cnn lead story; housing 2009

[peterb]

Yet again proving how utterly useless MSM really is. Unless of course you’d like to confirm what you already know from last year.
Check with Mr Mortgage for where we’re headed in 2009. Walk away city! Upside down mortgages and unemployment. Perfect storm.

[DWCAP]

[quote=sdrealtor]I just checked the story and what a piece of shoddy reporting. They are using yesterdays news in it. The are quoting a 2008 median of $412,900 and are predicting a 21.1% decline which would bring us down to $325,800. News flash, the detached median for November sales was $350,000 so nearly all of their FORECASTED decline has already happened. Thank goodness for Internet Blogs.[/quote]

Ahh, yes, but then they can crow about how they were right this time and how they called it before hand. I think they got tired of being wrong so they reported on something that was already baked into the cake.

[DWCAP]

[quote=sdrealtor]I just checked the story and what a piece of shoddy reporting. They are using yesterdays news in it. The are quoting a 2008 median of $412,900 and are predicting a 21.1% decline which would bring us down to $325,800. News flash, the detached median for November sales was $350,000 so nearly all of their FORECASTED decline has already happened. Thank goodness for Internet Blogs.[/quote]

Ahh, yes, but then they can crow about how they were right this time and how they called it before hand. I think they got tired of being wrong so they reported on something that was already baked into the cake.

[DWCAP]

[quote=sdrealtor]I just checked the story and what a piece of shoddy reporting. They are using yesterdays news in it. The are quoting a 2008 median of $412,900 and are predicting a 21.1% decline which would bring us down to $325,800. News flash, the detached median for November sales was $350,000 so nearly all of their FORECASTED decline has already happened. Thank goodness for Internet Blogs.[/quote]

Ahh, yes, but then they can crow about how they were right this time and how they called it before hand. I think they got tired of being wrong so they reported on something that was already baked into the cake.

[DWCAP]

[quote=sdrealtor]I just checked the story and what a piece of shoddy reporting. They are using yesterdays news in it. The are quoting a 2008 median of $412,900 and are predicting a 21.1% decline which would bring us down to $325,800. News flash, the detached median for November sales was $350,000 so nearly all of their FORECASTED decline has already happened. Thank goodness for Internet Blogs.[/quote]

Ahh, yes, but then they can crow about how they were right this time and how they called it before hand. I think they got tired of being wrong so they reported on something that was already baked into the cake.

[DWCAP]

[quote=sdrealtor]I just checked the story and what a piece of shoddy reporting. They are using yesterdays news in it. The are quoting a 2008 median of $412,900 and are predicting a 21.1% decline which would bring us down to $325,800. News flash, the detached median for November sales was $350,000 so nearly all of their FORECASTED decline has already happened. Thank goodness for Internet Blogs.[/quote]

Ahh, yes, but then they can crow about how they were right this time and how they called it before hand. I think they got tired of being wrong so they reported on something that was already baked into the cake.

[Allan from Fallbrook]

WSJ reports that developers have now turned to Congress and are looking for bailout money of their own.

Welcome to the new socialist version of America.

[Allan from Fallbrook]

WSJ reports that developers have now turned to Congress and are looking for bailout money of their own.

Welcome to the new socialist version of America.

[Allan from Fallbrook]

WSJ reports that developers have now turned to Congress and are looking for bailout money of their own.

Welcome to the new socialist version of America.

[Allan from Fallbrook]

WSJ reports that developers have now turned to Congress and are looking for bailout money of their own.

Welcome to the new socialist version of America.

[Allan from Fallbrook]

WSJ reports that developers have now turned to Congress and are looking for bailout money of their own.

Welcome to the new socialist version of America.

[UCGal]

I thought it was interesting that 8 of the 10 cities listed were in CA. Only Miami and DC were non-CA states. I was surprised Vegas and Phoenix weren’t listed.

[UCGal]

I thought it was interesting that 8 of the 10 cities listed were in CA. Only Miami and DC were non-CA states. I was surprised Vegas and Phoenix weren’t listed.

[UCGal]

I thought it was interesting that 8 of the 10 cities listed were in CA. Only Miami and DC were non-CA states. I was surprised Vegas and Phoenix weren’t listed.

[UCGal]

I thought it was interesting that 8 of the 10 cities listed were in CA. Only Miami and DC were non-CA states. I was surprised Vegas and Phoenix weren’t listed.

[Author]

Posts