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December 28, 2010 at 11:05 PM #646639December 28, 2010 at 11:09 PM #645525
an
Participant[quote=sdrealtor][quote=flu][quote=waiting hawk][quote=surveyor]Somewhere a piggington is using this to bid $175k on a La Jolla property…[/quote]
no way. 175k is to much i was thinkin 99k. Who would want to live in that dump area.[/quote]
I’d rather live in LJ adjunct.[/quote]
LOL, I know what you are getting at[/quote]
It’s only 10 minutes away.December 28, 2010 at 11:09 PM #645596Participant[quote=sdrealtor][quote=flu][quote=waiting hawk][quote=surveyor]Somewhere a piggington is using this to bid $175k on a La Jolla property…[/quote]
no way. 175k is to much i was thinkin 99k. Who would want to live in that dump area.[/quote]
I’d rather live in LJ adjunct.[/quote]
LOL, I know what you are getting at[/quote]
It’s only 10 minutes away.December 28, 2010 at 11:09 PM #646179Participant[quote=sdrealtor][quote=flu][quote=waiting hawk][quote=surveyor]Somewhere a piggington is using this to bid $175k on a La Jolla property…[/quote]
no way. 175k is to much i was thinkin 99k. Who would want to live in that dump area.[/quote]
I’d rather live in LJ adjunct.[/quote]
LOL, I know what you are getting at[/quote]
It’s only 10 minutes away.December 28, 2010 at 11:09 PM #646318Participant[quote=sdrealtor][quote=flu][quote=waiting hawk][quote=surveyor]Somewhere a piggington is using this to bid $175k on a La Jolla property…[/quote]
no way. 175k is to much i was thinkin 99k. Who would want to live in that dump area.[/quote]
I’d rather live in LJ adjunct.[/quote]
LOL, I know what you are getting at[/quote]
It’s only 10 minutes away.December 28, 2010 at 11:09 PM #646644Participant[quote=sdrealtor][quote=flu][quote=waiting hawk][quote=surveyor]Somewhere a piggington is using this to bid $175k on a La Jolla property…[/quote]
no way. 175k is to much i was thinkin 99k. Who would want to live in that dump area.[/quote]
I’d rather live in LJ adjunct.[/quote]
LOL, I know what you are getting at[/quote]
It’s only 10 minutes away.December 29, 2010 at 10:38 PM #645971joec
Participant[quote=HiggyBaby]SD, YOY up, MTM Down….
“There is no good news in the report,” said David M. Blitzer, chairman of the index committee for Standard & Poor’s. “Home prices across the country continue to fall.
http://www.signonsandiego.com/news/2010/dec/28/case-shiller-test/
Metro area Oct/Sep% Sept/Aug% 1 year%
San Diego -1.5% -1.0% 3.0%“Only four cities in the report — Los Angeles, San Diego, San Francisco and Washington, D.C. — reported home prices that were higher in October 2010 then they were in October 2009. In San Diego, prices were up 3 percent year over year.”
Great time to sit and watch in Atlanta, Chicago, Detroit, or Phoenix…..
😉
San Diego? Hmmmm……[/quote]
I think getting back to numbers similar to inflation would be nice. For most folks who have a mortgage, seeing 3% growth when you have 10 or 20% down in a low inflationary environment is pretty awesome (the leverage works out to 30% or 15% gains on your money?).
Who knows what’ll happen next year…
December 29, 2010 at 10:38 PM #646043Participant[quote=HiggyBaby]SD, YOY up, MTM Down….
“There is no good news in the report,” said David M. Blitzer, chairman of the index committee for Standard & Poor’s. “Home prices across the country continue to fall.
http://www.signonsandiego.com/news/2010/dec/28/case-shiller-test/
Metro area Oct/Sep% Sept/Aug% 1 year%
San Diego -1.5% -1.0% 3.0%“Only four cities in the report — Los Angeles, San Diego, San Francisco and Washington, D.C. — reported home prices that were higher in October 2010 then they were in October 2009. In San Diego, prices were up 3 percent year over year.”
Great time to sit and watch in Atlanta, Chicago, Detroit, or Phoenix…..
😉
San Diego? Hmmmm……[/quote]
I think getting back to numbers similar to inflation would be nice. For most folks who have a mortgage, seeing 3% growth when you have 10 or 20% down in a low inflationary environment is pretty awesome (the leverage works out to 30% or 15% gains on your money?).
Who knows what’ll happen next year…
December 29, 2010 at 10:38 PM #646628Participant[quote=HiggyBaby]SD, YOY up, MTM Down….
“There is no good news in the report,” said David M. Blitzer, chairman of the index committee for Standard & Poor’s. “Home prices across the country continue to fall.
http://www.signonsandiego.com/news/2010/dec/28/case-shiller-test/
Metro area Oct/Sep% Sept/Aug% 1 year%
San Diego -1.5% -1.0% 3.0%“Only four cities in the report — Los Angeles, San Diego, San Francisco and Washington, D.C. — reported home prices that were higher in October 2010 then they were in October 2009. In San Diego, prices were up 3 percent year over year.”
Great time to sit and watch in Atlanta, Chicago, Detroit, or Phoenix…..
😉
San Diego? Hmmmm……[/quote]
I think getting back to numbers similar to inflation would be nice. For most folks who have a mortgage, seeing 3% growth when you have 10 or 20% down in a low inflationary environment is pretty awesome (the leverage works out to 30% or 15% gains on your money?).
Who knows what’ll happen next year…
December 29, 2010 at 10:38 PM #646768Participant[quote=HiggyBaby]SD, YOY up, MTM Down….
“There is no good news in the report,” said David M. Blitzer, chairman of the index committee for Standard & Poor’s. “Home prices across the country continue to fall.
http://www.signonsandiego.com/news/2010/dec/28/case-shiller-test/
Metro area Oct/Sep% Sept/Aug% 1 year%
San Diego -1.5% -1.0% 3.0%“Only four cities in the report — Los Angeles, San Diego, San Francisco and Washington, D.C. — reported home prices that were higher in October 2010 then they were in October 2009. In San Diego, prices were up 3 percent year over year.”
Great time to sit and watch in Atlanta, Chicago, Detroit, or Phoenix…..
😉
San Diego? Hmmmm……[/quote]
I think getting back to numbers similar to inflation would be nice. For most folks who have a mortgage, seeing 3% growth when you have 10 or 20% down in a low inflationary environment is pretty awesome (the leverage works out to 30% or 15% gains on your money?).
Who knows what’ll happen next year…
December 29, 2010 at 10:38 PM #647092Participant[quote=HiggyBaby]SD, YOY up, MTM Down….
“There is no good news in the report,” said David M. Blitzer, chairman of the index committee for Standard & Poor’s. “Home prices across the country continue to fall.
http://www.signonsandiego.com/news/2010/dec/28/case-shiller-test/
Metro area Oct/Sep% Sept/Aug% 1 year%
San Diego -1.5% -1.0% 3.0%“Only four cities in the report — Los Angeles, San Diego, San Francisco and Washington, D.C. — reported home prices that were higher in October 2010 then they were in October 2009. In San Diego, prices were up 3 percent year over year.”
Great time to sit and watch in Atlanta, Chicago, Detroit, or Phoenix…..
😉
San Diego? Hmmmm……[/quote]
I think getting back to numbers similar to inflation would be nice. For most folks who have a mortgage, seeing 3% growth when you have 10 or 20% down in a low inflationary environment is pretty awesome (the leverage works out to 30% or 15% gains on your money?).
Who knows what’ll happen next year…
December 30, 2010 at 3:17 PM #646230patientrenter
ParticipantIt’s fascinating how people proclaim that they have learned their lesson: “Buying a home is about paying your own real money, just to get shelter for yourself and your family. It’s not about speculating with OPM.”
Yet, despite all these proclamations, almost everyone cheers higher home prices, giving the lie to their supposed new attitudes. Obviously, if buying a home is mostly about paying for shelter, then lower prices are better than higher prices. We don’t cheer when food prices or car prices increase.
We haven’t yet learned our lesson. It will take many years, and we’ll spend many trillions on a variety of direct and indirect house price supports before then.
December 30, 2010 at 3:17 PM #646301ParticipantIt’s fascinating how people proclaim that they have learned their lesson: “Buying a home is about paying your own real money, just to get shelter for yourself and your family. It’s not about speculating with OPM.”
Yet, despite all these proclamations, almost everyone cheers higher home prices, giving the lie to their supposed new attitudes. Obviously, if buying a home is mostly about paying for shelter, then lower prices are better than higher prices. We don’t cheer when food prices or car prices increase.
We haven’t yet learned our lesson. It will take many years, and we’ll spend many trillions on a variety of direct and indirect house price supports before then.
December 30, 2010 at 3:17 PM #646888ParticipantIt’s fascinating how people proclaim that they have learned their lesson: “Buying a home is about paying your own real money, just to get shelter for yourself and your family. It’s not about speculating with OPM.”
Yet, despite all these proclamations, almost everyone cheers higher home prices, giving the lie to their supposed new attitudes. Obviously, if buying a home is mostly about paying for shelter, then lower prices are better than higher prices. We don’t cheer when food prices or car prices increase.
We haven’t yet learned our lesson. It will take many years, and we’ll spend many trillions on a variety of direct and indirect house price supports before then.
December 30, 2010 at 3:17 PM #647025ParticipantIt’s fascinating how people proclaim that they have learned their lesson: “Buying a home is about paying your own real money, just to get shelter for yourself and your family. It’s not about speculating with OPM.”
Yet, despite all these proclamations, almost everyone cheers higher home prices, giving the lie to their supposed new attitudes. Obviously, if buying a home is mostly about paying for shelter, then lower prices are better than higher prices. We don’t cheer when food prices or car prices increase.
We haven’t yet learned our lesson. It will take many years, and we’ll spend many trillions on a variety of direct and indirect house price supports before then.
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