Patrick.net

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Ignore E-man
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In United States
Registered Nov 09, 2009

E-man's most recent comments:

• On 24 May 2013 in Huge REO in Lafayette, E-man said:

  REpro says
  

  Greg, forget this old house. This is much more exciting:

  http://www.redfin.com/CA/San-Martin/915-W-San-Martin-Ave-95046/home/28896377

  Yes, but it's all about the location and lifestyle.

• On 24 May 2013 in Huge REO in Lafayette, E-man said:

  iwog says
  

  Remember when...........

  Sold for almost $2 million.

  http://www.redfin.com/CA/Lafayette/831-Tanglewood-Dr-94549/home/1970657

  Looks like an investor bought it for $1.5M and flipped it for over $1.9M. Not a bad profit for 3 months worth of work.

• On 23 May 2013 in Karl Case: There IS A Recovery. Shadow Inventory Does NOT exist., E-man said:

  "What the economy is left with then, is a market that has, as Shiller said, merely returned to normalcy from extremely depressed levels.

  "There is momentum in the housing market," Shiller said. "Momentum suggests increases in the next six to 12 months."

  I'm surprised that Shiller said that. Here's the caveat. He's too late to the game. I'm afraid that the current momentum has lost some steam.