[sdduuuude]

I think this is a good question. I used this argument a couple of times when powayseller was on her “60% drop” rampage.

I guess the two answers are:
1) Yes people sold houses for a lot of money, but many re-financed cash out. i.e. what was their equity? Keep in mind, spending has outpaced income recently, so there are a bunch of sellers who got out, but not necessarily with alot of money to play with.

2) For those who are sitting on some cash made from selling near the top, I would suspect their money won’t come into the game until very late.

I think this money will help mitigate the size of the price reductions to some extent, but won’t bring the recovery any faster. The market will flounder for a long time while that money sits on the side and waits. Still a long way to go before that money comes back to the game.

[sdduuuude]

The question you should ask yourself is – “Am I willing to spend $38,000 to teach my wife to listen to me next time?”

Or, is this the time to let her know that bad financial decisions are not an acceptable part of your marriage, regarless of any crying, whining, pouting, or other kind of pressure. And that crying whining, pouting, and pressuring isn’t the way to get what she wants.

The other guy’s point about “if she makes the money, then make her buy the condo” is also valid. Maybe tell her when she can put her own $38K down-payment on the place, you’ll buy it.

[sdduuuude]

boldus expelliarmus !

This one’s for you one_muggle.

[sdduuuude]

boldus expelliarmus !

This one’s for you one_muggle.

[sdduuuude]

boldus expelliarmus !

This one’s for you one_muggle.

[sdduuuude]

Schizo – one thing you have to learn is to quit looking at the absolute inventory number.

Instead – look at months of inventory – calculated as inventory at the end of the month divided by the number of sales in that month.

Or, inventory at the end of the year, divided by the number of sales in the past year, then multiply by 12.

This tells you how much inventory there is RELATIVE to the number of buyers, which really gives you the supply/demand information you need to make a basic economic assessment.

As you may have heard, the national number is 9.2 months of inventory – the highest in 16 years.

[sdduuuude]

Schizo – one thing you have to learn is to quit looking at the absolute inventory number.

Instead – look at months of inventory – calculated as inventory at the end of the month divided by the number of sales in that month.

Or, inventory at the end of the year, divided by the number of sales in the past year, then multiply by 12.

This tells you how much inventory there is RELATIVE to the number of buyers, which really gives you the supply/demand information you need to make a basic economic assessment.

As you may have heard, the national number is 9.2 months of inventory – the highest in 16 years.

[sdduuuude]

Schizo – one thing you have to learn is to quit looking at the absolute inventory number.

Instead – look at months of inventory – calculated as inventory at the end of the month divided by the number of sales in that month.

Or, inventory at the end of the year, divided by the number of sales in the past year, then multiply by 12.

This tells you how much inventory there is RELATIVE to the number of buyers, which really gives you the supply/demand information you need to make a basic economic assessment.

As you may have heard, the national number is 9.2 months of inventory – the highest in 16 years.

[sdduuuude]

Long ago on Piggington, some genius wrote (and I paraphrase):

Looking for a foreclosure? Follow a Hummer home.

I think of that, literally, every time I see one.

[sdduuuude]

Long ago on Piggington, some genius wrote (and I paraphrase):

Looking for a foreclosure? Follow a Hummer home.

I think of that, literally, every time I see one.

[sdduuuude]

Long ago on Piggington, some genius wrote (and I paraphrase):

Looking for a foreclosure? Follow a Hummer home.

I think of that, literally, every time I see one.

[sdduuuude]

Scizo,

First of all, you should look at months of inventory rather than raw inventory numbers. Months of inventory considers the inventory relative to sales.

Also, I sugget you read this, to make you less scizo and more patient:

Sales and Foreclosures

As Prof Piggington has said many-a-time, it isn’t the absolute inventory that really matters, but the portion of inventory that must sell.

[sdduuuude]

Scizo,

First of all, you should look at months of inventory rather than raw inventory numbers. Months of inventory considers the inventory relative to sales.

Also, I sugget you read this, to make you less scizo and more patient:

Sales and Foreclosures

As Prof Piggington has said many-a-time, it isn’t the absolute inventory that really matters, but the portion of inventory that must sell.

[sdduuuude]

Scizo,

First of all, you should look at months of inventory rather than raw inventory numbers. Months of inventory considers the inventory relative to sales.

Also, I sugget you read this, to make you less scizo and more patient:

Sales and Foreclosures

As Prof Piggington has said many-a-time, it isn’t the absolute inventory that really matters, but the portion of inventory that must sell.

[sdduuuude]

“secret land manufacturing deal”

HAHAHAHAHAHA. Oh, that’s rich !

[Author]

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