Case-Shiller: Beware the Head Fake
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday: The bloodletting may not be over. Here’s…
There was some reason to take comfort about yesterday’s data from the Case-Shiller Index—the rate of price declines slowed for the third straight month nationally. But before you break out the champagne and check books, get a dose of what the Wall Street Journal had to say yesterday:
The bloodletting may not be over. Here’s why: If price declines accelerate for the mid-to-upper end of the housing market, then that could generate enough large declines in values—even among a small segment of the overall housing market—to push the index lower still.
Meanwhile, here in New York (where there’s plenty of “mid-to-upper” properties) housing prices ticked down another 1.6 percent in April for a total of 21 percent off the June 2008 high, as the chart above shows.
lechacal…all the others are now busily googling “Nash Equilibrium.” ROTFLMMFAO.
“Good afternoon, 1121[chapter 7]! Hurry up! Vaseline is selling out!”
11217 love chicken grease..
The What (4 people LMMFAO)
Someday this war is gonna end…
BHO What’s happening Bruh! Hey we starting Hedge Fund, you want in?
“You got ratpacked today! There’s nothing left for me!”
He got PWNED HARD! Like D-Block style!
The What
Someday this war is gonna end…
Posted by: Return of The What at July 1, 2009 2:38 PM
ROTFLMMFAO…such ghetto talk. And Whuh think’s I’m ghetto??????????
Yes I have met dibs at one of the Brownstoner events. I have not, on the other hand, met any of the individuals who have asked whether or not dibs exists.
Is the predictable degradation of this thread an example of the Nash Equilibrium? Discuss.
BHO comes in to give his uncle, the What, a reach around when What couldn’t hold up his end anymore!!! ROTFLMMFAO.
cornerbodega will be here as soon as he can change his login.
BHO What’s happening Bruh! Hey we starting Hedge Fund, you want in?
“You got ratpacked today! There’s nothing left for me!”
He got PWNED HARD! Like D-Block style!
What, BHO, brickoven, cornerbodega that’s the Ghetto Hedge Fund LLC!
The What
Someday this war is gonna end…
Good afternoon, 1121[chapter 7]! Hurry up! Vaseline is selling out!
***Bid half off peak comps***
joe, I have met both DIBS and etson and both are really good guys and very knowledgeable. When I started posting here, I said that I am in the team undecided (middle). Even though I own a place and would love to root for team Bull but leaning more with team Bear. I never really got into heated discussions about indicators of Real Estate for NYC but enjoy reading both sides’ reasoning and forming my own opinions.
D. Doesn’t take Brownstoner as seriously as others and writes whatever he feels like it because he’s basically trying to have a conversation with people who clearly rode and continue to ride the short bus (What, BHO, brickoven, cornholedbodega and others).