"Lord, what fools these mortals be!"
You can contact her here if you'd like to fill her in on our little HP secret... Thanks to a HP reader for this lead. Oh, how I'll miss these guys when they're gone...
Short & Sweet: NO BUBBLE!
Inventory is low, demand high and the OC economy is great. We expect a minimum appreciation of 15% for 2006.
Buy-Buy-Buy!!!
Almost any investment is a good one!
Call me and I'll send you listings of great investments that fit your specific search criteria. Orange County is well-educated and a well organized metropolitan county. With several universities and many high-tech businesses, it is a key player in the California economy. Many of the elementary and secondary schools score among the highest in the state. When you shop for homes in Orange County, you'll find a little of the old, and an awful lot of the new.
Visit my website at www.OChomesDirect.com to explore the various neighborhoods throughout Orange County. For more information or a home tour of O.C. please contact me: 949 294-4447.
February 15, 2006
OC Realtor in the throes of denial - "BUY! BUY! BUY!" she says
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11 comments:
Cute for sure but her comments are criminal.
I hope that when this all implodes the SEC regulates realtors. I suspect there will be a securities-type test to become a realtor and any empty promises will now be criminal (15% minimum price appreciation). As a financial advisor it's criminal if I say Toll Bros. would rise at 15% guaranteed a year.
I might refer this to the SEC today and let them get a head start.
Well, well, well, would you look at that. This woman exemplifies the problem with Orange County. It’s all about keeping up with the Jones’ … forget the fact that the entire real estate market in Orange County has nothing to do with fundamentals, and everything to do with how much the bank will loan you. The medium income to medium home price multiple in OC is perhaps the highest of all the large metro areas in the country. New home buyers spend more than 50% of the paychecks servicing mortgage payments. Yet this brainless twit wants us to believe “Almost any investment is a good one” and “We expect a minimum appreciation of 15% for 2006”.
It’s outrageous!
I’m more convinced than ever, these brain dead realtors need to meet the regulations of a registered rep (series 6). They should not be allowed to lure the public into investing money this way.
She should be held accountable if her predictions don’t come true.
boy, i'd take a 15% return on a 20 to 1 leverage (margin) situation. Invest $50,000, buy for $1M and get $150,000 back in 12 months.
heck, sign me up!!! beats the 5% I'll make on that $50,000 (or $2500)
Things too good to be true, alas, are too good to be true
According to the local paper, home prices were down 6% in Orange County for the month of January. So she’s in the hole 21% now … does anyone think she can make it up?
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Wednesday, February 15, 2006
Housing prices slip 6% in January
Orange County's median for all residences sold was $582,000, down sharply from December's record of $621,000, but still up 9% from January 2005. It was slowest January since 1997.
By JONATHAN LANSNER
The Orange County Register
Orange County home prices took a tumble in January, with the median price falling below $600,000 for the first time in eight months.
DataQuick reported today that the median sale price for all residences sold in January was $582,000 – down more than 6 percent from December's record $621,000 but still up 9 percent from January 2005. Sales volume was weak, too, as 2,594 homes sold – down 11 percent in a year. This was the slowest January since 1997.
http://www.ocregister.com/ocregister/homepage/abox/article_1000109.php
Inventory is low?? Maybe there are so many dang agents now that each agent only has fewer properties in their portfolio than previously. That I'd believe.
Jen - you need to report that realtor to the local board. That advice is criminal.
Come on. This is just someone making a living. And shes cute too! Plus, she may be right! OC may go up 15% this year. I understand Silicone Valley is still going up too. I have to respet her, she works!
I just sent Ginger links to this page. I hope she responds.
even better than the last
http://realtytimes.com/rtmcrcond/California~Orange_County~francescaldwell
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