petej's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/60349/comments http://seekingalpha.com/article/140173-new-home-sales-the-raw-data?source=feed#comment-523061 523061
I predict 2009 will do much the same given the new new crisis in Prime ARM resets and the record numbers (additions) of pre- and forcelosure filings in Q1 2009.

Why all the hullabaloo about a minor uptick from Mar.09 to April 09? Perhaps more of the authors should practice some disclosure on where they stand on their mortgages!!!! Seems that's the rule/law for stock advise, why not housing advise.

Disclosure: I rent in Los Angeles and have no intention of buying a house or buying the hype of a housing recovery in 09. Will reconsider my position in Nov. 2010.]]> Fri, 29 May 2009 12:56:48 -0400
I predict 2009 will do much the same given the new new crisis in Prime ARM resets and the record numbers (additions) of pre- and forcelosure filings in Q1 2009.

Why all the hullabaloo about a minor uptick from Mar.09 to April 09? Perhaps more of the authors should practice some disclosure on where they stand on their mortgages!!!! Seems that's the rule/law for stock advise, why not housing advise.

Disclosure: I rent in Los Angeles and have no intention of buying a house or buying the hype of a housing recovery in 09. Will reconsider my position in Nov. 2010.]]> http://seekingalpha.com/article/110539-falling-foreclosure-headlines-are-misleading?source=feed#comment-329065 329065 Sun, 14 Dec 2008 11:41:40 -0500 http://seekingalpha.com/article/108857-low-interest-rates-fail-to-boost-home-sales?source=feed#comment-320047 320047
A family of 4 should not day trade on their housing search. Think of it this way, if the value temporarily goes down 100k then your property taxes should drop too. If you're in California you can then reset lower for the future due to Prop 13.


On Dec 03 11:45 AM jackooo wrote:

> Why would you buy a house at 0% interest if it is going to lose $100,000
> over the next year?
> My neighbors house in Ca. is down from the asking price $120,000.]]> Wed, 03 Dec 2008 13:40:27 -0500
A family of 4 should not day trade on their housing search. Think of it this way, if the value temporarily goes down 100k then your property taxes should drop too. If you're in California you can then reset lower for the future due to Prop 13.


On Dec 03 11:45 AM jackooo wrote:

> Why would you buy a house at 0% interest if it is going to lose $100,000
> over the next year?
> My neighbors house in Ca. is down from the asking price $120,000.]]> http://seekingalpha.com/article/93677-apple-to-reveal-mysterious-product-transition-on-september-9th?source=feed#comment-244652 244652 Wed, 03 Sep 2008 13:11:30 -0400 http://seekingalpha.com/article/91557-cellphone-showdown-meet-the-gphone?source=feed#comment-234101 234101
To leave Nokia and the Symbian platform out of your report clearly negates any credibility here.]]> Tue, 19 Aug 2008 13:39:10 -0400
To leave Nokia and the Symbian platform out of your report clearly negates any credibility here.]]>