- This topic has 74 replies, 18 voices, and was last updated 17 years, 5 months ago by
dontfollowtheherd.
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June 6, 2007 at 6:41 AM #57052June 6, 2007 at 8:50 AM #57048
sdrealtor
ParticipantCyphire
That was a very well written piece and there is alot of truth in what you said about who is buying up to 2M. I dont think there is any disagreement on this board that we are heading down siginificantly. The only real disagreement is what is happening now, how fast we’ll go down and how far we’ll go down.You have quickly established yourself as a valuable contributor around here. I hope you stick around for more than a cup of coffee like so many before you.
sdr
June 6, 2007 at 8:50 AM #57071ParticipantCyphire
That was a very well written piece and there is alot of truth in what you said about who is buying up to 2M. I dont think there is any disagreement on this board that we are heading down siginificantly. The only real disagreement is what is happening now, how fast we’ll go down and how far we’ll go down.You have quickly established yourself as a valuable contributor around here. I hope you stick around for more than a cup of coffee like so many before you.
sdr
June 6, 2007 at 4:14 PM #57276latesummer2008
ParticipantIf Del Mar is “on fire” , how come the number of sales declined AND the price went down. I can understand the lack of sales due to lack of inventory, but if that is the case, than price should have gone up. (Supply and Demand)
Sdr, maybe you have some square footage numbers (YOY) that show Del Mar going up?
June 6, 2007 at 4:14 PM #57299ParticipantIf Del Mar is “on fire” , how come the number of sales declined AND the price went down. I can understand the lack of sales due to lack of inventory, but if that is the case, than price should have gone up. (Supply and Demand)
Sdr, maybe you have some square footage numbers (YOY) that show Del Mar going up?
June 6, 2007 at 5:22 PM #57329ParticipantLS,
Every property is different in Del Mar. It is not a tract home area. Think Manhattan Beach. The prices depend upon what actually sold and by any statistical measurement it is impossible to analyze what is going on. In a few sq miles, there are at least 20 distinct areas that impact pricing. there are zoning issues (under the rule of DM Planning Commission or City of San Diego), there are view isses, there are location issues. there are so many micro variables going on that it is impossible to discern from any stat what is going on.June 6, 2007 at 5:22 PM #57306ParticipantLS,
Every property is different in Del Mar. It is not a tract home area. Think Manhattan Beach. The prices depend upon what actually sold and by any statistical measurement it is impossible to analyze what is going on. In a few sq miles, there are at least 20 distinct areas that impact pricing. there are zoning issues (under the rule of DM Planning Commission or City of San Diego), there are view isses, there are location issues. there are so many micro variables going on that it is impossible to discern from any stat what is going on.June 6, 2007 at 5:47 PM #57318IONEGARM
Participant“I work full time as science teacher”
Anyone else find this scary? I mean you are the LEAST scientific person here, you cherry pick data, and let emotions rule logic. And you obviously know nothing about sample size of the data you are looking at and obviously have no ability of looking at business metrics.
Some of market is going down, but not nearly to the level you are making it out to be right now. Clearly you just want to talk down the market due to whatever motivation you have. But your distorted cherry picked facts supporting your fantasy based opinions are clear to everyone.
And people wonder why our education system sucks. Those who cant do, teach.
June 6, 2007 at 5:47 PM #57341Participant“I work full time as science teacher”
Anyone else find this scary? I mean you are the LEAST scientific person here, you cherry pick data, and let emotions rule logic. And you obviously know nothing about sample size of the data you are looking at and obviously have no ability of looking at business metrics.
Some of market is going down, but not nearly to the level you are making it out to be right now. Clearly you just want to talk down the market due to whatever motivation you have. But your distorted cherry picked facts supporting your fantasy based opinions are clear to everyone.
And people wonder why our education system sucks. Those who cant do, teach.
June 6, 2007 at 7:19 PM #57334NotCranky
ParticipantIn Forest Gump voice:
Cy, Send me the bill for the coffee. We can talk about the donuts. We will play a little basketball just so that you know I am your friend.I might even let you win.Stick around, then you just call me when you are ready to get back into that 2M market. I will drive out of the ghetto I live in and I will find you something “special” near the water!
Your kindred spirit,
RusticoJune 6, 2007 at 7:19 PM #57357ParticipantIn Forest Gump voice:
Cy, Send me the bill for the coffee. We can talk about the donuts. We will play a little basketball just so that you know I am your friend.I might even let you win.Stick around, then you just call me when you are ready to get back into that 2M market. I will drive out of the ghetto I live in and I will find you something “special” near the water!
Your kindred spirit,
RusticoJune 6, 2007 at 8:43 PM #57363ParticipantIonegarm, why don’t you stick to the thread and state your opinion on RE. What data do you have to bring to the table instead of just hating??
And while your at it, why don’t you clue us in in what great things your doing for your community. Hmmm?
June 6, 2007 at 8:43 PM #57340ParticipantIonegarm, why don’t you stick to the thread and state your opinion on RE. What data do you have to bring to the table instead of just hating??
And while your at it, why don’t you clue us in in what great things your doing for your community. Hmmm?
June 6, 2007 at 10:43 PM #57372ParticipantMy opinion on RE is that you are an idiot.
If you take 2 data points of MEDIAN Prices of a small amount of sales you will get wide variability. Median prices and small sample size suffers from a wide variability due to compositional changes that have nothing to do with the value of homes.
And you aren’t doing anything for your community, you clearly have your own agenda to talk down housing to the highest degree possible. You are a clown and the fact that you teach SCIENCE of all things is just sad. At least be an english major to have an excuse for your vivid imagination and hyperbole.
June 6, 2007 at 10:43 PM #57395ParticipantMy opinion on RE is that you are an idiot.
If you take 2 data points of MEDIAN Prices of a small amount of sales you will get wide variability. Median prices and small sample size suffers from a wide variability due to compositional changes that have nothing to do with the value of homes.
And you aren’t doing anything for your community, you clearly have your own agenda to talk down housing to the highest degree possible. You are a clown and the fact that you teach SCIENCE of all things is just sad. At least be an english major to have an excuse for your vivid imagination and hyperbole.
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