patrick.net

rowemoore says

grywlfbg says

People, it's EXTREMELY simple. There is only one question you need to ask yourself to answer the "should I buy now" question. Here it is:

Do you believe that the recession is over and the economy will grow from here?

I don't think it is quite that cut and dried, but it sounds logical.

It'll grow after the next recession, which is right around the corner. We're gonna have a double dip, just as the British are having right now.

It's the early eighties all over again, just as I've been predicting for two years.

I understand Doug Schoen and Pat Caddell said their party is going to be decades cleaning up its image after the apparent crash and burn of this administration. I thought people here said Obama was getting a second term?

(snicker)

1sfrenter says

rootvg, would you care if lesbians moved in next door or is it just gay men you have a problem with?

I don't have a problem with either scenario on its face but I don't like it when homosexuals want to raise children on the premise that homosexual "marriage" is normal when anyone with any common sense or semblance of a traditional value set knows it isn't.

Did you know the only reason homosexuality was no longer categorized as deviant in DSM III was because of threats of multiple lawsuits against the APA? It had nothing to do with science. It was all about politics and money and creeping political correctness, even in 1973.

Even with the passage of Prop 8 in California (which fifty percent of Evangelical blacks in LA County supported, that's why it passed), the lefties simply found a queer judge in San Francisco who was near retirement. This is how these people operate. There is no rule of law. It's a mob and there are certain ways to deal with a mob. We haven't gotten to that point yet. You'd better hope that we don't.

rowemoore says

I spoke with a realtor in a fortress today, and she said the sellers are starting to take notice. She expects (perhaps hopes) the inventory to increase dramatically this summer/fall.

It's already happening. I saw many more for sale signs coming home this evening than I saw at the same time last week.

Helloeeze says

rootvg, unfortunately you are outnumbered in California

Fortunately, rootvg is outnumbered in the US.

Getting a little back on track with the original post. Take a look at 144 Justin circle alameda 94502 as an example. On market for 6 months, sells at $460/sqft, nothing fancy/updated at all.

$460 a sqft is easily about 20% over comps. I know it's one example but I sure get the feeling of people screaming, buy now or it's too late!!!!!

Which means it's a bad time to buy. Looks like another year to wait and see.

rootvg says

rowemoore says

I spoke with a realtor in a fortress today, and she said the sellers are starting to take notice. She expects (perhaps hopes) the inventory to increase dramatically this summer/fall.

It's already happening. I saw many more for sale signs coming home this evening than I saw at the same time last week.

Funny thing happens when people run out of money. Shit happens. You can only live off your savings for so long. Patience is the game for buyers and all realtors know it. They won't admit it, but they sure as hell know it.

Helloeeze says

rootvg, unfortunately you are outnumbered in California. That's why I don't bother to vote if I'm not voting Democratic for president. It's pointless. Of course, it's important to note that California is totally fiscally screwed. That's what 50 years of bad thinking will get you. Yet, we had all the wonderful natural resources here in California. We were blessed with so much. It's a shame.

My theory is, California has been so wealthy for so long that people here simply assume they're entitled to the bounty of this place. It's the same way in France and their political culture is very similar to California's.

rootvg says

The realtor for the people who sold our house to us said if there's a deal where the other side is Chinese, she'll simply not get involved. They can't be trusted. ... you object, they throw some politically correct bullshit in your face and call you a racist.

so basically, this realtor doesn't like being called racist because she won't deal with Chinese people? Does this seem funny to anyone else?
How can a realtor who refuses to deal with Chinese people be successful in the Bay Area? That's a lot of the market.

SiO2 says

rootvg says

The realtor for the people who sold our house to us said if there's a deal where the other side is Chinese, she'll simply not get involved. They can't be trusted. ... you object, they throw some politically correct bullshit in your face and call you a racist.

so basically, this realtor doesn't like being called racist because she won't deal with Chinese people? Does this seem funny to anyone else?

How can a realtor who refuses to deal with Chinese people be successful in the Bay Area? That's a lot of the market.

I don't think she gives a shit what you call her. She's been in the business for so long that I don't think it would affect her either way.