Jim Rogers selling everything & moving to Asia
#11
Posted 17 March 2007 - 05:48 PM
#12
Posted 17 March 2007 - 07:25 PM
The future is 90% present and 10% vision.
#13
Posted 17 March 2007 - 08:17 PM
Yeah... Real Estate is just terrible here .... NOT.
Marin tops Bay Area in home sales
The median price of a single-family home in Marin increased less than half a percent last month - to $929,500 - over the previous February, but saw the largest jump in sales volume - nearly 25 percent - among the nine Bay Area counties.
Single-family sales totaled 167 in February, up from 134 in February 2006, according to DataQuick Information Systems, a La Jolla-based real estate information service.
"It is consistent with the real estate history of Marin County as far as sales go," said Fred Angeli, vice president and manager of the Frank Howard Allen San Rafael office. "In Marin we have limited new construction, a lot of open space and it continues to be highly desirable to live here."
The Marin median condo price rose by 2.3 percent to $544,000 last month, up from $531,750 the year before, and sales fell 12 percent to 58, from 66.
Marin's overall market activity was strongest in the Bay Area with the overall median price, including condominiums, increasing by 3.8 percent to $829,000 last month from $799,000 last year. Marin also saw the largest increase in overall sales, which jumped by 4.1 percent to 228 from 219 last year. Overall sales in all other Bay Area counties dropped by 6 percent or more, (More)
it's probably those GS and other wall streeters buying their 3rd or 4th home from long time Marin resisdents who want out while the gettin's good.
I have a suspicion that there's a high percentage of vacant homes in downtown SF, all owned by the world's elite as their SF "home away from home." The super-wealthy are taking over and pushing the merely "well-to-do" out. just a theory...
http://www.trueworldhistory.info/
#14
Posted 17 March 2007 - 10:26 PM
#15
Posted 18 March 2007 - 12:27 AM
"I got rich by selling too early"
I do not believe in the apocalyptic view of Mr Rogers. But just in case it happens,
will Da Chief please turn the lights out
Edited by pdx5, 18 March 2007 - 12:28 AM.