Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Wednesday, April 25, 2007
New Housing Shennigans
Dow opens at 13,000. Be vewwy vewwy quiet lest we disturb the celebration. How to do that? Easy, let the NAR report new home sales in new and creative terms. If yo've got lousy numbers then report beating analyst expectations. +2.6% 858,000. Why up? Because they revised downward last months figures. If they hadn't fixed last moths figures new home sales in march would have been lower. Sheeesh.
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101 comments:
MURST and FIRST
Murst, First and во первых (that's first in russian!)
Hahahah Jiggy
DAMMIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The Dawg's got an itch this AM!
Consider this your official notice for infringement on my trademarked term 'Murst'.
Someone made reference to a Nigel Swaby pulling someones credit in a comment a few posts back...is this legit? WTF?
I even warned everyone that there would be a new housing starts post striaght up at 10:01 AM Eastern.
This'll teach jiggy to waste time with Russian and clever stuff like that.
Dammit....I take my first nap of the day and lose FIRST.
haha, i didn't waste time, i had it made up ahead of time in notepad, and had it already cut and ready to be pasted. unfortunately for me, the dog wanted to be let out...lesson learned....put in a doggy door.
NAR == Failing Forward.
Dude, you are a looser!
(yeah, yeah, yeah just like me...)
By the time they get through revising this month, last month, and the month before....revised up, revised down, revised sideways.....who knows what the damn info means?
I agree, the initial numbers are always a cluster-f*ck. Just something to get a headline and nothing else.
Barry is my favorite disector of adjustments/revisions...
@ Dawg
Is Homey saying what I think he's saying? Holy shit!
Tony, what did I miss?
i'm so lost... i missed the latest homey thing...can someone catch those of us slow-folks up to date.
Nigel's been naughty. Very naughty. Allegedly.
There once was a boy named Ni-gel
Olympic pins and mortgages he did sell
at Integrity Murst
his bubble did burst
He may soon end up in a cell.
Is Homey saying what I think he's saying? Holy shit!
----------
What did I miss? I saw the DA post but???
Nigel, creator of blogs
So many, he ends up in a fog
Comments he deletes
Oh is it sweet
Except when he riles the dawgs
Nobody is saying anything out loud on the Homey scene. Other than saying, "something might be up." that is..
So it looks like a lot of good news. New home sales are up and Casey's ride w/the sweet wheels is still parked at the Snapdragon house. No site of Casey, as to be expected as it was 7:15 in the morning, but the wheels were okay.
Down in the valley of Salt Lake
Suspicious actions one might take
Cease and desist
Of this we insist
No more mortgage loans can you make.
I loved reading that Nigel thinks there will be a housing rebound in the "Summer Selling Season". Typical Swaby Simplicity. Barry Ritholz at the Big Picture notes,
"In most markets, there is a fairly stable equilibrium between supply and demand. That balance -- just enough goods to meet the needs of those who want/need to purchase them -- maintains price stability. It also allows companies to plan and execute their production and distribution fairly smoothly.
Once either side of the equation moves out of balance, shift happens. If supply builds too high, you end up with too much product. Prices drop until increase in sales (and lower margins) reduces the inventory build. When demand drops due to credit or financing issues, a mere price drop will have little effect. This is why the decrease in Housing activity -- Sales, HELOCs, Refis -- is potentially so important."
I'd be interested to see Nigel comment on this.
Jiggy - you have to conjugate that russian verb!
I think those of us that might have an idea of what happened need to keep it down until Rob Dawg confirms.
Essentials to the Nigel Swaby Look
Here is a helpful guide from mortgage industry power broker Nigel Swaby to assist you, the pathetic haterz looser, in becoming an award-winning aspiring web jounalist and blogger.
Brought to you by Foreclosure Avoiders, the #2 Foreclosure Avoiders site on the web
"As an award-winning aspiring web journalist, I am often asked by my 2759 fans, how exactly did I manage to land the real-estate story of the year, and win 3rd place at a blog carnival?
Well, it's all in the way that you present yourself to others. How others perceive you will dramatically influence the outcome of any business or romantic situation. Below are some tips on making that all-important first impression.
You'll want to start it off with either the tiger striped or leopard print speedos. This will add a little bonus flavor for the ladies when they discover your hidden wild side. Next, add the pastel polo shirt and the pleated dockers. White is best, although khakis will work in a pinch. These go perfectly with always stylish Topsiders and the classic pleather Members Only to make a bold statement. For special occasions (such as Friday nights) bust out the custom Bill Shatner toupee, otherwise stick with the sensible neck-cape cap to hide your gleaming scalp. Of course, you'll need sunglasses with leather side visors (preferably Ray-Bans) to give you that I'm mid-30's and impotent look. And let's not forget to accessorize! The 18k gold plated calculator watch and collectible Jamaican bobsled team pin let everyone know that you're the kind of guy who can get access to even the most restricted Olympic VIP rooms. Give yourself a good dousing with Axe body spray and Hai Karate. Apply liberally to the groin area. Now you're looking and smelling like an award-winner! Throw on your water wings so that the ladies know you have a pool. Go outside and hop into your used BMW and you're ready to go turn some heads!"
The inevitable end result: success!! fame!! koi ponds!! 2759 fans!!
Haterz give up your copyright infringing ways, stop hatin', and start relatin'.
Flailing - you deserve an award.
OK, I will try to compose myself to wait patiently for the Homey scoop, but will someone PLEASE promise to tell all when it is feasible?
Tony Soprano said...
I think those of us that might have an idea of what happened need to keep it down until Rob Dawg confirms.
_________
Okay, I have done my due diligence
(a whole lot of reading) and I think I have figured it out. I am on your side, Alpha Dawg, to the mat.
Dances With Monkeys has removed his 'advertise here with me' banner at the top of his page. I think good things are coming for him . . .
flailing forward said..
LOL, you really worked hard on that advise expose, didn't you.
Fair 'nough.
I trust Tony S & besides I know he goes heavy.
Uh yeah, I'm pretty sure I know it too Tony
Jimmy C - question is did he take down the banner ebcause he's making room, or is he no longer seeking an advertiser. As Heekee said a couple days ago Casey was pursuing legitimate opportunities, but you and I both know that he can't hide the money from a straight gig, so he has to keep up the deception. Besides, who other than Nigel would enter a partnership with him? Maybe he capitulated to Nigel's request he get a w-2, though something tells me it is likely Nigel capitulated and they are working together... Good things are coming.
Hey Robbo™, respond to the guys at itsallgoodsweet.blogspot.com ... they said they e-mailed you requesting an interview, but got no response. Reply, even if just to turn them down! :o)
I know what's going on! Make sure you give us the full story when you "pull your own" information Dawg. We'z behind yo azz.
@ GameOver, regarding the acronym FFF, I changed it to "FFFFFF" on my blogger profile. heh. Take a look-see ;-)
Tick....Tick....Tick.....
Three days of silence and counting. What's this do to his sweet traffic when, and if, he returns?
Dude,
Assuming he lets commenting back on (which he'll have to if he hopes to have traffic back), I say he'll get a flood. But it won't be positive. People have missed giving you the hate directly Casey, but we all know you get it here. It's somehow not the same when you don't respond.
I sincerely hope your site IS done and you just pull it down. But disappearing for a few days isn't going to make the haters go away. Disappearing for six weeks won't either. We won't go anywhere until your story is through.
Another one bites the dust:
http://hosted.ap.org/dynamic/stories/W/WA_MORTGAGE_WHOLESALER_WAOL-?SITE=VANOV&SECTION=HOME&TEMPLATE=DEFAULT
And I thought wholesaling was the ticket to ritches!! WTF??
Okay, what the hell is going 'on'? At least point me where to read. Why all the secrecy?
By the way Dawg
If you need further donations to run your own checks about what happened, just ask. That would be money well spent in my opinion.
And yes, flailing does deserve an award, and yes Dawg, WE got your back all the way! Er..just not in the way that Nigel is IN Casey's back(side).
Heh, I'm just doing my part to enlighten the public on the man, the myth, and the legend that is Nigel Swaby.
I've got an idea what you're talking about regarding the Swabe/Dawg feud, but I don't get the part about the secrecy, unless it's just to avoid slander.
@ Casey
Love your occupation.
I just thought that since Dawg hasn't commented on it, maybe we should show him some respect and let him bring the subject up first. But it does seem that the cat is out of the bag.
cat is out of the bag.
___________
Don't you mean the cat is out of the Blog?
If it has to do with Nigel I don't care.
A high tech analysis of IAFF's Site Traffic:
Casey's Web Traffic...UPDATE
@Dawg,
Just a quick one to say, I'm good for $20 if needed.
Guys, let the Dawg do his thing. He'll tell us if and when he's ready.
That being said, I bet there are a few people that have the "Hershey squirts" today.
Nuff said.
Good one Dude although I would expect he may see a little short-term jump in traffic just from everyone checking in to see if he has come back or not. When he does come back, traffic will spike big time and then probably frop like a rock.
Is this Casey in court????
Yet another indicator that RCS is Nigel:
"If you drink wine instead of hard liquor you'll be able to squeeze into Casey size pants one day."
Dur-hurr!! If CI trolls were behind it, I would expect that they would at least know their way around a bar. Being a hard-liquor lush is one of the best weight loss programs out there! As an alcohol enthusiast, I'm offended at their cluelessness. It's got to be some lamer like Nigeypoo.
@FFFFFF - itsallgood!
@ the dude
Considering that merely existing seems to tire Snowflake out, I can't imagine him running.
9:44 @ Dude
The funny part of that video is when the guy looks up and mouths "mom"
Dawg/Poo/DA
All I can do is laugh that someone would such an idiot. Just when I think Snowflake is the dumbest box of rocks out there, poo goes and trumps him.
@flailing
I'm sure Nigey would love to fit into Casey's pants as well. Hell, at least Rob has hair, and it's not like Nigey has the body of a spartan...I guess he doesn't realize that you don't drink Rogaine.
Or perhaps Casey himself whose fridge contained Cheapass wine and Hypnotique. Hypnotique contains all kinds of sugar a fruit juice and garbage and is therefore more fattening than wine. I drink a lot of wine, and I have a um...softness about me.
Just remember Haterz™, In The Dawg We Trust.
He's yet to steer us wrong...
Missed the poetry yesterday. My take.
----------
Casey missing and
haterz muse at his absence.
Federal lockup?
@ anon 10:02
Heh, I didn't even notice that.
To whoever thought Casey gave up control of the site to Heekee, it doesn't look like that's the case.
My name is Casey, I'm an investor
If the DA comes, I'll shout arrest her
I'm never met a deal I didn't like
It comes easy to me, like riding a bike
I wish my boy Poo and Dawg would make a truce
And maybe go share a shot of Jamba Juice
People know my name wherever I go, in every hood
Loosers, haterz, sweet...itsallgood
Actually Casey's traffic seems pretty much unaffected so far -- here's the month-by-day view. The weekend sags are normal; the big spike is the Nightline appearance.
It'll drop eventually if the site remains stale; but so far the hiatus is not hurting him.
I'd expect a triumphant in-your-face-haterz the-traffic-is-fine post from Casey or Nigel any day now.
Casey explained:
http://www.msnbc.msn.com/id/18293284/site/newsweek/
Petition
Casey Uzbek
All alone
Jail time
Galina too
Y stew
http://www.petitiononline.com/serina2/petition.html
30 signatures this week of April 17.
Casey explained, con't - "...Other EEG studies have linked the same weakened electrical pulse to a deficit in such traits as sense of duty, responsibility and reliability. Such personality deficits may not be pathological, but they reflect a lack of conscientiousness about detail that makes for less than ideal workers, spouses and citizens.
OK, I went back through a few old posts and I think I know what The Boyz are talking about now.
If true, that is definitely over the line.
It would be rather amusing if Nigel, instead of Casey, becomes the one to do the perp walk. But as I've said before, truly honest and ethical people have no need to advertise their company using words like 'Integrity". If you walk the walk, you don't need to talk the talk.
So will Casey become as famous as Charles Ponzi to have his last name define the scam he made famous?
A 'Casey Serin Scheme' does that make sense?
We owe CS for putting his own clueless face and name onto the flipperz of america! W/O him we'd have to rant about random forgettable people.
@ Sprezz
I can imagine that he's gonna have a tough talk with his boss today....
I've got the diagnosis!
Antisocial personality disorder is a condition in which people show a pervasive disregard for the law and the rights of others. People with antisocial personality disorder may tend to lie or steal and often fail to fulfill job or parenting responsibilities. The terms "sociopath" and "psychopath" are sometimes used to describe a person with antisocial personality disorder.
Early adolescence is a critical time for the development of antisocial personality disorder. People who grow up in an abusive or neglectful environment are at higher risk, and adults who suffer from the disorder were usually showing behavioral problems before the age of 15. Antisocial personality disorder affects men three times as often as it does women and is much more prevalent in the prison population than in the general population.
Antisocial personality disorder is a chronic condition and represents one of the most difficult personality disorders to treat. However, psychotherapy and some medications may help alleviate symptoms. In many cases, the symptoms of antisocial personality disorder decrease as the person reaches middle age.
Signs and symptoms
The classic person with an antisocial personality is indifferent to the needs of others and may manipulate through deceit or intimidation. He or she shows a blatant disregard for what is right and wrong, may have trouble holding down a job, and often fails to pay debts or fulfill parenting or work responsibilities. They are usually loners.
People with antisocial personality disorder can be aggressive and violent and are likely to have frequent encounters with the law. However, some antisocial personalities may also possess a considerable amount of charm and wit.
Common characteristics of people with antisocial personality disorder include:
Persistent lying or stealing
Recurring difficulties with the law
Tendency to violate the rights of others (property, physical, sexual, emotional, legal)
Aggressive, often violent behavior; prone to getting involved in fights
Inability to keep a job
A persistent agitated or depressed feeling (dysphoria)
Inability to tolerate boredom
Disregard for the safety of self or others
A childhood diagnosis of conduct disorders
Lack of remorse for hurting others
Possessing a superficial charm or wit
Impulsiveness
A sense of extreme entitlement
Inability to make or keep friends
The intensity of symptoms tends to peak during the teenage years and early 20s and then may decrease over time. It's not clear whether this is a result of aging or an increased awareness of the consequences of reckless behavior. However, though a person with antisocial personality disorder might be less likely to commit crimes later in life, that person may continue to be an inadequate spouse or parent and an unreliable employee.
http://tinyurl.com/2xbqgl
Can we relocate and leave Fliptard & Swabtard behind?
@Tony -- you're assuming his boss is ethical enough to care.
@Gameover
Can't, Casey already bought it no money down with some cashback. We can only wait until the planet goes into foreclosure.
Nigel apparently met some of the aliens at one of his VIP parties (they really wanted an olympic pin and apparently traveled 20 light years to get one) and he is brokering the transaction. Like the freak in the movie 300, all he wanted was a "costume" oh and a burger king hat to wear. And some hair.
Sprezz -- Ethical or not, failing to deal with Swabtard's actions would be bad business. If he fails to the state board could come down just as hard on him.
@ Legion -- Well that explains Snowflakes absence at least! He's busy finishing paperwork on his first planetary purchase!
F*cktard couldn't keep a pool clean for 6 months but I'm sure that place with be in pristine condition when he's through with it!
We can only wait until the planet goes into foreclosure.
Sweet, a motivated seller. You know what that means: WHOLESALING OPPORTUNITY. Let's put that planet under contract, shop it around some local investors groups, deal with a few tirekickers, and close that deal.
$250 an hour! The comeback starts today!
It all comes together. Casey assembled a team including Spacet Cadet Swaby. Found a distant fixer type planet. Cultivates earth type lifeforms in the pool. Terraforming and sweet profits.
@Rob Dawg
WTF has Happened to Snowflake
Pardon the allcaps:
THERE IS NO NEWS.
I know. We all expect our fresh meat but I'm not gonna tease a tidbit intosteak tatare. I'm not gonna serve fine wine before its' time. I'm not serve the main course before the salad.
ALL QUIET ON THE CASEY FRONT.
Besides, even if the Casey, Nigel and Galina triplets colonize that planet, there will STILL be no known intelligent life on that planet, amoebas maybe, scum of the earth for sure, but intelligence...pass the cosmic gene pool.
@Dawg
Fixer planet? I heard Casey has already set up an outhouse there and is claiming 1 billion dollars in fixer upper costs.
Can you imagine if alines did find these two nitwits first?
"We come in peace"
Casey "Wanna buy planet earth? It's mine!"
Nigel "They got blogs where you come from? Maybe I can set up a billboard there with my face on it?"
*sniff*
@ Dawg
What about with Cornflake. Is it true?
A Nigel-esque anon poster at CI seems to think that Casey is going to have an A&E show soon.
How's that gonna happen? The idiot can't speak without mumbling and has ZERO charisma.
A couple of scenarios:
Snowflake has fasted (which means juice, fish, poultry, and past allowed), communed with his guru books in his closet altar, and will return shortly energized and full of crap as usual.
Or
He finally had a breakdown - he traveled all the way to Modesto, no fans showed up to buy^^^^o "share" pizza and beer with him, Galina nagged him the whole way there and back, and upon his return, instead of kudos for even trying to deal with the pool, he got a huge heaping dose of what people *really* think of him. He's been curled up in a fetal position in bed under the covers, with the drapes drawn, and just cringes when Galina nags him occasionally to get up off his lazy ass.
Or
Something went down - Cashcall came a'knockin and wiped out the house of furnishings (you know the tv, stereos, ipods, pdas and computers will be first), he got a notice of audit from the Feds or the state, the holders of the seconds that he screwed over announced their intention to pursue charges, his bank accounts (the ones he won't talk about on his blog) got frozen, and/or the DA's office informed him he's being investigated for real estate fraud.
Or
Galina, who is now cooped up in the house with him all day, sees how little "work" he does, and how much time he wastes on the blog, and put her pampered, manicured foot down and gave him the "The blog or ME" ultimatum. The trip to Modesto, being embarrassed in front of strangers by her husband yet again (nobody like to be a charity case), and seeing HER Nordstrom's budget will be eaten up by the pool, finally snapped her patience, and the proud, husband beating Russian ancestors in her blood howled n triumph as she claimed her testicles and put them in a special jar in her *real* Coach bag, and put the lazy little shit to work to provide for HER.
Take your pick. Most likely he's been having clandestine meetings over some scam he's cooked up, yet again, or he got a 3000 cd copy job for $200.
A Nigel-esque anon poster at CI seems to think that Casey is going to have an A&E show soon.
I posted that in jest on CI. Relax.
Snowflake is trolling. Heekee, the guy who owns zewg.com and campidiot.com, is providing hosting for the little fuckhead. He posted yesterday on CampIdiot that he asked the little conman if he was going to continue with the blog and if he needed hosting for next month. Casey was very quick to answer that he wasn't taking the blog down.
Google "dramatic pause".
Pretty much *anything* seen on CampIdiot needs to be taken with a huge grain of salt, but that said, I don't think that heekee usually trolls himself.
I'm dying to know what's going on with Cornflake. Can someone in the know email me (just add a @gmail.com after my username)? Promise to not share it with anyone.
TIA.
@ Walt
look here
Scroll down until you see Dawg & Rob echange comments.
Yeah, well, let me know if someone here should access PACER .
Like, me...
R-Boy:
If I have a vector of data in R, say a variable called 'ranges'. I suspect this data is lognormally distributed, so for shits I calculate the sample standard deviation and mean. How do I plot a histogram of it in R and then plot the appropriate probability density function of it?
I'm trying to learn how to use R, but would like to look at this set of data quickly.
R-Boy:
More clarification, I'm trying to fit a probability density function to a bunch of points and I want to see it imposed over a histogram that shows the frequency of certain values occurring. I'd like to visualize it, but can't seem to do it correctly.
HATERZ™ ANNOUNCEMENT:
I've decided to do a Hater™ Census.
So please, when you have a second, zip over to my blog, and post a blank or brief comment with your handle on there. I'm curious to see how many of them there are.
Please comment under Kevin's Joke posting; my latest one.
Thanks!
The stats girl.
Uh, Id just use sas.
you mean normal distribution.
email me at caseyserininfo@yahoo.com
Oh, trustee's sale still set for thursday at 12 noon, asking price of $287,825.87, Casey paid 323
So how much cashback at close here?
$287k seems a tad high, frankly.
Back to the bank it goes!!
Oh, and try not to double-post... and please use the honour system--no posting more than once with different names. Lurkers, declare yourselves just this once; we know you're there.
Unlike Casey, I know Haterz™ are capable of honour.
Stephanie J
Already basically double the amount of Haterz that Nigel predicted...Wonder where we'll end up?
I'm still here reading and occasionally replying.
"...morning, but the wheels were okay [on the fliptard mobile]...."
He he he he
That won't be the case once CashCall's "Mr. King" is informed by an anonymous Hater that they are worth a kewl $13.71 to some bangerz in da hoodz...
Say hello to wooden blocks, Casey.
I call 100!!!!
$287 doesn't seem so bad given all the great wheat grass just waiting to be harvested.
I can't believe Casey hasn't taken all the appliances and other stuff from the house to sell for extra cash.
Opps - bet he's reading this and getting the u-haul ready!
Just to be obnoxious...
ONE HUNDRED AND MURST!!!
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