[quote=sdrealtor][quote=svelte][quote=sdrealtor]Anyone selling broad based predictions in RE is throwing lots of sh@t at the wall hoping somehting sticks. RE is about making good decisions and beating the market. [/quote]
Doesn’t the first sentence make the second sentence a crap shoot?[/quote]
Life can be a crap shoot but ignoring the pundits and focusing on the details and data one can make better decisions[/quote]
Oh I definitely listen to the pundits with a great deal of skepticism. But I think sometimes they enlighten me, or remind me, of long term trends I may forget in the day-to-day battleground of life.
And while all real estate is local, long term national trends certainly affect local real estate to some degree. I think his point of baby boomer downsizing is worth considering, as are the effects of 6 month and 12 month forbearance and how homeowners might react. Given the pent-up demand in San Diego, these events may have less effect on SD home prices than elsewhere in the nation, but they are worth keeping in mind.
Some of us on here do have real estate in other locations.
