Patrick.net

Housing Inventory Ghost Town

By tannenbaum   Follow   Tue, 27 Nov 2012, 11:01pm   8,111 views   196 comments
Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://loganmohtashami.com/2012/06/11/orange-county-ca-housing-inventory-ghost-town/

This post, somewhat ironically coming from a loan officer in Orange County, CA, is several months old, but remains equally relevant today and succinctly explains the completely dysfunctional real estate market of 2012.

« First     « Previous     Viewing Comments 117-156 of 196     Next »     Last »     See most liked comments

1. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

   117   7:43am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Again you think way too much of yourself. Kind of creepy dude. Are you going to all male yoga classes? I'm sure you can find some, use google, why ask me to find them for you?

2. yup1 Follow Befriend 10 threads 379 comments

   118   7:45am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says You come across as a complete dick. You are a dick.

3. Bigsby Follow Befriend 2,843 comments Monterey, CA

   119   7:45am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says You come across as a complete dick. You are a dick. Oooohh, I'm hurt.

4. yup1 Follow Befriend 10 threads 379 comments

   120   7:45am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Nice. Adding a bit of homophobia to the mix. Classy stuff. Umm learn to read your butt buddy went there.

5. yup1 Follow Befriend 10 threads 379 comments

   121   7:46am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says yup1 says Bigsby says You come across as a complete dick. You are a dick. Oooohh, I'm hurt. LOL I thought you would delete that.

6. yup1 Follow Befriend 10 threads 379 comments

   122   7:47am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says face it, you have a homosexual crush on me I think you must be talking about Bigsby.

7. Bigsby Follow Befriend 2,843 comments Monterey, CA

   123   7:49am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Nice. Adding a bit of homophobia to the mix. Classy stuff. Umm learn to read your butt buddy went there. Why exactly does it warrant your creepy dude/male yoga class comment? And now you follow it up with the 'butt buddy' comment. Well done.

8. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

   124   7:50am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1, you are not dealing with your issue in a healthy way. Calling people "butt buddies" "creepers at all male yoga classes" etc shows the self loathing typical when someone won't just fact their own issues in that area. You'll notice that I don't care what gender you like, I am merely tired of you focusing your unwanted attentions on me? When you go visit your neighboring college, find an office that displays the "safe space' sticker, and speak to the person there. They are trained to be a good listener, and help you find the resources you need. I too am an ally, and safe space trained, and would offer to help you, but I don't want to encourage your obvious crush on me.

9. yup1 Follow Befriend 10 threads 379 comments

   125   7:54am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Sad how roberto never responds to the questions about his blog not matching what he was posting on here. Why do you attack instead of explaining who or why you posted such completely opposite information on your blog vs here. Complete housing bear on your blog, a month later in contract to buy multiple properties here. We all know this is typical of realtards so why don't you just admit it. Your local phoenix blog was being read by local people and you didn't want to tell them the truth because they might have listened to you and you might not have gotten the "steal" on the properties you purchased.

10. yup1 Follow Befriend 10 threads 379 comments

    126   7:57am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says Calling people "butt buddies" "creepers at all male yoga classes" etc shows the self loathing typical when someone won't just fact their own issues in that area. robertoaribas says Are you in love with me? face it, you have a homosexual crush on me Who has issues?

11. Bigsby Follow Befriend 2,843 comments Monterey, CA

    127   7:57am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Sad how roberto never responds to the questions about his blog not matching what he was posting on here. Why do you attack instead of explaining who or why you posted such completely opposite information on your blog vs here. I suppose you just decided to ignore his post where he did just that.

12. yup1 Follow Befriend 10 threads 379 comments

    128   7:59am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Why exactly does it warrant your creepy dude/male yoga class comment? And now you follow it up with the 'butt buddy' comment. Well done. Your friend calls me a homosexual, and you make comments on my response. Classic

13. tatupu70 Follow Befriend (3) 15 threads 5,718 comments

    129   8:01am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   And this is how a troll like Yup takes over a thread...

14. Bigsby Follow Befriend 2,843 comments Monterey, CA

    130   8:02am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Why exactly does it warrant your creepy dude/male yoga class comment? And now you follow it up with the 'butt buddy' comment. Well done. Your friend calls me a homosexual, and you make comments on my response. Classic You were the one who linked creepy dude with male yoga class. He simply asked if you had a man crush on him. Considering the amount of time you're spending getting your knickers in a twist about his posts...

15. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

    131   8:03am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Sad how roberto never responds to the questions about his blog not matching what he was posting on here. I already did, in detail. You are just blinded by your love/rage for me to read it or understand it. 1. I bought homes several months after my last negative blog post. 2. I posted the exact details of my purchases, on here, before they even closed... [you started by claiming that i was buying while telling others not to, clearly not true or I wouldn't have posted what i was buying] 3. even in that post, where I detailed what I was buying, I made my over all negative beliefs for the market clear. Simply, those homes were so cheap I decided to buy them even though i believed the market generally was still declining. [you have evidenced your stupidity through your discussions, but is it beyond you to recognize that even a single city market will not all do the same thing? that one area could fall further and faster than the city generally?] 4. I didn't buy my own home in Scottsdale for an entire additional year. because, by my analysis, it took another year for more expensive homes to reach what seemed to be a bottom. Now, get over yourself. You've called me a liar for not posting what I was buying, I prove that wrong, and you change your tune. You've insulted me for being in education, you've falsely claimed that bigsby and I are one in the same when any longterm reader of this blog will know from our histories on here that we are not; You have emotional problems, and are venting them at me. Get yourself some help!!!!

16. yup1 Follow Befriend 10 threads 379 comments

    132   8:03am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says I suppose you just decided to ignore his post where he did just that. You talking about this? robertoaribas says I had quit writing on my blog(s) altogether. I only restarted when several different people wrote me emails asking me to. That was not an answer that was sidestepping the question.

17. yup1 Follow Befriend 10 threads 379 comments

    133   8:05am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says 1. I bought homes several months after my last negative blog post. Half truth. You were in contract within a month of your last post.robertoaribas says You've called me a liar for not posting what I was buying, I prove that wrong, and you change your tune. On your blog.

18. yup1 Follow Befriend 10 threads 379 comments

    134   8:07am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   You were posting negative housing information on your blog, while you were thinking about or even taking actions to make purchases. Oh course you see nothing wrong with this because you are a realtard. Maybe you should take an ethics class at your JC.

19. yup1 Follow Befriend 10 threads 379 comments

    135   8:10am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says You were the one who linked creepy dude with male yoga class. He simply asked if you had a man crush on him. Considering the amount of time you're spending getting your knickers in a twist about his posts... I see you follow his lead again.

20. Bigsby Follow Befriend 2,843 comments Monterey, CA

    136   8:42am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says You were the one who linked creepy dude with male yoga class. He simply asked if you had a man crush on him. Considering the amount of time you're spending getting your knickers in a twist about his posts... I see you follow his lead again. Eh? Do you want me to respond to the post you made to me by mentioning something you didn't say?

21. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

    137   8:48am Sun 2 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   Ok, I put yup1 on ignore. While I am deeply flattered by his crush on me, I believe my time is better spent making substantive posts about the housing market, such as the one I posted today: http://patrick.net/forum/?p=1219420

22. Bigsby Follow Befriend 2,843 comments Monterey, CA

    138   8:50am Sun 2 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   yup1 says You were posting negative housing information on your blog, while you were thinking about or even taking actions to make purchases. Oh course you see nothing wrong with this because you are a realtard. Maybe you should take an ethics class at your JC. Ah right, I see now. Roberto was carrying out a vast conspiracy to manipulate the Phoenix housing market by posting some negative comments on his blog (naturally read by hundreds of thousands of local residents) whilst a month or two later buying a $30k property. The absolute bastard. Call the Feds.

23. yup1 Follow Befriend 10 threads 379 comments

    139   9:07am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Ah right, I see now. Roberto was carrying out a vast conspiracy to manipulate the Phoenix housing market by posting some negative comments on his blog (naturally read by hundreds of thousands of local residents) whilst a month or two later buying a $30k property. The absolute bastard. Call the Feds. Yeah thats right disregard the people that actually read it on his blog. They don't matter. If it wasn't impacting "hundreds of thousands of people" it doesn't matter. I see you have no ethics too.

24. yup1 Follow Befriend 10 threads 379 comments

    140   9:09am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says You were posting negative housing information on your blog, while you were thinking about or even taking actions to make purchases. Oh course you see nothing wrong with this because you are a realtard. Maybe you should take an ethics class at your JC. I see that roberto again did not answer a simple question. I can't believe it ;)

25. Bigsby Follow Befriend 2,843 comments Monterey, CA

    141   9:11am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Ah right, I see now. Roberto was carrying out a vast conspiracy to manipulate the Phoenix housing market by posting some negative comments on his blog (naturally read by hundreds of thousands of local residents) whilst a month or two later buying a $30k property. The absolute bastard. Call the Feds. Yeah thats right disregard the people that actually read it on his blog. They don't matter. If it wasn't impacting "hundreds of thousands of people" it doesn't matter. I see you have no ethics too. Good grief. How many people read his blog? Two? Three including you? If you think people made their house buying decisions based on what a blogger with a handful of readers was saying in late 2010, then WTF can I say?

26. Bigsby Follow Befriend 2,843 comments Monterey, CA

    142   9:14am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says I see that roberto again did not answer a simple question. I can't believe it ;) Oh FFS, how many times does it have to be pointed out to you that he's already addressed that? Do you think that someone being generally negative about housing (but interested in buying when the time is right) precludes them from being interested in a house that is cheaper than most family cars? Seriously, what is your problem?

27. yup1 Follow Befriend 10 threads 379 comments

    143   9:25am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Seriously, what is your problem? Whatever you say robertobigsby

28. Bigsby Follow Befriend 2,843 comments Monterey, CA

    144   9:30am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Seriously, what is your problem? Whatever you say robertobigsby That's the best you can come up with? Congratulations.

29. yup1 Follow Befriend 10 threads 379 comments

    145   9:46am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Congratulations. You should be proud of yourself you totally win. You and roberto are winners. golfclap to you

30. Bigsby Follow Befriend 2,843 comments Monterey, CA

    146   9:55am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Congratulations. You should be proud of yourself you totally win. You and roberto are winners. golfclap to you Perhaps you just shouldn't make pointless personal attacks on people.

31. yup1 Follow Befriend 10 threads 379 comments

    147   9:59am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says Perhaps you just shouldn't make pointless personal attacks on people. Maybe you and roberto should do the same.

32. Bigsby Follow Befriend 2,843 comments Monterey, CA

    148   10:10am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   yup1 says Bigsby says Perhaps you just shouldn't make pointless personal attacks on people. Maybe you and roberto should do the same. If you're being a dick, which you quite clearly were, then it's perfectly reasonable to point that out. What were my other insults? You, on the other hand, seemed very angry at Roberto for no good reason and made things very personal indeed. Strange to say the least.

33. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    149   10:12am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   @patrick, I believe you made a mistake deleting Yup's account. Yup is negative about the housing market, but by no means he's a troll. I don't know what he said to get his account deleted, but I don't think that's right. He's not like War or Darryl. Yup, this is how I see it. Unlike Iwog, Roberto was still bearish about the housing market 2 years ago, but he decided to buy anyways because the numbers made sense. I remember that Roberto was calling Iwog all kinds of name for being bullish in 2010. At that time, Roberto didn't see the end of the foreclosure tunnel. Since he wasn't confident that the housing market would recover in the near future, it was best to play it safe instead of telling his readers to go all in on housing. I think you misjudged his intention for telling his readers not to buy so he could buy them cheap. I don't think that was the case. Roberto, I'm not sure if you told your readers to load up on real estate in 2011 and 2012. Bruce Norris from SoCal told his clients to go all in in 2011. I was skeptical, but we know what happened next with the housing market. Bruce already predicted that we will see more housing appreciation next year. Bruce told his clients to load up on real estate in 1996-1997, and told them to sell in 2005-2006. To be fair, Bruce is cautiously optimistic about the housing market.

34. Patrick Follow Befriend (54) 5,240 threads 6,173 comments 46 male Menlo Park, CA Premium

    150   10:16am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   I didn't delete Yup1. He is still with us: http://patrick.net/users.php?username=yup Anyway, I finally finished working on a way to just suspend users without deleting them, so I'm more likely to use that from now on.

35. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    151   10:17am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   Bigsby says You, on the other hand, seemed very angry at Roberto for no good reason and made things very personal indeed. Strange to say the least. It seems like the housing bears have problem with Roberto & Iwog. That doesn't seem strange to me. Also, Roberto is not a bad looking dude. Opposite attract can you say?

36. RentingForHalfTheCost Follow Befriend (8) 40 threads 2,062 comments Pleasanton, CA Premium

    152   10:19am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   robertoaribas says RentingForHalfTheCost says Quick, look over here! Look at how great I am! Roberto, if you only knew the kind of lot that many readers on here are carrying. Your Phoenix empire would barely carry the monthly cost for a regular 2bd condo in many metro areas. Give it a rest. Go help your students skip a grade. That would be more honorable than calling people names over and over on this site. I teach college not grade school, and honestly, comparing an income producing series of investments to inflated living costs? what does one have to do with the other? your insults simply show your jealousy. Believe me. I have nothing to be jealous of anyone. You included. My life is rich with everything I ever desired. I have been blessed and remind myself every day of my good fortune. You could still put more of you obvious passion and energy into helping your students, rather than trying to bend time here on this forum. Your students would at least appreciate your efforts. :)

37. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    153   10:20am Sun 2 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   Patrick says I didn't delete Yup1. He is still with us: http://patrick.net/users.php?username=yup Anyway, I finally finished working on a way to just suspend users without deleting them, so I'm more likely to use that from now on. Thanks a bunch Patrick. This forum is very entertaining and informative at the same time. Well, it can be misinformed sometimes too due to the conspiracy theories by some users. :)

38. yup1 Follow Befriend 10 threads 379 comments

    154   10:25am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Patrick says I didn't delete Yup1. He is still with us: http://patrick.net/users.php?username=yup Anyway, I finally finished working on a way to just suspend users without deleting them, so I'm more likely to use that from now on. Yup is gone Patrick. I made Yup1

39. Patrick Follow Befriend (54) 5,240 threads 6,173 comments 46 male Menlo Park, CA Premium

    155   10:33am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   Well, I didn't delete him deliberately, but maybe the auto-nuke function got him. New users can be classified as spammers and nuked based on the characteristics of their first few comments, like posting a lot of links or using spammy keywords or posting from a foreign country.

40. yup1 Follow Befriend 10 threads 379 comments

    156   10:42am Sun 2 Dec 2012   Share   Quote   Permalink   Like   Dislike   E-man says I believe you made a mistake deleting Yup's account. Yup is negative about the housing market, but by no means he's a troll. I don't know what he said to get his account deleted, but I don't think that's right. He's not like War or Darryl. Agree! E-man says Yup, this is how I see it. Unlike Iwog, Roberto was still bearish about the housing market 2 years ago, but he decided to buy anyways because the numbers made sense. I remember that Roberto was calling Iwog all kinds of name for being bullish in 2010. At that time, Roberto didn't see the end of the foreclosure tunnel. Since he wasn't confident that the housing market would recover in the near future, it was best to play it safe instead of telling his readers to go all in on housing. I think you misjudged his intention for telling his readers not to buy so he could buy them cheap. I don't think that was the case. I find it interesting that his blog is completely at odds with his posting here. Go look at his blog. Fact (blog)Sept 16, 2010 Phoenix in trouble prices will decline for 6 months Fact (blog)Oct 16, 2010 I am still BEARISH on housing Fact (blog)Nov 14, 2010 QE2 is not going to help home prices FACT posted here Nov 15, 2010 I NOW HAVE 3 HOMES UNDER CONTRACT http://patrick.net/forum/?p=579064 WTF I am assuming he did some research for the contracts which takes time. In my opinion he was intentionally deceiving his blog readers. Why, only he knows. E-man says Roberto, I'm not sure if you told your readers to load up on real estate in 2011 and 2012. Not on his blog. "What a difference a couple years make! Posted on August 17, 2012 by robertoaribas The Phoenix market has made an abrupt U turn, or perhaps a a V turn, and prices are on the rise, at least for now, with a vengeance… Full disclosure, I began buying properties 18 months ago, when price/rent ratios hit such ridiculous levels it seemed crazy not to"

« First     « Previous comments     Next comments »     Last »