Call me crazy.. but I'm calling a bottom!
by EastCoastBubbleBoy
on 24 Feb 2012
167 comments, latest 11 years ago
http://money.cnn.com/2012/02/2 Now in some areas prices might still have 5% to 10% to go, but on the average, we're probably more or less at the bottom. Prices may move ...
EastCoastBubbleBoy
United States, joined 2007 Apr 28 Has 2 followers. Is following 0.➕follow (2) 💰tip
threads pinned by EastCoastBubbleBoy
authored 540 comments and 119 threads
EastCoastBubbleBoy's threads
Hurricane Sandy
by EastCoastBubbleBoy on 27 Oct 2012 81 comments, latest 11 years ago
Hopefuly all of us on the East Coast (myself included) are ready for this one. Keep safe y'all.
by EastCoastBubbleBoy on 27 Oct 2012 81 comments, latest 11 years ago
Hopefuly all of us on the East Coast (myself included) are ready for this one. Keep safe y'all.
What's so wrong with communisum?
by EastCoastBubbleBoy on 28 Nov 2011 129 comments, latest 12 years ago
OK - I'm ready to get skewered for even posting this one... A long long time ago (I think i was in High School, perhaps even middle school) I ...
by EastCoastBubbleBoy on 28 Nov 2011 129 comments, latest 12 years ago
OK - I'm ready to get skewered for even posting this one... A long long time ago (I think i was in High School, perhaps even middle school) I ...
The FULL cost of homeownership.
by EastCoastBubbleBoy on 3 Nov 2011 79 comments, latest 11 years ago
Looking at numbers this morning. When you factor in: Mortgage Taxes Insurance Maintenance and Upkeep Heat Electric Water Sewer Landscaping Etc, et As compared to Rent Electric The difference ...
by EastCoastBubbleBoy on 3 Nov 2011 79 comments, latest 11 years ago
Looking at numbers this morning. When you factor in: Mortgage Taxes Insurance Maintenance and Upkeep Heat Electric Water Sewer Landscaping Etc, et As compared to Rent Electric The difference ...
Is this as good as it gets?
by EastCoastBubbleBoy on 14 Sep 2010 110 comments, latest 12 years ago
OK. Prices may fall another 10% over the next two years (I expect that most areas will have reached their respective bottom by 2012), perhaps even 20% in some ...
by EastCoastBubbleBoy on 14 Sep 2010 110 comments, latest 12 years ago
OK. Prices may fall another 10% over the next two years (I expect that most areas will have reached their respective bottom by 2012), perhaps even 20% in some ...
Presiden't Comments on Martin Case
by EastCoastBubbleBoy on 20 Jul 2013 124 comments, latest 11 years ago
http://www.whitehouse.gov/blog I don't know what to make of it. His remarks, the case, the whole deal. Personally, I feel the fact that he was YOUNG, the way he was ...
by EastCoastBubbleBoy on 20 Jul 2013 124 comments, latest 11 years ago
http://www.whitehouse.gov/blog I don't know what to make of it. His remarks, the case, the whole deal. Personally, I feel the fact that he was YOUNG, the way he was ...
First Time Fence Sitters
by EastCoastBubbleBoy on 17 May 2011 89 comments, latest 13 years ago
Some of us would be first time buyers have been waiting for a very long time to buy, and given the uncertainty are still on the fence. How much ...
by EastCoastBubbleBoy on 17 May 2011 89 comments, latest 13 years ago
Some of us would be first time buyers have been waiting for a very long time to buy, and given the uncertainty are still on the fence. How much ...
What if we are hitting bottom?
by EastCoastBubbleBoy on 14 Sep 2009 128 comments, latest 14 years ago
I keep coming back to the idea that maybe the housing market is bottoming out. Granted it depends on where you live, but I'm starting to think that on ...
by EastCoastBubbleBoy on 14 Sep 2009 128 comments, latest 14 years ago
I keep coming back to the idea that maybe the housing market is bottoming out. Granted it depends on where you live, but I'm starting to think that on ...
Does the Patrick.net readership represent "Americans"?
by EastCoastBubbleBoy on 22 Sep 2011 58 comments, latest 13 years ago
Politically yes.. we have people on the far left, people on the far right, people dead center, and everywhere else pretty well covered - so I don't want this ...
by EastCoastBubbleBoy on 22 Sep 2011 58 comments, latest 13 years ago
Politically yes.. we have people on the far left, people on the far right, people dead center, and everywhere else pretty well covered - so I don't want this ...
Realtors
by EastCoastBubbleBoy on 17 Sep 2010 110 comments, latest 13 years ago
There is much venom directed at real estate agents around here. We also have at least a few realtors who post semi-regularly, and I am sure there are some ...
by EastCoastBubbleBoy on 17 Sep 2010 110 comments, latest 13 years ago
There is much venom directed at real estate agents around here. We also have at least a few realtors who post semi-regularly, and I am sure there are some ...
Idea for Patrick
by EastCoastBubbleBoy on 4 Oct 2012 23 comments, latest 12 years ago
Is there anyway you can have the author of a discussion EXCLUDE certain users from posting within it? For example If post a new thread but do not want ...
by EastCoastBubbleBoy on 4 Oct 2012 23 comments, latest 12 years ago
Is there anyway you can have the author of a discussion EXCLUDE certain users from posting within it? For example If post a new thread but do not want ...
why prices have bottomed and will slowly rise
by EastCoastBubbleBoy on 30 Sep 2012 52 comments, latest 12 years ago
1) low interest rates 2) rising rents 3) unemployment, although high, has stabilized. 4) pent up demand 5) manipulation of housing stock. #housing
by EastCoastBubbleBoy on 30 Sep 2012 52 comments, latest 12 years ago
1) low interest rates 2) rising rents 3) unemployment, although high, has stabilized. 4) pent up demand 5) manipulation of housing stock. #housing
Why trading up no longer works...
by EastCoastBubbleBoy on 28 Oct 2009 46 comments, latest a year ago
Crunching numbers while watching the world series. "Hypothetical" Math Question *** Q: Lets say you are are in your late 20's or early 30's. You bought your first house, ...
by EastCoastBubbleBoy on 28 Oct 2009 46 comments, latest a year ago
Crunching numbers while watching the world series. "Hypothetical" Math Question *** Q: Lets say you are are in your late 20's or early 30's. You bought your first house, ...
Are we being too bearish on housing?
by EastCoastBubbleBoy on 18 Jan 2012 31 comments, latest 9 years ago
I'm trying not to fall into the same thinking that drove the housing bubble. Just as prices don't always go up, they don't always go down either. For example, ...
by EastCoastBubbleBoy on 18 Jan 2012 31 comments, latest 9 years ago
I'm trying not to fall into the same thinking that drove the housing bubble. Just as prices don't always go up, they don't always go down either. For example, ...
Cash Flow and Down Payments
by EastCoastBubbleBoy on 2 Jul 2012 38 comments, latest 12 years ago
How much to put down? (I already know what I'm going to do, but it was an interesting exercise.) I found a house for a fair price (not great, ...
by EastCoastBubbleBoy on 2 Jul 2012 38 comments, latest 12 years ago
How much to put down? (I already know what I'm going to do, but it was an interesting exercise.) I found a house for a fair price (not great, ...
Goodnight and Good luck!
by EastCoastBubbleBoy on 23 Sep 2012 41 comments, latest 12 years ago
Where have all the smart people gone? I used to read the forum daily for intelligent discussion and debate. Now, I don’t do that nearly as much – when ...
by EastCoastBubbleBoy on 23 Sep 2012 41 comments, latest 12 years ago
Where have all the smart people gone? I used to read the forum daily for intelligent discussion and debate. Now, I don’t do that nearly as much – when ...
PropertyTaxes
by EastCoastBubbleBoy on 30 Jul 2010 37 comments, latest 13 years ago
The foreclosures in my area are finally starting to drop in price. School taxes are due in the fall so I have noticed more aggressive pricing on the REO ...
by EastCoastBubbleBoy on 30 Jul 2010 37 comments, latest 13 years ago
The foreclosures in my area are finally starting to drop in price. School taxes are due in the fall so I have noticed more aggressive pricing on the REO ...
Is a housing shortage coming?
by EastCoastBubbleBoy on 14 Jun 2010 36 comments, latest 13 years ago
http://money.cnn.com/2010/06/1 From my vantage point (someone who feels that housing is still overpriced in most coastal metro areas) I could shoot more than a few holes in this article. ...
by EastCoastBubbleBoy on 14 Jun 2010 36 comments, latest 13 years ago
http://money.cnn.com/2010/06/1 From my vantage point (someone who feels that housing is still overpriced in most coastal metro areas) I could shoot more than a few holes in this article. ...
Fustration
by EastCoastBubbleBoy on 26 Mar 2010 45 comments, latest 14 years ago
I will never forget what my High School English teacher once said to me. The key to life is knowing the rules of the game. You don't need to ...
by EastCoastBubbleBoy on 26 Mar 2010 45 comments, latest 14 years ago
I will never forget what my High School English teacher once said to me. The key to life is knowing the rules of the game. You don't need to ...
East Coast Bubble Boys's Saga (How he got his first house)
by EastCoastBubbleBoy on 17 Nov 2012 25 comments, latest 11 years ago
Now that its finally come to its conclusion, I can give an overview of the saga as it pertains to my first home purchase. It all started in the ...
by EastCoastBubbleBoy on 17 Nov 2012 25 comments, latest 11 years ago
Now that its finally come to its conclusion, I can give an overview of the saga as it pertains to my first home purchase. It all started in the ...
Tea Party, Occupy Wall Street, and the Usual D vs. R debate
by EastCoastBubbleBoy on 25 Oct 2011 28 comments, latest 13 years ago
For those of you who don't know I'm an engineer. I get paid to solve problems. In my line of work no problem is insurmountable. I want to bring ...
by EastCoastBubbleBoy on 25 Oct 2011 28 comments, latest 13 years ago
For those of you who don't know I'm an engineer. I get paid to solve problems. In my line of work no problem is insurmountable. I want to bring ...
203(k) Loans
by EastCoastBubbleBoy on 23 May 2011 21 comments, latest 13 years ago
In the past month, I've seen far more MLS listings making direct reference to 203(k) loans. Is HUD / Fannie / Freddie pushing these? The banks? Are the realtors ...
by EastCoastBubbleBoy on 23 May 2011 21 comments, latest 13 years ago
In the past month, I've seen far more MLS listings making direct reference to 203(k) loans. Is HUD / Fannie / Freddie pushing these? The banks? Are the realtors ...
Housing Perdictions for 2013?
by EastCoastBubbleBoy on 31 Dec 2012 16 comments, latest 10 years ago
1) Rates will stay low. 30-year fixed will be between 3% and 4% for most of the year. 2) Media will trump a "recovery" - but most of us ...
by EastCoastBubbleBoy on 31 Dec 2012 16 comments, latest 10 years ago
1) Rates will stay low. 30-year fixed will be between 3% and 4% for most of the year. 2) Media will trump a "recovery" - but most of us ...
Update from ECBB
by EastCoastBubbleBoy on 9 May 2013 13 comments, latest 5 years ago
As some of us long timers have started to actually *GASP* enter the ranks of homeownership (or as I call it ... renting from the bank). I thought it ...
by EastCoastBubbleBoy on 9 May 2013 13 comments, latest 5 years ago
As some of us long timers have started to actually *GASP* enter the ranks of homeownership (or as I call it ... renting from the bank). I thought it ...
Rewatching "House of Cards" Special
by EastCoastBubbleBoy on 17 Apr 2011 42 comments, latest 13 years ago
on CNBC (orig. aired in 2009). Reminds me of how we got into this mess in the first place. A few observations 1) Fraud is not part of the ...
by EastCoastBubbleBoy on 17 Apr 2011 42 comments, latest 13 years ago
on CNBC (orig. aired in 2009). Reminds me of how we got into this mess in the first place. A few observations 1) Fraud is not part of the ...
When do wages go up?
by EastCoastBubbleBoy on 11 Sep 2013 17 comments, latest 11 years ago
Thinking about Labor Day (now that its come and gone) and the striking fast food workers. When does the average "middle class" worker get a true raise? Most people ...
by EastCoastBubbleBoy on 11 Sep 2013 17 comments, latest 11 years ago
Thinking about Labor Day (now that its come and gone) and the striking fast food workers. When does the average "middle class" worker get a true raise? Most people ...
Could you live without credit?
by EastCoastBubbleBoy on 21 Sep 2011 23 comments, latest 13 years ago
From article on Boston.com "“There is something cynical about lowering interest rates and then making sure that the people who really need access to credit the most can’t get ...
by EastCoastBubbleBoy on 21 Sep 2011 23 comments, latest 13 years ago
From article on Boston.com "“There is something cynical about lowering interest rates and then making sure that the people who really need access to credit the most can’t get ...
Can I do more?
by EastCoastBubbleBoy on 2 Feb 2014 14 comments, latest 10 years ago
I know what I earn both as an individual, and as a household, relative to my income. I know in many ways I am blessed - for many are ...
by EastCoastBubbleBoy on 2 Feb 2014 14 comments, latest 10 years ago
I know what I earn both as an individual, and as a household, relative to my income. I know in many ways I am blessed - for many are ...
I should have gone into computers....
by EastCoastBubbleBoy on 30 Jun 2015 12 comments, latest 9 years ago
I have an advanced degree in Chemical Engineering. Out of curiosity (given the consistently "good" job numbers I keep hearing about), I've taken a look to see what opportunities ...
by EastCoastBubbleBoy on 30 Jun 2015 12 comments, latest 9 years ago
I have an advanced degree in Chemical Engineering. Out of curiosity (given the consistently "good" job numbers I keep hearing about), I've taken a look to see what opportunities ...
annual xmas wishes
by EastCoastBubbleBoy on 24 Dec 2013 10 comments, latest 8 years ago
Merry christmas to all. No matter what you affilation, may the message of jesus be an inspiration to you, now and throughout the year. Peace. ECBB
by EastCoastBubbleBoy on 24 Dec 2013 10 comments, latest 8 years ago
Merry christmas to all. No matter what you affilation, may the message of jesus be an inspiration to you, now and throughout the year. Peace. ECBB
If it all hits the fan...
by EastCoastBubbleBoy on 29 Aug 2015 8 comments, latest 9 years ago
I've been reading Zerohedge too much lately http://www.zerohedge.com/news/ http://www.zerohedge.com/news/ Now I don't think the bottom will fall out and we'll have unrest in the streets... but the reality is ...
by EastCoastBubbleBoy on 29 Aug 2015 8 comments, latest 9 years ago
I've been reading Zerohedge too much lately http://www.zerohedge.com/news/ http://www.zerohedge.com/news/ Now I don't think the bottom will fall out and we'll have unrest in the streets... but the reality is ...
Return To Balance
by EastCoastBubbleBoy on 20 Nov 2010 30 comments, latest 13 years ago
Thinking about where we have been, where we are now, and where we may be headed, what we are severely lacking, on all sides, is a sense of balance. ...
by EastCoastBubbleBoy on 20 Nov 2010 30 comments, latest 13 years ago
Thinking about where we have been, where we are now, and where we may be headed, what we are severely lacking, on all sides, is a sense of balance. ...
First on Deck - Social Security.
by EastCoastBubbleBoy on 25 Oct 2011 30 comments, latest 13 years ago
I think that there is a way in which Social Security could be responsibly phased out. Rough outline is as follows 1) Lift the cap. Have all wages (not ...
by EastCoastBubbleBoy on 25 Oct 2011 30 comments, latest 13 years ago
I think that there is a way in which Social Security could be responsibly phased out. Rough outline is as follows 1) Lift the cap. Have all wages (not ...
Rolling Stone Article On Goldman Sachs & Bubbles.
by EastCoastBubbleBoy on 10 Jul 2009 12 comments, latest 15 years ago
I can't find the article on their website, but the basic synopsis was how Goldman created (and cashed in on) the internet bubble, the housing bubble, the oil bubble, ...
by EastCoastBubbleBoy on 10 Jul 2009 12 comments, latest 15 years ago
I can't find the article on their website, but the basic synopsis was how Goldman created (and cashed in on) the internet bubble, the housing bubble, the oil bubble, ...
conspiracy theory of the day
by EastCoastBubbleBoy on 8 Dec 2011 16 comments, latest 12 years ago
The drone that was taken down over Iran. Theory is that some of the hardware uses in the rover was made in China. China designed it with an unknown ...
by EastCoastBubbleBoy on 8 Dec 2011 16 comments, latest 12 years ago
The drone that was taken down over Iran. Theory is that some of the hardware uses in the rover was made in China. China designed it with an unknown ...
What homes rent for
by EastCoastBubbleBoy on 20 May 2012 9 comments, latest 12 years ago
Seems to me that the "what a home would rent for" is a tough metric to get a good handle on. My personal experience is that many homes (not ...
by EastCoastBubbleBoy on 20 May 2012 9 comments, latest 12 years ago
Seems to me that the "what a home would rent for" is a tough metric to get a good handle on. My personal experience is that many homes (not ...
Random Musings from ECBB
by EastCoastBubbleBoy on 5 Mar 2013 14 comments, latest 11 years ago
In case anyone cares… I haven’t written much, but have been lurking. So on a rare day off I sit here on my new back porch (see photo below) ...
by EastCoastBubbleBoy on 5 Mar 2013 14 comments, latest 11 years ago
In case anyone cares… I haven’t written much, but have been lurking. So on a rare day off I sit here on my new back porch (see photo below) ...
Ingore the Trolls!
by EastCoastBubbleBoy on 31 May 2012 11 comments, latest 12 years ago
Slightly Off topic - but I'm posting in housing anyway. I think we (the readers who come here for content and well rationed arguments) need to do our best ...
by EastCoastBubbleBoy on 31 May 2012 11 comments, latest 12 years ago
Slightly Off topic - but I'm posting in housing anyway. I think we (the readers who come here for content and well rationed arguments) need to do our best ...
Is homeownership really a hedge agains inflation?
by EastCoastBubbleBoy on 23 May 2009 18 comments, latest 15 years ago
So there I am cranking some "rent vs. buy" numbers and I got to thinking. Historically a house is supposed to be a hedge against inflation. Certainly, future inflation ...
by EastCoastBubbleBoy on 23 May 2009 18 comments, latest 15 years ago
So there I am cranking some "rent vs. buy" numbers and I got to thinking. Historically a house is supposed to be a hedge against inflation. Certainly, future inflation ...
Happy Easter
by EastCoastBubbleBoy on 24 Apr 2011 34 comments, latest a year ago
May those of you who follow him, keep him close to your hearts on this day!
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by EastCoastBubbleBoy on 24 Apr 2011 34 comments, latest a year ago
May those of you who follow him, keep him close to your hearts on this day!
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