[sdrealtor]

Foreign buyers closed on their property and are very happy as Euro exchange has decreased their buying power since then. Cash buyers closed and are closing as we speak on various transactions I am involved with on the buying and/or selling side.

[sdrealtor]

peterb
All the action isnt in the highly desireable areas right now it is in the highly distressed areas. This is where the base is forming and what the market will build on going forward. If I am not mistaken, what you saw in the early 90’s was very different in that the collapse came top down as opposed to bottom up this time.

I hate to say it but it really might be different here.

sdr

[sdrealtor]

peterb
All the action isnt in the highly desireable areas right now it is in the highly distressed areas. This is where the base is forming and what the market will build on going forward. If I am not mistaken, what you saw in the early 90’s was very different in that the collapse came top down as opposed to bottom up this time.

I hate to say it but it really might be different here.

sdr

[sdrealtor]

peterb
All the action isnt in the highly desireable areas right now it is in the highly distressed areas. This is where the base is forming and what the market will build on going forward. If I am not mistaken, what you saw in the early 90’s was very different in that the collapse came top down as opposed to bottom up this time.

I hate to say it but it really might be different here.

sdr

[sdrealtor]

peterb
All the action isnt in the highly desireable areas right now it is in the highly distressed areas. This is where the base is forming and what the market will build on going forward. If I am not mistaken, what you saw in the early 90’s was very different in that the collapse came top down as opposed to bottom up this time.

I hate to say it but it really might be different here.

sdr

[sdrealtor]

peterb
All the action isnt in the highly desireable areas right now it is in the highly distressed areas. This is where the base is forming and what the market will build on going forward. If I am not mistaken, what you saw in the early 90’s was very different in that the collapse came top down as opposed to bottom up this time.

I hate to say it but it really might be different here.

sdr

[sdrealtor]

Si, but as I said I am simply exploiting a niche and still do not believe the big boys will be supplanted. Someday I will probably go back after I’ve milked this niche for what it is worth. The truth is, the most successful people I know in RE operate as true professionals and run an operationally sound business. They are all with the big boys and make far more than I ever will in this business because they are willing to whore themselves out with their pictures on Shopping Carts and Bus Stops. I just value my personal privacy too much to ever be so high profile. It’s just not worth the money to me.

[sdrealtor]

Si, but as I said I am simply exploiting a niche and still do not believe the big boys will be supplanted. Someday I will probably go back after I’ve milked this niche for what it is worth. The truth is, the most successful people I know in RE operate as true professionals and run an operationally sound business. They are all with the big boys and make far more than I ever will in this business because they are willing to whore themselves out with their pictures on Shopping Carts and Bus Stops. I just value my personal privacy too much to ever be so high profile. It’s just not worth the money to me.

[sdrealtor]

Si, but as I said I am simply exploiting a niche and still do not believe the big boys will be supplanted. Someday I will probably go back after I’ve milked this niche for what it is worth. The truth is, the most successful people I know in RE operate as true professionals and run an operationally sound business. They are all with the big boys and make far more than I ever will in this business because they are willing to whore themselves out with their pictures on Shopping Carts and Bus Stops. I just value my personal privacy too much to ever be so high profile. It’s just not worth the money to me.

[sdrealtor]

Si, but as I said I am simply exploiting a niche and still do not believe the big boys will be supplanted. Someday I will probably go back after I’ve milked this niche for what it is worth. The truth is, the most successful people I know in RE operate as true professionals and run an operationally sound business. They are all with the big boys and make far more than I ever will in this business because they are willing to whore themselves out with their pictures on Shopping Carts and Bus Stops. I just value my personal privacy too much to ever be so high profile. It’s just not worth the money to me.

[sdrealtor]

Si, but as I said I am simply exploiting a niche and still do not believe the big boys will be supplanted. Someday I will probably go back after I’ve milked this niche for what it is worth. The truth is, the most successful people I know in RE operate as true professionals and run an operationally sound business. They are all with the big boys and make far more than I ever will in this business because they are willing to whore themselves out with their pictures on Shopping Carts and Bus Stops. I just value my personal privacy too much to ever be so high profile. It’s just not worth the money to me.

[sdrealtor]

Quick follow-up:

What I see happening right now is that we are rebuilding the stability in the housing market from the bottom up. People are buying homes they can well afford at the entry levels. The higher priced homes still have some depreciation ahead but that will be limited by the stability at the low end. Eventually as the middle and up reach stability (a few years from now) we will have affordable entry level homes and homeowners (not homebdebters) that have been in them for several years and now have substantial equity in them. When these folks decide to move up they will have the means to and voila!!! Back in balance.

[sdrealtor]

Quick follow-up:

What I see happening right now is that we are rebuilding the stability in the housing market from the bottom up. People are buying homes they can well afford at the entry levels. The higher priced homes still have some depreciation ahead but that will be limited by the stability at the low end. Eventually as the middle and up reach stability (a few years from now) we will have affordable entry level homes and homeowners (not homebdebters) that have been in them for several years and now have substantial equity in them. When these folks decide to move up they will have the means to and voila!!! Back in balance.

[sdrealtor]

Quick follow-up:

What I see happening right now is that we are rebuilding the stability in the housing market from the bottom up. People are buying homes they can well afford at the entry levels. The higher priced homes still have some depreciation ahead but that will be limited by the stability at the low end. Eventually as the middle and up reach stability (a few years from now) we will have affordable entry level homes and homeowners (not homebdebters) that have been in them for several years and now have substantial equity in them. When these folks decide to move up they will have the means to and voila!!! Back in balance.

[sdrealtor]

Quick follow-up:

What I see happening right now is that we are rebuilding the stability in the housing market from the bottom up. People are buying homes they can well afford at the entry levels. The higher priced homes still have some depreciation ahead but that will be limited by the stability at the low end. Eventually as the middle and up reach stability (a few years from now) we will have affordable entry level homes and homeowners (not homebdebters) that have been in them for several years and now have substantial equity in them. When these folks decide to move up they will have the means to and voila!!! Back in balance.

[Author]

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