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	<title>Comments on: average home appreciation rate bay area</title>
	<atom:link href="http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/</link>
	<description>San Francisco Bay Area, Silicon Valley House Price and Mortgage Insanity Blog</description>
	<lastBuildDate>Wed, 08 Feb 2012 22:43:53 +0000</lastBuildDate>
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		<title>By: Alex</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41734</link>
		<dc:creator>Alex</dc:creator>
		<pubDate>Mon, 08 Feb 2010 06:47:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41734</guid>
		<description>&lt;b&gt;- Buyable inventory is a subset of overall inventory. Check.
- When inventory has dropped, buyable inventory is even lower.

Which part of the basic logic is the dumb renter not understanding? &lt;/b&gt;

Faux Estater, your logic sucks.  Just like your mom.

Assuming buyable inventory is a subset of overall inventory (whatever the fvck this means),

it can still remain stable or go up even if overall inventory drops.  Why, you ask?

That&#039;s cuz if the remaining components of overall inventory accounts for (or exceeds) the entire decrease.

Anyway, thank you for your interesting consult.  Now pay me $5.</description>
		<content:encoded><![CDATA[<p><b>- Buyable inventory is a subset of overall inventory. Check.<br />
- When inventory has dropped, buyable inventory is even lower.</p>
<p>Which part of the basic logic is the dumb renter not understanding? </b></p>
<p>Faux Estater, your logic sucks.  Just like your mom.</p>
<p>Assuming buyable inventory is a subset of overall inventory (whatever the fvck this means),</p>
<p>it can still remain stable or go up even if overall inventory drops.  Why, you ask?</p>
<p>That&#8217;s cuz if the remaining components of overall inventory accounts for (or exceeds) the entire decrease.</p>
<p>Anyway, thank you for your interesting consult.  Now pay me $5.</p>
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		<title>By: anon</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41733</link>
		<dc:creator>anon</dc:creator>
		<pubDate>Mon, 08 Feb 2010 01:37:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41733</guid>
		<description>Good news!

http://online.wsj.com/article/SB10001424052748704829704575049111428912890.html?mod=WSJ_HomeAndGarden_sections_RealEstate</description>
		<content:encoded><![CDATA[<p>Good news!</p>
<p><a href="http://online.wsj.com/article/SB10001424052748704829704575049111428912890.html?mod=WSJ_HomeAndGarden_sections_RealEstate" rel="nofollow">http://online.wsj.com/article/SB10001424052748704829704575049111428912890.html?mod=WSJ_HomeAndGarden_sections_RealEstate</a></p>
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	<item>
		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41732</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 22:37:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41732</guid>
		<description>&lt;i&gt;Regarding #17: Real estate is always local&lt;/i&gt;
-----

Yes, we understand that the title of the SJMN article &quot;In Santa Clara County, sales of luxury homes down in 2009&quot; is very inconvenient. Posting only the table was definitely clever choice.</description>
		<content:encoded><![CDATA[<p><i>Regarding #17: Real estate is always local</i><br />
&#8212;&#8211;</p>
<p>Yes, we understand that the title of the SJMN article &#8220;In Santa Clara County, sales of luxury homes down in 2009&#8243; is very inconvenient. Posting only the table was definitely clever choice.</p>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41731</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 22:30:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41731</guid>
		<description>&lt;i&gt;As you know, I’ve been shopping for over a year and still couldn’t find something.&lt;/i&gt;
-----

With that kind of extraordinary accuracy (whatever that means) you are trying to achieve, I am pretty sure you never going to hit your &lt;a href=&quot;http://www.burbed.com/2008/08/14/good-news-bad-news-for-real-estate-in-silicon-valley/#comment-24125&quot; rel=&quot;nofollow&quot;&gt;&quot;sweet spot&quot;&lt;/a&gt;. Even if you find one, you will be overbid by &lt;a href=&quot;http://www.burbed.com/2009/08/15/beyond-the-bubble-how-to-keep-the-real-estate-market-in-perspective-and-profit-no-matter-what-happens/#comment-49783&quot; rel=&quot;nofollow&quot;&gt;&lt;b&gt;fictitious&lt;/b&gt; 8 cash offers over $1M&lt;/a&gt; (that Clara St property sold &lt;b&gt;below&lt;/b&gt; $1M, btw).

Considering the fact that &lt;a href=&quot;http://www.burbed.com/2009/01/08/follow-up-on-155-senter-road-in-san-jose/#comment-35740&quot; rel=&quot;nofollow&quot;&gt;January 2009 was the bottom in RBA&lt;/a&gt;, you simply don&#039;t have any chance to find &quot;sweet spot&quot;. You should consider &quot;sweat spot&quot; now.</description>
		<content:encoded><![CDATA[<p><i>As you know, I’ve been shopping for over a year and still couldn’t find something.</i><br />
&#8212;&#8211;</p>
<p>With that kind of extraordinary accuracy (whatever that means) you are trying to achieve, I am pretty sure you never going to hit your <a href="http://www.burbed.com/2008/08/14/good-news-bad-news-for-real-estate-in-silicon-valley/#comment-24125" rel="nofollow">&#8220;sweet spot&#8221;</a>. Even if you find one, you will be overbid by <a href="http://www.burbed.com/2009/08/15/beyond-the-bubble-how-to-keep-the-real-estate-market-in-perspective-and-profit-no-matter-what-happens/#comment-49783" rel="nofollow"><b>fictitious</b> 8 cash offers over $1M</a> (that Clara St property sold <b>below</b> $1M, btw).</p>
<p>Considering the fact that <a href="http://www.burbed.com/2009/01/08/follow-up-on-155-senter-road-in-san-jose/#comment-35740" rel="nofollow">January 2009 was the bottom in RBA</a>, you simply don&#8217;t have any chance to find &#8220;sweet spot&#8221;. You should consider &#8220;sweat spot&#8221; now.</p>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41730</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 22:18:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41730</guid>
		<description>&lt;i&gt;Where are the buyable houses Pralay? &lt;/i&gt;
----

Define &quot;buyable&quot;. I thought you are an average tech guy (and not an Alain Pinel realtor). A tech guy should be know that you must define the term before applying it.

Currently there are 86 SFH in market in Palo Alto. Please tell us how many of them are not &quot;buyable&quot;.</description>
		<content:encoded><![CDATA[<p><i>Where are the buyable houses Pralay? </i><br />
&#8212;-</p>
<p>Define &#8220;buyable&#8221;. I thought you are an average tech guy (and not an Alain Pinel realtor). A tech guy should be know that you must define the term before applying it.</p>
<p>Currently there are 86 SFH in market in Palo Alto. Please tell us how many of them are not &#8220;buyable&#8221;.</p>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41729</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 22:04:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41729</guid>
		<description>Yes, FakeEstater it&#039;s too obvious that you have won the argument. An adolescent always win argument (and toys).

(Velocity of sarcastic inventory = 100)</description>
		<content:encoded><![CDATA[<p>Yes, FakeEstater it&#8217;s too obvious that you have won the argument. An adolescent always win argument (and toys).</p>
<p>(Velocity of sarcastic inventory = 100)</p>
]]></content:encoded>
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		<title>By: Real Estater</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41728</link>
		<dc:creator>Real Estater</dc:creator>
		<pubDate>Sun, 07 Feb 2010 21:19:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41728</guid>
		<description>All,

When Pralay switches to loser mode, we know the case is closed.

He is unable to come up with even 5 buyable properties. What is there more to argue about? :-)</description>
		<content:encoded><![CDATA[<p>All,</p>
<p>When Pralay switches to loser mode, we know the case is closed.</p>
<p>He is unable to come up with even 5 buyable properties. What is there more to argue about? <img src='http://www.burbed.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
]]></content:encoded>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41727</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 20:32:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41727</guid>
		<description>I have a better idea. Let&#039;s invent a new term called &lt;b&gt;RealEstater&#039;s RBA Inventory (RRI)&lt;/b&gt;.

- When inventory drops, RRI = inventory
- When inventory of &lt;a href=&quot;http://www.burbed.com/2009/10/22/bay-area-house-market/#comment-52516&quot; rel=&quot;nofollow&quot;&gt;neighbor (non-RBA) city drops&lt;/a&gt;, RRI = inventory of neighbor city
- When inventory goes up, RRI = buyable inventory (of course without any quantification)</description>
		<content:encoded><![CDATA[<p>I have a better idea. Let&#8217;s invent a new term called <b>RealEstater&#8217;s RBA Inventory (RRI)</b>.</p>
<p>- When inventory drops, RRI = inventory<br />
- When inventory of <a href="http://www.burbed.com/2009/10/22/bay-area-house-market/#comment-52516" rel="nofollow">neighbor (non-RBA) city drops</a>, RRI = inventory of neighbor city<br />
- When inventory goes up, RRI = buyable inventory (of course without any quantification)</p>
]]></content:encoded>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41726</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 20:23:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41726</guid>
		<description>&lt;i&gt;- Inventory by itself is useless data. Check.
- The velocity of buyable inventory is what matters. Check.&lt;/i&gt;
-----

So, please please give us a comparison of &quot;velocity of buyable inventory&quot; between December 2008 and December 2009. We don&#039;t want to hear all the &lt;a href=&quot;http://www.burbed.com/2009/05/19/what-does-a-saratoga-house-buy-you-in-port-washington/#comment-45411&quot; rel=&quot;nofollow&quot;&gt;&quot;clamor around inventory&quot; [drop]&lt;/a&gt; from &lt;a href=&quot;http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-55006&quot; rel=&quot;nofollow&quot;&gt;Alain Pinel&lt;/a&gt;.</description>
		<content:encoded><![CDATA[<p><i>- Inventory by itself is useless data. Check.<br />
- The velocity of buyable inventory is what matters. Check.</i><br />
&#8212;&#8211;</p>
<p>So, please please give us a comparison of &#8220;velocity of buyable inventory&#8221; between December 2008 and December 2009. We don&#8217;t want to hear all the <a href="http://www.burbed.com/2009/05/19/what-does-a-saratoga-house-buy-you-in-port-washington/#comment-45411" rel="nofollow">&#8220;clamor around inventory&#8221; [drop]</a> from <a href="http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-55006" rel="nofollow">Alain Pinel</a>.</p>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41725</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Sun, 07 Feb 2010 20:19:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-41725</guid>
		<description>&lt;i&gt;- Buyable inventory is a subset of overall inventory. Check.&lt;/i&gt;
----

Hmmmm. That does not sound right. When &lt;a href=&quot;http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-55006&quot; rel=&quot;nofollow&quot;&gt;Alain Pinel says&lt;/a&gt; inventory dropped 36.8% it &lt;b&gt;automatically&lt;/b&gt; means buyable inventory dropped. But when inventory goes up, &lt;a href=&quot;http://www.burbed.com/2009/05/19/what-does-a-saratoga-house-buy-you-in-port-washington/#comment-45411&quot; rel=&quot;nofollow&quot;&gt;it does NOT mean&lt;/a&gt; buyable inventory going up.

(Although RealEstater is clueless in both cases).</description>
		<content:encoded><![CDATA[<p><i>- Buyable inventory is a subset of overall inventory. Check.</i><br />
&#8212;-</p>
<p>Hmmmm. That does not sound right. When <a href="http://www.burbed.com/2010/02/04/average-home-appreciation-rate-bay-area/#comment-55006" rel="nofollow">Alain Pinel says</a> inventory dropped 36.8% it <b>automatically</b> means buyable inventory dropped. But when inventory goes up, <a href="http://www.burbed.com/2009/05/19/what-does-a-saratoga-house-buy-you-in-port-washington/#comment-45411" rel="nofollow">it does NOT mean</a> buyable inventory going up.</p>
<p>(Although RealEstater is clueless in both cases).</p>
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