[zk]

You’re not going to find anything in CV at 2001 prices. Not now, not ever. Carmel Valley single family homes, at best (lowest), are at late 2003 levels. Which are a solid 50% higher than 2001 prices. While real values in CV have a slight chance of dropping 50% at some point, nominal prices will never approach 2001 levels.

I think that a lot of buyer demand has been moved earlier by the fed gov’t handouts, which will make it relatively hard for sellers to find buyers for a while now that they’ve ended. You’ve now got the state handout, which may help things for a while, but apparently the money for that won’t last long.

I’d give prices a twenty percent chance of coming down 10%. Odds are they won’t drop even that much, if they drop at all.

[zk]

You’re not going to find anything in CV at 2001 prices. Not now, not ever. Carmel Valley single family homes, at best (lowest), are at late 2003 levels. Which are a solid 50% higher than 2001 prices. While real values in CV have a slight chance of dropping 50% at some point, nominal prices will never approach 2001 levels.

I think that a lot of buyer demand has been moved earlier by the fed gov’t handouts, which will make it relatively hard for sellers to find buyers for a while now that they’ve ended. You’ve now got the state handout, which may help things for a while, but apparently the money for that won’t last long.

I’d give prices a twenty percent chance of coming down 10%. Odds are they won’t drop even that much, if they drop at all.

[zk]

My wife is pretty nice, but not nice enough to let me go to a pigg meetup on her birthday. Wish I could make it. Next time.

[zk]

My wife is pretty nice, but not nice enough to let me go to a pigg meetup on her birthday. Wish I could make it. Next time.

[zk]

My wife is pretty nice, but not nice enough to let me go to a pigg meetup on her birthday. Wish I could make it. Next time.

[zk]

My wife is pretty nice, but not nice enough to let me go to a pigg meetup on her birthday. Wish I could make it. Next time.

[zk]

My wife is pretty nice, but not nice enough to let me go to a pigg meetup on her birthday. Wish I could make it. Next time.

[zk]

[quote=outtamojo]isn’t there enough bad RECENT news around to post?[/quote]

How about this:

[img_assist|nid=12834|title=|desc=em|link=node|align=center|width=190|height=289]

Quite a chart. I’m no expert, but that seems pretty significant.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html?

[zk]

[quote=outtamojo]isn’t there enough bad RECENT news around to post?[/quote]

How about this:

[img_assist|nid=12834|title=|desc=em|link=node|align=center|width=190|height=289]

Quite a chart. I’m no expert, but that seems pretty significant.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html?

[zk]

[quote=outtamojo]isn’t there enough bad RECENT news around to post?[/quote]

How about this:

[img_assist|nid=12834|title=|desc=em|link=node|align=center|width=190|height=289]

Quite a chart. I’m no expert, but that seems pretty significant.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html?

[zk]

[quote=outtamojo]isn’t there enough bad RECENT news around to post?[/quote]

How about this:

[img_assist|nid=12834|title=|desc=em|link=node|align=center|width=190|height=289]

Quite a chart. I’m no expert, but that seems pretty significant.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html?

[zk]

[quote=outtamojo]isn’t there enough bad RECENT news around to post?[/quote]

How about this:

[img_assist|nid=12834|title=|desc=em|link=node|align=center|width=190|height=289]

Quite a chart. I’m no expert, but that seems pretty significant.

http://www.nytimes.com/2010/02/21/business/economy/21unemployed.html?

[zk]

I don’t see why “I’m sorry if you were offended by what I said/did” passes for an apology these days in this country. Not just in this case, but in general. “I’m sorry I did/said those offensive things” seems like it should be the minimum required. Saying “I’m sorry if you were offended” sounds to me like you’re saying, “I didn’t do anything wrong, but if you’re a pansy ass and can’t handle it, I’m sorry (for you).” A total lack of acceptance of any responsibility.

[zk]

I don’t see why “I’m sorry if you were offended by what I said/did” passes for an apology these days in this country. Not just in this case, but in general. “I’m sorry I did/said those offensive things” seems like it should be the minimum required. Saying “I’m sorry if you were offended” sounds to me like you’re saying, “I didn’t do anything wrong, but if you’re a pansy ass and can’t handle it, I’m sorry (for you).” A total lack of acceptance of any responsibility.

[zk]

I don’t see why “I’m sorry if you were offended by what I said/did” passes for an apology these days in this country. Not just in this case, but in general. “I’m sorry I did/said those offensive things” seems like it should be the minimum required. Saying “I’m sorry if you were offended” sounds to me like you’re saying, “I didn’t do anything wrong, but if you’re a pansy ass and can’t handle it, I’m sorry (for you).” A total lack of acceptance of any responsibility.

[Author]

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