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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (59703)8/10/2006 10:50:14 PM
From: ildRead Replies (1) | Respond to of 306849
 
<<<The media is very good at reporting anecdotes>>>

When I saw this idorfman.com
I thought the top was in, so I saved it

also this:
remember this little old shack by the freeway sold for $600,000?
idorfman.com
maps.google.com

although according to dqnews the OC median price was $646,000 in June 2006, so the top wasn't in 2005
dqnews.com



To: CalculatedRisk who wrote (59703)8/11/2006 11:57:29 AM
From: John VosillaRespond to of 306849
 
'The questions for the housing market now are: how far? how fast? What will be the impact on the economy?'

Robert Campbell in San Diego wrote 'Timing the RE market'. In your area of the main factors he follows new home permits flashed red in August 1989 and went positive in November 1993. New foreclosure filings flashed red March 1990 and went positive February 1994. Existing home sales flashed red March 1990 and went positive October 1994.

Remember last fall when together you and I got the first scoop on the condo market really turning in a major definite way? We'll figure this part of the puzzle out too<g>