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outtamojo
Participant[quote=LittleMissPiggy]”There will ALWAYS be more homes available.”
Do you really think so? There are not many houses on sale in San Diego right now. That “shadow inventory” is so elusive, that I lost hope for it ever showing up in MLS. Rates are not going to be as low for long.
As someone said in another thread people who were scrupulous and did not buy during the bubble are screwed and mad as hell. I see people throwing money like crazy to get in a property now. It feels like we the pigs already lost the waiting game.[/quote]I’m with SDR on this one- more distress to work through still, more inventory to churn. The economy/housing won’t recover in a straight line,there will be hiccups. With every hiccup, out will come the doomsayers and their I told you the world was gonna end and this was unsustainable diatribes.This will put fear into some-will you be frozen too when your dream house comes up at a decent price?
outtamojo
Participant[quote=LittleMissPiggy]”There will ALWAYS be more homes available.”
Do you really think so? There are not many houses on sale in San Diego right now. That “shadow inventory” is so elusive, that I lost hope for it ever showing up in MLS. Rates are not going to be as low for long.
As someone said in another thread people who were scrupulous and did not buy during the bubble are screwed and mad as hell. I see people throwing money like crazy to get in a property now. It feels like we the pigs already lost the waiting game.[/quote]I’m with SDR on this one- more distress to work through still, more inventory to churn. The economy/housing won’t recover in a straight line,there will be hiccups. With every hiccup, out will come the doomsayers and their I told you the world was gonna end and this was unsustainable diatribes.This will put fear into some-will you be frozen too when your dream house comes up at a decent price?
outtamojo
Participant[quote=LittleMissPiggy]”There will ALWAYS be more homes available.”
Do you really think so? There are not many houses on sale in San Diego right now. That “shadow inventory” is so elusive, that I lost hope for it ever showing up in MLS. Rates are not going to be as low for long.
As someone said in another thread people who were scrupulous and did not buy during the bubble are screwed and mad as hell. I see people throwing money like crazy to get in a property now. It feels like we the pigs already lost the waiting game.[/quote]I’m with SDR on this one- more distress to work through still, more inventory to churn. The economy/housing won’t recover in a straight line,there will be hiccups. With every hiccup, out will come the doomsayers and their I told you the world was gonna end and this was unsustainable diatribes.This will put fear into some-will you be frozen too when your dream house comes up at a decent price?
outtamojo
Participant[quote=LittleMissPiggy]”There will ALWAYS be more homes available.”
Do you really think so? There are not many houses on sale in San Diego right now. That “shadow inventory” is so elusive, that I lost hope for it ever showing up in MLS. Rates are not going to be as low for long.
As someone said in another thread people who were scrupulous and did not buy during the bubble are screwed and mad as hell. I see people throwing money like crazy to get in a property now. It feels like we the pigs already lost the waiting game.[/quote]I’m with SDR on this one- more distress to work through still, more inventory to churn. The economy/housing won’t recover in a straight line,there will be hiccups. With every hiccup, out will come the doomsayers and their I told you the world was gonna end and this was unsustainable diatribes.This will put fear into some-will you be frozen too when your dream house comes up at a decent price?
outtamojo
ParticipantGreat post Davelj! As some walkers in Ca. recently found out, it is too early to proclaim that simply walking away is smart or as easy as some make it out to be.I cringe when I hear such advice given out- it’s not the adviser who’s gonna suffer any consequences, they’ll be long gone just like those loan officers who promised folks they could just refi their teaser loan later into another one.
outtamojo
ParticipantGreat post Davelj! As some walkers in Ca. recently found out, it is too early to proclaim that simply walking away is smart or as easy as some make it out to be.I cringe when I hear such advice given out- it’s not the adviser who’s gonna suffer any consequences, they’ll be long gone just like those loan officers who promised folks they could just refi their teaser loan later into another one.
outtamojo
ParticipantGreat post Davelj! As some walkers in Ca. recently found out, it is too early to proclaim that simply walking away is smart or as easy as some make it out to be.I cringe when I hear such advice given out- it’s not the adviser who’s gonna suffer any consequences, they’ll be long gone just like those loan officers who promised folks they could just refi their teaser loan later into another one.
outtamojo
ParticipantGreat post Davelj! As some walkers in Ca. recently found out, it is too early to proclaim that simply walking away is smart or as easy as some make it out to be.I cringe when I hear such advice given out- it’s not the adviser who’s gonna suffer any consequences, they’ll be long gone just like those loan officers who promised folks they could just refi their teaser loan later into another one.
outtamojo
ParticipantGreat post Davelj! As some walkers in Ca. recently found out, it is too early to proclaim that simply walking away is smart or as easy as some make it out to be.I cringe when I hear such advice given out- it’s not the adviser who’s gonna suffer any consequences, they’ll be long gone just like those loan officers who promised folks they could just refi their teaser loan later into another one.
outtamojo
ParticipantDuvbear, I recommend you peruse the SDL forums – just don’t let yourself get brainwashed by anybody over there : )
http://www.sdlookup.com/Forums/General/tabid/57/view/topics/forumid/617/Default.aspx
outtamojo
ParticipantDuvbear, I recommend you peruse the SDL forums – just don’t let yourself get brainwashed by anybody over there : )
http://www.sdlookup.com/Forums/General/tabid/57/view/topics/forumid/617/Default.aspx
outtamojo
ParticipantDuvbear, I recommend you peruse the SDL forums – just don’t let yourself get brainwashed by anybody over there : )
http://www.sdlookup.com/Forums/General/tabid/57/view/topics/forumid/617/Default.aspx
outtamojo
ParticipantDuvbear, I recommend you peruse the SDL forums – just don’t let yourself get brainwashed by anybody over there : )
http://www.sdlookup.com/Forums/General/tabid/57/view/topics/forumid/617/Default.aspx
outtamojo
ParticipantDuvbear, I recommend you peruse the SDL forums – just don’t let yourself get brainwashed by anybody over there : )
http://www.sdlookup.com/Forums/General/tabid/57/view/topics/forumid/617/Default.aspx
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