January 28, 2007

What a housing crash looks like: Here's a few charts from crashing hard Sacramento (c/o excellent Sac Landing blog)


Suzaaaaaaaaannnnnnnnnnnnnnnnneeeeeeeeeeeeeee!!!!!!!!!!!!!!!!

5 comments:

Anonymous said...

CA will be a bad unwinding, but what about Florida? There have already been several auctions, and that's the last resort. Further, realtors are refusing to send in data for their areas.

Anonymous said...

Real estate never goes down! It's always a great time to buy! We've hit bottom! Suzanne researched it!

Anonymous said...

Buy now or be priced out forever. come 2008 prices will be going up 30% a year. I just bought a place paid 750.000.00, and come summer I will filp it for 925.000.00, someone will pay that, because of good feel, then he might flip it for who knows maybe 2 mil. in 5 years. The real story here is this site is so crony, reason one is it could be the same person post after post with the anonymous. duh

foxwoodlief said...

Gosh and gold never goes down? Or silver? Or oil? I saw a historic silver chart that showed the price in todays dollars for silver in 1025a.d. and it was $4,000 an ounce! What is it now?

Anonymous said...

The CA market seems to have hit rock bottom. I think 2008 will see higher prices- my pet theory, when 100 analysts predict doom (as we see today), get in the market.

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