tag:blogger.com,1999:blog-33702370.post116182059736228787..comments2023-09-16T05:32:26.647-05:00Comments on Satellite Sky: News from a Foreclosure AttorneyOkieLawyerhttp://www.blogger.com/profile/17071917464425173379noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-33702370.post-75041621046301910102006-10-31T06:24:00.000-06:002006-10-31T06:24:00.000-06:00The difference is that there has been very little,...The difference is that there has been very little, if any, bubble here in the first place. The markets that have crashed were out of control. This one got hot, and maybe even a wee bit overheated, but lack of hoardes of outside investors kept things from going loony. There were some speculators that came in, but not enough, I don't think, to cause severe ptoblems. Also, home prices here are so Erudite Redneckhttps://www.blogger.com/profile/04830721195868387265noreply@blogger.comtag:blogger.com,1999:blog-33702370.post-54726267626780150492006-10-30T22:09:00.000-06:002006-10-30T22:09:00.000-06:00Redneck:
Thanks for dropping by. Part of me hope...Redneck:<br /><br />Thanks for dropping by. Part of me hopes you are right, but, on the other hand, the conventional wisdom is that Oklahoma follows the coasts by about 2-3 years.<br /><br />And, for that matter, even with the record profits the local oil companies are making, I am not seeing the hiring of higher wage workers that we would expect from the financial windfall they have received inOkieLawyerhttps://www.blogger.com/profile/17071917464425173379noreply@blogger.comtag:blogger.com,1999:blog-33702370.post-35500558620013568122006-10-30T20:29:00.000-06:002006-10-30T20:29:00.000-06:00Um, if home prices in OKC dropped 10 to 20 percent...Um, if home prices in OKC dropped 10 to 20 percent next year, that would be the worst crash here since the oil bust. I don't see it happening, myself. I see'em stayin' flattish until next summer, then I see it straightening out. Those industrial jobs being lost are important, of course, and they won't be replaced. But there are even higher-paying jobs bring created in tech sectors and education, Erudite Redneckhttps://www.blogger.com/profile/04830721195868387265noreply@blogger.comtag:blogger.com,1999:blog-33702370.post-1161889289171360272006-10-26T14:01:00.000-05:002006-10-26T14:01:00.000-05:00You might get a better deal in two years. The prob...You might get a better deal in two years. The problem, from what I've read, is that developers are still trying to finish houses already started. Those houses will be added to the pool of unsold houses available today. If there's been any new construction in OKC (and I'm guessing that there has been), there will be a large pool of homes to choose from and desperate sellers.Terihttps://www.blogger.com/profile/13382050215676302342noreply@blogger.com