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An Insider's Guide to North San Diego County's Coastal Real Estate
Jim Klinge, broker-associate
858-997-3801
klingerealty@gmail.com
Compass
617 Saxony Place, Suite 101
Encinitas, CA 92024
Klinge Realty
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Jim Klinge
Cell/Text: (858) 997-3801
klingerealty@gmail.com
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011


Posted by on Aug 16, 2009 in Contests | 6 comments | Print Print

Chargers Contest Review

Thanks everyone for participating in the contest for Chargers playoff tickets!

Here are the finalists for best explanation, and winner of four Padres tickets vs. Cardinals:

#4, from JK:

Positives
1) Fannie Mae loans will still be available
2) Stimulus money will inject some money
3) Some people will ‘feel rich’ with the Dow over 9,000
4) Most people still dont understand that it may be easier to walk away
5) Lots of people in SD made money off real estate; once you start, it’s hard to stop

Negatives
1) Banks are drawing a harder line on mods
2) There is a lot of meat left to grind into sausage (foreclosure pipeline)
3) Double dip recession starts when clunkers ends

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#3, from doughboy:

Nice round number, no scientific or mathematical wizardry used what so ever!

Lets just call it 1000 12 packs!

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#2, from mybleachhouse:

There isn’t much for sale now and don’t see much on the horizon. This supposed tsunami that is going to hit is looking more and more like an ankle slapper.

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#1, from JordanT – THE WINNER   (lack of seasonality, and similar to today’s market)

Seasonality is not a major factor in this market as the buyers are investors and first time home buyers (very similar dynamic to last fall). The number of distressed sellers will stay about the same as well, since there doesn’t seem to be much seasonality to NODs/NOTs. Congress will at least extend the $8,000 housing credit, with a chance of making it $15,000 to anyone.

Therefore, the market is going to be very similar to what it is today.

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Here’s the link to the original post:

http://www.bubbleinfo.com/2009/08/chargers-contest/

The summary of guesses in the comment section below.

6 Comments

  1. Guesses:

    1 – SJ
    2 – Matt in Colorado
    7,123 – mybleachhouse
    8,100 – CA renter
    8,401 – Wes
    8,422 – Francois Caron
    8,457 – Nathan
    9,200 – Kingside
    9,233 – The Blur
    9,350 – Rent is the new HOA
    9,472 – garbler
    9,731 – Geotpf
    9,732 – UCGal
    9,800 – Timeye
    9,999 – Del Sur Renter
    10,082 – New_Renter
    10,200 – sdduuuude
    10,450 – Mozart
    10,500 – greenlander
    10,501 – Sue
    10,561 – 3clicks to the beach
    10,600 – REB
    10,925 – dwr
    10,938 – sperlyjinx
    11,100 – David
    11,400 – hillcrest
    11,457 – Genius living at Qualcomm
    11,500 – JordanT
    12,000 – doughboy
    12,100 – KO
    12,125 – Dwalla
    12,323 – Al in IC
    12,345 – Rob Dawg
    12,420 – Neil Diamond
    12,499 – Alex SD
    12,545 – tobias
    12,567 – Skeet
    12,750 – Dacounselor
    13,011 – Don Q
    13,125 – OVCVulture
    13,131 – RBRenter
    13,215 – Myriad
    13,299 – Susie
    13,420 – Kook1315
    13,457 – Jack
    13,589 – Nate TG
    13,666 – 4sRenter
    13,717 – SDcop
    13,811 – aljanet
    14,251 – JK
    14,367 – Harvey
    14,388 – dejams
    14,450 – mtb
    14,520 – KKertzman
    14,637 – Justabroker
    14,752 – Knockout
    15,000 – Neil
    15,115 – sdny
    15,217 – BAM
    15,250 – Big E.
    15,999 – Pigpen
    16,000 – chrisL
    16,250 – susanunit
    16,349 – SFrench
    16,500 – tj and the bear
    16,777 – cccactii
    16,998 – Michael S
    17,004 – bobfather99
    17,500 – sdnerd
    17,500 – pepsi
    17,850 – Gunny
    17,855 – Kelja
    18,000 – Sol
    18,235 – CVman
    18,333 – gywright
    18,562 – MDS
    19,007 – JAP
    19,312 – FreedomCM
    20,000 – propertysearch
    21,000 – GG
    21,342 – Carlsbad Renter

  2. Congrats SJ. I was waaaaaaay off.

  3. (See Comments #54 (Rob Dawg) and #60 (JtR) in JtR’s original contest post for important facts)

    Whaaat??? *Chuckle* JordanT is the winner? Rob Dawg or I didn’t win?

    *Pleading* Com’on JordanT, the least you can do is take one for the bubbleinfo team! Now we don’t get the chance to hear a terrific JtR story on what happened at the Charger game.

    Seriously, congrats, Jordan, on the win!

  4. I won the side bet to the Padres, so there’s definitely still a chance for a Rob Dawg/JtR News at 11 story this winter. I will make a note that last year at around this time I predicted more NOT’s than sales and was completely wrong. Maybe I’m just always wrong, but since I said everything will be the same the opposite of that is everything staying the same. Something to think about 🙂

  5. “Congrats SJ. I was waaaaaaay off.”

    I thought it was like the price is right where the winner is closest to the mark without going over.

    Unfortunately, Matt in Colorado screwed me!

  6. Is it too late to play? If not, my guess is 6,999.

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