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Man...if I had to choose to buy this $hitbox or move to another part of the country....duh! Boise here I come! moo...

It is true that during real estate bubbles people do leave California. During the last downturn from 1990-95 we lost many of our personal friends. They moved all different directions, Boise, Las Vegas, Phoenix, etc. It was quite stunning actually as they one by one left. They were able to get...

We may not have to wait for long...the builders want out now! This was the weekend ad. The revered POS D.H. Horton is setting some new comps for the neighborhood! Imagine how the buyers of last summer feel, after camping out for the very special privilege of buying one of these gems. ...OWP

http://www.johntreed.com/bestseller.html Robert Allen.. $412,045.65 in IRS liens filed against him on 6/16/86, $76,000 warrant for delinquent tax liens filed by State of Utah in 1986, sued by fellow gurus who spoke at his conferences for $117,000 in compensation, declared Chapter 7...

Problem is...the flippers cannot hold on to the properties. To rent them they face neg cash flow that chews their rear end month after month, not to mention the disturbing option ARM reset looming ahead for them. They will have to sell, indeed dump them below market to move them. Sales in my...

The slow reality of being a "fu@ked borrower" is setting in. Funny to look back on this thread of last summer and see posters writing about the demographics of the permanent housing "shortage". Wow, look at the glut now, wondered what happened??? OWP...

Thought this post on a message board would be good to re-post here...OWP http://housingbubblecasualty.com/forum/index.php?topic=100.0 "I'm a Construction Superintendent for large N. California homebuilder. Word to the wise: THe $HIT is about to HIT the FAN." "Centex just had a 150K off...

Guess Bob and Bruce were not so dumb after all...‘The Toll Brothers data is telling us that the fairy dust of rising home prices is floating away,’ Stephen Roach, chief global economist at Morgan Stanley.” Their take? 100 million and 53 million last July alone, mostly sold with absolute...

New web site today...get your zestimates! This could be a very handy cool tool...OWP http://www.latimes.com/business/la-fi-zillow8feb08,0,1329121.story?coll=la-home-headlines From the Los Angeles Times Expedia Founder Applies His Know-How to Real Estate By Annette Haddad Times...

Toll now down over 6% for the day...

That becomes the new "comp" for the neighborhood. The previous buyers are absolutely screwed and locked in....OWP

I haven't heard some of those names in a very long time...Kristy McNichol lost her a$$. lol The "standing in line" comment in the article seems to be a common theme in asset bubbles, this time too. In last spring's market top people not only stood in line, they had to compete with other...

Most every publically traded company is an earnings whore to a more or lessor extent. When earning start to slip company behavior gets ugly. Hardly a week goes by when we do not hear about crap like that...I could cite hundreds of examples in recent news. In today's market it is difficult to...

Works out nice...as long as you can buy the fictitious house that averages price values from the nation as a whole. Price history is much different when you look at the coasts...and as well price action for the homebuilder stocks historically is proving once again that they are totally POS...

I would agree that the interest rate environment was related to the bust from 1980-85. The later bust (1990-95) was pinned to a job loss environment. Busts always have to be "explained" by people and the media. Humans need to find answers, but IMO simple explanations like these are not the...

Not on me, but I understand you can go to The Los Angeles Times website and do a search. Someone on another forum did that, they got articles from the last bust...1990-1995 time frame with key word "real estate", etc. Let us know if you find something interesting...OWP

Another bubble article...oh wait, this was two bubbles ago. OWP December 8, 1984 THE DAY LOS ANGELES'S BUBBLE BURST By BENJAMIN STEIN ; BENJAMIN STEIN'S LATEST BOOK IS ''FINANCIAL PASSAGES.'' My pal Jerry P. just bought a condominium in Century City, in Beverly Hills, for 60 percent of...

oh my! http://www.sacbee.com/content/homes/re_news/story/14143134p-14971606c.html "Sales of new homes in Sacramento, Placer, El Dorado and Yolo counties plunged 57 percent in the last three months of 2005, compared with both the previous quarter and fourth-quarter 2004, according to the...

No real matter anyway...but it is always nice to know who is on the train before it derails..OWP :-)

Would anyone of you buy this chart??? ...right shoulder failure, massive divergence, this chart is a mess. OWP