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Frankly I think you are onto something huge here. It may very well be that statisticians are going to someday find a high correlation between the so called housing bubble and off the tax records second income. My thesis is everyone is cheating the crap out of the IRS. I simply refuse to believe...

To me the California market might as well be another country. My comments are relative to the "normal" areas of the country that will do fine - e.g. south, south-east and sun-belt areas. If you are stuck in California in that terrible situation you have no one to blame but yourself. The problem...

Excuse? I'll have you know that no one ever implied or described me me a flaming optimist. I happen to be a "realist". A realist view means that everything in life has both positive and negative attributes to something or somone. It is the "potential differences" between bipolar extremes that...

It sounds like the actual bid administrator was completely incompetent and did not even establish minimum bids. So it turned into a low ball circus and was a waste of every-one's time. The article sums it up rightly with the observer who states that sellers are eager but not desperate. That is...

There is only 6.8 month of inventory nation wide. Technically speaking the market is now trending away from a buyer's market toward a seller's market. I think in 2 more quarters we will turn the corner and be in a balanced buyer/seller market with a slight edge to buyers. As best as I can...

There are two effects. The market is leading reality by 6 months and the speculators have got in on what they think is a bottom. It is my opinion that new construction is not going to increase substantially for at least 2 years over the entire country. That is not to say that certain areas will...

I guess you are addressing me. My comments are directed to the areas of the country where people really want to live. A lot of CA, NJ and parts of NY are going to be hurting. But the South , sunbelt and various other places are going to soar again soon. What will happen in the old dead and...

ha - profit of $350k - but it will get worse. :D This slowdown is in fact very very healthy for the real estate market and will improve the market efficiency and shake out the speculative component and improve the market structure. The dirty little truth that the doom and gloomers want...

I just don't see cause to sound the Chicken Little "the housing market" is crashing alarm from this data. Someone got some sweet deals on the foreclosures and now has instant equity. Consider that San Diego has 469,689 households. These bank owned foreclosures represent less than .3% of the...

Here is the NAR list of markets at worst risk and highest reward in 2007 and beyond: Enjoy TS =========================== Daily Real Estate News | January 25, 2007 10 Markets at Highest Risk for Declining Prices PMI Mortgage Insurance Co. reports that its Market Risk Index scores...

Sorry for the late reply - was out of town off the net and on business. It's refreshing to actually read something from a person here who has at least some understanding on the topics of discussion as well as the civility and discipline to not immediately stoop to personal attacks. However, I...

And every-time you emit such paranoid and conspiratorial conjecture using these cloddish expressives I take satisfaction. Yes, its rather gratifying knowing that I have done my small part to keep such as you off the streets and the country safe from the rantings of a seasoned graffiti master; at...

On the surface and within the romper room of childish naievity it all sounds as good points. But I think you are missing key factors and none of these can be wholly described as "Western Wars". In fact you missed the huge hint in the not so subtle titles the conflicts have been given - e.g...

Apparently you did. But I didn't address The Christ's sentiments about the Jews. But I note here that all of his apostles were Jews - so I don't see any evidence of hate, as you assert, at all. BTW, Only 1 of the original 13 betrayed him and he was a Zionist - a particular political and...

Actually you and I are not far apart in knowing what pattern we are currently in with China. 99.8% of people have not caught on yet to what is going on here. If I were a common every day Aussie I would be petitioning my countrymen daily to start immediately forming a real honest to goodness...

Serious Response PART II As such there is to be found no "right side" in this conflict since neither of the conflicted sides are purely right nor deserving of victory in a larger theological or idealistic sense. Rather what we have are custodial roles which proxy as agents for competing...

In who’s court? OK you taunted me into it - now you must suffer me. Me thinks you will think twice before tossing the gauntlet next time. Such as it is now you are required to suffer two pages of prose since my response exceeds the posting page size limit. I break my response into two...

Pardon me. I do tend to think of England as a detached island of reality separate from continental Europe; and I think the continentals do too. :D I also often equate the French, Germans and Italians as the majority of Europe. It's an easy generalization and not all together improper. No...

They themselves painted that target on their chests years before 9-11 when the declared war on the US, took our embassy hostage and started an active campaign to operate terrorists cells against the west, western allies, and western interests. They re-validated that contempt and declaration of...