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June 2, 2009 at 4:01 PM #409853June 2, 2009 at 4:02 PM #409160
sdrealtor
Participantocr,
I beleive year 2000 pricing for the high end throughout SD County is still in the bag…isnt it?June 2, 2009 at 4:02 PM #409398Participantocr,
I beleive year 2000 pricing for the high end throughout SD County is still in the bag…isnt it?June 2, 2009 at 4:02 PM #409645Participantocr,
I beleive year 2000 pricing for the high end throughout SD County is still in the bag…isnt it?June 2, 2009 at 4:02 PM #409707Participantocr,
I beleive year 2000 pricing for the high end throughout SD County is still in the bag…isnt it?June 2, 2009 at 4:02 PM #409858Participantocr,
I beleive year 2000 pricing for the high end throughout SD County is still in the bag…isnt it?June 2, 2009 at 5:32 PM #409228Anonymous
GuestDemand requires both a desire and an ABILITY to pay for a property at the given market price. Based on the current market prices in the non-conforming arena, the second part of the demand equation is challenged.
Furthermore, the overall demand IS artificial because it is requiring extraordinary government subsidies to prop it up. I also belive this is temporary because the principal aspect of this gov subsidy is the manipulation of the credit markets to drive down interest rates, which they cannot control forever.
In fact, if you’ve been paying attention to the markets this past week, the mortgage rates have skyrocketed in spite of the Fed’s efforts. If these rates continue up, demand will drop proportionally at the current asking prices.
June 2, 2009 at 5:32 PM #409468GuestDemand requires both a desire and an ABILITY to pay for a property at the given market price. Based on the current market prices in the non-conforming arena, the second part of the demand equation is challenged.
Furthermore, the overall demand IS artificial because it is requiring extraordinary government subsidies to prop it up. I also belive this is temporary because the principal aspect of this gov subsidy is the manipulation of the credit markets to drive down interest rates, which they cannot control forever.
In fact, if you’ve been paying attention to the markets this past week, the mortgage rates have skyrocketed in spite of the Fed’s efforts. If these rates continue up, demand will drop proportionally at the current asking prices.
June 2, 2009 at 5:32 PM #409715GuestDemand requires both a desire and an ABILITY to pay for a property at the given market price. Based on the current market prices in the non-conforming arena, the second part of the demand equation is challenged.
Furthermore, the overall demand IS artificial because it is requiring extraordinary government subsidies to prop it up. I also belive this is temporary because the principal aspect of this gov subsidy is the manipulation of the credit markets to drive down interest rates, which they cannot control forever.
In fact, if you’ve been paying attention to the markets this past week, the mortgage rates have skyrocketed in spite of the Fed’s efforts. If these rates continue up, demand will drop proportionally at the current asking prices.
June 2, 2009 at 5:32 PM #409777GuestDemand requires both a desire and an ABILITY to pay for a property at the given market price. Based on the current market prices in the non-conforming arena, the second part of the demand equation is challenged.
Furthermore, the overall demand IS artificial because it is requiring extraordinary government subsidies to prop it up. I also belive this is temporary because the principal aspect of this gov subsidy is the manipulation of the credit markets to drive down interest rates, which they cannot control forever.
In fact, if you’ve been paying attention to the markets this past week, the mortgage rates have skyrocketed in spite of the Fed’s efforts. If these rates continue up, demand will drop proportionally at the current asking prices.
June 2, 2009 at 5:32 PM #409926GuestDemand requires both a desire and an ABILITY to pay for a property at the given market price. Based on the current market prices in the non-conforming arena, the second part of the demand equation is challenged.
Furthermore, the overall demand IS artificial because it is requiring extraordinary government subsidies to prop it up. I also belive this is temporary because the principal aspect of this gov subsidy is the manipulation of the credit markets to drive down interest rates, which they cannot control forever.
In fact, if you’ve been paying attention to the markets this past week, the mortgage rates have skyrocketed in spite of the Fed’s efforts. If these rates continue up, demand will drop proportionally at the current asking prices.
June 2, 2009 at 7:46 PM #409278Nor-LA-SD-guy
ParticipantUp here working in San Jose this week, The only place more boring than the San Fernando Valley (looks very similar as well) and more expensive than Carmel Valley.
The place seems to have more available buildable land than South West RC as well.
Until recently anyway home prices have actually been going up here most of the last year or so.
It’s all about Job’s my friends, If there are good paying Job’s about, RE goes up to where the highest bidder can afford, and the more money you make the more money that can be available for housing (food and everything else being about the same for everyone).
Maybe the statement about applies to a lot of SD as well ???
That’s just my observation anyway.
Good luck.
June 2, 2009 at 7:46 PM #409518ParticipantUp here working in San Jose this week, The only place more boring than the San Fernando Valley (looks very similar as well) and more expensive than Carmel Valley.
The place seems to have more available buildable land than South West RC as well.
Until recently anyway home prices have actually been going up here most of the last year or so.
It’s all about Job’s my friends, If there are good paying Job’s about, RE goes up to where the highest bidder can afford, and the more money you make the more money that can be available for housing (food and everything else being about the same for everyone).
Maybe the statement about applies to a lot of SD as well ???
That’s just my observation anyway.
Good luck.
June 2, 2009 at 7:46 PM #409765ParticipantUp here working in San Jose this week, The only place more boring than the San Fernando Valley (looks very similar as well) and more expensive than Carmel Valley.
The place seems to have more available buildable land than South West RC as well.
Until recently anyway home prices have actually been going up here most of the last year or so.
It’s all about Job’s my friends, If there are good paying Job’s about, RE goes up to where the highest bidder can afford, and the more money you make the more money that can be available for housing (food and everything else being about the same for everyone).
Maybe the statement about applies to a lot of SD as well ???
That’s just my observation anyway.
Good luck.
June 2, 2009 at 7:46 PM #409827ParticipantUp here working in San Jose this week, The only place more boring than the San Fernando Valley (looks very similar as well) and more expensive than Carmel Valley.
The place seems to have more available buildable land than South West RC as well.
Until recently anyway home prices have actually been going up here most of the last year or so.
It’s all about Job’s my friends, If there are good paying Job’s about, RE goes up to where the highest bidder can afford, and the more money you make the more money that can be available for housing (food and everything else being about the same for everyone).
Maybe the statement about applies to a lot of SD as well ???
That’s just my observation anyway.
Good luck.
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