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Reload this Page A history of home values - with a projection (housing, state, California)
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Old 05-17-2012, 02:20 PM
 
Location: Whittier, CA
494 posts, read 1,914,731 times
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The area in red is a future projection of the declines that have not yet happened.

100 is the baseline, the correction could also exceed the baseline on the way down. The current value is 115-120 or so (Extrapolated to 2012 from the chart), so I am guessing a 15% decline nationally from here and probably 20-25% decline in super-frothy areas like Southern California.

This is of course merely my opinion!
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Old 05-17-2012, 05:18 PM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
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Present the information from the past year and you may find the red line doesn't go where you think it does. January 2011? That's so 14 months ago.
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Old 05-17-2012, 05:41 PM
 
Location: Whittier, CA
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We have had a decline YOY 2010-2012 nationally and also in top 100 markets
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Old 05-18-2012, 06:05 AM
 
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Suppressing zero on the vertical axis makes swings a great deal more dramatic than they actually were.

Having said that, I don't know what real estate values are going to do either.
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Old 05-18-2012, 10:19 AM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,277,462 times
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Quote:
Originally Posted by ducviloxi View Post
We have had a decline YOY 2010-2012 nationally and also in top 100 markets
2010 to 2012? Maybe. 2011 to 2012? Not so much.
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