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Dr.Doom has good news!!

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Shiller thinks we are rebounding.

Now Dr.Doom is seeing yellow weeds!

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July 02 - San Francisco

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Roberto Ribas, "azrob"
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Roberto Ribas, "azrob"

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Shiller observes the data, and doesn't generally predict. In many areas, price drops have slowed, in some, prices have come back up a bit.

It is spring, when we always have the most buyers. We have an 8K incentive for first time buyers. We had moratoriums on foreclosures by most sources for several months, so honestly, I'd expect the markets to look better for those reasons.

Now, the moratoriums are over. Foreclosures are heading for records again. Spring will turn into late summer and fall...

A trend, my friend, is not made in a couple of months, most bear markets have bear market rallys. The black friday stock crash, the market rebounded 50% over the next several months. Then it headed for the floor. Ditto the tech stock crash...

Lets see in a year what turns out.

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July 02

nvchaz
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"Now, the moratoriums are over."
Sorry, aznabob, wrong about that -- some are just starting.

"Shiller observes the data, and doesn't generally predict."
True, but his data is used by countless others for predictions far and wide... just ask the Splooge and his ilk.

"It is spring, when we always have the most buyers."
The auto market has a seasonal cycle -- very busted. Can economic exegencies bust a cycle? I think yes.

By the way, long-term, I think you are right but for very foolish head-in-the-sand reasons. If you are a player in Phoenix, as you state you are, you have left some good cards on the table while mouthing off on Zillow.

It would be really great to have you silent for about six months and then return to Zillow with tales of great real estate conquests. Instead, we have the lame, emasculated pessimism of a crippled and defeated former "ubermensch".

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Roberto Ribas, "azrob"
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You are a loud mouth but broke piece of trash nvchaz... It be nice for you to have more brains, and not be such a jerk too, but I guess neither one of us will get what we want...

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July 02

nvchaz
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Sorry aznabob,

I really like you and I like even more pulling your chain.

You are one of the smartest guys on this board and surely you can tolerate the postings of one of the most dumbest.

Cheers

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July 02

Roberto Ribas, "azrob"
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congrats on your home... You know me I can give it as well as I get it, but I never really take anything seriously...

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July 02

nvchaz
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aznabob,

You are a cool dude... and I for one and many others like reading your posts.

Now if you would just get off your a$$ and get on the street and clean up in Phoenix (I know you can!)

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July 02

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