[SD Realtor]

Pepsi I don’t see this as a great smoking deal at all. I see this as a home with a poor layout with a tiny yard within spitting distance of high power lines. Just because other people are willing to pay a million bucks for it, or that it went for alot more money in the past doesn’t make it a smoking deal.

[SD Realtor]

Pepsi I don’t see this as a great smoking deal at all. I see this as a home with a poor layout with a tiny yard within spitting distance of high power lines. Just because other people are willing to pay a million bucks for it, or that it went for alot more money in the past doesn’t make it a smoking deal.

[SD Realtor]

Pepsi I don’t see this as a great smoking deal at all. I see this as a home with a poor layout with a tiny yard within spitting distance of high power lines. Just because other people are willing to pay a million bucks for it, or that it went for alot more money in the past doesn’t make it a smoking deal.

[SD Realtor]

Pepsi I don’t see this as a great smoking deal at all. I see this as a home with a poor layout with a tiny yard within spitting distance of high power lines. Just because other people are willing to pay a million bucks for it, or that it went for alot more money in the past doesn’t make it a smoking deal.

[SD Realtor]

Nor LA I think you missed a category. I know of several Piggs who have purchased but in no way think it is a bottom. They purchased because it made sense for them to purchase. They did not call a bottom at all and are prepared for more depreciation. In fact I think this is the case for most all Piggs who have puchased in the past year.

[SD Realtor]

Nor LA I think you missed a category. I know of several Piggs who have purchased but in no way think it is a bottom. They purchased because it made sense for them to purchase. They did not call a bottom at all and are prepared for more depreciation. In fact I think this is the case for most all Piggs who have puchased in the past year.

[SD Realtor]

Nor LA I think you missed a category. I know of several Piggs who have purchased but in no way think it is a bottom. They purchased because it made sense for them to purchase. They did not call a bottom at all and are prepared for more depreciation. In fact I think this is the case for most all Piggs who have puchased in the past year.

[SD Realtor]

Nor LA I think you missed a category. I know of several Piggs who have purchased but in no way think it is a bottom. They purchased because it made sense for them to purchase. They did not call a bottom at all and are prepared for more depreciation. In fact I think this is the case for most all Piggs who have puchased in the past year.

[SD Realtor]

Nor LA I think you missed a category. I know of several Piggs who have purchased but in no way think it is a bottom. They purchased because it made sense for them to purchase. They did not call a bottom at all and are prepared for more depreciation. In fact I think this is the case for most all Piggs who have puchased in the past year.

[SD Realtor]

I don’t know… I think we have seen some sorcery or witchcraft on this site before haven’t we guys?

I think a large issue is affordability is relative to the buyer. For many, affordability is not anywhere close. For some it is. For a two engineer family, affordability is alot different then for the single wage earner with a wife and 3 kids, or for the first time homebuyer.

As far as predicting the bottom, the one thing that I have learned personally is that even the real estate market can be manipulated. I feared this to be true in 06 and 07 when lots of people did the happy dance about all the lenders going belly up and prices crashing by 09 or 10. My fears are not only realized but well surpassed.

I do believe we will see another move downward over the next few years and it will be acoompanied by more manipulative moves. So yeah, we are not at a bottomm, and yeah the show is not yet over by any means with regards to what the government will do to combat the increased foreclosures. Maybe it will be like a groundhog day for the next several years…. Foreclosures and depreciation followed by market manipulation…

[SD Realtor]

I don’t know… I think we have seen some sorcery or witchcraft on this site before haven’t we guys?

I think a large issue is affordability is relative to the buyer. For many, affordability is not anywhere close. For some it is. For a two engineer family, affordability is alot different then for the single wage earner with a wife and 3 kids, or for the first time homebuyer.

As far as predicting the bottom, the one thing that I have learned personally is that even the real estate market can be manipulated. I feared this to be true in 06 and 07 when lots of people did the happy dance about all the lenders going belly up and prices crashing by 09 or 10. My fears are not only realized but well surpassed.

I do believe we will see another move downward over the next few years and it will be acoompanied by more manipulative moves. So yeah, we are not at a bottomm, and yeah the show is not yet over by any means with regards to what the government will do to combat the increased foreclosures. Maybe it will be like a groundhog day for the next several years…. Foreclosures and depreciation followed by market manipulation…

[SD Realtor]

I don’t know… I think we have seen some sorcery or witchcraft on this site before haven’t we guys?

I think a large issue is affordability is relative to the buyer. For many, affordability is not anywhere close. For some it is. For a two engineer family, affordability is alot different then for the single wage earner with a wife and 3 kids, or for the first time homebuyer.

As far as predicting the bottom, the one thing that I have learned personally is that even the real estate market can be manipulated. I feared this to be true in 06 and 07 when lots of people did the happy dance about all the lenders going belly up and prices crashing by 09 or 10. My fears are not only realized but well surpassed.

I do believe we will see another move downward over the next few years and it will be acoompanied by more manipulative moves. So yeah, we are not at a bottomm, and yeah the show is not yet over by any means with regards to what the government will do to combat the increased foreclosures. Maybe it will be like a groundhog day for the next several years…. Foreclosures and depreciation followed by market manipulation…

[SD Realtor]

I don’t know… I think we have seen some sorcery or witchcraft on this site before haven’t we guys?

I think a large issue is affordability is relative to the buyer. For many, affordability is not anywhere close. For some it is. For a two engineer family, affordability is alot different then for the single wage earner with a wife and 3 kids, or for the first time homebuyer.

As far as predicting the bottom, the one thing that I have learned personally is that even the real estate market can be manipulated. I feared this to be true in 06 and 07 when lots of people did the happy dance about all the lenders going belly up and prices crashing by 09 or 10. My fears are not only realized but well surpassed.

I do believe we will see another move downward over the next few years and it will be acoompanied by more manipulative moves. So yeah, we are not at a bottomm, and yeah the show is not yet over by any means with regards to what the government will do to combat the increased foreclosures. Maybe it will be like a groundhog day for the next several years…. Foreclosures and depreciation followed by market manipulation…

[SD Realtor]

I don’t know… I think we have seen some sorcery or witchcraft on this site before haven’t we guys?

I think a large issue is affordability is relative to the buyer. For many, affordability is not anywhere close. For some it is. For a two engineer family, affordability is alot different then for the single wage earner with a wife and 3 kids, or for the first time homebuyer.

As far as predicting the bottom, the one thing that I have learned personally is that even the real estate market can be manipulated. I feared this to be true in 06 and 07 when lots of people did the happy dance about all the lenders going belly up and prices crashing by 09 or 10. My fears are not only realized but well surpassed.

I do believe we will see another move downward over the next few years and it will be acoompanied by more manipulative moves. So yeah, we are not at a bottomm, and yeah the show is not yet over by any means with regards to what the government will do to combat the increased foreclosures. Maybe it will be like a groundhog day for the next several years…. Foreclosures and depreciation followed by market manipulation…

[SD Realtor]

Yep it is a very VERY poor time to shop if you are a buyer looking for a deal. Go back and test the waters. You need a substantial rise in inventory just to get back to normal inventory levels. A rapid rise in rates would help as well but elasticity of pricing usually does not kick until a few months after rates have moved. 10 – 15% depreciation will not happen in 2009 unless something extraordinary happens. Maybe by the end of 2010 and at that we need much more inventory, rate movement, job loss… you know the story.

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