Home › Forums › Financial Markets/Economics › U-Haul shows moves to California
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April 22, 2009 at 10:44 PM #386605April 22, 2009 at 10:56 PM #385966(former)FormerSanDieganParticipant
[quote=paramount]California:
Highest taxes in the country
Among the highest unemployment rate
Running out of water
Traffic, traffic, traffic
Pollution/smog
Gas prices among the highest in the country[/quote]
These same factors were in place in 1975.
April 22, 2009 at 10:56 PM #386232(former)FormerSanDieganParticipant[quote=paramount]California:
Highest taxes in the country
Among the highest unemployment rate
Running out of water
Traffic, traffic, traffic
Pollution/smog
Gas prices among the highest in the country[/quote]
These same factors were in place in 1975.
April 22, 2009 at 10:56 PM #386429(former)FormerSanDieganParticipant[quote=paramount]California:
Highest taxes in the country
Among the highest unemployment rate
Running out of water
Traffic, traffic, traffic
Pollution/smog
Gas prices among the highest in the country[/quote]
These same factors were in place in 1975.
April 22, 2009 at 10:56 PM #386477(former)FormerSanDieganParticipant[quote=paramount]California:
Highest taxes in the country
Among the highest unemployment rate
Running out of water
Traffic, traffic, traffic
Pollution/smog
Gas prices among the highest in the country[/quote]
These same factors were in place in 1975.
April 22, 2009 at 10:56 PM #386615(former)FormerSanDieganParticipant[quote=paramount]California:
Highest taxes in the country
Among the highest unemployment rate
Running out of water
Traffic, traffic, traffic
Pollution/smog
Gas prices among the highest in the country[/quote]
These same factors were in place in 1975.
April 23, 2009 at 8:05 AM #386116Nor-LA-SD-guyParticipantMy Guess, they are coming from places like ,
Charlotte, N.C. and Las Vegas maybe Phoenix as well.Seasonal strength in home sales was evident in February 2009,” said RadarLogic in its RPX Monthly Housing Market Report released today. “Transactions increased…13 MSAs posted their largest month-over-month increases since 2006.”
Sales in San Jose, Calif. saw the biggest year-over-year increase, climbing more than 43%, followed closely by Sacramento, and Los Angeles, Calif. In contrast, Charlotte, N.C. and Las Vegas, Nev. didn’t fare so well, as their transaction counts posted the largest drops at 56.9% and 55.7%, respectively. But month-over-month data painted a rosier picture, as only Philadelphia and Milwaukee experienced a decline in home transactions.
In the closely watched California housing market, buyers appear to have returned in February, likely attracted by prices not seen since 2001 and 2002, the report said. On a year-over-year basis, the total transaction count across the five California metro areas tracked by Radar Logic increased a significant 35%.
In the five California MSAs, sales outside of foreclosure jumped dramatically in February and outpaced increases in motivated sales, according to the report. As a result, motivated sales decreased as a share of total sales, though motivated sales continued to account for more than 40% of sales in each of the MSAs. Historically, since 2007, motivated sales’ share of total sales has increased in most months.
April 23, 2009 at 8:05 AM #386381Nor-LA-SD-guyParticipantMy Guess, they are coming from places like ,
Charlotte, N.C. and Las Vegas maybe Phoenix as well.Seasonal strength in home sales was evident in February 2009,” said RadarLogic in its RPX Monthly Housing Market Report released today. “Transactions increased…13 MSAs posted their largest month-over-month increases since 2006.”
Sales in San Jose, Calif. saw the biggest year-over-year increase, climbing more than 43%, followed closely by Sacramento, and Los Angeles, Calif. In contrast, Charlotte, N.C. and Las Vegas, Nev. didn’t fare so well, as their transaction counts posted the largest drops at 56.9% and 55.7%, respectively. But month-over-month data painted a rosier picture, as only Philadelphia and Milwaukee experienced a decline in home transactions.
In the closely watched California housing market, buyers appear to have returned in February, likely attracted by prices not seen since 2001 and 2002, the report said. On a year-over-year basis, the total transaction count across the five California metro areas tracked by Radar Logic increased a significant 35%.
In the five California MSAs, sales outside of foreclosure jumped dramatically in February and outpaced increases in motivated sales, according to the report. As a result, motivated sales decreased as a share of total sales, though motivated sales continued to account for more than 40% of sales in each of the MSAs. Historically, since 2007, motivated sales’ share of total sales has increased in most months.
April 23, 2009 at 8:05 AM #386578Nor-LA-SD-guyParticipantMy Guess, they are coming from places like ,
Charlotte, N.C. and Las Vegas maybe Phoenix as well.Seasonal strength in home sales was evident in February 2009,” said RadarLogic in its RPX Monthly Housing Market Report released today. “Transactions increased…13 MSAs posted their largest month-over-month increases since 2006.”
Sales in San Jose, Calif. saw the biggest year-over-year increase, climbing more than 43%, followed closely by Sacramento, and Los Angeles, Calif. In contrast, Charlotte, N.C. and Las Vegas, Nev. didn’t fare so well, as their transaction counts posted the largest drops at 56.9% and 55.7%, respectively. But month-over-month data painted a rosier picture, as only Philadelphia and Milwaukee experienced a decline in home transactions.
In the closely watched California housing market, buyers appear to have returned in February, likely attracted by prices not seen since 2001 and 2002, the report said. On a year-over-year basis, the total transaction count across the five California metro areas tracked by Radar Logic increased a significant 35%.
In the five California MSAs, sales outside of foreclosure jumped dramatically in February and outpaced increases in motivated sales, according to the report. As a result, motivated sales decreased as a share of total sales, though motivated sales continued to account for more than 40% of sales in each of the MSAs. Historically, since 2007, motivated sales’ share of total sales has increased in most months.
April 23, 2009 at 8:05 AM #386627Nor-LA-SD-guyParticipantMy Guess, they are coming from places like ,
Charlotte, N.C. and Las Vegas maybe Phoenix as well.Seasonal strength in home sales was evident in February 2009,” said RadarLogic in its RPX Monthly Housing Market Report released today. “Transactions increased…13 MSAs posted their largest month-over-month increases since 2006.”
Sales in San Jose, Calif. saw the biggest year-over-year increase, climbing more than 43%, followed closely by Sacramento, and Los Angeles, Calif. In contrast, Charlotte, N.C. and Las Vegas, Nev. didn’t fare so well, as their transaction counts posted the largest drops at 56.9% and 55.7%, respectively. But month-over-month data painted a rosier picture, as only Philadelphia and Milwaukee experienced a decline in home transactions.
In the closely watched California housing market, buyers appear to have returned in February, likely attracted by prices not seen since 2001 and 2002, the report said. On a year-over-year basis, the total transaction count across the five California metro areas tracked by Radar Logic increased a significant 35%.
In the five California MSAs, sales outside of foreclosure jumped dramatically in February and outpaced increases in motivated sales, according to the report. As a result, motivated sales decreased as a share of total sales, though motivated sales continued to account for more than 40% of sales in each of the MSAs. Historically, since 2007, motivated sales’ share of total sales has increased in most months.
April 23, 2009 at 8:05 AM #386764Nor-LA-SD-guyParticipantMy Guess, they are coming from places like ,
Charlotte, N.C. and Las Vegas maybe Phoenix as well.Seasonal strength in home sales was evident in February 2009,” said RadarLogic in its RPX Monthly Housing Market Report released today. “Transactions increased…13 MSAs posted their largest month-over-month increases since 2006.”
Sales in San Jose, Calif. saw the biggest year-over-year increase, climbing more than 43%, followed closely by Sacramento, and Los Angeles, Calif. In contrast, Charlotte, N.C. and Las Vegas, Nev. didn’t fare so well, as their transaction counts posted the largest drops at 56.9% and 55.7%, respectively. But month-over-month data painted a rosier picture, as only Philadelphia and Milwaukee experienced a decline in home transactions.
In the closely watched California housing market, buyers appear to have returned in February, likely attracted by prices not seen since 2001 and 2002, the report said. On a year-over-year basis, the total transaction count across the five California metro areas tracked by Radar Logic increased a significant 35%.
In the five California MSAs, sales outside of foreclosure jumped dramatically in February and outpaced increases in motivated sales, according to the report. As a result, motivated sales decreased as a share of total sales, though motivated sales continued to account for more than 40% of sales in each of the MSAs. Historically, since 2007, motivated sales’ share of total sales has increased in most months.
April 23, 2009 at 8:22 AM #386121blahblahblahParticipantWhat hapeended to those people who moved to California in, say 1935 ?
I found this article that touches on that topic. Here’s an excerpt:
As World War II wore on, the state of the economy, both in California and across the nation, improved dramatically as the defense industry geared up to meet the needs of the war effort. Many of the migrants went off to fight in the war. Those who were left behind took advantage of the job opportunities that had become available in West Coast shipyards and defense plants. As a result of this more stable lifestyle, numerous Dust Bowl refugees put down new roots in California soil, where their descendants reside to this day.
I definitely recommend reading “The Grapes of Wrath” for a full understanding of the experience. Steinbeck spent a lot of time with migrant workers, and with this novel tried to tell their side of the story.
Another great novel that seems appropriate these days is “The Great Gatsby”. Whenever I see some 30-something real estate tycoon driving his Bentley I am always reminded of the Jay Gatsby character…
April 23, 2009 at 8:22 AM #386386blahblahblahParticipantWhat hapeended to those people who moved to California in, say 1935 ?
I found this article that touches on that topic. Here’s an excerpt:
As World War II wore on, the state of the economy, both in California and across the nation, improved dramatically as the defense industry geared up to meet the needs of the war effort. Many of the migrants went off to fight in the war. Those who were left behind took advantage of the job opportunities that had become available in West Coast shipyards and defense plants. As a result of this more stable lifestyle, numerous Dust Bowl refugees put down new roots in California soil, where their descendants reside to this day.
I definitely recommend reading “The Grapes of Wrath” for a full understanding of the experience. Steinbeck spent a lot of time with migrant workers, and with this novel tried to tell their side of the story.
Another great novel that seems appropriate these days is “The Great Gatsby”. Whenever I see some 30-something real estate tycoon driving his Bentley I am always reminded of the Jay Gatsby character…
April 23, 2009 at 8:22 AM #386583blahblahblahParticipantWhat hapeended to those people who moved to California in, say 1935 ?
I found this article that touches on that topic. Here’s an excerpt:
As World War II wore on, the state of the economy, both in California and across the nation, improved dramatically as the defense industry geared up to meet the needs of the war effort. Many of the migrants went off to fight in the war. Those who were left behind took advantage of the job opportunities that had become available in West Coast shipyards and defense plants. As a result of this more stable lifestyle, numerous Dust Bowl refugees put down new roots in California soil, where their descendants reside to this day.
I definitely recommend reading “The Grapes of Wrath” for a full understanding of the experience. Steinbeck spent a lot of time with migrant workers, and with this novel tried to tell their side of the story.
Another great novel that seems appropriate these days is “The Great Gatsby”. Whenever I see some 30-something real estate tycoon driving his Bentley I am always reminded of the Jay Gatsby character…
April 23, 2009 at 8:22 AM #386632blahblahblahParticipantWhat hapeended to those people who moved to California in, say 1935 ?
I found this article that touches on that topic. Here’s an excerpt:
As World War II wore on, the state of the economy, both in California and across the nation, improved dramatically as the defense industry geared up to meet the needs of the war effort. Many of the migrants went off to fight in the war. Those who were left behind took advantage of the job opportunities that had become available in West Coast shipyards and defense plants. As a result of this more stable lifestyle, numerous Dust Bowl refugees put down new roots in California soil, where their descendants reside to this day.
I definitely recommend reading “The Grapes of Wrath” for a full understanding of the experience. Steinbeck spent a lot of time with migrant workers, and with this novel tried to tell their side of the story.
Another great novel that seems appropriate these days is “The Great Gatsby”. Whenever I see some 30-something real estate tycoon driving his Bentley I am always reminded of the Jay Gatsby character…
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