Tuesday, April 8, 2008

Vincent Bindi

Vincent Bindi, Broker / Bottom-Caller
You gotta give this guy credit; he consistently calls the bottom... every year. LOL

2007-02-26: South OC Real Estate Market looking better and better!
As we stated in a previous article several weeks ago ( Orange County market is Alive Again ), it is our opinion that the downward pricing is coming to an end here in south Orange County. If we haven't already reached the bottom of the downward pricing cycle, then we are very close to the bottom. How can I be so confident you may ask ? Well as they say, it's all in the numbers.

2008-04-04: Pricing bottom ‘getting close,’ South O.C. agent says
South Orange County real estate blogger Vincent Bindi reported recently what we’ve been hearing from a number of O.C. real estate agents: signs that the local housing market is starting to pick up a tic from the moribund doldrums that hit following the late-summer credit crunch. Specifically, many agents speak of rising escrows amid falling prices, with some bidding wars erupting.

Bindi, an agent with Keller-Williams Realty who regularly analyzes South County housing numbers, picked up that trend as well. He cites rising escrows and stable inventories, while projecting that prices will drop about 10% more.

Some random comments from the '08 article...

svvandal Says: April 4th, 2008 at 1:00 pm
“He tried calling the bottom in February 2007 and look what’s happened since then.”
ha ha! nice find! that is hilarious.
real estate is always a great investment when your income depends on rising markets and sales.

ACAmerica Says: April 4th, 2008 at 1:03 pm
shockg, stop your whining. The guy is lying. He should be arrested.
These types threats to America besides a threat to your pocket book.
The pigmen shall be hunted and strungup as all hunters do.

Mick Says: April 4th, 2008 at 2:37 pm
AS IF we are going to hit bottom soon and the start going back up! Ha!

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