Esmith, this is great data. I also really appreciate your earlier graph showing the overlay between your implementation and the official case-shiller data. I’m a scientist, so I appreciate a nice graph, and confirmatory comparisons. This is really helpful!
Now, if your yellow line would just keep dropping….
> At this rate of decline, sometime in 2010 house
> prices will hit zero.
Actually if that’s correct, and we assume that houses will not go to zero, then you make a strong argument that the bottom will be sooner than 2010. Very good news IMHO.
> At this rate of decline, sometime in 2010 house
> prices will hit zero.
Actually if that’s correct, and we assume that houses will not go to zero, then you make a strong argument that the bottom will be sooner than 2010. Very good news IMHO.
> At this rate of decline, sometime in 2010 house
> prices will hit zero.
Actually if that’s correct, and we assume that houses will not go to zero, then you make a strong argument that the bottom will be sooner than 2010. Very good news IMHO.
> At this rate of decline, sometime in 2010 house
> prices will hit zero.
Actually if that’s correct, and we assume that houses will not go to zero, then you make a strong argument that the bottom will be sooner than 2010. Very good news IMHO.
> At this rate of decline, sometime in 2010 house
> prices will hit zero.
Actually if that’s correct, and we assume that houses will not go to zero, then you make a strong argument that the bottom will be sooner than 2010. Very good news IMHO.
XBox,
That actually tells me that we will not be able to sustain this level of reduction, not that the bottom is near. Half that rate of reduction and you are still going to give the NAR a heart attack, but homes will bottom after 2010.
The bottom will be the exact opposit of the top that passed in 2005/6. A year or two where prices dont really do anything, but sales are picking up. (seasonally smoothed, I dont mean any fake bottom spring)
XBox,
That actually tells me that we will not be able to sustain this level of reduction, not that the bottom is near. Half that rate of reduction and you are still going to give the NAR a heart attack, but homes will bottom after 2010.
The bottom will be the exact opposit of the top that passed in 2005/6. A year or two where prices dont really do anything, but sales are picking up. (seasonally smoothed, I dont mean any fake bottom spring)
XBox,
That actually tells me that we will not be able to sustain this level of reduction, not that the bottom is near. Half that rate of reduction and you are still going to give the NAR a heart attack, but homes will bottom after 2010.
The bottom will be the exact opposit of the top that passed in 2005/6. A year or two where prices dont really do anything, but sales are picking up. (seasonally smoothed, I dont mean any fake bottom spring)
XBox,
That actually tells me that we will not be able to sustain this level of reduction, not that the bottom is near. Half that rate of reduction and you are still going to give the NAR a heart attack, but homes will bottom after 2010.
The bottom will be the exact opposit of the top that passed in 2005/6. A year or two where prices dont really do anything, but sales are picking up. (seasonally smoothed, I dont mean any fake bottom spring)
