Lehigh Valley Housing Market (Emmaus, Warren: foreclosures, credit report, house)

[EmmausRocks]

LOL

LOL

Keep it coming, I was having a bad morning until now....lol

The soda I was drinking almost came up threw my nose with that laugh!!!

PS

Even the morning call agrees prices are down and will only continute. Why not change your name to
"glass half full" of crap!

[EmmausRocks]

Originally Posted by jimmyrocks

From what I've seen, it looks like the market is actually coming back. People move for tons of reasons, upgrading a house, getting a new job. People can only put off moving for a short while in some of these cases, and people are forced to buy/sell no matter what the market.

I don't think we're going to be see prices inflating nearly as quickly as before, but as far of the valley is concerned, I don't think there will be much deflation. Our market was simply not hit by the bubble nearly as hard as other parts of the nation.

And according to a very good website I frequent, home prices are currently going up, although sales are going down. I think this may correlate to mid to high priced homes continuing to sell while the lower priced home market has taken the biggest hit.

Prices are down already 30% and they just started a few months behind the rest of the bubble markets. I can show you homes that would have SOLD for 250k on the multiple listing service for 180k will offers coming in around 150k. That's a huge drop and it will continue.

How dumb can people be around here? The lehigh valley has no invisible forcefield keeping our prices overinlfated I mean a sucker is born every minute but do you have to continue to be a sucker?

LOL

www.patrick.net

Hey Jimmy I got a sweet deal on some oceanfront land in North Dakota, you want in on it? Prices are going to double!!!

[jeffvivian]

[quote=EmmausRocks;6110555]Prices are down already 30% and they just started a few months behind the rest of the bubble markets. I can show you homes that would have SOLD for 250k on the multiple listing service for 180k will offers coming in around 150k. That's a huge drop and it will continue.

How dumb can people be around here?
quote]


PROVE IT. WE WANT TO SEE THE MLS SHEETS!!! POST IT!!!

I got the facts and I know that houses at 250K are not selling at 150K (or getting offers at this #, your not to clear there).....either way I KNOW they haven't sold at 150K and if it is just an offer the MLS doesn't record that info. Besides just check the info on homes at 150K and none of them were listed at 250K.

Also avg. sales price and home values are 2 different things. So you are using a reference out of context.

Which is no suprise because your whole argument is out-of-line references and bad context. You have provided nothing factual in any of your arguments then some generic national stats and your personal opinion. Go ahead - post your shiller graphs and the partick.net link or a mcall.com piece that is so obvious (insert your insulting reference here)....no one is listening because there is nothing that seperates you and your one way street of bad news, bad language, and bad behavior then the STEREOTYPES that YOU cast into Sam's Club.

Your presence on this once informational site has degenerated this site to a bad version of a high school locker room.

Now since you have to prove your "facts" - I'm sure you will slither away for the next period of time.....without much proof of anything.

[jimmyrocks]

Well the local real estate market isn't in great shape, and those who bought with grandiose ideas of making money are going to be sorry. There are better investments if you're looking solely to make money. For the people who want to commit to living here for a long period of time and home ownership is still a good option.

I agree that we should stick to relying on facts here than just opinions. It's not easy to change one's opinions, but the facts will at least inform other people who are interested in the local housing market.

[EmmausRocks]

[quote=jeffvivian;6112655]

Originally Posted by EmmausRocks

Prices are down already 30% and they just started a few months behind the rest of the bubble markets. I can show you homes that would have SOLD for 250k on the multiple listing service for 180k will offers coming in around 150k. That's a huge drop and it will continue.

How dumb can people be around here?
quote]


PROVE IT. WE WANT TO SEE THE MLS SHEETS!!! POST IT!!!

I got the facts and I know that houses at 250K are not selling at 150K (or getting offers at this #, your not to clear there).....either way I KNOW they haven't sold at 150K and if it is just an offer the MLS doesn't record that info. Besides just check the info on homes at 150K and none of them were listed at 250K.

You are such a horrible saleman, all anyone has too do is look at the lehigh valley multiple listing service
Lehigh Valley Multiple Listing Service
and you will see dozens of homes that WOULD HAVE BEEN LISTING AT 250k during the height of the bubble LISTING FOR 150-180K AND YOU JUST WISH THERE WERE SO YOU CAN REAP THE 5-6%! YOU CAN'T AND THAT'S WHY YOU HAVE ALL THIS TIME ON YOUR HAND, FACT! LOL!! YOUR A ROOKIE AND IT SHOWS!
Also avg. sales price and home values are 2 different things. So you are using a reference out of context.

Which is no suprise because your whole argument is out-of-line references and bad context. You have provided nothing factual in any of your arguments then some generic national stats and your personal opinion. Go ahead - post your shiller graphs and the partick.net link or a mcall.com piece that is so obvious (insert your insulting reference here)....no one is listening because there is nothing that seperates you and your one way street of bad news, bad language, and bad behavior then the STEREOTYPES that YOU cast into Sam's Club.

Those graphs show just how STUPID PEOPLE WHO BOUGHT DURING THE BUBBLE WERE! Look at this graph he's refering too, it shows the insanity of the housing bubbe!!!!!!! prices will NEVER BE THAT AGAIN! ANYONE WHO OVERPAID WILL NEVER SEE THOSE VALUES AGAIN IN THERE LIFETIME, FACT!!!! HISTORY IS THE LESSON YOU SHOULD LEARN! REMEMBER YOU ONLY HAVE A FEW YEARS SELLING AND I'VE BEEN AN OWNER FOR 20 + YEARS !!!!!
http://graphics8.nytimes.com/images/...aph2.large.gif

Of course you know I am right and prices are going to continue falling and so does your commision. Try car sales, oh that's right, nobody is buying them either!!!!! When this economy finally settles down from the insanity, prices will be 2000 or lower and most likely reflect the mid 90's values, get used to that rookie!

www.patrick.net

The facts are all there or you can listen too the online house saleman of the internet!!! lol!!!!!!!
Your presence on this once informational site has degenerated this site to a bad version of a high school locker room.

Now since you have to prove your "facts" - I'm sure you will slither away for the next period of time.....without much proof of anything.

So you can slither back in your cheap chair and make some COLD CALLS AND THEY SURE ARE COLD!!! SINCE THE MINIUMUM WAGE WENT UP I BET IT'S BETTER FOR REALTORS TOO WORK AT MCDONALDS THAN WAITING FOR A HOUSE TOO CLOSE!!!!

[CosmicWizard]

EmmausRocks...Based on current conditions, perhaps your predictions will pan out to be right on the money. But then again, maybe they won't. ( I'm not saying you're wrong, just saying that maybe you're not seeing the whole picture ) Things have a way of not being the way they appear to be. We'll just have to wait and see!

[jeffvivian]

[quote=EmmausRocks;6113431]

Originally Posted by jeffvivian

So you can slither back in your cheap chair and make some COLD CALLS AND THEY SURE ARE COLD!!! SINCE THE MINIUMUM WAGE WENT UP I BET IT'S BETTER FOR REALTORS TOO WORK AT MCDONALDS THAN WAITING FOR A HOUSE TOO CLOSE!!!!

My predictions hold true....you posted no specifics...you said you MLS info...post it!!!!! Lets See it.

More bad references and hot air.

[EmmausRocks]

[quote=jeffvivian;6114212]

Originally Posted by EmmausRocks

My predictions hold true....you posted no specifics...you said you MLS info...post it!!!!! Lets See it.

More bad references and hot air.

Lehigh Valley Multiple Listing Service


Type in school district PARKLAND

Prices---$180,000 - $190,000


Hit Search

The whole listing of homes Zillow out between 220-260k THAT'S THOUSANDS TOO THE ROOKIE IN THE REAL ESTATE BUSINESS

Now that's almost $100,000 off what they were selling in 2005


Take the home on Hampshire Court for example. Asking price is 184,000 and then look up that block on Zillow or Lehigh County Deeds and you will see exactly my point! That one home has been on there for almost 6 months with multiple price reductions! It's still not selling and $184,000 would have only got you a 1/2 duplex on Chestnut Street in Emmaus in 2005. There you go realtor BOY!

How many homes has your office sold this month? I'll let you post it and then show what the facts! ROOKIE!

[jeffvivian]

[quote=EmmausRocks;6118468]

Originally Posted by jeffvivian

Lehigh Valley Multiple Listing Service


Type in school district PARKLAND

Prices---$180,000 - $190,000


Hit Search

The whole listing of homes Zillow out between 220-260k THAT'S THOUSANDS TOO THE ROOKIE IN THE REAL ESTATE BUSINESS

Now that's almost $100,000 off what they were selling in 2005


Take the home on Hampshire Court for example. Asking price is 184,000 and then look up that block on Zillow or Lehigh County Deeds and you will see exactly my point! That one home has been on there for almost 6 months with multiple price reductions! It's still not selling and $184,000 would have only got you a 1/2 duplex on Chestnut Street in Emmaus in 2005. There you go realtor BOY!

How many homes has your office sold this month? I'll let you post it and then show what the facts! ROOKIE!

LOL, This is great....you really have no idea how value is arrived.
Please everyone go to the MLS and search hampshire ct....this is amazing.

The home on hampshire started at 189000 currently reduced to 1849000 it was never listed at 250K nor was it ever listed over 200K. And your "comps" are ranch homes that are 500 to 1000 sq feet bigger with a extra garage & more bedrooms then your subject home. These two homes don't even compare.

Thats why professionals like realtors, appraisers and mortgage professionals handel these items because people like yourself would mess up the whole process and that historically affects 3 other transactions. So I hope everybody on this site reads you ranting and remebers them when they recieve the phone call from a stressed out agent about a settlement and problems - its because we normally have someone like yourself on the other end reeking havoc on the system.

Zillow....are you kidding me...zillow...Zillow themselves has made it a point to say there data is inaccurate at best.

After this recent outburst of yours - if the moderators don't remove you from the site its a travesty....you have completly showed your hand here...you really have no insight to give anybody other then opinion (which is fine if you weren't so outrageous with it) and are genuinely counter-productive.

Please don't tell me you handel anything at UPS other then packages.
I mean GOD BLESS AMERICA.

[BearSwamped]

The fair market price of a house is not what it is listed for on the MLS. The fair market price is what someone is willing to pay for it. Clearly there has been a massive slowdown in sales. We can reason that buyers do not think that the prices have hit bottom.

The worst thing that a real estate agent can do, by far, is list the house too high to start.