[temeculaguy]

You name the time and date, I’m there. This next week is bad for me but anytime after that is good. Hit me at [email protected] or throw it up here I don’t care, I’ve been trying for a year to get a stalker and haven’t been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn’t have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

[temeculaguy]

You name the time and date, I’m there. This next week is bad for me but anytime after that is good. Hit me at [email protected] or throw it up here I don’t care, I’ve been trying for a year to get a stalker and haven’t been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn’t have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

[temeculaguy]

You name the time and date, I’m there. This next week is bad for me but anytime after that is good. Hit me at [email protected] or throw it up here I don’t care, I’ve been trying for a year to get a stalker and haven’t been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn’t have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

[temeculaguy]

You name the time and date, I’m there. This next week is bad for me but anytime after that is good. Hit me at [email protected] or throw it up here I don’t care, I’ve been trying for a year to get a stalker and haven’t been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn’t have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

[temeculaguy]

You name the time and date, I’m there. This next week is bad for me but anytime after that is good. Hit me at [email protected] or throw it up here I don’t care, I’ve been trying for a year to get a stalker and haven’t been succesful so who the hell cares if others show up.

Hawk, you were ahead of your time and when this is all over the reality is that I owe you more than beers, you were one of my key influences when I stumbled in here the first time. People actually ask me for advice now but in 2006 I didn’t have a clue what was going on and you were hosting a website devoted to the coming bubble bursting. Thanks for the education.

[temeculaguy]

I’m having Deja Vu, the scenario is Temecula, circa Feb 07, both the waitings (patient and bottom) are debating about the “when,” the neat thing is that nobody is even concerned about the “if.” Waiting, I felt the same way, prices fell in a few examples of 25-30% but each property had it’s downfalls yet it started to come in line with rent and I feared that was the true measure of “value.” I made bets with people about finding 50% off, many said it would take 3-5 years, I knew I wouldn’t wait that long, well, it took about 8 months and not jumping in while it continues to fall is quite empowering. So don’t rule out late 08, this meltdown is on steroids and SEH is late to the party so it’s going to have to take a couple of jagermeister shots to catch up. Once the trend moves down and the breakthrough prices show up, the snowball has started, distress sets in, people can’t refi, arms adjust, economy and incomes fall for some, jobs get lost and there are no buyers willing to save them so the banks get the houses. When no buyers show up for the REO’s they get desperate and begin the race to outprice each other. While this is going on people still lose jobs, get divorced, transfer, etc. and they find they are upside down and they just add to the snowball. If they try to price it what they need they look silly. The reason SEH will fall fast is that the banks have been softened up with body punches for three rounds by the other areas, the herd has been listening to the media, it’s a lot easier to follow the trend as opposed to setting it. Don’t argue about it, make a game out of it. Start throwing down the gauntlets, wager cocktails on the first 50% off sighting because “if” is no longer the question.

Time for a new theory now that I am in the third stage and you guys are just about to enter the second. just like there various mental stages of grief or trauma, there are mental stages for buyers in a housing meltdown.

Stage 1-prices begin to fall 5-10%, rates are good, so you do the math and say “I can almost afford the house I can tolerate if priced will just fall another 10% and rates hold.”

Stage 2-prices begin to fall in some instances 20-30%, you do the math and say “I can actually afford this house that I would be happy with, it’s not much more than rent when I factor the tax deduction, this might be it because this is the better neighborhood and you have to pay for things like that.”

Stage 3- you see 30-50% accross the board, the good and the bad, most homes for sale are vacant, every street has at least one reo and even reo’s have 180 days on market and weekly price downgrades, you say “I am going to have money coming out of my ass, rather than buy twice the house I’ll buy a house and have car payment-like mortgage,I am going to buy what I want, pay less than I ever imagined, the drinks will always be on me and I wont even feel it, I waited, I rented, I researched, I did the heavy lifting and now I am going to name my cat Mr. Bigglesworth and rule the world lile Dr. Evil.”

Study stage two but don’t get caught up in the hype of it, stage three will come young skywalker.

[temeculaguy]

I’m having Deja Vu, the scenario is Temecula, circa Feb 07, both the waitings (patient and bottom) are debating about the “when,” the neat thing is that nobody is even concerned about the “if.” Waiting, I felt the same way, prices fell in a few examples of 25-30% but each property had it’s downfalls yet it started to come in line with rent and I feared that was the true measure of “value.” I made bets with people about finding 50% off, many said it would take 3-5 years, I knew I wouldn’t wait that long, well, it took about 8 months and not jumping in while it continues to fall is quite empowering. So don’t rule out late 08, this meltdown is on steroids and SEH is late to the party so it’s going to have to take a couple of jagermeister shots to catch up. Once the trend moves down and the breakthrough prices show up, the snowball has started, distress sets in, people can’t refi, arms adjust, economy and incomes fall for some, jobs get lost and there are no buyers willing to save them so the banks get the houses. When no buyers show up for the REO’s they get desperate and begin the race to outprice each other. While this is going on people still lose jobs, get divorced, transfer, etc. and they find they are upside down and they just add to the snowball. If they try to price it what they need they look silly. The reason SEH will fall fast is that the banks have been softened up with body punches for three rounds by the other areas, the herd has been listening to the media, it’s a lot easier to follow the trend as opposed to setting it. Don’t argue about it, make a game out of it. Start throwing down the gauntlets, wager cocktails on the first 50% off sighting because “if” is no longer the question.

Time for a new theory now that I am in the third stage and you guys are just about to enter the second. just like there various mental stages of grief or trauma, there are mental stages for buyers in a housing meltdown.

Stage 1-prices begin to fall 5-10%, rates are good, so you do the math and say “I can almost afford the house I can tolerate if priced will just fall another 10% and rates hold.”

Stage 2-prices begin to fall in some instances 20-30%, you do the math and say “I can actually afford this house that I would be happy with, it’s not much more than rent when I factor the tax deduction, this might be it because this is the better neighborhood and you have to pay for things like that.”

Stage 3- you see 30-50% accross the board, the good and the bad, most homes for sale are vacant, every street has at least one reo and even reo’s have 180 days on market and weekly price downgrades, you say “I am going to have money coming out of my ass, rather than buy twice the house I’ll buy a house and have car payment-like mortgage,I am going to buy what I want, pay less than I ever imagined, the drinks will always be on me and I wont even feel it, I waited, I rented, I researched, I did the heavy lifting and now I am going to name my cat Mr. Bigglesworth and rule the world lile Dr. Evil.”

Study stage two but don’t get caught up in the hype of it, stage three will come young skywalker.

[temeculaguy]

I’m having Deja Vu, the scenario is Temecula, circa Feb 07, both the waitings (patient and bottom) are debating about the “when,” the neat thing is that nobody is even concerned about the “if.” Waiting, I felt the same way, prices fell in a few examples of 25-30% but each property had it’s downfalls yet it started to come in line with rent and I feared that was the true measure of “value.” I made bets with people about finding 50% off, many said it would take 3-5 years, I knew I wouldn’t wait that long, well, it took about 8 months and not jumping in while it continues to fall is quite empowering. So don’t rule out late 08, this meltdown is on steroids and SEH is late to the party so it’s going to have to take a couple of jagermeister shots to catch up. Once the trend moves down and the breakthrough prices show up, the snowball has started, distress sets in, people can’t refi, arms adjust, economy and incomes fall for some, jobs get lost and there are no buyers willing to save them so the banks get the houses. When no buyers show up for the REO’s they get desperate and begin the race to outprice each other. While this is going on people still lose jobs, get divorced, transfer, etc. and they find they are upside down and they just add to the snowball. If they try to price it what they need they look silly. The reason SEH will fall fast is that the banks have been softened up with body punches for three rounds by the other areas, the herd has been listening to the media, it’s a lot easier to follow the trend as opposed to setting it. Don’t argue about it, make a game out of it. Start throwing down the gauntlets, wager cocktails on the first 50% off sighting because “if” is no longer the question.

Time for a new theory now that I am in the third stage and you guys are just about to enter the second. just like there various mental stages of grief or trauma, there are mental stages for buyers in a housing meltdown.

Stage 1-prices begin to fall 5-10%, rates are good, so you do the math and say “I can almost afford the house I can tolerate if priced will just fall another 10% and rates hold.”

Stage 2-prices begin to fall in some instances 20-30%, you do the math and say “I can actually afford this house that I would be happy with, it’s not much more than rent when I factor the tax deduction, this might be it because this is the better neighborhood and you have to pay for things like that.”

Stage 3- you see 30-50% accross the board, the good and the bad, most homes for sale are vacant, every street has at least one reo and even reo’s have 180 days on market and weekly price downgrades, you say “I am going to have money coming out of my ass, rather than buy twice the house I’ll buy a house and have car payment-like mortgage,I am going to buy what I want, pay less than I ever imagined, the drinks will always be on me and I wont even feel it, I waited, I rented, I researched, I did the heavy lifting and now I am going to name my cat Mr. Bigglesworth and rule the world lile Dr. Evil.”

Study stage two but don’t get caught up in the hype of it, stage three will come young skywalker.

[temeculaguy]

I’m having Deja Vu, the scenario is Temecula, circa Feb 07, both the waitings (patient and bottom) are debating about the “when,” the neat thing is that nobody is even concerned about the “if.” Waiting, I felt the same way, prices fell in a few examples of 25-30% but each property had it’s downfalls yet it started to come in line with rent and I feared that was the true measure of “value.” I made bets with people about finding 50% off, many said it would take 3-5 years, I knew I wouldn’t wait that long, well, it took about 8 months and not jumping in while it continues to fall is quite empowering. So don’t rule out late 08, this meltdown is on steroids and SEH is late to the party so it’s going to have to take a couple of jagermeister shots to catch up. Once the trend moves down and the breakthrough prices show up, the snowball has started, distress sets in, people can’t refi, arms adjust, economy and incomes fall for some, jobs get lost and there are no buyers willing to save them so the banks get the houses. When no buyers show up for the REO’s they get desperate and begin the race to outprice each other. While this is going on people still lose jobs, get divorced, transfer, etc. and they find they are upside down and they just add to the snowball. If they try to price it what they need they look silly. The reason SEH will fall fast is that the banks have been softened up with body punches for three rounds by the other areas, the herd has been listening to the media, it’s a lot easier to follow the trend as opposed to setting it. Don’t argue about it, make a game out of it. Start throwing down the gauntlets, wager cocktails on the first 50% off sighting because “if” is no longer the question.

Time for a new theory now that I am in the third stage and you guys are just about to enter the second. just like there various mental stages of grief or trauma, there are mental stages for buyers in a housing meltdown.

Stage 1-prices begin to fall 5-10%, rates are good, so you do the math and say “I can almost afford the house I can tolerate if priced will just fall another 10% and rates hold.”

Stage 2-prices begin to fall in some instances 20-30%, you do the math and say “I can actually afford this house that I would be happy with, it’s not much more than rent when I factor the tax deduction, this might be it because this is the better neighborhood and you have to pay for things like that.”

Stage 3- you see 30-50% accross the board, the good and the bad, most homes for sale are vacant, every street has at least one reo and even reo’s have 180 days on market and weekly price downgrades, you say “I am going to have money coming out of my ass, rather than buy twice the house I’ll buy a house and have car payment-like mortgage,I am going to buy what I want, pay less than I ever imagined, the drinks will always be on me and I wont even feel it, I waited, I rented, I researched, I did the heavy lifting and now I am going to name my cat Mr. Bigglesworth and rule the world lile Dr. Evil.”

Study stage two but don’t get caught up in the hype of it, stage three will come young skywalker.

[temeculaguy]

I’m having Deja Vu, the scenario is Temecula, circa Feb 07, both the waitings (patient and bottom) are debating about the “when,” the neat thing is that nobody is even concerned about the “if.” Waiting, I felt the same way, prices fell in a few examples of 25-30% but each property had it’s downfalls yet it started to come in line with rent and I feared that was the true measure of “value.” I made bets with people about finding 50% off, many said it would take 3-5 years, I knew I wouldn’t wait that long, well, it took about 8 months and not jumping in while it continues to fall is quite empowering. So don’t rule out late 08, this meltdown is on steroids and SEH is late to the party so it’s going to have to take a couple of jagermeister shots to catch up. Once the trend moves down and the breakthrough prices show up, the snowball has started, distress sets in, people can’t refi, arms adjust, economy and incomes fall for some, jobs get lost and there are no buyers willing to save them so the banks get the houses. When no buyers show up for the REO’s they get desperate and begin the race to outprice each other. While this is going on people still lose jobs, get divorced, transfer, etc. and they find they are upside down and they just add to the snowball. If they try to price it what they need they look silly. The reason SEH will fall fast is that the banks have been softened up with body punches for three rounds by the other areas, the herd has been listening to the media, it’s a lot easier to follow the trend as opposed to setting it. Don’t argue about it, make a game out of it. Start throwing down the gauntlets, wager cocktails on the first 50% off sighting because “if” is no longer the question.

Time for a new theory now that I am in the third stage and you guys are just about to enter the second. just like there various mental stages of grief or trauma, there are mental stages for buyers in a housing meltdown.

Stage 1-prices begin to fall 5-10%, rates are good, so you do the math and say “I can almost afford the house I can tolerate if priced will just fall another 10% and rates hold.”

Stage 2-prices begin to fall in some instances 20-30%, you do the math and say “I can actually afford this house that I would be happy with, it’s not much more than rent when I factor the tax deduction, this might be it because this is the better neighborhood and you have to pay for things like that.”

Stage 3- you see 30-50% accross the board, the good and the bad, most homes for sale are vacant, every street has at least one reo and even reo’s have 180 days on market and weekly price downgrades, you say “I am going to have money coming out of my ass, rather than buy twice the house I’ll buy a house and have car payment-like mortgage,I am going to buy what I want, pay less than I ever imagined, the drinks will always be on me and I wont even feel it, I waited, I rented, I researched, I did the heavy lifting and now I am going to name my cat Mr. Bigglesworth and rule the world lile Dr. Evil.”

Study stage two but don’t get caught up in the hype of it, stage three will come young skywalker.

[temeculaguy]

I held out, the place I almost bought but was kinda outbid (my verbal offer was outbid by a higher written one) went into escrow and of course fell out due to the failed 100% financing buyer. They called me yesterday and and offered it at 10% below my offer but I already moved and am in a 6 mos lease, so it looks like i have a front row seat for the next few months. Stuff is dropping like a rock right now so I’m raising my quality target away from a thrashed repo to something a little more turnkey at an even lower price. Gotta love the new look of redfin, they capture price lowering data now. Here’s a cut and pasted example from redfin regarding list price data for a partuclar place, I’m witholding the actual link because it’s on my list of places to buy and quite frankly I don’t need the competition.

Listing Price History
Date Price
Aug 25, 2007 $399,000
Sep 05, 2007 $389,000
Sep 17, 2007 $379,000
Sep 25, 2007 $369,000
Sep 28, 2007 $359,000
Oct 12, 2007 $350,000
Jan 16, 2008 $340,000
Jan 23, 2008 $330,000
Jan 30, 2008 $320,000

At the current rate they will pay me to take it in three years. I love the new redfin, it even sometimes captures the data on the relistings, you have to scroll to the bottom. This is pretty indicative of the market here, how can I possibly pull the trigger now, I’m saving 10k a week. When it hits 250k I might return their phone calls, then again, maybe I wont. Seriously I’m having a blast as the only qualified buyer with a downpayment left in town, now I know what Bill Gates felt like at his high school reunion. I love their polished sales pitches when they call to tell me the house I was interested is miracoulously back on the market. It goes something like this for price range of a property like the one above (this is from a real call and I really said this). Realtor “Great news, the house you were looking at fell out of escrow and I know you thought it was a good buy at 350k, the new listing price is even lower now, I say we meet today at the propery and write an offer before it’s gone.” TG- “before you tell me the new price let me just say that if the first digit is not a 2 and the second digit is higher than a 5, there better be a victoria secret model wearing lingerie and waiting for me in the bedroom when I get there and not one of the skinny ones either.” Long pause…I laughed for a week after that, I just laughed again remembering it. If it hadn’t been a female realtor I bet that joke would have gotten some traction. Thank goodness my fellow pigs talked me out of buying, this is going to be a blast.

[temeculaguy]

I held out, the place I almost bought but was kinda outbid (my verbal offer was outbid by a higher written one) went into escrow and of course fell out due to the failed 100% financing buyer. They called me yesterday and and offered it at 10% below my offer but I already moved and am in a 6 mos lease, so it looks like i have a front row seat for the next few months. Stuff is dropping like a rock right now so I’m raising my quality target away from a thrashed repo to something a little more turnkey at an even lower price. Gotta love the new look of redfin, they capture price lowering data now. Here’s a cut and pasted example from redfin regarding list price data for a partuclar place, I’m witholding the actual link because it’s on my list of places to buy and quite frankly I don’t need the competition.

Listing Price History
Date Price
Aug 25, 2007 $399,000
Sep 05, 2007 $389,000
Sep 17, 2007 $379,000
Sep 25, 2007 $369,000
Sep 28, 2007 $359,000
Oct 12, 2007 $350,000
Jan 16, 2008 $340,000
Jan 23, 2008 $330,000
Jan 30, 2008 $320,000

At the current rate they will pay me to take it in three years. I love the new redfin, it even sometimes captures the data on the relistings, you have to scroll to the bottom. This is pretty indicative of the market here, how can I possibly pull the trigger now, I’m saving 10k a week. When it hits 250k I might return their phone calls, then again, maybe I wont. Seriously I’m having a blast as the only qualified buyer with a downpayment left in town, now I know what Bill Gates felt like at his high school reunion. I love their polished sales pitches when they call to tell me the house I was interested is miracoulously back on the market. It goes something like this for price range of a property like the one above (this is from a real call and I really said this). Realtor “Great news, the house you were looking at fell out of escrow and I know you thought it was a good buy at 350k, the new listing price is even lower now, I say we meet today at the propery and write an offer before it’s gone.” TG- “before you tell me the new price let me just say that if the first digit is not a 2 and the second digit is higher than a 5, there better be a victoria secret model wearing lingerie and waiting for me in the bedroom when I get there and not one of the skinny ones either.” Long pause…I laughed for a week after that, I just laughed again remembering it. If it hadn’t been a female realtor I bet that joke would have gotten some traction. Thank goodness my fellow pigs talked me out of buying, this is going to be a blast.

[temeculaguy]

I held out, the place I almost bought but was kinda outbid (my verbal offer was outbid by a higher written one) went into escrow and of course fell out due to the failed 100% financing buyer. They called me yesterday and and offered it at 10% below my offer but I already moved and am in a 6 mos lease, so it looks like i have a front row seat for the next few months. Stuff is dropping like a rock right now so I’m raising my quality target away from a thrashed repo to something a little more turnkey at an even lower price. Gotta love the new look of redfin, they capture price lowering data now. Here’s a cut and pasted example from redfin regarding list price data for a partuclar place, I’m witholding the actual link because it’s on my list of places to buy and quite frankly I don’t need the competition.

Listing Price History
Date Price
Aug 25, 2007 $399,000
Sep 05, 2007 $389,000
Sep 17, 2007 $379,000
Sep 25, 2007 $369,000
Sep 28, 2007 $359,000
Oct 12, 2007 $350,000
Jan 16, 2008 $340,000
Jan 23, 2008 $330,000
Jan 30, 2008 $320,000

At the current rate they will pay me to take it in three years. I love the new redfin, it even sometimes captures the data on the relistings, you have to scroll to the bottom. This is pretty indicative of the market here, how can I possibly pull the trigger now, I’m saving 10k a week. When it hits 250k I might return their phone calls, then again, maybe I wont. Seriously I’m having a blast as the only qualified buyer with a downpayment left in town, now I know what Bill Gates felt like at his high school reunion. I love their polished sales pitches when they call to tell me the house I was interested is miracoulously back on the market. It goes something like this for price range of a property like the one above (this is from a real call and I really said this). Realtor “Great news, the house you were looking at fell out of escrow and I know you thought it was a good buy at 350k, the new listing price is even lower now, I say we meet today at the propery and write an offer before it’s gone.” TG- “before you tell me the new price let me just say that if the first digit is not a 2 and the second digit is higher than a 5, there better be a victoria secret model wearing lingerie and waiting for me in the bedroom when I get there and not one of the skinny ones either.” Long pause…I laughed for a week after that, I just laughed again remembering it. If it hadn’t been a female realtor I bet that joke would have gotten some traction. Thank goodness my fellow pigs talked me out of buying, this is going to be a blast.

[temeculaguy]

I held out, the place I almost bought but was kinda outbid (my verbal offer was outbid by a higher written one) went into escrow and of course fell out due to the failed 100% financing buyer. They called me yesterday and and offered it at 10% below my offer but I already moved and am in a 6 mos lease, so it looks like i have a front row seat for the next few months. Stuff is dropping like a rock right now so I’m raising my quality target away from a thrashed repo to something a little more turnkey at an even lower price. Gotta love the new look of redfin, they capture price lowering data now. Here’s a cut and pasted example from redfin regarding list price data for a partuclar place, I’m witholding the actual link because it’s on my list of places to buy and quite frankly I don’t need the competition.

Listing Price History
Date Price
Aug 25, 2007 $399,000
Sep 05, 2007 $389,000
Sep 17, 2007 $379,000
Sep 25, 2007 $369,000
Sep 28, 2007 $359,000
Oct 12, 2007 $350,000
Jan 16, 2008 $340,000
Jan 23, 2008 $330,000
Jan 30, 2008 $320,000

At the current rate they will pay me to take it in three years. I love the new redfin, it even sometimes captures the data on the relistings, you have to scroll to the bottom. This is pretty indicative of the market here, how can I possibly pull the trigger now, I’m saving 10k a week. When it hits 250k I might return their phone calls, then again, maybe I wont. Seriously I’m having a blast as the only qualified buyer with a downpayment left in town, now I know what Bill Gates felt like at his high school reunion. I love their polished sales pitches when they call to tell me the house I was interested is miracoulously back on the market. It goes something like this for price range of a property like the one above (this is from a real call and I really said this). Realtor “Great news, the house you were looking at fell out of escrow and I know you thought it was a good buy at 350k, the new listing price is even lower now, I say we meet today at the propery and write an offer before it’s gone.” TG- “before you tell me the new price let me just say that if the first digit is not a 2 and the second digit is higher than a 5, there better be a victoria secret model wearing lingerie and waiting for me in the bedroom when I get there and not one of the skinny ones either.” Long pause…I laughed for a week after that, I just laughed again remembering it. If it hadn’t been a female realtor I bet that joke would have gotten some traction. Thank goodness my fellow pigs talked me out of buying, this is going to be a blast.

[temeculaguy]

I held out, the place I almost bought but was kinda outbid (my verbal offer was outbid by a higher written one) went into escrow and of course fell out due to the failed 100% financing buyer. They called me yesterday and and offered it at 10% below my offer but I already moved and am in a 6 mos lease, so it looks like i have a front row seat for the next few months. Stuff is dropping like a rock right now so I’m raising my quality target away from a thrashed repo to something a little more turnkey at an even lower price. Gotta love the new look of redfin, they capture price lowering data now. Here’s a cut and pasted example from redfin regarding list price data for a partuclar place, I’m witholding the actual link because it’s on my list of places to buy and quite frankly I don’t need the competition.

Listing Price History
Date Price
Aug 25, 2007 $399,000
Sep 05, 2007 $389,000
Sep 17, 2007 $379,000
Sep 25, 2007 $369,000
Sep 28, 2007 $359,000
Oct 12, 2007 $350,000
Jan 16, 2008 $340,000
Jan 23, 2008 $330,000
Jan 30, 2008 $320,000

At the current rate they will pay me to take it in three years. I love the new redfin, it even sometimes captures the data on the relistings, you have to scroll to the bottom. This is pretty indicative of the market here, how can I possibly pull the trigger now, I’m saving 10k a week. When it hits 250k I might return their phone calls, then again, maybe I wont. Seriously I’m having a blast as the only qualified buyer with a downpayment left in town, now I know what Bill Gates felt like at his high school reunion. I love their polished sales pitches when they call to tell me the house I was interested is miracoulously back on the market. It goes something like this for price range of a property like the one above (this is from a real call and I really said this). Realtor “Great news, the house you were looking at fell out of escrow and I know you thought it was a good buy at 350k, the new listing price is even lower now, I say we meet today at the propery and write an offer before it’s gone.” TG- “before you tell me the new price let me just say that if the first digit is not a 2 and the second digit is higher than a 5, there better be a victoria secret model wearing lingerie and waiting for me in the bedroom when I get there and not one of the skinny ones either.” Long pause…I laughed for a week after that, I just laughed again remembering it. If it hadn’t been a female realtor I bet that joke would have gotten some traction. Thank goodness my fellow pigs talked me out of buying, this is going to be a blast.

[Author]

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