tag:blogger.com,1999:blog-6616959642391988608.post1794128833905571369..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Home price update (2)Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6616959642391988608.post-87115418120601988372009-04-15T18:50:00.000-07:002009-04-15T18:50:00.000-07:00Scott,
My own version of gree shoots: Maureen test...Scott,<br />My own version of gree shoots: Maureen tested negative for multiple mylenoma. Phew! I may be able to criticize you more frequently sooner than I thought.Mark A. Sadowskihttps://www.blogger.com/profile/13147923641894915172noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20677430015065760252009-04-15T08:34:00.000-07:002009-04-15T08:34:00.000-07:00Affordability is a relative measure that not only ...Affordability is a relative measure that not only relies on rates and prices but on the ability of an individual to 1) be in a position to take advantage of the "affordability" and 2) believe that in the future they will have the ability to maintain that "affordability". I do not think your charts capture any of that sentiment. It would be more interesting to see a poll by geographic region of Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60553089068441887292009-04-15T08:30:00.000-07:002009-04-15T08:30:00.000-07:00Scott: What do you make of the CPI falling again ...Scott: What do you make of the CPI falling again (by a small 0.1%) in March? Is deflation making a comeback or is this just a minor, temporary fluctuation?Billhttps://www.blogger.com/profile/05145490918994594519noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-37422931602478406062009-04-15T08:13:00.000-07:002009-04-15T08:13:00.000-07:00Thanks for the green shoots from the grass roots. ...Thanks for the green shoots from the grass roots. Sure seems like we're putting in a bottom here in more than a few places.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54842800096957495992009-04-14T21:14:00.000-07:002009-04-14T21:14:00.000-07:00Interesting RE stories out of Sacramento:
Median ...Interesting RE stories out of Sacramento:<br /><br />Median sales prices for area homes up in March: <br /><br />http://www.sacbee.com/realestatenews/story/1777870.html<br /><br />Homes for sale in region shrink to 2005 levels: <br /><br />http://www.sacbee.com/realestatenews/story/1777800.html <br /><br />Inventory is 8189 homes vs. 16,262 in August 2007.<br /> <br />Also, Sacramento Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29741362441586030152009-04-14T17:13:00.000-07:002009-04-14T17:13:00.000-07:00Franco: I don't think interest rates will rise unl...Franco: I don't think interest rates will rise unless the economy first picks up. The world is so scared of a global depression that bond investors are quite willing to settle for 3% yields. Once even a small degree of optimism returns, then yields will begin to rise. But that won't shut down the economy; higher yields will be driven by a stronger economy and possibly by rising inflation Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-781062173357701432009-04-14T17:06:00.000-07:002009-04-14T17:06:00.000-07:00Mark: to date your pessimism has been largely rewa...Mark: to date your pessimism has been largely rewarded, but recently you have missed out on some pretty good returns on equities TIPS, high yield and emerging market debt and equities. Just about everything has beaten cash by a mile in the past month. Going forward will tell the tale of course.<br /><br />As I've argued before, it only takes a leveling off of economic activity to make risky Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38578490626599077402009-04-14T16:56:00.000-07:002009-04-14T16:56:00.000-07:00interest rate are at record lows, so rising rates ...interest rate are at record lows, so rising rates and rising unemployment should put an end to the housing problem! c'mon scott. it will overshoot down. probably for a year at least. the trillions will cause 8% mortgages by summer as pessimism falls in the stock market ( and everyone runs from bonds) . this will start the housing prices to accelerate downward.<br /><br />Using that graph anyway Unknownhttps://www.blogger.com/profile/02432231735462856511noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45297428620209115012009-04-14T16:26:00.000-07:002009-04-14T16:26:00.000-07:00Scott,
I dropped by to see your latest posts and w...Scott,<br />I dropped by to see your latest posts and was surprised by what I saw here. I was happy to give you the heads up and honored that you followed through by posting this.<br /><br />I'm not as sanguine about this data as you however and I guess I'm a pessimist by nature. Rents are plummeting across the country and I'm not sure that we should put too much stock in current mortgage rates Mark A. Sadowskihttps://www.blogger.com/profile/13147923641894915172noreply@blogger.com