I almost think he's ready for an intervention. Let the healing begin I say...
In regards to the bubble, where's our friend Osman's head these days? And when do you think he'll enter the next stage?
denial
anger
bargaining
depression
acceptance
then, of course, after he loses his job as a REALTOR(TM), this guideline may help:
to accept the reality of the loss
experience the pain of the loss
adjust to the new environment without the lost object
reinvest in the new reality
Osman, friend, we're here to help. Seriously. We're pulling for you buddy. And we can forgive you, and all your REALTOR(TM) and Real Estate Industrial Complex friends. Except for David Lereah of course.
May 07, 2006
HP readers: What stage is Osman in?
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16 comments:
kind of petty keith.......writing a whole article directed at disparaging a reader who disagrees with you?
hardly a fair fight....especially when you can moderate the content
no moderating here - flame away
can't stand the heat get out of the kitchen osman's flaming keith for months, in addition to pumping boulder real estate and his blog.
to answer the question - he's in denial, but treading on anger - like most realtors - oops, I mean REALTORS(TM)
petty by keith, yes. deserved, yes :&)
Osman is probably in the anger stage. He is working his ass off and cannot understand where all the buyers have gone. He probably is thinking how much blogs such as this one have unnecessarily panicked RE buyers.
Well, Osman, help is on the way. We are considering moving back to Colorado to buy some prime mountain RE. After prices drop by %50 or more of course.....It was so much fun playing the last Colorado market crash that we are going to do it again and with lots of cash this time.
Better move on to the aceptance stage, Osman, cuz the crash is coming to see you. Maybe you can become a foreclosure specialist.
HELLO, IS ANYONE THERE?
DOES SOMEONE OUT THERE WANT TO START A FORECLOSURE BLOG?
IT'S TIME.
Osman is in the bargaining stage, Denver is tanking, but Boulder is just fine! Complete nonsense, all homes, everywhere must go back to the same price level as there were in 2001, because there has been no wage increases, just speculation.
It's pretty simple over 70% of people already own homes, there are no buyers left, none, if there were they would have already bought. I mean, California now offers a 50 year mortgage, there are arms, io, neg am, no doc. If you dont own a home you either dont want one or want one 50% off.
Inventories are building, terrible jobs report, I predict by quarter 4 the economy will be heading into recession.
Osman has been gone for a few days. We've been rationally discussing land use policies and the general myth of running out. Don't mistake time off or a difference of opnion for anything else.
Caveat emptor right Osman?
Tom
where did you get that great AA picture?
Hi - my name is osman and I'm a REALTOR....
All together now ....
"Hi Osman!!"
Keith,
It's amazing that with all the interesting things happening in real estate and the economy, you've devoted yet another post to yours truly.
It must strike a nerve that I (politely, I recall) point out your selective quotes, sensationalism, and contradictions. Hmmm..
Well, that's just fine. I invite the criticism and evaluation. Unlike Keith, I'm not anonymous and have nothing to hide. Feel free to peruse my blog, my comments on HP (the one's Keith hasn't deleted), and form your own opinion. The address is http://boulderrealty.blogspot.com or click here.
You'll find my blog isn't sensational because I'm not schlepping for ads or traffic. I don't need to attack Kiyosaki while making money from the adclicks.
Keith, given your response and unwarranted attacks, I can only guess that my earlier hypothesis on your true agenda was accurate. The reality is that you're not a patriotic citizen seeking to help America and his fellow citizens. You're an anonymous expatriot who publishes sensationalism like the tabloids (and makes money the same way). Not the Economist, which you claim to favor, but rather like Howard Stern or the Weekly World News.
And that's fine. It's entertainment, afterall. I'm certainly amused. Keep up the good work. :)
Mr. Smith, whenever you're ready to start your search for Colorado property - feel free drop me a line. You're also welcome to peruse the resources I've put together and check what's on the market on my primary site. I also publish regular market updates on my blog. I think you'll find it's be a good way to keep in touch with our local market.
p.s. A 50% haircut across the board, in my opinion is extremely unlikely, even in Colorado markets where foreclosures are heavy. Perhaps that sort of scenario is possible in parts of the country where builders are discounting previously hot condos, but that's not our local marketplace.
that os sure loves pumping his blog on mine, eh?
Robert Coté,
Thanks for that insight into how Open Space Funding is an externalized cost and can be looked at as a subsidy for developers/overdevelopment. It's an interesting arguement.
By the way, my trip was awesome. Just got back on Thursday night. Moab is an incredible place. I posted photos on my personal blog.
Keith, you ASKED your readers to evaluate me. How do you expect them to do that if you don't post a link?
Thanks foobeca,
I think you're right. Awesome trip - highly recommend it. Just check the weather forecast before you go.
It was my first time to Moab and I hear it's wicked inhospitable during the summer. I looked at doing a little adventuring closer to home here in CO, but most of the fun stuff is at higher elevations and I was ready for some hot/dry.
They've got a century ride in the fall, so perhaps I'll head back this year.
Salud!
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