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WSJ prints story so wrong it looks like it was written by the NAR

By Patrick   Follow   Fri, 27 Apr 2012, 1:52pm   8,492 views   100 comments
In Menlo Park CA 94025   Watch (2)   Share   Quote   Permalink   Like   Dislike  

Wow, it sure looks like WSJ reporters are getting paid by the NAR to run ads in place of stories. For example:

http://online.wsj.com/article/SB10001424052702304723304577366294046658820.html

contains this:

At the current pace of sales, it would take just 1.5 months to sell all the homes listed in Sacramento, Calif., and 2.4 months to sell all the homes listed in Phoenix.

And yet we see from Zillow that there are 12,841 houses for sale right now in Phoenix:

http://www.zillow.com/homes/Phoenix-AZ_rb/

Wait, that's low. Trulia shows 17,294 houses for sale right now in Phoenix:

http://www.trulia.com/AZ/Phoenix/

Those are all going to sell in 2.4 months? I don't think so.

It is sad to see the WSJ ruin their credibility in this way.

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1. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,008 comments Pleasanton, CA Premium

   61   10:05am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   Protected   Bigsby says Anyhow, that's just me, but I'm sure many of the readers on this forum will sleep safer knowing that you're on the job. I'd consult with TMAC54 over you because of logical reasons. You use typical attack style debate techniques when the data doesn't side with you. Soft on people, hard on the facts is always the best approach. There is a boatload of facts on this site that gets everyone thinking about housing and the history and future. None of us know the exact outcome and people can view the same data and develop different opinions. That doesn't mean they are bad people, like many on this site seem to imply. To each his own. Good luck to all.

2. Bigsby Follow Befriend 2,826 comments Monterey, CA

   62   10:38am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike (1)   I use attack style debate? Perhaps you need to reread the majority of your posts. And yes, I'm quite sure you'd consult with him ahead of me as he would clearly help you to reinforce your seemingly fossilized outlook on housing. And it doesn't seem to be me who has an issue with the data - you and I had a long back and forth in another thread where you completely misunderstood what was going on but still steadfastly cleaved to your preconceptions. Facts don't really seem to mean that much to you when they don't match with what you want to hear. And yes, people can view the same data and form different opinions, but all too often the likes of you and other perma-bears insult those who disagree - apparently we're sheep, or gullible, or just plain stupid for not being able to see what you are supposedly saving us from. Forgive me if I don't quite see it that way.

3. Bigsby Follow Befriend 2,826 comments Monterey, CA

   63   10:44am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike (1)   RentingForHalfTheCost says I know one that is not. Can't comment on the other. Truth is elusive in life. Absolute truth is impossible. I trust my own memory though. It has failed me with key and wallet placement, but in memories of meeting and knowing people it hasn't. Are you being serious? You've already admitted that you made that comment up in an earlier post, so you've just proven once again that you are bullshitting. Honestly, where's the facepalm smiley.

4. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,008 comments Pleasanton, CA Premium

   64   10:48am Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   Bigsby says RentingForHalfTheCost says I know one that is not. Can't comment on the other. Truth is elusive in life. Absolute truth is impossible. I trust my own memory though. It has failed me with key and wallet placement, but in memories of meeting and knowing people it hasn't. Are you being serious? You've already admitted that you made that comment up in an earlier post. Honestly, where's the facepalm smiley. I never made it up. I don't lie like you suggest. I just went against my morals to post it, because it highlighted the stupidity of boasting about ones own fortunes to win an argument. The whole 1.5 million dollar statement doesn't show any good virtues. If someone said that to me in a face-to-face I would just walk away. The fact that you don't get that, then means I would most likely walk away from you as well.

5. Goran_K Follow Befriend (4) 25 threads 1,520 comments Laguna Beach, CA Premium

   65   10:53am Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   I understand that banks are not in the business of keeping houses, but I also don't buy that they have to release homes because of holding cost. I think for mid-tier to higher-tier distressed homes in CA, the holding cost are much much less than the loss that would be caused by releasing the home at the "true" market price.

6. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,008 comments Pleasanton, CA Premium

   66   10:54am Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   Bigsby says I use attack style debate? Perhaps you need to reread the majority of your posts. Perfect example of deflection again. Textbook. And yes, I am using it here also. I don't draw first blood, but I can stab better than most.

7. Bigsby Follow Befriend 2,826 comments Monterey, CA

   67   11:03am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   RentingForHalfTheCost says Bigsby says I use attack style debate? Perhaps you need to reread the majority of your posts. Perfect example of deflection again. Textbook. And yes, I am using it here also. I don't draw first blood, but I can stab better than most. Dear, me. Deflection implies that I'm avoiding addressing issues you've raised. Unfortunately, you haven't raised any issues worth addressing, so what exactly am I deflecting from?

8. Bigsby Follow Befriend 2,826 comments Monterey, CA

   68   11:07am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   RentingForHalfTheCost says I never made it up. I don't lie like you suggest. I just went against my morals to post it, because it highlighted the stupidity of boasting about ones own fortunes to win an argument. The whole 1.5 million dollar statement doesn't show any good virtues. If someone said that to me in a face-to-face I would just walk away. The fact that you don't get that, then means I would most likely walk away from you as well. This is ridiculous. You admitted a few posts earlier that it was an apocryphal tale used to reinforce your dig at Roberto. Can you not even follow your own posts? But don't worry, I rather doubt anybody believed you in the first place.

9. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,008 comments Pleasanton, CA Premium

   69   11:18am Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   Bigsby says This is ridiculous. You admitted a few posts earlier that it was an apocryphal tale used to reinforce your dig at Roberto. So let me figure this out. You read my post, which I'll reproduce here word for word. Glad you caught that. Sometimes when you make the same point that you are highlighting, people tend to get it. :) It is NOT cool, ever! And you concluded the following "it was an apocryphal tale used to reinforce your dig at Roberto". Yup, I would just walk away. Bye and good luck to you. We are so far from the OP intention that I personally apologize. I do believe that Phoenix is not going to get any better like many imply. Jobs??? Incomes??? Debt??? Underwater??? Nothing is there to help it get better except NAR propaganda. Numbers look a little better because they suck big time. The story looks much different in California (especially the BA). Housing prices don't suck here, my view is they will in time, but right now they don't.

10. Bigsby Follow Befriend 2,826 comments Monterey, CA

    70   11:22am Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike (2)   You have to be joking. That post was in response to mine where I remarked that what you said was comedy gold. Is this like the last thread where you just can't follow what is going on? Nobody believes what you said in response to Roberto, or do you seriously think that people are nodding their heads and going "Oh look, RFHTC is good mates with some of the richest people in the world, not millionaires mind, but multi-billionaires. I guess Larry, Sergey and Mark must all go round to his rental on a Friday to chat about real estate. Or perhaps he goes to theirs." You appear to be neck deep in your own bullshit and sinking fast.

11. Patrick Follow Befriend (54) 5,188 threads 6,157 comments 46 male Menlo Park, CA

    71   1:58pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (5)   Dislike   ArtimusMaxtor says Houses are the one thing that people get from one another. Think about it not much else unless you have a garage sale. Fixed prices as it relates to labor is oh so important to them. Everything other than homebuying is a fixed price with no absolutely no bargaining allowed. That right there should make you awfully suspicious of who owns just about everything. Once again paper is simple for them. They need the labor. They need you trained and laboring (working) for them for a long time. I'm pretty sure I agree with you, but I don't think you said it clearly enough. Here's my attempt: Everything in America can be explained as a filthy battle for control over your labor. Money is just paper. It's an abstraction. The concrete reality is that you are trapped and forced to labor for the people who control the money system. And the biggest trap of all is mortgage debt: 30 years of bondage to a lender who does no visible work himself. If people were free to own a house without paying a mortgage, they would not be such obedient servants of the rich (their bosses and the lenders). This is why you will NEVER hear anyone in power say that buying a house with no debt at all is a good thing. It's why they never call falling house prices "good" even though they are obviously good for the laboring masses.

12. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,008 comments Pleasanton, CA Premium

    72   2:45pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   So in the WSJ article a couple in Danville talks about how they got 17 bids in 4 days. Even though it was sold for 180K less than what they paid for it back in 2004, it went for 50K above askings. Not really sure the point this all makes. One conclusion is the realtor priced the house incorrectly garnering all the bids. They still lost a boatload of money over 8 years of ownership, so instead of getting me all ichy to run out and buy, like most of the article seems to be saying, I wouldn't. 180K loss? That probably doesn't include the closing and commission fees either. Anyway, to be fair in writing they should have also talked about the Danville houses that have been on the market for a while now even though they have reduced the price 50K. Wouldn't that be fair? There are many. Here are just two as an example. http://www.trulia.com/property/3078382450-28-Shelly-Pl-Danville-CA-94526 http://www.trulia.com/property/1034214788-226-Loch-Lomond-Way-Danville-CA-94526 In the description of the 2nd link you will see it says "Need an offer" at the end. Do you think the seller reads that WSJ article and doesn't call his realtor saying WTF? 17 bids in 4 days, and I can't get just 1?

13. jvolstad Follow Befriend (4) 992 threads 1,125 comments San Antonio, TX jvolstad's website

    73   5:01pm Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   Even though I sometimes frequent Bay Area open houses, no way I would ever buy a property here. One word: Taxes. That plus these post stamp sized yards. An actual (my) Bay Area (Millbrae, CA) backyard:

14. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

    74   6:33pm Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   RentingForHalfTheCost says So in the WSJ article a couple in Danville talks about how they got 17 bids in 4 days. Even though it was sold for 180K less than what they paid for it back in 2004, it went for 50K above askings. Not really sure the point this all makes. You gotta love Journalist! ... they always get the big picture!

15. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

    75   6:39pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Patrick says And the biggest trap of all is mortgage debt: 30 years of bondage to a lender who does no visible work himself. Mortgage instruments are not the problem... our society isnt talking about what really matters... PRICE. No one talks about what REAL prices were in the past and normal level of affordability. Using mortgage as an issue is disctration from the real issues and hasnt solved the real issues.

16. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

    76   7:39pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike   What a disgusting,misleading story! Bidding wars are back,but,but prices ain't going up,isn't that fact itself negates this article?

17. Patrick Follow Befriend (54) 5,188 threads 6,157 comments 46 male Menlo Park, CA

    77   8:02pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike   thomas.wong1986 says Mortgage instruments are not the problem... our society isnt talking about what really matters... PRICE. Mortgage lending drives high prices and high prices force buyers to borrow. So I think it's pretty much the same issue. If we could stop all mortgage lending, I think that would be a very good thing overall for America. Seriously. Prices would far lower, and you would know for sure what a house was worth.

18. Patrick Follow Befriend (54) 5,188 threads 6,157 comments 46 male Menlo Park, CA

    78   8:07pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   bubblesitter says What a disgusting,misleading story! Bidding wars are back,but,but prices ain't going up, isn't that fact itself negates this article? True, prices are not rising on a year over year basis. These kind of articles come out every year in the spring, mistaking the seasonal rise in activity for a recovering housing market.

19. BoomAndBustCycle Follow Befriend 28 threads 351 comments

    79   8:12pm Sun 29 Apr 2012   Share   Quote   Permalink   Like   Dislike   Patrick says thomas.wong1986 says Mortgage instruments are not the problem... our society isnt talking about what really matters... PRICE. Mortgage lending drives high prices and high prices force buyers to borrow. So I think it's pretty much the same issue. If we could stop all mortgage lending, I think that would be a very good thing overall for America. Seriously. Prices would far lower, and you would know for sure what a house was worth. How would this not be a massive transfer of wealth? If we dont allow mortgage loans, why not outlaw car loans, small business loans, credit cards... Where does it end? With the already massive income equality in the US... All stopping credit would do is allow the rich to buy up all the land and rent to the middle class as peons. You cannot change the rules of the game at halftime.

20. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    80   8:14pm Sun 29 Apr 2012   Share   Quote   Permalink   Like (3)   Dislike   Protected   Patrick says Everything in America can be explained as a filthy battle for control over your labor. Money is just paper. It's an abstraction. The concrete reality is that you are trapped and forced to labor for the people who control the money system. I think you've nailed it.

21. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

    81   7:02am Mon 30 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike   Patrick says Mortgage lending drives high prices and high prices force buyers to borrow. Medical Insurance is allowing medical treatment costs to rise uncontrollably. Auto lending has allowed car prices to skyrocket. etc.etc. The middle man wins in every case. Gubmint uses TAX(s) as their cash cow. Tax is the only one you can still be jailed for. At least in 2012. Banks are working on it though.

22. jvolstad Follow Befriend (4) 992 threads 1,125 comments San Antonio, TX jvolstad's website

    82   7:58am Mon 30 Apr 2012   Share   Quote   Permalink   Like (4)   Dislike   Patrick says Mortgage lending drives high prices and high prices force buyers to borrow. So I think it's pretty much the same issue. If we could stop all mortgage lending, I think that would be a very good thing overall for America. Seriously. Prices would far lower, and you would know for sure what a house was worth. The only mortgage allowed should be 15 year fixed loans with a minimum of 20% down and the buyer needs decent credit. Banks would not be allowed sell off these notes. But then they are only 15 year mortgages with large down payments. Problem solved.

23. bmwman91 Follow Befriend (7) 37 threads 1,539 comments Mountain View, CA bmwman91's website Premium

    83   8:19am Mon 30 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   Protected   jvolstad says The only mortgage allowed should be 15 year fixed loans with a minimum of 20% down and the buyer needs decent credit. Banks would not be allowed sell off these notes. But then they are only 15 year mortgages with large down payments. Problem solved. Why do you hate America?

24. thunderlips11 Follow Befriend (13) 51 threads 2,636 comments Premium

    84   9:02am Mon 30 Apr 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   jvolstad says The only mortgage allowed should be 15 year fixed loans with a minimum of 20% down and the buyer needs decent credit. Banks would not be allowed sell off these notes. But then they are only 15 year mortgages with large down payments. Good idea.

25. leo707 Follow Befriend (12) 10 threads 3,516 comments Oakland, CA leo707's website Premium

    85   9:25am Mon 30 Apr 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   Protected   Patrick says It is sad to see the WSJ ruin their credibility in this way. The WSJ lost its credibility when Rupert Murdoch rolled it into NewsCorp right beside FOX "news".

26. gromitmpl Follow Befriend 1 threads 118 comments

    86   10:14pm Wed 2 May 2012   Share   Quote   Permalink   Like (1)   Dislike   leoj707 says Patrick says It is sad to see the WSJ ruin their credibility in this way. The WSJ lost its credibility when Rupert Murdoch rolled it into NewsCorp right beside FOX "news". Oh. I see. And you think CNN was objective when Turner owned it and even more so when bought by Time Warner? How about ABC. I suppose you think Micky Mouse is more credible than Rupert?

27. Bigsby Follow Befriend 2,826 comments Monterey, CA

    87   10:26pm Wed 2 May 2012   Share   Quote   Permalink   Like (1)   Dislike   gromitmpl says leoj707 says Patrick says It is sad to see the WSJ ruin their credibility in this way. The WSJ lost its credibility when Rupert Murdoch rolled it into NewsCorp right beside FOX "news". Oh. I see. And you think CNN was objective when Turner owned it and even more so when bought by Time Warner? How about ABC. I suppose you think Micky Mouse is more credible than Rupert? Yep.

28. robertoaribas Follow Befriend (23) 55 threads 3,795 comments Scottsdale, AZ robertoaribas's website

    88   12:37am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   mls listings in phoenix as of this second, are under 13,000 actives... continuing the drop mentioned in the WSJ. 8794 closed in the last 30 days. Do your own division. A balanced market has 5 or 6 months inventory, in 2008 we had a stunning 2 years of inventory... For another objective source, go to housingtracker.net I took tons of heat in 2005 and 2006 for predicting the crash, and selling my properties...From precisely this same attention to numbers... Maybe UC. Berkeley graduate math studies helped... Go ahead, I can take it on the other side too!

29. Bigsby Follow Befriend 2,826 comments Monterey, CA

    89   12:46am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says mls listings in phoenix as of this second, are under 13,000 actives... continuing the drop mentioned in the WSJ. 8794 closed in the last 30 days. Do your own division. A balanced market has 5 or 6 months inventory, in 2008 we had a stunning 2 years of inventory... For another objective source, go to housingtracker.net I took tons of heat in 2005 and 2006 for predicting the crash, and selling my properties...From precisely this same attention to numbers... Maybe UC. Berkeley graduate math studies helped... Go ahead, I can take it on the other side too! You do seem to rather enjoy bigging yourself up.

30. robertoaribas Follow Befriend (23) 55 threads 3,795 comments Scottsdale, AZ robertoaribas's website

    90   12:50am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Bigsby says You do seem to rather enjoy bigging yourself up. yep, that's what I'm talking about. Can't look at number or think, but can toss a personal insult out there... just like in 2005 and 2006...

31. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 171 threads 4,208 comments Premium

    91   1:29am Thu 3 May 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   bmwman91 says jvolstad says The only mortgage allowed should be 15 year fixed loans with a minimum of 20% down and the buyer needs decent credit. Banks would not be allowed sell off these notes. But then they are only 15 year mortgages with large down payments. Problem solved. Why do you hate America? The mortgage industry is so hysterically and irreparably criminalized that it should be disbanded. The FBI's report showed that in 30% of cases of fraud that it found, the originator taught the borrower how to jigger the application data to qualify. Which means that in more like 75% of all cases, the originator is an agent of financial crime as a workaday fact of life. Time to stop the crime and just put the suckers out of business. It's CASH or FUCK YOU, America!

32. Bigsby Follow Befriend 2,826 comments Monterey, CA

    92   2:48am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says Bigsby says You do seem to rather enjoy bigging yourself up. yep, that's what I'm talking about. Can't look at number or think, but can toss a personal insult out there... just like in 2005 and 2006... Err, if you think that's an insult.... You frequently boast about your properties and now that you've apparently exhausted that particular outlet, you've moved on to your education. Why not wind it back in a bit and make your points without resorting to the same old, same old? I don't think it would detract from your points. And by the way, I'm not one of the perma-bears on here, so that particular come back doesn't wash.

33. snyderkv Follow Befriend 4 threads 66 comments

    93   3:23am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Patrick says thomas.wong1986 says Mortgage instruments are not the problem... our society isnt talking about what really matters... PRICE. Mortgage lending drives high prices and high prices force buyers to borrow. So I think it's pretty much the same issue. If we could stop all mortgage lending, I think that would be a very good thing overall for America. Seriously. Prices would far lower, and you would know for sure what a house was worth. Stop all mortgage lending? Look up the average americans savings and tell me how homes can cost so little when the price to build the home cost more than people have in savings and you will see that mortgages are necessary. I'm sure you would love a free house after all attempts at shorting the market but people don't labor for free and the cost of construction is going up as the price of energy/oil and everything goes up. Also not sure why people think the prices should cost the same as they did 100 years ago inflation adjusted. Things are different, energy/oil prices go up, rising construction costs, supply/demand, standard of living increases as ammenities in residential neighborhoods improve like water, electricity, garbage disposal, roads, road lighting exc, sure these weren't up to par when your grandfather was alive What traps people in the homes (besides negative equity) is the spread (the selling fees) like agent fees, paperwork exc, if this was reduced and streamlined, people would be more mobile similiar to apartment owners. Even if you gave homes away for free, selling would still be an issue as people always seem to spend what extra income they have and not afford the fees (in times when you can't count on appreciation or equity). I believe this to be just as important as lower prices.

34. leo707 Follow Befriend (12) 10 threads 3,516 comments Oakland, CA leo707's website Premium

    94   10:07am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   gromitmpl says Oh. I see. And you think CNN was objective when Turner owned it and even more so when bought by Time Warner? How about ABC. No, no news source is completely objective. I am not sure why you would infer that from my post. There is however a gray scale of objectivity ranging from completely non-bias to entirely bias propaganda. Objectivity in news sources is not a Boolean expression. When studied every major news source in the US has at the very least a slight conservative bias. NPR is found to be the most non-bias news source. FOX "news" in particular, and Murdoch's News Corp. has an extremely high bias. You would be hard pressed to find a major news source that has the same level of bias, FOX "news" would even give the Chinese state run news service a run for their money. FYI, if you are curious as to what a "news" source with a high liberal bias looks like you can check this out: http://www.kpfa.org/home gromitmpl says I suppose you think Micky Mouse is more credible than Rupert? Yes, yes, yes! A thousand times yes! To be fair though I also think that Micky Mouse is also more credible than the Chinese state run news service and KPFA.

35. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    95   10:10am Thu 3 May 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   All for-profit news is propaganda. They have to do the bidding of the people with the money, or they're out of business.

36. leo707 Follow Befriend (12) 10 threads 3,516 comments Oakland, CA leo707's website Premium

    96   10:18am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   robertoaribas says mls listings in phoenix as of this second, are under 13,000 actives... continuing the drop mentioned in the WSJ. 8794 closed in the last 30 days. Do your own division. A balanced market has 5 or 6 months inventory, in 2008 we had a stunning 2 years of inventory... For another objective source, go to housingtracker.net Housing tracker puts Phoenix at 15,396 down -1.7% from last week. I don't see that they have the properties closed though, what is an objective source for that?

37. Patrick Follow Befriend (54) 5,188 threads 6,157 comments 46 male Menlo Park, CA

    97   11:10am Thu 3 May 2012   Share   Quote   Permalink   Like (5)   Dislike   wthrfrk80 says All for-profit news is propaganda. They have to do the bidding of the people with the money, or they're out of business. True, and the internet is a big threat to that propoganda business. So I suspect a lot of SOPA and PIPA were really driven by businesses and politicians who want to limit the public's alternatives for information. To win in America, you don't have to make a good product or tell the truth. You just have to use the laws to prevent competition with you. leoj707 says Housing tracker puts Phoenix at 15,396 down -1.7% from last week. I don't see that they have the properties closed though, what is an objective source for that? In theory the county records office will have "public" records of all closings. Getting that information out of them can be hard though.

38. robertoaribas Follow Befriend (23) 55 threads 3,795 comments Scottsdale, AZ robertoaribas's website

    98   11:27am Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Patrick says In theory the county records office will have "public" records of all closings. Getting that information out of them can be hard though. Nope, it is actually easy. Go to www.maricopa.gov click on recorded documents, search for deed of trust, that is the legal note that moves property... set your beginning date and end date, and viola! click on the 1000 or 500 or 250 per page to make your counting easier. The data will be current up to a couple weeks ago, so search mid march to mid april to get a 30 day count...

39. FunTime Follow Befriend (3) 38 threads 801 comments San Francisco, CA

    99   12:00pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   xenogear3 says Yet they are using this website to vent. "Money can't buy me love."

40. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    100   12:05pm Thu 3 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   Patrick says To win in America, you don't have to make a good product or tell the truth. You just have to use the laws to prevent competition with you. God Bless America.

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