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latesummer2008
ParticipantCompare 2007 with 2005. That is the story. 2006 was a bad year compared to 2005 compared to 2004. So what does that tell you? another bad year in a declining market. Give us that comparison sdrealtor. I dare you. You won’t be able to spin that.
And yes, VOLUME is drying up, along with prices dropping in SD. -6.0% Median price over Q1 2007, as just reported by The Case/Schiller Index.
ParticipantCompare 2007 with 2005. That is the story. 2006 was a bad year compared to 2005 compared to 2004. So what does that tell you? another bad year in a declining market. Give us that comparison sdrealtor. I dare you. You won’t be able to spin that.
And yes, VOLUME is drying up, along with prices dropping in SD. -6.0% Median price over Q1 2007, as just reported by The Case/Schiller Index.
ParticipantDenial is an ugly thing. San Diego is the most overpriced region in the United States. LOOK AT THE DATA from THE CASE/SCHILLER INDEX this month. DOWN -6.0%. besides Detriot, it suffered the worst decline in the nation. Detroit is understandable because of job loss. But San Diego? Why? OVERPRICED. Plain and simple. My guess is most of you have money to lose in this market and are worried. I understand. However, don’t shoot the messenger. I am just reporting data presented to the PUBLIC. It is old news. If you want to believe the market is fine, go ahead. Talk to me in LATE SUMMER of 2008. I believe most of you may have a different opinion of what the market looks like.
As for teaching in a public school, you guys have no clue, so don’t even try to go there. Keep your kids in private school where they are protected from societies ills. Just ask the Harvard Westlake girl who’s head got bashed in by a claw hammer from another student at Harvard Westlake last month. By the way, Harvard Westlake is the most prestigious private school in LA.
And one last note. Who died and made you the Piggington Police?
ParticipantDenial is an ugly thing. San Diego is the most overpriced region in the United States. LOOK AT THE DATA from THE CASE/SCHILLER INDEX this month. DOWN -6.0%. besides Detriot, it suffered the worst decline in the nation. Detroit is understandable because of job loss. But San Diego? Why? OVERPRICED. Plain and simple. My guess is most of you have money to lose in this market and are worried. I understand. However, don’t shoot the messenger. I am just reporting data presented to the PUBLIC. It is old news. If you want to believe the market is fine, go ahead. Talk to me in LATE SUMMER of 2008. I believe most of you may have a different opinion of what the market looks like.
As for teaching in a public school, you guys have no clue, so don’t even try to go there. Keep your kids in private school where they are protected from societies ills. Just ask the Harvard Westlake girl who’s head got bashed in by a claw hammer from another student at Harvard Westlake last month. By the way, Harvard Westlake is the most prestigious private school in LA.
And one last note. Who died and made you the Piggington Police?
ParticipantFSD, Obviously Mistaken. The LA Times Information on Sunday (5/27) was for Orange and Ventura County stupid. I believe San Diego County might come out this weekend. We’ll see what the monthly numbers look like then. You really are a friggin Idiot.. If you don’t like to hear what I say, don’t read it. It’s that simple.
Also, if you quote my blog again, I’ll have you restricted from this site.
ParticipantFSD, Obviously Mistaken. The LA Times Information on Sunday (5/27) was for Orange and Ventura County stupid. I believe San Diego County might come out this weekend. We’ll see what the monthly numbers look like then. You really are a friggin Idiot.. If you don’t like to hear what I say, don’t read it. It’s that simple.
Also, if you quote my blog again, I’ll have you restricted from this site.
ParticipantWhy is the Volume Low? Because, people aren’t buying. Plain and simple. That isn’t that hard to understand. To me, that is the real story and is more troublesome than the big drop in median price. You are on the moon, if you can’t see the number of sales, has dried up further and further, each month. Why? I’ll tell you why.
1) Prices are too high
2) Buyers are waiting for prices to drop further
3) Qualifying for loans has gotten much harder
4) Speculators and Flippers are gone.
5) Buyers have better access to RE information
6) 99.9% of the news coming out is bad about RE
7) ARM Resets
8) Record Inventory
9) Record Increase In Foreclosures
10) 1st National decline in Housing since 1991 (Case Schiller Index)
11) Deepest slide in appreciation since The Great DepressionNeed I go on?
What is so difficult to understand? THE MARKET SUCKS..
Go ahead Da Counselor, jump in! Buy a house. I’m sure you will have a quite a choice.
ParticipantWhy is the Volume Low? Because, people aren’t buying. Plain and simple. That isn’t that hard to understand. To me, that is the real story and is more troublesome than the big drop in median price. You are on the moon, if you can’t see the number of sales, has dried up further and further, each month. Why? I’ll tell you why.
1) Prices are too high
2) Buyers are waiting for prices to drop further
3) Qualifying for loans has gotten much harder
4) Speculators and Flippers are gone.
5) Buyers have better access to RE information
6) 99.9% of the news coming out is bad about RE
7) ARM Resets
8) Record Inventory
9) Record Increase In Foreclosures
10) 1st National decline in Housing since 1991 (Case Schiller Index)
11) Deepest slide in appreciation since The Great DepressionNeed I go on?
What is so difficult to understand? THE MARKET SUCKS..
Go ahead Da Counselor, jump in! Buy a house. I’m sure you will have a quite a choice.
Participant40-50% of peak prices is possible for High End areas in Orange County (As carsonnv just stated)and other Southern California Counties. If you look at any major housing index (Case-Schiller) they are overwhelmingly NEGATIVE now. Da Counselor, you need to come with Da Numbers, rather than, just trying to discount others observations. You can say whatever you want, but need to back it up. I have given you last months numbers. Look at them and show me something different, or your just merely talking out the side of your _______.
But the real issue here is, the direction of prices, which doesn’t appear to be, up. And, with the amount of downside risk, I don’t see any people rushing into the market anymore.
Participant40-50% of peak prices is possible for High End areas in Orange County (As carsonnv just stated)and other Southern California Counties. If you look at any major housing index (Case-Schiller) they are overwhelmingly NEGATIVE now. Da Counselor, you need to come with Da Numbers, rather than, just trying to discount others observations. You can say whatever you want, but need to back it up. I have given you last months numbers. Look at them and show me something different, or your just merely talking out the side of your _______.
But the real issue here is, the direction of prices, which doesn’t appear to be, up. And, with the amount of downside risk, I don’t see any people rushing into the market anymore.
ParticipantPerhaps your worried? I suppose you think the market is going up, Da Counselor?
What is your prediction for this market, and, please state the facts to back it up…
ParticipantPerhaps your worried? I suppose you think the market is going up, Da Counselor?
What is your prediction for this market, and, please state the facts to back it up…
ParticipantSorry to burst your Libertarian Bubble folks, but, I am mandated to teach a standardized curriculum. And I do, because that is what I am being paid for. However, I incorporate current events and critical thinking EVERY DAY. If the public is not educated to think, than it IS very convenient for those in POWER (ie $$$$$$), to persuade by fear and hate. I feel this is by design, so UNEDUCATED people can elect politicians with a FEW peoples interest in mind. MAINLY BIG BUSINESS.
Try READING books on what causes the decline of any empire, and 99.9% of the time it is TOO MUCH POWER.
Get a clue……….
ParticipantSorry to burst your Libertarian Bubble folks, but, I am mandated to teach a standardized curriculum. And I do, because that is what I am being paid for. However, I incorporate current events and critical thinking EVERY DAY. If the public is not educated to think, than it IS very convenient for those in POWER (ie $$$$$$), to persuade by fear and hate. I feel this is by design, so UNEDUCATED people can elect politicians with a FEW peoples interest in mind. MAINLY BIG BUSINESS.
Try READING books on what causes the decline of any empire, and 99.9% of the time it is TOO MUCH POWER.
Get a clue……….
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