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(former)FormerSanDiegan
ParticipantIf you transport yourself forward in time (12-60 months, depending on your point of view) piggington is likely to become a bullish blog.
(former)FormerSanDiegan
ParticipantIf you transport yourself forward in time (12-60 months, depending on your point of view) piggington is likely to become a bullish blog.
(former)FormerSanDiegan
ParticipantIf you transport yourself forward in time (12-60 months, depending on your point of view) piggington is likely to become a bullish blog.
(former)FormerSanDiegan
ParticipantIf you transport yourself forward in time (12-60 months, depending on your point of view) piggington is likely to become a bullish blog.
January 31, 2008 at 3:26 PM in reply to: I predict the rate cuts will lead to more inventory #146182(former)FormerSanDiegan
ParticipantNo doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
January 31, 2008 at 3:26 PM in reply to: I predict the rate cuts will lead to more inventory #146426(former)FormerSanDiegan
ParticipantNo doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
January 31, 2008 at 3:26 PM in reply to: I predict the rate cuts will lead to more inventory #146453(former)FormerSanDiegan
ParticipantNo doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
January 31, 2008 at 3:26 PM in reply to: I predict the rate cuts will lead to more inventory #146465(former)FormerSanDiegan
ParticipantNo doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
January 31, 2008 at 3:26 PM in reply to: I predict the rate cuts will lead to more inventory #146524(former)FormerSanDiegan
ParticipantNo doubt inventory will rise between now and late Spring. It always does starting in January. Add to that the fact that there are a significant number of foreclosures in the pipeline
So, regardless of the cause it is very likely based on seasonal patterns, as well as foreclosures in the pipeline that inventory will be higher a few months from now than it was in January.
How would one show causation between the FED rate cuts and the inventory in light of these other factors ?Although you may be right, I don’t think it will be possible to demonstrate that these cuts were the cause.
January 30, 2008 at 8:03 AM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145125(former)FormerSanDiegan
ParticipantAT $1700 per month for $216K, the gross rent on this is 9.3% of purchase price. These are the kinds of numbers I’m used to seeing for not-so-bubblicious places like Dallas. Is there sufficient rental demand for places like this ?
January 30, 2008 at 8:03 AM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145364(former)FormerSanDiegan
ParticipantAT $1700 per month for $216K, the gross rent on this is 9.3% of purchase price. These are the kinds of numbers I’m used to seeing for not-so-bubblicious places like Dallas. Is there sufficient rental demand for places like this ?
January 30, 2008 at 8:03 AM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145392(former)FormerSanDiegan
ParticipantAT $1700 per month for $216K, the gross rent on this is 9.3% of purchase price. These are the kinds of numbers I’m used to seeing for not-so-bubblicious places like Dallas. Is there sufficient rental demand for places like this ?
January 30, 2008 at 8:03 AM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145393(former)FormerSanDiegan
ParticipantAT $1700 per month for $216K, the gross rent on this is 9.3% of purchase price. These are the kinds of numbers I’m used to seeing for not-so-bubblicious places like Dallas. Is there sufficient rental demand for places like this ?
January 30, 2008 at 8:03 AM in reply to: 60% off at temecula auction and conclusive evidence that I’m an idiot #145466(former)FormerSanDiegan
ParticipantAT $1700 per month for $216K, the gross rent on this is 9.3% of purchase price. These are the kinds of numbers I’m used to seeing for not-so-bubblicious places like Dallas. Is there sufficient rental demand for places like this ?
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