tag:blogger.com,1999:blog-6616959642391988608.post179387266688956740..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Housing prices updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-1014854233242263632011-11-19T05:01:01.975-08:002011-11-19T05:01:01.975-08:00Finance rates could rise if the economy is strengt...Finance rates could rise if the economy is strengthening and / or inflation were to rise, which would mean a greater demand for housing. In addition, strong demand for housing in the next few years also likely collision with the lack of new housing, creating intense pressure on prices to rise in housing.<br /><a href="http://www.mitchellhomesinc.com/" rel="nofollow">build on your own lot</a>ChalmersAbramshttps://www.blogger.com/profile/14156695400282604539noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81894427500397638742011-07-02T17:59:42.141-07:002011-07-02T17:59:42.141-07:00Bill,
Thanks for the comment. I saw Harry Dent t...Bill,<br /><br />Thanks for the comment. I saw Harry Dent talking about a coming demographic winter and since then I've been trying to understand demographic trends. I think Dent is a bit alarmist, but he did get me thinking about things. His point was that as baby boomers age and start moving into apartments or senior communities there will be a glut of single family homes growing in the Toddhttps://www.blogger.com/profile/09427325914333815764noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62992100809064395072011-06-29T14:09:41.398-07:002011-06-29T14:09:41.398-07:00I think it's all about affordability and valua...I think it's all about affordability and valuation - assuming stable inflation. I doubt that either of these will be getting much more attractive.TradingStrategyLetter - Weekly Summaryhttps://www.blogger.com/profile/06430136667577107255noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-8053855260746001502011-06-29T10:35:33.716-07:002011-06-29T10:35:33.716-07:00Todd,
I've read some demographic reports whic...Todd,<br /><br />I've read some demographic reports which suggest we could be in for a housing boom around 2015 as the next generation moves out of their parents' homes and needs housing of their own. It may be more multi-family than single family housing that leads the way, but I think it will eventually turn. Consruction spending was above trend about $300 billion prior to the crash.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82916665564663311072011-06-29T06:02:17.481-07:002011-06-29T06:02:17.481-07:00The bottoming process in real estate is clear. Pr...The bottoming process in real estate is clear. Price action remains choppy and sentiment is highly skeptical. Starts are highly irregular, allowing for absorption of inventory. Localized areas, like Las Vegas, Arizona, and Florida, will remain stressed.KWMhttps://www.blogger.com/profile/04930384538885994803noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-71269311301499412562011-06-29T04:42:25.866-07:002011-06-29T04:42:25.866-07:00Scott,
Do you think long term demographic trends ...Scott,<br /><br />Do you think long term demographic trends are already accounted for in home prices. With baby boomers retiring and selling homes and fewer new families due to declining birth rates, is real estate a good long term investment?<br /><br />Thanks,<br />ToddToddhttps://www.blogger.com/profile/09427325914333815764noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74206174850200202892011-06-28T11:34:18.675-07:002011-06-28T11:34:18.675-07:00I don't know scott, eventually the bottom will...I don't know scott, eventually the bottom will be hit. However, one very serious problem is that Government today accounts for nearly 80% of all new mortgages. Private sector has no appetite.<br /><br />As for the foreclosure stats, by Brodero, please. Banks have stopped foreclosing because they cannot get lawyers to perjure themselves anymore with Robosigning documentation.<br /><br />At Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-58721854334267851372011-06-28T10:58:24.979-07:002011-06-28T10:58:24.979-07:00Buying opportunity of a life time!Buying opportunity of a life time!TradingStrategyLetter - Weekly Summaryhttps://www.blogger.com/profile/06430136667577107255noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55857344502310395942011-06-28T10:54:35.613-07:002011-06-28T10:54:35.613-07:00Some time back, Grannis asked if his readers would...Some time back, Grannis asked if his readers would support Ron Paul. I like much about Ron Paul.<br /><br />However...<br /><br />"Ron Paul worries Fort Knox gold is gone<br /><br /><br />Ron Paul introduced a bill that would require the Fed to manually audit every U.S.-owned gold bar.<br /><br />WASHINGTON (CNNMoney) -- With the price of gold at record highs, presidential candidate Rep. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32965716008676970662011-06-28T09:38:25.898-07:002011-06-28T09:38:25.898-07:00Anecdotal evidence... in my zip
code there were 43...Anecdotal evidence... in my zip<br />code there were 43 foreclosed homes for sale on February 14th today there are 18. In the dreaded<br />89031 (North Las Vegas) there was 3,219 foreclosed homes for sale on<br />February 14th...today there are 2,518.broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1052668083014202132011-06-28T09:05:56.248-07:002011-06-28T09:05:56.248-07:00All of these charts suggest deflation, not inflati...All of these charts suggest deflation, not inflation. <br /><br />If there is impending inflation, it sure is not showing up in real estate prices.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com