by kpom » Sat Feb 07, 2009 8:55 pm
RE: Ardell. Yeah, wow.
She has suddenly gone from being pretty reasonable to drinking pure, fortified, 100% real-estate KoolAid. I suspect it's personal - she probably is in big trouble if she can't sell her house at something close to asking, so the market is about to rapidly recover because it has to, from A's point of view.
One thing that explains the bitterness that a number of real estate agents are manifesting lately is that a lot of RE agents plowed all their profits during the bubble back into highly leveraged RE investments. It's not just that their incomes have gone to zero, but they suddenly find themselves feeding unsalable alligators, and are running out of resources to do so. No wonder they're cranky and think that the entire economy revolves around them.