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  • February 5, 2009 at 11:15 AM #341787
    (former)FormerSanDiegan
    Participant

    [quote=Scarlett]what year’s nominal price?

    1997 price adjusted for inflation is equivalent to which year’s nominal price (for the upper tier)?
    [/quote]

    I plugged Dec 1996 and Dec 2008 into the calculator below and I got an accumulated inflation of 32%.

    So, take your 1997 price, multiply by 1.32 and that is what this guy is predicting. Of course, you’ll have to tack on your own guess for future 2009 and 2010 and 2011 inflation rates.

    http://tinyurl.com/6r3bob

    One item to note is that while the US in general was at a long-term trend line in 1997, Southern California was below it’s long-term trend line at that point.

    February 5, 2009 at 11:19 AM #341243
    sdrealtor
    Participant

    Just starting? Absolutely NOT! They have been declining for a couple years and are down a solid 20%.

    More to go? Absolutely YES!

    February 5, 2009 at 11:19 AM #341569
    sdrealtor
    Participant

    Just starting? Absolutely NOT! They have been declining for a couple years and are down a solid 20%.

    More to go? Absolutely YES!

    February 5, 2009 at 11:19 AM #341671
    sdrealtor
    Participant

    Just starting? Absolutely NOT! They have been declining for a couple years and are down a solid 20%.

    More to go? Absolutely YES!

    February 5, 2009 at 11:19 AM #341698
    sdrealtor
    Participant

    Just starting? Absolutely NOT! They have been declining for a couple years and are down a solid 20%.

    More to go? Absolutely YES!

    February 5, 2009 at 11:19 AM #341792
    sdrealtor
    Participant

    Just starting? Absolutely NOT! They have been declining for a couple years and are down a solid 20%.

    More to go? Absolutely YES!

    February 5, 2009 at 11:44 AM #341253
    peterb
    Participant

    Judging by the very low sales volume numbers for homes over $500K, I would say the real pain is on the way.

    February 5, 2009 at 11:44 AM #341579
    peterb
    Participant

    Judging by the very low sales volume numbers for homes over $500K, I would say the real pain is on the way.

    February 5, 2009 at 11:44 AM #341681
    peterb
    Participant

    Judging by the very low sales volume numbers for homes over $500K, I would say the real pain is on the way.

    February 5, 2009 at 11:44 AM #341708
    peterb
    Participant

    Judging by the very low sales volume numbers for homes over $500K, I would say the real pain is on the way.

    February 5, 2009 at 11:44 AM #341802
    peterb
    Participant

    Judging by the very low sales volume numbers for homes over $500K, I would say the real pain is on the way.

    February 5, 2009 at 11:46 AM #341258
    SD Realtor
    Participant

    Hopefully what is just starting is the end of the denial by high end homeowners. Judging by the stickiness though it is a darn slow start.

    February 5, 2009 at 11:46 AM #341584
    SD Realtor
    Participant

    Hopefully what is just starting is the end of the denial by high end homeowners. Judging by the stickiness though it is a darn slow start.

    February 5, 2009 at 11:46 AM #341686
    SD Realtor
    Participant

    Hopefully what is just starting is the end of the denial by high end homeowners. Judging by the stickiness though it is a darn slow start.

    February 5, 2009 at 11:46 AM #341713
    SD Realtor
    Participant

    Hopefully what is just starting is the end of the denial by high end homeowners. Judging by the stickiness though it is a darn slow start.

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