By Get in the Game

October 6, 2006 07:05 AM | Link to this

Not bad Ms. Rawls…

Interesting and anecdotal.

Good work

By YouBet.com

October 6, 2006 01:49 PM | Link to this

Now that I have your attention.

It is awfully quiet on here today. Everyone must be betting on the horses today. Anyone have any hot tips for any races this weekend? Did anyone make any money at the racetrack this week?

Have a great weekend Mike B.

By This is not a winner

October 6, 2006 03:11 PM | Link to this

for all of you who gamble out there, whatever you do, don’t put your c-note on SUZIE-HO

she came in last again at saratoga!

By cmgr

October 6, 2006 05:18 PM | Link to this

Florida is the number one destination in the world. Florida is also the number one destination in the U.S.

Did we really think a few category-1’s were gonna change that?

Did we really think having only the 14th highest property taxes in the U.S. was gonna change that?

Sept. 11 did not destroy NYC.

And a few property tax increases will not destroy the number one destination on earth.

Why do we even have to write articles like this?

Are we really expecting any market at all in Florida to falter long term?

Not a chance.

Get a major revelation: it’s the SUNSHINE state.

It’s not the cheese state.

It’s not the oil state.

It’s not the U.S. automotive industry state.

It’s the SUNSHINE state.

Hello.

By Rich R

October 6, 2006 06:52 PM | Link to this

If so, where are all the buyers?

RE is in the toilet in SoFla.

All the hype, but no buyers.

Fasten your seatbelts SoFla., the worst is yet to arrive.

Things will come back to normal, but not before a major correction.

Normally, I would feel bad for the folks in SoFla, but not anymore. Too many very rude people who have no respect for the opinions of others.

When, not if, but when the market adjust’s to normal terms, I’ll just be laughing my butt off.

Just one man’s opinion.

Best of luck to all.

By Rich R

October 6, 2006 07:00 PM | Link to this

The Sunshine State…

That’s true, but it also has very rude people, horrible traffic, skyhigh taxes, and insurance that’s just in a run away state.

Folks in SoFla must think the rest of the country is stupid.

Boomers are not stupid and the current state of afairs in SoFla make it very much unapealing to many.

Wake up, and smell he smog, your ship has sailed.

Perhaps when things come to a more normal state, people will start to consider SoFla again for their retirement.

Until then, just suck it up, enjoy your cheerleading, and perhaps you should run out and “buy, buy, buy”, if you are so into this RE market.

Good Luck, from the outside looking in, I’m glad I am not too invested in your doom.

Anyone want to tell me about how their prop. value is rising?

I’m here waiting.

By INTERNET MADAM

October 6, 2006 11:23 PM | Link to this

I am here for you Rich. You need someone you can talk to so you can discuss all your real estate problems.

My property value is rising. I live on the island (Palm Beach of course). Didn’t want you to think I was that madam on Jupiter Island either.

Sorry easyabc, I am not your madam either in North Palm, but I do know who you are talking about. She is my major competition here.

Getting back to Rich R. To quote easyabc, yes prices here on the island are going up as we speak and of course as our prices go up, it spins off of us across the Intercoastal into all the other communities west of the Intercoastal. My neighbor’s penthouse condo was flipped last week for a 30% increase in price from what they purchased it for only 14 months ago.

Rich, why are you on the outside looking in? It sounds like to me you should be calling one of my 1-900 phone numbers. Yes, Rich, I cover the 900 phone calls in my business enterprises as well as my escort service, and ipod business. You need to talk to someone who will listen to all your frustration about the high cost of Florida real estate prices, taxes, and insurance. Of course you will have to pay for the call to one of my ladies on duty tonight. You can request to speak with me as well if you like. I may be EZ, but I am not cheap and charge premium price.

I am waiting to hear from you tonight Little Rich. I want to reach out and comfort you for a price of course.

By Rich R

October 7, 2006 01:45 PM | Link to this

You disgust me.

I’ll bring up your cause with my Sister later tonite.

I’m sure she’ll be very interested in your Prostitute solicitation over the net, and using the News papers blog to do it.

Her name is Kim, you’ll see that on the arest report.

You are simply scum, and destroy families.

Go crowl under your rock again.

I bet you live on the Island. If I had to guess, I’d say Riv. Bch., Or down on Division street.

Just too funny; Prostitutes promoting on an RE blog.

Just shows you are not too smart.

Time will tell.

By Wondering..

October 7, 2006 04:48 PM | Link to this

Just wondering why easyasabc and others always pick on Rich R? And why do they wish for him to go away?

Perhaps because Rich is telling the truth and it really strikes a cord?

By More to wonder......

October 7, 2006 11:15 PM | Link to this

Just wondering why jason and other young boys like Rich R so much?

Perhaps something is going on in the woods of NC?

By Jason

October 8, 2006 08:10 AM | Link to this

I rest my case.

By .

October 8, 2006 12:52 PM | Link to this

Wow, Rich, it just looked like easyabc@yahoo.com/PBC OWNER/$$$@bank.com trying to get to you with a kind of satire. Are you playing dumb?

By Rich R

October 8, 2006 01:09 PM | Link to this

Not playing Dumb.

You forgot “Internet Madam”.

Let the curse of SoFla continue.

By Its Monday !

October 9, 2006 10:08 AM | Link to this

It is Monday, and we have no new real estate news by our experts, but we have people talking about anything else. Sorry Rich, but i am only easyasabc, and i am not the others. You had a bad weekend up in Raliegh, with all that rain, floods, and the toxic waste dump fire outside of Raliegh. Just let all the people in Carolina’s we had another beautiful weekend here in Palm Beach. I played some golf and had a nice dinner with my lady and another couple. And real estate never came up in our conversations. We are all very happy in Florida.

Rich, you are to much paranoid about me. Take a break and relax with that woman of yours.

You never did show a photo of your woman, so i guess she is fat. That is ok, there is more of her to love. You should stop talking to “madem”, your girlfriend will leave you if she knew.

By crazydem

October 9, 2006 10:37 AM | Link to this

Just because the Post doesn’t report any RE news doesn’t mean there isn’t any…Try the Markets section of Wall Stree Journal today-an entire section devoted to housing. Guess what-they don’t agree with Rich R.

“Wall Street Shrugs Off Housing Slowdown”..Just because Horton is hemorraging cash doesn’t mean people are going to start dumping their homes…According to WSJ: rates down, mortgage apps up, employment strong, Greenspan (the Post loves to use his terminology-wonder if they’ll use it to cover this report) says housing is done with the worst, etc. The fundamentals are still there. The futures market-? Nice try by the Post on Sunday but according to the WSJ there probably aren’t enough players in that commodity to deem it trustworthy. Read it and weep!

By cmgr

October 9, 2006 11:21 AM | Link to this

And guess what?!? Moody’s Economy.com report which was so gloomy for much of the rest of the U.S. says Palm Beach Co. RE has already hit bottom and is already poised for upturn.

Read it.

http://www.sun-sentinel.com/business/local/sfl-ybrealpo09oct09,0,6130778.column?coll=sfla-business-front

By YouBet.com

October 9, 2006 11:41 AM | Link to this

Hey Crazydem, who says Rich R reads WSJ? The only thing he knows how to read is the daily scratch sheet.

The only ones that are going to start dumping their homes is realtors who are not making money. Did you see yesterday’s article how real estate agents are hungry? If they can’t afford to eat, who says they can afford those big mortgages they are all carrying?

Palm Beach Post should do a story on what realtors are doing now to make ends meet.

Saw a real estate office closed up this past weekend that was around for over 30 years in South Florida. We should be seeing more of these closings in the very near future.

Hey CMGR, you are correct also. We hit rock bottom at end of August. Looks like the deals are coming to an end and the rush is on!

By A.P

October 9, 2006 12:21 PM | Link to this

How funny that the lastest prediction from Moody’s Economy.com was overlooked by the “DOOM AND GLOOM” Palm Beach Post! Their prediction is that prices have dropped 5.7% and should hit bottom by the 3rd quarter (August) of this year and not go any lower. Granted, Nobody really knows for sure. I’m only hopeful.

Is any surprised? Linda Rawls must have taken the day off! How typical the anything POSITIVE is OVERLOOKED or placed in the BACK of the paper and anything NEGATIVE is MAGNIFIED and make HEADLINES!

I’m not a fan of PREDICTION and FORECASTING, but this story is basically 2 days old, but yet our extremely competent Post staff failed to report it.

My only advice to the Post staff is to look at the Sun-Sentinel newspaper and perhaps they could learn something about not being bias and reporting like a professional!

By bubba

October 9, 2006 12:26 PM | Link to this

I’m looking for advice on whether I should buy now. One of the most important of the fundamentals is the rent-ratio. Could you guys explain why I should buy now instead of continuing to rent when rent is about 50% the cost of ownership?

I moved here in the middle of last year and rented b/c it was just too expensive, and I thought that the r/e market was probably going to correct itself.

I was right about the correction, and I’m in a much better position to buy now than I was a year ago. Prices in my neighborhood have not gone up since then either.

But if most people can’t afford homes here, and northerners that I spoke with would rather rent during season than buy (cheaper and easier), then why would the rush be on again?

Will the investors/flippers be back?

By The Analyst

October 9, 2006 01:12 PM | Link to this

Bubba you sound like a female real estate agent that can’t flip properties anymore.

So did you get anywhere prospecting today with potential buyers from the north?

Florida needs residents/homeowners who will buy and live in property. We don’t want or need your kind at all.

Let’s face it sweetie, it was lazy a*s realtors like you who don’t want to work for a living that contributed to making a mess here flipping properties to make a fast buck.

Florida does not need any flippers. Who cares whatever happens to them anyway.

By Lets Go Fishing

October 9, 2006 01:30 PM | Link to this

bubba, a.k.a. realtor not making it!

Lets face it, you can’t remember what you have said in the past.

Your stories that you post are just some more “FISHING” bait that you throw out to lure in some buyers for their e-mail address.

Time to close shop and wait on some tables at your local diner nearby.

Let the big boys like C-21, I.P., Remax bring back the real estate business as being honest here in Florida.

Only ones not making it here will be the realtors who have multiple mortgages on their homes and their boss closed up shop and rode off into the sunset with the posse after him.

All the realtors are selling in this state, but not in Palm Beach County - yeah right!

ATTENTION BLOGGERS: Don’t use your true email address - we have a desperate West Palm Beach realtor’s office using this site for their marketing tool. Their complaints from both buyers and sellers are numerous at the local Better Business Office.

If they want business, maybe they should advertise in the paper or put their name on some park bench to get customers!

Their days are numbered anyway.

By To Analyst

October 9, 2006 01:52 PM | Link to this

You got me Analyst.

But if you don’t want the investors/flippers, then who is going to buy all of these homes at 500k?

You are a putz, a idiot, and a moron. You need those investors to keep prices at their current level, dumb a$#.

You white trash yokals can’t afford a house down here, so you want baby boomers/retirees to buy these homes.

Why would they? Why buy when you can rent for a fraction of the price, not have any of the headaches of ownership, and come down seasonally and skip hurricane season and the miserable summers?

So, you dumb pice of s&^%, if you ‘necks can’t afford the houses, and people won’t come here to buy, then why would the market take off?

By cmgr

October 9, 2006 03:10 PM | Link to this

The rental market in south florida is being subsidized right now because of an excess of inventory for sale.

That “free ride” won’t last forever.

Within 18 months renters will be singing the same blues as buyers.

At least buyers can lock in at a fixed rate.

A lease expires once per year.

Believe me: south florida is the last place on earth you want to be renting in come 2008.

Believe me.

By Raise my rent

October 9, 2006 03:44 PM | Link to this

one way or another, us landlords make money.

By bubba

October 9, 2006 03:52 PM | Link to this

You are probably right about 2008, and hopefully by then the rent ratio’s will get back to a more normal level, and as that starts to happen is when I and many others will buy.

And Raise my Rent, have you bought any properties in the past year that you are renting for a profit?

By The Analyst

October 9, 2006 05:58 PM | Link to this

Bubba, even I have to agree with Rich R today, show some respect. BTW, where is Rich R today? I think you are right AP, he is up in that cloud of toxic waste with Linda.

Bubba you are just mad because you had to sell those townhomes and villas you were renting. You never ever did have money to begin with. When the insurance rates and the property taxes went up, you had to sell those properties because you could not afford to pay the expenses or pass the additional costs for those properties onto the renter. So you lost your rental income.

The next thing that happened to you was that you could not get loans so easily anymore to buy a property and flip it to a buyer coming in. You took advantage of sellers by not giving them the offers but instead turned around bought it yourself and flipped properties in couple of weeks or couple of months to buyers instead of giving original offers to the sellers themselves.

Finally, the market slowed down to the point where you have not made any sales.

You can do all the name calling you want but in the end it shows you are nothing but an uneducated, ignorant crude broad from the Jersey shore that is in denial.

Face it sweetie, you will just have to get some skills and go out and get a job instead of preying on other peoples misfortunes.

I thank my good friend Douglas, a well known realtor in this town for giving me a heads up about you when he told me you were nothing but trouble to anyone you work for and that he would never want you working for him since you lacked integrity and professionalism as a realtor. Another broker told me the same exact thing about you.

You should take a good hard look at yourself in the mirror. Your reputation preceeds you wherever you go.

Please learn how to spell while you are at it. “Piece” not “pice”. Remember the golden rule, i’s before e’s except after c or as in neighbor or weigh.

By To: Easyasabc

October 9, 2006 06:14 PM | Link to this

Bottom line, dumba$$, how many properties have you bought in 2006?

That’s right, a great big goose egg. Why not since prices are going up? You should be a little baby trump by now if you were right!

But you’re not. You are about as savvy as the Jets offense, you @#$%^&* loser.

How many foreclosure notices have you gotten in the past month on those interest only ARMS that you have, if you actually do own any properties.

Face it, easyasabc (a.k.a. dumba$$), you are going to lose everything. The bank will take your property, a real man will take your wife and kids, and I’ll be the only friend you have left. But don’t worry, I’ll leave my table scraps for you underneath the new bridge to Palm Beach.

Later, dumba$$.

By Rich R

October 16, 2006 01:46 PM | Link to this

Bubba, you are lowering yourself to easasabc’s standard. You are better then that.

Notice that most of us regulars are kind of just ingnoring him now.

Btw, I’ve been here but very busy over the past week with meetings and such. I enjoy the blog, but sometimes I DO have to get some work done. LOL.

Nice weekend up here, looking forward to ski season towards the end of the month. Heading over the a cabin on the “Blue Ridge Mountain Pkwy” this weekend for the Change of season’s; Peak is this weekend. I’ll post pictures for you to see.

I am waiting for new data to come out for my next set of posts. I am here, just don’t have much new to say.

I hope everyone is well in SoFla…Very Sad about the family shot with two small boys, just very sad.

By jonny

October 19, 2006 08:44 AM | Link to this

By jonny

October 19, 2006 09:24 AM | Link to this