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June 2, 2009 at 9:01 AM #15801June 2, 2009 at 9:15 AM #408929
Nor-LA-SD-guy
ParticipantWell I think TG call the bottom in Temecula a few months ago.
In April Sam Zell said we were at or close to a bottom in residential RE .
Me I think I got to go with TG anyway but I would include the entire TV and modify it to say maybe not the bottom but it’s close enough that it will not matter in ten years (except bragging rights).
June 2, 2009 at 9:15 AM #409169ParticipantWell I think TG call the bottom in Temecula a few months ago.
In April Sam Zell said we were at or close to a bottom in residential RE .
Me I think I got to go with TG anyway but I would include the entire TV and modify it to say maybe not the bottom but it’s close enough that it will not matter in ten years (except bragging rights).
June 2, 2009 at 9:15 AM #409416ParticipantWell I think TG call the bottom in Temecula a few months ago.
In April Sam Zell said we were at or close to a bottom in residential RE .
Me I think I got to go with TG anyway but I would include the entire TV and modify it to say maybe not the bottom but it’s close enough that it will not matter in ten years (except bragging rights).
June 2, 2009 at 9:15 AM #409479ParticipantWell I think TG call the bottom in Temecula a few months ago.
In April Sam Zell said we were at or close to a bottom in residential RE .
Me I think I got to go with TG anyway but I would include the entire TV and modify it to say maybe not the bottom but it’s close enough that it will not matter in ten years (except bragging rights).
June 2, 2009 at 9:15 AM #409630ParticipantWell I think TG call the bottom in Temecula a few months ago.
In April Sam Zell said we were at or close to a bottom in residential RE .
Me I think I got to go with TG anyway but I would include the entire TV and modify it to say maybe not the bottom but it’s close enough that it will not matter in ten years (except bragging rights).
June 2, 2009 at 9:40 AM #408934jpinpb
ParticipantForgive me, but say some areas are at bottom or close to it. Are we assuming that it will go up now? Are people dismissing the notion of an L recovery entirely?
June 2, 2009 at 9:40 AM #409174ParticipantForgive me, but say some areas are at bottom or close to it. Are we assuming that it will go up now? Are people dismissing the notion of an L recovery entirely?
June 2, 2009 at 9:40 AM #409421ParticipantForgive me, but say some areas are at bottom or close to it. Are we assuming that it will go up now? Are people dismissing the notion of an L recovery entirely?
June 2, 2009 at 9:40 AM #409484ParticipantForgive me, but say some areas are at bottom or close to it. Are we assuming that it will go up now? Are people dismissing the notion of an L recovery entirely?
June 2, 2009 at 9:40 AM #409635ParticipantForgive me, but say some areas are at bottom or close to it. Are we assuming that it will go up now? Are people dismissing the notion of an L recovery entirely?
June 2, 2009 at 9:45 AM #408939
barnaby33ParticipantAh yes sensationalist headlines. Not just for USA Today anymore! You’ll only know the bottom once we’ve passed but in most areas we aren’t yet close. TG I actually believe your analysis, (assuming gas stays reasonable) Temecula is at the bottom.
With mortgage rates rising, and employment falling, no way are we at a bottom in SD, not even close. Take a look at Karls post on this Watch the Birdie!
NAR reports whatever number sounds most positive, be it Y-O-Y, M-O-M, or fabricated from whole cloth. A lot of those deals signed won’t be closing as financing costs more this week than last. Consumer confidence is a circle jerk of the Dow mostly. When the Dow goes up consumer confidence goes up. Never mind that this has relatively little to do with the broader health of the market or economy. Lastly the 800lb gorilla in the room is the onslaught of resets in the Alt A wave. Coming soon to a formerly upscale neighborhood near you!
Josh
June 2, 2009 at 9:45 AM #409178barnaby33ParticipantAh yes sensationalist headlines. Not just for USA Today anymore! You’ll only know the bottom once we’ve passed but in most areas we aren’t yet close. TG I actually believe your analysis, (assuming gas stays reasonable) Temecula is at the bottom.
With mortgage rates rising, and employment falling, no way are we at a bottom in SD, not even close. Take a look at Karls post on this Watch the Birdie!
NAR reports whatever number sounds most positive, be it Y-O-Y, M-O-M, or fabricated from whole cloth. A lot of those deals signed won’t be closing as financing costs more this week than last. Consumer confidence is a circle jerk of the Dow mostly. When the Dow goes up consumer confidence goes up. Never mind that this has relatively little to do with the broader health of the market or economy. Lastly the 800lb gorilla in the room is the onslaught of resets in the Alt A wave. Coming soon to a formerly upscale neighborhood near you!
Josh
June 2, 2009 at 9:45 AM #409426barnaby33ParticipantAh yes sensationalist headlines. Not just for USA Today anymore! You’ll only know the bottom once we’ve passed but in most areas we aren’t yet close. TG I actually believe your analysis, (assuming gas stays reasonable) Temecula is at the bottom.
With mortgage rates rising, and employment falling, no way are we at a bottom in SD, not even close. Take a look at Karls post on this Watch the Birdie!
NAR reports whatever number sounds most positive, be it Y-O-Y, M-O-M, or fabricated from whole cloth. A lot of those deals signed won’t be closing as financing costs more this week than last. Consumer confidence is a circle jerk of the Dow mostly. When the Dow goes up consumer confidence goes up. Never mind that this has relatively little to do with the broader health of the market or economy. Lastly the 800lb gorilla in the room is the onslaught of resets in the Alt A wave. Coming soon to a formerly upscale neighborhood near you!
Josh
June 2, 2009 at 9:45 AM #409489barnaby33ParticipantAh yes sensationalist headlines. Not just for USA Today anymore! You’ll only know the bottom once we’ve passed but in most areas we aren’t yet close. TG I actually believe your analysis, (assuming gas stays reasonable) Temecula is at the bottom.
With mortgage rates rising, and employment falling, no way are we at a bottom in SD, not even close. Take a look at Karls post on this Watch the Birdie!
NAR reports whatever number sounds most positive, be it Y-O-Y, M-O-M, or fabricated from whole cloth. A lot of those deals signed won’t be closing as financing costs more this week than last. Consumer confidence is a circle jerk of the Dow mostly. When the Dow goes up consumer confidence goes up. Never mind that this has relatively little to do with the broader health of the market or economy. Lastly the 800lb gorilla in the room is the onslaught of resets in the Alt A wave. Coming soon to a formerly upscale neighborhood near you!
Josh
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