What would be decline price in San Diego with in 6 months?

[5yearwaiter]

[quote=FormerSanDiegan]”…few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis.”

I’m sorry, I may be the only one, but I have no idea what is meant by this statement.

[/quote]

My bad it was typo :

Few people expect This is the ONLY BOTTOM for San Diego – which means no more price decline further.

[kewp]

Given we’ve had a 41% drop in the last 12 months, I’m going to predict a 20.5% drop in the next six.

Anyone want to bet a beer? 🙂

[kewp]

Given we’ve had a 41% drop in the last 12 months, I’m going to predict a 20.5% drop in the next six.

Anyone want to bet a beer? 🙂

[kewp]

Given we’ve had a 41% drop in the last 12 months, I’m going to predict a 20.5% drop in the next six.

Anyone want to bet a beer? 🙂

[kewp]

Given we’ve had a 41% drop in the last 12 months, I’m going to predict a 20.5% drop in the next six.

Anyone want to bet a beer? 🙂

[kewp]

Given we’ve had a 41% drop in the last 12 months, I’m going to predict a 20.5% drop in the next six.

Anyone want to bet a beer? 🙂

[SDEngineer]

[quote=5yearwaiter][quote=peterb]Unemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer ……[/quote]

This is the kind of forecast that I wanted to hear and look further…

…However I am also hearing (and seeing) many start buying due to price decline and few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis. I am still hoping a steep price decline for San Diego county (even places like 4s Ranch and Carmell Valley)[/quote]

There were quite a few people buying in January/February timeframe as well. A lot of them posted (here and on other websites like SDLookup) that they felt the bottom was in at that time as well. Assuming a $450K purchase price at that time, they’ve lost well over 10% of that value in the ensuing 9 months since (and that’s probably an underestimate).

[SDEngineer]

[quote=5yearwaiter][quote=peterb]Unemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer ……[/quote]

This is the kind of forecast that I wanted to hear and look further…

…However I am also hearing (and seeing) many start buying due to price decline and few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis. I am still hoping a steep price decline for San Diego county (even places like 4s Ranch and Carmell Valley)[/quote]

There were quite a few people buying in January/February timeframe as well. A lot of them posted (here and on other websites like SDLookup) that they felt the bottom was in at that time as well. Assuming a $450K purchase price at that time, they’ve lost well over 10% of that value in the ensuing 9 months since (and that’s probably an underestimate).

[SDEngineer]

[quote=5yearwaiter][quote=peterb]Unemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer ……[/quote]

This is the kind of forecast that I wanted to hear and look further…

…However I am also hearing (and seeing) many start buying due to price decline and few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis. I am still hoping a steep price decline for San Diego county (even places like 4s Ranch and Carmell Valley)[/quote]

There were quite a few people buying in January/February timeframe as well. A lot of them posted (here and on other websites like SDLookup) that they felt the bottom was in at that time as well. Assuming a $450K purchase price at that time, they’ve lost well over 10% of that value in the ensuing 9 months since (and that’s probably an underestimate).

[SDEngineer]

[quote=5yearwaiter][quote=peterb]Unemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer ……[/quote]

This is the kind of forecast that I wanted to hear and look further…

…However I am also hearing (and seeing) many start buying due to price decline and few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis. I am still hoping a steep price decline for San Diego county (even places like 4s Ranch and Carmell Valley)[/quote]

There were quite a few people buying in January/February timeframe as well. A lot of them posted (here and on other websites like SDLookup) that they felt the bottom was in at that time as well. Assuming a $450K purchase price at that time, they’ve lost well over 10% of that value in the ensuing 9 months since (and that’s probably an underestimate).

[SDEngineer]

[quote=5yearwaiter][quote=peterb]Unemployment rising, credit constricting. And the foreclosures are increasing. This failout plan is cryptic at best when the issue of the average home owner is considered.
How much is not a needed answer ……[/quote]

This is the kind of forecast that I wanted to hear and look further…

…However I am also hearing (and seeing) many start buying due to price decline and few expects this is the OLY BOTTOM for San Diego- this is kind of slogan I don’t want to hear compare to the currernt crisis. I am still hoping a steep price decline for San Diego county (even places like 4s Ranch and Carmell Valley)[/quote]

There were quite a few people buying in January/February timeframe as well. A lot of them posted (here and on other websites like SDLookup) that they felt the bottom was in at that time as well. Assuming a $450K purchase price at that time, they’ve lost well over 10% of that value in the ensuing 9 months since (and that’s probably an underestimate).

[4plexowner]

I’ll say it once again

Capitulation in 2012 with spike lows to or below 1998 price levels

Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year

Buying before 2010 is definitely knife catching

Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …

[4plexowner]

I’ll say it once again

Capitulation in 2012 with spike lows to or below 1998 price levels

Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year

Buying before 2010 is definitely knife catching

Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …

[4plexowner]

I’ll say it once again

Capitulation in 2012 with spike lows to or below 1998 price levels

Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year

Buying before 2010 is definitely knife catching

Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …

[4plexowner]

I’ll say it once again

Capitulation in 2012 with spike lows to or below 1998 price levels

Prices then bounce along the bottom for several years before appreciating at a few (3?) percent per year

Buying before 2010 is definitely knife catching

Will anyone believe me this time? Probably not but I’ll sleep better knowing that I tried …

[Author]

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