We have hit bottom!

[paramount]

Based on zillow my house in Temecula – after approx 2 years of decreasing value – has started to tick up ever so slightly.

[SD Transplant]

According to the CEO of Bank of America, the bottom in the housing market is somewhere at the end of 2009. This guy is just making an estimate per today’s econ conditions, and he seemed up front on the issues.

Source: I’ve watched the 60 Min interview this weekend on this….it has to be on the web

[SD Transplant]

According to the CEO of Bank of America, the bottom in the housing market is somewhere at the end of 2009. This guy is just making an estimate per today’s econ conditions, and he seemed up front on the issues.

Source: I’ve watched the 60 Min interview this weekend on this….it has to be on the web

[SD Transplant]

According to the CEO of Bank of America, the bottom in the housing market is somewhere at the end of 2009. This guy is just making an estimate per today’s econ conditions, and he seemed up front on the issues.

Source: I’ve watched the 60 Min interview this weekend on this….it has to be on the web

[SD Transplant]

According to the CEO of Bank of America, the bottom in the housing market is somewhere at the end of 2009. This guy is just making an estimate per today’s econ conditions, and he seemed up front on the issues.

Source: I’ve watched the 60 Min interview this weekend on this….it has to be on the web

[SD Transplant]

According to the CEO of Bank of America, the bottom in the housing market is somewhere at the end of 2009. This guy is just making an estimate per today’s econ conditions, and he seemed up front on the issues.

Source: I’ve watched the 60 Min interview this weekend on this….it has to be on the web

[SD Realtor]

Date Zip #solds LP SP
9/07 92131 17 783k 746k
9/08 8 750k 735k
9/07 92129 21 633k 605k
9/08 8 567k 545k
9/07 92127 34 1.16M 1.09M
9/08 16 1.20M 1.09M
9/07 92009 22 832k 782k
9/08 18 870k 841k
9/07 92054 18 581k 558k
9/08 10 381k 375k
9/07 92078 25 598k 570k
9/08 17 534k 527k
9/07 92126 15 508k 486k
9/08 21 379k 376k
9/07 92037 14 2.65M 2.29M
9/08 9 2.04M 1.82M
9/07 92014 9 1.96M 1.81M
9/08 5 1.98M 1.67M
9/07 92106 5 1.16M 1.07M
9/08 5 1.20M 1.16M
9/07 92104 16 529k 510k
9/08 5 361k 351k
9/07 92103 7 833k 792k
9/08 4 698k 685k
9/07 91913 18 557k 534k
9/08 18 409k 410k

[SD Realtor]

Date Zip #solds LP SP
9/07 92131 17 783k 746k
9/08 8 750k 735k
9/07 92129 21 633k 605k
9/08 8 567k 545k
9/07 92127 34 1.16M 1.09M
9/08 16 1.20M 1.09M
9/07 92009 22 832k 782k
9/08 18 870k 841k
9/07 92054 18 581k 558k
9/08 10 381k 375k
9/07 92078 25 598k 570k
9/08 17 534k 527k
9/07 92126 15 508k 486k
9/08 21 379k 376k
9/07 92037 14 2.65M 2.29M
9/08 9 2.04M 1.82M
9/07 92014 9 1.96M 1.81M
9/08 5 1.98M 1.67M
9/07 92106 5 1.16M 1.07M
9/08 5 1.20M 1.16M
9/07 92104 16 529k 510k
9/08 5 361k 351k
9/07 92103 7 833k 792k
9/08 4 698k 685k
9/07 91913 18 557k 534k
9/08 18 409k 410k

[SD Realtor]

Date Zip #solds LP SP
9/07 92131 17 783k 746k
9/08 8 750k 735k
9/07 92129 21 633k 605k
9/08 8 567k 545k
9/07 92127 34 1.16M 1.09M
9/08 16 1.20M 1.09M
9/07 92009 22 832k 782k
9/08 18 870k 841k
9/07 92054 18 581k 558k
9/08 10 381k 375k
9/07 92078 25 598k 570k
9/08 17 534k 527k
9/07 92126 15 508k 486k
9/08 21 379k 376k
9/07 92037 14 2.65M 2.29M
9/08 9 2.04M 1.82M
9/07 92014 9 1.96M 1.81M
9/08 5 1.98M 1.67M
9/07 92106 5 1.16M 1.07M
9/08 5 1.20M 1.16M
9/07 92104 16 529k 510k
9/08 5 361k 351k
9/07 92103 7 833k 792k
9/08 4 698k 685k
9/07 91913 18 557k 534k
9/08 18 409k 410k

[SD Realtor]

Date Zip #solds LP SP
9/07 92131 17 783k 746k
9/08 8 750k 735k
9/07 92129 21 633k 605k
9/08 8 567k 545k
9/07 92127 34 1.16M 1.09M
9/08 16 1.20M 1.09M
9/07 92009 22 832k 782k
9/08 18 870k 841k
9/07 92054 18 581k 558k
9/08 10 381k 375k
9/07 92078 25 598k 570k
9/08 17 534k 527k
9/07 92126 15 508k 486k
9/08 21 379k 376k
9/07 92037 14 2.65M 2.29M
9/08 9 2.04M 1.82M
9/07 92014 9 1.96M 1.81M
9/08 5 1.98M 1.67M
9/07 92106 5 1.16M 1.07M
9/08 5 1.20M 1.16M
9/07 92104 16 529k 510k
9/08 5 361k 351k
9/07 92103 7 833k 792k
9/08 4 698k 685k
9/07 91913 18 557k 534k
9/08 18 409k 410k

[SD Realtor]

Date Zip #solds LP SP
9/07 92131 17 783k 746k
9/08 8 750k 735k
9/07 92129 21 633k 605k
9/08 8 567k 545k
9/07 92127 34 1.16M 1.09M
9/08 16 1.20M 1.09M
9/07 92009 22 832k 782k
9/08 18 870k 841k
9/07 92054 18 581k 558k
9/08 10 381k 375k
9/07 92078 25 598k 570k
9/08 17 534k 527k
9/07 92126 15 508k 486k
9/08 21 379k 376k
9/07 92037 14 2.65M 2.29M
9/08 9 2.04M 1.82M
9/07 92014 9 1.96M 1.81M
9/08 5 1.98M 1.67M
9/07 92106 5 1.16M 1.07M
9/08 5 1.20M 1.16M
9/07 92104 16 529k 510k
9/08 5 361k 351k
9/07 92103 7 833k 792k
9/08 4 698k 685k
9/07 91913 18 557k 534k
9/08 18 409k 410k

[sdduuuude]

From what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.

I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.

That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.

[sdduuuude]

From what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.

I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.

That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.

[sdduuuude]

From what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.

I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.

That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.

[sdduuuude]

From what I have seen, this is driven by sales in the lower end where foreclosures abound and prices are way down.

I think this is really bad news for the higher end. If there is so much price disparity to cause a large sales surge at the low end, it will have the long-term effect of sucking buyers away from the nicer areas and eventually depressing prices. This has been a long time coming and I think this big jump in sales at the low end may signal it is finally happening.

That is, the pain train is heading “uptown” very soon. This, combined with the October credit crash, means we are a mere month or two away from the first set of “holy shit” data that will flow until Spring.

[Author]

Posts