No dip in county index for 8th straight month

[outtamojo]

No dip in county index for 8th straight month
http://www.signonsandiego.com/news/2010/jan/08/no-dip-county-index-8th-straight-month/

“Based on recent trends, Gin projects that San Diego employers could hire between 3,000 and 5,000 workers this year. Lynn Reaser, economist at Point Loma Nazarene University, is even more optimistic, saying that as many as 18,000 jobs could be created.”

…”On the other hand, building permits fell slightly, suggesting continuing weakness for home construction this year. Gin estimated that builders will file permits for 4,000 new residential units this year, which would make it the second-worst year on record after 2009, when an estimated 3,000 permits were filed.”

How many homes are built /year in San Diego, historically? I think it was 15K if I remember right.More non construction jobs and less homes built = What for the housing market?

[temeculaguy]

Be careful mojo, you are going to get the tsuinami crowd all pissed off by using numbers and such. Might I suggest you mention relationships, child rearing or politics to take the focus off of numbers, especially those numbers that suggest the bottom has passed. Might I suggest that you attack the validity of the employment estimates because the estimator is a woman and probably hates short men, or that Obama forced them to put out rosy estimates, it just makes it more fun, nobody wants to swallow bitter pills.

[temeculaguy]

Be careful mojo, you are going to get the tsuinami crowd all pissed off by using numbers and such. Might I suggest you mention relationships, child rearing or politics to take the focus off of numbers, especially those numbers that suggest the bottom has passed. Might I suggest that you attack the validity of the employment estimates because the estimator is a woman and probably hates short men, or that Obama forced them to put out rosy estimates, it just makes it more fun, nobody wants to swallow bitter pills.

[temeculaguy]

Be careful mojo, you are going to get the tsuinami crowd all pissed off by using numbers and such. Might I suggest you mention relationships, child rearing or politics to take the focus off of numbers, especially those numbers that suggest the bottom has passed. Might I suggest that you attack the validity of the employment estimates because the estimator is a woman and probably hates short men, or that Obama forced them to put out rosy estimates, it just makes it more fun, nobody wants to swallow bitter pills.

[temeculaguy]

Be careful mojo, you are going to get the tsuinami crowd all pissed off by using numbers and such. Might I suggest you mention relationships, child rearing or politics to take the focus off of numbers, especially those numbers that suggest the bottom has passed. Might I suggest that you attack the validity of the employment estimates because the estimator is a woman and probably hates short men, or that Obama forced them to put out rosy estimates, it just makes it more fun, nobody wants to swallow bitter pills.

[temeculaguy]

Be careful mojo, you are going to get the tsuinami crowd all pissed off by using numbers and such. Might I suggest you mention relationships, child rearing or politics to take the focus off of numbers, especially those numbers that suggest the bottom has passed. Might I suggest that you attack the validity of the employment estimates because the estimator is a woman and probably hates short men, or that Obama forced them to put out rosy estimates, it just makes it more fun, nobody wants to swallow bitter pills.

[outtamojo]

I think I’m gonna locate and quote a local disciple of the Mayan calendar-the more dire the outcome the more believable you know.

[outtamojo]

I think I’m gonna locate and quote a local disciple of the Mayan calendar-the more dire the outcome the more believable you know.

[outtamojo]

I think I’m gonna locate and quote a local disciple of the Mayan calendar-the more dire the outcome the more believable you know.

[outtamojo]

I think I’m gonna locate and quote a local disciple of the Mayan calendar-the more dire the outcome the more believable you know.

[outtamojo]

I think I’m gonna locate and quote a local disciple of the Mayan calendar-the more dire the outcome the more believable you know.

[briansd1]

TG, I’m not disagreeing with you on the general trend as far as the general economy is concerned. (although we lost jobs in December again).

But that doesn’t mean that individual houses values won’t fall from their precarious perches. Even as the economic decline has been arrested thanks to government action, there is still plenty of housing speculation “recycling” yet to occur.

Granted, my view is of Downtown San Diego and surrounding areas. I still believe that plenty of speculators will run out of wherewithal unless prices magically return to peak and beyond to make them whole again. That’s the market that I’m watching and I’m not seeing any let-up in distress.

With that said, I’m not a naysayer as I want modest economic growth so the Democrats and Obama get reelected. The economic policies of Democrats and Republicans aren’t much different. I just prefer the social and international-relations agenda of Democrats.

As far as California goes, I like Arnold. Too bad that he can’t run again.

I’m expecting a long period of house price stagnation with some bumps along the road.

[briansd1]

TG, I’m not disagreeing with you on the general trend as far as the general economy is concerned. (although we lost jobs in December again).

But that doesn’t mean that individual houses values won’t fall from their precarious perches. Even as the economic decline has been arrested thanks to government action, there is still plenty of housing speculation “recycling” yet to occur.

Granted, my view is of Downtown San Diego and surrounding areas. I still believe that plenty of speculators will run out of wherewithal unless prices magically return to peak and beyond to make them whole again. That’s the market that I’m watching and I’m not seeing any let-up in distress.

With that said, I’m not a naysayer as I want modest economic growth so the Democrats and Obama get reelected. The economic policies of Democrats and Republicans aren’t much different. I just prefer the social and international-relations agenda of Democrats.

As far as California goes, I like Arnold. Too bad that he can’t run again.

I’m expecting a long period of house price stagnation with some bumps along the road.

[briansd1]

TG, I’m not disagreeing with you on the general trend as far as the general economy is concerned. (although we lost jobs in December again).

But that doesn’t mean that individual houses values won’t fall from their precarious perches. Even as the economic decline has been arrested thanks to government action, there is still plenty of housing speculation “recycling” yet to occur.

Granted, my view is of Downtown San Diego and surrounding areas. I still believe that plenty of speculators will run out of wherewithal unless prices magically return to peak and beyond to make them whole again. That’s the market that I’m watching and I’m not seeing any let-up in distress.

With that said, I’m not a naysayer as I want modest economic growth so the Democrats and Obama get reelected. The economic policies of Democrats and Republicans aren’t much different. I just prefer the social and international-relations agenda of Democrats.

As far as California goes, I like Arnold. Too bad that he can’t run again.

I’m expecting a long period of house price stagnation with some bumps along the road.

[briansd1]

TG, I’m not disagreeing with you on the general trend as far as the general economy is concerned. (although we lost jobs in December again).

But that doesn’t mean that individual houses values won’t fall from their precarious perches. Even as the economic decline has been arrested thanks to government action, there is still plenty of housing speculation “recycling” yet to occur.

Granted, my view is of Downtown San Diego and surrounding areas. I still believe that plenty of speculators will run out of wherewithal unless prices magically return to peak and beyond to make them whole again. That’s the market that I’m watching and I’m not seeing any let-up in distress.

With that said, I’m not a naysayer as I want modest economic growth so the Democrats and Obama get reelected. The economic policies of Democrats and Republicans aren’t much different. I just prefer the social and international-relations agenda of Democrats.

As far as California goes, I like Arnold. Too bad that he can’t run again.

I’m expecting a long period of house price stagnation with some bumps along the road.

[Author]

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