[schizo2buyORnot]

Hmmm . . . I bring hard data and these two geniuses bring their wistful speculation. You can’t consider much of anything that Ex-SD says to have the least shred of credibility or value. Note his assinine and completely erroneous comment re Dataquicks numbers in the April Sales increase thread.

http://piggington.com/data_quick_shows_21_9_increase_in_so_cal_april_sales

Guys I am just bringing data that may be of value to Pigs on the thread here. I offer no opinion, only facts, and seek the insight of wise and considered Pigs of which there are many . . . . but not you two.

In search of a crystal ball . . . .

[schizo2buyORnot]

Hmmm . . . I bring hard data and these two geniuses bring their wistful speculation. You can’t consider much of anything that Ex-SD says to have the least shred of credibility or value. Note his assinine and completely erroneous comment re Dataquicks numbers in the April Sales increase thread.

http://piggington.com/data_quick_shows_21_9_increase_in_so_cal_april_sales

Guys I am just bringing data that may be of value to Pigs on the thread here. I offer no opinion, only facts, and seek the insight of wise and considered Pigs of which there are many . . . . but not you two.

In search of a crystal ball . . . .

[schizo2buyORnot]

Hmmm . . . I bring hard data and these two geniuses bring their wistful speculation. You can’t consider much of anything that Ex-SD says to have the least shred of credibility or value. Note his assinine and completely erroneous comment re Dataquicks numbers in the April Sales increase thread.

http://piggington.com/data_quick_shows_21_9_increase_in_so_cal_april_sales

Guys I am just bringing data that may be of value to Pigs on the thread here. I offer no opinion, only facts, and seek the insight of wise and considered Pigs of which there are many . . . . but not you two.

In search of a crystal ball . . . .

[schizo2buyORnot]

Hmmm . . . I bring hard data and these two geniuses bring their wistful speculation. You can’t consider much of anything that Ex-SD says to have the least shred of credibility or value. Note his assinine and completely erroneous comment re Dataquicks numbers in the April Sales increase thread.

http://piggington.com/data_quick_shows_21_9_increase_in_so_cal_april_sales

Guys I am just bringing data that may be of value to Pigs on the thread here. I offer no opinion, only facts, and seek the insight of wise and considered Pigs of which there are many . . . . but not you two.

In search of a crystal ball . . . .

[schizo2buyORnot]

Hmmm . . . I bring hard data and these two geniuses bring their wistful speculation. You can’t consider much of anything that Ex-SD says to have the least shred of credibility or value. Note his assinine and completely erroneous comment re Dataquicks numbers in the April Sales increase thread.

http://piggington.com/data_quick_shows_21_9_increase_in_so_cal_april_sales

Guys I am just bringing data that may be of value to Pigs on the thread here. I offer no opinion, only facts, and seek the insight of wise and considered Pigs of which there are many . . . . but not you two.

In search of a crystal ball . . . .

[schizo2buyORnot]

WSJ analyst gives credence to importance of inventory numbers . . . .

http://online.wsj.com/article/SB121003604494869449.html

“In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.”

In search of a crystal ball . . . .

[schizo2buyORnot]

WSJ analyst gives credence to importance of inventory numbers . . . .

http://online.wsj.com/article/SB121003604494869449.html

“In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.”

In search of a crystal ball . . . .

[schizo2buyORnot]

WSJ analyst gives credence to importance of inventory numbers . . . .

http://online.wsj.com/article/SB121003604494869449.html

“In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.”

In search of a crystal ball . . . .

[schizo2buyORnot]

WSJ analyst gives credence to importance of inventory numbers . . . .

http://online.wsj.com/article/SB121003604494869449.html

“In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.”

In search of a crystal ball . . . .

[schizo2buyORnot]

WSJ analyst gives credence to importance of inventory numbers . . . .

http://online.wsj.com/article/SB121003604494869449.html

“In the past five major housing market corrections (and there were some big ones, such as in the early 1980s when home sales also fell by 50%-60% and prices fell 12%-15% in real terms), every time home sales bottomed, the pace of house-price declines halved within one or two months.

The explanation is that by the time home sales stop declining, inventories of unsold homes have usually already started falling in absolute terms and begin to peak out in “months of supply” terms. That’s the case right now: New home inventories peaked at 598,000 homes in July 2006, and stand at 482,000 homes as of the end of March. This inventory is equivalent to 11 months of supply, a 25-year high – but it is similar to 1974, 1982 and 1991 levels, which saw a subsequent slowing in home-price declines within the next six months.”

In search of a crystal ball . . . .

[schizo2buyORnot]

[img_assist|nid=7456|title=No 2008 Spring Inventory Bounce???|desc=|link=node|align=left|width=466|height=153]

A graphical representation of the above mentioned lack of a 2008 Spring bounce. Link to chart is here http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

[schizo2buyORnot]

[img_assist|nid=7456|title=No 2008 Spring Inventory Bounce???|desc=|link=node|align=left|width=466|height=153]

A graphical representation of the above mentioned lack of a 2008 Spring bounce. Link to chart is here http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

[schizo2buyORnot]

[img_assist|nid=7456|title=No 2008 Spring Inventory Bounce???|desc=|link=node|align=left|width=466|height=153]

A graphical representation of the above mentioned lack of a 2008 Spring bounce. Link to chart is here http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

[schizo2buyORnot]

[img_assist|nid=7456|title=No 2008 Spring Inventory Bounce???|desc=|link=node|align=left|width=466|height=153]

A graphical representation of the above mentioned lack of a 2008 Spring bounce. Link to chart is here http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

[schizo2buyORnot]

[img_assist|nid=7456|title=No 2008 Spring Inventory Bounce???|desc=|link=node|align=left|width=466|height=153]

A graphical representation of the above mentioned lack of a 2008 Spring bounce. Link to chart is here http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

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