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That's because the demand was so high there, comparably speaking. That doesn't mena the rest of the state is doing the same though.
Speculative demand based on what the bank was willing to finance normally unqualified buyers circa 2001-2006..... Not demand based on growing wages and jobs. Saratoga and Albany counties are in for a world of hurt.
What's changed? Sales have collapsed, prices are falling.... whats the problem? Reality pricing based on local wages coming to a neighborhood near you.
Prices aren't falling in several areas. This has been displayed several times. Your claims about price have been debunked and when backed into a corner you call people names and accuse them of being used home salesmen.
Prices aren't falling in several areas. This has been displayed several times. Your claims about price have been debunked and when backed into a corner you call people names and accuse them of being used home salesmen.
They are falling everywhere nearly without exception. See for yourself.
Still standing by the realtor mantra aye mate? Denial of price collapse won't change that fact. You will likely have to go back to selling used cars or waiting tables, precisely what you were doing before the absurdly priced housing prices came along. We're well on our way to going back to 1990's prices and all the denial, kicking and dragging won't change it.
By the way, did I mention that prices were down in all counties in NY state with few exceptions, on a year of year basis from 2007 to 2008? You forgot your monocle.
Apparently you are the one who forgot your monocle. By the way: I'm not in any industry even close to real estate or even sales of any kind.
From your link: 33 counties showed negative percent change for 2007-2008. Of that, two of them were under one percent decline.
Downstate counties posting a loss: Queens, Rockland, Kings, Richmond, Suffolk, Westchester, Nassau. Not in the linked list: Manhattan and Bronx counties (which share boundaries with the boroughs of NYC by the same name). So 7 of the 33 aren't even in Upstate; leaving 26 upstate counties posting a loss according to that link.
Note that there are 62 counties in New York State. Downstate is comprised of the nine counties above, therefore that 62-9=53 counties comprise upstate. This means that 27 of 53 counties are your "few exceptions."
Notwithstanding, you're changing your tune again. First it was all, now it's "with a few exceptions" which amount to a hair over 50% of upstate counties, two of which (Onondaga and Saratoga) experienced less than 1% decline (which is fairly negligible).
Apparently you are the one who forgot your monocle. By the way: I'm not in any industry even close to real estate or even sales of any kind.
From your link: 33 counties showed negative percent change for 2007-2008. Of that, two of them were under one percent decline.
Downstate counties posting a loss: Queens, Rockland, Kings, Richmond, Suffolk, Westchester, Nassau. Not in the linked list: Manhattan and Bronx counties (which share boundaries with the boroughs of NYC by the same name). So 7 of the 33 aren't even in Upstate; leaving 26 upstate counties posting a loss according to that link.
Note that there are 62 counties in New York State. Downstate is comprised of the nine counties above, therefore that 62-9=53 counties comprise upstate. This means that 27 of 53 counties are your "few exceptions."
Notwithstanding, you're changing your tune again. First it was all, now it's "with a few exceptions" which amount to a hair over 50% of upstate counties, two of which (Onondaga and Saratoga) experienced less than 1% decline (which is fairly negligible).
The collapse just began so enjoy the ride. All the denial and backpedalling won't change whats in front of us.
Either that or hes proud of it. I still don't see where hes going with this. He stated the facts, we read it, end of story (for some of us). He has given information but not helped us one bit.
Last edited by cheese9988; 04-16-2009 at 06:21 PM..
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