Comments on: San Diego Mortgage and RE info

by: Pain Relief

Thu, 23 Feb 2006 17:21:24 +0000

Do you have an rss feed I can subscribe to?

by: SoCalMtgGuy

Thu, 16 Feb 2006 08:00:54 +0000

bidingtime…

send piggington an e-mail. I saw on his site that he would look at doing other areas if there was interest.

aguho…
check out the “pain is…” board in the forums.

SoCalMtgGuy

by: aguho

Wed, 15 Feb 2006 20:25:00 +0000

Since we are on the topic of pain, maybe a good theme song would be “Feel the Pain” by Dinosaur Jr. Love that song

by: aguho

Wed, 15 Feb 2006 20:19:24 +0000

“Prices could drop 80% and he’ll still make a profit. Look for people like him to put the hurt on the flippers who’ll soon be underwater if they get in a race to the bottom to out-sell him.”

I believe when this happens(and it will),that’s when we’ll see the real carnage begin.All it takes is one homeowner on a street to drop their price substantially to inflict real pain on the neighbors.The person with 400,000 + in equity and no debt has all the leverage………

by: bidingtime

Wed, 15 Feb 2006 13:29:32 +0000

SoCalMtgGuy, it’s not your bailiwick, I know, but do you happen to know of any piggington.com analogues making comparable analysis available for other local markets? I’d pay $8/mo to be able to lean on this kind of data in the Boston area.

by: Ted

Wed, 15 Feb 2006 01:59:11 +0000

My father-in-law is reading his 1970s former-rent-house for the market in North County. I’ve tried to get him to sell it earlier, but he’s finally doing it now. Prices could drop 80% and he’ll still make a profit. Look for people like him to put the hurt on the flippers who’ll soon be underwater if they get in a race to the bottom to out-sell him.

by: In At the Rise

Wed, 15 Feb 2006 01:27:43 +0000

Pain is writing out our frustrations on this blog because we missed the housing boat and are far from a reasonably/realistically priced home (300k) :–(
boo hoo

by: dm

Wed, 15 Feb 2006 01:20:23 +0000

thanks Scmg!

by: SoCalMtgGuy

Wed, 15 Feb 2006 00:56:03 +0000

Dm,

check out Ben’s blog…I think that topic was hammered pretty well over there the day that article was posted. Check the past 2-3 days of his archives and you will find it.

SoCalMtgGuy

by: dm

Wed, 15 Feb 2006 00:38:37 +0000

On another board, I saw a reference to this article
http://www.ocregister.com/ocregister/money/atoz/article_989246.php
which I can’t crosscheck. So, take it with the obvious grain of salt.

The gist of it appears to be that there’s this guy named Gary Watts, who has an enviably good track record of predicting OC real estate prices. According to the article, he is reportedly talking of another 15% gain for OC real estate prices this year.

Can anybody confirm this?

Thanks much!