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December 1, 2007 at 8:37 PM #107078December 1, 2007 at 9:28 PM #106985SD RealtorParticipant
One thing that I find intriguing is that whenever I post something, invariably very few people interpret what I am writing in the same manner as I thought they would when I posted it….
I read sdr’s post and I don’t view it as being bullish so I guess you guys would paint me in black and white stripes and label me a bad guy… I view his posts in the same manner as my own, that is, I do not see bullishness or denial of a bull market. Rather the contrary…I also do see the same thing that he has said, that the zip codes here in question are going down and have gone down for awhile now. Have these zips fallen in the same manner or at the same rate as say Eastlake? No… can they? Perhaps. Will it happen in a few weeks time? No it will not.
I also would forecast a spring bump. Not a rally where spring prices exceed last spring prices, but an INCREASE in activity because that is typical of seasonal cycles regardless of the secular trend. To expect otherwise would indeed be illogical. Does it signify a change in direction? Not at all, but my interpretation of sdrs posts didn’t detect that at all. I am not saying a million midwesterners are gonna relocate here or anything like that. I am just saying that overall data ALWAYS SHOWS that there are more sales closed in the months of march, april, may and june then any other months. Back out those timeframes by 30 days (typical escrow length) and that would indicate that if there is anytime of the year that we see increases in homes going into escrow it is in the spring.
It is not a trend reversal nor is it being bullish. It is simply a statement of fact that there are always more closed escrows in the spring then any other time of year.
Why is that interpreted as being a bull? All secular markets have cyclical components last I checked. These increases do not mean a stalling of the depreciation cycle but they may serve to do a small amount of buoying in certain areas. It will fade as we move into summer…
SD Realtor
December 1, 2007 at 9:28 PM #107082SD RealtorParticipantOne thing that I find intriguing is that whenever I post something, invariably very few people interpret what I am writing in the same manner as I thought they would when I posted it….
I read sdr’s post and I don’t view it as being bullish so I guess you guys would paint me in black and white stripes and label me a bad guy… I view his posts in the same manner as my own, that is, I do not see bullishness or denial of a bull market. Rather the contrary…I also do see the same thing that he has said, that the zip codes here in question are going down and have gone down for awhile now. Have these zips fallen in the same manner or at the same rate as say Eastlake? No… can they? Perhaps. Will it happen in a few weeks time? No it will not.
I also would forecast a spring bump. Not a rally where spring prices exceed last spring prices, but an INCREASE in activity because that is typical of seasonal cycles regardless of the secular trend. To expect otherwise would indeed be illogical. Does it signify a change in direction? Not at all, but my interpretation of sdrs posts didn’t detect that at all. I am not saying a million midwesterners are gonna relocate here or anything like that. I am just saying that overall data ALWAYS SHOWS that there are more sales closed in the months of march, april, may and june then any other months. Back out those timeframes by 30 days (typical escrow length) and that would indicate that if there is anytime of the year that we see increases in homes going into escrow it is in the spring.
It is not a trend reversal nor is it being bullish. It is simply a statement of fact that there are always more closed escrows in the spring then any other time of year.
Why is that interpreted as being a bull? All secular markets have cyclical components last I checked. These increases do not mean a stalling of the depreciation cycle but they may serve to do a small amount of buoying in certain areas. It will fade as we move into summer…
SD Realtor
December 1, 2007 at 9:28 PM #107114SD RealtorParticipantOne thing that I find intriguing is that whenever I post something, invariably very few people interpret what I am writing in the same manner as I thought they would when I posted it….
I read sdr’s post and I don’t view it as being bullish so I guess you guys would paint me in black and white stripes and label me a bad guy… I view his posts in the same manner as my own, that is, I do not see bullishness or denial of a bull market. Rather the contrary…I also do see the same thing that he has said, that the zip codes here in question are going down and have gone down for awhile now. Have these zips fallen in the same manner or at the same rate as say Eastlake? No… can they? Perhaps. Will it happen in a few weeks time? No it will not.
I also would forecast a spring bump. Not a rally where spring prices exceed last spring prices, but an INCREASE in activity because that is typical of seasonal cycles regardless of the secular trend. To expect otherwise would indeed be illogical. Does it signify a change in direction? Not at all, but my interpretation of sdrs posts didn’t detect that at all. I am not saying a million midwesterners are gonna relocate here or anything like that. I am just saying that overall data ALWAYS SHOWS that there are more sales closed in the months of march, april, may and june then any other months. Back out those timeframes by 30 days (typical escrow length) and that would indicate that if there is anytime of the year that we see increases in homes going into escrow it is in the spring.
It is not a trend reversal nor is it being bullish. It is simply a statement of fact that there are always more closed escrows in the spring then any other time of year.
Why is that interpreted as being a bull? All secular markets have cyclical components last I checked. These increases do not mean a stalling of the depreciation cycle but they may serve to do a small amount of buoying in certain areas. It will fade as we move into summer…
SD Realtor
December 1, 2007 at 9:28 PM #107121SD RealtorParticipantOne thing that I find intriguing is that whenever I post something, invariably very few people interpret what I am writing in the same manner as I thought they would when I posted it….
I read sdr’s post and I don’t view it as being bullish so I guess you guys would paint me in black and white stripes and label me a bad guy… I view his posts in the same manner as my own, that is, I do not see bullishness or denial of a bull market. Rather the contrary…I also do see the same thing that he has said, that the zip codes here in question are going down and have gone down for awhile now. Have these zips fallen in the same manner or at the same rate as say Eastlake? No… can they? Perhaps. Will it happen in a few weeks time? No it will not.
I also would forecast a spring bump. Not a rally where spring prices exceed last spring prices, but an INCREASE in activity because that is typical of seasonal cycles regardless of the secular trend. To expect otherwise would indeed be illogical. Does it signify a change in direction? Not at all, but my interpretation of sdrs posts didn’t detect that at all. I am not saying a million midwesterners are gonna relocate here or anything like that. I am just saying that overall data ALWAYS SHOWS that there are more sales closed in the months of march, april, may and june then any other months. Back out those timeframes by 30 days (typical escrow length) and that would indicate that if there is anytime of the year that we see increases in homes going into escrow it is in the spring.
It is not a trend reversal nor is it being bullish. It is simply a statement of fact that there are always more closed escrows in the spring then any other time of year.
Why is that interpreted as being a bull? All secular markets have cyclical components last I checked. These increases do not mean a stalling of the depreciation cycle but they may serve to do a small amount of buoying in certain areas. It will fade as we move into summer…
SD Realtor
December 1, 2007 at 9:28 PM #107143SD RealtorParticipantOne thing that I find intriguing is that whenever I post something, invariably very few people interpret what I am writing in the same manner as I thought they would when I posted it….
I read sdr’s post and I don’t view it as being bullish so I guess you guys would paint me in black and white stripes and label me a bad guy… I view his posts in the same manner as my own, that is, I do not see bullishness or denial of a bull market. Rather the contrary…I also do see the same thing that he has said, that the zip codes here in question are going down and have gone down for awhile now. Have these zips fallen in the same manner or at the same rate as say Eastlake? No… can they? Perhaps. Will it happen in a few weeks time? No it will not.
I also would forecast a spring bump. Not a rally where spring prices exceed last spring prices, but an INCREASE in activity because that is typical of seasonal cycles regardless of the secular trend. To expect otherwise would indeed be illogical. Does it signify a change in direction? Not at all, but my interpretation of sdrs posts didn’t detect that at all. I am not saying a million midwesterners are gonna relocate here or anything like that. I am just saying that overall data ALWAYS SHOWS that there are more sales closed in the months of march, april, may and june then any other months. Back out those timeframes by 30 days (typical escrow length) and that would indicate that if there is anytime of the year that we see increases in homes going into escrow it is in the spring.
It is not a trend reversal nor is it being bullish. It is simply a statement of fact that there are always more closed escrows in the spring then any other time of year.
Why is that interpreted as being a bull? All secular markets have cyclical components last I checked. These increases do not mean a stalling of the depreciation cycle but they may serve to do a small amount of buoying in certain areas. It will fade as we move into summer…
SD Realtor
December 1, 2007 at 9:28 PM #106980sdrealtorParticipantYour math isnt far off but your idea of prices are. You can buy a 3000+ sq ft nearly new home for 650,000 in SEH. heck you can probably get a new one for that. You could also find a very nice newer home in 92009 this year if you knew where to look and how to find it.
My friends dont fit anything close to what you described. They are two very well educated and experienced professionals but neither drs, lawyers or execs. Plenty of people dont make that kind of money but around here alot do and I know many that make alot more. Heck even waitingforthebottom’s wife has met several women whose husbands make 150K plus. She doesnt get to meet the wives who are working and also making as much (sometimes more) as their husbands.
This is a county of 3,000,000 people! Dont be so naive to believe there arent alot of people making good money one way or another. Where do you think those people want to live….Jamul?
(sorry Rus, drinkin again)
December 1, 2007 at 9:28 PM #107076sdrealtorParticipantYour math isnt far off but your idea of prices are. You can buy a 3000+ sq ft nearly new home for 650,000 in SEH. heck you can probably get a new one for that. You could also find a very nice newer home in 92009 this year if you knew where to look and how to find it.
My friends dont fit anything close to what you described. They are two very well educated and experienced professionals but neither drs, lawyers or execs. Plenty of people dont make that kind of money but around here alot do and I know many that make alot more. Heck even waitingforthebottom’s wife has met several women whose husbands make 150K plus. She doesnt get to meet the wives who are working and also making as much (sometimes more) as their husbands.
This is a county of 3,000,000 people! Dont be so naive to believe there arent alot of people making good money one way or another. Where do you think those people want to live….Jamul?
(sorry Rus, drinkin again)
December 1, 2007 at 9:28 PM #107109sdrealtorParticipantYour math isnt far off but your idea of prices are. You can buy a 3000+ sq ft nearly new home for 650,000 in SEH. heck you can probably get a new one for that. You could also find a very nice newer home in 92009 this year if you knew where to look and how to find it.
My friends dont fit anything close to what you described. They are two very well educated and experienced professionals but neither drs, lawyers or execs. Plenty of people dont make that kind of money but around here alot do and I know many that make alot more. Heck even waitingforthebottom’s wife has met several women whose husbands make 150K plus. She doesnt get to meet the wives who are working and also making as much (sometimes more) as their husbands.
This is a county of 3,000,000 people! Dont be so naive to believe there arent alot of people making good money one way or another. Where do you think those people want to live….Jamul?
(sorry Rus, drinkin again)
December 1, 2007 at 9:28 PM #107116sdrealtorParticipantYour math isnt far off but your idea of prices are. You can buy a 3000+ sq ft nearly new home for 650,000 in SEH. heck you can probably get a new one for that. You could also find a very nice newer home in 92009 this year if you knew where to look and how to find it.
My friends dont fit anything close to what you described. They are two very well educated and experienced professionals but neither drs, lawyers or execs. Plenty of people dont make that kind of money but around here alot do and I know many that make alot more. Heck even waitingforthebottom’s wife has met several women whose husbands make 150K plus. She doesnt get to meet the wives who are working and also making as much (sometimes more) as their husbands.
This is a county of 3,000,000 people! Dont be so naive to believe there arent alot of people making good money one way or another. Where do you think those people want to live….Jamul?
(sorry Rus, drinkin again)
December 1, 2007 at 9:28 PM #107138sdrealtorParticipantYour math isnt far off but your idea of prices are. You can buy a 3000+ sq ft nearly new home for 650,000 in SEH. heck you can probably get a new one for that. You could also find a very nice newer home in 92009 this year if you knew where to look and how to find it.
My friends dont fit anything close to what you described. They are two very well educated and experienced professionals but neither drs, lawyers or execs. Plenty of people dont make that kind of money but around here alot do and I know many that make alot more. Heck even waitingforthebottom’s wife has met several women whose husbands make 150K plus. She doesnt get to meet the wives who are working and also making as much (sometimes more) as their husbands.
This is a county of 3,000,000 people! Dont be so naive to believe there arent alot of people making good money one way or another. Where do you think those people want to live….Jamul?
(sorry Rus, drinkin again)
December 1, 2007 at 10:21 PM #107035NotCrankyParticipantSo every time you have a drink you need to bad mouth South Eastern Rancho Santa Fe? I mean Jamul.
December 1, 2007 at 10:21 PM #107132NotCrankyParticipantSo every time you have a drink you need to bad mouth South Eastern Rancho Santa Fe? I mean Jamul.
December 1, 2007 at 10:21 PM #107164NotCrankyParticipantSo every time you have a drink you need to bad mouth South Eastern Rancho Santa Fe? I mean Jamul.
December 1, 2007 at 10:21 PM #107172NotCrankyParticipantSo every time you have a drink you need to bad mouth South Eastern Rancho Santa Fe? I mean Jamul.
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