Recent content by ihate-nar_IHB

I thought bottom was in six months ago. Didn't Lawrence Yun said that?

What? Once again the REOs exceeded REO sales in October...I think we are at the bottom :)

It's a typo. They missed a 1 before $495,000. Should read $1495,000 :)

Pardon my ignorance. Care to explain what are you anticipating?

Yey! Now is the time to wait!

What is the logic behind accepting a low all cash offer which is less than higher overall amount with a loan involved?

Today's investors are tomorrow's defaulters.

Yep. fools were over bidding in 2005 and still happening now. There is no shortage of them.

That is 4.2% appreciation per year from the 1992 sold price. Does not seem to be that off.

I agree on inventory level but not on economy. I thinks worst of economy is behind us, but will it back on foot very time soon? I seriously doubt it. It's that sagging economy for next few years and constant high UE rate will keep the housing in trouble for quite some time.

It'll take some time to get the koolaid out of the system.

No I am not.

LOL! Busted.

What you mean is sit back,relax and enjoy more fall in prices?

And you have to take a test in one of your six school district and be in the top of 5 to get an entry in Oxford.