Comments on: ITulip: Animation of Housing Bubble http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/ How I Learned to Love Southern California and Forget the Housing Bubble Sat, 31 Jul 2010 22:55:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kathryn http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/comment-page-1/#comment-38514 Kathryn Thu, 13 Aug 2009 04:08:01 +0000 http://www.doctorhousingbubble.com/?p=8#comment-38514 I like the iTulip diagram. I used to sell RE in the Berkeley-Oakland area. In the late 80's the best neighborhoods shot up like a rocket, but I noticed expanding waves of appreciation surrounding them, to the point where it was predictable. I like the iTulip diagram. I used to sell RE in the Berkeley-Oakland area. In the late 80’s the best neighborhoods shot up like a rocket, but I noticed expanding waves of appreciation surrounding them, to the point where it was predictable.

]]> By: jojo http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/comment-page-1/#comment-1065 jojo Mon, 18 Jun 2007 17:03:00 +0000 http://www.doctorhousingbubble.com/?p=8#comment-1065 Coastal and upper end markets still doing reasonably well. Inventory up , but market is clearing at decent prices . Anecdotal evidence that you can sell/buy at 5-7% less than a reasonable list; better feelings move within 30-45 days<br/><br/>These markets always crash last and recover first <br/><br/>http://www.latimes.com/classified/realestate/news/la-re-hotcold17jun17,0,7430066.story?coll=la-class-realestate-news Coastal and upper end markets still doing reasonably well. Inventory up , but market is clearing at decent prices . Anecdotal evidence that you can sell/buy at 5-7% less than a reasonable list; better feelings move within 30-45 days

These markets always crash last and recover first

http://www.latimes.com/classified/realestate/news/la-re-hotcold17jun17,0,7430066.story?coll=la-class-realestate-news

]]> By: Dr Housing Bubble http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/comment-page-1/#comment-9 Dr Housing Bubble Thu, 12 Oct 2006 16:40:00 +0000 http://www.doctorhousingbubble.com/?p=8#comment-9 Thanks OC_Fliptrack!<br/><br/>I've linked you from this page. I've also taken your suggestion and added Google analytics to the page.<br/><br/>In regards to Orange County, I feel that we are 6 months to 1 year behind San Diego in terms of trending down. Either way, many markets are turning south fast including:<br/><br/>Florida<br/>Phoneix (now negative YoY)<br/>San Diego (a few months negative YoY)<br/><br/>The massive number changes are occurring with sales DECREASES. We are talking about 30 to 40 percent in top markets only from last year. Thanks OC_Fliptrack!

I’ve linked you from this page. I’ve also taken your suggestion and added Google analytics to the page.

In regards to Orange County, I feel that we are 6 months to 1 year behind San Diego in terms of trending down. Either way, many markets are turning south fast including:

Florida
Phoneix (now negative YoY)
San Diego (a few months negative YoY)

The massive number changes are occurring with sales DECREASES. We are talking about 30 to 40 percent in top markets only from last year.

]]> By: oc_fliptrack http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/comment-page-1/#comment-6 oc_fliptrack Thu, 12 Oct 2006 03:27:00 +0000 http://www.doctorhousingbubble.com/?p=8#comment-6 Linked from OC_fliptrack...<br/><br/>Check out Google Analytics. Seeing the daily page counts is good encouragement to continue blogging. It lets you know that someone actually cares. :)<br/><br/>Welcome to the BubbleSphere! Linked from OC_fliptrack…

Check out Google Analytics. Seeing the daily page counts is good encouragement to continue blogging. It lets you know that someone actually cares. :)

Welcome to the BubbleSphere!

]]> By: Dr Housing Bubble http://www.doctorhousingbubble.com/itulip-animation-of-housing-bubble/comment-page-1/#comment-5 Dr Housing Bubble Wed, 11 Oct 2006 15:49:00 +0000 http://www.doctorhousingbubble.com/?p=8#comment-5 That is always the case that certain enclaves will hold their value because they carry a prestige factor. But currently in Southern California places like Compton and Watts have seen the same appreciation as Santa Monica on a percentage basis. For example:<br/><br/>Compton in the end of 2005: $325,000 Median<br/>August 2006: $404,000 Median<br/><br/>An increase of 25% in one year. The only reason I point toward this example is that in Southern California there are spill over effects. Many homes in these areas were purchased by investors as flip units since there is not way rents in these poorer areas will cover the PITI or make the investment positive cash flow. <br/><br/>Not sure how this plays out in New York but there are hundreds of cities in multiple counties all clustered in Southern California in about a 75 mile radius. Thus bust will hit the highest and lowest priced areas hardest while middle class neighborhoods may hold up a little bit longer. That is always the case that certain enclaves will hold their value because they carry a prestige factor. But currently in Southern California places like Compton and Watts have seen the same appreciation as Santa Monica on a percentage basis. For example:

Compton in the end of 2005: $325,000 Median
August 2006: $404,000 Median

An increase of 25% in one year. The only reason I point toward this example is that in Southern California there are spill over effects. Many homes in these areas were purchased by investors as flip units since there is not way rents in these poorer areas will cover the PITI or make the investment positive cash flow.

Not sure how this plays out in New York but there are hundreds of cities in multiple counties all clustered in Southern California in about a 75 mile radius. Thus bust will hit the highest and lowest priced areas hardest while middle class neighborhoods may hold up a little bit longer.

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