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Strategies & Market Trends
The Residential Real Estate Crash Index
An SI Board Since June 2001
Posts SubjectMarks Bans Symbol
306849 644 0 $HGX
Emcee:  patron_anejo_por_favor Type:  Unmoderated
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ReplyMessage PreviewFromPosted
63507My father who died 4 years ago remembered the German hyperinflation and he was 7Moominoid10/8/2006
63506In FL it held true until about 1979.Jim McMannis10/8/2006
63505If you have a 10-20 year time horizon, Washington is a pretty good bet even at tDale Baker10/8/2006
63504We are talking about broward county here not the french riviera. Dude put 419k Travis_Bickle10/8/2006
63503I have credit card debt but at 0-3%. But not as much as $43k (actually $7k). I wMoominoid10/8/2006
63502Re: <i>many real estate bears ROUTINELY assume people putting money into rDan310/8/2006
63501Re: <i>Compared with other states, where many Texas teachers are from, theDan310/8/2006
63500Some rookie agents flocked to real estate with outsize expectations. Cofer, for Travis_Bickle10/8/2006
63499<<you are implying that RE property value will go up over a period of timeTradelite10/8/2006
63498<<He can't sell it because he can't get enough money for it to cleTradelite10/8/2006
63497Kara Cascade? globaleconomicanalysis.blogspot.com Mishmishedlo10/8/2006
63496I had a real estate law professor at U.C. Berkeley, Marvin Starr, who was also aElroy Jetson10/8/2006
63495I saw a nearly identical Centex letter three months ago. Its interesting to seeElroy Jetson10/8/2006
63494I think companies like Intel will always be headquartered in California, but theElroy Jetson10/8/2006
63493"I don't think the rent vs. buy equation has worked in many markets forXoFruitCake10/8/2006
63492yes, already in progress Mishmishedlo10/8/2006
63491I don't think the rent vs. buy equation has worked in many markets for a whiLizzie Tudor10/8/2006
63490K. Hovnanian memo to employees MEMORANDUM TO: All Associates FROM: Ara K. HovnaCalculatedRisk10/8/2006
63489<I>Andy Groves said he would never build another plant there.</i> YLizzie Tudor10/8/2006
63488Re: <i>Is it so bad down there that even a desperation sale at a major disDan310/7/2006
63487"renters should be trying to work deals where all their rent money doesnXoFruitCake10/7/2006
63486A foreclosing bank would certainly have every incentive to sell a foreclosed homElroy Jetson10/7/2006
63485Occam's Razor globaleconomicanalysis.blogspot.com Mishmishedlo10/7/2006
63484What possibility is the bank working out a discounted sale to existing renters arenovator10/7/2006
63483I'm not stuck in the Dark Ages. So far i'm living in now.Oblivious10/7/2006
63482Productivity always rises? Productivity either rises or it falls. Reading glassElroy Jetson10/7/2006
63481What I said was Technology and Productivity always rise. Asset and Commodities pOblivious10/7/2006
63480Exactly. Homes prices always rise, except when they fall. Businesses are alway Elroy Jetson10/7/2006
63479The cycle always comes back to norms. Asking price, Bid price. Accepted price anOblivious10/7/2006
63478There is no need to reduce the asking price on properties in the Washington DC aElroy Jetson10/7/2006
63477Latest Northern Va reports nvar.com This next link has the quarterly NAR econoLes H10/7/2006
63476Berkeley population has been basically flat since 1980. It was up to 116000 iJBTFD10/7/2006
63475I used to be a bona fide tax expert but no expertise is required here, the expenTravis_Bickle10/7/2006
63474We need a tax expert on this thread who could compute the monthly cash flow for Tradelite10/7/2006
63473The problem is that in the bubble areas speculators bought with interest only orTravis_Bickle10/7/2006
63472Inventory in the DC area is likewise up hundreds of percent, but nothing catchesTradelite10/7/2006
63471'Competition' with China is Killing U.S. alternet.orgLes H10/7/2006
63470As California becomes ever more affluent, it is increasingly difficult to economElroy Jetson10/7/2006
63469Inventory in broward county is up 300% y-o-y.Travis_Bickle10/7/2006
63468>>>in 1965 the US mint shifted from silver coinage to a copper nickel sChanceIs10/7/2006
63467The folks in our household are avid coin hoarders, since childhood and especiallTradelite10/7/2006
63466"Bad money drives out good." I saw how quickly true silver coins disapheilman_10/7/2006
63465The "bad money" of nice restaurants and retail stores... Clearly therChanceIs10/7/2006
63464I don't know anything about the Florida condo market, but I do know anythingTradelite10/7/2006
63463In the instant case the owner is down $1,100 per month and owes the bank $419k lTravis_Bickle10/7/2006
63462Your example assumes the owner is (a) paying $500 per month in association fees Tradelite10/7/2006
63461"I might mention to some of my coworkers that you can buy 50 Boulder condosbentway10/7/2006
63460The "bad money" of nice restaurants and retail stores have pushed out Elroy Jetson10/7/2006
63459>>>Gift from "owner" to renter is $1,100 per month.<<&lChanceIs10/7/2006
63458sure, but given the magnitude of those listings, it doesn't look like 30K isLizzie Tudor10/7/2006
63457In this particular case, the owner loses $1,100 per month and your suggestion ispheilman_10/7/2006
6345618k is just 60% of 30k. To put it into a bay area perspective for you, it'sbentway10/7/2006
63455>>>How do the house prices stay up when 10% of the population leaves?&lChanceIs10/7/2006
63454Nikole, your attempt at economic analysis falls a little short. Less affluent peElroy Jetson10/7/2006
63453Pardon my obvious prejudice, but having to write a check to a landlord every monTradelite10/7/2006
63452well it looks like 18K per unit would be the going price for that area and only Lizzie Tudor10/7/2006
63451I can't find those 18k condos. But Realtor.com has a cool new mapping featubentway10/7/2006
63450This is a strange conversation. Guess it is my engineering background, I just lopheilman_10/7/2006
63449sure, there are a lot of decent houses in Willow Glen for the 600K-700Ks range wLizzie Tudor10/7/2006
63448"Citizens are running from Peoples Republic of Berkeley as used to be from bentway10/7/2006
63447<i>I think lots of areas in the bay area have already fallen about 20-25% Siddhartha Gautama10/7/2006
63446Do you think it's time to start picking Denver's bones? Or would it be bentway10/7/2006
63445Prices are down in Berkeley like the rest of the bay area.Lizzie Tudor10/7/2006
63444post back on your experiences with these auctions. Whether you think the sales Lizzie Tudor10/7/2006
63443Re: Berkeley population drop 120,000 to 106,000. How do the house prices stay upheilman_10/7/2006
63442he's such a broken clock though.Lizzie Tudor10/7/2006
63441lizzie lol All i did was read the Boston globe auction section on Sundays, anPogeu Mahone10/7/2006
63440Flickenstein - Snippets from Oct 2 essay: (I love it when he talks dirty.) BewChanceIs10/7/2006
63439is that guy for real you think, or one of these nutcases like on youtube who filLizzie Tudor10/7/2006
63438we haven't had any auctions out here yet. I don't think we have the samLizzie Tudor10/7/2006
63437My experience is pretty much in line with your remarks about auctions. I think Tradelite10/7/2006
63436Yeh, not all auctions are equal. Many auctions charge 10% fees to the winning biGeorge810/7/2006
63435Have a hard time wrapping my mind around your opinion, but that's OK. I saiTradelite10/7/2006
63434do you find auctions are worthwhile? Which type of auctions, bank auctions or bLizzie Tudor10/7/2006
63433The way i look at it is the landlord is paying him to live there. If he was pPogeu Mahone10/7/2006
63432John I question this statement: Go south 75 miles to built out Ft Lauderdale wPogeu Mahone10/7/2006
63431I was going to ask why anyone would knowingly rent from an owner who might be foTradelite10/7/2006
63430The iamfacingforeclosure guy plans to get out of the mess by serving as a real eTravis_Bickle10/7/2006
63429What happens when the bank forecloses, which it assuredly will?Travis_Bickle10/7/2006
63428A lease with option to buy is just that. Agreed upon in advance is that some orTradelite10/7/2006
63427There is no way out, the owner is finished he just doesn't know it yet. In Travis_Bickle10/7/2006
63426If mortgage interest, taxes, insurance and maintenance far exceed monthly rentalDale Baker10/7/2006
63425He is in the business and would not dream of going underwater from the go. ThisPogeu Mahone10/7/2006
63424We put a right of first refusal clause to buy in our lease, in case we find we lDale Baker10/7/2006
63423Isn't that exactly why owners should be looking at the lease/option alternatTradelite10/7/2006
63422Owner paid $419 for it, no way out except to give it back to the bank. South FlTravis_Bickle10/7/2006
63421Maybe folks who, like your son, are renting homes that the owners can't sellTradelite10/7/2006
63420My son lives in a brand new townhose in Fort Laurderedale renting @$1600. 2bedroPogeu Mahone10/7/2006
63419Re: <i>Analyst Alex Barron of JMP Securities </i> Based upon his esDan310/7/2006
63418NEW YORK, October 5 (newratings.com) - Analyst Alex Barron of JMP Securities maiTravis_Bickle10/7/2006
63417Citizens are running from Peoples Republic of Berkeley as used to be from SovietNikole Wollerstein10/7/2006
63416Home loan defaults rise 32% Foreclosures in Denver area near record territory ByJohn Vosilla10/7/2006
63415Here is the graph of MBA Purchase Applications that Greenspan suggest shows thatCalculatedRisk10/6/2006
63414>>Marijuana May Stave Off Alzheimer's, Study Claims<< Or, at lebentway10/6/2006
63413bloomberg.combruiser9810/6/2006
63412patron, I just hope he lives a very, very long time. Long enough to see, "TH10/6/2006
63411>>I wish Greenspan would shut up.<< I do too...or as the army guy spatron_anejo_por_favor10/6/2006
63410Greenspan was blabbing at some luncheon today that the worse may be over for houTH10/6/2006
63409Re: <i>each time they reinflate, the divide becomes greater between the riDan310/6/2006
63408Whew! Glad that's over.....<VBG> When's that old fool been right patron_anejo_por_favor10/6/2006
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