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sdduuuude
Participant“secret land manufacturing deal”
HAHAHAHAHAHA. Oh, that’s rich !
August 20, 2007 at 5:00 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78450ParticipantAugust 20, 2007 at 5:00 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78577ParticipantAugust 20, 2007 at 5:00 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78599ParticipantAugust 20, 2007 at 4:41 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78438Participantdavelj – were you around for the “Rich poo poo head” thread. If you missed it, you need to find it and read it. I think that will answer all your questions.
August 20, 2007 at 4:41 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78564Participantdavelj – were you around for the “Rich poo poo head” thread. If you missed it, you need to find it and read it. I think that will answer all your questions.
August 20, 2007 at 4:41 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78587Participantdavelj – were you around for the “Rich poo poo head” thread. If you missed it, you need to find it and read it. I think that will answer all your questions.
ParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
ParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
ParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
August 20, 2007 at 3:51 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78420ParticipantCan you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.
I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.August 20, 2007 at 3:51 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78546ParticipantCan you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.
I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.August 20, 2007 at 3:51 PM in reply to: Revenge of Nostradumbass: REO auction San Diego from WSJ. #78568ParticipantCan you link to the thread where Nostradumbass was first coined? It’s a true classic. I searched on it but this was the only thread that came up.
I think we need a Nostradumbass award.
A certain S&P 500 thread I know of comes to mind.ParticipantP.S. It’s a good question, though – it gives the bears a chance to qualify their position a bit and point out that we are not, in fact against logical financial decisions and against housing in general. The numbers just don’t work right now.
I predict someday this forum will be the forum of crazy people who want to buy real estate after it collapses when everyone is afraid to. Maybe powayseller will even come back as powaybuyer.
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