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peterb
Participant“Always” , a dangerous word in a dynamic world.
Participant“Always” , a dangerous word in a dynamic world.
Participant“Always” , a dangerous word in a dynamic world.
ParticipantI love Encinitas and will be looking to buy their in 2011. Unemployment is going to ruin all markets. Watch the stock market get crushed with every new BLS report. And watch RE sales volume erode as well. It’s the one indicator that no one argues with. It destroys demand and raises defaults. And more is coming.
ParticipantI love Encinitas and will be looking to buy their in 2011. Unemployment is going to ruin all markets. Watch the stock market get crushed with every new BLS report. And watch RE sales volume erode as well. It’s the one indicator that no one argues with. It destroys demand and raises defaults. And more is coming.
ParticipantI love Encinitas and will be looking to buy their in 2011. Unemployment is going to ruin all markets. Watch the stock market get crushed with every new BLS report. And watch RE sales volume erode as well. It’s the one indicator that no one argues with. It destroys demand and raises defaults. And more is coming.
ParticipantI love Encinitas and will be looking to buy their in 2011. Unemployment is going to ruin all markets. Watch the stock market get crushed with every new BLS report. And watch RE sales volume erode as well. It’s the one indicator that no one argues with. It destroys demand and raises defaults. And more is coming.
ParticipantI love Encinitas and will be looking to buy their in 2011. Unemployment is going to ruin all markets. Watch the stock market get crushed with every new BLS report. And watch RE sales volume erode as well. It’s the one indicator that no one argues with. It destroys demand and raises defaults. And more is coming.
October 4, 2008 at 12:06 PM in reply to: Bailout – What does it mean for real estate for us waiting? #280919ParticipantIf you look at the last few RE cycles in CA, you’ll see that by far the strongest correlation is in unemployment. Anything above 6% spells a shut down for the RE market. We’re at 7.7% in CA and rising with no bottom in sight yet.
The failout package is about containing a collapse. not stopping the trend. It’s a delaying tactic at best and who knows how long or well it will really work. SD county has had a median price of about 5 times median income as a historic std for the last 30 years. That could easily over correct in a housing bear market and go more towards the national ratio of 3:1.
October 4, 2008 at 12:06 PM in reply to: Bailout – What does it mean for real estate for us waiting? #281194ParticipantIf you look at the last few RE cycles in CA, you’ll see that by far the strongest correlation is in unemployment. Anything above 6% spells a shut down for the RE market. We’re at 7.7% in CA and rising with no bottom in sight yet.
The failout package is about containing a collapse. not stopping the trend. It’s a delaying tactic at best and who knows how long or well it will really work. SD county has had a median price of about 5 times median income as a historic std for the last 30 years. That could easily over correct in a housing bear market and go more towards the national ratio of 3:1.
October 4, 2008 at 12:06 PM in reply to: Bailout – What does it mean for real estate for us waiting? #281197ParticipantIf you look at the last few RE cycles in CA, you’ll see that by far the strongest correlation is in unemployment. Anything above 6% spells a shut down for the RE market. We’re at 7.7% in CA and rising with no bottom in sight yet.
The failout package is about containing a collapse. not stopping the trend. It’s a delaying tactic at best and who knows how long or well it will really work. SD county has had a median price of about 5 times median income as a historic std for the last 30 years. That could easily over correct in a housing bear market and go more towards the national ratio of 3:1.
October 4, 2008 at 12:06 PM in reply to: Bailout – What does it mean for real estate for us waiting? #281240ParticipantIf you look at the last few RE cycles in CA, you’ll see that by far the strongest correlation is in unemployment. Anything above 6% spells a shut down for the RE market. We’re at 7.7% in CA and rising with no bottom in sight yet.
The failout package is about containing a collapse. not stopping the trend. It’s a delaying tactic at best and who knows how long or well it will really work. SD county has had a median price of about 5 times median income as a historic std for the last 30 years. That could easily over correct in a housing bear market and go more towards the national ratio of 3:1.
October 4, 2008 at 12:06 PM in reply to: Bailout – What does it mean for real estate for us waiting? #281251ParticipantIf you look at the last few RE cycles in CA, you’ll see that by far the strongest correlation is in unemployment. Anything above 6% spells a shut down for the RE market. We’re at 7.7% in CA and rising with no bottom in sight yet.
The failout package is about containing a collapse. not stopping the trend. It’s a delaying tactic at best and who knows how long or well it will really work. SD county has had a median price of about 5 times median income as a historic std for the last 30 years. That could easily over correct in a housing bear market and go more towards the national ratio of 3:1.
Participantand so it goes…
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