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

To: Giordano Bruno who wrote (123607)	5/16/2008 6:50:57 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

San Diego...April housing construction news positive 224 permits issued countywide; in March it was 17 signonsandiego.com Two positive signals in the housing industry – higher construction permits and improved builder confidence – suggested yesterday that the market is not moving inexorably in a downward direction. Graphic: San Diego County building permits Local agencies in San Diego County authorized 484 housing units in April, up from only 193 in March, according to the Construction Industry Research Board. It marked the largest one-month total since July and only the sixth time in 20 years of record keeping that April was ahead of March.

To: Giordano Bruno who wrote (123607)	5/16/2008 6:52:34 PM
From: Jim McMannis	Respond to of 306849

National Realtors group gropes for bargains in Bismarck blogs.tampabay.com Industry groups have the right - nay the duty - to promote their members. But sometimes the search for golden nuggets among the dross goes to extremes. Take the National Association of Realtors report that came out this week touting housing success stories. It praised rising condo markets in such locales as Bismarck, N.D., and New Orleans. Winter wheat and Katrina clean-up: We're not talking Key Biscayne here. The report also played up bargains in the Rust Belt. Anyone for Youngstown, Ohio, Decatur, Ill, and Saginaw, Mich? One of "success stories" stuck in my craw for personal reasons. NAR praised Elmira, N.Y. for its 10 percent home price rise the past year. It was the second biggest price jump in the whole Northeast. That happens to be my hometown. Family and friends live there. Let's make one thing clear: The rise is misleading statistical bunk.