patrick.net

Ceffer says

UFO abduction, of course.

All the passengers and pilots will wind up in various parts of the world walking around dazed and confused, with tracking implants and sore buttholes.

Sounds like the average resident of San Francisco!

Demo work costs money and will only be done if the cost is less than the negative value if the house. I don't see this happening across the spectrum, but for some markets like Detroit it makes sense. The problem is that the people that build value to a neighborhood (the peasants) aren't the ones with the cash on hand to invest in a house (the banks). Until that happens I think blight and degeneration will be trending upwards while the values dip.

Before we start talking about his foreign policy I do feel the need to point out the fact that Carter had a pretty badass sweater collection.

jojo says

bob2356 says

It's always a great time to buy.

Has the NAR ever said it's not a good time to buy?

AFAIK, NAR's opinion is always now is the best time to buy and sell :).

Quigley says

Ceffer says

UFO abduction, of course.

All the passengers and pilots will wind up in various parts of the world walking around dazed and confused, with tracking implants and sore buttholes.

Sounds like the average resident of San Francisco!

Point well taken. SF is the first place to look for survivors.

If one has a home in the Bay Area, list it for twice what you thought you could. Some rich foreign sucker will pay twice the listing price.

Bring some of that outsourced profit back home.

Wonder if it's landed yet?

The pilots thought they were auditioning for "The Hangover part V".

epitaph says

Demo work costs money and will only be done if the cost is less than the negative value if the house.

In what world is cost ever less than a negative value?

When the utility company attaches a meter to your ass and starts sending you checks, you know you are in trouble.

Do me a favor? Let's NOT have these egg rolls when you invite me over for dinner. Please?

The Uighur go-go dancers twerk decapitated the pilot and co-pilot, launching the spurting heads from their butt cleavages down the aisle and causing a panic, which threw the plane into a death spiral.

The donkeys kicked out the instrumentation and the auto pilot. The pilots were already blinded by the panties over their eyes with decapitation pending.

I would like to see the Uighur go-go dancers performing with the Swedish Bikini Team

That would be a great double bill, even if it meant imminent death.

Beware of such articles, the truth is inventory has started to increase in SFBA. If I am an investor, would be reluctant to buy now.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Thursday, March 13, 2014 __ Level is 102.8

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

hanera says

If I am an investor, would be reluctant to buy now.

You are wrong. A piece of RE is always a good investment!

I can make some pretty decent egg rolls or spring rolls.
egg rolls are just one of those things, that aren't very good frozen, I don't care how great they were before they were frozen. Cabbage is just one of those things that doesn't thaw very well after being frozen.

I get pot stikers, but I avoid the ones that are Vegetable pot stickers as they end the same greasy gooey mess in the center as the frozen egg rolls do.

I get some that look like these at my local Asian market.

They have a mixture of meat, those transparent noodles, and carots and other hardy vegetables other than cabbage.

jojo says

bubblesitter says

You are wrong. A piece of RE is always a good investment!

Hopefully this is sarcasm.

Yes it is.

U mean prices continue to go UP?

Buy now, and surf the wave of Chino-bucks flooding in!

It's a sure fire strategy.

bubblesitter says

U mean prices continue to go UP?

That's exactly what he means.

Call it Crazy says

bubblesitter says

U mean prices continue to go UP?

That's what I've been told by NAR....

Told ya that's what he means.
This is what Dataquick is saying from your article:

Foreclosure sales are also down 17.9% from a year earlier.

Foreclosure resales peaked at 58.8% in February 2009.

February also marks a full two years where median sale price has risen year-over-year.

"The median price paid for a home in California last month rose to $355,000, up 0.6% from $353,000 in January and up 22.8% from $289,000 in February 2013".

Sales are down 19%
Prices are up 23%
There goes everything I ever learnt in economics 101.

jojo says

bubblesitter says

You are wrong. A piece of RE is always a good investment!

Hopefully this is sarcasm.

Nope. He is right.

Call it Crazy says

bubblesitter says

jojo says

bubblesitter says

You are wrong. A piece of RE is always a good investment!

Hopefully this is sarcasm.

Yes it is.

Oh crap, now you tell me... Can I give the house I just bought back because it's NOT a good investment??

Give it to me. I'll let you rent it back.
One man's meat is another man's poison.

jojo says

@straregist

Who is right?

Bubblesitter. He just does not realize how right he is.
Most people get rich through real estate. In the long run it's always a good investment, especially in sunny California. Even Mickey Mouse prefers California.

jojo says

Real estate can be a good investment. But that is very different than always.

A little exaggeration to spice things up. Almost always. :)

It seems like Roberta is back. Woohooo. :)

Call it Crazy says

Strategist says

One man's meat

You like man meat??? OK, that explains all those Motel 6 bills...

Don't tell my wife I used her credit card.

Real estate and economics have nothing to do with each other.

Strategist says

Sales are down 19%

Prices are up 23%

There goes everything I ever learnt in economics 101.

It makes perfect sense if you put context to the data.

Lower inventory (scarcity) driving prices upward. That means lower overall sales volume at higher prices. Yes. That is the market today exactly.

Call it Crazy says

Rew says

Lower inventory (scarcity) driving prices upward. That means lower overall sales volume at higher prices. Yes. That is the market today exactly.

Stop the bullshit with the "lower inventory".... It means NOTHING but talking points for the MSM.....

The reason for lower sales is that fewer and fewer can afford to buy houses... PERIOD!!!

If fewer and fewer can afford to buy houses, prices would fall.
Rew is correct....A scarcity of homes available for sale is the only explanation for prices going up inspite of lower sales.

I get the prepared ones, but not just anyone of the hundreds they sell. The place has rectangle ones, that are like the ones above.

for a dipping sauce...
A little Soy, rice wine, drop of sesame oil, some red pepper flake, and just a hint of 5 spice, but not over doing it on the 5 spice. Not enough or none is far better than even a little too much.

I'll have to take some pics next time I go, now that I've got a decent camera on a phone.

Hmm, guess it's time to modify some of those female extortion tactics.

He threatened to post nude photos of her on the internet when he SHOULD have threatened to show pictures of her without her makeup.

Now, his dick is being used in a pounded flounder recipe.

bgamall4 says

Bigsby says

Israel is accepted by the Palestinians?

Yes, the right to exist has been established by the negotiating parties.

Dear me. And what has happened since those negotiations were made all those years ago?

bgamall4 says

Bigsby says

I imagine very many people would age quite a bit after their child's murder,

Not 15 years. You can try to cover it up all you want but the second verification is the kid Jesse's name is in the yearbook of Adam, making the picture understandable as to age.

15 years is simply a number you came up with because of the yearbook. I have no idea if the yearbook is fake or real, but if it is real, then it is simply another child with that name. You'd think quite a lot of people would know that that man's child was substantially older than he claims, wouldn't you? Please tell us how many have come forward to say that.

Because everyone that's not in the pool of politically privileged is paying for housing via their labor, and they are looking for deals like hawks, if they have the means ( steady job, good enough credit, desire to purchase)

I went and had a sit down with my realtor buddy yesterday for an hour. He said everyone wants a deal, not a soul comes in looking to buy high like they were in years past.

At least here in my local market