[WestieJeff]

+1. Not sure I would have admitted this is how I receive ANY information I'm trying to pass off as credible.

Originally Posted by Robustus

Wow, really!? That's how real-estate market info and forecasts are disseminated within the industry? That's the sort of presentation it takes to make real-estate industry "professionals" pay attention?

[olecapt]

Come on guys...Case Shiller is about the best view of what has happened around.

The quality of the data is not changed by the presentation by a couple of idiots.

[fishordie]

I thought the video would have been more realistic if a couple of Baboons had been performing. Much more reflective of the folks who analyze the data for the industry.....LOL

FOD

[Robustus]

Originally Posted by olecapt

Come on guys...Case Shiller is about the best view of what has happened around.

The quality of the data is not changed by the presentation by a couple of idiots.

Underlying data was not in question. Just the quality of the individuals who require that sort of dissemination in order to digest it.

[olecapt]

Originally Posted by Robustus

Underlying data was not in question. Just the quality of the individuals who require that sort of dissemination in order to digest it.

It is a cutesy site. Not a major source of info. More for fun and games. I have never seen it come up in a serious RE site other than as something funny.

Nothing wrong with a little humor now a days. Hell we have Fishordie to keep us entertained.

[fishordie]

I and many others happen to get a real laugh from reading Olecapt's analysis of the direction of the Las Vegas Real Estate Market over the last many years using his access to the Case Shiller Data along with his insider knowledge to have given us all such a perfect analysis of the direction of the Market. I am sure those who listened to him and purchased property at each of Olecapt's predicted bottom of the markets are laughing as well. Okay, maybe not laughing but crying is sort of the same. Funny how anyone can read back on this multi year thread and find Olecapt's in depth analysis and multiple estimates of where the bottom lay. Seems like we still have not reached that point yet. Funny how the continued lack of a bottom in Vegas mesh's with everything I have stated all these years on this and other sites. Also funny to note now Olecapt admits some folks are looking at trustee sales and getting 25% or more off the market values of the properties. I recall being told that never happens by Olecapt. Nice to see you are taking the time to learn a bit more about real estate.

I guess my comments seem to poke Olecapt in the ribs even when the comments are not directed at him... Which this was not. I guess he is just a bit touchy but that is understandable. Enjoy the video as it is just for laughs and not to be taken seriously at least by most of us.

As usual I will not be responding to your comments relating to this response. Have a great day. Its always good to have a laugh regardless where that laugh comes from.

FOD

[olecapt]

Originally Posted by fishordie

I and many others happen to get a real laugh from reading Olecapt's analysis of the direction of the Las Vegas Real Estate Market over the last many years using his access to the Case Shiller Data along with his insider knowledge to have given us all such a perfect analysis of the direction of the Market. I am sure those who listened to him and purchased property at each of Olecapt's predicted bottom of the markets are laughing as well. Okay, maybe not laughing but crying is sort of the same. Funny how anyone can read back on this multi year thread and find Olecapt's in depth analysis and multiple estimates of where the bottom lay. Seems like we still have not reached that point yet. Funny how the continued lack of a bottom in Vegas mesh's with everything I have stated all these years on this and other sites. Also funny to note now Olecapt admits some folks are looking at trustee sales and getting 25% or more off the market values of the properties. I recall being told that never happens by Olecapt. Nice to see you are taking the time to learn a bit more about real estate.

I guess my comments seem to poke Olecapt in the ribs even when the comments are not directed at him... Which this was not. I guess he is just a bit touchy but that is understandable. Enjoy the video as it is just for laughs and not to be taken seriously at least by most of us.

As usual I will not be responding to your comments relating to this response. Have a great day. Its always good to have a laugh regardless where that laugh comes from.

FOD

As i said you can always count on FODs posts for fantasy humor...

[Positiveone]

All I want to know is have we hit the bottom yet?

[vegaslocal55]

Originally Posted by vegaslocal55

Very interesting. I've seen addresses located on the MLS as a short sale or "contingent offer" & then also scheduled at trustee auction that same week. Of the addresses listed on the trustee sale calendar, what percentage would you guess are actually sold to a buyer (as opposed to being taken back by the loan holder)? Positive reps to you all-thank you!

Anyone up for answering this ? I posed earlier? TY

[WestieJeff]

Attempting to do a short sale doesn't necessarily stop the foreclosure process. A lot of times it does, but ultimately if the bank isn't interested in doing a short, the price of the short sale offer isn't right, or the foreclosure dept simply isn't talking to the short sale dept, they can still foreclose the prop and kill the short sale.

You can find the stats for foreclosure outcomes at: Clark County Foreclosures, Bank Owned Homes, Short Sales | ForeclosureRadar

Originally Posted by vegaslocal55

Very interesting. I've seen addresses located on the MLS as a short sale or "contingent offer" & then also scheduled at trustee auction that same week. Of the addresses listed on the trustee sale calendar, what percentage would you guess are actually sold to a buyer (as opposed to being taken back by the loan holder)? Positive reps to you all-thank you!