LuckyInOC Thanks for posting those numbers!
Numbers like those are what guide my opinion on the market, not a fanatical bear outlook, as some would have the forum believe. It’s nice to see data. Some on this forum seem to think data and facts indicate a losing argument (I disagree) others like to ignore and pooh-pooh the data and fail to provide any of their own, just opinions (which are like something else we all have).
Isn’t it funny, the arguments. The data screams “watch out below” the numbers on every level are too ugly to comprehend so the Bulls gotta pull out “data and rationale = wrong, anyone not buying my ”bottom is in” call is an fanatic irrational Uber-Bear, and I know someone who did/is doing this or that, one of my neighbors blah blah, blah.
Can’t wait to see how they discount your data.
For the RealtyTrac haters I offered up a new data source called RealQuest : (I’m not married to RealtyTrac (that’s dumb), just data.)
• Used by 9 of the top 10 lending institutions
• Updated daily
• County records direct from the source
What sort of response do we get:
1) Thanks for new data source…… debate on actual data ensues.
2) Just ignore it and keep beating the worn out drum my speculation or “expert” (TIC) opinion, or what I’m seeing on the streets, I’m making a killing, etc. outweighs silly data..
TG, I never brought Temecula data into this. I’ve been posting on SD; your example is Temecula and is another argument. Only the most undesirable areas of SD have seen TV kind of drops. Do you believe the realtor and agree there will be no next leg down for SD?
Hey SDrealtor why do you have a RealtyTrac account if you don’t trust their numbers?