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little lady
Participant“sales volume was down 20 percent from August 2006.”
There’s the reality………housing IS crashing.
http://www.voiceofsandiego.org/articles/2007/09/13/toscano/880augsupply0…
Haven’t you noticed abandonded houses in your area? I saw 2 this morning…..
Where are you? Hiding under a rock?
Participant“I cite hard facts and statistics ”
NOT
YOU are delusional………San Diego County housing prices continued their slide in August as home sales dropped to a 15-year low, DataQuick Information Systems reported yesterday. READ IT and weep sucker………..
http://www.signonsandiego.com/news/business/20070913-9999-1b13housing.html
ParticipantIt’s not flat according to the Union Tribune, INFACT quite the opposite.
But what do they know, so go ahead BUY, BUY, BUY!
A fool and his money are soon parted anyway.
Put this in your pipe and smoke it………..
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Median house value dips $20K
With sales falling, the median price of homes here tumbles to $475,000, down $20,000 from a year ago and $14,000 from a month earlierCHECK IT OUT,”schitzo2buy”
http://www.signonsandiego.com/news/business/20070912-9999-bn12housing.ht…
Participant“This graph tells me that there are a lot of “owners” out there who are about to shit their pants when they see how far prices fall over the next several years;)”
AH hah hahahahahahahhlol! HYSTERICAL!
Participant“little lady direct and to the point.”
Too funny, one of my best friends said that to me this morning…guess I am…who knew?
Participant“We have stabilized yoy inventory numbers as well for about 2 months running.”
Are you high? The only thing that is stable is the growing amount of houses being listed and sold for less and less…..
and if it’s happening in East County……..the Greater San Diego area is not far behind…..
August sold 400 or so less houses than the past year…….there is a trend there! That’s the same amount as about a quarter of all homes sold!
ParticipantThe sales are down, time will tell where they go from here.
I believe it will snowball from here.I have seen 45 houses for sale in my area under 400k. I haven’t seen that in a few years.
ParticipantIf the inland empire is an “armpit”, what’s Texas? Sweaty testicles?
ParticipantDesert to the west, Mexico to the south, wineries north west.
Proximity to OC and LA….disneyland, etc….no brainer……September 6, 2007 at 2:35 PM in reply to: San Diego Inventories flat year over year . . . other southwest/Calif. markets all higher. Why? Is SD near a bottom? #83630Participantschizo2buyORnot,
We all have this information and then some….Apparently you can’t read, because if your following housing tracker, inventories in San Diego are on the rise…
SORRY
Participant“Looks like he had the assessor revalue it for tax reasons.”
Where do you see that?
ParticipantExactly……but he may have found out somehow it isn’t worth what he paid for it.. and may be even knows that the market is supposed to over correct.. and maybe he wants a discount on those 450 a month taxes he’s payin’!!!!! LOL!
by the way there IS a house in Lakeside on a quarter acre that has come down to 150k……albeit probably a teardown…but it had been listed a long time for 285k.
Participant“Until shown otherwise, I’m going to listen to my gut and go with I suspect this is a rascally lawyer or someone with a rascally lawyer trying to invalidate the mortgage on a legal technicality. ”
I think if either its the latter, he made too many spelling errors.
ParticipantI concentrate on UNDER 400k, because THEN we are getting into actual territory, where prices are at what, the median income can actually really afford. It is getting back to reality in Santee faster than other areas, it seems to me. I don’t mind that people west of I15, don’t happen to care for my area. I rather like less traffic.
Gloating,… maybe just a little….lol!!!!
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