)The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
San Diego Lasik Doc » Comments » VNQ
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
Commercial Real Estate Could Drop 15% -- Bloomberg [View article]
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>...