Macro vs Micro. I think the basic difference here is, I have a different view, than most on this board. I am looking at the overall Southern California Real Estate Market and things that are happening at the National Level such as credit tightening,foreclusures, REOs etc, and most here are looking at just, San Diego. I work full time as science teacher and don’t have the luxury of following every single thread here. Sorry. If there is something I am thinking about, than I am going to share it. And because I happen to be extremely bearish on the health of the market, you think I am expecting your agreement. I could care less if you agree or don’t agree. I watch trends, make observations, present data and form conclusions. Plain and simple. If you are just concentrating on an isolated market, than you aren’t seeing the big picture. And the big picture seems pretty bleak, In my opinion. I am not here to argue with anyone. I encourage others opinions, but am getting tired of all the accusations. I choose to be a part of this forum, and NOBODY else here, has the right to think they are the authority. An Internet forum is a form of social discourse, and if you take offense to what I have to say, than go somewhere else. Period.
My prediction, is that we will witness serious volume declines this month in all 3 counties, across the board. The median may drop as well, but is incidental, as the numbers can be skewed.
What is your prediction? Step up to the plate and tell us what you think about the marketplace.
