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(former)FormerSanDiegan
ParticipantEven in a broadly declining market there are sometimes month-to-month fluctuations in the median price in some zip codes that show a positive change.
For example in the data cited below there is one zip code in Escondido (92029) that showed a 11% increase in the median on a mere 12 sales, while all other surrounding areas were off significantly. http://www.dqnews.com/ZIPSDUT.shtm
Monthly stats are very misleading because they vary widely. If you plot a time series for a particular zip code you get a better feel for the monthly variations and trends.
ParticipantEven in a broadly declining market there are sometimes month-to-month fluctuations in the median price in some zip codes that show a positive change.
For example in the data cited below there is one zip code in Escondido (92029) that showed a 11% increase in the median on a mere 12 sales, while all other surrounding areas were off significantly. http://www.dqnews.com/ZIPSDUT.shtm
Monthly stats are very misleading because they vary widely. If you plot a time series for a particular zip code you get a better feel for the monthly variations and trends.
ParticipantEven in a broadly declining market there are sometimes month-to-month fluctuations in the median price in some zip codes that show a positive change.
For example in the data cited below there is one zip code in Escondido (92029) that showed a 11% increase in the median on a mere 12 sales, while all other surrounding areas were off significantly. http://www.dqnews.com/ZIPSDUT.shtm
Monthly stats are very misleading because they vary widely. If you plot a time series for a particular zip code you get a better feel for the monthly variations and trends.
ParticipantEven in a broadly declining market there are sometimes month-to-month fluctuations in the median price in some zip codes that show a positive change.
For example in the data cited below there is one zip code in Escondido (92029) that showed a 11% increase in the median on a mere 12 sales, while all other surrounding areas were off significantly. http://www.dqnews.com/ZIPSDUT.shtm
Monthly stats are very misleading because they vary widely. If you plot a time series for a particular zip code you get a better feel for the monthly variations and trends.
ParticipantIt was 14 and a half Billion in 2007? I’m surprised the herders were that stupid up through August and it ended up that high. And now it’s going to drop to 4-5 billion given the tighter qualifying market and dramatic price drops that are yet to come.
To drop down to 4-5 billion we would need a 67% decline in dollar volume from 2007. January was a 30% decline in dollar volume. I’d expect to see maybe 10 billion as a possibility but 4-5 Billion ? I’d bet against that.
ParticipantIt was 14 and a half Billion in 2007? I’m surprised the herders were that stupid up through August and it ended up that high. And now it’s going to drop to 4-5 billion given the tighter qualifying market and dramatic price drops that are yet to come.
To drop down to 4-5 billion we would need a 67% decline in dollar volume from 2007. January was a 30% decline in dollar volume. I’d expect to see maybe 10 billion as a possibility but 4-5 Billion ? I’d bet against that.
ParticipantIt was 14 and a half Billion in 2007? I’m surprised the herders were that stupid up through August and it ended up that high. And now it’s going to drop to 4-5 billion given the tighter qualifying market and dramatic price drops that are yet to come.
To drop down to 4-5 billion we would need a 67% decline in dollar volume from 2007. January was a 30% decline in dollar volume. I’d expect to see maybe 10 billion as a possibility but 4-5 Billion ? I’d bet against that.
ParticipantIt was 14 and a half Billion in 2007? I’m surprised the herders were that stupid up through August and it ended up that high. And now it’s going to drop to 4-5 billion given the tighter qualifying market and dramatic price drops that are yet to come.
To drop down to 4-5 billion we would need a 67% decline in dollar volume from 2007. January was a 30% decline in dollar volume. I’d expect to see maybe 10 billion as a possibility but 4-5 Billion ? I’d bet against that.
ParticipantIt was 14 and a half Billion in 2007? I’m surprised the herders were that stupid up through August and it ended up that high. And now it’s going to drop to 4-5 billion given the tighter qualifying market and dramatic price drops that are yet to come.
To drop down to 4-5 billion we would need a 67% decline in dollar volume from 2007. January was a 30% decline in dollar volume. I’d expect to see maybe 10 billion as a possibility but 4-5 Billion ? I’d bet against that.
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
ParticipantAs foreclosures are happening and the economy is slowing there is LESS federal tax revenue coming in, not more. The micro picture that those with foreclosures will owe more taxes is far outweighed on a net basis by the macro picture which indicates that less economic activity equals lower revenue.
I am also irked about “my” $1800 “rebate”. In my case instead of them sending it to me and having me send it back, it will not even be issued.
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