July Foreclosure and trend–huge impact on price in 6 months!?

[NotCranky]

Yes sdr,
You would think that, generally speaking,if anything gets into escrow now and for the rest your time frame,it will be because of a substantial price reduction.

[sdrealtor]

R,
You would think so. If you’ve been on the market and havent seen an offer yet, a sense of urgency should be creeping up your spine in the next month or two. By mid to late November lots of folks will give up for the holidays and right or wrong hope for better times come Spring.

sdr

[sdrealtor]

R,
You would think so. If you’ve been on the market and havent seen an offer yet, a sense of urgency should be creeping up your spine in the next month or two. By mid to late November lots of folks will give up for the holidays and right or wrong hope for better times come Spring.

sdr

[sdrealtor]

R,
You would think so. If you’ve been on the market and havent seen an offer yet, a sense of urgency should be creeping up your spine in the next month or two. By mid to late November lots of folks will give up for the holidays and right or wrong hope for better times come Spring.

sdr

[eyePod]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

[eyePod]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

[eyePod]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

[NotCranky]

I also think of the few purchases to come they now skew to the low/middle price range detached SFR.

[NotCranky]

I also think of the few purchases to come they now skew to the low/middle price range detached SFR.

[NotCranky]

I also think of the few purchases to come they now skew to the low/middle price range detached SFR.

[NotCranky]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

“5 to 10% decline this year will essentially all of it coming between August 15th and November 30th.”

That’s pretty fast eye-pod. If it happens in the upper range ,10%, on something like a quarterly basis the most bearish piggingtonians and former piggingtonians (latesummer2oo8) are proven correct. They are going to be some exceptions where a properties get whacked real hard and fast. Maybe many of them will.

[NotCranky]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

“5 to 10% decline this year will essentially all of it coming between August 15th and November 30th.”

That’s pretty fast eye-pod. If it happens in the upper range ,10%, on something like a quarterly basis the most bearish piggingtonians and former piggingtonians (latesummer2oo8) are proven correct. They are going to be some exceptions where a properties get whacked real hard and fast. Maybe many of them will.

[NotCranky]

I don’t think anyone can say in two, or five, or 12 months. It will proceed relatively slowly but apace. The market events of the recent past should please the majority of people on this board.

“5 to 10% decline this year will essentially all of it coming between August 15th and November 30th.”

That’s pretty fast eye-pod. If it happens in the upper range ,10%, on something like a quarterly basis the most bearish piggingtonians and former piggingtonians (latesummer2oo8) are proven correct. They are going to be some exceptions where a properties get whacked real hard and fast. Maybe many of them will.

[temeculaguy]

sd, I like that you acknowledge that you are having an internal struggle on this. Experience and history will probably prevail and your prediction will be accurate, but I concur that there are some x factors at play and I would not be in the least bit suprised to see some fireworks soon. Can you elaborate why you picked those dates, is it because historically it is a slow time of the year for sales? Or is it that you think the media is going to go nuts when the summer numbers are tallied and they suck on an epic proportion? The lender tightening today is going to hit the numbers in the next 60-90 days, right in line with your prediction calendar wise.

[temeculaguy]

sd, I like that you acknowledge that you are having an internal struggle on this. Experience and history will probably prevail and your prediction will be accurate, but I concur that there are some x factors at play and I would not be in the least bit suprised to see some fireworks soon. Can you elaborate why you picked those dates, is it because historically it is a slow time of the year for sales? Or is it that you think the media is going to go nuts when the summer numbers are tallied and they suck on an epic proportion? The lender tightening today is going to hit the numbers in the next 60-90 days, right in line with your prediction calendar wise.

[Author]

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