Katie, bar the door!
Doug Farmer statistics....
Jan 07
Listings Sold: 134
Listings Expired: 81
Avg Square Footage: 1937
Avg Days on the Mkt: 193
Avg Sale Price: $ 442,866.
Active Listings Jan 31: 1610
Dec 07
Af
Listings Sold: 103
Listings Expired: 252
Listings Pending: 126
Avg Square Footage: 2216
Avg Days on the Mkt: 196
Avg Sale Price: $ 439,598.
Median Sales Price: $ 339,000.
Active Listings Dec 31: 1809
Jan 08
Listings Sold: 94
Listings Expired: 100
Avg Square Footage: 2009
Avg Days on the Mkt: 179
Avg Sale Price: $ 387,897.
Median Sales Price: $ 307,500.
Active Listings Jan 31: 1881
Oh, shit. Katie, bar the door.
I was told by a friend today that my latest blogs have been too bleak.
But, hey, this blog was always about MY obsessions, and I never really expected that anyone else would find them interesting. So, after the initial freshness of it, (some idiot blogging about business without being overly secretive), I sort of expected people would lose interest. After all, how many people really have the time to spend on this shit as I do? I guess, anyone still reading can believe me when I say, I'm honest because, well, I never expected anyone to read this in the first place....
So, back to my obsessive issues....
I'm kicking myself for being a dumbass. I saw this *@^$^$ disaster coming, but didn't really believe it. I blogged all about it, and then didn't follow my own &%*%** advice.
I'll do O.K., Ill survive in the end, but I was really hoping to move beyond O.K. and simple survival.
Maybe I'll be lucky, and it will won't be so bad.
I remember looking at the savings and loan debacle, and thinking, oh, shit.
I looked at the 1987 stock market drop, and thought, oh, shit.
I looked at the Nasdaq collapse, and thought, oh, shit.
Somehow, in the end, they didn't seem to affect me all that much. Maybe this will be more of the same.
Nevertheless, I'm cutting expenses as quickly as possible. I normally hibernate this time of year, anyway. So I can sit back and see what happens. It's not too late.
Still...maybe it's time to adjust the ongoing odds of Armageddon again.
I think there is zero chance (rather than 10%) that we'll skate.
I think there is a 35% chance we're looking at a disaster of mid--1980's--Bend-- proportion. (rather than 10%, or a later guess, of 20%).
And that leaves a 65% chance of a downturn, of which I believe most will be in the higher percentile of disaster.
Like I said.
Oh, shit.
Doug Farmer statistics....
Jan 07
Listings Sold: 134
Listings Expired: 81
Avg Square Footage: 1937
Avg Days on the Mkt: 193
Avg Sale Price: $ 442,866.
Active Listings Jan 31: 1610
Dec 07
Af
Listings Sold: 103
Listings Expired: 252
Listings Pending: 126
Avg Square Footage: 2216
Avg Days on the Mkt: 196
Avg Sale Price: $ 439,598.
Median Sales Price: $ 339,000.
Active Listings Dec 31: 1809
Jan 08
Listings Sold: 94
Listings Expired: 100
Avg Square Footage: 2009
Avg Days on the Mkt: 179
Avg Sale Price: $ 387,897.
Median Sales Price: $ 307,500.
Active Listings Jan 31: 1881
Oh, shit. Katie, bar the door.
I was told by a friend today that my latest blogs have been too bleak.
But, hey, this blog was always about MY obsessions, and I never really expected that anyone else would find them interesting. So, after the initial freshness of it, (some idiot blogging about business without being overly secretive), I sort of expected people would lose interest. After all, how many people really have the time to spend on this shit as I do? I guess, anyone still reading can believe me when I say, I'm honest because, well, I never expected anyone to read this in the first place....
So, back to my obsessive issues....
I'm kicking myself for being a dumbass. I saw this *@^$^$ disaster coming, but didn't really believe it. I blogged all about it, and then didn't follow my own &%*%** advice.
I'll do O.K., Ill survive in the end, but I was really hoping to move beyond O.K. and simple survival.
Maybe I'll be lucky, and it will won't be so bad.
I remember looking at the savings and loan debacle, and thinking, oh, shit.
I looked at the 1987 stock market drop, and thought, oh, shit.
I looked at the Nasdaq collapse, and thought, oh, shit.
Somehow, in the end, they didn't seem to affect me all that much. Maybe this will be more of the same.
Nevertheless, I'm cutting expenses as quickly as possible. I normally hibernate this time of year, anyway. So I can sit back and see what happens. It's not too late.
Still...maybe it's time to adjust the ongoing odds of Armageddon again.
I think there is zero chance (rather than 10%) that we'll skate.
I think there is a 35% chance we're looking at a disaster of mid--1980's--Bend-- proportion. (rather than 10%, or a later guess, of 20%).
And that leaves a 65% chance of a downturn, of which I believe most will be in the higher percentile of disaster.
Like I said.
Oh, shit.