SD COUNTY COASTAL AREAS UN-WHACKED

[SD Realtor]

FSD let me try…

LS there is not an argument that prices are down. However it appears to me your posts would be constructive if you presented them in a different manner. For instance instead of presenting a new post every time you find a new piece of data that bolsters your point of view, why not do something more akin to what JG has done. His data is presented in a comprehensive manner with alot of history to it that shows clear trends. (Note his data is embedded in sdr’s short sale thread but it is REALLY well organized and presented nicely)

Why not gather the monthly medians for all the high end zips for the past several years and plot them. Distinguish between SFR and attached homes. Things like that. Compare them to a few middle income or lower income zips.

Maybe keep it all in one post and update it regularly.

This may be a more constructive way of displaying what is going on. Statistical blips can be identified and dismissed. I think that will display your arguments in a much more organized manner then the current way you do things.

[Cow_tipping]

The wealthy gettting wealthier … ironically doesn’t translate into as robust a sales in high end properties. Why, overall they dont have much of their investment money tied in RE and dont like to do so, and even more importantly, they already live in the area, and they will not buy it just to sit it idle and will not buy to rent it.
For more robust RE sales in wealthy areas you need more people joining the ranks of the wealthy. When that happens, I’d buy the idea that high end RE never goes down.
Now lets see what do I do with these 2 unbelivably cool La Jolla houses, as we all know I live in the palace at La Jolla … I think I’ll rent them out. Yea … see that doesn’t even sound right.
Cool.
Cow_tipping.

[Cow_tipping]

The wealthy gettting wealthier … ironically doesn’t translate into as robust a sales in high end properties. Why, overall they dont have much of their investment money tied in RE and dont like to do so, and even more importantly, they already live in the area, and they will not buy it just to sit it idle and will not buy to rent it.
For more robust RE sales in wealthy areas you need more people joining the ranks of the wealthy. When that happens, I’d buy the idea that high end RE never goes down.
Now lets see what do I do with these 2 unbelivably cool La Jolla houses, as we all know I live in the palace at La Jolla … I think I’ll rent them out. Yea … see that doesn’t even sound right.
Cool.
Cow_tipping.

[cyphire]

I need a great rental in La Jolla – please contact me!!!! Ocean view prefered, and if servants are involved so much the better… Thanks CT

[cyphire]

I need a great rental in La Jolla – please contact me!!!! Ocean view prefered, and if servants are involved so much the better… Thanks CT

[Cow_tipping]

Sorry Cyphire, I am keeping my 3 La jolla country club houses as rentals and to park my 13 Rolls Royces.
I mean, I am getting wealthier by the minute you know, so sitting still they are making me tons of money.
Cool.
Cow_tipping.

[Cow_tipping]

Sorry Cyphire, I am keeping my 3 La jolla country club houses as rentals and to park my 13 Rolls Royces.
I mean, I am getting wealthier by the minute you know, so sitting still they are making me tons of money.
Cool.
Cow_tipping.

[cyphire]

Cow_tipping… Your post made me angry!

I hate how you robber barrons have made my country less fair. I think that anyone with more than 9 Rolls’s is just being ostentatious.

I am going over and egging your properties today.

Please send me a list of addresses so I can properly show my displeasure!

lol

[cyphire]

Cow_tipping… Your post made me angry!

I hate how you robber barrons have made my country less fair. I think that anyone with more than 9 Rolls’s is just being ostentatious.

I am going over and egging your properties today.

Please send me a list of addresses so I can properly show my displeasure!

lol

[cyphire]

Cow_tipping… Your post made me angry!

I hate how you robber barrons have made my country less fair. I think that anyone with more than 9 Rolls’s is just being ostentatious.

I am going over and egging your properties today.

Please send me a list of addresses so I can properly show my displeasure!

lol

[cyphire]

Cow_tipping… Your post made me angry!

I hate how you robber barrons have made my country less fair. I think that anyone with more than 9 Rolls’s is just being ostentatious.

I am going over and egging your properties today.

Please send me a list of addresses so I can properly show my displeasure!

lol

[Bugs]

I consider annual medians to be a blunt spoon because of the different compositions of the datasets. That makes the monthly medians for the region the equivalent to using a snowshovel. Doing monthly medians by zip is like using a plow. For purposes of comparison I personally think it’s a waste of time.

The only reason I look at monthly sales by zip of a few areas is to get *an idea* of the percentages of forced sales and what trends there are on discounting and such. Even that type of analysis is anecdotal in nature, not what I’d call reliable.

I also like to follow volumes of sales and compare those numbers to similar periods in the past, but that’s also just a way to get a reading on the general trends. It’s not specific.

The way I’d get specific about a market’s pricing trends is to do a house-to-house comparison comparing the same house against its competition during the different periods of time.

[Bugs]

I consider annual medians to be a blunt spoon because of the different compositions of the datasets. That makes the monthly medians for the region the equivalent to using a snowshovel. Doing monthly medians by zip is like using a plow. For purposes of comparison I personally think it’s a waste of time.

The only reason I look at monthly sales by zip of a few areas is to get *an idea* of the percentages of forced sales and what trends there are on discounting and such. Even that type of analysis is anecdotal in nature, not what I’d call reliable.

I also like to follow volumes of sales and compare those numbers to similar periods in the past, but that’s also just a way to get a reading on the general trends. It’s not specific.

The way I’d get specific about a market’s pricing trends is to do a house-to-house comparison comparing the same house against its competition during the different periods of time.

[(former)FormerSanDiegan]

Bugs –

I couldn’t agree with you more.

And I suppose the Condo Market has nothing to do with the SFR market?

You still do not understand my point.

1. Prices are down, and will likely continue downward.

2. Monthly zip-code specific medians are extremely noisy.

I believe that you have mistaken my insistence on precision as me being a housing bull.

[(former)FormerSanDiegan]

Bugs –

I couldn’t agree with you more.

And I suppose the Condo Market has nothing to do with the SFR market?

You still do not understand my point.

1. Prices are down, and will likely continue downward.

2. Monthly zip-code specific medians are extremely noisy.

I believe that you have mistaken my insistence on precision as me being a housing bull.

[Author]

Posts