Housing won’t hit bottom ’til 2012

[an]

[quote=jstoesz]That 40k number I assume includes appreciation. Just like to point out that buying a decade ago was a better time for appreciation than today. Then again, who knows maybe we are on the precipice of another leg up![/quote]
Hind sight will be 20/20. We maybe on a precipice of a melt down too.

[CA renter]

[quote=deadzone]CAR, my point on the correlation is only that the Fed can manipulate both home prices and RE prices through their interest rate policies. There is no evidence of a significant DIRECT link between stock prices and RE prices.

– Housing prices went up primarily due to credit bubble caused by Fed policies
– Stock market went up primarily due to Fed policies (ZIRP, QE).

In both cases the Fed policy is the cause and the rising asset prices is the result.[/quote]

Yes. 🙂

[CA renter]

[quote=deadzone]CAR, my point on the correlation is only that the Fed can manipulate both home prices and RE prices through their interest rate policies. There is no evidence of a significant DIRECT link between stock prices and RE prices.

– Housing prices went up primarily due to credit bubble caused by Fed policies
– Stock market went up primarily due to Fed policies (ZIRP, QE).

In both cases the Fed policy is the cause and the rising asset prices is the result.[/quote]

Yes. 🙂

[CA renter]

[quote=deadzone]CAR, my point on the correlation is only that the Fed can manipulate both home prices and RE prices through their interest rate policies. There is no evidence of a significant DIRECT link between stock prices and RE prices.

– Housing prices went up primarily due to credit bubble caused by Fed policies
– Stock market went up primarily due to Fed policies (ZIRP, QE).

In both cases the Fed policy is the cause and the rising asset prices is the result.[/quote]

Yes. 🙂

[CA renter]

[quote=deadzone]CAR, my point on the correlation is only that the Fed can manipulate both home prices and RE prices through their interest rate policies. There is no evidence of a significant DIRECT link between stock prices and RE prices.

– Housing prices went up primarily due to credit bubble caused by Fed policies
– Stock market went up primarily due to Fed policies (ZIRP, QE).

In both cases the Fed policy is the cause and the rising asset prices is the result.[/quote]

Yes. 🙂

[CA renter]

[quote=deadzone]CAR, my point on the correlation is only that the Fed can manipulate both home prices and RE prices through their interest rate policies. There is no evidence of a significant DIRECT link between stock prices and RE prices.

– Housing prices went up primarily due to credit bubble caused by Fed policies
– Stock market went up primarily due to Fed policies (ZIRP, QE).

In both cases the Fed policy is the cause and the rising asset prices is the result.[/quote]

Yes. 🙂

[sdrealtor]

FYI, when I made a zero appreciation assumption it was still advantageous after 6 year to buy.

[sdrealtor]

FYI, when I made a zero appreciation assumption it was still advantageous after 6 year to buy.

[sdrealtor]

FYI, when I made a zero appreciation assumption it was still advantageous after 6 year to buy.

[sdrealtor]

FYI, when I made a zero appreciation assumption it was still advantageous after 6 year to buy.

[sdrealtor]

FYI, when I made a zero appreciation assumption it was still advantageous after 6 year to buy.

[briansd1]

[quote=jstoesz]a neighborhood to me has a few defining characteristics. None of these are deal breakers, but a majority is necessary to define what I am looking for.

1) walkable to something (resaurants, gas station, movie theater, grocery store, Yatch club (I kid)).

2. Has a name (la mesa, del mar, shelter island, solana, encinitas, roseville, you know what I mean, tract names don’t count, singing meadows need not apply)

3. has side walks (I guess this buttresses on number 1)

4. Organic (this may be synonymous with custom homes and custom commercial centers but I don’t think it has to be) It just has to come about organically as in no plans.

5. Character (yup I am leaving this undefined, but it probably has to do with #4)

6. History (I want vintage photos)

7. walkable (but I repeat myself)[/quote]

Very well said.
The new suburbs are like death IMHO.

[briansd1]

[quote=jstoesz]a neighborhood to me has a few defining characteristics. None of these are deal breakers, but a majority is necessary to define what I am looking for.

1) walkable to something (resaurants, gas station, movie theater, grocery store, Yatch club (I kid)).

2. Has a name (la mesa, del mar, shelter island, solana, encinitas, roseville, you know what I mean, tract names don’t count, singing meadows need not apply)

3. has side walks (I guess this buttresses on number 1)

4. Organic (this may be synonymous with custom homes and custom commercial centers but I don’t think it has to be) It just has to come about organically as in no plans.

5. Character (yup I am leaving this undefined, but it probably has to do with #4)

6. History (I want vintage photos)

7. walkable (but I repeat myself)[/quote]

Very well said.
The new suburbs are like death IMHO.

[briansd1]

[quote=jstoesz]a neighborhood to me has a few defining characteristics. None of these are deal breakers, but a majority is necessary to define what I am looking for.

1) walkable to something (resaurants, gas station, movie theater, grocery store, Yatch club (I kid)).

2. Has a name (la mesa, del mar, shelter island, solana, encinitas, roseville, you know what I mean, tract names don’t count, singing meadows need not apply)

3. has side walks (I guess this buttresses on number 1)

4. Organic (this may be synonymous with custom homes and custom commercial centers but I don’t think it has to be) It just has to come about organically as in no plans.

5. Character (yup I am leaving this undefined, but it probably has to do with #4)

6. History (I want vintage photos)

7. walkable (but I repeat myself)[/quote]

Very well said.
The new suburbs are like death IMHO.

[briansd1]

[quote=jstoesz]a neighborhood to me has a few defining characteristics. None of these are deal breakers, but a majority is necessary to define what I am looking for.

1) walkable to something (resaurants, gas station, movie theater, grocery store, Yatch club (I kid)).

2. Has a name (la mesa, del mar, shelter island, solana, encinitas, roseville, you know what I mean, tract names don’t count, singing meadows need not apply)

3. has side walks (I guess this buttresses on number 1)

4. Organic (this may be synonymous with custom homes and custom commercial centers but I don’t think it has to be) It just has to come about organically as in no plans.

5. Character (yup I am leaving this undefined, but it probably has to do with #4)

6. History (I want vintage photos)

7. walkable (but I repeat myself)[/quote]

Very well said.
The new suburbs are like death IMHO.

[Author]

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