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Nice pictures ! actually now !
Laguna Beach is sinking under the weight of these irresponsible financial ways.
Check out today’s auction detailed at
www.bluemove.blogspot.com
Not sure if that’s your blog, but if so, thanks for crashing that auction and telling the interesting tale.
These are fantastic, but I have a special place in my heart for the “Get Out of Fail Free” card.
How many logos will end up on the Get Out Of Fail card? Will they all fit by the time the bailouts are over? Only time will tell…
I’m anxiously awaiting the Oct sale numbers (especially for the mid and high end). This post from the Redfin CEO has me very curious.
http://blog.redfin.com/blog/2008/10/a_very_tough_day.html
But the past few weeks have seen a major reversal. As the stock market wiped out prospective down-payments, tours and offers dropped 30%. Transactions that were done came undone. October will still be pretty good, then we’re headed for a big dip.
It makes sense - when many were using their 401k as their down payment - and they saw it get cut in half.. many were not able to catch knives.
On Redfin, you can mark certain properties as favorites. Then you will receive price updates and sale updates. We have been getting a lot of $100k reduction emails.
yup! already doing that. Its a great service. 10-15% cuts on higher end stuff (700+) isnt uncommon. I cant imagine what the people feel when they have to drop THAT much off their price, and yet it sits for weeks even afterwards.
Nice job
During the high times, some guy over here in Ladera Ranch (where I rent Thank Gawd) bought his wife a stripper pole (and lessons and professional mounting of the pole and accessories in one of the many family rooms).
I hear it was all the rage.
Maybe someone could add one of those to one of the great Photoshop photos like above.
My friend had one installed for his ex-gf back when they were together. At one of their parties she was doing the thing where they put their legs over their head and slide down… it didn’t work so well for her.
SLAM!
...and off the the hospital we go.
Maybe that’s one of the reasons people got so stupid so quickly.
LOL.
Re: the AZDavid photochops. Nothing has made me laugh on this site as much as I did when I saw the “SLOD” sign. Pure genius.
SLOD!
The govt. bailout is postponing the drop and letting some getting out from under by transferring the debt to the govt., i.e., tax payers. With the investment bank and commerical bank bailout, the damage is transferred to the govt and 401k, pension plan, and other auto-investment plans.
I love the graphics. Do think it has FINALLY bottomed out in California? Prices have stopped falling in Vegas, at least for now.