[sdrealtor]

Just an FYI I came upon an interesting data point. Last year inventory here was in double digits from the beginning of May until Mid November and single digits the rest of the year. If inventory relief is gonna happen its gonna start real soon

[sdrealtor]

Those numbers look nowhere near accurate. A home in LA that rents under 3K is likely a 2br condo at most. The owned home considerably more than that. The buyer of a 1.5M home is unlikely a first time buyer and more likely rolling gains over from another home and putting considerably more than 20% down. For many of us we do not view our homes as investments but rather a store of value and assets accumulated over time. I know I never expected to do anything more than payoff my home and have a safe, secure place to ride out my days then pass on to my kids.

[sdrealtor]

[quote=Reality][quote=sdrealtor] Everyone but you and reality. [/quote]

Why calling me out? Does a mobile home where the owners own the park count? My place will probably not double in value in my lifetime but my monthly nut is set.

I may not own a slew of rentals that I like to gloat about on here but I’m also not an asshole.[/quote]

Absolutely counts! My apologies as I thought you were in his company but you are not. Congratulations on taking the steps to secure your future. That just leaves him. The cheese stands alone

[sdrealtor]

Haven’t checked yet but my guess is went to pro flippers who can turn that place around for $50k or less. I’d guess we see it back on market late May or early June for $1.075m and goes with multiple offers

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.[/quote]

The amount of quotes from you about housing that have aged poorly de-value your comment to virtually nothing. This was play money for him as it would be for me. We’ve made real money doing the exact opposite of what you told us to do[/quote]

And your commentary isn’t worth the toilet paper I just shat on. Housing market is so strong, what could go wrong? This interest rate thing is over-rated. Bubble? What bubble? It means nothing to the SD market. Everyone wants to move to San Diego and all the best paying jobs are coming here. You can’t go wrong. Opportunity of a lifetime!

But when Stock market and RE crash 20, 30 maybe 40% will that be real money you are losing, or is that just play money too?[/quote]

Commentary here is worthless to you because you are too weak to take advantage of it. Quite literally almost every one whose been here for a long time has a house now. Many have multiple properties. Rich, AN, Coronita, Barnaby, Sdude, Cdmaengr, CA renter, pokepud, gzz, JPinPB, CBad,Temecula Guy ,Xbox boy and on and on. It’s hard to think of anyone else who doesn’t. Even spdrun owns a place in SD now and he’s the most negative guy who doesn’t have a job and has never even lived here. Everyone but you and reality. You have failed to provide a home

Betting window remains open. Real money available

[sdrealtor]

I’m thinking a lot of those bulk buyers are i buyers and flippers.?

Also thinking the all cash investor buyer is a smaller factor here than lower priced metro areas

Also that’s 32% that are out of the potential foreclosure pool

All interesting data points but I’m not so sure exactly what it means particularly around here

[sdrealtor]

A missile goes one way and has nowhere near the navigation capabilities. A drone can fly in assess a situation and then redirect and complete its mission based up data collection. It’s next level effective

[sdrealtor]

[quote=deadzone][quote=an][quote=sdrealtor]Does that mean they are in the money;)[/quote]
LoL. I really have to thank deadzone for this one. Up 41% so far. Although, like he said, nothing is final till I sell, so, I’ll check back when I do.[/quote]

This comment didn’t age well. Netflix already down to 214 and sinking. Those calls are worth virtually nothing now.

I tried to warn you guys. This market has same feel of 2000 tech crash, you don’t want to be buying the dips now that the Fed is not supporting any more.[/quote]

The amount of quotes from you about housing that have aged poorly de-value your comment to virtually nothing. This was play money for him as it would be for me. We’ve made real money doing the exact opposite of what you told us to do

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=sdrealtor]
Yes improved affordability for young folks would be awesome. There should be rewards for working hard and living responsibility.[/quote]

What a crock! If you really believed that, you would be cheerleading the crash. But you are not, you are simply a RE agent.[/quote]

As much great power as you attribute to me I cannot move markets. [/quote]

I’ve never attributed any powers to you. The power to move markets comes from one place, and one place only. That’s the Fed’s printing press. The fact that you can’t recognize this demonstrates you have little understanding of the current economy. The Fed is literally taking the punch bowl away as we speak. The markets are reacting. It’s going to get ugly out there.[/quote]

I do have one power. The betting window remains open

[sdrealtor]

[quote=deadzone][quote=sdrealtor]
Yes improved affordability for young folks would be awesome. There should be rewards for working hard and living responsibility.[/quote]

What a crock! If you really believed that, you would be cheerleading the crash. But you are not, you are simply a RE agent.[/quote]

You are the nocluezone. I don’t cheerlead I deal with what’s in front of me and what is likely to happen. I follow the data here and post it along with my thoughts every week. As much great power as you attribute to me I cannot move markets. Whatever happens won’t matter to you as you have already proven total not capable of taking advantage of obvious opportunities. Quite literally with the exception of you and maybe one other every one else here including the most bearish are sitting comfortably in nice homes with sub 3% mortgages. The cheese stands alone

[sdrealtor]

[quote=Coronita][quote=deadzone]Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.[/quote]

If true and a crash is coming, that’s great news for investors and young first time homebuyers that just started their careers and life and can get a place of their own from the get go, instead of waiting decades for a bottom and sending it to a landlord.[/quote]

Yes improved affordability for young folks would be awesome. There should be rewards for working hard and living responsibility. Most of us here had that opportunity of a lifetime and took advantage of it. I’d love to see that for those smart enough to recognize it when and if it comes around here again

[sdrealtor]

[quote=Coronita]https://www.businessinsider.com/video-ukraine-soldier-disassembles-russian-drone-reveals-unsopisticated-handiwork-2022-4[/quote]

Have we entered the dronezone?

[sdrealtor]

[quote=deadzone]Of course there is no crash in sight for you, you are a RE agent. Much like a used car salesman, it is always a good time to buy!

But for those of us without blinders on, the evidence is mounting.[/quote]

Simply not true. Over the years I have talked countless people out of buying. Last month I got a PM here and when the person explained their situation the answer for them was to be patient, continue saving and wait things out a bit more. Every situation is unique even yours. You are uniquely a complete loser

[sdrealtor]

[quote=deadzone][quote=sdrealtor][quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

I made money on NAIL. You made money on NAIL. DZ got a non-participation trophy[/quote]

You didn’t make shit on NAIL. But if you really had balls, you should buy some right now. I double dare you.[/quote].

Made money and on to the next opportunity. Have you ever owned a home? I doubt it because you don’t understand how any of this works. No crash in sight.

Betting window is still open. If you have any balls put your money where your mouth is.

[sdrealtor]

[quote=Coronita]Lol… Always coming back dz when markets are down lol….[/quote]

I made money on NAIL. You made money on NAIL. DZ got a non-participation trophy

[Author]

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