- This topic has 30 replies, 8 voices, and was last updated 17 years, 3 months ago by Bugs.
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August 20, 2007 at 1:09 PM #78547August 20, 2007 at 1:58 PM #78402woodrowParticipant
Kelly – nice piece as always. You’re doing fantastic work over at VOSD exposing the overheated RE market for what it is: a house of cards. I think we’re going to find out that there is a tremendous amount of fraud that has helped the artificial inflation in home prices over the next couple years, and I’m sure you’ll be on the leading edge of those stories in the future as well.
Keep up the great work!
August 20, 2007 at 1:58 PM #78528woodrowParticipantKelly – nice piece as always. You’re doing fantastic work over at VOSD exposing the overheated RE market for what it is: a house of cards. I think we’re going to find out that there is a tremendous amount of fraud that has helped the artificial inflation in home prices over the next couple years, and I’m sure you’ll be on the leading edge of those stories in the future as well.
Keep up the great work!
August 20, 2007 at 1:58 PM #78550woodrowParticipantKelly – nice piece as always. You’re doing fantastic work over at VOSD exposing the overheated RE market for what it is: a house of cards. I think we’re going to find out that there is a tremendous amount of fraud that has helped the artificial inflation in home prices over the next couple years, and I’m sure you’ll be on the leading edge of those stories in the future as well.
Keep up the great work!
August 20, 2007 at 4:23 PM #78432sdduuuudeParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
August 20, 2007 at 4:23 PM #78579sdduuuudeParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
August 20, 2007 at 4:23 PM #78559sdduuuudeParticipantI’d suggest taking the Rich Toscano approach by adding 2 columns to that report page: sales and the ratio of sales to foreclosures.
forecolsures / # homes gives you an idea of what percentage of people are having problems with their mortgage.
However, foreclosures / sales gives you an idea of how the housing market will react to those problems.
It is a brilliant way to look at the market because it gives you an idea of the relative magnitude of must-sell inventory – more so that the ratio of foreclosures to # of houses.
I, too, missed the drop-down.
August 21, 2007 at 10:31 AM #78714kellyParticipantwoodrow: Thanks for the kind words.
and sdduuuude: I agree with you that foreclosures/sales is a great way to look at the market. That way, we can try to sort out how many months supply have been added to the inventory stockpile by foreclosures.
You’ve all been really helpful here. Thank you.
kb
August 21, 2007 at 10:31 AM #78844kellyParticipantwoodrow: Thanks for the kind words.
and sdduuuude: I agree with you that foreclosures/sales is a great way to look at the market. That way, we can try to sort out how many months supply have been added to the inventory stockpile by foreclosures.
You’ve all been really helpful here. Thank you.
kb
August 21, 2007 at 10:31 AM #78864kellyParticipantwoodrow: Thanks for the kind words.
and sdduuuude: I agree with you that foreclosures/sales is a great way to look at the market. That way, we can try to sort out how many months supply have been added to the inventory stockpile by foreclosures.
You’ve all been really helpful here. Thank you.
kb
August 22, 2007 at 12:27 AM #78977temeculaguyParticipantKelly, nice article as always and thanks for dropping in on amatuer hour. I think you are going to have a fun year reporting on this as things unfold, it will be interesting to look back on your older articles exposing the cracks in the armor once this snowball hits full speed.
August 22, 2007 at 12:27 AM #79104temeculaguyParticipantKelly, nice article as always and thanks for dropping in on amatuer hour. I think you are going to have a fun year reporting on this as things unfold, it will be interesting to look back on your older articles exposing the cracks in the armor once this snowball hits full speed.
August 22, 2007 at 12:27 AM #79127temeculaguyParticipantKelly, nice article as always and thanks for dropping in on amatuer hour. I think you are going to have a fun year reporting on this as things unfold, it will be interesting to look back on your older articles exposing the cracks in the armor once this snowball hits full speed.
August 22, 2007 at 7:44 AM #79001BugsParticipantThe VOSD has managed to scoop the U-T.
I’m wondering if the reason eastern Chula Vista is having these problems is because so much of it is new construction, built out and sold off by the developers in the last few years. Eastern CV is a supersized version of San Elijo Ranch in San Marcos.
August 22, 2007 at 7:44 AM #79128BugsParticipantThe VOSD has managed to scoop the U-T.
I’m wondering if the reason eastern Chula Vista is having these problems is because so much of it is new construction, built out and sold off by the developers in the last few years. Eastern CV is a supersized version of San Elijo Ranch in San Marcos.
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