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sdrealtor
ParticipantJust antoher heroic measure to save the housing market and US economy aimed at mitigating the damage. Not the first and certainly not he last we will see.
sdrealtor
ParticipantJust antoher heroic measure to save the housing market and US economy aimed at mitigating the damage. Not the first and certainly not he last we will see.
sdrealtor
ParticipantJust antoher heroic measure to save the housing market and US economy aimed at mitigating the damage. Not the first and certainly not he last we will see.
sdrealtor
ParticipantJust antoher heroic measure to save the housing market and US economy aimed at mitigating the damage. Not the first and certainly not he last we will see.
sdrealtor
ParticipantJust antoher heroic measure to save the housing market and US economy aimed at mitigating the damage. Not the first and certainly not he last we will see.
sdrealtor
ParticipantI just got my report and it is a doozy. The NOD list which was typically about 70 pages a year ago and spiked as high as 140 pages was 200 PAGES long for the last few days of 2007 and first few days of 2008.
I saw a little more action in the nicer areas but still relatively low levels.
SD R,
This one’s for you buddy!! Guess who is on the NOD list? Our irate friend on Countryhaven Court.I’ll post more if I see anything interesting after a more indepth look at the report.
Just wanted to bump this up the list for SD R to see with glee.
sdrealtor
ParticipantI just got my report and it is a doozy. The NOD list which was typically about 70 pages a year ago and spiked as high as 140 pages was 200 PAGES long for the last few days of 2007 and first few days of 2008.
I saw a little more action in the nicer areas but still relatively low levels.
SD R,
This one’s for you buddy!! Guess who is on the NOD list? Our irate friend on Countryhaven Court.I’ll post more if I see anything interesting after a more indepth look at the report.
Just wanted to bump this up the list for SD R to see with glee.
sdrealtor
ParticipantI just got my report and it is a doozy. The NOD list which was typically about 70 pages a year ago and spiked as high as 140 pages was 200 PAGES long for the last few days of 2007 and first few days of 2008.
I saw a little more action in the nicer areas but still relatively low levels.
SD R,
This one’s for you buddy!! Guess who is on the NOD list? Our irate friend on Countryhaven Court.I’ll post more if I see anything interesting after a more indepth look at the report.
Just wanted to bump this up the list for SD R to see with glee.
sdrealtor
ParticipantI just got my report and it is a doozy. The NOD list which was typically about 70 pages a year ago and spiked as high as 140 pages was 200 PAGES long for the last few days of 2007 and first few days of 2008.
I saw a little more action in the nicer areas but still relatively low levels.
SD R,
This one’s for you buddy!! Guess who is on the NOD list? Our irate friend on Countryhaven Court.I’ll post more if I see anything interesting after a more indepth look at the report.
Just wanted to bump this up the list for SD R to see with glee.
sdrealtor
ParticipantI just got my report and it is a doozy. The NOD list which was typically about 70 pages a year ago and spiked as high as 140 pages was 200 PAGES long for the last few days of 2007 and first few days of 2008.
I saw a little more action in the nicer areas but still relatively low levels.
SD R,
This one’s for you buddy!! Guess who is on the NOD list? Our irate friend on Countryhaven Court.I’ll post more if I see anything interesting after a more indepth look at the report.
Just wanted to bump this up the list for SD R to see with glee.
January 10, 2008 at 10:08 PM in reply to: Slow decline or is a big chunk about to be ripped out? #133932sdrealtor
ParticipantRuss,
For the record, my prediction for 2007 (made in late 2006 and reiterated dozens of times throughout 2007 on this blog) was a drop in prices between 5 to 10% in the areas I follow with the vast majority of that decline occuring between September and December. I think my record of forecasting stands strong as I was spot on again.In the last 2 or 3 weeks, recent sales have shown some decent sized drops in North County. Defintely larger drops than we have been seeing. When I checked several of the nice communities in my area, I find virtually nothing in escrow in any of them. I think this shows the price declines we just saw in a handful of sales are not an aberation. Last year I did not believe prices would fall in the Spring and would suffer only late in the year. Thats what happened. Based upon what I see today, I believe prices will decline steadily throughout the year in my area. I’m looking for another 5 to 10% hit this year with a bias toward the the higher end of the range.
January 10, 2008 at 10:08 PM in reply to: Slow decline or is a big chunk about to be ripped out? #134125sdrealtor
ParticipantRuss,
For the record, my prediction for 2007 (made in late 2006 and reiterated dozens of times throughout 2007 on this blog) was a drop in prices between 5 to 10% in the areas I follow with the vast majority of that decline occuring between September and December. I think my record of forecasting stands strong as I was spot on again.In the last 2 or 3 weeks, recent sales have shown some decent sized drops in North County. Defintely larger drops than we have been seeing. When I checked several of the nice communities in my area, I find virtually nothing in escrow in any of them. I think this shows the price declines we just saw in a handful of sales are not an aberation. Last year I did not believe prices would fall in the Spring and would suffer only late in the year. Thats what happened. Based upon what I see today, I believe prices will decline steadily throughout the year in my area. I’m looking for another 5 to 10% hit this year with a bias toward the the higher end of the range.
January 10, 2008 at 10:08 PM in reply to: Slow decline or is a big chunk about to be ripped out? #134132sdrealtor
ParticipantRuss,
For the record, my prediction for 2007 (made in late 2006 and reiterated dozens of times throughout 2007 on this blog) was a drop in prices between 5 to 10% in the areas I follow with the vast majority of that decline occuring between September and December. I think my record of forecasting stands strong as I was spot on again.In the last 2 or 3 weeks, recent sales have shown some decent sized drops in North County. Defintely larger drops than we have been seeing. When I checked several of the nice communities in my area, I find virtually nothing in escrow in any of them. I think this shows the price declines we just saw in a handful of sales are not an aberation. Last year I did not believe prices would fall in the Spring and would suffer only late in the year. Thats what happened. Based upon what I see today, I believe prices will decline steadily throughout the year in my area. I’m looking for another 5 to 10% hit this year with a bias toward the the higher end of the range.
January 10, 2008 at 10:08 PM in reply to: Slow decline or is a big chunk about to be ripped out? #134189sdrealtor
ParticipantRuss,
For the record, my prediction for 2007 (made in late 2006 and reiterated dozens of times throughout 2007 on this blog) was a drop in prices between 5 to 10% in the areas I follow with the vast majority of that decline occuring between September and December. I think my record of forecasting stands strong as I was spot on again.In the last 2 or 3 weeks, recent sales have shown some decent sized drops in North County. Defintely larger drops than we have been seeing. When I checked several of the nice communities in my area, I find virtually nothing in escrow in any of them. I think this shows the price declines we just saw in a handful of sales are not an aberation. Last year I did not believe prices would fall in the Spring and would suffer only late in the year. Thats what happened. Based upon what I see today, I believe prices will decline steadily throughout the year in my area. I’m looking for another 5 to 10% hit this year with a bias toward the the higher end of the range.
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