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Is that an electrical cord I see draped from the fountain? Tacky...

Yo Troop, how'd you know the HB Bigbird was logged in? It got me looking and I discovered the Member List at the top of the website and it is hilarious! The members are ranked by the number of posts made. Remember good 'ole NIRVINEREALTOR? She is one of the top posters, but hasn't been...

I would really like to know how many borrowers fit boomben's profile, i.e. prime borrowers who have (crushing) resets in 3 or more years in LA/OC. I'll bet many of these borrows think the market will correct itself by their reset time or maybe aren't even aware/concerned of the impending...

"I can see a ?pre-emptive? selling move by the buyers who realized they are royally screwed in 2010 trying to dump their homes in 2009 and avoid the stampede. " I think that is the big unkown in all of this. If there is a giant stampede of "owners" who hand their houses back to the lenders...

I think what the farmers really fear is a public outcry to allow free trade to reduce prices.

I hear Bush on the radio yesterday saying that he would support legislation that will help the housing market correct quickly. It is funny how everyone has a different idea of what "correct" is. These sellers would say the price of homes need to climb back up, like during the bubble years. Of...

I've a friend who lives right around the corner from the Lofts. She bought in '97 for, I believe, 325K or so. We're talking a SFR with an actual garage, front and back yards, where you can plant a garden and keep a dog. I was floored when I saw they were asking double what she paid 10 years...

I say tear the lofts down and bring back Hubert's Dairy! One of the last "drive-through" dairies around, complete with a life-size plastic (?) cow out in front. The dairy had been there for years, but I believe the land was appropriated by the city (against the owner's will) to build the...

The memory of rapid housing appreciation is still fresh in people's minds. However, in 2 to 3 years (years of constant house depreciation) the "good 'ole days" will be a distant memory and the foolish/reckless specuvestor will be onto another diversion.

Does the "New Home Counselor" try to talk you ought of buying a home...like a good counselor would?

<p>Regarding that Snoop/Beckham video (an idea popped into my head after watching a minute of it):</p> <p>They should do a "real world" show where they take Snoop's kids away for 5 years or so and place them in a British boarding school. Allow no contact between them and their dad.</p>...

Done deal. Thanks for the link!

<p>My theory is that the NAR paid off the politicians to get this "allowance" towards the purchase of a home. It is an example of how the NAR "kickbacks" the commissions from home sales to politicians to pass the legislation which helps keep home prices high. The legislation does NOTHING in...

<p>socalmd,</p> <p>When did you buy for 395 and what would it go for now?</p> <p>And are you an "md" as in medical doctor? That a medical doctor can't afford a nice house is amazing, but not suprising!</p>

I hope IR's book has a chapter on the shenanigans of the purchasers and/or equity extractors (such as those posted on the blog) that are just walking away from their financial obligations. I want him to inflame public ire towards these people and the banking industry so that John Q. Responsible...

<p>"What college your kid will attend will be determine by the following criteria"</p> <p>You forgot to list "who your daddy is" as a possible criteria.</p>

<p>Any stocks left to short? Or is that game all played out?</p> <p>(Sorry for hijacking the thread. Then again, I'm talking about shorting housing - somehow!)</p>

<p>"Everyone drives a Mercedes, BMW, Hummer, etc. and races around like they're the most important person on the planet."</p> <p>I'm guessing this activity may cool a bit in the coming months. </p> <p>Anybody know how to make money in a recession?</p>

Doesn't sound like anything a couple of bake sales can't fix...NOT!!!!!!!!!

Oh man...I meant American Indians. You know, like even centuries ago the ones that lived (and are now/were buried) at NC thought themselves a little better than those who lived (and are now/were buried) at the swampy Brightwater area.