patrick.net
An Antidote to Corporate Media
1,202,239 comments by 14,262 users - AmericanKulak, Blue, just_passing_through, Patrick, PeopleUnited, RC2006, tomtomtom online now
invite response« First « Previous Comments 232 - 241 of 241 Search these comments
Malcolm
2007 May 19, 3:42pm
DairyQueen, I don't know what planet you're on but my house has easily lost 10% of its value over more than the last 12 months. At its peak it was worth $450K, it is barely worth $400K now. I own it outright so I'm not exactly losing sleep over it, but your ridicule is very very misplaced.
Malcolm
2007 May 19, 4:13pm
1986 construction single level, 3 bed, 2 ba 2 car garage. Pretty small back yard, nice open front yard. For privacy reasons I won't give the exact address out.
Malcolm
2007 May 19, 4:16pm
Well, it more than doubled in 5 years and wasn't even my best performing one just my favorite for living in.
Peter P
2007 May 20, 1:40am
San Marcos???? Donde esta San Marcos? How long a drive is that from SF???
Greenwich, CT??? How long a drive is that from SF???
DAiryQUeen Says:
will you guys admit you’re wrong?
Only if you admit that you don't understand statistics.
SP
Malcolm
2007 May 20, 4:24am
I'm in San Diego. While San Francisco is fun to visit, I'll stay here.
So what tier 1 area do you live in to have such an atitude?
Malcolm
2007 May 20, 4:29am
Last I check SF was but one area in California. Check DQs numbers for San Diego and you will see year over year decline, and we have all time record foreclosures. At a recent auction houses sold for 30-50% below peak values.
You sound like a really naive poster WealthyWoman who upon closer inspection of making the same claim was painfully shown that the 850K house in SF that she was being 'outbid' on was actually a $995K house 2 years ago.
~attitude
Malcolm
2007 May 20, 9:49am
OK, since SF is out of my comfort zone I'll retreat on this one.
Saying San Diego doesn't have a significant economy seems a little bold to me, but we both share the same outlook for housing here so why argue the details.
DAiryQUeen Says:
SP - Prices are up much more than the 6.6% median claims. Prices in SF are up closer to 8-10% in the past 12 months.
Okay, FairyQueen, put it up. Post a few examples of same house sales that show this trend. Don't fuck about with medians. Show me specific properties.
Or else, go back to waving statistics that will convince only someone who is a bigger fool than yourself.
SP
« First « Previous Comments 232 - 241 of 241 Search these comments
A Farewell to (option-)ARMs
David Lereah has officially vacated his post as chief
shill,propagandist, economist for the NAR. Needless to say, we're really going to miss him here at Patrick.net. Over the many months we have been following him, we have come torevile,detest,loathe, appreciate him as a reliablebald-faced liar,shameless industry whore, source of real estate market information, as well as the public face of the NAR.David will most likely be replaced by well known NAR
lackey,toady,devil spawn, senior economist Lawrence Yun, as he moves on to pursue other interests. He reportedly left his post at the NAR due tobeing universally reviled,having zero credibility,the repeated death threats, wanting more time to spend with his family and to accept a new position as Chairman of Move, Inc.So long, David! We all wish you the best!
HARM & the gang
#housing