patrick.net

More like price shiller or bid shiller. You know... like an eBay listing bid up by the sellers.

I agree with you in that it's time to buy.
I just think the whole discussion of housing is a beaten horse at this point.
People tend to fight the last war per say.. JMHO

But that said it is a housing CRASH forum so I'm just pissin in the wind here :)

LOL
I might be a nut but you guys are plain silly :)

Are you serious? I've have 4 Dominicers and a 2 bantams and 1 leghorn named Joey Cusack ..it's a hen. The leghorn eggs are my favorite by far :)

Though I think Chicken coops are still WAY overpriced :)

Yea, They're giving you eggs now but what's stopping them from just not laying .

Finally an interesting thread...

LOL !!! How bout it :)

Wish I had some chickens, but any photos I post would be faked. Hey! Chickens are little dinosaurs, you know.

Thought about getting some chickens recently......are they high maintenance as far as food, or do you just let them roam around the yard eating insects, etc? Do they get sick alot? Just curious. Even if they do cost a little in food and medicine at least you get fresh eggs!

If I had a real yard I'd have a few chickens (bay area RE content). I'd like my kids to have the experience of taking care of them and understanding where eggs come from. In general they don't usually net out $-wise but you get the satisfaction of knowing where your eggs come from and how the birds are raised/fed.
My inlaws have a few and found they love to roam the yard eating bugs, but they deposit fertilizer all over the yard which is not really desirable.
I'm a mostly vegetarian but I volunteered to slaughter one/some of their birds this fall because they can't bring themselves to and I'd hate to see them go to waste and not close the circle.

All this is saying is that non-foreclosure home prices are falling. Shouldnt be a big suprise considering the rise over the past 10-12 years was not sustainable. I saw people who paid in cash only to sell at a loss. Think back when people rushed out to buy homes in 1999-2001, using stock options forgetting they had AMT liability. Had to sell for a loss to pay for the additional AMT tax. Today, the same remaining sellers cant find the buyers with equal luck, awash with IPO winnings to pay for the overpriced 2000 home purchase. No suprise here.

San Francisco prices fell 1.2 percent while New York gained 0.8 percent in May, Morgan Stanley said in a report, which looked at homes that weren't in foreclosure or involved in a short sale, in which a buyer pays less than the amount owed on the mortgage and the bank agrees to take a loss
Read more: http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2010/08/07/BUP31EPRL8.DTL&source=patrick.net#ixzz0w9A7dMMR

Thomas, every day we ship some of our wealth to India, China and the "overseas Chinese countries" like Taiwan, etc. Some of it trickles back here, funneled into The Fortress and probably similar enclaves in the other large cities on the west coast including maybe British Columbia.

Hardly surprising prices are still going up here.