Home sales continue plunge

[briansd1]

I wonder how many tax credit recipients will walk if we get the double dip.

“From our vantage point, the first-time home-buyers credit pulled forward demand — by definition this is what stimulus measures achieve — however the issue this time is that there was so little demand to be pulled forward, the credit has left no demand for the summer,” Dan Greenhaus, chief economic strategist for Miller Tabak + Co., wrote in a research note Tuesday morning. “The result is exactly what we’re seeing: a near, if not outright, collapse in housing.”

http://www.latimes.com/business/la-fiw-home-sales-20100824,0,4314929.story

[sdrealtor]

Good luck on that year 2000 nominal pricing for a prime area unless you are looking for something real high end (i.e. $2M ish). Even some of the most vocal callers of that have jumped in well before that.

[sdrealtor]

Good luck on that year 2000 nominal pricing for a prime area unless you are looking for something real high end (i.e. $2M ish). Even some of the most vocal callers of that have jumped in well before that.

[sdrealtor]

Good luck on that year 2000 nominal pricing for a prime area unless you are looking for something real high end (i.e. $2M ish). Even some of the most vocal callers of that have jumped in well before that.

[sdrealtor]

Good luck on that year 2000 nominal pricing for a prime area unless you are looking for something real high end (i.e. $2M ish). Even some of the most vocal callers of that have jumped in well before that.

[sdrealtor]

Good luck on that year 2000 nominal pricing for a prime area unless you are looking for something real high end (i.e. $2M ish). Even some of the most vocal callers of that have jumped in well before that.

[Scarlett]

I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…

[Scarlett]

I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…

[Scarlett]

I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…

[Scarlett]

I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…

[Scarlett]

I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…

[andymajumder]

[quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.

[andymajumder]

[quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.

[andymajumder]

[quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.

[andymajumder]

[quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.

[Author]

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