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January 2, 2009 at 12:45 PM #14734January 2, 2009 at 12:57 PM #322644LAAFTERHOURSParticipant
My 2009 predictions:
I buy a home in 2009 (Pressure from the wife with second child coming and in-house nanny/ neice joining the household). I have been sitting on the sidelines since we sold in DC in 2006 and moved back to SD and its about time to purchase our long term home.. Im predicting the purchase in 4th quarter 2009.
On-topic:
Housing: San Diego County -19%, Nationwide -8%
Im not knowledgeable to comment on the others but am interested to see other takes.
Cheers
January 2, 2009 at 12:57 PM #322989LAAFTERHOURSParticipantMy 2009 predictions:
I buy a home in 2009 (Pressure from the wife with second child coming and in-house nanny/ neice joining the household). I have been sitting on the sidelines since we sold in DC in 2006 and moved back to SD and its about time to purchase our long term home.. Im predicting the purchase in 4th quarter 2009.
On-topic:
Housing: San Diego County -19%, Nationwide -8%
Im not knowledgeable to comment on the others but am interested to see other takes.
Cheers
January 2, 2009 at 12:57 PM #323050LAAFTERHOURSParticipantMy 2009 predictions:
I buy a home in 2009 (Pressure from the wife with second child coming and in-house nanny/ neice joining the household). I have been sitting on the sidelines since we sold in DC in 2006 and moved back to SD and its about time to purchase our long term home.. Im predicting the purchase in 4th quarter 2009.
On-topic:
Housing: San Diego County -19%, Nationwide -8%
Im not knowledgeable to comment on the others but am interested to see other takes.
Cheers
January 2, 2009 at 12:57 PM #323066LAAFTERHOURSParticipantMy 2009 predictions:
I buy a home in 2009 (Pressure from the wife with second child coming and in-house nanny/ neice joining the household). I have been sitting on the sidelines since we sold in DC in 2006 and moved back to SD and its about time to purchase our long term home.. Im predicting the purchase in 4th quarter 2009.
On-topic:
Housing: San Diego County -19%, Nationwide -8%
Im not knowledgeable to comment on the others but am interested to see other takes.
Cheers
January 2, 2009 at 12:57 PM #323147LAAFTERHOURSParticipantMy 2009 predictions:
I buy a home in 2009 (Pressure from the wife with second child coming and in-house nanny/ neice joining the household). I have been sitting on the sidelines since we sold in DC in 2006 and moved back to SD and its about time to purchase our long term home.. Im predicting the purchase in 4th quarter 2009.
On-topic:
Housing: San Diego County -19%, Nationwide -8%
Im not knowledgeable to comment on the others but am interested to see other takes.
Cheers
January 2, 2009 at 12:58 PM #322649HLSParticipantNational Debt @$16-$20 Trillion
Nationwide fear, panic and chaos over economic conditions and higher unemployment.
30 YR mortgage rates @ 6%+
Higher foreclosure numbers than today, lower house prices in most areas.
NAR spouting it’s a great time to buy houses.
January 2, 2009 at 12:58 PM #322994HLSParticipantNational Debt @$16-$20 Trillion
Nationwide fear, panic and chaos over economic conditions and higher unemployment.
30 YR mortgage rates @ 6%+
Higher foreclosure numbers than today, lower house prices in most areas.
NAR spouting it’s a great time to buy houses.
January 2, 2009 at 12:58 PM #323055HLSParticipantNational Debt @$16-$20 Trillion
Nationwide fear, panic and chaos over economic conditions and higher unemployment.
30 YR mortgage rates @ 6%+
Higher foreclosure numbers than today, lower house prices in most areas.
NAR spouting it’s a great time to buy houses.
January 2, 2009 at 12:58 PM #323071HLSParticipantNational Debt @$16-$20 Trillion
Nationwide fear, panic and chaos over economic conditions and higher unemployment.
30 YR mortgage rates @ 6%+
Higher foreclosure numbers than today, lower house prices in most areas.
NAR spouting it’s a great time to buy houses.
January 2, 2009 at 12:58 PM #323152HLSParticipantNational Debt @$16-$20 Trillion
Nationwide fear, panic and chaos over economic conditions and higher unemployment.
30 YR mortgage rates @ 6%+
Higher foreclosure numbers than today, lower house prices in most areas.
NAR spouting it’s a great time to buy houses.
January 2, 2009 at 1:31 PM #322654Ex-SDParticipantCarnac says: This is going to be one hell of a rough year for the USA. Over 14,000 businesses that operate in malls and strip centers are expected to fail this year. Many major brands are in a cash crunch and the government can only hand out welfare to a limited number before they run totally out of cash. It’s going to be a year where those who are the strongest and smartest will survive. I will anxiously await the arrival of 2010 to see what happened in 2009. Cut out all your unnecessary expenses, save your cash and watch those who are laden with debt, lose their homes and cars and jobs. It ain’t gonna be pretty.
Housing :
San Diego: Down another 15-20% by the end of the year. I don’t care how much your wife nags…………… you will regret it if you buy in San Diego or Orange County this year.Nationwide: Down the same as San Diego in all of the big, bubble markets but down only 8-10% in the others
Jobs :
San Diego: Unemployment will hit 12-14% % by year endNationwide: Unemployment will hit 10-12%
Oil : Fluctuating between $30-$40 a barrel the entire year
Strength of $ towards Euro:
The Euro will drop substantially this year. The Dollar and the Euro will be trading at a one for one basis by year end. Europe is just now starting to crumble.The Dollar will also gain strongly against the Yen.
Gold: Who knows? I’m not buying any. It’s too volatile.
Good luck to all.
January 2, 2009 at 1:31 PM #322999Ex-SDParticipantCarnac says: This is going to be one hell of a rough year for the USA. Over 14,000 businesses that operate in malls and strip centers are expected to fail this year. Many major brands are in a cash crunch and the government can only hand out welfare to a limited number before they run totally out of cash. It’s going to be a year where those who are the strongest and smartest will survive. I will anxiously await the arrival of 2010 to see what happened in 2009. Cut out all your unnecessary expenses, save your cash and watch those who are laden with debt, lose their homes and cars and jobs. It ain’t gonna be pretty.
Housing :
San Diego: Down another 15-20% by the end of the year. I don’t care how much your wife nags…………… you will regret it if you buy in San Diego or Orange County this year.Nationwide: Down the same as San Diego in all of the big, bubble markets but down only 8-10% in the others
Jobs :
San Diego: Unemployment will hit 12-14% % by year endNationwide: Unemployment will hit 10-12%
Oil : Fluctuating between $30-$40 a barrel the entire year
Strength of $ towards Euro:
The Euro will drop substantially this year. The Dollar and the Euro will be trading at a one for one basis by year end. Europe is just now starting to crumble.The Dollar will also gain strongly against the Yen.
Gold: Who knows? I’m not buying any. It’s too volatile.
Good luck to all.
January 2, 2009 at 1:31 PM #323060Ex-SDParticipantCarnac says: This is going to be one hell of a rough year for the USA. Over 14,000 businesses that operate in malls and strip centers are expected to fail this year. Many major brands are in a cash crunch and the government can only hand out welfare to a limited number before they run totally out of cash. It’s going to be a year where those who are the strongest and smartest will survive. I will anxiously await the arrival of 2010 to see what happened in 2009. Cut out all your unnecessary expenses, save your cash and watch those who are laden with debt, lose their homes and cars and jobs. It ain’t gonna be pretty.
Housing :
San Diego: Down another 15-20% by the end of the year. I don’t care how much your wife nags…………… you will regret it if you buy in San Diego or Orange County this year.Nationwide: Down the same as San Diego in all of the big, bubble markets but down only 8-10% in the others
Jobs :
San Diego: Unemployment will hit 12-14% % by year endNationwide: Unemployment will hit 10-12%
Oil : Fluctuating between $30-$40 a barrel the entire year
Strength of $ towards Euro:
The Euro will drop substantially this year. The Dollar and the Euro will be trading at a one for one basis by year end. Europe is just now starting to crumble.The Dollar will also gain strongly against the Yen.
Gold: Who knows? I’m not buying any. It’s too volatile.
Good luck to all.
January 2, 2009 at 1:31 PM #323077Ex-SDParticipantCarnac says: This is going to be one hell of a rough year for the USA. Over 14,000 businesses that operate in malls and strip centers are expected to fail this year. Many major brands are in a cash crunch and the government can only hand out welfare to a limited number before they run totally out of cash. It’s going to be a year where those who are the strongest and smartest will survive. I will anxiously await the arrival of 2010 to see what happened in 2009. Cut out all your unnecessary expenses, save your cash and watch those who are laden with debt, lose their homes and cars and jobs. It ain’t gonna be pretty.
Housing :
San Diego: Down another 15-20% by the end of the year. I don’t care how much your wife nags…………… you will regret it if you buy in San Diego or Orange County this year.Nationwide: Down the same as San Diego in all of the big, bubble markets but down only 8-10% in the others
Jobs :
San Diego: Unemployment will hit 12-14% % by year endNationwide: Unemployment will hit 10-12%
Oil : Fluctuating between $30-$40 a barrel the entire year
Strength of $ towards Euro:
The Euro will drop substantially this year. The Dollar and the Euro will be trading at a one for one basis by year end. Europe is just now starting to crumble.The Dollar will also gain strongly against the Yen.
Gold: Who knows? I’m not buying any. It’s too volatile.
Good luck to all.
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