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<!--Generated by Squarespace Site Server v4.1.2 (http://www.squarespace.com/) on Sat, 17 May 2008 01:22:35 GMT--><rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:rss="http://purl.org/rss/1.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:admin="http://webns.net/mvcb/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:cc="http://web.resource.org/cc/"><rss:channel rdf:about="http://www.californiahousingforecast.com/commentary/"><rss:title>Commentary</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/</rss:link><rss:description></rss:description><dc:language>en-US</dc:language><dc:date>2008-05-17T01:22:35Z</dc:date><admin:generatorAgent rdf:resource="http://www.squarespace.com/">Squarespace Site Server v4.1.2 (http://www.squarespace.com/)</admin:generatorAgent><rss:items><rdf:Seq><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/16/distress-sales-crowd-out-normal-sales.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/15/californias-subprime-arm-foreclosure-rates-rising-fast.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/13/23-of-gdp-will-go-for-government-and-debt.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/13/incomes-predict-a-40-further-decline-in-san-diego-prices.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/10/market-heating-up-but-more-downside-ahead.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/5/rent-free-homeowners-keep-economy-from-stumbling.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/5/san-diego-high-end-market-facing-rejection.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/3/100-financing-is-now-called-fha.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/2/even-the-pros-use-a-realtor.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/2/where-would-you-rather-buy.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/1/overlooking-foreclosure-sales-paints-a-misleading-picture.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/1/unofficial-official-recession.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/5/1/the-next-bubble-commodities.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/4/29/foreclosure-seminar-tonight.html"/><rdf:li rdf:resource="http://www.californiahousingforecast.com/commentary/2008/4/28/testifying-at-the-la-fed-in-the-bank-of-america-countrywide.html"/></rdf:Seq></rss:items></rss:channel><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/16/distress-sales-crowd-out-normal-sales.html"><rss:title>Distress Sales crowd out "normal sales"</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/16/distress-sales-crowd-out-normal-sales.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-16T15:15:04Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[42% of the San Diego inventory is short sales and REOs, a figure that is rising every month.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/15/californias-subprime-arm-foreclosure-rates-rising-fast.html"><rss:title>California's Subprime ARM Foreclosure Rates Rising Fast</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/15/californias-subprime-arm-foreclosure-rates-rising-fast.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-15T17:45:25Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[This chart from Realtor.org shows the rapid rise in subprime ARM foreclosures.  The biggest resets are ahead of us.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/13/23-of-gdp-will-go-for-government-and-debt.html"><rss:title>2/3 of GDP will go for government and debt</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/13/23-of-gdp-will-go-for-government-and-debt.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-13T12:46:02Z</dc:date><dc:subject></dc:subject></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/13/incomes-predict-a-40-further-decline-in-san-diego-prices.html"><rss:title>Incomes predict a 40% further decline in San Diego prices</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/13/incomes-predict-a-40-further-decline-in-san-diego-prices.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-13T11:58:19Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[Combining income data and prudent lending of 3.5x income, means San Diego's median house price should be $ 230,000.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/10/market-heating-up-but-more-downside-ahead.html"><rss:title>Market heating up, but more downside ahead</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/10/market-heating-up-but-more-downside-ahead.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-10T17:10:34Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[This is a very strong spring bounce, but we are only in the 3rd year of a 7 year downturn.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/5/rent-free-homeowners-keep-economy-from-stumbling.html"><rss:title>Rent-free homeowners keep economy from stumbling</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/5/rent-free-homeowners-keep-economy-from-stumbling.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-05T04:04:28Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[It just dawned on me, why the economy is not stumbling:  borrowers living 9 months "mortgage free" have lots of extra cash.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/5/san-diego-high-end-market-facing-rejection.html"><rss:title>San Diego High End Market facing Rejection</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/5/san-diego-high-end-market-facing-rejection.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-05T03:54:43Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[The over-$1.5 million buyer is rejecting most of the homes on the market.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/3/100-financing-is-now-called-fha.html"><rss:title>100% financing is now called "FHA"</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/3/100-financing-is-now-called-fha.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-03T04:58:19Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[FHA financing is taxpayer funded, and allowed 140 San Diego buyers to get into a home in April.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/2/even-the-pros-use-a-realtor.html"><rss:title>Even the pros use a Realtor</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/2/even-the-pros-use-a-realtor.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-02T20:03:26Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[The pros like to use a realtor.  Please interview several realtors, and hire one who is honest and knowledgeable.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/2/where-would-you-rather-buy.html"><rss:title>Where would you rather buy?</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/2/where-would-you-rather-buy.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-02T19:42:25Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[If you buy in a neighborhood with even one foreclosure, your equity is at serious risk.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/1/overlooking-foreclosure-sales-paints-a-misleading-picture.html"><rss:title>Overlooking foreclosure sales paints a misleading picture</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/1/overlooking-foreclosure-sales-paints-a-misleading-picture.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-01T16:42:07Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[$subscriber story]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/1/unofficial-official-recession.html"><rss:title>Unofficial Official Recession</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/1/unofficial-official-recession.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-01T12:13:33Z</dc:date><dc:subject></dc:subject><content:encoded><![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."]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/5/1/the-next-bubble-commodities.html"><rss:title>The Next Bubble: Commodities</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/5/1/the-next-bubble-commodities.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-05-01T11:11:52Z</dc:date><dc:subject></dc:subject><content:encoded><![CDATA[Speculators are chasing yield in commodities.]]></content:encoded></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/4/29/foreclosure-seminar-tonight.html"><rss:title>Foreclosure Seminar Tonight</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/4/29/foreclosure-seminar-tonight.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-04-29T18:16:52Z</dc:date><dc:subject></dc:subject></rss:item><rss:item rdf:about="http://www.californiahousingforecast.com/commentary/2008/4/28/testifying-at-the-la-fed-in-the-bank-of-america-countrywide.html"><rss:title>Testifying at the LA Fed in the Bank of America Countrywide merger</rss:title><rss:link>http://www.californiahousingforecast.com/commentary/2008/4/28/testifying-at-the-la-fed-in-the-bank-of-america-countrywide.html</rss:link><dc:creator>Schahrzad Berkland</dc:creator><dc:date>2008-04-28T04:10:36Z</dc:date><dc:subject></dc:subject></rss:item></rdf:RDF>