Triple Negative
For those interested in more than just the median price, the Sacramento Real Estate Blog has some additional metrics based on MLS data. Here's a summary:
Change in price between July 2005 and July 2006 (Sacramento County):
- Median Price: -4.5%
- Price Per Square Foot: -3.4%
- Average Price: -0.3%
8 comments:
Triple Negative? Is this like when Chris Webber used to get a triple double? Only not?
"Bitter" is an understatement. He wasn't so snide about news coverage and interest back when all the news was "buy now! buy now! prices will go up forever!" That wasn't hysteria, oh no sirree!
Yeah, those of us who didn't drink the Kool-Aid are enjoying seeing the comeuppance of everyone who said we were "bitter renters," fools for not getting on the equity-stripping bandwagon, etc. So? It doesn't make us less right.
May I go slap him for the "go tell wifey" remark? Chez moi, I'm wifey, and I do the economic analysis, thankyouverymuch.
Guess he can go work at McDonalds!
Bitter?
Depressed?
Defeated?
At least 25% of the Realtors in Sacramento are unemployed, but they just can't admit it yet.
"Wow the poster on that blog sounded a little bitter."
Yeah, that guy used to be so cocky. He's gone from "bubblers are psychopaths", to "hey guys, nobody has a crystal ball" to "I'm so abused by this following of naysayers I somehow pissed off."
But enough about THEIR feelings.
How are WE* feeling?
http://tinyurl.com/kae2f
*Sold this Spring, cash in the bank, no debt. As I furiously emptied and staged my house, friends said "You're freaking out, man. Why the panicky rush?"
Why indeed.
Yoda would say, "A crazy ride, this cycle was."
"Bitter is an understatement"?
You want to slap me, drwende? Is that all? Oh, no, my premise about people being entertained by violence must be way off base.
Well, this is a fun group, isn't it?
So, what is it you're defending with your ad hominems against me, exactly? You think it's a good thing that people are impressed by bloodshed, or are you saying that all the hype about the real estate bubble that you people are writing books about and trying to make a living off of one way or the other isn't an example of that?
Wow, Anonymous thinks I can go work at McDonalds! Oh my gosh, some Internet loser who won't even post his own name has a career plan mapped out for me -- hey, I better tailspin into a depression over that one!
I used to be so cocky? I was? Hmm, I don't ever remember that. What I remember was posting pretty even-handedly about the market, and a parade of people just like you jumping in my #### at every opportunity.
Hey, now you're doing it on other people's web sites. Cool, more traffic for Johnnie.
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