How Long Do You Think It Will Be?

[George Hatch]

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I'm curious what rah-rah investment site you're getting your indoctrination from.

 

[Joe Flacco]

I'm curious what rah-rah investment site you're getting your indoctrination from.

haha. I spend a lot of time looking at charts.

 

[Joe Flacco]

 

[Joe Flacco]

Magic of compounding my friend.

 

[Randolph Kinney]

Definition of shortage is when demand is greater than supply.

No Joe, that is called an imbalance. In a supply-demand relationship, price becomes the discriminator and allocator to balance supply / demand.

Active markets are always shifting shifting supply.

 

[Randolph Kinney]

You are thinking way too much into it.

Mathematics speaks for itself with the data, It is not an opinion. Your charts with arrows are cute but do not show what you claim. There is always a supply present. Supply goes up, it goes down. Active market.

 

[Randolph Kinney]

Looking at Trulia for zip code 92009, they show 25 homes that are distressed listings (short sale, foreclosure, auction, bank owned) out of 166 listings. That statistic represents 15% of listings are distressed. A shortage of listings? Why are there so many distressed listings?

344 homes sold in the last 9 months.

 

[Terrel L. Shields]

The event that triggers a change in the irrational thinkers' attitudes doesn't have to make sense, an

Kindleberger would say a crash needs a trigger, like World com or Enron to the dotcom bubble or Leaman Bro. was to the Great Recession.

 

[Joe Flacco]

Mathematics speaks for itself with the data, It is not an opinion. Your charts with arrows are cute but do not show what you claim. There is always a supply present. Supply goes up, it goes down. Active market.

LOL mathematics does show what I claim. Eight straight quarters of yoy price increase after being stable in 2014 and 2015. This is not a opinion. It is fact. The arrows do show exactly what I claim and what the data says. Supply went up and price stabilized. If it went even higher then yeah, price probably goes down but it did not do that. It is now lower than 2013.

 

[Joe Flacco]

Looking at Trulia for zip code 92009, they show 25 homes that are distressed listings (short sale, foreclosure, auction, bank owned) out of 166 listings. That statistic represents 15% of listings are distressed. A shortage of listings? Why are there so many distressed listings?

344 homes sold in the last 9 months.

Based on what I know about places that are like that in my area, that is a area still working off the excess from 2007. Prices are probably not back to highs there. Why are you using Trulia anyways. Why don't you talk about data from your market.