tag:blogger.com,1999:blog-6616959642391988608.post6886524098760174035..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: No improvement so far in housing pricesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-10130620598309591572010-12-29T17:24:22.204-08:002010-12-29T17:24:22.204-08:00good grief. can't you just use the word "...good grief. can't you just use the word "bad"septizoniomhttps://www.blogger.com/profile/14253705209662419429noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32635045681165665002010-12-29T11:02:35.214-08:002010-12-29T11:02:35.214-08:00Dr McKibben--
You have predicted runaway inflatio...Dr McKibben--<br /><br />You have predicted runaway inflation soon. Will that runaway inflation extend to housing prices?<br /><br />Thus, should you not buy a house?Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13505132019518289962010-12-29T10:01:34.387-08:002010-12-29T10:01:34.387-08:00No improvement in housing prices, indeed...No improvement in housing prices, indeed...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45016111933928405552010-12-29T09:15:13.331-08:002010-12-29T09:15:13.331-08:00Brodero--interesting ststs you provide. I hope for...Brodero--interesting ststs you provide. I hope for a better housing market and soon.<br /><br />Housing is a lot cheaper than the peak, a lot cheaper than almost any recent period. Huge deflation in housing costs. <br /><br />If I wasn't maxed out in other investments, I would buy housing. You can leverage, deduct interest payments, wait for the rise. Just saw a deal in Hollywood Hills, Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67384190221722186872010-12-29T03:42:37.250-08:002010-12-29T03:42:37.250-08:00One piece of housing data that hasn't got a lo...One piece of housing data that hasn't got a lot of notice is the mortgage delinquency rate...It was<br />4.4% in June 2006...5.82% in December 2007....peaked in January<br />2010 at 10.97% and today ( November<br />2010....9.02%broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55437861398387104622010-12-29T01:30:26.113-08:002010-12-29T01:30:26.113-08:00Median New Home Price Jan 2000 166,800 ( 3 month a...Median New Home Price Jan 2000 166,800 ( 3 month average)<br /> <br /> Average wage per nonfarm employee Jan 2000 36,158<br /> <br />Median New Home Price Nov 2010 213,200 ( 3 month average)<br /> <br /> Average wage per nonfarm employee Nov 2010 49,739<br /> <br /> <br /> <br /> Median New Home price % increase Jan 2000 to Nov 2010 .....27.8%<br /> <br /> Average wage per broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84911424635443011212010-12-29T00:25:38.584-08:002010-12-29T00:25:38.584-08:00I have said this before...I consider the Case Shil...I have said this before...I consider the Case Shiller 20 a flawed metric....Houston and Philadelphia have the same number of mortgages as Miami, Phoenix and<br />Las Vegas combined but the negative equity mortgages for Houston and Philadelphia are 12% and 7% respectively while Miami,<br />Phoenix and Las Vegas have 48%,54% and 71% respectively.....a decidedly uneven picture of our national broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.com