Where the market is - Buyer Offers

[zubs]

When the government that controls the interest rates are already borrowing like crazy to fund their programs, how will interest rates ever go up?
I guess if inflation gets crazy Jerome will have no choice?

How crazy does inflation have to get?
I increased my prices to customers 9% back in APR.
I am going to increase my prices again 18% for 4th QTR.


Everyone's stocking Christmas now, so ocean freight is getting shittier.



Whole Brisket @ Costco is currently $5.99/LB

 

[eyephone]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

 

[sleepy5136]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn?t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn?t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building ?affordable? homes is almost impossible.

 

[eyephone]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn?t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn?t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building ?affordable? homes is almost impossible.

The trump farm money was an executive order.

 

[sleepy5136]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn?t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn?t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building ?affordable? homes is almost impossible.

The trump farm money was an executive order.

I was specifically mentioning PPP. I can't recall how much was given to the farmers, but let's just say that a ton of money was pushed into the economy for "stimulus" purposes and majority of it was passed via Congress...

 

[someguy]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn?t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn?t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building ?affordable? homes is almost impossible.

The trump farm money was an executive order.

TDS.  I hope you get the help you need someday.

 

[usctrojancpa]

When the government that controls the interest rates are already borrowing like crazy to fund their programs, how will interest rates ever go up?
I guess if inflation gets crazy Jerome will have no choice?

How crazy does inflation have to get?
I increased my prices to customers 9% back in APR.
I am going to increase my prices again 18% for 4th QTR.


Everyone's stocking Christmas now, so ocean freight is getting shittier.



Whole Brisket @ Costco is currently $5.99/LB

What do you sell Zubs?

 

[zubs]

Construction anchors

 

[usctrojancpa]

Construction anchors

Cool, my dad used to use those all the time when he worked in the construction field.

 

[eyephone]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn?t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn?t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building ?affordable? homes is almost impossible.

The trump farm money was an executive order.

TDS.  I hope you get the help you need someday.

Really? The Republicans have different stances on the vaccine. Dont get it, get it. Some people even say that is fake that Donald Trump got vaccinated. To top it off they brought Arizona data to a lab in Montana not disclosed to recount? The things that they are doing are real questionable.

 

[eyephone]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn%u2019t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn%u2019t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building %u201Caffordable%u201D homes is almost impossible.

The trump farm money was an executive order.

I was specifically mentioning PPP. I can't recall how much was given to the farmers, but let's just say that a ton of money was pushed into the economy for "stimulus" purposes and majority of it was passed via Congress...

The biggest scam of our life time. Both programs are scams. I am the only one on talkirvine that brought it up.

 

[eyephone]

Just remember I am the only that brought up landlords getting scammed of rent payments. People made fun of me. (But honestly do I really care?) Until one day one member on TI made a post that he wasnt receiving rent payments.

Remember buying a house is not like buying stocks. It is really easy to dump and sell a stock. (Even though I hear stories putting the wrong strike price amount. But that is a user error. Lol) So make sure you make a wise decision. (Not financial advice)

 

[eyephone]

I am all in favor helping people out. But how long would free rent be? What if covid never goes away? So free rent for a lifetime?

 

[irvinebullhousing]

I am all in favor helping people out. But how long would free rent be? What if covid never goes away? So free rent for a lifetime?

Agree. A lot of renters in B and C class are spending money on non essential items and skipped the rent since they got the OK to do so. I owned and operate in A class rental Irvine, the tenants are in a different class. Responsible, take care of property like their own. Haven?t miss any payments, because they are owners themselves in different locations.

We can?t import lands from other countries to the US, but we can imports goods and services from any where in the world to the US. Land is the most valuable resources we have here.

 

[sleepy5136]

Trump didnt fund programs? You could of sold nothing at the farm and could of made bank. Get reimburse for loss income due to the trade war that he created. But wait how do they know how much income they lost because demand changes constantly. (PeepeLaugh)
PPP loan was not a loan. It was basically a grant aka free money. The taxpayers paid business to stay open. We got royally screwed and shafted. No one talks about except me. No one does. Either they dont get it or dont understand. Mean while people are struggling to survive.

Who created the policies doesn%u2019t really matter since it does have to go through Congress for anything to be in effect. If there is something to be worried about it would be housing affordability and homelessness growing. People that couldn%u2019t afford one now can almost forget about getting one now. Income inequality is higher than ever now. Who knows what will happen in the near future but I would be surprised if the housing market got a correction which I would argue is needed. And with the strict building codes in California, building %u201Caffordable%u201D homes is almost impossible.

The trump farm money was an executive order.

I was specifically mentioning PPP. I can't recall how much was given to the farmers, but let's just say that a ton of money was pushed into the economy for "stimulus" purposes and majority of it was passed via Congress...

The biggest scam of our life time. Both programs are scams. I am the only one on talkirvine that brought it up.

I don't know if PPP was necessarily a scam. It was targeted for small businesses and unfortunately bigger ones took advantage of the initial funds. Shame on those businesses. But for mom and pop stores that would have closed down if it wasn't for PPP, I'm ok with those businesses using that money to keep them alive through the pandemic. I personally enjoy supporting small businesses and I would hate for them to have to close down due to something out of their control.

 

[usctrojancpa]

Submitted an offer of $1.6m for this home, no counters sent and just went into escrow so no dice for my buyer.
https://www.redfin.com/CA/Irvine/72-Melville-92620/home/58556348

 

[Irvinehomeseeker]

wow, market is still red hot in Irvine. Your buyer made 100K offer over listing and yet no counter....may be went for above 1.6 M.  Crazy prices!

That house seemed to be underpriced for today's market at 1.5M considering stonegate location and so close to the Jeffrey Open space trail. Bidding war prompted such high price?

 

[usctrojancpa]

wow, market is still red hot in Irvine. Your buyer made 100K offer over listing and yet no counter....may be went for above 1.6 M.  Crazy prices!

Either above $1.6m or an all cash offer around $1.6m.  I tell my buyers, go straight to the max right off the bat because there's no guarantees that we'll get a counter.

 

[Irvinehomeseeker]

Do you think that the house was underpriced for today's market at 1.5M considering Stonegate location and so close to the Jeffrey Open space trail?

 

[usctrojancpa]

Do you think that the house was underpriced for today's market at 1.5M considering Stonegate location and so close to the Jeffrey Open space trail?

It sure was because 2,500sf homes in that tract have sold for $1.5m or around $600/sf hence our offer straight to $1.6m.