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August 28, 2007 at 1:47 PM in reply to: Nasty day at the stock market today. Dow lost nearly 300 pts…. #82157August 28, 2007 at 1:47 PM in reply to: Nasty day at the stock market today. Dow lost nearly 300 pts…. #82291
JES
ParticipantHopefully, then we will have at least one asset class that is cheap again and we can all start buying stocks.
ParticipantI can agree with you there. When I am convinced that we are near the bottom, I will likely get back in the game myself! Survey – what is the best business to start right now? I know, you should look to your skills set, use that as a guide etc. Disregarding that, what would be the best one for an average Joe to start cold?
ParticipantI can agree with you there. When I am convinced that we are near the bottom, I will likely get back in the game myself! Survey – what is the best business to start right now? I know, you should look to your skills set, use that as a guide etc. Disregarding that, what would be the best one for an average Joe to start cold?
ParticipantI can agree with you there. When I am convinced that we are near the bottom, I will likely get back in the game myself! Survey – what is the best business to start right now? I know, you should look to your skills set, use that as a guide etc. Disregarding that, what would be the best one for an average Joe to start cold?
ParticipantTherby taking on huge amounts of debt? Didn’t you just contradict yourself? Mortgage debt is in fact debt, and is currently paralyzing millions of people right now.
ParticipantTherby taking on huge amounts of debt? Didn’t you just contradict yourself? Mortgage debt is in fact debt, and is currently paralyzing millions of people right now.
ParticipantTherby taking on huge amounts of debt? Didn’t you just contradict yourself? Mortgage debt is in fact debt, and is currently paralyzing millions of people right now.
ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
ParticipantAnyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.
ParticipantAnyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.
ParticipantAnyone factoring in the impact another terrorist attack would have on the economy and the housing market? And the odds that such an attack will happen? As much as I hate to think about the possibility, it seems to me that there is a near certainty that we will see another 9/11 style attack, or worse, in the coming years.
August 27, 2007 at 11:20 AM in reply to: “short of Charlie Manson moving in — it can’t be any worse,” #81710ParticipantJob losses aren’t helping either. Even worse, this run up in prices has caused some real disparity between what people should have been earning, and what they were able to earn during the boom. Many of these same people were heavily involved in speculation, and many are losing their jobs right now. Where will they go to match that 100k a year mortgage broker job when they have no degree and their only experience is in an industry that is falling apart.
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