tag:blogger.com,1999:blog-13164186.post538696698426402452..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: 'Severe' weaknesses for Fannie and FreddieDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-13164186.post-17604794016599933862009-08-03T13:08:35.660-04:002009-08-03T13:08:35.660-04:00One thing is for sure¨even though prices are falli...One thing is for sure¨even though prices are falling PWC or Montgomery, I believe that in a year from now they are going to be back to normal therefore, to buy a property here is great idea since it will give you the chance of buying cheap to then sell at a higher price, if that is what you are looking to doCosta Rica Real Estatehttp://www.cccostarica.com/noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-65262601188109404922009-05-21T08:57:02.836-04:002009-05-21T08:57:02.836-04:00"I explained what precipitous property value decli..."I explained what precipitous property value declines do to municipal budgets, and what budget declines do to municipal services (roads, schools, etc.) That's what I mean by "getting hammered"<br /><br />Got it - thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-70505826575208647782009-05-20T23:30:43.774-04:002009-05-20T23:30:43.774-04:00"Anonymous"#1 see James' post. I was correct for ..."Anonymous"#1 see James' post. I was correct for at least some time I see. He re-enabled it on a as needed basis.<br /><br />1500-2500 page loads per day is a good number.<br /><br />Thanks James for backing me up, keep up the good work.ssfinkhttps://www.blogger.com/profile/08018374481409642468noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-4268371562088743762009-05-20T22:02:27.643-04:002009-05-20T22:02:27.643-04:00"Has anyone else noticed that Prince William count..."Has anyone else noticed that Prince William county continues to get hammered?"<br /><br /><br />For PWC, April 2009 vs April 2008 YoY:<br /><br />Dollar volume down -15%<br />Average sold price down -27%<br />Median sold price down -33% (!)<br />Total units sold up +16%<br />Average days on market down -34% (!)<br /><br />Those are some pretty tough numbers for the "Spring Selling Season".<br /><br />I explained what precipitous property value declines do to municipal budgets, and what budget declines do to municipal services (roads, schools, etc.) That's what I mean by "getting hammered"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-59679734341454500422009-05-20T20:16:29.685-04:002009-05-20T20:16:29.685-04:00"Well, I think that might be a bit of an exaggerat..."Well, I think that might be a bit of an exaggeration :)"<br /><br />yeah I get that way when Im extremely excited. I cant wait to buy a home next year or the year after.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-53927117418298353032009-05-20T20:10:57.226-04:002009-05-20T20:10:57.226-04:00"Nobody has bought a thing in MoCo for about 2 yea..."Nobody has bought a thing in MoCo for about 2 years."<br /><br />Well, I think that might be a bit of an exaggeration :), but it's true that MoCo has been a little behind the curve in their price correction, but they are now starting to catch up in a big way.Olivehttps://www.blogger.com/profile/14451435392669563296noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-40773559168606375312009-05-20T19:13:54.939-04:002009-05-20T19:13:54.939-04:00"Could you provide a link or specify what is happe..."Could you provide a link or specify what is happening?"<br /><br />sure...Nobody has bought a thing in MoCo for about 2 years. Prices just started tanking again starting last month. They seems to stop tanking for 2 months there, but now they are back on track for correction.<br /><br />http://www.recharts.com/mris/mris_4.html<br /><br />http://realestate.yahoo.com/Maryland/Rockville<br /><br />http://realestate.yahoo.com/Maryland/Potomac<br /><br />http://realestate.yahoo.com/Maryland/GaithersburgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-65121278068912870422009-05-20T18:45:03.610-04:002009-05-20T18:45:03.610-04:00Anonymous said...
"montgomery county just sta...Anonymous said...<br /><br /> "montgomery county just started tanking too. I hope it tanks back to normal prices. I would like to buy one day."<br /><br />Could you provide a link or specify what is happening?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-39577358105519061972009-05-20T18:32:29.864-04:002009-05-20T18:32:29.864-04:00I read every night and have for a LONG time. Bubb...I read every night and have for a LONG time. Bubble Meter often highlights the most important item of the day as it relates to housing, and I appreciate the fine work!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-53184865786447758802009-05-20T15:19:26.151-04:002009-05-20T15:19:26.151-04:00ssfink said...
"Also, there used to be a lot more ...ssfink said...<br />"Also, there used to be a lot more posts but the moderator wisely eliminated the ability for Anonymous comments."<br /><br />The conversation seems to grind to a halt when anonymous comments are disabled, so I am selectively disabling anonymous comments. If I post something that I suspect will result in a flame war, I temporarily disable anonymous comments. If I notice a flame war starting, the anonymous commenters will get shut out.<br /><br />I don't know how many unique visitors Bubble Meter gets, but last summer and fall I measured roughly 1500-2500 page loads per day.Jameshttps://www.blogger.com/profile/15243567377599238583noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-89067746834702346432009-05-20T12:31:41.761-04:002009-05-20T12:31:41.761-04:00"I doubt this is good for Fannie and Freddie's fin..."I doubt this is good for Fannie and Freddie's financial health in the long run."<br /><br />they died long ago.<br /><br />once these servicers stop receiving the reanimating handout and collapse, everyone will get their house for free with unintended hilarious consequences. sounds like a Disney movie.Supernintendo Chalmersnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-16916514479356790392009-05-20T11:16:46.442-04:002009-05-20T11:16:46.442-04:00"Has anyone else noticed that Prince William count..."Has anyone else noticed that Prince William county continues to get hammered? Check the stats at www.mris.com"<br /><br />What do you mean. If getting hammered means, prices are still coming down, maybe not. Look at the second chart (prices) - they have quit falling and gone flat for 5 months straight.<br /><br />http://www.recharts.com/mris/mris_9.html<br /><br />If "getting hammered" means prices are way down and not coming back, I agree. certain segments where homes arent selling (i.e. high end) are going to have problems and will have to drop prices. However, I dont see anything here to indicate median drops any further.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-31927142378792574682009-05-20T07:50:41.968-04:002009-05-20T07:50:41.968-04:00montgomery county just started tanking too. I hope...montgomery county just started tanking too. I hope it tanks back to normal prices. I would like to buy one day.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-88173008618143486102009-05-20T07:41:18.646-04:002009-05-20T07:41:18.646-04:00Has anyone else noticed that Prince William county...Has anyone else noticed that Prince William county continues to get hammered? Check the stats at www.mris.com<br /><br />PWC is not coming back. The vicious cycle of declining property values, declining tax revenues, and declining municipal services (which contributes to declining property values) is well under way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-56443449886236068432009-05-20T07:36:27.054-04:002009-05-20T07:36:27.054-04:00"the moderator wisely eliminated the ability for A..."the moderator wisely eliminated the ability for Anonymous comments."<br /><br />That is incorrect.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-74585044954177211142009-05-19T23:48:59.768-04:002009-05-19T23:48:59.768-04:00unhommerchant, I do not understand your motivation...unhommerchant, I do not understand your motivation for that comment.<br /><br />I read this blog nightly and rarely post. if you look at big name rags, the amount of comments really only reflect flame wars, petty bickering and people with nothing better to do than slam the paper or author. Who has that much time and energy to engage in that? (couch potato's?) <br /><br />The reason you dont see too many comment is that it is quite possible that the audience here is a bit more mature and professional, just my guess.<br /><br />Also, there used to be a lot more posts but the moderator wisely eliminated the ability for Anonymous comments.ssfinkhttps://www.blogger.com/profile/08018374481409642468noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-13288190254427121162009-05-19T20:15:01.746-04:002009-05-19T20:15:01.746-04:00From the very few comments you can conclude that v...From the very few comments you can conclude that very, very few are reading this blog!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-74795035177131237642009-05-19T16:56:00.000-04:002009-05-19T16:56:00.000-04:00I think the real story here is the 73% number.(Rea...I think the real story here is the 73% number.(Real Banks) that understand what a mortgage actually is, don't want to play the game just yet..Side note, this is a first class blog filled with solid reading and charts, MORE CHARTS PLEASE. I wish I found it sooner.Bill Martin for E.O.Shttps://www.blogger.com/profile/00362449613816394220noreply@blogger.com