[sdrealtor]

Looks like Bugs was pointing out the same thing as I but a bit more succintly while I was typing away.

[sdrealtor]

Think back a little in time and there were essentially NO defaults anywhere. Prices were rising and anyone could refi out of trouble. Times is a different now. We all know that.

While there are defaults in each of those communities you mentioned in CV, there seemed to be 1 or at most 2 in each. Hardly the sign of widespread panic. I’m not claiming it isnt coming but rather that it isnt here yet.

I dont relie on anyone’s research of the market only my own as I havent found any other Realtors with the analytical skills and experience I have (CPA, master degree in Financial Analysis, significant statistical and market research experience etc.) There are so many flaws in the data its not even worth getting into. The only way to really understand what is going on is to follow a micro market very closely and understand how to adjust for the unique differencews between each home/data point. Off my soapbox……

[sdrealtor]

Think back a little in time and there were essentially NO defaults anywhere. Prices were rising and anyone could refi out of trouble. Times is a different now. We all know that.

While there are defaults in each of those communities you mentioned in CV, there seemed to be 1 or at most 2 in each. Hardly the sign of widespread panic. I’m not claiming it isnt coming but rather that it isnt here yet.

I dont relie on anyone’s research of the market only my own as I havent found any other Realtors with the analytical skills and experience I have (CPA, master degree in Financial Analysis, significant statistical and market research experience etc.) There are so many flaws in the data its not even worth getting into. The only way to really understand what is going on is to follow a micro market very closely and understand how to adjust for the unique differencews between each home/data point. Off my soapbox……

[sdrealtor]

Think back a little in time and there were essentially NO defaults anywhere. Prices were rising and anyone could refi out of trouble. Times is a different now. We all know that.

While there are defaults in each of those communities you mentioned in CV, there seemed to be 1 or at most 2 in each. Hardly the sign of widespread panic. I’m not claiming it isnt coming but rather that it isnt here yet.

I dont relie on anyone’s research of the market only my own as I havent found any other Realtors with the analytical skills and experience I have (CPA, master degree in Financial Analysis, significant statistical and market research experience etc.) There are so many flaws in the data its not even worth getting into. The only way to really understand what is going on is to follow a micro market very closely and understand how to adjust for the unique differencews between each home/data point. Off my soapbox……

[sdrealtor]

Think back a little in time and there were essentially NO defaults anywhere. Prices were rising and anyone could refi out of trouble. Times is a different now. We all know that.

While there are defaults in each of those communities you mentioned in CV, there seemed to be 1 or at most 2 in each. Hardly the sign of widespread panic. I’m not claiming it isnt coming but rather that it isnt here yet.

I dont relie on anyone’s research of the market only my own as I havent found any other Realtors with the analytical skills and experience I have (CPA, master degree in Financial Analysis, significant statistical and market research experience etc.) There are so many flaws in the data its not even worth getting into. The only way to really understand what is going on is to follow a micro market very closely and understand how to adjust for the unique differencews between each home/data point. Off my soapbox……

[sdrealtor]

Think back a little in time and there were essentially NO defaults anywhere. Prices were rising and anyone could refi out of trouble. Times is a different now. We all know that.

While there are defaults in each of those communities you mentioned in CV, there seemed to be 1 or at most 2 in each. Hardly the sign of widespread panic. I’m not claiming it isnt coming but rather that it isnt here yet.

I dont relie on anyone’s research of the market only my own as I havent found any other Realtors with the analytical skills and experience I have (CPA, master degree in Financial Analysis, significant statistical and market research experience etc.) There are so many flaws in the data its not even worth getting into. The only way to really understand what is going on is to follow a micro market very closely and understand how to adjust for the unique differencews between each home/data point. Off my soapbox……

[sdrealtor]

Sorry I dont read his blog. In the tax records I couldnt find 30 detached properties in default. I specifically addressed dettached properties as condos in CV are an entirely different market.

I’m not saying it isnt coming but its not here yet. As for OCR’s claim of late tax payments, I’ve seen homes with 5 years of tax payments in arrears. Late/unpaid taxes arent the same thing as an NOD. The fuse on then is much longer longer and alot can happen in a few years vs. a few months.

[sdrealtor]

Sorry I dont read his blog. In the tax records I couldnt find 30 detached properties in default. I specifically addressed dettached properties as condos in CV are an entirely different market.

I’m not saying it isnt coming but its not here yet. As for OCR’s claim of late tax payments, I’ve seen homes with 5 years of tax payments in arrears. Late/unpaid taxes arent the same thing as an NOD. The fuse on then is much longer longer and alot can happen in a few years vs. a few months.

[sdrealtor]

Sorry I dont read his blog. In the tax records I couldnt find 30 detached properties in default. I specifically addressed dettached properties as condos in CV are an entirely different market.

I’m not saying it isnt coming but its not here yet. As for OCR’s claim of late tax payments, I’ve seen homes with 5 years of tax payments in arrears. Late/unpaid taxes arent the same thing as an NOD. The fuse on then is much longer longer and alot can happen in a few years vs. a few months.

[sdrealtor]

Sorry I dont read his blog. In the tax records I couldnt find 30 detached properties in default. I specifically addressed dettached properties as condos in CV are an entirely different market.

I’m not saying it isnt coming but its not here yet. As for OCR’s claim of late tax payments, I’ve seen homes with 5 years of tax payments in arrears. Late/unpaid taxes arent the same thing as an NOD. The fuse on then is much longer longer and alot can happen in a few years vs. a few months.

[sdrealtor]

Sorry I dont read his blog. In the tax records I couldnt find 30 detached properties in default. I specifically addressed dettached properties as condos in CV are an entirely different market.

I’m not saying it isnt coming but its not here yet. As for OCR’s claim of late tax payments, I’ve seen homes with 5 years of tax payments in arrears. Late/unpaid taxes arent the same thing as an NOD. The fuse on then is much longer longer and alot can happen in a few years vs. a few months.

[sdrealtor]

I’m beginning to think JWM=ex-sd. Whenever one posts, the other steps forward shortly thereafter with a pat on the back for finding such a great article. C’mon guys (or guy) bring some thoughtful analysis for change.

As a step further, I’d venture that its possible JWM = ex-sd = PS

[sdrealtor]

I’m beginning to think JWM=ex-sd. Whenever one posts, the other steps forward shortly thereafter with a pat on the back for finding such a great article. C’mon guys (or guy) bring some thoughtful analysis for change.

As a step further, I’d venture that its possible JWM = ex-sd = PS

[sdrealtor]

I’m beginning to think JWM=ex-sd. Whenever one posts, the other steps forward shortly thereafter with a pat on the back for finding such a great article. C’mon guys (or guy) bring some thoughtful analysis for change.

As a step further, I’d venture that its possible JWM = ex-sd = PS

[sdrealtor]

I’m beginning to think JWM=ex-sd. Whenever one posts, the other steps forward shortly thereafter with a pat on the back for finding such a great article. C’mon guys (or guy) bring some thoughtful analysis for change.

As a step further, I’d venture that its possible JWM = ex-sd = PS

[Author]

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