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June 21, 2010 at 10:57 PM in reply to: Meredith Whitney: “No Doubt We Have Entered A Double-Dip For Housing” #568844June 21, 2010 at 10:57 PM in reply to: Meredith Whitney: “No Doubt We Have Entered A Double-Dip For Housing” #568940
socrattt
ParticipantInteresting arguments here. I’ve sort of felt as though we should let the free markets control the outcome until I realized we’ve really never had free markets. The FED and the banks are controlling every move in this economy and that will continue to happen to ward off any free fall of the US economy. Sure in the past we thought everything was run with a capitalistic mentality, but the more I see what’s going on now the more I realize it’s all a big sham.
We don’t have any control of what happens in this country. The FED is tight lipped and few understand their ultimate goal. One thing I will say is that the FED is making the right short term moves. Not sure how that plays out in a year or two from now, but people are definitely spending again, lending is moving in a circular fashion and some businesses are moving back in the green.
One thing we are all aware of is that the banks are playing the supply and demand game. They aren’t touching CRE and regardless of how we feel this may be the only way to find any comfort in the form of a recovery effort. I don’t like what I see, but I think realistically unless my dreams are for the US to fall into the abyss this may be the only way for the US to survive. I prefer to think that the jack asses that run the show are looking out for my best interests. The only good thing there is my best interests also involve theirs. Only time will tell. No graphs, no charts, just time!
June 21, 2010 at 10:57 PM in reply to: Meredith Whitney: “No Doubt We Have Entered A Double-Dip For Housing” #569450ParticipantInteresting arguments here. I’ve sort of felt as though we should let the free markets control the outcome until I realized we’ve really never had free markets. The FED and the banks are controlling every move in this economy and that will continue to happen to ward off any free fall of the US economy. Sure in the past we thought everything was run with a capitalistic mentality, but the more I see what’s going on now the more I realize it’s all a big sham.
We don’t have any control of what happens in this country. The FED is tight lipped and few understand their ultimate goal. One thing I will say is that the FED is making the right short term moves. Not sure how that plays out in a year or two from now, but people are definitely spending again, lending is moving in a circular fashion and some businesses are moving back in the green.
One thing we are all aware of is that the banks are playing the supply and demand game. They aren’t touching CRE and regardless of how we feel this may be the only way to find any comfort in the form of a recovery effort. I don’t like what I see, but I think realistically unless my dreams are for the US to fall into the abyss this may be the only way for the US to survive. I prefer to think that the jack asses that run the show are looking out for my best interests. The only good thing there is my best interests also involve theirs. Only time will tell. No graphs, no charts, just time!
June 21, 2010 at 10:57 PM in reply to: Meredith Whitney: “No Doubt We Have Entered A Double-Dip For Housing” #569555ParticipantInteresting arguments here. I’ve sort of felt as though we should let the free markets control the outcome until I realized we’ve really never had free markets. The FED and the banks are controlling every move in this economy and that will continue to happen to ward off any free fall of the US economy. Sure in the past we thought everything was run with a capitalistic mentality, but the more I see what’s going on now the more I realize it’s all a big sham.
We don’t have any control of what happens in this country. The FED is tight lipped and few understand their ultimate goal. One thing I will say is that the FED is making the right short term moves. Not sure how that plays out in a year or two from now, but people are definitely spending again, lending is moving in a circular fashion and some businesses are moving back in the green.
One thing we are all aware of is that the banks are playing the supply and demand game. They aren’t touching CRE and regardless of how we feel this may be the only way to find any comfort in the form of a recovery effort. I don’t like what I see, but I think realistically unless my dreams are for the US to fall into the abyss this may be the only way for the US to survive. I prefer to think that the jack asses that run the show are looking out for my best interests. The only good thing there is my best interests also involve theirs. Only time will tell. No graphs, no charts, just time!
June 21, 2010 at 10:57 PM in reply to: Meredith Whitney: “No Doubt We Have Entered A Double-Dip For Housing” #569838ParticipantInteresting arguments here. I’ve sort of felt as though we should let the free markets control the outcome until I realized we’ve really never had free markets. The FED and the banks are controlling every move in this economy and that will continue to happen to ward off any free fall of the US economy. Sure in the past we thought everything was run with a capitalistic mentality, but the more I see what’s going on now the more I realize it’s all a big sham.
We don’t have any control of what happens in this country. The FED is tight lipped and few understand their ultimate goal. One thing I will say is that the FED is making the right short term moves. Not sure how that plays out in a year or two from now, but people are definitely spending again, lending is moving in a circular fashion and some businesses are moving back in the green.
One thing we are all aware of is that the banks are playing the supply and demand game. They aren’t touching CRE and regardless of how we feel this may be the only way to find any comfort in the form of a recovery effort. I don’t like what I see, but I think realistically unless my dreams are for the US to fall into the abyss this may be the only way for the US to survive. I prefer to think that the jack asses that run the show are looking out for my best interests. The only good thing there is my best interests also involve theirs. Only time will tell. No graphs, no charts, just time!
ParticipantDr., you mentioned that you put the offer in through the seller’s agent. Does that mean you didn’t use your agent in the process or that you chose to bypass your agent and go directly through to the listing agent?
In this case your agent may be frustrated with you :). SDR did a good job of explaining everything and should help you understand your questions. Keep in mind a number of agents in SD have a hard time understanding short sales, but if your agent seems to be uneducated there are a handful of agents out there qualified and educated in the short sale process that can help you. Let us know what happens!
ParticipantDr., you mentioned that you put the offer in through the seller’s agent. Does that mean you didn’t use your agent in the process or that you chose to bypass your agent and go directly through to the listing agent?
In this case your agent may be frustrated with you :). SDR did a good job of explaining everything and should help you understand your questions. Keep in mind a number of agents in SD have a hard time understanding short sales, but if your agent seems to be uneducated there are a handful of agents out there qualified and educated in the short sale process that can help you. Let us know what happens!
ParticipantDr., you mentioned that you put the offer in through the seller’s agent. Does that mean you didn’t use your agent in the process or that you chose to bypass your agent and go directly through to the listing agent?
In this case your agent may be frustrated with you :). SDR did a good job of explaining everything and should help you understand your questions. Keep in mind a number of agents in SD have a hard time understanding short sales, but if your agent seems to be uneducated there are a handful of agents out there qualified and educated in the short sale process that can help you. Let us know what happens!
ParticipantDr., you mentioned that you put the offer in through the seller’s agent. Does that mean you didn’t use your agent in the process or that you chose to bypass your agent and go directly through to the listing agent?
In this case your agent may be frustrated with you :). SDR did a good job of explaining everything and should help you understand your questions. Keep in mind a number of agents in SD have a hard time understanding short sales, but if your agent seems to be uneducated there are a handful of agents out there qualified and educated in the short sale process that can help you. Let us know what happens!
ParticipantDr., you mentioned that you put the offer in through the seller’s agent. Does that mean you didn’t use your agent in the process or that you chose to bypass your agent and go directly through to the listing agent?
In this case your agent may be frustrated with you :). SDR did a good job of explaining everything and should help you understand your questions. Keep in mind a number of agents in SD have a hard time understanding short sales, but if your agent seems to be uneducated there are a handful of agents out there qualified and educated in the short sale process that can help you. Let us know what happens!
April 5, 2010 at 11:59 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #535961Participant[quote=temeculaguy]
So retrieve your tin foil hat from the closet, because there just maybe something unexpected around the corner. I for one, will be retrieving my wine and watching to see if the elusive tsuinami theory takes it’s last opportunity to manifest itself. If it does, I’m ready to double down.[/quote]
TG, you might want to check the label on that thing you call wine. I am starting to think you might be quenching your thirst with rubbing alcohol after reading that post :).
On a serious note, there is no way in heck 2011 will be a good economically for the US. I’m just saying this in the hopes that I am completely wrong.
April 5, 2010 at 11:59 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536089Participant[quote=temeculaguy]
So retrieve your tin foil hat from the closet, because there just maybe something unexpected around the corner. I for one, will be retrieving my wine and watching to see if the elusive tsuinami theory takes it’s last opportunity to manifest itself. If it does, I’m ready to double down.[/quote]
TG, you might want to check the label on that thing you call wine. I am starting to think you might be quenching your thirst with rubbing alcohol after reading that post :).
On a serious note, there is no way in heck 2011 will be a good economically for the US. I’m just saying this in the hopes that I am completely wrong.
April 5, 2010 at 11:59 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536544Participant[quote=temeculaguy]
So retrieve your tin foil hat from the closet, because there just maybe something unexpected around the corner. I for one, will be retrieving my wine and watching to see if the elusive tsuinami theory takes it’s last opportunity to manifest itself. If it does, I’m ready to double down.[/quote]
TG, you might want to check the label on that thing you call wine. I am starting to think you might be quenching your thirst with rubbing alcohol after reading that post :).
On a serious note, there is no way in heck 2011 will be a good economically for the US. I’m just saying this in the hopes that I am completely wrong.
April 5, 2010 at 11:59 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536641Participant[quote=temeculaguy]
So retrieve your tin foil hat from the closet, because there just maybe something unexpected around the corner. I for one, will be retrieving my wine and watching to see if the elusive tsuinami theory takes it’s last opportunity to manifest itself. If it does, I’m ready to double down.[/quote]
TG, you might want to check the label on that thing you call wine. I am starting to think you might be quenching your thirst with rubbing alcohol after reading that post :).
On a serious note, there is no way in heck 2011 will be a good economically for the US. I’m just saying this in the hopes that I am completely wrong.
April 5, 2010 at 11:59 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536904Participant[quote=temeculaguy]
So retrieve your tin foil hat from the closet, because there just maybe something unexpected around the corner. I for one, will be retrieving my wine and watching to see if the elusive tsuinami theory takes it’s last opportunity to manifest itself. If it does, I’m ready to double down.[/quote]
TG, you might want to check the label on that thing you call wine. I am starting to think you might be quenching your thirst with rubbing alcohol after reading that post :).
On a serious note, there is no way in heck 2011 will be a good economically for the US. I’m just saying this in the hopes that I am completely wrong.
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