Mr Mortgage May CA Housing Report

Quote from Mr Pain:

Although more homes sold, inventory is rising and conditions are worsening.
More...

There are always those who jump in too early and later regret... could be the case now.

A few years back, a neighbor of mine put an addition on his house.. he said the cost of materials and labor came to about $80/sq foot.. and he felt great that the finished value was more like $300/sq foot.

(1) If that's the case, we should have all quit our jobs and become general contractors.

(2) RE could fall to be much less than 50% of zenith prices... which they did in Japan.
 
Quote from Daal:

CA is not the country, that said I like his videos. hes just seems a bit too biased
More...

That's because he committed to a career and got fucked over. It makes you a bit bitter. Believe me.
 
Quote from Arnie:

This is pretty funny......

http://www.youtube.com/watch?v=PwldcXUSHCQ&feature=related
More...

completely agree with the appraiser

Although, if i was the appraiser, personally i would have just pulled an appraisal out of the air and called it an early day.

I mean cmon, home appraisal, what a subjective load of BS.

peak in a window, if the house isnt trashed, then make up a price that is comparable to last house with same SQFT that sold in same neighborhood within last few weeks.

then go have a beer.
 
You must log in or register to reply here.
Back
Top