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peterb
ParticipantI dont see the point of listing prices. It’s not a sale, it’s an arbitrary thing controlled by the selling party. I’ve done all kinds of pricing strategies when I’ve sold a property. All that matters is the closing price. The transaction.
The govt is making money very cheap and restricting inventory. All very out in the open and on purpose. I dont see how this can be construed as a “Bullish” sign for residential RE?ParticipantI dont see the point of listing prices. It’s not a sale, it’s an arbitrary thing controlled by the selling party. I’ve done all kinds of pricing strategies when I’ve sold a property. All that matters is the closing price. The transaction.
The govt is making money very cheap and restricting inventory. All very out in the open and on purpose. I dont see how this can be construed as a “Bullish” sign for residential RE?ParticipantI dont see the point of listing prices. It’s not a sale, it’s an arbitrary thing controlled by the selling party. I’ve done all kinds of pricing strategies when I’ve sold a property. All that matters is the closing price. The transaction.
The govt is making money very cheap and restricting inventory. All very out in the open and on purpose. I dont see how this can be construed as a “Bullish” sign for residential RE?May 4, 2009 at 10:48 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393073ParticipantI dont always agree with TG, but the guy does his home work and has valid arguements for his logic. He seems to know the area very well. That’s worth a lot in the RE business. Nuff said.
May 4, 2009 at 10:48 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393333ParticipantI dont always agree with TG, but the guy does his home work and has valid arguements for his logic. He seems to know the area very well. That’s worth a lot in the RE business. Nuff said.
May 4, 2009 at 10:48 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393541ParticipantI dont always agree with TG, but the guy does his home work and has valid arguements for his logic. He seems to know the area very well. That’s worth a lot in the RE business. Nuff said.
May 4, 2009 at 10:48 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393594ParticipantI dont always agree with TG, but the guy does his home work and has valid arguements for his logic. He seems to know the area very well. That’s worth a lot in the RE business. Nuff said.
May 4, 2009 at 10:48 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393735ParticipantI dont always agree with TG, but the guy does his home work and has valid arguements for his logic. He seems to know the area very well. That’s worth a lot in the RE business. Nuff said.
May 4, 2009 at 2:29 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #392736ParticipantTG should chime in on this
May 4, 2009 at 2:29 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393000ParticipantTG should chime in on this
May 4, 2009 at 2:29 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393210ParticipantTG should chime in on this
May 4, 2009 at 2:29 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393262ParticipantTG should chime in on this
May 4, 2009 at 2:29 PM in reply to: There seems to be an increase in foreclosure listings inTemecula #393402ParticipantTG should chime in on this
ParticipantAll the data points to this sector of housing to be the next place to take a dive. But your location is highly desireable. So it fights the down draft fairly hard. I would think that 10% to 20% reductions in the next 12 months would not be out of line. Look how long the homes are staying on the market. If you can wait, I would. Things are not getting better any time soon.
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