Owner: Housing Crash TV URL:http://housingcrashtv.blogspot.com Join Date: Sat, 18 Nov 2006 08:39:34 -0600 Rating:0 Site Description: The US housing market is crashing. Watch it happen. Site statistics:Click here
Where are the ugly people? 2007-04-10 18:49:00 Here is one of those foul 30 second condo ads, full of 19 year old gym bunnies and buffed up six-packs. At la Jolla condos, everyone works out and no one touches the burgers. Read more:people
Turn the music down..... 2007-04-15 17:44:00 Another wierd realtor ad - here some guy yacking on about working with first time buyers. However, his sales pitch is drowned out by some really irritating muzak. Anyway this realtor is going to "work your transaction" - what exactly does that mean?
If you wish upon a star.... 2007-04-15 17:39:00 Things are so bad with the US housing market that sellers have taken to wishing on falling stars.
The lead-hounds 2007-04-18 20:14:00 Here is an trade infomercial from Weichert. It explains how the company chases up home buyers for realtors. The key "take-away" from this clip is "don't let them get your phone number". If they do, these lead-hounds will hunt you down and eat you up. There is no escape from the "lead-incubators". You will close with a Weichert agent.
The real estate minute 2007-04-18 20:06:00 I couldn't figure out what these guys were selling. They seemed like realtors. They also seemed to be saying that real estate was overvalued, by pointing out that house prices are high, and incomes too low. At one point, they seemed to suggest that renting seems like a good option. So where are these guys going to make a living. I can't see too many 6 percent sales commissions coming out of this ad.
Stick to the numbers 2007-04-26 20:05:00 Here is some not-so-funny guy trying to get some laughs with the subprime market. However, he gets better once he dumps the jokes and starts providing some simple analsys of recent numbers. Read more:Stick
Clean up your credit score 2007-04-26 20:00:00 How can you check your credit
rating? In this clip, CNBC are offering some cheap advice on how to improve your FICO credit rating. The basic advice seems to be "pay your debts". So easy to say, so hard to do. Read more:Clean
The bubble has burst 2007-04-26 19:57:00 Here is another one of these angry homemade anti housing bubble youtube clips.Watch out for the colorful language.
Things must be really desperate 2007-05-03 20:25:00 Realtors must be desperate for sales. This is one of the crudest, stupidest ads for realtor services ever seen.
Realtor or politician? You decide 2007-05-08 19:58:00 When I first saw this ad, I thought it was for some local politician running for state office. However, a few seconds further into the clip, it becomes apparent that this is an ad for a realtor.There is something very odd going on here. We have a realtor, posing as a politician. However, Americans deeply distrust their politicians, and comparing your profession with glad-handing vote snatchers doesn't seem like a convincing sales pitch.There is only one conclusion that we can reach. Realtor
s are even more unpopular than politicans. The thought behind this ad that the realtor profession will take a step up on the trustworthiness ladder if it implicitly associates itself with the vote-grabbing promise breakers living in Washington.
Boys making movies 2007-05-06 21:00:00 I'm appalled by these do-it-yourself mortgage broker ads. The thought processes are so transparent. Most of these brokers are young men. They seem to think that the key to sales success is linking young partially clothed women with their mortgage products.They end up producing crude, lewd, and offensive commercials, which are almost certain discourage any female clients. These guys might be mortgage brokers, but I sense they would prefer to be making
specialist videos for an exclusively male clientele.BTW, check out the mixed message at the end of the clip. Spot the family photos on the desk, which happen to be pointing towards the camera and away from the broker. Read more:movies
Do you want to be a millionaire? 2007-05-09 14:02:00 Learn the secrets of success from a millionaire. Yes, it is Tom Vu, the Real estate genius. Just take Tom's profit seminar, and you can be just like Tom. Will be be financially independent for the rest of your life. No need to ask your boss for a raise again.Do you see yourself as a millionaire, then "have some guts", go to one of Tom's seminars. I wanna be rich for love, peace and happiness (whatever that means).
There will be no crash 2007-05-16 20:12:00 Is it fair to pull out what a broker said around 15 months and compare it with reality. Perhaps not, but we will do it anyway. This clip is from Susan Greenfield, vice president and associate broker with Brown Harris Stevens in Manhattan. At some point in the distant past, (probably late 2005 or early 2006) she was asked to give her views about the 2006 outlook. She had some strong views about the prospects of real estate crash
back then. "No way", she said, "no way will the market crash". Instead, the market would slow. Well, you were right about that Susan. Things certainly have slowed.However, Susan was being a little contradictory back then. One the one hand, she recognised that things had become a little crazy. Let she couldn't accept that prices might correct. Instead, Susan was content to think that things would just return to the 3-5 percent appreciations she had always known.I wonder what she thinks today.
Bubbles 2007-05-17 20:16:00 See, bubbles aren't so bad after all. Read more:Bubbles
More NAR rubbish 2007-05-21 13:58:00 Are you missing an opportunity? Call a realtor today. As sales slide, those poor realtors aren't making any money any more. Things are getting desperate. Read more:rubbish
Smack-down 2007-06-16 10:06:00 Housingheads versus the bubbleheads.Here we have some long-haired realtor type predicting 10 percent house price appreciation in 2007. However, his unbridled optimism about real estate smacks straight into Peter Schiff, who coolly explains why the housing market has a long way to go before it stabilises. Read more:Smack
Housing wave 2007-06-16 05:00:00 It is a tidal wave of "for sale" signs Read more:Housing
My house is worth how much? 2007-06-26 20:47:00 If ever there was a clip that illustrated the absurdity of the housing bubble, it is this one here. In this clip, we have a woman who bought a house for around $750,000, and needs some cash to renovate it. Along comes the home appraiser and tells her that after two years of ownership, the house is now worth $1.3 million. Furthermore, if she does a couple of quick and cheap repairs, the house's value increases to $1.6 million. At no point is this appraisal tested against the market. No, this appraisal is about a home equity loan. The whole thing is pure fantasy.
Where would we be without credit cards 2007-07-08 14:29:00 After watching this video clip, I started to feel sorry for students. Here are some horror stories about credit
card companies harrassing kids in university.Am I the only one who thinks that credit cards are evil?
Empire of debt 2007-07-08 14:24:00 Here is a nice clip on the horrors of credit card debt. Read more:Empire
A sign of the times 2007-07-08 02:22:00 Here is a 45 second silent movie about the current state of the housing market. Everywhere is for sale these days.
I laugh in your face 2007-07-08 01:54:00 Mortgage rates are spiking, defaults rising and and inventories at all time highs; as the man in this clip says "if anyone tells you that the housing market has bottomed out, you have my permission to laugh in his face".
The dangers of private equity firms 2007-07-08 01:40:00 This clip isn't about the housing market. Rather, it contains a stark warning about the dangers of private equity firms
. Today, perfectly good companies are being loaded up with debt in the pursuit of short term profit and tax advantages. If there is even a slight downturn in economic activity, many fine American companies will struggle. It is all so unnecesary.
Burning down the house 2007-07-11 10:00:00 Here is an excellent primer on subprime collatoralized debt obligations and why they have become so dangerous. Read more:Burning
The crash 2007-07-18 11:02:00 More housing crash
diagnostics. Where has all that talk of a "new era" gone? The danger is we are indeed slipping into a "new era"; one characterized by high interest rates, financial panic and recession.Is it different this time? It is never different.
California blame game 2007-07-18 10:55:00 The finger pointing has begun. Who is to blame for the housing crash? There are so many culprits it is difficult to choose. However, one name stands out: Alan Greenspan. Read more:California
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