Goldman Sachs says …

[cr]

kev-
The last 2 major up and down cycles went down just about as long as they went up.

I find it comical that the billion dollar financial giant corporations are now coming out and saying what “doomsdayers” have been saying for 3 years, and only after they show a year over year decline.

[Ex-SD]

$350k-$380k median price?……..ha ha ha ha ha ha ha ha ha
The median won’t even be $300k because most of the people in San Diego don’t make enough money to be able to qualify for a loan for $240k (and that’s after paying $60k down plus closing costs………which most also do NOT have). I’m guessing a median of $250k-$260k. Time will tell.

[Ex-SD]

$350k-$380k median price?……..ha ha ha ha ha ha ha ha ha
The median won’t even be $300k because most of the people in San Diego don’t make enough money to be able to qualify for a loan for $240k (and that’s after paying $60k down plus closing costs………which most also do NOT have). I’m guessing a median of $250k-$260k. Time will tell.

[Ex-SD]

$350k-$380k median price?……..ha ha ha ha ha ha ha ha ha
The median won’t even be $300k because most of the people in San Diego don’t make enough money to be able to qualify for a loan for $240k (and that’s after paying $60k down plus closing costs………which most also do NOT have). I’m guessing a median of $250k-$260k. Time will tell.

[Anonymous]

Nothing new in this report as this information was known and reported over two years ago by many professionals (just not main stream). In fact, Poway Seller was saying the same thing nearly two years ago.

[Anonymous]

Nothing new in this report as this information was known and reported over two years ago by many professionals (just not main stream). In fact, Poway Seller was saying the same thing nearly two years ago.

[Anonymous]

Nothing new in this report as this information was known and reported over two years ago by many professionals (just not main stream). In fact, Poway Seller was saying the same thing nearly two years ago.

[lindismith]

Completely off topic – apologies to all.

OT: arraya, do you have a sister named sarah?

I know, I know, it’s crazy but I was invited to a Halloween party on evite and because it was hosted by 5 people, who all had fairly generic names, I could not figure out who they were, and how I had gotten on the list. (BTW, this is the 2nd time in a month this has happened to me.) When I scrolled through the repliers, the only email address that looked remotely familiar was ‘arraya72’, but I couldn’t put it together. I was out a few parties Sat night, and for the heck of it, stopped by. After about 15 mins I bumped into Sarah. She was the one who invited me, and when I asked who arraya was, she said it was her brother. I was still in the dark about how I knew you though until yesterday morning when your user name popped up on this thread, and then it all came together. Small world, no?!

I know Sarah through Surfrider. We are not super close – just close enough to get invited to a big shindig though! The problem is I know about 5 Sarahs.

[lindismith]

Completely off topic – apologies to all.

OT: arraya, do you have a sister named sarah?

I know, I know, it’s crazy but I was invited to a Halloween party on evite and because it was hosted by 5 people, who all had fairly generic names, I could not figure out who they were, and how I had gotten on the list. (BTW, this is the 2nd time in a month this has happened to me.) When I scrolled through the repliers, the only email address that looked remotely familiar was ‘arraya72’, but I couldn’t put it together. I was out a few parties Sat night, and for the heck of it, stopped by. After about 15 mins I bumped into Sarah. She was the one who invited me, and when I asked who arraya was, she said it was her brother. I was still in the dark about how I knew you though until yesterday morning when your user name popped up on this thread, and then it all came together. Small world, no?!

I know Sarah through Surfrider. We are not super close – just close enough to get invited to a big shindig though! The problem is I know about 5 Sarahs.

[lindismith]

Completely off topic – apologies to all.

OT: arraya, do you have a sister named sarah?

I know, I know, it’s crazy but I was invited to a Halloween party on evite and because it was hosted by 5 people, who all had fairly generic names, I could not figure out who they were, and how I had gotten on the list. (BTW, this is the 2nd time in a month this has happened to me.) When I scrolled through the repliers, the only email address that looked remotely familiar was ‘arraya72’, but I couldn’t put it together. I was out a few parties Sat night, and for the heck of it, stopped by. After about 15 mins I bumped into Sarah. She was the one who invited me, and when I asked who arraya was, she said it was her brother. I was still in the dark about how I knew you though until yesterday morning when your user name popped up on this thread, and then it all came together. Small world, no?!

I know Sarah through Surfrider. We are not super close – just close enough to get invited to a big shindig though! The problem is I know about 5 Sarahs.

[4plexowner]

I assume that Goldman Sachs carries a little more weight than PowaySeller

I find this report significant – this is a major investment bank (largest in the US?) telling their clients that CA real estate will be 35-40% lower in the future

[4plexowner]

I assume that Goldman Sachs carries a little more weight than PowaySeller

I find this report significant – this is a major investment bank (largest in the US?) telling their clients that CA real estate will be 35-40% lower in the future

[4plexowner]

I assume that Goldman Sachs carries a little more weight than PowaySeller

I find this report significant – this is a major investment bank (largest in the US?) telling their clients that CA real estate will be 35-40% lower in the future

[Anonymous]

The point is this is old news. Goldman Sachs should have delivered this report 2 years ago, as many other analyts did. Meanwhile, it is way too late for this report to help any of its customers.

[Anonymous]

The point is this is old news. Goldman Sachs should have delivered this report 2 years ago, as many other analyts did. Meanwhile, it is way too late for this report to help any of its customers.

[Author]

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