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That's precisely what our lapdog and coward in hiding wants. Diversion to his lies and away from the truth that housing is a massive loss at current inflated asking prices.
No, I'm fine talking about housing. Why not post something other than one of your copy and paste comments to get the ball rolling?
Anyway, to get back on topic.
Something I've noticed a lot in OC distressed sales.
Home comes on market at respectable price ($700,000, comps support $710,000 to $715,000).
Everyone shows up to open house.
Ends up, $45,000 2nd lien on the home. To get the listed price, you need to come $45,000 out of pocket.
Look who is talking. The guy who predicted silver going to $10-15 by March, 2012. Silver is almost at $35 today
Oh snap. No he didn't!
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Looks like the bull trap has sprung and prices have resumed their fall to affordability
http://lansner.ocregister.com/2012/09/08/166087/166087/
Great news for the buyer watching and waiting.