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  • Housing Crisis: 'Positive Spin' or Simply 'Misinformation?' [View article]
    Good points. But, to me the real question is why NAR needs an economist. This point is best stated by San Diego Realtor Bob Schwartz in a blog post titled "Does the National Association of Realtors really need an economist?", which appeared on 3-14-08. I would suggest you view it at:
    www.brokerforyou.com/b...

    San Diego Lasik Doc
    Jan 28 03:05 am |Rating: 0 0 |Link to Comment
  • Is the Fed Lending Directly to Troubled Homeowners? [View article]
    With the real estate values in 'bubble' cities set to drop up to 20% this year, will the Government again be bailing out these same homeowners in 2010?

    For a video titled: "Real Esate Outlook 2009 … Economist Gary Shilling" visit: www.brokerforyou.com/b...
    Jan 16 13:56 pm |Rating: +1 0 |Link to Comment
  • Why Home Prices Should Either Stabilize or Recover This Year  [View article]
    After a run up of 120%, a 35% correction is not enough to call for a bottom. Another 155 -20% is required before a bottom may be in place.
    A very good post on the 2009 forecast for San Diego real estate that should also apply to other bubble areas is located at:
    www.brokerforyou.com/b...
    it's titled: San Diego Real Estate Predictions 2009…Watch Out For The Bull!
    Jan 15 12:19 pm |Rating: +3 0 |Link to Comment
  • The Unfortunate State of the Current Housing Market [View article]
    Keep in mind that each city (market) is different for real estate trends. In San Diego California, condo vales in a number of neighborhoods have in the past two years dropped over 50%! For a good take on this and a few charts, visit: www.brokerforyou.com/b.../
    Sep 24 12:42 pm |Rating: 0 0 |Link to Comment
  • Housing Prices: How Far to Go Until the Bottom? [View article]
    I agree. But, in bubble markets like Las Vegas, San Diego etc. the drop will be MUCH larger. As an example, San Diego median home price in August was $350,00, a 26.3% drop from a year ago.
    For a 'real' picture of the San Diego CA real estate bubble market, visit:
    www.brokerforyou.com/b.../
    Sep 23 09:48 am |Rating: 0 0 |Link to Comment
  • How Long Until Housing Prices Stabilize? [View article]
    Sure, "eventually" the real estate market will bottom. When, is the question! For a good post on the value drops in San Diego California, one should read the 9-10-08 post "The San Diego California Real Estate Great Depression" it can be found at:
    www.brokerforyou.com/b.../
    Sep 15 02:22 am |Rating: 0 0 |Link to Comment
  • How Much Have our Real Estate Assets Gone Down? [View article]
    Interesting graph. For similar graph for San Diego California over the last two years, I would suggest one look at the 9-10-08 post "The San Diego California Real Estate Great Depression" it can be found at:
    www.brokerforyou.com/b.../
    Sep 15 02:08 am |Rating: 0 0 |Link to Comment
  • Currency Market Predicts Bailout Is the End of the Credit and Housing Crunch [View article]
    You make some good points, but I think you are a year or two early for a housing bottom.

    You noted "There is a lot of demand on the sidelines" quoted from Toll CEO, but the real demand on the sidelines is NOT to buy, but to SELL!
    For another take on this "demand" from a San Diego Realtor, one must read "San Diego Real Estate Pent-Up Demand .. It’s Real & About To Kick-In," this blog post was published on 7-14-08 on:
    www.brokerforyou.com/b.../

    Sep 08 10:24 am |Rating: 0 0 |Link to Comment
  • Declines from Peaks in Housing Show Big Disparity [View article]
    Good post & great chart. For San Diego 30% seems a low estimate. I just read an article on how changes in jumbo financing may push the San Diego housing market down further. The article is titled Jumbo Financing and the Impact on The San Diego Real Estate Market and can be found at: www.brokerforyou.com/b.../
    Aug 30 09:19 am |Rating: 0 0 |Link to Comment
  • Commercial Real Estate Could Drop 15% -- Bloomberg [View article]
    Hi, interesting blog. Thanks for the read!

    I just noticed in today’s headlines that the Realtors pending home sale index fell by 12.2% for July 2007. This is a huge drop especially considering that most economists thought it would only be off by 2%.

    Today I noted in a San Diego real estate broker’s blog (www.brokerforyou.com/b.../) an interesting post about this as well as some really eye opening statistics for the San Diego real estate market.

    You definitely want to view the chart posted on August 27th showing the one year value decline for condominiums in the San Diego area. This chart shows that in one zip code, values were off by over 34.2% in just this time period. When one considers that the top of the market was actually sometime around the summer of 2005, there is a good possibility that before this is over, some real estate values could be off by 50% or more from their peak.


    San Francisco attorneys</font>...
    Sep 05 13:57 pm |Rating: 0 0 |Link to Comment
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