Gohabsgo_IHB
New member
I'm mad at everybody, well not really, but I'm really sad that I am not currently looking into buying a home right now. All I know is what I will be able to buy in 2009 or 2010. Realisticaly, I know I won't wait any longer unless I expect prices to keep dropping substancially (more than 5%).
I'm mad at everybody who caused this. Mostly lenders and realtors. I can't understand why realtors are so often uneducated, but yet they help people make the biggest financial decision of their life! Unbelievable, they are worse than car salesman. I am also mad at realtors that are still trying to sell homes at $400+/sq.ft. Wake up people! There's nothing above $350 that should sell, and lower end shouldn't sell above $300. Home sales dropped 50% so what...why didn't they drop 100%...okay, that's too much, maybe 80%. Who is still buying? Why are people still think they will miss the opportunity of their life if they don't buy now?
I'm mad at lenders too. They caused the financial crisis we are in right now. Not only lenders but the whole financial industry. What happened to your 401(k)? Yeah, even if you didn't own a home, it impacts you. I'm sad also for all the good people who really didn't know what was going on and lost everything they had because of this downturn. I'm not sad for those who took bad guess, but for those who really couldn't see that coming. Some people really tried to do what was best for their family and because of the timing they will loose just about everything they ever had...so sad.
At least, reading this blog and seeing that more and more people start to understand and are on the sideline makes me smile. Everyday I realize that for the same money I get in a nicer area, better location, more yard, more updgrades, and more square footage than before. Who knows I might not even buy in Irvine after all, if I can get a Newport Coast home for $350/sq. ft.! Not really, after all, I only want a nice starter home instead of living in my apartment.
I'm mad at everybody who caused this. Mostly lenders and realtors. I can't understand why realtors are so often uneducated, but yet they help people make the biggest financial decision of their life! Unbelievable, they are worse than car salesman. I am also mad at realtors that are still trying to sell homes at $400+/sq.ft. Wake up people! There's nothing above $350 that should sell, and lower end shouldn't sell above $300. Home sales dropped 50% so what...why didn't they drop 100%...okay, that's too much, maybe 80%. Who is still buying? Why are people still think they will miss the opportunity of their life if they don't buy now?
I'm mad at lenders too. They caused the financial crisis we are in right now. Not only lenders but the whole financial industry. What happened to your 401(k)? Yeah, even if you didn't own a home, it impacts you. I'm sad also for all the good people who really didn't know what was going on and lost everything they had because of this downturn. I'm not sad for those who took bad guess, but for those who really couldn't see that coming. Some people really tried to do what was best for their family and because of the timing they will loose just about everything they ever had...so sad.
At least, reading this blog and seeing that more and more people start to understand and are on the sideline makes me smile. Everyday I realize that for the same money I get in a nicer area, better location, more yard, more updgrades, and more square footage than before. Who knows I might not even buy in Irvine after all, if I can get a Newport Coast home for $350/sq. ft.! Not really, after all, I only want a nice starter home instead of living in my apartment.
