House prices continue to fall in New York metro area (NY Times) (Summit: sale, to live in) - New Jersey (NJ) - Page 3 - City-Data Forum

NatasNJ · 03-31-2009, 08:31 PM

Home Prices Low, But Still No Bargain - WSJ.com

Still have a ways to go...

JG183 · 03-31-2009, 08:47 PM

Quote:

Originally Posted by NatasNJ

Still have a ways to go...

R.E. bears, keep on crossing your fingers & toes

NJ will never be affordable, you all remind me of

The Little Engine That Could - Wikipedia, the free encyclopedia

elflord1973 · 03-31-2009, 09:03 PM

Quote:

Originally Posted by JG183

R.E. bears, keep on crossing your fingers & toes

NJ will never be affordable,

Yet you posted previously that "affordability is at an all time high".

"Buy now or be priced out forever!".

Quote:

you all remind me of

The Little Engine That Could - Wikipedia, the free encyclopedia

You remind me of someone who bought in March 2008 ...

Sorry about the January Case Shiller numbers.

Don't worry though, it's a "lagging indicator" ... an uptick will come ... in Feb,

or March ...

or April ...

JG183 · 03-31-2009, 09:20 PM

Quote:

Originally Posted by elflord1973

Yet you posted previously that "affordability is at an all time high".

"Buy now or be priced out forever!".

I never said either of those things.

elflord1973 · 03-31-2009, 09:33 PM

Quote:

Originally Posted by JG183

I never said either of those things.

affordability is at an all-time high.

-- JG183 on cd, 3-19-2009

//www.city-data.com/forum/7949875-post55.html

JG183 · 03-31-2009, 09:41 PM

oh yeah, I did {blush}

still, in the context of NJ, those two statements are not mutually exclusive.

affordability (in NJ) can be at an all time high, i.e. the best it will ever be
AND at the same time still be unaffordable for those longing for that 5000 s.f.
house in Upper Saddle River...

capeesh ?

xmonger · 03-31-2009, 10:04 PM

Quote:

Originally Posted by elflord1973

affordability is at an all-time high.

-- JG183 on cd, 3-19-2009

//www.city-data.com/forum/7949875-post55.html

LOL.

JG spends 1/2 of his day (everyday) defending overpriced NJ real estate. When he turns bearish it will be the ultimate BUY signal.

JG183 · 03-31-2009, 10:44 PM

hey man, I gotta get my post count up

so you gonna give me a positive rating or what ?

theoakman · 04-01-2009, 12:18 AM

Quote:

Originally Posted by JG183

The media should report only positives for all economies for the next 2 weeks.

Across the board and across the world.

If they cannot find positives then report other news.

Watch how fast consumers start to come around.

We basically are spinning ourselves deeper & deeper into this recession, and 50% of it is psychological.

I just got back from a 2 week business trip to the southwest U.S., and I didn't see any signs of a "depression". Aside from some dead towns that looked like they were abandoned in the 80's, many of these small towns my team drove through were thriving. We couldn't even get good deals on hotels/motels in many places (and they seemed to have plenty of customers).

you can't get out of a recession by thinking positive. I wish it were that easy.

stevemorse · 04-01-2009, 04:15 AM

here is some good news thought, if I sold my house now, lets say I am still buying lower somewhere else so it works out the same. Thats of course unless I am selling to rent and I cant afford.