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June 2, 2009 at 5:40 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409478June 2, 2009 at 5:40 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409725
ybitz
ParticipantHow long would such homeowners be able to hold out, if they ultimately want to sell and escape? Wouldn’t they be better off selling now with the low interest rate, tax credit, low inventory, then later (say, next year) when all three conditions go away?
June 2, 2009 at 5:40 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409787ParticipantHow long would such homeowners be able to hold out, if they ultimately want to sell and escape? Wouldn’t they be better off selling now with the low interest rate, tax credit, low inventory, then later (say, next year) when all three conditions go away?
June 2, 2009 at 5:40 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409936ParticipantHow long would such homeowners be able to hold out, if they ultimately want to sell and escape? Wouldn’t they be better off selling now with the low interest rate, tax credit, low inventory, then later (say, next year) when all three conditions go away?
June 2, 2009 at 5:03 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409180Participant[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]
I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?June 2, 2009 at 5:03 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409418Participant[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]
I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?June 2, 2009 at 5:03 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409664Participant[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]
I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?June 2, 2009 at 5:03 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409727Participant[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]
I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?June 2, 2009 at 5:03 PM in reply to: SD inventories dropping like a rock . . . disconnect from other “bubble” markets #409877Participant[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]
I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?May 26, 2009 at 4:51 PM in reply to: curious about this property : 10861 Caminito Alto San Diego, CA 92131 #405861ParticipantI don’t really know either, but could that be the price the bank paid to repossess the house?
May 26, 2009 at 4:51 PM in reply to: curious about this property : 10861 Caminito Alto San Diego, CA 92131 #406106ParticipantI don’t really know either, but could that be the price the bank paid to repossess the house?
May 26, 2009 at 4:51 PM in reply to: curious about this property : 10861 Caminito Alto San Diego, CA 92131 #406347ParticipantI don’t really know either, but could that be the price the bank paid to repossess the house?
May 26, 2009 at 4:51 PM in reply to: curious about this property : 10861 Caminito Alto San Diego, CA 92131 #406408ParticipantI don’t really know either, but could that be the price the bank paid to repossess the house?
May 26, 2009 at 4:51 PM in reply to: curious about this property : 10861 Caminito Alto San Diego, CA 92131 #406556ParticipantI don’t really know either, but could that be the price the bank paid to repossess the house?
Participantdon’t you wish you could get a crystal ball that shows you what the housing market will be like in 1 to 2 years? I’m in the market as well, but it makes me nervous to buy with such a large foreclosure looming in the background and talks of additional price falls. At the same time, I don’t want to wait years and years, but nor do I want to be a “sucker”. We piggs have it tough…we think too much! There are times when I think that if I were more blissfully ignorant to the market indicators, we’d probably be happy living in our new homes already.
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