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<!--Generated by Squarespace Site Server v4.1.2 (http://www.squarespace.com/) on Sat, 17 May 2008 02:18:20 GMT--><feed xmlns="http://www.w3.org/2005/Atom" xmlns:dc="http://purl.org/dc/elements/1.1/"><title>Commentary</title><subtitle>Commentary</subtitle><id>http://www.californiahousingforecast.com/commentary/</id><link rel="alternate" type="application/xhtml+xml" href="http://www.californiahousingforecast.com/commentary/"/><link rel="self" type="application/atom+xml" href="http://www.californiahousingforecast.com/commentary/atom.xml"/><updated>2008-05-16T15:24:12Z</updated><generator uri="http://www.squarespace.com/" version="Squarespace Site Server v4.1.2 (http://www.squarespace.com/)">Squarespace</generator><entry><title>Distress Sales crowd out "normal sales"</title><id>http://www.californiahousingforecast.com/commentary/2008/5/16/distress-sales-crowd-out-normal-sales.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/16/distress-sales-crowd-out-normal-sales.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-16T15:15:04Z</published><updated>2008-05-16T15:15:04Z</updated><summary type="html" xml:lang="en-US"><![CDATA[42% of the San Diego inventory is short sales and REOs, a figure that is rising every month.]]></summary></entry><entry><title>California's Subprime ARM Foreclosure Rates Rising Fast</title><id>http://www.californiahousingforecast.com/commentary/2008/5/15/californias-subprime-arm-foreclosure-rates-rising-fast.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/15/californias-subprime-arm-foreclosure-rates-rising-fast.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-15T17:45:25Z</published><updated>2008-05-15T17:45:25Z</updated><summary type="html" xml:lang="en-US"><![CDATA[This chart from Realtor.org shows the rapid rise in subprime ARM foreclosures.  The biggest resets are ahead of us.]]></summary></entry><entry><title>2/3 of GDP will go for government and debt</title><id>http://www.californiahousingforecast.com/commentary/2008/5/13/23-of-gdp-will-go-for-government-and-debt.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/13/23-of-gdp-will-go-for-government-and-debt.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-13T12:46:02Z</published><updated>2008-05-13T12:46:02Z</updated></entry><entry><title>Incomes predict a 40% further decline in San Diego prices</title><id>http://www.californiahousingforecast.com/commentary/2008/5/13/incomes-predict-a-40-further-decline-in-san-diego-prices.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/13/incomes-predict-a-40-further-decline-in-san-diego-prices.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-13T11:58:19Z</published><updated>2008-05-13T11:58:19Z</updated><summary type="html" xml:lang="en-US"><![CDATA[Combining income data and prudent lending of 3.5x income, means San Diego's median house price should be $ 230,000.]]></summary></entry><entry><title>Market heating up, but more downside ahead</title><id>http://www.californiahousingforecast.com/commentary/2008/5/10/market-heating-up-but-more-downside-ahead.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/10/market-heating-up-but-more-downside-ahead.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-10T17:10:34Z</published><updated>2008-05-10T17:10:34Z</updated><summary type="html" xml:lang="en-US"><![CDATA[This is a very strong spring bounce, but we are only in the 3rd year of a 7 year downturn.]]></summary></entry><entry><title>Rent-free homeowners keep economy from stumbling</title><id>http://www.californiahousingforecast.com/commentary/2008/5/5/rent-free-homeowners-keep-economy-from-stumbling.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/5/rent-free-homeowners-keep-economy-from-stumbling.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-05T04:04:28Z</published><updated>2008-05-05T04:04:28Z</updated><summary type="html" xml:lang="en-US"><![CDATA[It just dawned on me, why the economy is not stumbling:  borrowers living 9 months "mortgage free" have lots of extra cash.]]></summary></entry><entry><title>San Diego High End Market facing Rejection</title><id>http://www.californiahousingforecast.com/commentary/2008/5/5/san-diego-high-end-market-facing-rejection.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/5/san-diego-high-end-market-facing-rejection.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-05T03:54:43Z</published><updated>2008-05-05T03:54:43Z</updated><summary type="html" xml:lang="en-US"><![CDATA[The over-$1.5 million buyer is rejecting most of the homes on the market.]]></summary></entry><entry><title>100% financing is now called "FHA"</title><id>http://www.californiahousingforecast.com/commentary/2008/5/3/100-financing-is-now-called-fha.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/3/100-financing-is-now-called-fha.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-03T04:58:19Z</published><updated>2008-05-03T04:58:19Z</updated><summary type="html" xml:lang="en-US"><![CDATA[FHA financing is taxpayer funded, and allowed 140 San Diego buyers to get into a home in April.]]></summary></entry><entry><title>Even the pros use a Realtor</title><id>http://www.californiahousingforecast.com/commentary/2008/5/2/even-the-pros-use-a-realtor.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/2/even-the-pros-use-a-realtor.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-02T20:03:26Z</published><updated>2008-05-02T20:03:26Z</updated><summary type="html" xml:lang="en-US"><![CDATA[The pros like to use a realtor.  Please interview several realtors, and hire one who is honest and knowledgeable.]]></summary></entry><entry><title>Where would you rather buy?</title><id>http://www.californiahousingforecast.com/commentary/2008/5/2/where-would-you-rather-buy.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/2/where-would-you-rather-buy.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-02T19:42:25Z</published><updated>2008-05-02T19:42:25Z</updated><summary type="html" xml:lang="en-US"><![CDATA[If you buy in a neighborhood with even one foreclosure, your equity is at serious risk.]]></summary></entry><entry><title>Overlooking foreclosure sales paints a misleading picture</title><id>http://www.californiahousingforecast.com/commentary/2008/5/1/overlooking-foreclosure-sales-paints-a-misleading-picture.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/1/overlooking-foreclosure-sales-paints-a-misleading-picture.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-01T16:42:07Z</published><updated>2008-05-01T16:42:07Z</updated><summary type="html" xml:lang="en-US"><![CDATA[$subscriber story]]></summary></entry><entry><title>Unofficial Official Recession</title><id>http://www.californiahousingforecast.com/commentary/2008/5/1/unofficial-official-recession.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/1/unofficial-official-recession.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-01T12:13:33Z</published><updated>2008-05-01T12:13:33Z</updated><summary type="html" xml:lang="en-US"><![CDATA[" If nominal GDP were deflated by the headline CPI number we would have two consecutive quarters of negative real GDP growth, an OFFICIAL  recession as is widely defined."]]></summary></entry><entry><title>The Next Bubble: Commodities</title><id>http://www.californiahousingforecast.com/commentary/2008/5/1/the-next-bubble-commodities.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/5/1/the-next-bubble-commodities.html"/><author><name>Schahrzad Berkland</name></author><published>2008-05-01T11:11:52Z</published><updated>2008-05-01T11:11:52Z</updated><summary type="html" xml:lang="en-US"><![CDATA[Speculators are chasing yield in commodities.]]></summary></entry><entry><title>Foreclosure Seminar Tonight</title><id>http://www.californiahousingforecast.com/commentary/2008/4/29/foreclosure-seminar-tonight.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/4/29/foreclosure-seminar-tonight.html"/><author><name>Schahrzad Berkland</name></author><published>2008-04-29T18:16:52Z</published><updated>2008-04-29T18:16:52Z</updated></entry><entry><title>Testifying at the LA Fed in the Bank of America Countrywide merger</title><id>http://www.californiahousingforecast.com/commentary/2008/4/28/testifying-at-the-la-fed-in-the-bank-of-america-countrywide.html</id><link rel="alternate" type="text/html" href="http://www.californiahousingforecast.com/commentary/2008/4/28/testifying-at-the-la-fed-in-the-bank-of-america-countrywide.html"/><author><name>Schahrzad Berkland</name></author><published>2008-04-28T04:10:36Z</published><updated>2008-04-28T04:10:36Z</updated></entry></feed>