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  • Why I'm Bullish on Homebuilders [View article]
    PREPARE TO LOSE MONEY....
    go see what the REOs for the SAME models are selling for across the street.
    ITS SHOCKING
    Apr 07 14:28 pm |Rating: +1 -1 |Link to Comment
  • Housing in a Death Spiral, Taking the Mortgage Industry with It [View article]
    WRONG WRONG WRONG.......
    put down the economic statistics crack pipe
    interview some people that are in involved in real estate every day.
    You might be shocked what you hear.

    We are in a new paradigm, whatever rules that were applied in the past dont apply to the future.



    Apr 02 12:44 pm |Rating: 0 0 |Link to Comment
  • Homebuilders Bounce: An Early Sign of Recovery? [View article]
    REO across the street priced 20% below same model theyre selling.

    they have to use their own mortgage companies/appraiser whores to get deals funded cause prices are too high relative to comparables

    BUILDERS ARE TOAST
    Mar 31 13:12 pm |Rating: 0 0 |Link to Comment
  • California Home Sales Increase 83% in February as Home Prices Fall by 41%  [View article]
    This is VERY POSITIVE NEWS people.
    and yes, like it or not Investors are buying in droves......

    Its the best positive CASH FLOW window I HAVE EVER SEEN.

    Many investors are putting down sizeable down payments so the potential foreclosure risk isnt as high.

    Listen to the doom and gloomers and you will MISS THE BOAT.

    Let the new cycle begin.
    Mar 26 22:02 pm |Rating: 0 0 |Link to Comment
  • Time to Buy the Homebuilders [View article]
    YOU ARE COMPLETELY WRONG

    REO'S for the same models across the street priced 20% less than new models.
    REOs selling BELOW COST TO BUILD
    TOLL BROS uses inflated appraisals and their own mortgage company to finance their deals.

    BUILDERS ARE DEAD IN THE WATER......

    Mar 25 20:23 pm |Rating: +2 0 |Link to Comment
  • NAR's Chief Economist: Totally Clueless [View article]
    might be the 997th article i have read on the same topic reiterating the same thing.






    Sep 11 20:44 pm |Rating: 0 0 |Link to Comment
  • Housing Sales: Another Take On Modeling and Forecasting [View article]
    maybe you should ask an appraiser ......
    not a wall street journal reading, overpaid economist....
    or some snot nosed quant, fresh out of Wharton

    we employ quantitative and qualitative analyses.
    technical and fundamental analyses.
    we actually talk to the parties to the transaction...
    we kick the tires.

    I could have told you the real estate market was toast 3 years ago.

    Quants DONT UNDERSTAND reality.....Financial Engineering might be the biggest joke in history.
    500 billion in losses and counting.

    No Monte Carlo analysis can predict human behavior.

    The entire banking system is in CRISIS.

    3 more years of this insanity await us.......no stabilization at least until 2011.

    Imagine if they drug tested the investment banking/dealer trading desks?

    The results would be shocking.

    s
    Sep 11 13:42 pm |Rating: 0 0 |Link to Comment
  • Housing Prices: Bottom or Temporary Bear Break? [View article]
    look for 25% more in value depreciation......

    THE ATM MACHINE IS CLOSED FOR 3 MORE YEARS

    no recovery until 2011
    Sep 10 21:21 pm |Rating: 0 0 |Link to Comment
  • Can This Bailout Work? [View article]
    CONFIDENCE RETURNS

    WHEN WALL STREET IS DRUG TESTED

    MOST INEPT OVERPAID JOKES ON THE PLANET

    500 BILLION DOLLARS IN LOSSES

    THEY ALL NEED TO BE CALLED OUT FOR THE FAKES THEY ARE!!!!!!
    Sep 10 21:16 pm |Rating: 0 0 |Link to Comment
  • Expect the Real Rally by Mid-2009 [View article]
    the only "bull" is in this article......

    stop trying to be an expert and focus on what you know best.

    repeating statistics, or what some economist says does not constitute a vaild projection of the future.

    safe to say Wall Street is CLUELESS

    500 billion in losses soon to be 1.5 trillion.

    WHERE OH WHERE IS THE RECOVERY????????



    Sep 10 21:10 pm |Rating: 0 0 |Link to Comment
  • A Long Housing Boom Won't Yield to a Brief Recovery [View article]
    as an appraiser, i dont even want to tell you the illicit "things" i saw INSIDE of mortgage broker offices.......

    many agents/brokers cant even spell or add........

    or even tell you the name of the governer of their state.........

    we wont see ANY market stabilization until at least 2011
    Jul 23 17:14 pm |Rating: 0 0 |Link to Comment
  • Yikes, But Duh: Housing Bottom Could Be Two Years Off [View article]
    Listening to a chairman who oversees an institution that has LOST OVER 40 BILLION DOLLARS........is not someone im gonna listen to.

    He's nothing more than a mindless puppet riding on a donkey of destruction.

    SOMEONE WHO HAS NO "WORKING" KNOWLEDGE OF THE REAL ESTATE IS NOT AN EXPERT. Nor can they predict the future.

    EVERY one of these idiots has to BE CALLED OUT.

    Wall Street anoints themselves as the GURUS of Finance when in reality they have created the WORST FINANCIAL DISASTER IN HISTORY.

    ITS BEYOND INSANE.
    Jul 22 13:42 pm |Rating: 0 0 |Link to Comment
  • The Usual News: Home Price Data Remains Grim [View article]
    rely on statistics and economists and you will get burned

    Case/Schiller is the biggest joke EVER......

    has ZERO connection to REALITY

    using matched pair sales to guage market movement is NOT reliable at all.

    take a look at movement of the DJUSRE since mid march. Dow Jones U.S. Real Estate Index.

    its up over 20%........

    Credit Default Swap prices are also down indicating "fear" level in market is being reduced.

    These are not "GRIM" statistics Heather.

    Reos are selling, Rents are increasing.

    People still need shelter. The DEMAND for housing is only growing.

    S.A. Birnbaum
    Certified Residential R.E. Appraiser


    Apr 29 19:33 pm |Rating: 0 0 |Link to Comment
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