tag:blogger.com,1999:blog-6616959642391988608.post668680856431044543..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Housing price updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-56023104406765848462013-02-07T11:51:17.370-08:002013-02-07T11:51:17.370-08:00Rent-earning real estate is a steal right now -- m...Rent-earning real estate is a steal right now -- my advice is to bid low and demand painful concessions from sellers -- insist that the seller throw plenty of extras into the deal -- money is in very short supply along Main Street these days -- now is the time to buy up rental properties before the inventory is gone -- but again, bid very low and demand deep concessions from sellers.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64732630527771686002013-02-07T11:23:54.375-08:002013-02-07T11:23:54.375-08:00it is amazing what manipulated supply and manipula...it is amazing what manipulated supply and manipulated interest rates can do. I'm suprised so see the believers in free markets cheer this. "Unsold inventory" and "shadow supply" are a fact. The banks are sitting on their supply because they have next to no carrying costs. Deliquancy rates are what? 10% or so still? <br /><br />Blowing an artifically bubble again...when Unknownhttps://www.blogger.com/profile/12616454339935658018noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67064427450275119812013-02-07T07:24:45.129-08:002013-02-07T07:24:45.129-08:00The most interesting dynamic in rising home prices...The most interesting dynamic in rising home prices is the affect it may have on the middle class. It may free them up to sell houses they couldn't before, making career moves easier, or simply "right sizing"; it will certainly make people feel wealthier. Just as sharply lower home prices were at the root of the great recession, material improvement must be a very important randyhttps://www.blogger.com/profile/16368254229927808998noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66278681204333578592013-02-06T23:18:49.082-08:002013-02-06T23:18:49.082-08:00It is interesting how quickly this market changed ...It is interesting how quickly this market changed in tenor---remember all the screaming about "unsold inventory" and "shadow supply" etc.<br /><br />Moreover, i suspect much of the extra supply is in places like Detroit or Florida.<br /><br />Could be some awesome years ahead for real estate.....Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48102655102102859242013-02-06T16:01:31.586-08:002013-02-06T16:01:31.586-08:00why do you applaud a market that rises way out of ...why do you applaud a market that rises way out of line with growth and historical trends? this will induce the less prudent to over pay, over lever and buy when they should rent. i suspect the reason is you are addicted to cheerleading no matter what the consequences of the fed induced artificial price pumping. shame on you. marcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.com