David9

joined 2011 Oct 18, 9:42am   United States 32 posts   1,100 comments   following x   ignore ignoring David9 x ignore


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Offer Signed on TEXAS MONEY PIT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
by David9 on 20 Apr 2017  3 comments, latest 2 years ago
Dear Patrick.net Friends, After 11 years, I have an offer signed for asking price, $128,900 on my Dallas Condo ! I paid $91,000 for it in 2006. The condo is...

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Greetings and Word From the Street in Budapest
by David9 on 27 Dec 2013  Posted 6 years ago
Hello, from Budapest, Hungary. Well, I must be doing something financially right to be able to take a trip during the slow time at work to go to Budapest, Hungary....

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5429 Newcastle, #318, Encino CA 91316 (redfin.com)
by David9 on 11 Aug 2013  10 comments, latest 6 years ago
A friend from work called on Saturday around 1:00pm. I wasn't quite ready at that moment to go out, so I suggested an open house I knew of nearby that...

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5644 Yolanda Ave., #2 Tarzana CA 91356 (redfin.com)
by David9 on 7 Jul 2013  2 comments, latest 6 years ago
http://www.redfin.com/CA/Tarza Off again on another Saturday as I round the corner to go around the block to a traffic signal, there is an open house sign, there is parking, I...

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U.S. Homeownership Rate Lowest Since 1995 (bloomberg.com)
by David9 on 30 Apr 2013  23 comments, latest 6 years ago
http://www.bloomberg.com/news/ In a nutshell: "The U.S. homeownership rate fell to the lowest in almost 18 years, reflecting rising demand for rentals and investor purchases in the housing market." The exact...

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"Reckless Quantitative Easing" Among Other Things (marketwatch.com)
by David9 on 23 Apr 2013  1 comment, latest 6 years ago
http://www.marketwatch.com/sto One opinion by Market Watch of the Wall Street Journal. "What economists and analysts failed to connect is the contrast between reality and the stock market — the low...

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A Housing Bear Said Yes (redfin.com)
by David9 on 19 Apr 2013  2 comments, latest 6 years ago
Hi, a friend of mine has been looking for a house for over a year. This house just came on the market today and also fits the criteria sought. http://www.redfin.com/CA/Grana...

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Uh Oh, Fannie and Freddie to Go? (foxnews.com)
by David9 on 28 Mar 2013  9 comments, latest 6 years ago
http://www.foxnews.com/politic Yeah, actions speak louder than words.

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Funny Bankster Cartoons (?)
by David9 on 20 Mar 2013  Posted 6 years ago
Yes, I think this thread should be in the Real Estate Section. Bankster Cartoon 1 Bankster Cartoon 2 Bankster Cartoon 3 Bankster Cartoon 4 Bankster Cartoon 5 Bankster Cartoon 6...

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Housing Market Comedy Images
by David9 on 26 Feb 2013  5 comments, latest 6 years ago
Thought this site could use some humor. #1 #2 #3 #4 #5 #6 #7 #8 #9 #10 #11 #12 #13 #14 #15 #16 #17 #18 #19 #20#housing

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Yes, Investors Rule (nbcnews.com)
by David9 on 5 Feb 2013  2 comments, latest 7 years ago
The article speaks for itself. Some main points: "Other markets that saw the most distress during the housing crash, like Phoenix, Las Vegas, and much of California, have also seen...

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'Patsy' Brazilian National, 23, Lives in 2.5M Boca Raton House, Adv. Possessio (news.yahoo.com)
by David9 on 24 Jan 2013  Posted 7 years ago
http://news.yahoo.com/man-squa A young person of foreign descent takes adverse possession of 2.5M dollar house in Boca Raton, Florida. "They're taking advantage of banks, where the right hand doesn't know where...

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Paris Real Estate +
by David9 on 1 Jan 2013  53 comments, latest 7 years ago
Bon Jour, Just got back from Paris and recovering from jet lag and thought I would post my vacation tourist observations. 1.) Paris real estate is expensive. (Duh, I know.)...

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Unknown, Not on MLS, by Oxnard and Laurel Canyon
by David9 on 6 Jan 2013  4 comments, latest 7 years ago
Once again, I stopped at an open house cold while driving around the San Fernando Valley this Sunday, January 6, 2013. I parked across the street, noticing the garage was...

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Propped Up Convoluded Housing Market (2) (news.goldseek.com)
by David9 on 27 Nov 2012  1 comment, latest 7 years ago
More essential reading for some readers palates. http://news.goldseek.com/Golde http://www.blackagendareport.c http://thehill.com/blogs/floor http://goodbonesproperties.com http://www.azcentral.com/busin http://www.acting-man.com/?p=2 Kinda scary actually: "What Mike Whitney concludes is happening, is that the banks, acting as a cartel,...

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Propped Up Convoluded Housing Market (articles.businessinsider.com)
by David9 on 25 Nov 2012  12 comments, latest 7 years ago
Just some Sunday evening reading: http://articles.businessinside http://finance.fortune.cnn.com http://blog.redfin.com/blog/20 http://www.counterpunch.org/20 http://www.theburningplatform. I personally like this quote: "HOW TO INCREASE HOME PRICES WHEN HOUSEHOLD INCOME IS FALLING?" "It’s easy. You artificially create...

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Ghost Inventory (ritholtz.com)
by David9 on 18 Nov 2012  17 comments, latest 7 years ago
http://www.ritholtz.com/blog/2 'Ghost Inventory' I like the new term. Don't recall this 2012 article being posted. “The present RRE situation can be best described as massive Fed stimulus + government induced...

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$21,500,000 Investor Flip (homes.yahoo.com)
by David9 on 22 Oct 2012  Posted 7 years ago
I first came across this article stating the price had been reduced by $15,000,000 from the original listing price of $40,000,000. http://homes.yahoo.com/blogs/s I was going to post with something like:...

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Bringing You Real Estate Viewpoints From Around the Globe (blogs.aljazeera.com)
by David9 on 12 Oct 2012  4 comments, latest 7 years ago
http://blogs.aljazeera.com/blo As mentioned in Patrick's book 'The Housing Trap' there is an endless barrage of 'upbeat' Real Estate media articles constantly being promoted for our consumption. I've decided I'm going...

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This is Sold? What is it Doing on Auction.com? (redfin.com)
by David9 on 25 Sep 2012  3 comments, latest 7 years ago
Redfin list this property as sold: http://www.redfin.com/CA/Tarza Yet, the same property is up for auction later this month at half the price: http://www.auction.com/Califor Probably just an isolated incident..

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$2.3 Trillion + $40 Billion More Mortgage Debt to be Bought by Fed (economywatch.nbcnews.com)
by David9 on 13 Sep 2012  10 comments, latest 7 years ago
http://economywatch.nbcnews.co The housing market must really be rosy. The Fed just announced they are purchasing $40 more Billion dollars a month in mortgage debt to the already $2.3 Trillion purchased...

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18745 Hatteras St., #46 Tarzana, CA 91356 (redfin.com)
by David9 on 17 Sep 2012  2 comments, latest 7 years ago
Another weekend, another open house nearby, so I stopped in after running errands. I didn't ask the Realtor's name, I said I just lived nearby and wanted to see the...

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Housing Collapse Part Two (businessinsider.com)
by David9 on 6 Sep 2012  27 comments, latest 7 years ago
Ok, this one is from America. I was reading about a Yahoo executive and this just popped up that I might like to read it. http://www.businessinsider.com The quotes I like...

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Housing Market Corruption Explained (firstpost.com)
by David9 on 5 Sep 2012  2 comments, latest 7 years ago
Just found an interesting article explaining Housing Market Corruption. The article is from February 2012. http://www.firstpost.com/blogs The safest argument for higher property prices is the corruption factor. The nexus between...

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Banks Won't Pay on Mortgage Principal, so California Does (foxnews.com)
by David9 on 20 Aug 2012  7 comments, latest 7 years ago
http://www.foxnews.com/politic Unprecedented and certainly controversial#housing

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Scant Inventory Not Working in the San Fernando Valley (dailynews.com)
by David9 on 27 Jul 2012  Posted 7 years ago
Just had to share, looks like the low inventory is not pushing sales up in the San Fernando Valley section of Los Angeles. Think that works when prices are rising....

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Another Housing Bottom This Year (Maybe) (nytimes.com)
by David9 on 29 Jun 2012  137 comments, latest 7 years ago
http://www.nytimes.com/2012/06 Okay, this is my first posted Real Estate Discussion, please feel free to tear apart at will. I expect nothing less. Articles like this irritate me, so I thought...

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18620 Hatteras St., #233, Tarzana, CA 91356 (redfin.com)
by David9 on 10 Jun 2012  Posted 7 years ago
http://www.redfin.com/CA/Tarza I had noticed there was an open house nearby so I decided to take a walk. The agent Roya was by far the most up front out of the...

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13752 Hatteras St. Valley Glen, CA 91401
by David9 on 6 May 2012  Posted 7 years ago
How interesting, this property is not listed on Redfin. Yesterday, after visiting my father, I followed the signs and stopped at this open house. I had no clue what it...

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18136 Oxnard Street, #44, Tarzana, CA 91356 (redfin.com)
by David9 on 29 Apr 2012  Posted 7 years ago
http://www.redfin.com/CA/Tarza If someone wants to pay 379k for this townhome, yes, in a known prestigious complex in Tarzana, it is for them. It is a well kept, large, tri-level unit,...

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18828 Hatteras St. #A, Tarzana, CA 91356 (redfin.com)
by David9 on 15 Apr 2012  1 comment, latest 7 years ago
http://www.redfin.com/CA/Tarza When I first walked in I was held hostage at the breakfast bar by a tall, French, Realtor Pierre. The first thing he said was: "People think the price...

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Live-Work Law for Artists Roils San Franciscans - (nytimes.com)
by David9 on 18 Oct 2011  Posted 8 years ago
http://www.nytimes.com/1997/04
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