tag:blogger.com,1999:blog-7514357.post7492236496816526158..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: Why Greg Swann is SillyRob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger21125tag:blogger.com,1999:blog-7514357.post-87530570639757841332008-04-07T11:50:00.000-07:002008-04-07T11:50:00.000-07:00.... and if you think good thoughts, a pair of win....... and if you think good thoughts, a pair of wings might pop out of your butt and you can fly to work each day.<BR/><BR/><BR/>Judging by that graph, looks like a great time to be a FOR SALE sign painter. Where you go you get a spare 60,000 signs quick?<BR/><BR/>Just 10 weeks until reality hits for those who banked on 2008 being a better year to sell..<BR/><BR/>h.H Simpsonhttps://www.blogger.com/profile/00466102784332540445noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-20030489758723547292008-04-07T11:48:00.000-07:002008-04-07T11:48:00.000-07:00This comment has been removed by the author.H Simpsonhttps://www.blogger.com/profile/00466102784332540445noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-14258132275559531042008-04-07T01:30:00.000-07:002008-04-07T01:30:00.000-07:00Greg Swann provides this sound advice on Phoenix R...Greg Swann provides this sound advice on Phoenix RE in 2008:<BR/><BR/>"If you've been looking for the bottom of the Valley's real-estate market, it might well be upon us."<BR/><BR/>"It could be we'll be back to normal inventory levels fairly soon."<BR/><BR/>"If you don't have to move now, you might be better off staying put for a year or two."<BR/><BR/>http://www.azcentral.com/community/glendale/articles/2008/03/21/20080321gl-swann0322.htmlAnonyRusshttps://www.blogger.com/profile/06660819112305633920noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-69882535897521600642008-04-05T13:13:00.000-07:002008-04-05T13:13:00.000-07:00It is the perfect scam. I wish I could steal heloc...It is the perfect scam. I wish I could steal heloc money like that. He will never have to pay it back, he will never be prosecuted, he will just blend in with all the Casey Serins of the world and the bank won't go to the trouble of looking for anyone's hidden assets. It is the perfect crime.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-49343150928332658502008-04-05T06:09:00.000-07:002008-04-05T06:09:00.000-07:00Doesn't matter what's recourse if you pick up and ...Doesn't matter what's recourse if you pick up and move to another state, one that doesn't allow garnishments.<BR/><BR/>Like Tejas, for example.Bill in NChttps://www.blogger.com/profile/13183010395531193508noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-36350319103519547312008-04-04T23:31:00.000-07:002008-04-04T23:31:00.000-07:00The second problem is that he is committing fraud....<I>The second problem is that he is committing fraud. </I><BR/><BR/>I realize that in sane times that would be a problem. But there are about 3 million people in line ahead of him. It's time to face the fact that the vast majority of fraudsters and con artists will never be held liable, if for no other reason that we don't have the resources to go after all of them.Lou Minattihttps://www.blogger.com/profile/16096986232572086745noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-79210503312437448812008-04-04T22:01:00.000-07:002008-04-04T22:01:00.000-07:00@Rob DawgYour link to www.businesswire.com is mess...@Rob Dawg<BR/><BR/>Your link to www.businesswire.com is messed up. you probably wanted:<BR/><BR/>http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20080403005117&newsLang=en<BR/><BR/>@buzz saw<BR/>HELOCs are recourse..Not as simple as walking away from. He is not completely accurate on his statements. The real question is loan loss forgiveness and 1099'ing as income. This year the 1099 is forgiven. The second problem is that he is committing fraud. He can pay but won't. If the HELOC holder figures out he has the money somewhere, it will go to court and attach the account.BJhttps://www.blogger.com/profile/07634318048831210260noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-21684627995629967482008-04-04T21:05:00.000-07:002008-04-04T21:05:00.000-07:00Check out the next KC Serinesque grifter. He recen...Check out the next KC Serinesque <A HREF="http://www.youtube.com/watch?v=nm3Q5aEoiG4" REL="nofollow">grifter</A>. He recently put $500k on his heloc & stashed the cash. He plans to buy it back from the bank for $100k. Brilliant! The system is doomed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-91232488606511185842008-04-04T19:16:00.000-07:002008-04-04T19:16:00.000-07:00You really have to look at your local market. A R...You really have to look at your local market. A Realtor(tm) can help you see if buying is right for you. On average the price of homes doubles every 10 years. If you are lucky it may happen in two.whttps://www.blogger.com/profile/10180422369180931361noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-27894150598309823582008-04-04T12:55:00.000-07:002008-04-04T12:55:00.000-07:00There are "bright spots", I heard a Realtwhore®...There are "bright spots", I heard a Realtwhore® say so on the teevee. Only she can see them though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7514357.post-88451128805953877562008-04-04T10:24:00.000-07:002008-04-04T10:24:00.000-07:00Thanks for the link Rob you're a star.Could Kathy ...Thanks for the link Rob you're a star.<BR/><BR/>Could Kathy Neilsen be on her way to pick up Caseys most-hated-blogger crown?<BR/><BR/>http://kathyneilsen.blogspot.com/2008/02/buying-new-home-then-letting-old-go.html<BR/><BR/>Moral Hazard ain't nuthin.1.44MBhttps://www.blogger.com/profile/07339526763323998325noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-13399250846895903212008-04-04T09:48:00.000-07:002008-04-04T09:48:00.000-07:00Give away all my secrets? Sure:http://www.macroma...Give away all my secrets? Sure:<BR/><BR/>http://www.macromarkets.com/csi_housing/tools/Chart_Tool_Web.xls<BR/><BR/>Yes, free. Enjoy.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-69464825454822578242008-04-04T09:28:00.000-07:002008-04-04T09:28:00.000-07:00Rob - what source did you pull the CS chart tool f...Rob - what source did you pull the CS chart tool from? It does of course appear far too informative & suspiciously user friendly to be a free but I live in hope.1.44MBhttps://www.blogger.com/profile/07339526763323998325noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-37859129109562178032008-04-04T08:44:00.000-07:002008-04-04T08:44:00.000-07:00Off topic, but amusing:http://www.sfgate.com/cgi-b...Off topic, but amusing:<BR/><BR/>http://www.sfgate.com/cgi-bin/article.cgi?file=/g/a/2008/04/04/carollloyd.DTL<BR/><BR/>Don't stay together for the kids, stay together because you simply can't sell the house and neither one of you can afford the albatros.Property Flopperhttps://www.blogger.com/profile/12458926920487707223noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-84021788510564222472008-04-04T08:21:00.000-07:002008-04-04T08:21:00.000-07:00When do you think investors should get back in the...When do you think investors should get back in the real estate game? I'm anxiously awaiting the day prices bottom out -- I've got around negative $500,000 burning a hole in my pocket!!<BR/><BR/>In any event, while I wait for home prices to hit bottom, I'll be on the prowl for a nice guy who can tap my bottom... :)Casey Serinhttps://www.blogger.com/profile/01717304841079387915noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-27284808631492415532008-04-04T07:09:00.000-07:002008-04-04T07:09:00.000-07:00We are setting up for the equivalent of a bear mar...We are setting up for the equivalent of a bear market rally/head fake. Prices plummet and sales stay soft into summer when the bulls take a breath and say "wow, that was fast and deep and now it's over." I figure by the May data all the non-bubble areas wil be surprised to discover we are all bubble areas. Even Seattle and Boulder and Austin and Charlotte.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-14116698867255648272008-04-04T07:06:00.000-07:002008-04-04T07:06:00.000-07:00No, they want someone to pull the knife out of the...No, they want someone to pull the knife out of their wrist before they bleed to death.<BR/><BR/>With the employment numbers going south faster than a pickup of illegals headed home cause there is no work, I think reality will hit fast and soon.H Simpsonhttps://www.blogger.com/profile/00466102784332540445noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-76607516544767928572008-04-04T06:56:00.000-07:002008-04-04T06:56:00.000-07:00That top 10 list wasn't an attempt to catch a fall...That top 10 list wasn't an attempt to catch a falling knife. It was an attempt to get someone else to catch their falling knifeserinitishttps://www.blogger.com/profile/06683669075670531409noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-72725177604384393662008-04-04T06:43:00.000-07:002008-04-04T06:43:00.000-07:00I am getting more afraid by the week.The worst par...I am getting more afraid by the week.<BR/><BR/>The worst part is that the denial is going to make this last forever.<BR/><BR/>Welcome to the lost decade.whttps://www.blogger.com/profile/10180422369180931361noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-54857811791753336692008-04-04T06:02:00.000-07:002008-04-04T06:02:00.000-07:00Q2 '08 = Wide World of Sports Cliff DivingQ2 '08 = Wide World of Sports Cliff DivingRob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-47883420846744456672008-04-04T05:50:00.000-07:002008-04-04T05:50:00.000-07:00That was the first quarter. How do you think Q2 wi...That was the first quarter. How do you think Q2 will look?waggahttps://www.blogger.com/profile/13124634989978888426noreply@blogger.com