Those crazy real estate professionals

[david_mcmanus]

[cheapseats]

Very strange, just a couple weeks ago I was reading Ardell's comments and thought that I should look her up when I get off the fence.

Now I come on SB and see Kary K commenting over here and seeming very thoughtful and reasonable, while Ardell seems to have gone the opposite direction... Maybe they all (SREP) take turns playing good cop, bad cop

[WestSideBilly]

[Everett_Tom]

[uwp]

[mike2]

Regarding Ardell's pending foreclosure - based on her earlier comments in this forum, she walked away with a good amount of cash at closing. I see two possibilities here - either the market value of the house is well below what she paid, or she spent the cash out making interest payments on the loan - or maybe both.

For someone that was considered a "most influential real estate blogger" back in 2006, her credibility is completely shot. I suspect a lot of people here saw her as a poster child of everything that was wrong with the RE industry this decade, myself included. In that regard it's hard empathize. She hinted early on that if the market value dropped below what she paid that walking away was justified, so this is no surprise.

That said, I do feel bad for her. Kind of.

[The Tim]

[rose-colored-coolaid]

[Pndscm]

If ya'll haven't seen the latest post on SREP you OWE it to yourselves to take a peek. Mack has finally flipped his lid.

http://blog.seattlepi.nwsource.com/real ... 162121.asp

[kpom]

Reading pessimistic economics blogs is just as bad as looking at child pornography!

[TJ_98370]

[uwp]

The local "Pros" are starting to crack.
I'm a bit worried.

[rose-colored-coolaid]

[Lake Hills Renter]

My favorite was Larry chiming in with the anonymous poster thing again. That's sooo 2008.

[jillayne]

apparently I'm addicted to econ porn if I read CR. Oh well, whatever, nevermind.

At least it's entertaining reading.