Forum Replies Created
-
AuthorPosts
-
LA_Renter
ParticipantIt looks to me the areas where home prices have fallen the most are seeing the most activity……go figure! I think we will see YOY sales declines all the way through August, then we are going against 2007 post credit crunch, so I think we will see a bottom in unit sales in 2008. I really don’t think they could fall much further, so far the decline in unit sales is far more severe than what we saw in the 90’s. I don’t see a V shaped recovery as most on this board don’t. Christopher Thornburg likened the current situation to the eye of a hurricane. The housing bust and credit crunch were the front wall of the hurricane, right now we are in the eye, the back wall will be the impact this whole debacle has had on the consumer and the economy. Home prices are falling pretty fast now, comps are being set, we still have to work our way through the balance of the foreclosures. Actually this report is good news for people sitting on the sidelines. Entering in 2009 – you could find a good deal, Entering in 2010 probably the best bet.
ParticipantIt looks to me the areas where home prices have fallen the most are seeing the most activity……go figure! I think we will see YOY sales declines all the way through August, then we are going against 2007 post credit crunch, so I think we will see a bottom in unit sales in 2008. I really don’t think they could fall much further, so far the decline in unit sales is far more severe than what we saw in the 90’s. I don’t see a V shaped recovery as most on this board don’t. Christopher Thornburg likened the current situation to the eye of a hurricane. The housing bust and credit crunch were the front wall of the hurricane, right now we are in the eye, the back wall will be the impact this whole debacle has had on the consumer and the economy. Home prices are falling pretty fast now, comps are being set, we still have to work our way through the balance of the foreclosures. Actually this report is good news for people sitting on the sidelines. Entering in 2009 – you could find a good deal, Entering in 2010 probably the best bet.
ParticipantIt looks to me the areas where home prices have fallen the most are seeing the most activity……go figure! I think we will see YOY sales declines all the way through August, then we are going against 2007 post credit crunch, so I think we will see a bottom in unit sales in 2008. I really don’t think they could fall much further, so far the decline in unit sales is far more severe than what we saw in the 90’s. I don’t see a V shaped recovery as most on this board don’t. Christopher Thornburg likened the current situation to the eye of a hurricane. The housing bust and credit crunch were the front wall of the hurricane, right now we are in the eye, the back wall will be the impact this whole debacle has had on the consumer and the economy. Home prices are falling pretty fast now, comps are being set, we still have to work our way through the balance of the foreclosures. Actually this report is good news for people sitting on the sidelines. Entering in 2009 – you could find a good deal, Entering in 2010 probably the best bet.
ParticipantIt looks to me the areas where home prices have fallen the most are seeing the most activity……go figure! I think we will see YOY sales declines all the way through August, then we are going against 2007 post credit crunch, so I think we will see a bottom in unit sales in 2008. I really don’t think they could fall much further, so far the decline in unit sales is far more severe than what we saw in the 90’s. I don’t see a V shaped recovery as most on this board don’t. Christopher Thornburg likened the current situation to the eye of a hurricane. The housing bust and credit crunch were the front wall of the hurricane, right now we are in the eye, the back wall will be the impact this whole debacle has had on the consumer and the economy. Home prices are falling pretty fast now, comps are being set, we still have to work our way through the balance of the foreclosures. Actually this report is good news for people sitting on the sidelines. Entering in 2009 – you could find a good deal, Entering in 2010 probably the best bet.
ParticipantFrom Yahoo Finance front page
Top Stories
Consumer Confidence Plunges to 28-Year Low- AP
Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
UN: World Economy to Grow 1.8 Percent in 2008- AP
Stocks Slip as Oil Passes $127- AP
___________________________________
Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.
ParticipantFrom Yahoo Finance front page
Top Stories
Consumer Confidence Plunges to 28-Year Low- AP
Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
UN: World Economy to Grow 1.8 Percent in 2008- AP
Stocks Slip as Oil Passes $127- AP
___________________________________
Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.
ParticipantFrom Yahoo Finance front page
Top Stories
Consumer Confidence Plunges to 28-Year Low- AP
Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
UN: World Economy to Grow 1.8 Percent in 2008- AP
Stocks Slip as Oil Passes $127- AP
___________________________________
Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.
ParticipantFrom Yahoo Finance front page
Top Stories
Consumer Confidence Plunges to 28-Year Low- AP
Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
UN: World Economy to Grow 1.8 Percent in 2008- AP
Stocks Slip as Oil Passes $127- AP
___________________________________
Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.
ParticipantFrom Yahoo Finance front page
Top Stories
Consumer Confidence Plunges to 28-Year Low- AP
Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
UN: World Economy to Grow 1.8 Percent in 2008- AP
Stocks Slip as Oil Passes $127- AP
___________________________________
Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.
ParticipantOne of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.
ParticipantOne of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.
ParticipantOne of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.
ParticipantOne of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.
ParticipantOne of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.
-
AuthorPosts
