparently not) of so many here are way off and pretty much detached from reality. As an example I sited one property that was put on the market at 925K, followed by the raft of PIG predictions (which were way off to the low side) by many who fancy themselves as having a clear vision as to how this will all play out, followed by an ACTUAL SALE which occured post sub-prime blow up.

schizo, all of the examples you quoted did not show a date. the predictions themselves were simply what would be the true worth for the house in question. now that can be 3 years from now. just because a realtor looked at that 20% discount and didn’t see the additional 20% discount to come and decided to bite doesn’t mean that is the current worth of the house. afterall, just a couple of months later, that house is no longer worth $870k.

what I demonstrated is that prices continue to fall in a steady pace. some of the folks you quoted are probably a little too far off with their $300-$400k predictions. but $600-$700k? completely reasonable. but not in September of ’07, but they didn’t say September of ’07 to begin with.

[ocrenter]

The only point I made is that the erstwhile erudite prognostications (apparently not) of so many here are way off and pretty much detached from reality. As an example I sited one property that was put on the market at 925K, followed by the raft of PIG predictions (which were way off to the low side) by many who fancy themselves as having a clear vision as to how this will all play out, followed by an ACTUAL SALE which occured post sub-prime blow up.

schizo, all of the examples you quoted did not show a date. the predictions themselves were simply what would be the true worth for the house in question. now that can be 3 years from now. just because a realtor looked at that 20% discount and didn’t see the additional 20% discount to come and decided to bite doesn’t mean that is the current worth of the house. afterall, just a couple of months later, that house is no longer worth $870k.

what I demonstrated is that prices continue to fall in a steady pace. some of the folks you quoted are probably a little too far off with their $300-$400k predictions. but $600-$700k? completely reasonable. but not in September of ’07, but they didn’t say September of ’07 to begin with.

[ocrenter]

The only point I made is that the erstwhile erudite prognostications (apparently not) of so many here are way off and pretty much detached from reality. As an example I sited one property that was put on the market at 925K, followed by the raft of PIG predictions (which were way off to the low side) by many who fancy themselves as having a clear vision as to how this will all play out, followed by an ACTUAL SALE which occured post sub-prime blow up.

schizo, all of the examples you quoted did not show a date. the predictions themselves were simply what would be the true worth for the house in question. now that can be 3 years from now. just because a realtor looked at that 20% discount and didn’t see the additional 20% discount to come and decided to bite doesn’t mean that is the current worth of the house. afterall, just a couple of months later, that house is no longer worth $870k.

what I demonstrated is that prices continue to fall in a steady pace. some of the folks you quoted are probably a little too far off with their $300-$400k predictions. but $600-$700k? completely reasonable. but not in September of ’07, but they didn’t say September of ’07 to begin with.

[ocrenter]

Don’t feel bad for the Sienna Ridge buyer. She put 23% down and will be fine. worst case scenario, she can save some on commissions if she has to sell as she’s a Realtor.;)

that’s rich! let’s hope for her sake she’s not trying to flip. (let’s also hope she didn’t do a HELOC on her other home to use as down payment.)

[ocrenter]

Don’t feel bad for the Sienna Ridge buyer. She put 23% down and will be fine. worst case scenario, she can save some on commissions if she has to sell as she’s a Realtor.;)

that’s rich! let’s hope for her sake she’s not trying to flip. (let’s also hope she didn’t do a HELOC on her other home to use as down payment.)

[ocrenter]

Don’t feel bad for the Sienna Ridge buyer. She put 23% down and will be fine. worst case scenario, she can save some on commissions if she has to sell as she’s a Realtor.;)

that’s rich! let’s hope for her sake she’s not trying to flip. (let’s also hope she didn’t do a HELOC on her other home to use as down payment.)

[ocrenter]

Don’t feel bad for the Sienna Ridge buyer. She put 23% down and will be fine. worst case scenario, she can save some on commissions if she has to sell as she’s a Realtor.;)

that’s rich! let’s hope for her sake she’s not trying to flip. (let’s also hope she didn’t do a HELOC on her other home to use as down payment.)

[ocrenter]

Don’t feel bad for the Sienna Ridge buyer. She put 23% down and will be fine. worst case scenario, she can save some on commissions if she has to sell as she’s a Realtor.;)

that’s rich! let’s hope for her sake she’s not trying to flip. (let’s also hope she didn’t do a HELOC on her other home to use as down payment.)

[ocrenter]

have her listen to this.

but honestly, I don’t even think you can get a loan for that $1 million place even if you wanted to these days. you could just go thru the motions and go, “sorry hun, credit crunch from the subprime mess, we can’t qualify!”

[ocrenter]

have her listen to this.

but honestly, I don’t even think you can get a loan for that $1 million place even if you wanted to these days. you could just go thru the motions and go, “sorry hun, credit crunch from the subprime mess, we can’t qualify!”

[Author]

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