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(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
[quote=briansd1][quote=FormerSanDiegan]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?[/quote]Yes, you can.
[/quote]
OK, if I take what was written literally, so long as one believes the bottom is not in, one can still sell at the bottom. Same goes for selling at the top. So, how do I list my property for sale in the alternate realty that consists of those who have suspended their belief. I want to get in on that one.
(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?
(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?
(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?
(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?
(former)FormerSanDiegan
Participant[quote=briansd1]I can still purchase at the bottom since I don’t believe that the trough was reached yet. [/quote]
Using the same logic, can I sell at the top if I don’t believe the top has been reached yet ?
July 8, 2009 at 12:49 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427045(former)FormerSanDiegan
Participant[quote=outtamojo]If the PMI group were any good at predicting housing prices their stock would not be under 2 bucks and facing solvency issues.[/quote]
Bingo !
July 8, 2009 at 12:49 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427272(former)FormerSanDiegan
Participant[quote=outtamojo]If the PMI group were any good at predicting housing prices their stock would not be under 2 bucks and facing solvency issues.[/quote]
Bingo !
July 8, 2009 at 12:49 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427560(former)FormerSanDiegan
Participant[quote=outtamojo]If the PMI group were any good at predicting housing prices their stock would not be under 2 bucks and facing solvency issues.[/quote]
Bingo !
July 8, 2009 at 12:49 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427631(former)FormerSanDiegan
Participant[quote=outtamojo]If the PMI group were any good at predicting housing prices their stock would not be under 2 bucks and facing solvency issues.[/quote]
Bingo !
July 8, 2009 at 12:49 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427793(former)FormerSanDiegan
Participant[quote=outtamojo]If the PMI group were any good at predicting housing prices their stock would not be under 2 bucks and facing solvency issues.[/quote]
Bingo !
July 7, 2009 at 6:12 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #426612(former)FormerSanDiegan
ParticipantThis company has been publishing this index for a while. It is interpreted as the percent chance that an area will experience lower prices in two years.
Let’s see what they said 2 years ago:
In the Summer of 2007, the percent chance of San Diego experiencing lower prices was … 55.5%.
I don’t know what to make of this index, it appears to be good at projecting recent past data into the future. That’s about it.
There are other interesting things in their report.
Their affordability index for San Diego for 1Q 2009 is 131*. This index is based on affordability relative to 1995. The interpretation is that housing in SD in 1Q 2009 was significantly more affordable than in 1995.
* Reference – Pages 6-7 of the “2nd Quarter 2009 Economic and Real Estate Trends Report” found here:
http://phx.corporate-ir.net/phoenix.zhtml?c=63356&p=irol-publications
July 7, 2009 at 6:12 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #426837(former)FormerSanDiegan
ParticipantThis company has been publishing this index for a while. It is interpreted as the percent chance that an area will experience lower prices in two years.
Let’s see what they said 2 years ago:
In the Summer of 2007, the percent chance of San Diego experiencing lower prices was … 55.5%.
I don’t know what to make of this index, it appears to be good at projecting recent past data into the future. That’s about it.
There are other interesting things in their report.
Their affordability index for San Diego for 1Q 2009 is 131*. This index is based on affordability relative to 1995. The interpretation is that housing in SD in 1Q 2009 was significantly more affordable than in 1995.
* Reference – Pages 6-7 of the “2nd Quarter 2009 Economic and Real Estate Trends Report” found here:
http://phx.corporate-ir.net/phoenix.zhtml?c=63356&p=irol-publications
July 7, 2009 at 6:12 PM in reply to: U.S. Home Prices to Fall Through 2011’s First Quarter (Bloomberg News) #427124(former)FormerSanDiegan
ParticipantThis company has been publishing this index for a while. It is interpreted as the percent chance that an area will experience lower prices in two years.
Let’s see what they said 2 years ago:
In the Summer of 2007, the percent chance of San Diego experiencing lower prices was … 55.5%.
I don’t know what to make of this index, it appears to be good at projecting recent past data into the future. That’s about it.
There are other interesting things in their report.
Their affordability index for San Diego for 1Q 2009 is 131*. This index is based on affordability relative to 1995. The interpretation is that housing in SD in 1Q 2009 was significantly more affordable than in 1995.
* Reference – Pages 6-7 of the “2nd Quarter 2009 Economic and Real Estate Trends Report” found here:
http://phx.corporate-ir.net/phoenix.zhtml?c=63356&p=irol-publications
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