Comments on: To buy or not to buy… http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/ Tracking the Arcadia and San Gabriel Valley Housing Market Sat, 13 Mar 2010 20:20:44 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: SavedbyGrace http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/comment-page-1/#comment-216 SavedbyGrace Sun, 17 Feb 2008 05:07:14 +0000 http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/#comment-216 Renter - It's difficult to comment on the probability of what the market will do. It's easy to track the local rental market, but it's also fairly time consuming. You make a good point about falling rents and I won't be surprised when/if that happens. Welcome to the blog :) Glad to have some SGVers on board. Renter – It’s difficult to comment on the probability of what the market will do. It’s easy to track the local rental market, but it’s also fairly time consuming. You make a good point about falling rents and I won’t be surprised when/if that happens.

Welcome to the blog :) Glad to have some SGVers on board.

]]> By: renter http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/comment-page-1/#comment-215 renter Sun, 17 Feb 2008 04:45:38 +0000 http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/#comment-215 I agree with your analysis of the properties with the exception of the assumption of static rents. I think one scenario is for rents to fall as well, which would drive prices even lower. I wish I had a way of putting probabilities to that scenario. Otherwise, I'm glad to see a local blogger focusing on the ridiculousness of the san gabriel valley. I agree with your analysis of the properties with the exception of the assumption of static rents. I think one scenario is for rents to fall as well, which would drive prices even lower. I wish I had a way of putting probabilities to that scenario. Otherwise, I’m glad to see a local blogger focusing on the ridiculousness of the san gabriel valley.

]]> By: Arcadia Housing Blog: To Buy or Rent? | The Foothill Cities Blog http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/comment-page-1/#comment-188 Arcadia Housing Blog: To Buy or Rent? | The Foothill Cities Blog Fri, 15 Feb 2008 18:45:55 +0000 http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/#comment-188 [...] or rent in Arcadia? Here’s the calculus you should be using. That is, if you believe everything blogs [...] [...] or rent in Arcadia? Here’s the calculus you should be using. That is, if you believe everything blogs [...]

]]> By: SavedbyGrace http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/comment-page-1/#comment-187 SavedbyGrace Fri, 15 Feb 2008 17:40:55 +0000 http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/#comment-187 Housing prices haven't dropped in the same magnitude as that of the IE, but it has begun to move. Volume always preceeds price in RE decline and LA Times reported that the LA County sales have dropped 50%. The larger price reductions are right around the corner. http://latimesblogs.latimes.com/laland/2008/02/collapse-la-hou.html?ref=patrick.net Traditionally, IE housing falls earlier, faster and steeper than say LA or OC because of its location. This is consistent with the previous bubbles as well. Welcome to the blog, Avenger. Good to see some local Arcadians on the site :) Housing prices haven’t dropped in the same magnitude as that of the IE, but it has begun to move. Volume always preceeds price in RE decline and LA Times reported that the LA County sales have dropped 50%. The larger price reductions are right around the corner.

http://latimesblogs.latimes.com/laland/2008/02/collapse-la-hou.html?ref=patrick.net

Traditionally, IE housing falls earlier, faster and steeper than say LA or OC because of its location. This is consistent with the previous bubbles as well.

Welcome to the blog, Avenger. Good to see some local Arcadians on the site :)

]]> By: Avenger http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/comment-page-1/#comment-184 Avenger Fri, 15 Feb 2008 17:10:22 +0000 http://www.arcadiahousingblog.com/2008/02/15/to-buy-or-not-to-buy/#comment-184 Good analysis, I live in Arcadia as well and the housing price hasn't drop like the Inland Empire and the OC. Good analysis, I live in Arcadia as well and the housing price hasn’t drop like the Inland Empire and the OC.

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