- This topic has 45 replies, 7 voices, and was last updated 16 years, 10 months ago by
cr.
-
AuthorPosts
-
April 29, 2008 at 8:45 AM #12592April 29, 2008 at 8:52 AM #196041
gdcox
ParticipantDecline from peak is more important than since year ago. Can you put them up Fearful
April 29, 2008 at 8:52 AM #196159gdcox
ParticipantDecline from peak is more important than since year ago. Can you put them up Fearful
April 29, 2008 at 8:52 AM #196119gdcox
ParticipantDecline from peak is more important than since year ago. Can you put them up Fearful
April 29, 2008 at 8:52 AM #196097gdcox
ParticipantDecline from peak is more important than since year ago. Can you put them up Fearful
April 29, 2008 at 8:52 AM #196072gdcox
ParticipantDecline from peak is more important than since year ago. Can you put them up Fearful
April 29, 2008 at 9:07 AM #196077Fearful
ParticipantSure thing. Nominal:
(L M H A)
-31% -26% -17% -24%Deflated by US-CPI:
vs. peak
-36% -31% -22% -29%YoY
-30% -24% -16% -22%MoM
-4.4% -4.1% -3.0% -3.9%The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal:
-40% -38% -28% -36%Real:
-42% -40% -31% -38%April 29, 2008 at 9:07 AM #196046Fearful
ParticipantSure thing. Nominal:
(L M H A)
-31% -26% -17% -24%Deflated by US-CPI:
vs. peak
-36% -31% -22% -29%YoY
-30% -24% -16% -22%MoM
-4.4% -4.1% -3.0% -3.9%The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal:
-40% -38% -28% -36%Real:
-42% -40% -31% -38%April 29, 2008 at 9:07 AM #196104Fearful
ParticipantSure thing. Nominal:
(L M H A)
-31% -26% -17% -24%Deflated by US-CPI:
vs. peak
-36% -31% -22% -29%YoY
-30% -24% -16% -22%MoM
-4.4% -4.1% -3.0% -3.9%The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal:
-40% -38% -28% -36%Real:
-42% -40% -31% -38%April 29, 2008 at 9:07 AM #196163Fearful
ParticipantSure thing. Nominal:
(L M H A)
-31% -26% -17% -24%Deflated by US-CPI:
vs. peak
-36% -31% -22% -29%YoY
-30% -24% -16% -22%MoM
-4.4% -4.1% -3.0% -3.9%The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal:
-40% -38% -28% -36%Real:
-42% -40% -31% -38%April 29, 2008 at 9:07 AM #196123Fearful
ParticipantSure thing. Nominal:
(L M H A)
-31% -26% -17% -24%Deflated by US-CPI:
vs. peak
-36% -31% -22% -29%YoY
-30% -24% -16% -22%MoM
-4.4% -4.1% -3.0% -3.9%The decline really took off beginning last August. I guess that should not be a surprise. I wonder what full year August numbers will show.
If you annualize the monthly declines, the numbers are truly awful.
Nominal:
-40% -38% -28% -36%Real:
-42% -40% -31% -38%April 29, 2008 at 9:26 AM #196082Trojan4Life
ParticipantFinally…some sanity
Please don’t take this as ill-will toward those who bought at the peak, as I very nearly was one who did and just couldn’t stomach the burden or crazy terms, but this is the best news for our economy that we could have gotten this week, in my opinion.
Now, bad news about the market certainly isn’t going to get people out there buying homes, nor is it going to stop the hemmorage in sales and pricing, but it is evidence that the free-market is doing what is should do, regardless of our government’s attempts to counter it.
I told my wife 3 years ago we were going to have to leave California if we ever wanted to buy a home in a “decent” neighborhood with good schools. That has now changed, and I can now afford what someone with my salary should be able to afford. I will not buy until next summer at the earliest because I still think the market is inflated 15-20%, but we’re definitely heading in the right direction.
Trojan4life
April 29, 2008 at 9:26 AM #196107Trojan4Life
ParticipantFinally…some sanity
Please don’t take this as ill-will toward those who bought at the peak, as I very nearly was one who did and just couldn’t stomach the burden or crazy terms, but this is the best news for our economy that we could have gotten this week, in my opinion.
Now, bad news about the market certainly isn’t going to get people out there buying homes, nor is it going to stop the hemmorage in sales and pricing, but it is evidence that the free-market is doing what is should do, regardless of our government’s attempts to counter it.
I told my wife 3 years ago we were going to have to leave California if we ever wanted to buy a home in a “decent” neighborhood with good schools. That has now changed, and I can now afford what someone with my salary should be able to afford. I will not buy until next summer at the earliest because I still think the market is inflated 15-20%, but we’re definitely heading in the right direction.
Trojan4life
April 29, 2008 at 9:26 AM #196051Trojan4Life
ParticipantFinally…some sanity
Please don’t take this as ill-will toward those who bought at the peak, as I very nearly was one who did and just couldn’t stomach the burden or crazy terms, but this is the best news for our economy that we could have gotten this week, in my opinion.
Now, bad news about the market certainly isn’t going to get people out there buying homes, nor is it going to stop the hemmorage in sales and pricing, but it is evidence that the free-market is doing what is should do, regardless of our government’s attempts to counter it.
I told my wife 3 years ago we were going to have to leave California if we ever wanted to buy a home in a “decent” neighborhood with good schools. That has now changed, and I can now afford what someone with my salary should be able to afford. I will not buy until next summer at the earliest because I still think the market is inflated 15-20%, but we’re definitely heading in the right direction.
Trojan4life
April 29, 2008 at 9:26 AM #196168Trojan4Life
ParticipantFinally…some sanity
Please don’t take this as ill-will toward those who bought at the peak, as I very nearly was one who did and just couldn’t stomach the burden or crazy terms, but this is the best news for our economy that we could have gotten this week, in my opinion.
Now, bad news about the market certainly isn’t going to get people out there buying homes, nor is it going to stop the hemmorage in sales and pricing, but it is evidence that the free-market is doing what is should do, regardless of our government’s attempts to counter it.
I told my wife 3 years ago we were going to have to leave California if we ever wanted to buy a home in a “decent” neighborhood with good schools. That has now changed, and I can now afford what someone with my salary should be able to afford. I will not buy until next summer at the earliest because I still think the market is inflated 15-20%, but we’re definitely heading in the right direction.
Trojan4life
-
AuthorPosts
- You must be logged in to reply to this topic.