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pencilneck
ParticipantSubmarkets aside, its pretty clear that nationally housing is currently softening. The plunge in mortgage applications is one telling indicator. Another is the shift from appreciation to depreciation in the case shiller index (in 18 of 20 markets I believe).
I believe San Diego, as a whole, will soon follow suit. The pause in the housing decline appears to be over. I think this will be visible in the San Diego markets by this Fall, but I’m not absolutely sure about this. I’m more confident in the general trend than exact timing.
Best of luck to all.
ParticipantSubmarkets aside, its pretty clear that nationally housing is currently softening. The plunge in mortgage applications is one telling indicator. Another is the shift from appreciation to depreciation in the case shiller index (in 18 of 20 markets I believe).
I believe San Diego, as a whole, will soon follow suit. The pause in the housing decline appears to be over. I think this will be visible in the San Diego markets by this Fall, but I’m not absolutely sure about this. I’m more confident in the general trend than exact timing.
Best of luck to all.
ParticipantSubmarkets aside, its pretty clear that nationally housing is currently softening. The plunge in mortgage applications is one telling indicator. Another is the shift from appreciation to depreciation in the case shiller index (in 18 of 20 markets I believe).
I believe San Diego, as a whole, will soon follow suit. The pause in the housing decline appears to be over. I think this will be visible in the San Diego markets by this Fall, but I’m not absolutely sure about this. I’m more confident in the general trend than exact timing.
Best of luck to all.
ParticipantCool map. One minor criticism of it is that it draws the black lines first and then draws the red ones over it. This consistently gives population exodus numbers a much stronger visual representation.
But its still pretty cool. Thanks for the link Edna!
ParticipantCool map. One minor criticism of it is that it draws the black lines first and then draws the red ones over it. This consistently gives population exodus numbers a much stronger visual representation.
But its still pretty cool. Thanks for the link Edna!
ParticipantCool map. One minor criticism of it is that it draws the black lines first and then draws the red ones over it. This consistently gives population exodus numbers a much stronger visual representation.
But its still pretty cool. Thanks for the link Edna!
ParticipantCool map. One minor criticism of it is that it draws the black lines first and then draws the red ones over it. This consistently gives population exodus numbers a much stronger visual representation.
But its still pretty cool. Thanks for the link Edna!
ParticipantCool map. One minor criticism of it is that it draws the black lines first and then draws the red ones over it. This consistently gives population exodus numbers a much stronger visual representation.
But its still pretty cool. Thanks for the link Edna!
ParticipantAvatar was at least twice as good as 300. Half of 300 would be around Clash of the Titans.
ParticipantAvatar was at least twice as good as 300. Half of 300 would be around Clash of the Titans.
ParticipantAvatar was at least twice as good as 300. Half of 300 would be around Clash of the Titans.
ParticipantAvatar was at least twice as good as 300. Half of 300 would be around Clash of the Titans.
ParticipantAvatar was at least twice as good as 300. Half of 300 would be around Clash of the Titans.
Participant“But I also wonder if all these years of waiting have made me a perma-bear.”
I’ve been doing similar soul searching. I still see more downside risk than upside potential over the next few years.
“Could I actually miss the boat?”
What is missing the boat? Could you miss the exact bottom of the market? Yes. Are prices going to suddenly jump into the stratosphere again? I kind of doubt it.
This rally may be a bottom forming. However, we haven’t really seen yet what the market looks like without the $8k federal tax credit, and a lot of current numbers reflect sales that are taking advantage of the $10k state tax incentive as well. I think there is little risk in waiting to see where the market it headed next.
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