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sdduuuude
ParticipantThis was a neat little bit. Thanks for posting it. I’m posting to bump this to the top so more people can give it a listen.
I can’t say there were major revelations in there for long-time Piggs, but they did a great job of bringing in actual people in the mortgage industry food chain. You can see how the different personalities of each individual played a part, and you get alot of detail on what each part entailed.
I think it serves as a great summary piece for those who don’t watch the market as deeply as some of the housing geeks, I mean forum members, here.
Maybe Rich should put a link to this at the top with the Bubble Primer.
ParticipantThis was a neat little bit. Thanks for posting it. I’m posting to bump this to the top so more people can give it a listen.
I can’t say there were major revelations in there for long-time Piggs, but they did a great job of bringing in actual people in the mortgage industry food chain. You can see how the different personalities of each individual played a part, and you get alot of detail on what each part entailed.
I think it serves as a great summary piece for those who don’t watch the market as deeply as some of the housing geeks, I mean forum members, here.
Maybe Rich should put a link to this at the top with the Bubble Primer.
ParticipantThis was a neat little bit. Thanks for posting it. I’m posting to bump this to the top so more people can give it a listen.
I can’t say there were major revelations in there for long-time Piggs, but they did a great job of bringing in actual people in the mortgage industry food chain. You can see how the different personalities of each individual played a part, and you get alot of detail on what each part entailed.
I think it serves as a great summary piece for those who don’t watch the market as deeply as some of the housing geeks, I mean forum members, here.
Maybe Rich should put a link to this at the top with the Bubble Primer.
ParticipantFSD:
I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.
Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.
ParticipantFSD:
I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.
Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.
ParticipantFSD:
I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.
Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.
ParticipantFSD:
I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.
Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.
ParticipantFSD:
I think the pool of willing buyers will dry up due to factors unrelated to price such as credit unavailability, weak employment market, and market psychology. This will help pull the price down.
Of course, there would be more buyers at a lower price than at a higher price, but not enough to counter act the non-price influences on the demand to see an increase in sales at a lower price.
ParticipantIf you don’t have to worry about the school district, why buy in North County at all ? I have no idea. Maybe Encinitas or Leucadia if you don’t have to work every day.
If you don’t feel the need to be close to LA, I’d suggest looking in University City or Bay Park down in the central part of San Diego.
University City has some great 50’s homes (which I like as they are built well) in really nice neighborhoods. No HOA/Mello Roos either. For the same price, compared to Oceanside, you would probably get a smaller house, but it would be closer to more fun “San Diego” things like Mission Bay, La Jolla beaches, and Downtown.
Bay Park and Bay Ho have remarkable views of Downtown and Mission Bay. Sometimes the sloped lots force you into a deck instead of a yard, but other canyon/view lots can be stunning.
I think a million in either place would get you a good house on an awesome lot.
Some say the three most important words in real estate are “location, location, location” but I’m starting to think they are “space between houses”. So many new developments build them soooo close together.
ParticipantIf you don’t have to worry about the school district, why buy in North County at all ? I have no idea. Maybe Encinitas or Leucadia if you don’t have to work every day.
If you don’t feel the need to be close to LA, I’d suggest looking in University City or Bay Park down in the central part of San Diego.
University City has some great 50’s homes (which I like as they are built well) in really nice neighborhoods. No HOA/Mello Roos either. For the same price, compared to Oceanside, you would probably get a smaller house, but it would be closer to more fun “San Diego” things like Mission Bay, La Jolla beaches, and Downtown.
Bay Park and Bay Ho have remarkable views of Downtown and Mission Bay. Sometimes the sloped lots force you into a deck instead of a yard, but other canyon/view lots can be stunning.
I think a million in either place would get you a good house on an awesome lot.
Some say the three most important words in real estate are “location, location, location” but I’m starting to think they are “space between houses”. So many new developments build them soooo close together.
ParticipantIf you don’t have to worry about the school district, why buy in North County at all ? I have no idea. Maybe Encinitas or Leucadia if you don’t have to work every day.
If you don’t feel the need to be close to LA, I’d suggest looking in University City or Bay Park down in the central part of San Diego.
University City has some great 50’s homes (which I like as they are built well) in really nice neighborhoods. No HOA/Mello Roos either. For the same price, compared to Oceanside, you would probably get a smaller house, but it would be closer to more fun “San Diego” things like Mission Bay, La Jolla beaches, and Downtown.
Bay Park and Bay Ho have remarkable views of Downtown and Mission Bay. Sometimes the sloped lots force you into a deck instead of a yard, but other canyon/view lots can be stunning.
I think a million in either place would get you a good house on an awesome lot.
Some say the three most important words in real estate are “location, location, location” but I’m starting to think they are “space between houses”. So many new developments build them soooo close together.
ParticipantIf you don’t have to worry about the school district, why buy in North County at all ? I have no idea. Maybe Encinitas or Leucadia if you don’t have to work every day.
If you don’t feel the need to be close to LA, I’d suggest looking in University City or Bay Park down in the central part of San Diego.
University City has some great 50’s homes (which I like as they are built well) in really nice neighborhoods. No HOA/Mello Roos either. For the same price, compared to Oceanside, you would probably get a smaller house, but it would be closer to more fun “San Diego” things like Mission Bay, La Jolla beaches, and Downtown.
Bay Park and Bay Ho have remarkable views of Downtown and Mission Bay. Sometimes the sloped lots force you into a deck instead of a yard, but other canyon/view lots can be stunning.
I think a million in either place would get you a good house on an awesome lot.
Some say the three most important words in real estate are “location, location, location” but I’m starting to think they are “space between houses”. So many new developments build them soooo close together.
ParticipantIf you don’t have to worry about the school district, why buy in North County at all ? I have no idea. Maybe Encinitas or Leucadia if you don’t have to work every day.
If you don’t feel the need to be close to LA, I’d suggest looking in University City or Bay Park down in the central part of San Diego.
University City has some great 50’s homes (which I like as they are built well) in really nice neighborhoods. No HOA/Mello Roos either. For the same price, compared to Oceanside, you would probably get a smaller house, but it would be closer to more fun “San Diego” things like Mission Bay, La Jolla beaches, and Downtown.
Bay Park and Bay Ho have remarkable views of Downtown and Mission Bay. Sometimes the sloped lots force you into a deck instead of a yard, but other canyon/view lots can be stunning.
I think a million in either place would get you a good house on an awesome lot.
Some say the three most important words in real estate are “location, location, location” but I’m starting to think they are “space between houses”. So many new developments build them soooo close together.
ParticipantUh. The bottom will be more like:
“Yet another REO in SEH priced aggressively and still not sold after 3 months.”
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