Hoorah for straighforward "what you do know" honesty!  This is what the consumer NEEDS to know...no beating around the bush or people running around fortune telling. What's happening NOW.

Sally- Thanks for the positive comment.. it just seems to me that we can only talk about what we know.. the unknown is just that unknown..

Wow, Kaye...you know a lot. Like Sally said, I like the straightfoward apprahch here. No point in mincing words, sugar-coating, or beating around the bush. The truth will come out no matter what we say.

Jeff

Jeff - You think?  I'm always concerned that I don't know enough and am doing my best  to keep updated about the market..It seems to me now is the time to talk about the market as it is.. it may change next week or next month.. could get significantly worse or it could get significantly better.. the point is no one really knows what's happening in this market as the market changes by the day..

Kaye,

Well said, tell it like it is. I remember those days well, 17 1/2 on a 1st t.d., higher on seconds, right?  It was sort of like getting hit by a bus without seeing it coming.

Lynda- Glad someone else knows what I'm talking about.. it was a disaster...and makes today's market look good... Not to mention we there were foreclosures as builders couldn't sell.. and yet we sold real estate.. the market was very slow but people still bought and sold..

Good post Kaye!  It will be interesting to see what happens in the next couple of years.  In the meantime I guess we just help our clients to the best of our ability given the current conditions.

Kaye - Excellent analogy of a car careening downhill with no brakes.  But we also know that when we get to the bottom of the hill, we'll slow down a bit and then start climbing again.  Looking forward to the climb with you!

Ana-Yes.. this is one of those times when we will just have to wait it out..

Marlene-I think it will be quite an interesting  climb... always good to know you are climbing with a trusted friend..

Kaye, I was in SoCal on August 25th!  My friend got married in Fullerton so I was a bit of a ways out east.  BUT.....when I took off from LAX that Monday morning (the 27th), I sat on the left side and I clearly saw the big sand hill we talked about a few months ago.  I must have been no more than 2000ft up and there it was!  My next trip out I'll have to swing by Manhattan and Hermosa.

- Tchaka 

Tchaka- - I keep hearing you are coming to MB instead of flying over... I've tried to post a photo for 2 days of a sand dune.. and not working... sorry..

Yeah, I didn't do a good job this time around.  I went to Venice then right over to Fullerton.  Next time for sure!  I'll be sure to contact you early so we can meet up.