but but but I thought the bottom was 2009 ?
2011 Feb 9, 4:47am 29,268 views 66 comments
by pkowen follow (0)
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joshuatrio
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2011 Feb 9, 5:19am
"I think we're bumping along the bottom right now," said Realtor Douglas MacDonald of Coldwell Banker Solano Pacific in Vallejo.
If I had a nickel....
pkowen
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2011 Feb 9, 8:59am
My point is, "Home values fell in the Bay Area and around the nation in the fourth quarter..." The bottom was not 2009.
Â¥
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2011 Feb 9, 9:07am
Looks like a 2B condo sold for $380,000 in the complex I like to watch.
I think we're bouncing along the bottom here and chances are in fact non-zero that prices will move up.
They certainly want to, given that the 30 year cost of owership on that condo is just $1300/mo, well under rents (actual cash outgo is $2300/mo, which is pretty affordable around here).
“I think we’re bumping along the bottom right now,†said Realtor Douglas MacDonald of Coldwell Banker Solano Pacific in Vallejo.
If I had a nickel….
Last time the REA were saying we are "bumping along the bottom,
and prices would go flat for awile" was when prices peaked in 2006-07.
My point is, “Home values fell in the Bay Area and around the nation in the fourth quarter…†The bottom was not 2009.
OH! SHOCKING NEWS !
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Home prices to hit bottom this year, report says
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/02/08/BUC81HK33N.DTL#ixzz1DUrCcUzJ