- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Replies (14)
- SoCal_Engr
- Contributions:5666
Interesting....don't know why this popped up on the thread list, but it sure sounds interesting.
- Dan, "the_country_hick"
- Contributions:4699
I came to the party late. I was not posting in 2007 (when this was posted) about not buying now. However, prices have fallen around 1/3 since that date to now. We still have a lot more drop to come.
I wish I knew who posted this originally. It would be interesting to see if they now realize that those who bought in 2007 did commit financial suicide and those who waited to buy until much much later would have saved a lot of money.
I found out in the past few months that a buddy of mine bought at the very top of the market. Just one month later prices were falling. I am sure he wishes someone had told him how houses were overpriced and waiting to buy was the best idea to follow.
P.S. If there was a separate board here we should have a separate board for those who say "buy now prices are low and interest rates are low (etc.)" so that buyers do not get mislead.
I wish I knew who posted this originally. It would be interesting to see if they now realize that those who bought in 2007 did commit financial suicide and those who waited to buy until much much later would have saved a lot of money.
I found out in the past few months that a buddy of mine bought at the very top of the market. Just one month later prices were falling. I am sure he wishes someone had told him how houses were overpriced and waiting to buy was the best idea to follow.
P.S. If there was a separate board here we should have a separate board for those who say "buy now prices are low and interest rates are low (etc.)" so that buyers do not get mislead.
- hpvanc
- Contributions:2579
It would be easier to give the cheerleaders their own forum instead. Oh wait they already have several, since the original poster profile has been removed, I can only hope they moved on to Trulia and are happily discussing the phenomenal improvement in real estate prices since they bottomed in their local market way back in 2006.
- Dunes....
- Contributions:3894
I didn't know Lawrence Yun use to be a Member...
- Pasadenan
- Contributions:21466
Well, I did flag it as soon as I noticed that it some how accidentally got sticky status, so that they could remove that status so that it would disappear from the first page... but apparently it must be more complicated than that since the posting account already was deleted.
Of course, the only kind of "board" that I think of when I read the title and the post is similar to the paddle teachers and principals used to use to keep misbehaving student in line. So, "bashers" should have their own "boards" to "bash" market manipulators and liars with? Maybe something like Bam Bam on the Flintstones?
Of course, the only kind of "board" that I think of when I read the title and the post is similar to the paddle teachers and principals used to use to keep misbehaving student in line. So, "bashers" should have their own "boards" to "bash" market manipulators and liars with? Maybe something like Bam Bam on the Flintstones?
- Pasadenan
- Contributions:21466
Well, the sticky status of this thread was removed for a while, but the sticky status it back again.... What's happening?
- Andrew_P
- Contributions:9
Ah, the benefits of 20-20 hindsight! Perhaps the "prophets of Doom and Gloom" who were posting dire warnings should be called "realists" instead. Four years later the original post looks so naÏve! The "Doom and Gloom" arrived three years ago and it's still getting gloomier for many property owners, both residential and commercial, as I write this.
- sunnyview
- Contributions:25139
I like the term "realist". With the benefit of hindsight is it pretty clear who was right and who wasn't.
- Michael Helton
- Contributions:456
This should be framed.
- wetdawgs
- Contributions:26841
Calligraphic version with gold highlights on vellum for a mere $19.95 plus delivery on E-bay.
- hpvanc
- Contributions:2579
It is a classic. I would also like to point out that the bank run occurred in 1933 not in the 1920's, apparently the OP was not good with facts.
- Joan Braunschweiger, "Morris County NJ"
- Contributions:1543
Hmmmm......how about a separate board for the Buy Now!, REAs are Professionals up there with doctors and lawyers ya know, You get what you pay for, CALL ME!!!! crowd.
Oh yeah, they already have one. Its called Trulia.
Oh yeah, they already have one. Its called Trulia.
- sunnyview
- Contributions:25139
lol Happy Monday Joan!
Separate Board for Bashers
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.