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November 12, 2008 at 11:51 PM in reply to: Mr Mortgage: “Massive number of people about to be taken out the market” #303611November 12, 2008 at 11:51 PM in reply to: Mr Mortgage: “Massive number of people about to be taken out the market” #303972
TheBreeze
Participant[quote=sdrealtor]Sorry but most of the CV buyers have 20% down or more. The truth is most of the buyers out there today that I am seeing do. I am sitting on a pile of listings and get offers on a daily basis. It is rare that I get an offer with less than 20% down these days. I also have several buyers looking and all but one has 20% or more.
There is alot more money out there than you all think around here. There are also a ton of folks who sat out the last few years waiting for prices to fallor who were priced out but not anymore.[/quote]
Imagine that. A realtor talking about how strong the RE market is. Never thought I’d see the day.
November 12, 2008 at 11:51 PM in reply to: Mr Mortgage: “Massive number of people about to be taken out the market” #303984Participant[quote=sdrealtor]Sorry but most of the CV buyers have 20% down or more. The truth is most of the buyers out there today that I am seeing do. I am sitting on a pile of listings and get offers on a daily basis. It is rare that I get an offer with less than 20% down these days. I also have several buyers looking and all but one has 20% or more.
There is alot more money out there than you all think around here. There are also a ton of folks who sat out the last few years waiting for prices to fallor who were priced out but not anymore.[/quote]
Imagine that. A realtor talking about how strong the RE market is. Never thought I’d see the day.
November 12, 2008 at 11:51 PM in reply to: Mr Mortgage: “Massive number of people about to be taken out the market” #304001Participant[quote=sdrealtor]Sorry but most of the CV buyers have 20% down or more. The truth is most of the buyers out there today that I am seeing do. I am sitting on a pile of listings and get offers on a daily basis. It is rare that I get an offer with less than 20% down these days. I also have several buyers looking and all but one has 20% or more.
There is alot more money out there than you all think around here. There are also a ton of folks who sat out the last few years waiting for prices to fallor who were priced out but not anymore.[/quote]
Imagine that. A realtor talking about how strong the RE market is. Never thought I’d see the day.
November 12, 2008 at 11:51 PM in reply to: Mr Mortgage: “Massive number of people about to be taken out the market” #304059Participant[quote=sdrealtor]Sorry but most of the CV buyers have 20% down or more. The truth is most of the buyers out there today that I am seeing do. I am sitting on a pile of listings and get offers on a daily basis. It is rare that I get an offer with less than 20% down these days. I also have several buyers looking and all but one has 20% or more.
There is alot more money out there than you all think around here. There are also a ton of folks who sat out the last few years waiting for prices to fallor who were priced out but not anymore.[/quote]
Imagine that. A realtor talking about how strong the RE market is. Never thought I’d see the day.
Participant[quote=TheBreeze]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.[/quote]
It’s hard to believe I made this post like six days ago when the USO was at 50 and now it’s around 45. That’s too quick of a drop for me to continue with my plan. For now, I’ll stick with the chunk of USO I currently have and probably end up selling it about 25% lower from here as is my custom when I buy a stock.
Participant[quote=TheBreeze]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.[/quote]
It’s hard to believe I made this post like six days ago when the USO was at 50 and now it’s around 45. That’s too quick of a drop for me to continue with my plan. For now, I’ll stick with the chunk of USO I currently have and probably end up selling it about 25% lower from here as is my custom when I buy a stock.
Participant[quote=TheBreeze]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.[/quote]
It’s hard to believe I made this post like six days ago when the USO was at 50 and now it’s around 45. That’s too quick of a drop for me to continue with my plan. For now, I’ll stick with the chunk of USO I currently have and probably end up selling it about 25% lower from here as is my custom when I buy a stock.
Participant[quote=TheBreeze]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.[/quote]
It’s hard to believe I made this post like six days ago when the USO was at 50 and now it’s around 45. That’s too quick of a drop for me to continue with my plan. For now, I’ll stick with the chunk of USO I currently have and probably end up selling it about 25% lower from here as is my custom when I buy a stock.
Participant[quote=TheBreeze]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.[/quote]
It’s hard to believe I made this post like six days ago when the USO was at 50 and now it’s around 45. That’s too quick of a drop for me to continue with my plan. For now, I’ll stick with the chunk of USO I currently have and probably end up selling it about 25% lower from here as is my custom when I buy a stock.
November 12, 2008 at 9:44 PM in reply to: Just wondering where all the “Bring it on people” are at #303465Participant[quote=asianautica]
If you noticed, he did state first that he got his BSEE at UCSD and being in the field as an EE for 20 years. As an alumni BSEE at UCSD, he has my respect. Why don’t you post your education and experience before you attempt to belittle anyone else. You know what they say, the louder the bark, the smaller the bite. You sir, have the loudest bark I’ve seen. If you even paid attention, you’ll noticed that he’s a Libertarian. You’re the one who voted for the guy who voted for all these bailouts, so you shouldn’t be talking. Those who live in a glass house shouldn’t be throwing stones.[/quote]Yeah, I was a little hard on SD in that post. The BSEE side of him deserves to be respected. The realtor side? Meh.
By the way, even though I’m very happy that Obama beat McCain, I did end up voting for Bob Barr. Did he get to 5%? Ruff!
November 12, 2008 at 9:44 PM in reply to: Just wondering where all the “Bring it on people” are at #303829Participant[quote=asianautica]
If you noticed, he did state first that he got his BSEE at UCSD and being in the field as an EE for 20 years. As an alumni BSEE at UCSD, he has my respect. Why don’t you post your education and experience before you attempt to belittle anyone else. You know what they say, the louder the bark, the smaller the bite. You sir, have the loudest bark I’ve seen. If you even paid attention, you’ll noticed that he’s a Libertarian. You’re the one who voted for the guy who voted for all these bailouts, so you shouldn’t be talking. Those who live in a glass house shouldn’t be throwing stones.[/quote]Yeah, I was a little hard on SD in that post. The BSEE side of him deserves to be respected. The realtor side? Meh.
By the way, even though I’m very happy that Obama beat McCain, I did end up voting for Bob Barr. Did he get to 5%? Ruff!
November 12, 2008 at 9:44 PM in reply to: Just wondering where all the “Bring it on people” are at #303839Participant[quote=asianautica]
If you noticed, he did state first that he got his BSEE at UCSD and being in the field as an EE for 20 years. As an alumni BSEE at UCSD, he has my respect. Why don’t you post your education and experience before you attempt to belittle anyone else. You know what they say, the louder the bark, the smaller the bite. You sir, have the loudest bark I’ve seen. If you even paid attention, you’ll noticed that he’s a Libertarian. You’re the one who voted for the guy who voted for all these bailouts, so you shouldn’t be talking. Those who live in a glass house shouldn’t be throwing stones.[/quote]Yeah, I was a little hard on SD in that post. The BSEE side of him deserves to be respected. The realtor side? Meh.
By the way, even though I’m very happy that Obama beat McCain, I did end up voting for Bob Barr. Did he get to 5%? Ruff!
November 12, 2008 at 9:44 PM in reply to: Just wondering where all the “Bring it on people” are at #303856Participant[quote=asianautica]
If you noticed, he did state first that he got his BSEE at UCSD and being in the field as an EE for 20 years. As an alumni BSEE at UCSD, he has my respect. Why don’t you post your education and experience before you attempt to belittle anyone else. You know what they say, the louder the bark, the smaller the bite. You sir, have the loudest bark I’ve seen. If you even paid attention, you’ll noticed that he’s a Libertarian. You’re the one who voted for the guy who voted for all these bailouts, so you shouldn’t be talking. Those who live in a glass house shouldn’t be throwing stones.[/quote]Yeah, I was a little hard on SD in that post. The BSEE side of him deserves to be respected. The realtor side? Meh.
By the way, even though I’m very happy that Obama beat McCain, I did end up voting for Bob Barr. Did he get to 5%? Ruff!
November 12, 2008 at 9:44 PM in reply to: Just wondering where all the “Bring it on people” are at #303912Participant[quote=asianautica]
If you noticed, he did state first that he got his BSEE at UCSD and being in the field as an EE for 20 years. As an alumni BSEE at UCSD, he has my respect. Why don’t you post your education and experience before you attempt to belittle anyone else. You know what they say, the louder the bark, the smaller the bite. You sir, have the loudest bark I’ve seen. If you even paid attention, you’ll noticed that he’s a Libertarian. You’re the one who voted for the guy who voted for all these bailouts, so you shouldn’t be talking. Those who live in a glass house shouldn’t be throwing stones.[/quote]Yeah, I was a little hard on SD in that post. The BSEE side of him deserves to be respected. The realtor side? Meh.
By the way, even though I’m very happy that Obama beat McCain, I did end up voting for Bob Barr. Did he get to 5%? Ruff!
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