Forum Replies Created
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SD Realtor
ParticipantI will try to look at numbers tonite CAR but from my recollection the volume of sales was up fairly substantially over last year for many zips. Not just the low end ones either as people like to downplay it.
If I do not get numbers to you tonite please bump the thread again as I am super swamped and tomorrow will have more time.
SD Realtor
ParticipantI will try to look at numbers tonite CAR but from my recollection the volume of sales was up fairly substantially over last year for many zips. Not just the low end ones either as people like to downplay it.
If I do not get numbers to you tonite please bump the thread again as I am super swamped and tomorrow will have more time.
SD Realtor
ParticipantI will try to look at numbers tonite CAR but from my recollection the volume of sales was up fairly substantially over last year for many zips. Not just the low end ones either as people like to downplay it.
If I do not get numbers to you tonite please bump the thread again as I am super swamped and tomorrow will have more time.
SD Realtor
Participantsdr I know the “guy” you are talking about. He has a new and improved policy where you email everything in and he says he will get back to you in a day. I just sent an offer into him and guess what, 3 days and no response. Also if you look at his success rate of actual solds verses how many of those listings expire or get cancelled it is pretty weak.
One thing that all buyers should know when working with short sales is that ALOT depends on the listing agent.
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Back to the main thread, as adverserial as we are, most of our threads are actually in the same vein. Your spring prediction was golden. I have been saying for years, yes literally years that my biggest fear of this depreciation cycle was the lengths that our government would go to suppress it. Some of those measures have been overt and direct, while others have been more indirect. This behavior will continue and perhaps increase.
I do believe that we need substantial catalysts to help buyers out and I just don’t see them in the short run. My hope is/was the inventory, hopefully an imminent burst in foreclosures, and at some point it will shift to interest rate hikes. I agree we will see them start to run up but I don’t think they will be the monster hikes. IMO those will not happen for awhile yet. I am not a bond market expert though so I don’t know.
SD Realtor
Participantsdr I know the “guy” you are talking about. He has a new and improved policy where you email everything in and he says he will get back to you in a day. I just sent an offer into him and guess what, 3 days and no response. Also if you look at his success rate of actual solds verses how many of those listings expire or get cancelled it is pretty weak.
One thing that all buyers should know when working with short sales is that ALOT depends on the listing agent.
********
Back to the main thread, as adverserial as we are, most of our threads are actually in the same vein. Your spring prediction was golden. I have been saying for years, yes literally years that my biggest fear of this depreciation cycle was the lengths that our government would go to suppress it. Some of those measures have been overt and direct, while others have been more indirect. This behavior will continue and perhaps increase.
I do believe that we need substantial catalysts to help buyers out and I just don’t see them in the short run. My hope is/was the inventory, hopefully an imminent burst in foreclosures, and at some point it will shift to interest rate hikes. I agree we will see them start to run up but I don’t think they will be the monster hikes. IMO those will not happen for awhile yet. I am not a bond market expert though so I don’t know.
SD Realtor
Participantsdr I know the “guy” you are talking about. He has a new and improved policy where you email everything in and he says he will get back to you in a day. I just sent an offer into him and guess what, 3 days and no response. Also if you look at his success rate of actual solds verses how many of those listings expire or get cancelled it is pretty weak.
One thing that all buyers should know when working with short sales is that ALOT depends on the listing agent.
********
Back to the main thread, as adverserial as we are, most of our threads are actually in the same vein. Your spring prediction was golden. I have been saying for years, yes literally years that my biggest fear of this depreciation cycle was the lengths that our government would go to suppress it. Some of those measures have been overt and direct, while others have been more indirect. This behavior will continue and perhaps increase.
I do believe that we need substantial catalysts to help buyers out and I just don’t see them in the short run. My hope is/was the inventory, hopefully an imminent burst in foreclosures, and at some point it will shift to interest rate hikes. I agree we will see them start to run up but I don’t think they will be the monster hikes. IMO those will not happen for awhile yet. I am not a bond market expert though so I don’t know.
SD Realtor
Participantsdr I know the “guy” you are talking about. He has a new and improved policy where you email everything in and he says he will get back to you in a day. I just sent an offer into him and guess what, 3 days and no response. Also if you look at his success rate of actual solds verses how many of those listings expire or get cancelled it is pretty weak.
One thing that all buyers should know when working with short sales is that ALOT depends on the listing agent.
********
Back to the main thread, as adverserial as we are, most of our threads are actually in the same vein. Your spring prediction was golden. I have been saying for years, yes literally years that my biggest fear of this depreciation cycle was the lengths that our government would go to suppress it. Some of those measures have been overt and direct, while others have been more indirect. This behavior will continue and perhaps increase.
I do believe that we need substantial catalysts to help buyers out and I just don’t see them in the short run. My hope is/was the inventory, hopefully an imminent burst in foreclosures, and at some point it will shift to interest rate hikes. I agree we will see them start to run up but I don’t think they will be the monster hikes. IMO those will not happen for awhile yet. I am not a bond market expert though so I don’t know.
SD Realtor
Participantsdr I know the “guy” you are talking about. He has a new and improved policy where you email everything in and he says he will get back to you in a day. I just sent an offer into him and guess what, 3 days and no response. Also if you look at his success rate of actual solds verses how many of those listings expire or get cancelled it is pretty weak.
One thing that all buyers should know when working with short sales is that ALOT depends on the listing agent.
********
Back to the main thread, as adverserial as we are, most of our threads are actually in the same vein. Your spring prediction was golden. I have been saying for years, yes literally years that my biggest fear of this depreciation cycle was the lengths that our government would go to suppress it. Some of those measures have been overt and direct, while others have been more indirect. This behavior will continue and perhaps increase.
I do believe that we need substantial catalysts to help buyers out and I just don’t see them in the short run. My hope is/was the inventory, hopefully an imminent burst in foreclosures, and at some point it will shift to interest rate hikes. I agree we will see them start to run up but I don’t think they will be the monster hikes. IMO those will not happen for awhile yet. I am not a bond market expert though so I don’t know.
SD Realtor
ParticipantJust to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.
SD Realtor
ParticipantJust to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.
SD Realtor
ParticipantJust to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.
SD Realtor
ParticipantJust to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.
SD Realtor
ParticipantJust to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.
SD Realtor
ParticipantI cannot think of a more rational thing to implement. We have been discussing this measure for months, dare I say even a year. This is not any scare tactic or anything of the sort. In fact this is something that provides more transparency to the market for consumers.
Just because there is a listing that has an offer into the lender doesn’t mean that you the buyer have to pass on it. You can call and see if you can submit a backup offer
As I recall a few months ago there were all of two people who stood here and posted how the effective active inventory was much lower then what everyone thought. In fact that entire thread got pretty nasty. If a measure like this was in place back then, we would not have had to debate about that because it would have been there for everyone to see.
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