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April 27, 2010 at 6:16 PM in reply to: I am in Escrow, but extremely nervous now…what should I do. #544351April 27, 2010 at 6:16 PM in reply to: I am in Escrow, but extremely nervous now…what should I do. #544826
SD Realtor
ParticipantYou should be nervous. It is a very unsettling time to buy a home right now. I agree that the shadow inventory is disturbing but I am much more concerned about how things will be when the world comes to a realization that our country simply spends to much money and the bond market either collapses or interest rates move sharply upward. That will have a more profound effect, more then the inventory issue in my opinion. However the big question is, how long will this take to happen. Then again some people look at it like, they are happy to have a 5% mortgage when we could see way way way higher mortgages in the future, just how much will prices adjust is the real question and again, how long will this take. We have gotten good at kicking the can.
April 27, 2010 at 6:16 PM in reply to: I am in Escrow, but extremely nervous now…what should I do. #544922SD Realtor
ParticipantYou should be nervous. It is a very unsettling time to buy a home right now. I agree that the shadow inventory is disturbing but I am much more concerned about how things will be when the world comes to a realization that our country simply spends to much money and the bond market either collapses or interest rates move sharply upward. That will have a more profound effect, more then the inventory issue in my opinion. However the big question is, how long will this take to happen. Then again some people look at it like, they are happy to have a 5% mortgage when we could see way way way higher mortgages in the future, just how much will prices adjust is the real question and again, how long will this take. We have gotten good at kicking the can.
April 27, 2010 at 6:16 PM in reply to: I am in Escrow, but extremely nervous now…what should I do. #545195SD Realtor
ParticipantYou should be nervous. It is a very unsettling time to buy a home right now. I agree that the shadow inventory is disturbing but I am much more concerned about how things will be when the world comes to a realization that our country simply spends to much money and the bond market either collapses or interest rates move sharply upward. That will have a more profound effect, more then the inventory issue in my opinion. However the big question is, how long will this take to happen. Then again some people look at it like, they are happy to have a 5% mortgage when we could see way way way higher mortgages in the future, just how much will prices adjust is the real question and again, how long will this take. We have gotten good at kicking the can.
SD Realtor
ParticipantYes Rus I am libertarian since 88 and did vote for Bush, twice in fact. He was horrendous. As far as what Bill does, I don’t care what anyone says, I do not believe it is a victimless crime. As I stated, Bill does what he wants to do but in my opinion it is playing right into the hands of what the govt and the banks want people to do. I think this behavior does help reduce inventory by simply kicking the can down the road and does alleviate the banks of dealing with uninhabited homes. Just my opinion.
As for Bill talking about living the life of a rockstar that is his choice as well. As far as me being judgemental, sure I admit to it freely. I have no problem passing judgement of character. I do it everyday with everyone I meet and everyone I deal with. I judge whether certain clients are worth my time, and I judge whether I think people are trustworthy or not. It doesn’t bother me in the least to admit that.
SD Realtor
ParticipantYes Rus I am libertarian since 88 and did vote for Bush, twice in fact. He was horrendous. As far as what Bill does, I don’t care what anyone says, I do not believe it is a victimless crime. As I stated, Bill does what he wants to do but in my opinion it is playing right into the hands of what the govt and the banks want people to do. I think this behavior does help reduce inventory by simply kicking the can down the road and does alleviate the banks of dealing with uninhabited homes. Just my opinion.
As for Bill talking about living the life of a rockstar that is his choice as well. As far as me being judgemental, sure I admit to it freely. I have no problem passing judgement of character. I do it everyday with everyone I meet and everyone I deal with. I judge whether certain clients are worth my time, and I judge whether I think people are trustworthy or not. It doesn’t bother me in the least to admit that.
SD Realtor
ParticipantYes Rus I am libertarian since 88 and did vote for Bush, twice in fact. He was horrendous. As far as what Bill does, I don’t care what anyone says, I do not believe it is a victimless crime. As I stated, Bill does what he wants to do but in my opinion it is playing right into the hands of what the govt and the banks want people to do. I think this behavior does help reduce inventory by simply kicking the can down the road and does alleviate the banks of dealing with uninhabited homes. Just my opinion.
As for Bill talking about living the life of a rockstar that is his choice as well. As far as me being judgemental, sure I admit to it freely. I have no problem passing judgement of character. I do it everyday with everyone I meet and everyone I deal with. I judge whether certain clients are worth my time, and I judge whether I think people are trustworthy or not. It doesn’t bother me in the least to admit that.
SD Realtor
ParticipantYes Rus I am libertarian since 88 and did vote for Bush, twice in fact. He was horrendous. As far as what Bill does, I don’t care what anyone says, I do not believe it is a victimless crime. As I stated, Bill does what he wants to do but in my opinion it is playing right into the hands of what the govt and the banks want people to do. I think this behavior does help reduce inventory by simply kicking the can down the road and does alleviate the banks of dealing with uninhabited homes. Just my opinion.
As for Bill talking about living the life of a rockstar that is his choice as well. As far as me being judgemental, sure I admit to it freely. I have no problem passing judgement of character. I do it everyday with everyone I meet and everyone I deal with. I judge whether certain clients are worth my time, and I judge whether I think people are trustworthy or not. It doesn’t bother me in the least to admit that.
SD Realtor
ParticipantYes Rus I am libertarian since 88 and did vote for Bush, twice in fact. He was horrendous. As far as what Bill does, I don’t care what anyone says, I do not believe it is a victimless crime. As I stated, Bill does what he wants to do but in my opinion it is playing right into the hands of what the govt and the banks want people to do. I think this behavior does help reduce inventory by simply kicking the can down the road and does alleviate the banks of dealing with uninhabited homes. Just my opinion.
As for Bill talking about living the life of a rockstar that is his choice as well. As far as me being judgemental, sure I admit to it freely. I have no problem passing judgement of character. I do it everyday with everyone I meet and everyone I deal with. I judge whether certain clients are worth my time, and I judge whether I think people are trustworthy or not. It doesn’t bother me in the least to admit that.
SD Realtor
ParticipantI know CAR… you FLU, JP and I will have to have to drown our sorrows one day.
The engineers are all types… hardware, software, systems guys… it is a fair mix. Things they have in common is that they are all intelligent. Also none of them do not claim to think they are buying at the bottom….most of them are pretty much fed up with waiting, fed up with the govt… just kind of throwing in the towel.
The industries vary as well but telecom is the predominant one.
Yes the majority of them are of different nationalities. Those darn asians… jeez you would think they would quit working so hard, getting good educations and then getting well paying jobs and then working hard to accel in their professions. How dare they!
SD Realtor
ParticipantI know CAR… you FLU, JP and I will have to have to drown our sorrows one day.
The engineers are all types… hardware, software, systems guys… it is a fair mix. Things they have in common is that they are all intelligent. Also none of them do not claim to think they are buying at the bottom….most of them are pretty much fed up with waiting, fed up with the govt… just kind of throwing in the towel.
The industries vary as well but telecom is the predominant one.
Yes the majority of them are of different nationalities. Those darn asians… jeez you would think they would quit working so hard, getting good educations and then getting well paying jobs and then working hard to accel in their professions. How dare they!
SD Realtor
ParticipantI know CAR… you FLU, JP and I will have to have to drown our sorrows one day.
The engineers are all types… hardware, software, systems guys… it is a fair mix. Things they have in common is that they are all intelligent. Also none of them do not claim to think they are buying at the bottom….most of them are pretty much fed up with waiting, fed up with the govt… just kind of throwing in the towel.
The industries vary as well but telecom is the predominant one.
Yes the majority of them are of different nationalities. Those darn asians… jeez you would think they would quit working so hard, getting good educations and then getting well paying jobs and then working hard to accel in their professions. How dare they!
SD Realtor
ParticipantI know CAR… you FLU, JP and I will have to have to drown our sorrows one day.
The engineers are all types… hardware, software, systems guys… it is a fair mix. Things they have in common is that they are all intelligent. Also none of them do not claim to think they are buying at the bottom….most of them are pretty much fed up with waiting, fed up with the govt… just kind of throwing in the towel.
The industries vary as well but telecom is the predominant one.
Yes the majority of them are of different nationalities. Those darn asians… jeez you would think they would quit working so hard, getting good educations and then getting well paying jobs and then working hard to accel in their professions. How dare they!
SD Realtor
ParticipantI know CAR… you FLU, JP and I will have to have to drown our sorrows one day.
The engineers are all types… hardware, software, systems guys… it is a fair mix. Things they have in common is that they are all intelligent. Also none of them do not claim to think they are buying at the bottom….most of them are pretty much fed up with waiting, fed up with the govt… just kind of throwing in the towel.
The industries vary as well but telecom is the predominant one.
Yes the majority of them are of different nationalities. Those darn asians… jeez you would think they would quit working so hard, getting good educations and then getting well paying jobs and then working hard to accel in their professions. How dare they!
SD Realtor
ParticipantI guess I lose then because most everyone I meet says I sound so much younger on the phone.
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