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  1. sdrealtor
    April 7, 2009 @ 12:55 PM

    Looks like we are at the
    Looks like we are at the bottom to me. OK so it’s the bottom of the graph…but hey it’s a bottom!

  2. Anonymous
    April 7, 2009 @ 2:44 PM

    I’m curious what a “month
    I’m curious what a “month over month” percent decline might be. Since May ’07, the decline seems pretty straight. This would indicate that as a monthly rate of return, things are getting worse, right? In other words, if your $100k home loses $2k every month, you’re losing 2% of the PEAK value each month — what we see in the above graph. However, your home is now worth $50k, and you are going to lose another $2k this month. That’s a 4% monthly decline. So as a “month to month” rate of return, the decline is accelerating.

    Doesn’t this mean housing is becoming a worse and worse investment — despite the lower prices?

    • sobmaz
      April 14, 2009 @ 6:58 PM

      Excellent point!
      Excellent point!

  3. Anonymous
    April 11, 2009 @ 2:03 PM

    Its the bottom of that
    Its the bottom of that particular graph. Of course, it will probably continue to slide down to an “adjustment” level but remember, you guys were living in a bubble for years. Its about time your prices adjusted to reality.

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