- This topic has 165 replies, 17 voices, and was last updated 17 years, 9 months ago by
SD Realtor.
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February 27, 2008 at 1:09 PM #161329February 27, 2008 at 1:09 PM #160936
raptorduck
ParticipantA slight contrarian stance, I am operating under the assumption that the bottom in RSF (and perhaps some of the surrounding communities) will bottom out by the end of Q1 2009.
February 27, 2008 at 1:09 PM #161231raptorduck
ParticipantA slight contrarian stance, I am operating under the assumption that the bottom in RSF (and perhaps some of the surrounding communities) will bottom out by the end of Q1 2009.
February 27, 2008 at 1:09 PM #161247raptorduck
ParticipantA slight contrarian stance, I am operating under the assumption that the bottom in RSF (and perhaps some of the surrounding communities) will bottom out by the end of Q1 2009.
February 27, 2008 at 1:09 PM #161267raptorduck
ParticipantA slight contrarian stance, I am operating under the assumption that the bottom in RSF (and perhaps some of the surrounding communities) will bottom out by the end of Q1 2009.
February 27, 2008 at 1:09 PM #161334raptorduck
ParticipantA slight contrarian stance, I am operating under the assumption that the bottom in RSF (and perhaps some of the surrounding communities) will bottom out by the end of Q1 2009.
February 27, 2008 at 1:15 PM #160942gdcox
ParticipantGraham
If you look at Rich’s three way split of the CS price index, you see a difference in scale of boom and hence speed of descent BUT a coincidence of peak.Is it not possible that all area bottom at the same time , though the extent of fall to that date will have varied massively between area.
February 27, 2008 at 1:15 PM #161238gdcox
ParticipantGraham
If you look at Rich’s three way split of the CS price index, you see a difference in scale of boom and hence speed of descent BUT a coincidence of peak.Is it not possible that all area bottom at the same time , though the extent of fall to that date will have varied massively between area.
February 27, 2008 at 1:15 PM #161252gdcox
ParticipantGraham
If you look at Rich’s three way split of the CS price index, you see a difference in scale of boom and hence speed of descent BUT a coincidence of peak.Is it not possible that all area bottom at the same time , though the extent of fall to that date will have varied massively between area.
February 27, 2008 at 1:15 PM #161270gdcox
ParticipantGraham
If you look at Rich’s three way split of the CS price index, you see a difference in scale of boom and hence speed of descent BUT a coincidence of peak.Is it not possible that all area bottom at the same time , though the extent of fall to that date will have varied massively between area.
February 27, 2008 at 1:15 PM #161339gdcox
ParticipantGraham
If you look at Rich’s three way split of the CS price index, you see a difference in scale of boom and hence speed of descent BUT a coincidence of peak.Is it not possible that all area bottom at the same time , though the extent of fall to that date will have varied massively between area.
February 27, 2008 at 1:21 PM #160967sdrealtor
ParticipantI think it is possible that all areas will be sitting at the bottom around the same time but that doesnt mean they will reach that bottom at the same time.
Less desirable areas have fallen fast and hard already. They are quickly approaching a price where buy vs rent makes sense. The OP’s point was when will these areas reach a price that is within 10% of the bottom they will see. I dont believe he implied any turnaround timeframe.
February 27, 2008 at 1:21 PM #161263sdrealtor
ParticipantI think it is possible that all areas will be sitting at the bottom around the same time but that doesnt mean they will reach that bottom at the same time.
Less desirable areas have fallen fast and hard already. They are quickly approaching a price where buy vs rent makes sense. The OP’s point was when will these areas reach a price that is within 10% of the bottom they will see. I dont believe he implied any turnaround timeframe.
February 27, 2008 at 1:21 PM #161277sdrealtor
ParticipantI think it is possible that all areas will be sitting at the bottom around the same time but that doesnt mean they will reach that bottom at the same time.
Less desirable areas have fallen fast and hard already. They are quickly approaching a price where buy vs rent makes sense. The OP’s point was when will these areas reach a price that is within 10% of the bottom they will see. I dont believe he implied any turnaround timeframe.
February 27, 2008 at 1:21 PM #161295sdrealtor
ParticipantI think it is possible that all areas will be sitting at the bottom around the same time but that doesnt mean they will reach that bottom at the same time.
Less desirable areas have fallen fast and hard already. They are quickly approaching a price where buy vs rent makes sense. The OP’s point was when will these areas reach a price that is within 10% of the bottom they will see. I dont believe he implied any turnaround timeframe.
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