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peterb
ParticipantTiming is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.
ParticipantTiming is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.
ParticipantTiming is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.
ParticipantTiming is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.
ParticipantExurbs are becoming the new ganglands of CA. It’s happening in NorCal as well.
ParticipantExurbs are becoming the new ganglands of CA. It’s happening in NorCal as well.
ParticipantExurbs are becoming the new ganglands of CA. It’s happening in NorCal as well.
ParticipantExurbs are becoming the new ganglands of CA. It’s happening in NorCal as well.
ParticipantExurbs are becoming the new ganglands of CA. It’s happening in NorCal as well.
ParticipantIf some fund just bought your mortgage at 5% face value, they could offer you a 50% discount and still make lots of money. Your mortgage was $400K, they paid $20K for it,and resell it to you for $200K. Thus avoiding tons of transactional fees. Oh, but wait a second….you still have to figure out where you’re gonna get that $200k??!!
ParticipantIf some fund just bought your mortgage at 5% face value, they could offer you a 50% discount and still make lots of money. Your mortgage was $400K, they paid $20K for it,and resell it to you for $200K. Thus avoiding tons of transactional fees. Oh, but wait a second….you still have to figure out where you’re gonna get that $200k??!!
ParticipantIf some fund just bought your mortgage at 5% face value, they could offer you a 50% discount and still make lots of money. Your mortgage was $400K, they paid $20K for it,and resell it to you for $200K. Thus avoiding tons of transactional fees. Oh, but wait a second….you still have to figure out where you’re gonna get that $200k??!!
ParticipantIf some fund just bought your mortgage at 5% face value, they could offer you a 50% discount and still make lots of money. Your mortgage was $400K, they paid $20K for it,and resell it to you for $200K. Thus avoiding tons of transactional fees. Oh, but wait a second….you still have to figure out where you’re gonna get that $200k??!!
ParticipantIf some fund just bought your mortgage at 5% face value, they could offer you a 50% discount and still make lots of money. Your mortgage was $400K, they paid $20K for it,and resell it to you for $200K. Thus avoiding tons of transactional fees. Oh, but wait a second….you still have to figure out where you’re gonna get that $200k??!!
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