Sunday, October 19, 2008

Sacramento Regional Real Estate Trends for October 18, 2008












7 comments :

DrDoom said...

What? Are we still doing real estate statistics here? I thought it is was just bash the bailout time :)

The Four County inventory pattern shifted around Jan 2008. It has been a new trend since then. At the same time (Jan 2008) SIT in Sacramento saturated at 50% and FIT peaked.

Can someone tell if these trends are related or is it just coincindence?

Real Estate Guru said...

I think its just coincindence. There are no any connection between them...

Buying Time said...

Speaking of bash the bail out....I posted this over on SacLanding, but I think it deserves more press...as the corportate controlled MSM does not report this type of stuff.

What they are doing with our 700 billion dollars....

http://www.guardian.co.uk/business/2008/oct/17/executivesalaries-banking

Excerpt:
"Many critics of investment banks have questioned why firms continue to siphon off billions of dollars of bank earnings into bonus pools rather than using the funds to shore up the capital position of the crisis-stricken institutions."

Patient Renter said...

firms continue to siphon off billions of dollars of bank earnings into bonus pools

Isn't that atrocious? This is just one of the many ways in which this legislation fails to best serve America.

Max said...

"Many critics of investment banks have questioned why firms continue to siphon off billions of dollars of bank earnings into bonus pools rather than using the funds to shore up the capital position of the crisis-stricken institutions."

Hey, Paulson said that the banks "understand" that the money needs to be lent out, so what are you guys worried about? I'm sure the banks will act in our best interests and loan the money out to anyone who asks.

Bryan said...

Ah! A return to the quietude of observing ever-dropping asking prices. It's very relaxing.

beer9333 said...

And now this, by Andrew Jackson in 1832 while discussing the Bank Renewal bill with a delegation of bankers in 1832:
Quote
"Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out."