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November 11, 2008 at 12:53 PM in reply to: Just wondering where all the “Bring it on people” are at #303113November 11, 2008 at 12:53 PM in reply to: Just wondering where all the “Bring it on people” are at #303124
peterb
ParticipantI like reading FLU’s analysis. Keeps it real. Thanks.
November 11, 2008 at 12:53 PM in reply to: Just wondering where all the “Bring it on people” are at #303140ParticipantI like reading FLU’s analysis. Keeps it real. Thanks.
November 11, 2008 at 12:53 PM in reply to: Just wondering where all the “Bring it on people” are at #303196ParticipantI like reading FLU’s analysis. Keeps it real. Thanks.
ParticipantTG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.
My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.
ParticipantTG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.
My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.
ParticipantTG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.
My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.
ParticipantTG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.
My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.
ParticipantTG- There was a recent topic started that discussed agents showing preference for a variety of reasons. And in this market, I believe it. I was an agent for about 10 years and I saw lots of sleazy behavior. No shortage in this business.
My guess is that REO’s are probably the sellers most of the time and they have a cadre of brokers they use to get the job done. Does this sound about right to you? I’m not interested in Temecula, but I’m guessing that it’s experiencing roughly the same things as other areas in the state with similar geographical locations and backgrounds.
November 11, 2008 at 11:59 AM in reply to: Just wondering where all the “Bring it on people” are at #302705ParticipantThinking one is safe from unemployment because of working for the govt is dangerous at this time. This aint your dads recession. More like Grandpa’s depression. But tolerance from the masses is not part of the world anymore. People take action these days and if they see taxes rising and people in govt with jobs when they cant get work, there will be a price to pay for this.
November 11, 2008 at 11:59 AM in reply to: Just wondering where all the “Bring it on people” are at #303067ParticipantThinking one is safe from unemployment because of working for the govt is dangerous at this time. This aint your dads recession. More like Grandpa’s depression. But tolerance from the masses is not part of the world anymore. People take action these days and if they see taxes rising and people in govt with jobs when they cant get work, there will be a price to pay for this.
November 11, 2008 at 11:59 AM in reply to: Just wondering where all the “Bring it on people” are at #303079ParticipantThinking one is safe from unemployment because of working for the govt is dangerous at this time. This aint your dads recession. More like Grandpa’s depression. But tolerance from the masses is not part of the world anymore. People take action these days and if they see taxes rising and people in govt with jobs when they cant get work, there will be a price to pay for this.
November 11, 2008 at 11:59 AM in reply to: Just wondering where all the “Bring it on people” are at #303095ParticipantThinking one is safe from unemployment because of working for the govt is dangerous at this time. This aint your dads recession. More like Grandpa’s depression. But tolerance from the masses is not part of the world anymore. People take action these days and if they see taxes rising and people in govt with jobs when they cant get work, there will be a price to pay for this.
November 11, 2008 at 11:59 AM in reply to: Just wondering where all the “Bring it on people” are at #303151ParticipantThinking one is safe from unemployment because of working for the govt is dangerous at this time. This aint your dads recession. More like Grandpa’s depression. But tolerance from the masses is not part of the world anymore. People take action these days and if they see taxes rising and people in govt with jobs when they cant get work, there will be a price to pay for this.
November 11, 2008 at 11:28 AM in reply to: Long time Pigg viewer is trying to run the numbers. #302700ParticipantFletch, Yes, I remember you now. Smart move you made!
My reasoning is based mostly on historical evidence. Market forces are almost impossible to deny. Delay, yes, but not deny. But all this aside, unemployment is really gaining momentum at this point. And unemployment is a killer for RE. How will the govt save people that have no income? I am sketical, to say the least.
Are you in a hurry to buy? Sounds like it’s a little better than renting for you. Financially speaking. Are you concernced about missing the “bottom”?
Think about what the world is going through right now. We’ve just seen a world coordinated interest rate cut. When’s the last time that happened? The last 6 years saw every asset class rise to incredible levels. When was the last time that happened? These are historical events that are exremely rare. The down-side for this is really bad.
Massive bank failures and zombifications. State and local govt starting to go BK. Now GM,Ford and all auto makers are in serious do-do.My advice to anyone in this evironment is to stay liquid and reduce all costs. Eliminate debt. Have cash ready for the future.The more, the better. This is a major contraction in the works. I dont even think that govt jobs may be safe.
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