Comments on: Give Me Price Discovery, But Not Yet http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html Redfin Corporate Blog Sun, 22 Nov 2009 20:09:04 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Short Sales Real Estate | Redfin Corporate Blog http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2907 Short Sales Real Estate | Redfin Corporate Blog Thu, 17 Apr 2008 15:53:06 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2907 [...] the whole cycle is a big waste of everyone’s time, which is one reason price discovery has been fitful and real estate markets take so long to recover: rather than sorting through what [...] [...] the whole cycle is a big waste of everyone’s time, which is one reason price discovery has been fitful and real estate markets take so long to recover: rather than sorting through what [...]

]]> By: Phil http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2734 Phil Sat, 01 Mar 2008 06:49:41 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2734 Bailout is such a nasty word. How about some means for borrowers and lenders to step away from the precipice together? In some areas, a high density of foreclosures could risk the depopulation of entire neighborhoods and, inevitably, the needless destruction of millions of dollars of housing stock. Empty houses are bad news for everyone, including the lender who ends up owning the property. A free market economy is not a suicide cult. BTW, most "free market" advocates ignore the fact that the US real estate market including the 30 year mortgage was largely created by government action in 1930s. The idea that our residential real estate market is somehow a creation of Adam Smith's invisible hand is simply a fiction. Bailout is such a nasty word.

How about some means for borrowers and lenders to step away from the precipice together? In some areas, a high density of foreclosures could risk the depopulation of entire neighborhoods and, inevitably, the needless destruction of millions of dollars of housing stock.

Empty houses are bad news for everyone, including the lender who ends up owning the property. A free market economy is not a suicide cult.

BTW, most “free market” advocates ignore the fact that the US real estate market including the 30 year mortgage was largely created by government action in 1930s. The idea that our residential real estate market is somehow a creation of Adam Smith’s invisible hand is simply a fiction.

]]> By: Adrian Salgado http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2711 Adrian Salgado Sun, 24 Feb 2008 07:34:45 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2711 Juan, I echo your sentiments. Juan, I echo your sentiments.

]]> By: There May Be Blood… | Redfin Corporate Blog http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2708 There May Be Blood… | Redfin Corporate Blog Sat, 23 Feb 2008 18:58:52 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2708 [...] Washington, D.C. « Give Me Price Discovery, But Not Yet [...] [...] Washington, D.C. « Give Me Price Discovery, But Not Yet [...]

]]> By: Juan http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2706 Juan Sat, 23 Feb 2008 03:37:17 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2706 I say let capitalism run it's course. All these people wailing for a bailout - would they have donated money for the common good had they made a profit? Why should they expect a bailout now that they are at a loss? I say let capitalism run it’s course. All these people wailing for a bailout – would they have donated money for the common good had they made a profit? Why should they expect a bailout now that they are at a loss?

]]> By: Glenn Kelman http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2704 Glenn Kelman Fri, 22 Feb 2008 05:50:06 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2704 Hey there, sorry about that Thor. We've connected directly with Thor and Noam, and handsome Redfin t-shirts will soon be headed their way... Hey there, sorry about that Thor. We’ve connected directly with Thor and Noam, and handsome Redfin t-shirts will soon be headed their way…

]]> By: Thor http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2703 Thor Fri, 22 Feb 2008 05:00:01 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2703 Thanks! But your email isn't apparent - I just sent my address to redfin feedback, hope that works Thanks! But your email isn’t apparent – I just sent my address to redfin feedback, hope that works

]]> By: Glenn Kelman http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2699 Glenn Kelman Thu, 21 Feb 2008 23:41:25 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2699 LET'S GET THESE GUYS A T-SHIRT!!! Please e-mail me your addresses and we'll hook you up. LET’S GET THESE GUYS A T-SHIRT!!!
Please e-mail me your addresses and we’ll hook you up.

]]> By: Noam Lovinsky http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2698 Noam Lovinsky Thu, 21 Feb 2008 23:26:50 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2698 "Give me chastity and continence, but not yet." - St. Augustine “Give me chastity and continence, but not yet.”
– St. Augustine

]]> By: Give Me Price Discovery, But Not Yet | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html/comment-page-1#comment-2695 Give Me Price Discovery, But Not Yet | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments Thu, 21 Feb 2008 20:48:07 +0000 http://blog.redfin.com/blog/2008/02/give_me_price_discovery_but_not_yet.html#comment-2695 [...] Give Me Price Discovery, But Not Yet, by Glenn Kelman. [...] [...] Give Me Price Discovery, But Not Yet, by Glenn Kelman. [...]

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