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Malcolm
2007 May 20, 4:29am
Last I check SF was but one area in California. Check DQs numbers for San Diego and you will see year over year decline, and we have all time record foreclosures. At a recent auction houses sold for 30-50% below peak values.
You sound like a really naive poster WealthyWoman who upon closer inspection of making the same claim was painfully shown that the 850K house in SF that she was being 'outbid' on was actually a $995K house 2 years ago.
~attitude
Malcolm
2007 May 20, 9:49am
OK, since SF is out of my comfort zone I'll retreat on this one.
Saying San Diego doesn't have a significant economy seems a little bold to me, but we both share the same outlook for housing here so why argue the details.
DAiryQUeen Says:
SP - Prices are up much more than the 6.6% median claims. Prices in SF are up closer to 8-10% in the past 12 months.
Okay, FairyQueen, put it up. Post a few examples of same house sales that show this trend. Don't fuck about with medians. Show me specific properties.
Or else, go back to waving statistics that will convince only someone who is a bigger fool than yourself.
SP
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A Farewell to (option-)ARMs
David Lereah has officially vacated his post as chief
shill,propagandist, economist for the NAR. Needless to say, we're really going to miss him here at Patrick.net. Over the many months we have been following him, we have come torevile,detest,loathe, appreciate him as a reliablebald-faced liar,shameless industry whore, source of real estate market information, as well as the public face of the NAR.David will most likely be replaced by well known NAR
lackey,toady,devil spawn, senior economist Lawrence Yun, as he moves on to pursue other interests. He reportedly left his post at the NAR due tobeing universally reviled,having zero credibility,the repeated death threats, wanting more time to spend with his family and to accept a new position as Chairman of Move, Inc.So long, David! We all wish you the best!
HARM & the gang
#housing