Predicted drops next 2 years in San Diego

[SD Realtor]

ozz you and me would be competing for the same home if west side of neptune hits 600k!

SD Realtor

[Coronita]

You know, so what? Given the options of either saving $2 or making an extra $2, I'd take the later, as it opens more doors than the former.

I'd rather figure out what the next big thing is going to be. Anyone want to guess?

[Coronita]

You know, so what? Given the options of either saving $2 or making an extra $2, I'd take the later, as it opens more doors than the former.

I'd rather figure out what the next big thing is going to be. Anyone want to guess?

[Coronita]

You know, so what? Given the options of either saving $2 or making an extra $2, I'd take the later, as it opens more doors than the former.

I'd rather figure out what the next big thing is going to be. Anyone want to guess?

[stockstradr]

this is a…

tired old topic that gets regurgitated once a month. Anyone who wants to see everyone’s guesstimates on “how low will it go” just do a search thru old threads.

[stockstradr]

this is a…

tired old topic that gets regurgitated once a month. Anyone who wants to see everyone’s guesstimates on “how low will it go” just do a search thru old threads.

[stockstradr]

this is a…

tired old topic that gets regurgitated once a month. Anyone who wants to see everyone’s guesstimates on “how low will it go” just do a search thru old threads.

[SHILOH]

This topic has been discussed a lot but it would be helpful if some of the more savvy posters could reiterate how the trend could develop- based on what has happened over the past two months of summer.
From the ARM reset graph I looked at:
http://www.bubbleinfo.com/statistics-2007/2007/3/15/arm-reset-schedule.html

I think 40% off current prices by 2010. One poster said the auction bids were at 67% of previous purchase price.
If prices return to the “norm” than I guess a formula is possible, 50% off from peak plus 4% annually to 2010, in most average markets. Not high end markets like Coronado, where they really aren’t making land anymore.

There is no way of knowing how much $ the gov will dump into this to make it “feel” better –I don’t see the gov can sustain propping up the whole costly mess, though.

The investors are going to be careful about pouring money into MBS…

How many wealthy people moving into San Diego want to live down by EastLake or south…Olympic Parkway in a depreciating 700K home…are there? I would like to know that. Where can one find these kind of demographics and salary info….

[SHILOH]

This topic has been discussed a lot but it would be helpful if some of the more savvy posters could reiterate how the trend could develop- based on what has happened over the past two months of summer.
From the ARM reset graph I looked at:
http://www.bubbleinfo.com/statistics-2007/2007/3/15/arm-reset-schedule.html

I think 40% off current prices by 2010. One poster said the auction bids were at 67% of previous purchase price.
If prices return to the “norm” than I guess a formula is possible, 50% off from peak plus 4% annually to 2010, in most average markets. Not high end markets like Coronado, where they really aren’t making land anymore.

There is no way of knowing how much $ the gov will dump into this to make it “feel” better –I don’t see the gov can sustain propping up the whole costly mess, though.

The investors are going to be careful about pouring money into MBS…

How many wealthy people moving into San Diego want to live down by EastLake or south…Olympic Parkway in a depreciating 700K home…are there? I would like to know that. Where can one find these kind of demographics and salary info….

[SHILOH]

This topic has been discussed a lot but it would be helpful if some of the more savvy posters could reiterate how the trend could develop- based on what has happened over the past two months of summer.
From the ARM reset graph I looked at:
http://www.bubbleinfo.com/statistics-2007/2007/3/15/arm-reset-schedule.html

I think 40% off current prices by 2010. One poster said the auction bids were at 67% of previous purchase price.
If prices return to the “norm” than I guess a formula is possible, 50% off from peak plus 4% annually to 2010, in most average markets. Not high end markets like Coronado, where they really aren’t making land anymore.

There is no way of knowing how much $ the gov will dump into this to make it “feel” better –I don’t see the gov can sustain propping up the whole costly mess, though.

The investors are going to be careful about pouring money into MBS…

How many wealthy people moving into San Diego want to live down by EastLake or south…Olympic Parkway in a depreciating 700K home…are there? I would like to know that. Where can one find these kind of demographics and salary info….

[NotCranky]

SHILOH
I wish I really knew.

Seems like you understand things enough that your guess is as good as anyone’s. I am sure most houses in this region are going to be worth around 40-50% less than they were 2 years ago one way or another. Predicting how that is going to happen seems more complicated now that it seem almost certain that more rescue strategies will be employed.

Maybe FormerSanDiegan is and has been closest with his mix of inflation and asset depreciation. We will probably get whatever protects the big banks, big lenders and overall economy best from where we are now.If they can get any leverage against big drops they will. The big players are probably happy at this point about the weeding out of smaller lenders and would even like to see a few big competitors go.
Generally speaking I think renters and home owners alike are going to feel like they live in much less prosperous times for the next 10-15 years at least.

Disclaimer: I am certainly not a far reaching expert on any of these matters.

[NotCranky]

SHILOH
I wish I really knew.

Seems like you understand things enough that your guess is as good as anyone’s. I am sure most houses in this region are going to be worth around 40-50% less than they were 2 years ago one way or another. Predicting how that is going to happen seems more complicated now that it seem almost certain that more rescue strategies will be employed.

Maybe FormerSanDiegan is and has been closest with his mix of inflation and asset depreciation. We will probably get whatever protects the big banks, big lenders and overall economy best from where we are now.If they can get any leverage against big drops they will. The big players are probably happy at this point about the weeding out of smaller lenders and would even like to see a few big competitors go.
Generally speaking I think renters and home owners alike are going to feel like they live in much less prosperous times for the next 10-15 years at least.

Disclaimer: I am certainly not a far reaching expert on any of these matters.

[NotCranky]

SHILOH
I wish I really knew.

Seems like you understand things enough that your guess is as good as anyone’s. I am sure most houses in this region are going to be worth around 40-50% less than they were 2 years ago one way or another. Predicting how that is going to happen seems more complicated now that it seem almost certain that more rescue strategies will be employed.

Maybe FormerSanDiegan is and has been closest with his mix of inflation and asset depreciation. We will probably get whatever protects the big banks, big lenders and overall economy best from where we are now.If they can get any leverage against big drops they will. The big players are probably happy at this point about the weeding out of smaller lenders and would even like to see a few big competitors go.
Generally speaking I think renters and home owners alike are going to feel like they live in much less prosperous times for the next 10-15 years at least.

Disclaimer: I am certainly not a far reaching expert on any of these matters.

[farbet]

Tired of the posts. Where are the juicy stuff posters. Maybe on vacation

[farbet]

Tired of the posts. Where are the juicy stuff posters. Maybe on vacation

[Author]

Posts