By Captain Condo Pizow

January 29, 2008 12:45 PM | Link to this

If you put anything up for sale in downtown WPB, the Guatamalans will buy it (see “The Prado, The Strand ect). The Guats are buying the Esperante and converting the offices into condos. Also, there is a rumor they will have a spanish supermarket on the ground floor with a taquiera.

By Marcus B

January 29, 2008 1:51 PM | Link to this

Isn’t Captain Condro a nice example of the way we should aspire to live? Bigots are still alive and well.

By Cap'n Condo King Pizow

January 29, 2008 2:08 PM | Link to this

Me, a bigot? The only thing big around here are Guatamalan wallets and bankrolls. By the way Marcus, does B. stand for burrito?

By 12-Year Low

January 29, 2008 2:12 PM | Link to this

Sales of New Homes Drop to a 12-Year Low.

U.S. new-home sales tumbled last month to their lowest in 12 years, and prices fell sharply.

Last month’s new-home sales were down 41% from a year earlier.

The median price of a new home fell by 10% in December.

http://online.wsj.com/article/SB120153186507922139.html?mod=googlenews_wsj

By TO 12-Year Low

January 29, 2008 2:32 PM | Link to this

Thank you, 12 Year Low (is that a Chinese name?). That IS indeed excellent news for existing homeowners like me.

I watch all the noise from the renters who think they are finding something to hurt homeowners when they spout statistics showing PBC as one of the few “pockets” in the country with noticeably lower sales prices on houses. They are not doing anything.

While I have heard all the noise, I have kept paying my monthly “rent” just exactly as the renters have. But in the past two years I have paid off thousands of dollars of my mortgage and am that much closer to owning the house free and clear.

Although I have a fixed rate loan, those with ARM’s adjusting this year may have hit the jackpot, especially if we get another half point cut from Banker Bernanke.

Property owners are secure, comfortable, and able to pity the poor fools who think we are somehow suffering.

By Cap'n Condo King Pizow

January 29, 2008 3:43 PM | Link to this

hurry before the Guats buy all the condos downtown! Im must be crazzzy giving away these condos for pennies on the dollar. -Cap’n Condo King Pizow

By R.I.P. Blog

January 29, 2008 4:37 PM | Link to this

ALL that’s left of this blog now are the pure idiots like Pizow and HA HA who have absolutely nothing to contribute. No data, no knowledge, nothing but their stupid completely unsubstantiated opinions. I don’t have to hang around for that. At least with Fink we got some data for an argument.

By Curious

January 29, 2008 4:56 PM | Link to this

More:

http://online.wsj.com/article/SB120131419653418867.html?mod=todaysusmoneyandinvesting

By nemo

January 29, 2008 4:57 PM | Link to this

The properties we bought for $100,000. we are now selling for $300,000…whats the problem. People want out of this anti-American, pro-left, BS zone that the Palm Beach Post soooooo loves.

By I Like Mountains

January 29, 2008 5:22 PM | Link to this

I sold my WPB House, a year and a half ago, because I couldn’t afford the Property Insurance Rates any longer. I moved to a small town in Western N. C. Insurance rates for my N. C. house, which sits on a half acre,are a little over $ 400.00 a year. Compare that with the $ 3,700 rates that I would have paid, if I had stayed in my WPB House! Taxes are about $535.00. I bought the 1,200 sq. ft. Ranch Style House,in excellent condition, on the above mentioned half acre, for $78,000! I have to commute to work, just like I did when I lived in WPB. The climate is moderate, because of the Mountains that surround the area, and create an Isothermal Effect, making it 5 to 10 degrees warmer in winter than many surrounding areas. If you don’t believe that you can still buy a nice house, in a safe neighborhood, for under 80k, you can do a Google Search on Forest City, N. C. You might also look at the surrounding areas of Asheville, Hendersonville, and Charlotte; prices are much more expensive there. I feel that Forest City hasn’t been fully discovered yet,and that house prices here, won’t stay this affordable for very much longer.

By The problem is...

January 29, 2008 5:47 PM | Link to this

You can buy a house there for even less. The problem is: no white people except scumbags want to live there!

You see, Mountain Man, if we lived in North Carolina, we would have to live with people like…well, like YOU! Which means you couldn’t PAY us enough to live there, so it doesn’t matter how cheap the houses are. They should be even cheaper.

By now GO figger that

January 29, 2008 5:58 PM | Link to this

Nobody outside of Florida writes on this blog, except from North Carolina — and we ostensibly have half of that state writing here. How is that possible?

Answer: Rich R. That one f—— lunatic is most of the “people” from North Carolina writing to describe how wonderful it is living on the swampland that Rich R. just HAPPENS to be selling, by a remarkable coincidence.

By Curious

January 29, 2008 6:54 PM | Link to this

Forest City sounds like a real nice place to live.

We are a little over a hundred miles west and about 3000 feet higher than you, in another nice place.

Such as our options are, we only live there from April to November mainly because of the weather – Christmas being an exception.

Blathering distracters above are laughingly ignorant about the area and majority of current residents. Tis their loss, and I do not think we should do anything to advertise and get them to change their collective mind and move to the area.

Much prefer person to person word of mouth to known good folks who will blend into the existing culture and are increasingly much more educated.

Cheers!

By Go Figger That

January 29, 2008 8:47 PM | Link to this

Hmmm..a FLoridian calling North Carolina ‘SWAMPLAND’?? Talk about irony. Its also amusing seeing Floridians poking fun at the people and culture in other states. As if Florida represents the epitomy of cultural evolution. Puhleeeze! I would hardly consider whiny ex-New Yawkas griping about bad delis, and wo-awwking their do-awwgs and drinking their Ko-awwfee to be high culture. Nor would I consider public schools where English is the second language to be high culture either.

The ultimate ‘pot calling the kettle black’ is any Floridian making fun of North Carolina culture.

Concerning rednecks… Loxahatchee? Royal Palm? The Acreage? By the way, the ultimate redneck rock band Lynard Skynard are from FLORIDA, not Alabama, or Carolina.

Biomed research: the Research Triangle in NC is world renown. Whereas, Scripps (chuckle) was largely based on a developers pipedream. Where are those Scripps labs again? How many jobs have been created?

If there ever was a state that had no business criticising other states concerning culture and demographics, its Florida!

By Florida High Culture

January 29, 2008 8:56 PM | Link to this

Whoops- I forgot the other main contribution Florida has made to society and America Culture… Drunken out-of-control Spring Breakers, and wet T-shirt contests! Hail Florida Culture!

Oh, cant forget trailer parks! Despite the stereotypes, there are more trailer parks in Florida than in the Carolinas by far!

By NO WONDER!!!

January 29, 2008 10:03 PM | Link to this

Curious is a North Carolina redneck???

No wonder he is SO F**KING STUPID!

To the other a*****e above: give my regards to the Klan.

You are the pariahs of the nation. Why do you think it costs half as much to buy a house there as anywhere civilized? Why do you think the same hotel chains charge 1/4 as much in NC as in Florida?

White trash.

By Finkie and Maxi ... COME BACK

January 30, 2008 1:26 AM | Link to this

This was really a blog when Fink and Max used to duke it out. Each came prepared with facts, each cited their sources of data, and each frequently gave links to the data they used. What a difference from morons like HA HA or Pizow just farting out their groundless opinions with no knowledge or study behind them. All the adolescent “attitude” in the world won’t make up for a bit of actual knowledge and research.

By E. Murray

January 30, 2008 8:37 AM | Link to this

Every state has its rednecks and its problems. Every state has its positives as well. NC does have an extraordinary number of colleges and universities and a country club attitude that could outdo Palm Beach’s. But I’d like for Florida’s transplants to present and maybe even learn to have a happy and positive attitude and maybe so many wouldn’t be headed up to NC where people actually like each other and have fun.

By E. Murray

January 30, 2008 8:38 AM | Link to this

Every state has its rednecks and its problems. Every state has its positives as well. NC does have an extraordinary number of colleges and universities and a country club attitude that could outdo Palm Beach’s. But I’d like for Florida’s transplants to present and maybe even learn to have a happy and positive attitude and maybe so many wouldn’t be headed up to NC where people actually like each other and have fun.

By NEWS ALERT

January 30, 2008 9:00 AM | Link to this

Mike Fink is losing it on the sunsentinel over the passed portability issue.

By Michael Fink

January 30, 2008 10:41 AM | Link to this

I’m still here. I am just waiting for someone to make an intelligent argument to engage on. Max and I love to bludgeon each other, but frankly, there’s really not much new data to work from. SOH portability passed today; that is an AWFUL idea. Just what this market needs, a lockout of first time buyers. Don’t these idiots realize that an inventory problem is solved by NET NEW buyers, not by all those with homes swapping them back and forth? I am sure the Realtors will be very happy for a few months, and the sales volume will go up for a time. Then, we will be left with exactly the same problem we had before, 40-60 months of inventory, and not enough qualifed buyers to plunk down 300K+ on a starter home.

By TO E Murray

January 30, 2008 10:42 AM | Link to this

Perhaps I should find your “country club” Mr. Murray, but I have to visit Raleigh half a dozen times a year on business, and all I find is the cast of characters from “Deliverance,” and once in a while a cop or bartender who is kind enough to advise me that I ought to consider leaving an establishment for my own safety, given the presence of members of a popular local organization. This is the 21st century and this is what I face in North Carolina. Don’t you dare say it’s not so.

By easyasabc

January 30, 2008 10:50 AM | Link to this

Amendment #1 passes by a 2 to 1 vote…..I can imagine what Fink is saying over at the Sun-Sentinel…..if we hear about a guy jumping off a 20 story building, and ending up like a broken bottle of Prego spaghetti sauce….then that was Mike Fink……now comes the lawsuits and court injunctions to stop this amendment of becoming a law……..only lawyers will make the money out of this……..we saw the last of Rudy and Edwards……and looks like many of the old military farts and Warhawks want to go the “Gates of Hell” with McCain as president…….I hope you will all enjoy watching your grandkids come back in coffins or with missing limbs from future wars that will be fought over oil in Venzuela or in Iran………..

A new bussiness associate was telling me about North Carolina…..he lived there for over 15 years….he said these comments about NC…..

NC natives DO NOT like Yankees or people who move from Florida….

NC natives will make all outside people’s lives miserable….

It is easy to buy in NC…and very hard to sell…..NC realtors will make Yankee homeowners sell for much less than what they bought their property for…..

the KLAN is very much alive in NC….

It is true we have Rednecks in our area here…..just take a ride out west, and you will meet some of the dumbest people in your life…..their kids can’t even tell the name of the ocean off our coastline….or what state they are in…..then again, you have some really dumb New Yorkers over at Century Village…..anyone see them talk last night on the news????……what a waste of real estate over off of Okeechobee…..Could be a great location for a new sports stadium or casino resort!………here is a historical fact….when Century Village open, they had actor Red Buttons come in and promote the retirement community…..

Please update us on the funniest lines that Fink is saying about the amendment vote……..I bet Rich R. does not know this fact about North Carolina….it is legal to turn around, bend over and show your a*s off as a greeting in North Carolina……I S**t You Not……

In South Carolina….two high school black kids were kicked out of school for kissing on the bus……this is the state that flies the Confederate Flag at their state capital…..and also hates Yankees…..

There is a new residential community being built off of US 441 and Okeechobee….it called “Porto SOL”….translation is “S**t Out A Luck Port”…….we will need a trailer sales report of how good the cookies are and if the sales girls have nice legs from Jeff O…….

Besides Wet T-shirt contests and Spring Breakers, Florida contributed other high notes in American Culture…..We are known for two famous TV series….Miami Vice and CSI:Miami…..we started Gun & Knife Shows…..Glassbottom boats….Mickey Mouse…..Horse Racing in the Wintertime…..we created bad driving habits…….boat people built Little Havana…..Jimmy Buffet & Magaritaville….thong bikini thong Hot Dog vendors…..btw, I wonder what happen to Gloria Gonzalez, Queen of the weenie vendors??????….. we known as people who cannot vote for a president….and the hanging chad….. a place to escape from creditors and hide under bankruptcy protection laws….and we are home for O.J…….what else can I add here?????……oh yes, we also have Fink and RCA and other “have nots”……

it is a very nice day….sunny, in the 70’s……not cold like up north….even NC has lots of rain in the those mountains…..at least that rain fills up their drinking wells…..and put out those underground chemical fires they have in their hills……..my mouth is very dry, and I need a drink of water…..I am on medication….helps me calm my nerves…..those bastards took all of my suits and my tv…….that is all today….because my mouth is very dry, and I need a drink of water…..just Respect My A*s….My A*s you Should Respect…..and we all should have a good time in the future here.

Did anyone buy or sell this past week??????

Don’t you hate it when those blogs repeat themselves 3 to 5 times over?????

I have to go now, my mouth is very dry and I need a drink of water……

easyasabc

By Countdown

January 30, 2008 1:05 PM | Link to this

The countdown is over. I bought last week.

By To Countdown

January 30, 2008 4:14 PM | Link to this

Did you just buy a property?

Congratulations!

With another half point knocked off the prime rate today, your timing might be brilliant!

By ChicagoProphet

January 30, 2008 10:29 PM | Link to this

I amaze myself sometimes. Two days ago I proclaimed McCain as the preferred Republican candidate over Romney. Romney may present a better facade, and say things the masses want to hear, but McCain is a straight shooter. I’ll take old but honest, over a charismatic spinner.

Obviously, more of Florida agrees with me than disagrees. But then, I often see the truth thru the facades before most of the crowd following sheep do. Back in 2004, I remember a sense of impending doom upon reading the banners announcing the construction of 610 Clematis. I was shocked at the prices. I remember the wording. “Luxury 1,2,and 3brm condos starting from the high $200s” I couldnt believe such outrageous prices for a lousy 1brm condo on the edge of the hood. I thought, “No way. This will be a financial disaster for sure!”

IN fact, I remember complaining that the whole housing market is out of control, and prices are rapidly heading out of reach to all but the wealthiest. If prices don’t receed back to realistic levels, we are in danger of becomming just like much of Latin America, or South Africa. Where only the wealthiest can afford homes, while the masses dwell in shanty towns, or squat in some of the thousands of empty homes and condos.

More recently, I made a prediction concerning the new luxury condo buildings and developments in downtown West Palm Beach, and the various recent condo developments in the Palm Beach Lakes vicinity.

Within the next ten years, all ofthese condo developments will gradually transform into exclusively rental properties. With each unsellable unit being rented out, the value of the surrounding units drop. Thus, speculation condos that are already nearly impossible to sell now, will become completely unsellable.

While a few years ago the trend was converting 20 year old apatment complexes into condos, soon it well be reversed. 610 Clematis, the Prado, One City Plaza, and all the other condo clones will be forced to convert to rental apartment buildings. No one wants to be the sole owner paying HOA fees and taxes, amidst a floor of renters living in the same building for less than half the price.

I was right about McCain. I was right about condos in West Palm Beach, and the collapse of the housing market in general. I will be right about all those condo buildings converting to all rentals.

One more proclamation. Now is NOT the time to buy! When house prices get back down to where they should have beenaccording to normal inflation from what they were priced at in 2000, THAT will be the time to buy.