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May 20, 2008 at 7:40 PM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208688May 20, 2008 at 7:40 PM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208746
sd_bear
Participanttomato –
There is a baseline of people who need/want to live in the right size home, but unfortunately for them they either have to rent that home or wait until prices fall enough for them to afford the purchase. Emotions have a lot to do with the housing market (just look at the way up!), but emotions will not qualify you for a loan, nor provide a down payment. At the base of everything lies the economics, and that is what this site is about.
We look at the data and then predict the most likely scenario based on that data. Sure, there are a million things that could happen, but the best we can do is look at the data we have and go from there.
May 20, 2008 at 7:40 PM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208775Participanttomato –
There is a baseline of people who need/want to live in the right size home, but unfortunately for them they either have to rent that home or wait until prices fall enough for them to afford the purchase. Emotions have a lot to do with the housing market (just look at the way up!), but emotions will not qualify you for a loan, nor provide a down payment. At the base of everything lies the economics, and that is what this site is about.
We look at the data and then predict the most likely scenario based on that data. Sure, there are a million things that could happen, but the best we can do is look at the data we have and go from there.
May 20, 2008 at 7:40 PM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208799Participanttomato –
There is a baseline of people who need/want to live in the right size home, but unfortunately for them they either have to rent that home or wait until prices fall enough for them to afford the purchase. Emotions have a lot to do with the housing market (just look at the way up!), but emotions will not qualify you for a loan, nor provide a down payment. At the base of everything lies the economics, and that is what this site is about.
We look at the data and then predict the most likely scenario based on that data. Sure, there are a million things that could happen, but the best we can do is look at the data we have and go from there.
May 20, 2008 at 7:40 PM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208832Participanttomato –
There is a baseline of people who need/want to live in the right size home, but unfortunately for them they either have to rent that home or wait until prices fall enough for them to afford the purchase. Emotions have a lot to do with the housing market (just look at the way up!), but emotions will not qualify you for a loan, nor provide a down payment. At the base of everything lies the economics, and that is what this site is about.
We look at the data and then predict the most likely scenario based on that data. Sure, there are a million things that could happen, but the best we can do is look at the data we have and go from there.
May 20, 2008 at 10:21 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208253ParticipantIf you are going to bring data, bring all the data.
The article also states a 19% year over year drop in sales. Is a 19% YOY drop a sign of a healthy market that has reached bottom?
May 20, 2008 at 10:21 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208312ParticipantIf you are going to bring data, bring all the data.
The article also states a 19% year over year drop in sales. Is a 19% YOY drop a sign of a healthy market that has reached bottom?
May 20, 2008 at 10:21 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208341ParticipantIf you are going to bring data, bring all the data.
The article also states a 19% year over year drop in sales. Is a 19% YOY drop a sign of a healthy market that has reached bottom?
May 20, 2008 at 10:21 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208366ParticipantIf you are going to bring data, bring all the data.
The article also states a 19% year over year drop in sales. Is a 19% YOY drop a sign of a healthy market that has reached bottom?
May 20, 2008 at 10:21 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208397ParticipantIf you are going to bring data, bring all the data.
The article also states a 19% year over year drop in sales. Is a 19% YOY drop a sign of a healthy market that has reached bottom?
May 20, 2008 at 10:13 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208233ParticipantIt means that people buy homes in Spring. Nothing more, nothing less.
May 20, 2008 at 10:13 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208292ParticipantIt means that people buy homes in Spring. Nothing more, nothing less.
May 20, 2008 at 10:13 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208320ParticipantIt means that people buy homes in Spring. Nothing more, nothing less.
May 20, 2008 at 10:13 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208347ParticipantIt means that people buy homes in Spring. Nothing more, nothing less.
May 20, 2008 at 10:13 AM in reply to: Its official folks . . . SD RE YOY inventory is now shrinking. #208376ParticipantIt means that people buy homes in Spring. Nothing more, nothing less.
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