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<p>Other builders that have throttled back or fully postponed at Villages of Columbus.</p> <p>If Lennar sticks around, they are also waiting for the turnaround to pick up the pace on the Great Park.</p> <p>It is much smaller, but Woodbury East will get turned back on...supply is lurking.</p>

<p><em>"We are working with our builders to make sure that virtually everything is done with regards to completing the permitting and planning processes, so that we can move swiftly when the market begins to uptick."</em></p> <p>THAT is pent-up supply. It will almost guarantee that even when...

<p>Almost all fuel injected vehicles have controls that sense knock (the most common negative effect that Nude and jwbrown77 were accurately describing) and change how the engine runs to prevent it from continuing. When this prevention kicks in, the risk of damage to the engine is minimal, but...

<p>The answer is if the builders <em>were</em> sure the bottom is now, they'd offer post-closing price protection and wouldn't see it as a risk. The fact that they won't offer this shows that they are confident the market will continue to drop.</p> <p>Any of these protections up to the close...

<p>I think IAC won't like your suggestion!</p> <p>Other than that, it is a great idea. Whether it is worth it to Craiglist to support the policing of this, I don't know.</p> <p>SCHB</p>

<p>I'm not saying it's a good deal, I'm just noting that even though it was <em>relatively </em>affordable, even an amateur could see how silly the builders were getting with their strategies.</p> <p>SCHB</p>

<p>Amazing, that R6. Started at $539k, up a few increments to $582k even as the bubble was starting to deflate. 18 months later, it has fallen to net of $485k, with a few upgrades.</p> <p>I remember shaking my finger at that sales lady when they jumped from $539 to $565 in late 2006 saying...

<p>It has been very quiet and likely will remain so until the marketplace conditions improve.</p> <p>A few snippets of news trickled out last fall confirming Lennar wasn't doing jack squat.</p> <p>SCHB</p>

<p>This is like a group delivery of someone giving birth!</p> <p>SCHB</p>

<p>Interesting, the projected specificity of "<em>Fall</em> 2011."</p> <p>If TIC's prognostication machine were as accurate as that implies, it seems the current market wouldn't have been caught them off guard to begin with...</p> <p>SCHB</p>

Still at work and libations are hours away, if at all, tonight.

<p>I'm sure they've got some granite to justify it!</p> <p>SCHB</p>

<p>eff said-</p> <p><em>"They might be a stuck flipper. "</em></p> <p>I skimmed through that and the first thing I saw was <em>"They might be a f***ed slipper"</em> and thought...is that new snarkese that I haven't heard? Kinda mean + cuddly rolled into one?</p> <p>Uh, no...I've just...

<p>There would definitely be an effect from reducing supply. My question is:</p> <p>Would the new loan amount get recorded, essentially setting new comps? If this were to happen en masse, it would be a very strong effect on the market.</p> <p>Could enough product be removed from the...

<p>It does smack of unfairness but (if it happens) ultimately will just affirm lower prices in the rest of the market, allowing prudent renters to buy.</p> <p>The biggest unfair aspect would have been missing living in one's own home instead of renting for the last few years. I can deal with...

<p>Fair enough. If you ever do find the distribution, I'm very curious to know how my perceptions line up with reality.</p> <p>-SCHB</p>

<p>no_vas- what is your source for the percentiles? Please share. $150k as top 5% of OC sounds off the mark...</p> <p>SCHB</p>

<p><em>"Suppose you are in a long line of cars that are all headed to the same place. You have a vague, but not perfect idea of how to get to your destination. At one intersection, by chance, the first three cars get it wrong and turn left instead of right."</em></p> <p>That is PRECISELY what...

<p>An activist group found Mozillo's home number and eventually got a meeting with Countrywide execs...</p> <p><a href="http://biz.yahoo.com/ap/080301/the_shark_hunters.html">http://biz.yahoo.com/ap/080301/the_shark_hunters.html</a></p> <p>SCHB</p>