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August 14, 2008 at 12:44 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #257138August 14, 2008 at 12:44 PM in reply to: Peter Schiff: Housing prices will go back to 2000 or lower… #257186
urbanrealtor
Participant[quote=FormerSanDiegan][quote=mixxalot]I see a lot of broke poor people and average income does not support current inflated real estate prices in San Diego. I think prices will drop for 2 more years.[/quote]
Yeah, if that’s true then I called the bottom and I will only be off by two years. The 2001 market top folks were off by 4 years and 80%+ and have declared themselves clairvoyant.[/quote]
Good post FSD.
That is one of the most innovative angles I have seen here.
I hate it when you bastards actually post something intuitive or analytical. Now I have to spend the rest of the day trying not to get distracted thinking about this.
Damn.
ParticipantJust trying to keep this thread high up.
ParticipantJust trying to keep this thread high up.
ParticipantJust trying to keep this thread high up.
ParticipantJust trying to keep this thread high up.
ParticipantJust trying to keep this thread high up.
Participantokay so why am I the only one who posts on this thread?
Participantokay so why am I the only one who posts on this thread?
Participantokay so why am I the only one who posts on this thread?
Participantokay so why am I the only one who posts on this thread?
Participantokay so why am I the only one who posts on this thread?
ParticipantYou have a good point with that bit about education.
I have found with first-timers that often it is illustrative to let them low ball and lose the first few places.Its painful for them and its painful to see as an agent (and as a friend). However, I think it is a necessary evil. If they are making offers that are below what the market will bear or what they really are willing to value it at, then changing that behavior really has to be endogenous.
I never want to be the agent who pushes someone to offer more than they are comfortable with. Losing a place can help some buyers really take their own temp as far as their interest.
ParticipantYou have a good point with that bit about education.
I have found with first-timers that often it is illustrative to let them low ball and lose the first few places.Its painful for them and its painful to see as an agent (and as a friend). However, I think it is a necessary evil. If they are making offers that are below what the market will bear or what they really are willing to value it at, then changing that behavior really has to be endogenous.
I never want to be the agent who pushes someone to offer more than they are comfortable with. Losing a place can help some buyers really take their own temp as far as their interest.
ParticipantYou have a good point with that bit about education.
I have found with first-timers that often it is illustrative to let them low ball and lose the first few places.Its painful for them and its painful to see as an agent (and as a friend). However, I think it is a necessary evil. If they are making offers that are below what the market will bear or what they really are willing to value it at, then changing that behavior really has to be endogenous.
I never want to be the agent who pushes someone to offer more than they are comfortable with. Losing a place can help some buyers really take their own temp as far as their interest.
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