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Looks like the bull trap has sprung and prices have resumed their fall to affordability
http://lansner.ocregister.com/2012/09/08/166087/166087/
Great news for buyer watching and waiting.
Investors are snapping up the lower priced properties because they have better CAP rates. That lowers the median price.
In reality prices are exploding beyond all expectations. There is nothing to buy. OMG.
AND the mix of homes selling can effect the median drastically... When Case-shiller type indices show this turn around, maybe you'll have something.
By the time Case-Shiller shows the resumption of the crash, roberto and the likes will be licking their wounds, deep in the fear stage of this multi-decade decline.
Yawn, let me know when it's down 10% year over year
Well, it's a good thing that you bulls always have some lame excuse to cling on to. That way you stay well implanted in your froggie pots.

I thought you were going to start being truthful with the public?
Now what part don't you understand about a 0.5% YoY increase being statistical noise?
I understand the part that it's not a further 65% crash.
Comments 1 - 5 of 73 Next » Last » Search these comments
Looks like the bull trap has sprung and prices have resumed their fall to affordability
http://lansner.ocregister.com/2012/09/08/166087/166087/
Great news for the buyer watching and waiting.