In 4S, it is reaching at $200/sqf for :=3000 sqf new homes. If it was originally selling around $150+/sqf for similar house (3000 sqf) in 2001 or so, $200 -250/sqf may be a break point. Old properties have a larger lot size, so you may say I cannot compare apples and oranges, but when I see recent closing, there are many homes sold at around $200 – $300/sqf. I am expecting that many deal will be closed around that range for this year at least.
I guess, one of esmith’ predictions : soft landing senario may be the case for next 3 months or so in 2009.
Soft landing is where it’s at. We still have a good year for slowly falling prices. But as much money as Dubya, and now Obama, is pumping into the system, deflation turns into inflation.
4S is holding up pretty well. Prices are coming down to where average biotech and engineers can buy them…basically pre-2002. Which is where things should settle.
Soft landing is where it’s at. We still have a good year for slowly falling prices. But as much money as Dubya, and now Obama, is pumping into the system, deflation turns into inflation.
4S is holding up pretty well. Prices are coming down to where average biotech and engineers can buy them…basically pre-2002. Which is where things should settle.
Soft landing is where it’s at. We still have a good year for slowly falling prices. But as much money as Dubya, and now Obama, is pumping into the system, deflation turns into inflation.
4S is holding up pretty well. Prices are coming down to where average biotech and engineers can buy them…basically pre-2002. Which is where things should settle.
Soft landing is where it’s at. We still have a good year for slowly falling prices. But as much money as Dubya, and now Obama, is pumping into the system, deflation turns into inflation.
4S is holding up pretty well. Prices are coming down to where average biotech and engineers can buy them…basically pre-2002. Which is where things should settle.
Soft landing is where it’s at. We still have a good year for slowly falling prices. But as much money as Dubya, and now Obama, is pumping into the system, deflation turns into inflation.
4S is holding up pretty well. Prices are coming down to where average biotech and engineers can buy them…basically pre-2002. Which is where things should settle.
