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    The recession is coming

    Oh I don't think the Chinese will stop but the flood that we've seen in the last few years will slow down dramatically as Chinese government's number priority must be to slow down the outflows http://www.businessinsider.com/capital-flight-concern-in-china-2016-1 Let's face it China has burned...
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    The recession is coming

    True! but the one thing that still holds is the numbers of homes sold and the price trend.  I do know that the new rules on mortgages got implemented in September so maybe there is an effect there? but i'm not quite sure
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    The recession is coming

    There seems to be a big discrepancy between Trulia and Redfin data Judging by Redfin data Homes for Sale Dec-15 vs. Prev. Month vs. Prev. Year # Homes for Sale 566 -12.70% +31.60% Median List Price $850K +1.30% +11.70% Median List $/Sq Ft. $441 +0.20% +6.50% Homes Sold Dec-15 vs. Prev...
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    The recession is coming

    Anyone also notice number of homes sold in Irvine has cratered? Looks like affordability is becoming an issue. Now that the chinese can't move their money out as easily we will see who can step in to buy these homes. Year over year price of a sold house is down 6% and number of sales is now...
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