Its perfectly accurate when it records a SALE though. See the little circle with the $$$ in it??? Thats not an estimate. Thats the actual sale...
Too bad you are already wrong. Im watching san diego homes hit 2003 prices as we speak. Here is one of many examples
No, the normal ratio is more like a median of 8 to 1, but we hit about 15 to 1 in this bubble. 10 to 1 is the top of the previous bubble. We...
They will only add it in if house prices crash to really low levels and it makes CPI look lower. Lets face it, the substitution game they are...
For a good laugh read http://www.signonsandiego.com/news/business/20070930-9999-1b30inflate.html Did you know that housing prices are not...
I think we have another 20 to 50% to go in many parts of california. If you look at the ratio of income to home prices we are still 6% over the...
Banks cant keep up with the flood for foreclosures so they allow people to stay in their foreclosed homes. This article is eye opening. We are...
Sorry, but you have no clue what you are saying. Without a strategy that works, nothing else matters. 90% cant even find a strategy that works....
Some homes worth less than their copper piping http://www.reuters.com/article/newsOne/idUSN2527885420080401?pageNumber=1&virtualBrandChannel=0
Lives destroyed http://money.cnn.com/2008/03/31/news/economy/copes/index.htm?postversion=2008033105
Angry people destroy their home before bank takes it http://online.wsj.com/article/SB120665586676569881.html?mod=hpp_us_pageone Were still...
Seems perfectly legal to trash YOUR OWN home. Its yours until they foreclose.
The after math http://money.cnn.com/2008/03/27/news/economy/hager/index.htm?cnn=yes
That is a graph of the ratio of home prices to median income, so inflation is already taken into account.
No they are not. This is statistical cherry picking by moronic cheerleaders [IMG]
Mick Pattinson, president of Carlsbad-based builder Barratt American Inc., which constructs homes and condominiums in Southern California, said...
But all real estate is local and in san diego, adjusted for inflation wages have barely moved compared to everything else: 2005 0.6% 2006 0.2%...
Thats a good point about property taxes. The next set of bargain buyers will be paying half in property taxes. Havent decided where to buy....
Dont worry. Its always better to rent than buy. Tell that the people who bought in 2006 in san diego and are 200K to 300K under water now. :eek:...
The 2024 line I drew would only happen if this bubble deflated at the same rate as the previous bubble. But the fact is, its not deflating, its...
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