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Old 01-25-2011, 09:38 PM   #1
Ought Six
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Arrow Real estate market 'double dip' has arrived

http://www.latimes.com/entertainment...,4931371.story
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Old 01-25-2011, 10:22 PM   #2
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In some markets, not all. Some areas are actually appreciating. I look at Case / Shiller data for my county daily, and their analysis is WAY off.
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Old 01-26-2011, 06:38 PM   #3
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I am cautiously optimistic about the SF Bay Area for 2011. As long as the tech sector keeps doing relatively well, at least. Things are downright frothy at the moment for valuations of early to mid-stage private tech companies.
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Old 01-26-2011, 07:06 PM   #4
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It seems the market liked the "good news" on housing starts this morning.

Homebuilders are up big. (Sigh, I sold off some profitable positions yesterday in the thinking that it would be less well received.)

No loss..,
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Old 01-26-2011, 08:41 PM   #5
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There were only 147 starts last year in my county. Good thing too: there is a lot of inventory still to be absorbed.
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Old 01-27-2011, 11:45 AM   #6
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And they're...,

DOWN again..,

Yo-yo time.

Pushed around by the news. DRHorton??
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Old 01-27-2011, 12:20 PM   #7
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Cramer had some interesting remarks about the Housing Market yersterday on CNBC.

Punditry has fallen into the pattern of Lysenkoism.

http://en.wikipedia.org/wiki/Lysenkoism

"Stalinist housing numbers!"

He prefers to use "non-polemic, non-partyline, non punditocratic" analysis of the market. To him the market "looks stable," and "the housing market bottomed out last year.

Interesting..,

I've been seeing fairly steady stable recovery in many housing stocks. (Day to day blips aside..,)
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