tag:blogger.com,1999:blog-8781346830430890268.post6289471585386724812..comments2023-08-17T05:38:16.268-07:00Comments on 94501 Real Estate -- Alameda Real Estate Blog: Alameda Median Sale Price Down 26% in JanuaryUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8781346830430890268.post-46563085291011816652009-02-26T14:46:00.000-08:002009-02-26T14:46:00.000-08:00"The news just does not get better for housing." -..."The news just does not get better for housing." - This is all a matter of perspective. From my perspective as a renter who would like to buy, who has excellent credit and a 20% down payment this is good news. Now if they would just drop another 10-15% I could afford to buy in Alameda.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8781346830430890268.post-32501068259366731862009-02-26T10:01:00.000-08:002009-02-26T10:01:00.000-08:00With property values continue to fall look for the...With property values continue to fall look for the State revenues to continue to shrink. The bousing bubble in the 00's is similar to the dot.com bubble in the late 90s. State revenues had been inflated artificially and when the bubble bursts we get a huge state deficits. In 2003, the deficit grew to $30 billion. In 2009 it was $40+ billion. Unfortunately this time I do not see any "bubble" bringing back state revenues anytime soon. As a result, governmental services will need to shrink at a time when they are needed the most.Anonymousnoreply@blogger.com