Author Topic: Get Rich Quick Housing Schemes are over, Bitches! (Read 2371 times)

MrAngryFace · « **on:** August 23, 2006, 01:14:08 PM »

http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/WhenHomeownersAreDesperateToSell.aspx

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Sellers let go dreams of fat profits
Another factor in the stalled market is home sellers' difficulty in letting go of last year's prices. "If you tell someone in San Diego that they will only get 12% (profit) for their property, they look at you like it's a disaster," says San Diego agent Steve Faulkner, of Exit Realty. "They are so conditioned to a 25% increase that they just think that's what they should get."

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Margot Ray, a radio-ad saleswoman in Stockton, Calif., put her five-bedroom, three-bath house on the market in February for $480,000. There it sat, along with about 3,000 other homes for sale. She dropped the price to $465,000 in April. Nada. "We'd have an open house and maybe one or two people would come by. I had an open house where nobody came," Ray says.

Unison · « **Reply #1 on:** August 23, 2006, 02:01:54 PM »

I am about to close on my apartment. I got the seller to drop 80 K off the asking price.

Phoenix Dark · « **Reply #2 on:** August 23, 2006, 02:05:37 PM »

America, fuck yeah!

MrAngryFace · « **Reply #3 on:** August 23, 2006, 02:07:20 PM »

Unison: haha what? lolz

Unison · « **Reply #4 on:** August 23, 2006, 02:09:19 PM »

Quote from: MrAngryFace on August 23, 2006, 02:07:20 PM

Unison: haha what?

True story... I totally lowballed them, and they took me seriously, and we settled a lot lower than I thoguht they'd go. It is a very good deal considering the size (it's 3br) and location.

The only bad part is that it's a 5th floor walk-up.

Still, it rocks, and I love this housing market.

<3333

MrAngryFace · « **Reply #5 on:** August 23, 2006, 02:18:33 PM »

oh its not a rental. Its a place you rented?

I've been an apartment person almost my whole life, I doubt ill ever change.

Christopher · « **Reply #6 on:** August 23, 2006, 02:21:58 PM »

how can you NOT want to live or own your house that should be a high goal in your life no? I'm going to aim to achieve that after I have my wife and 2 kids then I can just fuck off with my life.

MrAngryFace · « **Reply #7 on:** August 23, 2006, 02:24:29 PM »

My goal in life is to be happy, and so far im getting closer every day. You and I are probably very different people.

G The Resurrected · « **Reply #8 on:** August 23, 2006, 02:24:39 PM »

got rid of all my property that i dont plan on living except for two large lots and a some mountain property (future cabin property) all in all i made out like a bandit.

Unison · « **Reply #9 on:** August 23, 2006, 02:25:55 PM »

No, it's an apartment that I am buying. I live in NYC, remember. If I could afford a house in Manhattan, I'd be a super-pimp.

MrAngryFace · « **Reply #10 on:** August 23, 2006, 02:28:51 PM »

Man, im so outta touch with you fancy east coast people. Buying an apartment seems so foreign to me haha.

G The Resurrected · « **Reply #11 on:** August 23, 2006, 02:40:53 PM »

Dont worry maf living on the west coast you can have a backyard and land in which you can put electric fences around. Cant wait till the east coast turns into a war zone.

MrAngryFace · « **Reply #12 on:** August 23, 2006, 02:45:10 PM »

I don't know if I would call the suburbs of seattle a warzone. I mean the yuppies at starbucks can be pretty pushy in the morning, but aside from that..

G The Resurrected · « **Reply #13 on:** August 23, 2006, 02:50:26 PM »

Dude i rode over to starbucks this morning for a frapachino and there were so many people so i just rode my bike through the drive through. Everyone going for the same damn stuff at 7 in the am bitchy people too.

Van Cruncheon · « **Reply #14 on:** August 23, 2006, 03:47:20 PM »

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I can just fuck off with my life.

The stress only gets higher after the wife, kids, and house. None of those things are GOALS -- they are RESPONSIBILITIES you hafta maintain, and how. They aren't bars to pass; they are additional races to run.

Christopher · « **Reply #15 on:** August 23, 2006, 03:49:31 PM »

MrAngryFace · « **Reply #16 on:** August 23, 2006, 03:54:26 PM »

fun can still be had, however. Your concept of fun may change, or it may not. As long as youre having fun the responsibilities seem small.

The Fake Shemp · « **Reply #17 on:** August 23, 2006, 03:55:23 PM »

NO EVERYTHING IS STRESSFUL, DEATH IS IMMINENT. YOU'RE ALMOST DEAD MAF - ALMOST DEAD.

MrAngryFace · « **Reply #18 on:** August 23, 2006, 04:01:08 PM »

precious little time indeed. I must have a pyramid constructed to help me ascend.

Van Cruncheon · « **Reply #19 on:** August 23, 2006, 04:04:54 PM »

Yeah, there's still fun to be had -- don't let me piss all over the parade. I'm just sayin' that one of the inevitable facts of aging is the burgeoning sense of responsibility and the effect it has on the ol' carefree sense.

The Fake Shemp · « **Reply #20 on:** August 23, 2006, 04:07:55 PM »

That's why I am going to become a drifter that lives off the 'ole railroad tracks.

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Author Topic: Get Rich Quick Housing Schemes are over, Bitches! (Read 2371 times)