Why the lack of reported sales volume then? If we are off from 2006 sales volume numbers, the market can’t be that strong. My neighborhood is a nice one and prices and volume are down quite significantly from 2004-2005 frenzy.
On a side note, my landlord just upped the rent on me(SFR in Poway district, 2400 square feet)…I’ll pay $35 more a month for the next eighteen months (roughly 2% more than I’ve been paying for the last three years with no increase) so I hope I can afford it. Just kidding!!! Cannot believe I have it so good;-)
Finally…. more and more bubble deniers have been coming to these forums the last few weeks, with many more re-surfacing daily. Considering they are all saying things to the effect of “I told you so”, I’d consider it a good indicator that we are NOWHERE near through with getting to the bottom of the “bust” phase of this cycle. The longer you come back to us and say “see? things are picking up”, the more I know I have made the right decision in re-newing my lease for another 18 months. Thanks for the ongoing confirmation!
