Comments on: Absolutely Hilarious! http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/ News & discussion about real estate & the housing bubble in the Seattle area. Sat, 21 Nov 2009 10:02:55 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Ira Sacharoff http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30507 Ira Sacharoff Sun, 18 Nov 2007 06:16:38 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30507 To clarify what was stated earlier, if a real estate agent affiliates with a broker who is a member of the Washington State Realtors, he/she must become a realtor and pay a lot of money. If an agent works for a brokerage that is not a Realtor affiliated brokerage, he/she cannot join the Realtor group..The Realtor group has an additional ethics pledge required of their agents, but if the head of the whole group and their full page ad indicates anything, it's that there are plenty of real estate agents and realtors both to mistrust.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30507','Ira Sacharoff',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30507','Ira Sacharoff','To clarify what was stated earlier, if a real estate agent affiliates with a broker who is a member of the Washington State Realtors, he\/she must become a realtor and pay a lot of money. If an agent works for a brokerage that is not a Realtor affiliated brokerage, he\/she cannot join the Realtor group..The Realtor group has an additional ethics pledge required of their agents, but if the head of the whole group and their full page ad indicates anything, it\'s that there are plenty of real estate agents and realtors both to mistrust.',''); return false;">Quote</a></div> To clarify what was stated earlier, if a real estate agent affiliates with a broker who is a member of the Washington State Realtors, he/she must become a realtor and pay a lot of money. If an agent works for a brokerage that is not a Realtor affiliated brokerage, he/she cannot join the Realtor group..The Realtor group has an additional ethics pledge required of their agents, but if the head of the whole group and their full page ad indicates anything, it’s that there are plenty of real estate agents and realtors both to mistrust.
Reply – Quote
]]> By: christiangustafson http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30500 christiangustafson Sun, 18 Nov 2007 00:24:32 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30500 What happens to an investment adviser who makes promises like this on a stock? If there are any Google employees reading this, could you <i>please</i> get on with the important business of disintermediating RE and driving REALTOR®s into extinction? They will not be missed. The Meatmen, they are missed. But not REALTOR®s.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30500','christiangustafson',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30500','christiangustafson','What happens to an investment adviser who makes promises like this on a stock?\r\n\r\nIf there are any Google employees reading this, could you <i>please<\/i> get on with the important business of disintermediating RE and driving REALTOR®s into extinction? \r\n\r\nThey will not be missed. The Meatmen, they are missed. But not REALTOR®s.',''); return false;">Quote</a></div> What happens to an investment adviser who makes promises like this on a stock?

If there are any Google employees reading this, could you please get on with the important business of disintermediating RE and driving REALTOR®s into extinction?

They will not be missed. The Meatmen, they are missed. But not REALTOR®s.

Reply – Quote
]]> By: Rich http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30454 Rich Sat, 17 Nov 2007 02:35:10 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30454 Yahoo seems to agree: http://promo.realestate.yahoo.com/most_undervalued_real_estate_markets.html What a joke!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30454','Rich',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30454','Rich','Yahoo seems to agree:\r\n\r\nhttp:\/\/promo.realestate.yahoo.com\/most_undervalued_real_estate_markets.html\r\n\r\nWhat a joke!',''); return false;">Quote</a></div> Yahoo seems to agree:

http://promo.realestate.yahoo.com/most_undervalued_real_estate_markets.html

What a joke!

Reply – Quote
]]> By: jeff http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30440 jeff Fri, 16 Nov 2007 23:22:06 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30440 Gee it is so great they have to tell us about it, much like the "puff" piece in the PI on the "strong" condo market. All of the industry seem to want to tell us that things are ggggreat!!! no matter what we may see, in spite of a very low dollar and high oil prices.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30440','jeff',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30440','jeff','Gee it is so great they have to tell us about it, much like the \"puff\" piece in the PI on the \"strong\" condo market. All of the industry seem to want to tell us that things are ggggreat!!! no matter what we may see, in spite of a very low dollar and high oil prices.',''); return false;">Quote</a></div> Gee it is so great they have to tell us about it, much like the “puff” piece in the PI on the “strong” condo market. All of the industry seem to want to tell us that things are ggggreat!!! no matter what we may see, in spite of a very low dollar and high oil prices.
Reply – Quote
]]> By: marinite http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30439 marinite Fri, 16 Nov 2007 22:59:58 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30439 Wow! I had a baby throw-up. But seriously, that ad was really talking about California. How do I know? Because they say exactly the same thing here. We're the special ones, not you.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30439','marinite',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30439','marinite','Wow! I had a baby throw-up.\r\n\r\nBut seriously, that ad was really talking about California. How do I know? Because they say exactly the same thing here. We\'re the special ones, not you.',''); return false;">Quote</a></div> Wow! I had a baby throw-up.

But seriously, that ad was really talking about California. How do I know? Because they say exactly the same thing here. We’re the special ones, not you.

Reply – Quote
]]> By: ken http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30437 ken Fri, 16 Nov 2007 22:52:30 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30437 Seems fishy, that they can claim it will be the best investment you'll ever make.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30437','ken',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30437','ken','Seems fishy, that they can claim it will be the best investment you\'ll ever make.',''); return false;">Quote</a></div> Seems fishy, that they can claim it will be the best investment you’ll ever make.
Reply – Quote
]]> By: Washington, A SPECIAL PLace... http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30409 Washington, A SPECIAL PLace... Fri, 16 Nov 2007 19:34:08 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30409 "Get the facts, call a Realtor" "Bend over, take it in the Seat" "O.K. Honey, I'll drive" Good rythm, huh?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30409','Washington, A SPECIAL PLace...',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30409','Washington, A SPECIAL PLace...','\"Get the facts, call a Realtor\"\r\n\r\n\"Bend over, take it in the Seat\"\r\n\r\n\"O.K. Honey, I\'ll drive\"\r\n\r\nGood rythm, huh?',''); return false;">Quote</a></div> “Get the facts, call a Realtor”

“Bend over, take it in the Seat”

“O.K. Honey, I’ll drive”

Good rythm, huh?

Reply – Quote
]]> By: jon http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30398 jon Fri, 16 Nov 2007 17:52:32 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30398 "However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. " The number of houses sold shown on http://www.estately.com/ has also been much higher the last two days than it has been in the past.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30398','jon',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30398','jon','\"However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. \"\r\n\r\nThe number of houses sold shown on http:\/\/www.estately.com\/ has also been much higher the last two days than it has been in the past.',''); return false;">Quote</a></div> “However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. ”

The number of houses sold shown on http://www.estately.com/ has also been much higher the last two days than it has been in the past.

Reply – Quote
]]> By: redmondjp http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30396 redmondjp Fri, 16 Nov 2007 17:48:23 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30396 A-ha! Yes, this is the very ad that they have been playing on the AM news stations of late. I LOL every time I hear it. I wonder if the person who two years ago bought the $1M house down the street from me that just was foreclosed on would agree that buying a house now is the smartest thing that you can do, hmmm . . . Oh, and they tried to sell it for $1.1M for a few months this spring with no takers.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30396','redmondjp',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30396','redmondjp','A-ha! Yes, this is the very ad that they have been playing on the AM news stations of late. I LOL every time I hear it.\r\n\r\nI wonder if the person who two years ago bought the $1M house down the street from me that just was foreclosed on would agree that buying a house now is the smartest thing that you can do, hmmm . . . Oh, and they tried to sell it for $1.1M for a few months this spring with no takers.',''); return false;">Quote</a></div> A-ha! Yes, this is the very ad that they have been playing on the AM news stations of late. I LOL every time I hear it.

I wonder if the person who two years ago bought the $1M house down the street from me that just was foreclosed on would agree that buying a house now is the smartest thing that you can do, hmmm . . . Oh, and they tried to sell it for $1.1M for a few months this spring with no takers.

Reply – Quote
]]> By: Normandy http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30395 Normandy Fri, 16 Nov 2007 17:33:22 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30395 Could any real estate agent really back this ad? I mean, its ridiculous! It would make them look like complete idiots to back this as a quality response to the ongoing situation. Any decent (I think there are some out there) real estate agent with an IQ to their name has got to be pretty embarrassed.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30395','Normandy',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30395','Normandy','Could any real estate agent really back this ad? I mean, its ridiculous! \r\n\r\nIt would make them look like complete idiots to back this as a quality response to the ongoing situation. Any decent (I think there are some out there) real estate agent with an IQ to their name has got to be pretty embarrassed.',''); return false;">Quote</a></div> Could any real estate agent really back this ad? I mean, its ridiculous!

It would make them look like complete idiots to back this as a quality response to the ongoing situation. Any decent (I think there are some out there) real estate agent with an IQ to their name has got to be pretty embarrassed.

Reply – Quote
]]> By: deejayoh http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30394 deejayoh Fri, 16 Nov 2007 17:21:25 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30394 more like "truthiness" than fact, me thinks. And the truthiness is, we're creating tons of real estate and construction jobs. and those keep our real estate market strong! that's how it works. kind of like a perpetual motion machine. <blockquote><b>Year over Year Gains by Industry - Seasonally Adjusted Oct 2006 to Oct 2007 (Change in 000s)</b> Total Nonfarm 84.9 <i>Construction 15.5</i> Professional and Business Services 15.0 Education and Health Services 9.8 Leisure and Hospitality 8.0 Retail Trade 7.5 Manufacturing 7.3 Government 6.3 Information 4.6 Wholesale Trade 4.3 Transportation, Warehousing and Utilities 3.3 Financial Activities 2.5 Other Services 1.0 Natural Resources and Mining -0.2</blockquote><div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30394','deejayoh',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30394','deejayoh','more like \"truthiness\" than fact, me thinks. And the truthiness is, we\'re creating tons of real estate and construction jobs. and those keep our real estate market strong! that\'s how it works. kind of like a perpetual motion machine.\r\n\r\n<blockquote><b>Year over Year Gains by Industry - Seasonally Adjusted\r\nOct 2006 to Oct 2007 (Change in 000s)<\/b>\r\nTotal Nonfarm 84.9\r\n<i>Construction 15.5<\/i>\r\nProfessional and Business Services 15.0\r\nEducation and Health Services 9.8\r\nLeisure and Hospitality 8.0\r\nRetail Trade 7.5\r\nManufacturing 7.3 \r\nGovernment 6.3\r\nInformation 4.6\r\nWholesale Trade 4.3\r\nTransportation, Warehousing and Utilities 3.3\r\nFinancial Activities 2.5\r\nOther Services 1.0\r\nNatural Resources and Mining -0.2<\/blockquote>',''); return false;">Quote</a></div> more like “truthiness” than fact, me thinks. And the truthiness is, we’re creating tons of real estate and construction jobs. and those keep our real estate market strong! that’s how it works. kind of like a perpetual motion machine.

Year over Year Gains by Industry – Seasonally Adjusted
Oct 2006 to Oct 2007 (Change in 000s)
Total Nonfarm 84.9
Construction 15.5
Professional and Business Services 15.0
Education and Health Services 9.8
Leisure and Hospitality 8.0
Retail Trade 7.5
Manufacturing 7.3
Government 6.3
Information 4.6
Wholesale Trade 4.3
Transportation, Warehousing and Utilities 3.3
Financial Activities 2.5
Other Services 1.0
Natural Resources and Mining -0.2

Reply – Quote
]]> By: the_other_tim_from_lkenmore http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30390 the_other_tim_from_lkenmore Fri, 16 Nov 2007 16:09:49 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30390 I love how on the website, on "get the facts" they have a link to an editorial of all things, which of course, is written by the CEO of the Washington State Realtors. Maybe "fact' is too complicated of a term for these guys. For those still confused, here is what "the google" has to say. http://www.google.com/search?source=ig&hl=en&rlz=&q=define%3A+fact 1. When an observation is confirmed repeatedly and by many independent and competent observers, it can become a fact. 2. A statement that is objectively true and can be verified. 3.An indisputable truth.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30390','the_other_tim_from_lkenmore',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30390','the_other_tim_from_lkenmore','I love how on the website, on \"get the facts\" they have a link to an editorial of all things, which of course, is written by the CEO of the Washington State Realtors.\r\n\r\nMaybe \"fact\' is too complicated of a term for these guys. For those still confused, here is what \"the google\" has to say.\r\n\r\nhttp:\/\/www.google.com\/search?source=ig&hl=en&rlz=&q=define%3A+fact\r\n\r\n\r\n1. When an observation is confirmed repeatedly and by many independent and competent observers, it can become a fact.\r\n2. A statement that is objectively true and can be \r\nverified.\r\n3.An indisputable truth.',''); return false;">Quote</a></div> I love how on the website, on “get the facts” they have a link to an editorial of all things, which of course, is written by the CEO of the Washington State Realtors.

Maybe “fact’ is too complicated of a term for these guys. For those still confused, here is what “the google” has to say.

http://www.google.com/search?source=ig&hl=en&rlz=&q=define%3A+fact

1. When an observation is confirmed repeatedly and by many independent and competent observers, it can become a fact.
2. A statement that is objectively true and can be
verified.
3.An indisputable truth.

Reply – Quote
]]> By: AndySeattle http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30389 AndySeattle Fri, 16 Nov 2007 16:05:34 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30389 Don't you see now? We REALLY are different! I knew it, my mom knew it... Apple knew it! Different is the new black! Different cures cancer. Different unclogged my sink last night! Thanks Different! And Thank YOU Realtors!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30389','AndySeattle',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30389','AndySeattle','Don\'t you see now? We REALLY are different! I knew it, my mom knew it... Apple knew it! Different is the new black! Different cures cancer. Different unclogged my sink last night! Thanks Different! And Thank YOU Realtors!',''); return false;">Quote</a></div> Don’t you see now? We REALLY are different! I knew it, my mom knew it… Apple knew it! Different is the new black! Different cures cancer. Different unclogged my sink last night! Thanks Different! And Thank YOU Realtors!
Reply – Quote
]]> By: Seattle Bubble » Blog Archive » Housing Slump Drags Down State Revenue http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30388 Seattle Bubble » Blog Archive » Housing Slump Drags Down State Revenue Fri, 16 Nov 2007 15:51:29 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30388 [...] to Absolutely Hilarious!: Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30388','Seattle Bubble » Blog Archive » Housing Slump Drags Down State Revenue',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30388','Seattle Bubble » Blog Archive » Housing Slump Drags Down State Revenue','[...] to Absolutely Hilarious!: Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks [...]',''); return false;">Quote</a></div> [...] to Absolutely Hilarious!: Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks [...]
Reply – Quote
]]> By: Grvetti http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30385 Grvetti Fri, 16 Nov 2007 15:42:28 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30385 Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks like we're in the full blown denial phase of our housing boom/bust <b>1 ton (of new jobs) = 2000 lbs</b> average weight of the average individual worker... er... <b>160 lbs</b>??? Therefore <b>2000 lbs/160 lbs = 12.5 new workers!!!</b> weehooo!!! With such technical minds at work at the WAR, how can you not trust them!!!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30385','Grvetti',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30385','Grvetti','Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks like we\'re in the full blown denial phase of our housing boom\/bust\r\n\r\n<b>1 ton (of new jobs) = 2000 lbs<\/b>\r\n\r\naverage weight of the average individual worker... er... <b>160 lbs<\/b>???\r\n\r\nTherefore <b>2000 lbs\/160 lbs = 12.5 new workers!!!<\/b> weehooo!!!\r\n\r\nWith such technical minds at work at the WAR, how can you not trust them!!!',''); return false;">Quote</a></div> Hahahaha!!! Is that for real? Wholly Hell, that was hilarious! Well it looks like we’re in the full blown denial phase of our housing boom/bust

1 ton (of new jobs) = 2000 lbs

average weight of the average individual worker… er… 160 lbs???

Therefore 2000 lbs/160 lbs = 12.5 new workers!!! weehooo!!!

With such technical minds at work at the WAR, how can you not trust them!!!

Reply – Quote
]]> By: MJ http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30382 MJ Fri, 16 Nov 2007 15:15:13 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30382 The Realtors might just get away with the hype down in Vancouver, WA. Why? Because the Vancouver MSM have yet to publish the latest data from the NWMLS. The data for October was release a couple of weeks ago and shows sales down. What is more shocking for the "we are special" crowd is that the median price was down. Interestingly, the Vancouver newspaper published an article about the falling prices in Seattle. Hmm, are the trying to hide the data from the locals looking to buy or sell in their market. Clearly, they are not interested in keeping the public informed on a very important issue. And to think, I was interested in moving down there.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30382','MJ',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30382','MJ','The Realtors might just get away with the hype down in Vancouver, WA. Why? Because the Vancouver MSM have yet to publish the latest data from the NWMLS. The data for October was release a couple of weeks ago and shows sales down. What is more shocking for the \"we are special\" crowd is that the median price was down. \r\n\r\nInterestingly, the Vancouver newspaper published an article about the falling prices in Seattle. Hmm, are the trying to hide the data from the locals looking to buy or sell in their market. Clearly, they are not interested in keeping the public informed on a very important issue. \r\n\r\nAnd to think, I was interested in moving down there.',''); return false;">Quote</a></div> The Realtors might just get away with the hype down in Vancouver, WA. Why? Because the Vancouver MSM have yet to publish the latest data from the NWMLS. The data for October was release a couple of weeks ago and shows sales down. What is more shocking for the “we are special” crowd is that the median price was down.

Interestingly, the Vancouver newspaper published an article about the falling prices in Seattle. Hmm, are the trying to hide the data from the locals looking to buy or sell in their market. Clearly, they are not interested in keeping the public informed on a very important issue.

And to think, I was interested in moving down there.

Reply – Quote
]]> By: The Tim http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30381 The Tim Fri, 16 Nov 2007 14:59:19 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30381 Hey, now you're stealing my jokes :^)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30381','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30381','The Tim','Hey, now you\'re stealing my jokes :^)',''); return false;">Quote</a></div> Hey, now you’re stealing my jokes :^)
Reply – Quote
]]> By: george http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30380 george Fri, 16 Nov 2007 14:57:40 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30380 Ha! Realtors need to run that ad for the state's top economist who says the housing market here is in trouble: http://seattlepi.nwsource.com/local/339862_revenue16.html<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30380','george',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30380','george','Ha! Realtors need to run that ad for the state\'s top economist who says the housing market here is in trouble: \r\n\r\nhttp:\/\/seattlepi.nwsource.com\/local\/339862_revenue16.html',''); return false;">Quote</a></div> Ha! Realtors need to run that ad for the state’s top economist who says the housing market here is in trouble:

http://seattlepi.nwsource.com/local/339862_revenue16.html

Reply – Quote
]]> By: Demersus http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30379 Demersus Fri, 16 Nov 2007 14:32:34 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30379 Not all real estate agents are Realtors, but all Realtors are indeed real estate agents. But hey, ask them they'd rather have the commision or not and I doubt it makes a difference.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30379','Demersus',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30379','Demersus','Not all real estate agents are Realtors, but all Realtors are indeed real estate agents. But hey, ask them they\'d rather have the commision or not and I doubt it makes a difference.',''); return false;">Quote</a></div> Not all real estate agents are Realtors, but all Realtors are indeed real estate agents. But hey, ask them they’d rather have the commision or not and I doubt it makes a difference.
Reply – Quote
]]> By: AndyMiami http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30378 AndyMiami Fri, 16 Nov 2007 14:17:47 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30378 From HousePanic which shows how different Seattle is: Here's the United States Housing Crash in all its ugliness - Fortune magazine does the P/E on the housing bubble Nice to see the MSM reporting on the price to rent ratio for housing - just a few years too late to save people from the worst financial mistake of their lives, and just a few years later than the bubble blogs, but at least the truth is now finding a way out. Here's how bad home prices will crash city by city, based on historic rent yields. What a shocker - Florida, California, Arizona, Balt/DC - all the usual suspects, all the cities that got infested by REIC, fraudsters, flippers and greed. Look out below. And rent. Column headers are city, current price to rent ratio, 15 year average, and expected 5-year price decline (in today's dollars not the devalued ones coming up) Miami 27.2 16.0 -41.1 Los Angeles 26.7 16.0 -40.3 Baltimore 20.7 12.6 -39.1 Washington DC 26.0 15.9 -38.9 Seattle 38.0 23.3 -38.7 East Bay CA 50.9 31.6 -38.1 Orlando 23.8 14.9 -37.2 Long Island 24.5 15.7 -36.1 Ft Lauderdale 24.5 15.7 -35.9 San Jose 42.5 27.2 -35.9 Palm Beach Fla 27.1 17.6 -35.1 Phoenix 21.5 14.0 -34.6 New York 17.8 11.7 -34.6 Portland, Ore. 31.7 20.8 -34.3 San Diego 34.0 22.4 -34.2 Norfolk 26.8 17.9 -33.3 Philadelphia 18.6 12.5 -33.2 Orange County 36.2 24.3 -33.1 Salt Lake City 24.1 16.3 -32.7 Las Vegas 27.9 18.9 -32.3 Richmond 24.9 16.8 -32.3 Sacramento 28.7 19.4 -32.2 Tampa 21.4 14.5 -32.2 InlandEmpire CA 27.5 18.8 -31.6 Charlotte 26.2 18.2 -30.5 North/Cen NJ 20.6 14.4 -30.2 Jacksonville 20.1 14.3 -28.8 San Francisco 38.2 27.4 -28.3 Raleigh 26.8 19.4 -27.7 Honolulu 35.2 25.5 -27.4 NATIONAL AVG 22.8 16.9 -25.9 Milwaukee 24.2 18.1 -25.0 Atlanta 19.5 14.8 -24.0 Nashville 26.8 20.5 -23.8 San Antonio 17.7 13.5 -23.6 Boston 23.2 18.0 -22.4 Denver 24.4 19.1 -21.7 Hartford 18.7 14.9 -20.0 Minneapolis 19.3 15.5 -19.8 Chicago 22.7 18.3 -19.7 Oklahoma City 15.5 12.7 -17.9 Stamford, CT 26.4 22.0 -16.6 Memphis 21.5 18.1 -15.9 St. Louis 16.6 14.0 -15.7 Austin 19.1 16.3 -14.5 Houston 16.5 14.3 -13.4 Kansas City 16.8 14.8 -11.5 Pittsburgh 11.9 10.6 -10.9 Columbus 18.9 16.9 -10.4 Dallas/FortW 17.8 16.1 -9.4 New Orleans 16.1 14.8 -8.1 Cincinnati 16.3 15.1 -6.9 Indianapolis 15.6 14.9 -5.0 Detroit 10.3 10.9 5.8 Cleveland 13.2 14.3 8.5<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30378','AndyMiami',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30378','AndyMiami','From HousePanic which shows how different Seattle is:\r\n\r\n Here\'s the United States Housing Crash in all its ugliness - Fortune magazine does the P\/E on the housing bubble\r\n\r\nNice to see the MSM reporting on the price to rent ratio for housing - just a few years too late to save people from the worst financial mistake of their lives, and just a few years later than the bubble blogs, but at least the truth is now finding a way out.\r\n\r\nHere\'s how bad home prices will crash city by city, based on historic rent yields.\r\n\r\nWhat a shocker - Florida, California, Arizona, Balt\/DC - all the usual suspects, all the cities that got infested by REIC, fraudsters, flippers and greed.\r\n\r\nLook out below. And rent.\r\n\r\nColumn headers are city, current price to rent ratio, 15 year average, and expected 5-year price decline (in today\'s dollars not the devalued ones coming up)\r\n\r\nMiami 27.2 16.0 -41.1\r\nLos Angeles 26.7 16.0 -40.3\r\nBaltimore 20.7 12.6 -39.1\r\nWashington DC 26.0 15.9 -38.9\r\nSeattle 38.0 23.3 -38.7\r\nEast Bay CA 50.9 31.6 -38.1\r\nOrlando 23.8 14.9 -37.2\r\nLong Island 24.5 15.7 -36.1\r\nFt Lauderdale 24.5 15.7 -35.9\r\nSan Jose 42.5 27.2 -35.9\r\nPalm Beach Fla 27.1 17.6 -35.1\r\nPhoenix 21.5 14.0 -34.6\r\nNew York 17.8 11.7 -34.6\r\nPortland, Ore. 31.7 20.8 -34.3\r\nSan Diego 34.0 22.4 -34.2\r\nNorfolk 26.8 17.9 -33.3\r\nPhiladelphia 18.6 12.5 -33.2\r\nOrange County 36.2 24.3 -33.1\r\nSalt Lake City 24.1 16.3 -32.7\r\nLas Vegas 27.9 18.9 -32.3\r\nRichmond 24.9 16.8 -32.3\r\nSacramento 28.7 19.4 -32.2\r\nTampa 21.4 14.5 -32.2\r\nInlandEmpire CA 27.5 18.8 -31.6\r\nCharlotte 26.2 18.2 -30.5\r\nNorth\/Cen NJ 20.6 14.4 -30.2\r\nJacksonville 20.1 14.3 -28.8\r\nSan Francisco 38.2 27.4 -28.3\r\nRaleigh 26.8 19.4 -27.7\r\nHonolulu 35.2 25.5 -27.4\r\nNATIONAL AVG 22.8 16.9 -25.9\r\nMilwaukee 24.2 18.1 -25.0\r\nAtlanta 19.5 14.8 -24.0\r\nNashville 26.8 20.5 -23.8\r\nSan Antonio 17.7 13.5 -23.6\r\nBoston 23.2 18.0 -22.4\r\nDenver 24.4 19.1 -21.7\r\nHartford 18.7 14.9 -20.0\r\nMinneapolis 19.3 15.5 -19.8\r\nChicago 22.7 18.3 -19.7\r\nOklahoma City 15.5 12.7 -17.9\r\nStamford, CT 26.4 22.0 -16.6\r\nMemphis 21.5 18.1 -15.9\r\nSt. Louis 16.6 14.0 -15.7\r\nAustin 19.1 16.3 -14.5\r\nHouston 16.5 14.3 -13.4\r\nKansas City 16.8 14.8 -11.5\r\nPittsburgh 11.9 10.6 -10.9\r\nColumbus 18.9 16.9 -10.4\r\nDallas\/FortW 17.8 16.1 -9.4\r\nNew Orleans 16.1 14.8 -8.1\r\nCincinnati 16.3 15.1 -6.9\r\nIndianapolis 15.6 14.9 -5.0\r\nDetroit 10.3 10.9 5.8\r\nCleveland 13.2 14.3 8.5',''); return false;">Quote</a></div> From HousePanic which shows how different Seattle is:

Here’s the United States Housing Crash in all its ugliness – Fortune magazine does the P/E on the housing bubble

Nice to see the MSM reporting on the price to rent ratio for housing – just a few years too late to save people from the worst financial mistake of their lives, and just a few years later than the bubble blogs, but at least the truth is now finding a way out.

Here’s how bad home prices will crash city by city, based on historic rent yields.

What a shocker – Florida, California, Arizona, Balt/DC – all the usual suspects, all the cities that got infested by REIC, fraudsters, flippers and greed.

Look out below. And rent.

Column headers are city, current price to rent ratio, 15 year average, and expected 5-year price decline (in today’s dollars not the devalued ones coming up)

Miami 27.2 16.0 -41.1
Los Angeles 26.7 16.0 -40.3
Baltimore 20.7 12.6 -39.1
Washington DC 26.0 15.9 -38.9
Seattle 38.0 23.3 -38.7
East Bay CA 50.9 31.6 -38.1
Orlando 23.8 14.9 -37.2
Long Island 24.5 15.7 -36.1
Ft Lauderdale 24.5 15.7 -35.9
San Jose 42.5 27.2 -35.9
Palm Beach Fla 27.1 17.6 -35.1
Phoenix 21.5 14.0 -34.6
New York 17.8 11.7 -34.6
Portland, Ore. 31.7 20.8 -34.3
San Diego 34.0 22.4 -34.2
Norfolk 26.8 17.9 -33.3
Philadelphia 18.6 12.5 -33.2
Orange County 36.2 24.3 -33.1
Salt Lake City 24.1 16.3 -32.7
Las Vegas 27.9 18.9 -32.3
Richmond 24.9 16.8 -32.3
Sacramento 28.7 19.4 -32.2
Tampa 21.4 14.5 -32.2
InlandEmpire CA 27.5 18.8 -31.6
Charlotte 26.2 18.2 -30.5
North/Cen NJ 20.6 14.4 -30.2
Jacksonville 20.1 14.3 -28.8
San Francisco 38.2 27.4 -28.3
Raleigh 26.8 19.4 -27.7
Honolulu 35.2 25.5 -27.4
NATIONAL AVG 22.8 16.9 -25.9
Milwaukee 24.2 18.1 -25.0
Atlanta 19.5 14.8 -24.0
Nashville 26.8 20.5 -23.8
San Antonio 17.7 13.5 -23.6
Boston 23.2 18.0 -22.4
Denver 24.4 19.1 -21.7
Hartford 18.7 14.9 -20.0
Minneapolis 19.3 15.5 -19.8
Chicago 22.7 18.3 -19.7
Oklahoma City 15.5 12.7 -17.9
Stamford, CT 26.4 22.0 -16.6
Memphis 21.5 18.1 -15.9
St. Louis 16.6 14.0 -15.7
Austin 19.1 16.3 -14.5
Houston 16.5 14.3 -13.4
Kansas City 16.8 14.8 -11.5
Pittsburgh 11.9 10.6 -10.9
Columbus 18.9 16.9 -10.4
Dallas/FortW 17.8 16.1 -9.4
New Orleans 16.1 14.8 -8.1
Cincinnati 16.3 15.1 -6.9
Indianapolis 15.6 14.9 -5.0
Detroit 10.3 10.9 5.8
Cleveland 13.2 14.3 8.5

Reply – Quote
]]> By: Scotsman http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30371 Scotsman Fri, 16 Nov 2007 11:01:56 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30371 Man, I want some of whatever he's having. Heck, make mine a double- I really want to see the pink ponies this time...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30371','Scotsman',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30371','Scotsman','Man, I want some of whatever he\'s having. Heck, make mine a double- I really want to see the pink ponies this time...',''); return false;">Quote</a></div> Man, I want some of whatever he’s having. Heck, make mine a double- I really want to see the pink ponies this time…
Reply – Quote
]]> By: Faster http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30368 Faster Fri, 16 Nov 2007 08:55:57 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30368 ahhh..."a lot"... well, then that makes all the difference.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30368','Faster',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30368','Faster','ahhh...\"a lot\"... well, then that makes all the difference.',''); return false;">Quote</a></div> ahhh…”a lot”… well, then that makes all the difference.
Reply – Quote
]]> By: Shawn http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30366 Shawn Fri, 16 Nov 2007 08:40:41 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30366 Just a note that the word "ton" is equal to "a lot." So, that would translate to "a lot of new jobs." (see dictionary.com) Beware of the grammar curse! Whenever one corrects another's grammar in cyber space that correction will itself contain a grammatical error or misspelling, etc. :)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30366','Shawn',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30366','Shawn','Just a note that the word \"ton\" is equal to \"a lot.\" So, that would translate to \"a lot of new jobs.\" (see dictionary.com) \r\nBeware of the grammar curse! Whenever one corrects another\'s grammar in cyber space that correction will itself contain a grammatical error or misspelling, etc. :)',''); return false;">Quote</a></div> Just a note that the word “ton” is equal to “a lot.” So, that would translate to “a lot of new jobs.” (see dictionary.com)
Beware of the grammar curse! Whenever one corrects another’s grammar in cyber space that correction will itself contain a grammatical error or misspelling, etc. :)
Reply – Quote
]]> By: Lander http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30365 Lander Fri, 16 Nov 2007 08:27:09 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30365 Strong economy...job growth...low unemployment... None of those things stopped Sacramento home prices from sinking 20-30% in two years. Oh, and the Sacramento housing market was the "envy of the nation"...in 2005.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30365','Lander',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30365','Lander','Strong economy...job growth...low unemployment... None of those things stopped Sacramento home prices from sinking 20-30% in two years. Oh, and the Sacramento housing market was the \"envy of the nation\"...in 2005.',''); return false;">Quote</a></div> Strong economy…job growth…low unemployment… None of those things stopped Sacramento home prices from sinking 20-30% in two years. Oh, and the Sacramento housing market was the “envy of the nation”…in 2005.
Reply – Quote
]]> By: Markus http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30362 Markus Fri, 16 Nov 2007 07:46:39 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30362 The "ton of new jobs" phrase was a total joke. However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. I was shocked to see the sold signs posted today while driving home from work. Let's see if they actually close...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30362','Markus',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30362','Markus','The \"ton of new jobs\" phrase was a total joke. However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. I was shocked to see the sold signs posted today while driving home from work. Let\'s see if they actually close...',''); return false;">Quote</a></div> The “ton of new jobs” phrase was a total joke. However, I note that 2 of the 7 homes for sale in my subdivision were sold in the past day or two. I was shocked to see the sold signs posted today while driving home from work. Let’s see if they actually close…
Reply – Quote
]]> By: squidier http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30360 squidier Fri, 16 Nov 2007 07:25:36 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30360 The background music, especially, makes really me trust this message. Oh, and the guy's soothing voice. A sunny day and puppies in the yard, yay!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30360','squidier',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30360','squidier','The background music, especially, makes really me trust this message. Oh, and the guy\'s soothing voice.\r\n\r\nA sunny day and puppies in the yard, yay!',''); return false;">Quote</a></div> The background music, especially, makes really me trust this message. Oh, and the guy’s soothing voice.

A sunny day and puppies in the yard, yay!

Reply – Quote
]]> By: The Tim http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30359 The Tim Fri, 16 Nov 2007 07:21:52 +0000 http://seattlebubble.com/blog/2007/11/16/absolutely-hilarious/#comment-30359 "A ton of new jobs" That's a technical term, for spreading facts.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('30359','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('30359','The Tim','\"A ton of new jobs\"\r\n\r\nThat\'s a technical term, for spreading facts.',''); return false;">Quote</a></div> “A ton of new jobs”

That’s a technical term, for spreading facts.

Reply – Quote
]]>