Friday, November 24, 2006

A Letter From a Clueless Marin Realtor

Ah ha ha ha! Marin County real estate agents must be getting desperate. Here is a letter from a clueless Marin agent along with the blog owner's comments. And here is what that same data looks like when corrected for inflation and normalized:


Thanks to the reader who brought my attention to that letter.

8 Comments:

Blogger sf jack said...

Roller coaster!

Nice to see "economic gravity" at work.

Interesting also that the Greenspan liquidity pump is clearly seen in the "floor" it provided in 2001-2003, whereby the normalized values never went below 1.0... as in earlier corrections.

Will it go below that level this time?

Nov 24, 2006, 8:36:00 PM  
Blogger jrinlv said...

This is a great posting. Thanks for the excellent work, which I am sure requires considerable time and effort. This message from the real estate agent shows the desperation they have to try and earn a commission - even if it means lying and using deception. This entire profession is loosing its' credibility, and once lost it will be difficult to regain.

Nov 24, 2006, 10:15:00 PM  
Blogger Rob Dawg said...

Now, do it for $/sf normalized!

Good work, thanks.

Nov 25, 2006, 7:45:00 AM  
Anonymous Anonymous said...

agreed.
This looks great.
But, I was watching that old movie 'Dirty Harry' last night and the end of the movie takes place in Marin. In the scene, there are a host of extractive industrial businesses and I was wondering if that past has anything to do with the present breast cancer rates in Marin?
Sounds crazy, I know. But I was just wondering....

Nov 25, 2006, 10:27:00 AM  
Anonymous Anonymous said...

I can't tell if the prices you're using in your chart are avg or median.

Nov 25, 2006, 2:31:00 PM  
Anonymous ross valley local said...

OT:
I was wondering if that past has anything to do with the present breast cancer rates in Marin?

The cause for the breat cancer hot spot is sofar unknown in Marin, as discussed briefly here. Besides anthropogenic causes,it's been suggested the natural environment may contribute to breats cancer rates. Of course, locals won't be keen on the idea of natural cancer-causing elements in Marin--just think of those real estate values!

"In this study In this study, we hypothesize that the increased incidence of breast cancer in Marin County is due in part to exposures to certain cancer causing trace elements (nickel, chromium, iron, magnesium, manganese, cobalt, cadmium, mercury and vanadium) found in serpentinites, soils formed from these rocks, and in related water sources."

Nov 25, 2006, 6:47:00 PM  
Anonymous Anonymous said...

Does this chart imply that prices are "only" 18% or so above historical mean?

Nov 26, 2006, 1:00:00 PM  
Anonymous karl marx brothers said...

we need a national figure of respect & influence (like Oprah or Warren Buffet ) to shout out :
' THE EMPEROR HAS NO CLOTHES ' to once n for all burst this bubble!

Nov 27, 2006, 3:49:00 AM  

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