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jetonejet
ParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
ParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
ParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
ParticipantCongrats! You now have about the same amount of money in the DOW as you did in December 1997. What a rally!
March 18, 2009 at 4:10 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #368615ParticipantAll bets are off with rising empoyment, the next huge wave of option arms reseting and a foreclosure prevention policy that excluded almost 90% of CA. I just dont think there will be enough buyers to buy all the current shadow inventory and the coming onslaught of new foreclosures ( see Rich’s new NOD graph) to say that this is the bottom. Just my thoughts.
March 18, 2009 at 4:10 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #368901ParticipantAll bets are off with rising empoyment, the next huge wave of option arms reseting and a foreclosure prevention policy that excluded almost 90% of CA. I just dont think there will be enough buyers to buy all the current shadow inventory and the coming onslaught of new foreclosures ( see Rich’s new NOD graph) to say that this is the bottom. Just my thoughts.
March 18, 2009 at 4:10 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #369066ParticipantAll bets are off with rising empoyment, the next huge wave of option arms reseting and a foreclosure prevention policy that excluded almost 90% of CA. I just dont think there will be enough buyers to buy all the current shadow inventory and the coming onslaught of new foreclosures ( see Rich’s new NOD graph) to say that this is the bottom. Just my thoughts.
March 18, 2009 at 4:10 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #369106ParticipantAll bets are off with rising empoyment, the next huge wave of option arms reseting and a foreclosure prevention policy that excluded almost 90% of CA. I just dont think there will be enough buyers to buy all the current shadow inventory and the coming onslaught of new foreclosures ( see Rich’s new NOD graph) to say that this is the bottom. Just my thoughts.
March 18, 2009 at 4:10 AM in reply to: I believe Home Prices (Most Places in San Diego) reached bottom or almost bottom #369221ParticipantAll bets are off with rising empoyment, the next huge wave of option arms reseting and a foreclosure prevention policy that excluded almost 90% of CA. I just dont think there will be enough buyers to buy all the current shadow inventory and the coming onslaught of new foreclosures ( see Rich’s new NOD graph) to say that this is the bottom. Just my thoughts.
ParticipantI am a believer in the fundamentals camp.
House prices will level when:
Supply = Demand
(work through all the foreclosures)Price = the historical 3to4 times peoples annual incomes
(current median income in CA is like $60K)cost to buy = a little more than renting
(still cheaper to rent)Other physcalogical factors:
People not fearing losing there jobs
People not losing their asses in the stock marketThis is my uneducated opinion…
ParticipantI am a believer in the fundamentals camp.
House prices will level when:
Supply = Demand
(work through all the foreclosures)Price = the historical 3to4 times peoples annual incomes
(current median income in CA is like $60K)cost to buy = a little more than renting
(still cheaper to rent)Other physcalogical factors:
People not fearing losing there jobs
People not losing their asses in the stock marketThis is my uneducated opinion…
ParticipantI am a believer in the fundamentals camp.
House prices will level when:
Supply = Demand
(work through all the foreclosures)Price = the historical 3to4 times peoples annual incomes
(current median income in CA is like $60K)cost to buy = a little more than renting
(still cheaper to rent)Other physcalogical factors:
People not fearing losing there jobs
People not losing their asses in the stock marketThis is my uneducated opinion…
ParticipantI am a believer in the fundamentals camp.
House prices will level when:
Supply = Demand
(work through all the foreclosures)Price = the historical 3to4 times peoples annual incomes
(current median income in CA is like $60K)cost to buy = a little more than renting
(still cheaper to rent)Other physcalogical factors:
People not fearing losing there jobs
People not losing their asses in the stock marketThis is my uneducated opinion…
ParticipantI am a believer in the fundamentals camp.
House prices will level when:
Supply = Demand
(work through all the foreclosures)Price = the historical 3to4 times peoples annual incomes
(current median income in CA is like $60K)cost to buy = a little more than renting
(still cheaper to rent)Other physcalogical factors:
People not fearing losing there jobs
People not losing their asses in the stock marketThis is my uneducated opinion…
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