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drunkle.
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November 14, 2007 at 8:48 AM #10898November 14, 2007 at 8:51 AM #99260
(former)FormerSanDiegan
ParticipantHere’s the link to the U-T article.
http://www.signonsandiego.com/news/business/20071114-9999-1b14prices.htmlBack in Aug 2006, PD came VERY close to predicting the catch phrase used by the agent in the article. PD came up with “Buying time in 2009”. Where have you gone, PD ?
November 14, 2007 at 8:51 AM #99344(former)FormerSanDiegan
ParticipantHere’s the link to the U-T article.
http://www.signonsandiego.com/news/business/20071114-9999-1b14prices.htmlBack in Aug 2006, PD came VERY close to predicting the catch phrase used by the agent in the article. PD came up with “Buying time in 2009”. Where have you gone, PD ?
November 14, 2007 at 8:51 AM #99337(former)FormerSanDiegan
ParticipantHere’s the link to the U-T article.
http://www.signonsandiego.com/news/business/20071114-9999-1b14prices.htmlBack in Aug 2006, PD came VERY close to predicting the catch phrase used by the agent in the article. PD came up with “Buying time in 2009”. Where have you gone, PD ?
November 14, 2007 at 8:51 AM #99323(former)FormerSanDiegan
ParticipantHere’s the link to the U-T article.
http://www.signonsandiego.com/news/business/20071114-9999-1b14prices.htmlBack in Aug 2006, PD came VERY close to predicting the catch phrase used by the agent in the article. PD came up with “Buying time in 2009”. Where have you gone, PD ?
November 14, 2007 at 9:09 AM #99345pencilneck
ParticipantIt’ll be better to wait in 2008.
November 14, 2007 at 9:09 AM #99352pencilneck
ParticipantIt’ll be better to wait in 2008.
November 14, 2007 at 9:09 AM #99331pencilneck
ParticipantIt’ll be better to wait in 2008.
November 14, 2007 at 9:09 AM #99268pencilneck
ParticipantIt’ll be better to wait in 2008.
November 14, 2007 at 9:19 AM #99335patientlywaiting
ParticipantDo you think that owners have enough cash to “bide their time ’til 2009”?
I don’t think the the market would have recovered to previous highs by 2009 so it should be more like “walk now while you can.”
I would wait a couple of years past whatever date the mainstream media comes up with.
November 14, 2007 at 9:19 AM #99356patientlywaiting
ParticipantDo you think that owners have enough cash to “bide their time ’til 2009”?
I don’t think the the market would have recovered to previous highs by 2009 so it should be more like “walk now while you can.”
I would wait a couple of years past whatever date the mainstream media comes up with.
November 14, 2007 at 9:19 AM #99273patientlywaiting
ParticipantDo you think that owners have enough cash to “bide their time ’til 2009”?
I don’t think the the market would have recovered to previous highs by 2009 so it should be more like “walk now while you can.”
I would wait a couple of years past whatever date the mainstream media comes up with.
November 14, 2007 at 9:19 AM #99349patientlywaiting
ParticipantDo you think that owners have enough cash to “bide their time ’til 2009”?
I don’t think the the market would have recovered to previous highs by 2009 so it should be more like “walk now while you can.”
I would wait a couple of years past whatever date the mainstream media comes up with.
November 14, 2007 at 9:24 AM #99354patientlywaiting
ParticipantHere's what he said:
“Biding time till 2009” was the watchword from Mark Grinis, global real estate partner for the Ernst & Young accounting firm in New York.
“I would expect to see a recession sometime in midyear 2008,” he said, acknowledging that he has been described as the “dark cloud” among prognosticators for the past two years.
I totally agree with the recession part. 2009 might the right time for builders to look for land at rock bottom prices to get back in the business. Not so for home sellers or buyers.
November 14, 2007 at 9:24 AM #99360patientlywaiting
ParticipantHere's what he said:
“Biding time till 2009” was the watchword from Mark Grinis, global real estate partner for the Ernst & Young accounting firm in New York.
“I would expect to see a recession sometime in midyear 2008,” he said, acknowledging that he has been described as the “dark cloud” among prognosticators for the past two years.
I totally agree with the recession part. 2009 might the right time for builders to look for land at rock bottom prices to get back in the business. Not so for home sellers or buyers.
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