When only 3% of the population can afford the median cost of a home, and buying continues, theres only one explaination: Mass delusion,...
You call $1M+ the higher end in san diego? Thats a 2700 sq foot track home in carmel valley that you could spit on your neighbors roof on from...
Average rent increase is 6% since 2004. Thats lower than inflation. Whoooopiiieee. Rents arent going anywhere because salaries are flat and...
Rents will not go up to match mortgage payments in san diego. Home prices will drop to close the gap. Take a look at this graph of rental...
Those ma's are worthless.
Fooled by randomness, just like most players in the markets. Seeing patterns that also occur in random data sets.
Dont expect them to fix anything. I had an even more blatant error several months ago. My system put in a market order for 2000 shares of a...
A Toyota Camry may be more domestic, but it will still out last a Ford, simply because of the japanese design/engineering and incremental...
When to exit should be part of your written trading plan too. I could give another trader my very best trading system, but not tell him when to...
This article doesnt even require a counter argument, since its not even an argument at all. Nothing more than assertion after assertion after...
Its worse than that. Most people here have purchased an item, in an over priced market, at 14X their gross salary, with no hedging, and put 0...
I said if im lucky ill catch the bottom of a ***panic*** in 2-3 years. I consider 2-3 years too short, thats why I used the word panic. I...
Stopped by a nice house in hot Carmel Vallery during lunch. 2300 square feet, 4 bedroom, 3.5 bath. Now get this. Price has been reduced...
I love it when people try to convince themselves that the auto-traders cant and are not doing as well or better than the discretionary traders....
2007 will be a scary year. "This year, more than $300 billion worth of hybrid ARMs will readjust for the first time. That number will jump to...
The hot oil market has Houston ripping up again! The cycle repeats. 1.2 million dollar median price in one area :eek:...
Holy crap!!! They are going to end up like Houston in the 80's when they over built and housing crashed after the oil problems. Some lucky...
Check this out. $861,759 average cost of new detached home in san diego. 5.99% - current 5/1 RM mortgage rate $0 - amount of money put down...
Another must read from the San Diego Housing Commission: http://www.sdhc.net/giaboutus2.shtml Some highlights: To afford a median-priced...
It seems in the last 2-3 years, everyone decided to become a realtor to "get rich". Just like when everyone tried to become a day trader for easy...
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