[sdrealtor]

CB,
It sold for $689,000. Once the price was reduced to $689,000 it sold within 2 weeks. The buyers put down 20%.

[sdrealtor]

The most astounding thing about this to me is that there were approximately 80 sales in this complex of 300 units since early 2004. This could be flipper central!

[sdrealtor]

SEH already has more pre-foreclosure/foreclosure activity than anywhere in North County. She can expect more of the same. As prices fall and the sky high Mello Roos taxes stay where they are these homes get even less desirable when compared to the La Costa/Aviara/Encinitas areas to the west with lower fees, better schools, closer to freeway/beach, shopping, restaurants etc.

[sdrealtor]

Great Point PerryChase

“My observation of human nature is that people are emotional about themselves but expect others to be rational. That applies to everything — houses, kids, wives, cars, etc…”

I just had a conversation with my Father-in-law about home prices in South Florida. He’s a realtor there. He’s sticking with the “but it’s different here” scenario for FLA, his city, his community, even his floorplan. I had to laugh.

[sdrealtor]

I saw this post somewhere else that you cut and pasted it from. It is pretty scary. The major flaw with it is that the sample selection is very biased and taken from a subprime lender.

“My office of 7 loan officers takes +/- 100 loan applications per week, 90% of that coming from cold calls.”

Sorry but you are dealing with the bottom of the barrel in terms of borrowers when you are drawing your leads from cold calls. How many of us on this board would refinance our mortgage with someone that just cold called you?

With that said, it is still frightening that the most vulnerable people in society are being exploited so badly.

[sdrealtor]

Wow! So much out of context. To sum it up:
You failed to acknowledge that I did not disagree with your message. Yes I did question your professionalism. No I did not say you “probably yelled at people for being incompetent” but rather I asked a rheotorical question. No I did not say YOU “taunt anonymously online”, the truth is we all do this myself included And yes, what you did to Jim was very wrong.

Have fun

[sdrealtor]

I didnt see the post but saw your others. Get a clue. I will say it for at least the 5th time time. I dont disagree with your post. I disagree with you posting what you did on his blog. It is his place of business not a housing bear blog.

If you want to talk about preoccupation, it is you that is overly pre-occupied with the whole housing market. You spend more time on it than most people empoyed in the industry. I went out to dinner Saturday night with a dozen “friends” about half of whom work in RE or lending. We spent about 5 minutes on shop talk. All are doing fine, have plenty of reserves, have healthy businesses and positive outlooks despite what we know is coming. Most of the time was spent talking about our kids, the wines we were drinking, the Padres etc.

[sdrealtor]

Boondoggle is a pretty accurate description of SEH in my book as well. At one time my wife really wanted to move into a big ocean view home up there. I laughed at her and she thanks me all the time for keeping us where we are.

[sdrealtor]

Yes to both. I read the post and I am having fun with you. One thing we share is an enjoyment of stirring the pot. I don’t really care what you say here as that is what a forum like this is for, but screaming FIRE in Jim’s place of business just doesn’t pass the muster in my book. I wouldn’t do it to you or anyone in their place of business for that matter. I’d recommend you consider the venue when you speak, otherwise you will lose lots of “imaginary friends”.

[sdrealtor]

Good luck outtamojo,
There are some really nice locations in DH. Try to find yourself something on a cul de sac close to the lake. Believe it or not, there really is a lake and it is beautiful with a nice park and walking trails.

[sdrealtor]

BTW, I disagree with the superior properties going down only 5 to 10% scenario. I believe they will hold up better but not that much better. I also disagree with Jim on what constitutes a superior home.

[sdrealtor]

What bothers me is that you went into his place of business and SCREAMED FIRE!

Having a problem with one of children’s teachers and privately speaking to them about it is very different from walking into the classroom and screaming at them in front of other students. Saying pornography is bad in an online blog is different than walking into standing in front of an Adult Book store and acosting people as they walk. Saying fast food is unhealthy among friends is different than walking into McDonalds and yelling at parents for poisoning their children.

Here is the BIG problem “I am only one housewife writing about the economy and housing, and look at the hoopla I stir up.” Have you ever worked in a professional environment. I doubt you have but if you have, did you regularly walk into people’s offices and yell at them for being incompetent. There is a small matter of mutual respect in work settings. Taunting each other anonomously online is very different than going into someone’s place of business and doing so. You really dont have a clue about appropriate business conduct. On another thread you said you try to keep the peace. NOTHING COULD BE FURTHER FROM THE TRUTH! You like to stir the pot. You do so for enjoyment and without repurcussions. You have admitted this on many occassions. I am a pot stirrer myself so I dont have a problem with it in setting such as this. But what you did to Jim in his place of business is reprehensable. Much of what you do is fine but you can be a very vile person at times.

[sdrealtor]

Thanks NCJ,
You’ve inspired me to do the same.

[sdrealtor]

Clueless! Just as I expected. It’s not your message its the delivery. There is a time and a place for most things. Extemist opinions and yes they ar eopinions not facts, directed at someone’s place of business are not appropriate. Based upon all the people you have rubbed the wrong way, I suspect you will find out yourself if you ever actually get something going. Personally, I could care less as I know everything i need to about what you think. The horse isn’t beaten, it is dead and buried.

BTW, friends are people you go out to dinner with, they are people who help you out with your kids when you are in a jam, they are people that you genuinely care about and who hopefully care about you. The people you converse with on the Internet are not your friends. It’s delusional to think they are. And for the record, I do not have an Option Arm. 30 year fixed rate here.

[sdrealtor]

Good stuff JG,
For months I have claimed the peak was between April 2004 and June 2004. Powayseller has corrected me saying I was wrong dozens of times and that it was in Summer 2005. I said I knew it because of my gut instinct of being there. She has insulted me time and again saying someone who goes by their instincts is delusional. I do plenty of analysis and hold a handful of graduates degrees from prominent top tier universities. I have continually warned you all that the data is absolutely horrible and not to put too much emphasis on over analyzing it. The data is a constantly moving target. How can you compare prices from a year ago with prices today that are laden with incentives. Answer: You cannot! My gut has served me well in my career and has earned me far more than any of the degrees I’ve earned. I always laugh at people who think they should make lots of money because they are smart. Being smart is helpful but what really matters is having the convictions to act on your beliefs rather than sitting back paralyzed in fear.

BTW, taking money off the table is not acting on one’s convictions, its taking a profit. Creating wealth necessitates putting your chips on the table. It is what Chris Johnson does, it is what Docteur does and it is what many on this board do. Many but not all.

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