[sdrealtor]

First 2 weeks in May county wide numbers are down about 30%. After late reporters I’d expect to see volume is down 20%.

NCC is looking like it will be flat to down 10%.

[sdrealtor]

First 2 weeks in May county wide numbers are down about 30%. After late reporters I’d expect to see volume is down 20%.

NCC is looking like it will be flat to down 10%.

[sdrealtor]

Good advice El Jefe. The best rentals properties at the best prices never make it online. They are owned by some retired 70ish year old gal/guy who generally has very long term tenants. When they leave your 8 x 12 genreic red for rent sign is all he needs to find another great tenant in a weekend.

[sdrealtor]

Good advice El Jefe. The best rentals properties at the best prices never make it online. They are owned by some retired 70ish year old gal/guy who generally has very long term tenants. When they leave your 8 x 12 genreic red for rent sign is all he needs to find another great tenant in a weekend.

[sdrealtor]

Dont jump to conclussions so quickly Radelow! Maybe the corpse that was found in the house that got sold was his rich aunt. What?????? the corpse was found in a bank owned house. Oh well, HELOC away….

[sdrealtor]

Dont jump to conclussions so quickly Radelow! Maybe the corpse that was found in the house that got sold was his rich aunt. What?????? the corpse was found in a bank owned house. Oh well, HELOC away….

[sdrealtor]

I plant some seeds and watch what grows. Let’s follow this for a while and see what happens. Hopefully the data will provoke meaning discussion and discord if relevant.

[sdrealtor]

I plant some seeds and watch what grows. Let’s follow this for a while and see what happens. Hopefully the data will provoke meaning discussion and discord if relevant.

[sdrealtor]

Rustico,
It looks like a couple posters took your points out of context. Reading your post, it seems to me we conduct our business much the same way. While I dont think any of us can say our clients “will never be upside down”, I cant imagine any of my clients losing their homes based upon what they spent relative to their financial status. This goes for wealthy and not so wealthy. To me, extraordinary people can be so without being wealthy just as wealthy people can average. I don’t know where you got your ideas about me but I am anything but a marketing whore. Most of my business comes to via referals, my social network or people i simply run into who appreciate my honest straight forward approach. I have NEVER put commissions ahead of my clients interests and the day I am asked to is the day i leave the business which like you is far from my soul source of income. I try to help my clients make decisions for themselves the way I do for myself and I am very very fiscally conservative. My vehicle is modest/paid off and I wear my shoes until there are holes in the soles. The pseudonym was chosen so people would immendiately know who the comments were coming from and has never been an attempt to gain business. Our approach to adding clients is actually identical.

To me something special, is the best possible home someone can get for their money at that point in time. It is a home that will meet their needs well beyond the time they expect to live. It is a home purchased with the eye of seller in that you never know what type of market you will be selling into so you better have one that will sell relatively quickly even in bad times.

Hang around and contribute. You will find we are very similar in our beliefs.

BTW, I am an idealist also. I do not blame our industry because I have worked in enough industries to understand what happened here happens everywhere in a capitalist society.

[sdrealtor]

Rustico,
It looks like a couple posters took your points out of context. Reading your post, it seems to me we conduct our business much the same way. While I dont think any of us can say our clients “will never be upside down”, I cant imagine any of my clients losing their homes based upon what they spent relative to their financial status. This goes for wealthy and not so wealthy. To me, extraordinary people can be so without being wealthy just as wealthy people can average. I don’t know where you got your ideas about me but I am anything but a marketing whore. Most of my business comes to via referals, my social network or people i simply run into who appreciate my honest straight forward approach. I have NEVER put commissions ahead of my clients interests and the day I am asked to is the day i leave the business which like you is far from my soul source of income. I try to help my clients make decisions for themselves the way I do for myself and I am very very fiscally conservative. My vehicle is modest/paid off and I wear my shoes until there are holes in the soles. The pseudonym was chosen so people would immendiately know who the comments were coming from and has never been an attempt to gain business. Our approach to adding clients is actually identical.

To me something special, is the best possible home someone can get for their money at that point in time. It is a home that will meet their needs well beyond the time they expect to live. It is a home purchased with the eye of seller in that you never know what type of market you will be selling into so you better have one that will sell relatively quickly even in bad times.

Hang around and contribute. You will find we are very similar in our beliefs.

BTW, I am an idealist also. I do not blame our industry because I have worked in enough industries to understand what happened here happens everywhere in a capitalist society.

[sdrealtor]

Craigs List if you are lazy. If you really want to find the best rental at the best price, get in your car. Drive around, find neighborhoods you would like to live in, then become a stalker and drive around each weekend looking for signs put up by homeowners.

The stalker part was joke.

[sdrealtor]

Craigs List if you are lazy. If you really want to find the best rental at the best price, get in your car. Drive around, find neighborhoods you would like to live in, then become a stalker and drive around each weekend looking for signs put up by homeowners.

The stalker part was joke.

[sdrealtor]

Rustico,
I dont see where you got the dedication part. This was never dedicated to you, it was inspired by our back and forth of CV being a strong market. As for the bellweather portion, you seem to be trying to pick a fight for reasons I dont fully understand yet by splitting hairs. If it makes you happy forget the word bellweather and move on. I never proclaimed this the end all, be all of housing indicators. Its a strong market and one that many around here have an interest in. IMHO, it bears watching. I also think you went to far with my 4 day example, my point was simply that inventory was not growing at a time when it is seasonally expected to do so. Thats really all it was.

The first postings on this thread were to set the table and from there we will see which data points merit following. As for followers, i never realized that I had any. If you’ve been around here a while you would know I have been the most villified person on this board. I say what I think and what is on my mind without pulling punches. I encourage you to do the same. What i really would like to see is you add some valuable insight that you have no doubt gained from doing this as long as you have. My sole and stated purpose for being here is to learn, share with others and have a little fun. i’d love to learn something from you rather than just hearing that’s no good or it sucks. I’m sure you have more you could add to the conversation if you cared to.

While my home is not free and clear, i could pay the relatively small mortgage I have off if that was what I chose to do. I feel truly blessed to have what I do and know I am the beneficiary of nothing more than luck in arriving to purchase a home just as the cycle got going. I had no idea this would happen in the market when i bought my home. In fact, I thought if my house was worth in 25 years what it became worth after 5 years i would be very lucky.

As for my clients, I have no dreamers either. I typically work with bright people that want something special and who buy what they can readily afford. The difference is that I like to help ordinary or extraordinary people win at RE in above average ways. If all you do is meet the market average you havent earned your pay. My favorite client of all time is a civil service worker married to a waitress. We are still friends and we actually just got back from the padres game.

I dont like the fact that good people cant afford homes around here. It really bums me out to be honest.

[sdrealtor]

Rustico,
I dont see where you got the dedication part. This was never dedicated to you, it was inspired by our back and forth of CV being a strong market. As for the bellweather portion, you seem to be trying to pick a fight for reasons I dont fully understand yet by splitting hairs. If it makes you happy forget the word bellweather and move on. I never proclaimed this the end all, be all of housing indicators. Its a strong market and one that many around here have an interest in. IMHO, it bears watching. I also think you went to far with my 4 day example, my point was simply that inventory was not growing at a time when it is seasonally expected to do so. Thats really all it was.

The first postings on this thread were to set the table and from there we will see which data points merit following. As for followers, i never realized that I had any. If you’ve been around here a while you would know I have been the most villified person on this board. I say what I think and what is on my mind without pulling punches. I encourage you to do the same. What i really would like to see is you add some valuable insight that you have no doubt gained from doing this as long as you have. My sole and stated purpose for being here is to learn, share with others and have a little fun. i’d love to learn something from you rather than just hearing that’s no good or it sucks. I’m sure you have more you could add to the conversation if you cared to.

While my home is not free and clear, i could pay the relatively small mortgage I have off if that was what I chose to do. I feel truly blessed to have what I do and know I am the beneficiary of nothing more than luck in arriving to purchase a home just as the cycle got going. I had no idea this would happen in the market when i bought my home. In fact, I thought if my house was worth in 25 years what it became worth after 5 years i would be very lucky.

As for my clients, I have no dreamers either. I typically work with bright people that want something special and who buy what they can readily afford. The difference is that I like to help ordinary or extraordinary people win at RE in above average ways. If all you do is meet the market average you havent earned your pay. My favorite client of all time is a civil service worker married to a waitress. We are still friends and we actually just got back from the padres game.

I dont like the fact that good people cant afford homes around here. It really bums me out to be honest.

[sdrealtor]

sdcellar
Thank you. That was my intent to focus on the down rather than the up which just isnt a realistic expectation for 5 to 10 yrs IMHO

sdr

[Author]

Posts