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Couple of their floorplans are like the one I just sold. The right person LOVES it but most people in this area won't buy it. They probably should do what Cal Atlantic did and dump those and make them another floor plan.

In 1980, one of the banks came out and lowered mortgages bigly because no one was buying houses. (I think it was home bank to 11%, but don't quote me on that). We knew what we would buy if rates came down so we hightailed it to the builder. They were 13% by the time we locked in. It was a...

Sold all the puts I bought yesterday lots of stocks weren't really dropping and vix was going up so my premiums were rising. Could go lower or we could get some kind of relief rally. Never went broke taking a profit.

And lets not forget groceries and gas is lower here. But u probably figured that in I bet. To get the houses I bought down that magical 35% they would be selling at where they were in October 2020. And Legacy would only go down 10%. But aren't u saying the OC is going to drop even more? Then...

And btw......... on nextdoor what did I ever hear? Homeless, crime, we need gates 24/7, what is that police helicopter overhead for, blah blah blah. And now? Anyone seen my cat? When is the costco opening? Any idea when the construction will be done? Do not for one second yap on about this and...

No LL you are flat our WRONG. The floorplan I had was HATED. HATED so much that the builder could not sell it. They in fact had trouble selling the entire Legacy community (not Irvine, high property taxes). This floorplan was selling for 1.3 million and one day they lowered the price of three...

I REGRET SELLING my purchases. I REGRET NOT BUYING the model because now I have to put in a pool after escrow. Where do u get REGRET buying? And I edited my comment because I thought of more ways you are probably a cheapskate and rather than write more posts, I combined it into one.

Messing with us again. LOL! LL looks at short term and losses on paper, negating that you must live SOMEWHERE. What about going on vacation? That leaves u with pix and memories. Lots of money gone. What about buying a car? Does LL buy some beater car because it's cheaper or a decent car that...

I have some regrets. I wish I had NEVER sold a single property I have owned because in the long term they are worth much more than what I paid. Except the last sale. I have no regrets selling that. The new owners will have a problem selling it for more than what they paid but it's because of...

Because rents were way too low and they have gone up alot. But YOU said I should have rented. I knew that was a very bad idea. Lets see. Lock in a high rent for a year or more till my house is built. Move into an old place with old A/C which will cost me at least double what I pay with my new...

I have a regret. I should have bought the model. Then I wouldn't have to get a pool installed after escrow. I have another regret. I probably could have gotten more from my legacy sale but in the end, the people who bought my place will be paying $33K in property taxes and won't be able to...

Exactly. The government will always be there to bail you out. How much more debt is the US going to take on with higher and higher servicing costs? I don't know. I HATE debt. I know I could have made a lot leveraging my house, buying rentals, etc. But no debt (cars, house, school etc) means no...

I think they have big fees when they buy something. (more than if you just went to a regular agent and then there is the commish they makes selling). Still losing on every property and having carrying costs seems to be not such a good thing. LOL! At least in AZ their carrying costs are MUCH...

You are short goog? Good chance it closes at $100 with it being options exp day.

There is the problem. If they cut, then you will see buying again and once again they will be in the same situation we were in back in the 70's. It took THREE recessions and over a decade to get things under control. Then of course they cut from that mega rate they had and that led to the stock...

Someone could buy them out I guess for the properties they own. Interesting that redfin is the agent selling some of their properties. This is what they own in JUST maricopa county: https://mcassessor.maricopa.gov/mcs/?q=opendoor I just don't understand why they didn't learn from zillow. They...

I don't believe a 7% mortgage is enough to get people not to buy where I am. As long as there is not excessive other payments, a couple earning $100K (between both of them which is not that difficult here) can qualify for a 2000 sq foot new 4 bedroom single story home in a nice neighborhood...

In the 70's the government laid off a lot of people and cut spending. They cut space programs, aerospace and lots of social programs. If the government is serious about cutting inflation it's time THEY cut spending and laid off people. Have we heard of one single person being cut in the...

Obviously I am not USC but houses will be back to where they were in January soon enough. Some areas already are. Oil is back to January levels. In fact back to where it was in October 2021 (prices went down and then back up between Oct 21 and Jan 22. Come January, what inflation is there in...

Someone in the neighborhood refinished a china cabinet, kept the buffet, put a base on the upper portion and sold that. It looked awesome so I joined some facebook groups to see how to do that (my daughter has some old furniture their neighbor left them when he moved recently). The groups are...