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ParticipantDoesn’t matter. We still have foreclosures in the pipeline, we still have an oversupply of listings, and the volume of sales just about can’t reverse its trend due to the financing criteria.
What amazes me is how steady the downtrend has been so far. I expected the trend to manifest itself in spasms, not the equivalent of the freefall that we’ve seen in the last 9 months. I stand by my earlier comments that a -10% adjustment in a price over the course of the year is a pretty fast adjustment. The -15% stuff is mind-boggling. To me, at least.
Let them have their bounce. Foreclosures from the first wave won’t peak till the end of this year and it will take another year (maybe longer) just to retreat to where we were in 01/2007.
ParticipantDoesn’t matter. We still have foreclosures in the pipeline, we still have an oversupply of listings, and the volume of sales just about can’t reverse its trend due to the financing criteria.
What amazes me is how steady the downtrend has been so far. I expected the trend to manifest itself in spasms, not the equivalent of the freefall that we’ve seen in the last 9 months. I stand by my earlier comments that a -10% adjustment in a price over the course of the year is a pretty fast adjustment. The -15% stuff is mind-boggling. To me, at least.
Let them have their bounce. Foreclosures from the first wave won’t peak till the end of this year and it will take another year (maybe longer) just to retreat to where we were in 01/2007.
ParticipantDoesn’t matter. We still have foreclosures in the pipeline, we still have an oversupply of listings, and the volume of sales just about can’t reverse its trend due to the financing criteria.
What amazes me is how steady the downtrend has been so far. I expected the trend to manifest itself in spasms, not the equivalent of the freefall that we’ve seen in the last 9 months. I stand by my earlier comments that a -10% adjustment in a price over the course of the year is a pretty fast adjustment. The -15% stuff is mind-boggling. To me, at least.
Let them have their bounce. Foreclosures from the first wave won’t peak till the end of this year and it will take another year (maybe longer) just to retreat to where we were in 01/2007.
ParticipantDoesn’t matter. We still have foreclosures in the pipeline, we still have an oversupply of listings, and the volume of sales just about can’t reverse its trend due to the financing criteria.
What amazes me is how steady the downtrend has been so far. I expected the trend to manifest itself in spasms, not the equivalent of the freefall that we’ve seen in the last 9 months. I stand by my earlier comments that a -10% adjustment in a price over the course of the year is a pretty fast adjustment. The -15% stuff is mind-boggling. To me, at least.
Let them have their bounce. Foreclosures from the first wave won’t peak till the end of this year and it will take another year (maybe longer) just to retreat to where we were in 01/2007.
ParticipantYou know, after all this time I still struggle with the concept of a tract home that costs 12x the median household income for the County.
ParticipantYou know, after all this time I still struggle with the concept of a tract home that costs 12x the median household income for the County.
ParticipantYou know, after all this time I still struggle with the concept of a tract home that costs 12x the median household income for the County.
ParticipantYou know, after all this time I still struggle with the concept of a tract home that costs 12x the median household income for the County.
ParticipantYou know, after all this time I still struggle with the concept of a tract home that costs 12x the median household income for the County.
ParticipantYep, these are the numbers that matter: NODs, foreclosures, listings and sales.
Everything else is just noise.
ParticipantYep, these are the numbers that matter: NODs, foreclosures, listings and sales.
Everything else is just noise.
ParticipantYep, these are the numbers that matter: NODs, foreclosures, listings and sales.
Everything else is just noise.
ParticipantYep, these are the numbers that matter: NODs, foreclosures, listings and sales.
Everything else is just noise.
ParticipantYep, these are the numbers that matter: NODs, foreclosures, listings and sales.
Everything else is just noise.
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