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July 9, 2008 at 8:07 AM #235984July 9, 2008 at 8:29 AM #235825
zzz
ParticipantCan you include a link please to esmith’s blog? thanks
July 9, 2008 at 8:29 AM #235952ParticipantCan you include a link please to esmith’s blog? thanks
July 9, 2008 at 8:29 AM #235961ParticipantCan you include a link please to esmith’s blog? thanks
July 9, 2008 at 8:29 AM #236008ParticipantCan you include a link please to esmith’s blog? thanks
July 9, 2008 at 8:29 AM #236019ParticipantCan you include a link please to esmith’s blog? thanks
July 9, 2008 at 9:13 AM #235850Fearful
Participant[quote=esmith]On the other hand, foreclosures continued strong through 1997, when the housing market was already recovering.[/quote]
The housing market was just beginning to recover in 1997. I’m looking at inflation-adjusted numbers, of course. Foreclosures were declining at that point.
That foreclosure surge lasted about seven years. No reason to expect this to last any less time, no? Barring, of course, some sort of extraordinary surge in the local, domestic, or global economies.
Esmith, thank you for your localized HPI blog. Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.
July 9, 2008 at 9:13 AM #235976Participant[quote=esmith]On the other hand, foreclosures continued strong through 1997, when the housing market was already recovering.[/quote]
The housing market was just beginning to recover in 1997. I’m looking at inflation-adjusted numbers, of course. Foreclosures were declining at that point.
That foreclosure surge lasted about seven years. No reason to expect this to last any less time, no? Barring, of course, some sort of extraordinary surge in the local, domestic, or global economies.
Esmith, thank you for your localized HPI blog. Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.
July 9, 2008 at 9:13 AM #235986Participant[quote=esmith]On the other hand, foreclosures continued strong through 1997, when the housing market was already recovering.[/quote]
The housing market was just beginning to recover in 1997. I’m looking at inflation-adjusted numbers, of course. Foreclosures were declining at that point.
That foreclosure surge lasted about seven years. No reason to expect this to last any less time, no? Barring, of course, some sort of extraordinary surge in the local, domestic, or global economies.
Esmith, thank you for your localized HPI blog. Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.
July 9, 2008 at 9:13 AM #236033Participant[quote=esmith]On the other hand, foreclosures continued strong through 1997, when the housing market was already recovering.[/quote]
The housing market was just beginning to recover in 1997. I’m looking at inflation-adjusted numbers, of course. Foreclosures were declining at that point.
That foreclosure surge lasted about seven years. No reason to expect this to last any less time, no? Barring, of course, some sort of extraordinary surge in the local, domestic, or global economies.
Esmith, thank you for your localized HPI blog. Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.
July 9, 2008 at 9:13 AM #236044Participant[quote=esmith]On the other hand, foreclosures continued strong through 1997, when the housing market was already recovering.[/quote]
The housing market was just beginning to recover in 1997. I’m looking at inflation-adjusted numbers, of course. Foreclosures were declining at that point.
That foreclosure surge lasted about seven years. No reason to expect this to last any less time, no? Barring, of course, some sort of extraordinary surge in the local, domestic, or global economies.
Esmith, thank you for your localized HPI blog. Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.
July 9, 2008 at 9:59 AM #235915cv2
Participant[quote=Fearful]Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.[/quote]
Biotech and Pharmaceuticals have major R&D centers in Torrey Pines area and Carmel Valley is their home. However, with oversea outsourcing of R&D going on, they will be greatly affected.
With the likely outcome that Demos sitting in both white house and capitol hill, I think the R&D outsourcing will take up a notch pretty soon.
July 9, 2008 at 9:59 AM #236041Participant[quote=Fearful]Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.[/quote]
Biotech and Pharmaceuticals have major R&D centers in Torrey Pines area and Carmel Valley is their home. However, with oversea outsourcing of R&D going on, they will be greatly affected.
With the likely outcome that Demos sitting in both white house and capitol hill, I think the R&D outsourcing will take up a notch pretty soon.
July 9, 2008 at 9:59 AM #236052Participant[quote=Fearful]Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.[/quote]
Biotech and Pharmaceuticals have major R&D centers in Torrey Pines area and Carmel Valley is their home. However, with oversea outsourcing of R&D going on, they will be greatly affected.
With the likely outcome that Demos sitting in both white house and capitol hill, I think the R&D outsourcing will take up a notch pretty soon.
July 9, 2008 at 9:59 AM #236097Participant[quote=Fearful]Along with everyone else here, I am stumped by the relative strength of Carmel Valley and other areas. Perhaps a significant part of it is the delayed wave of Alt-A and Option ARM resets.[/quote]
Biotech and Pharmaceuticals have major R&D centers in Torrey Pines area and Carmel Valley is their home. However, with oversea outsourcing of R&D going on, they will be greatly affected.
With the likely outcome that Demos sitting in both white house and capitol hill, I think the R&D outsourcing will take up a notch pretty soon.
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