Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Down 1.3% September to October. Down 4.1% YOY. Down 25.6% from the July 2007 peak Last year prices rose 0.2% from September to October and year-over-year prices were down 12.4%. October’s data marked a new post-peak low…
Analyze a “Below-Market” Deal: Conclusion
by Flickr user woodleywonderworks The perpetual motto of real estate salespeople that “it’s a great time to buy” is still a load of nonsense. It’s only a great time to buy when your personal finances, your stage in life, and the right home at the right price all come together at the same time. Granted,…
Poll: 2011 will have ____ SFH home sales in King Co. than 2010.
This poll was active 12.26.2010 through 01.01.2011.
Weekly Twitter Digest (Link Roundup) for 2010-12-25
Interesting @SeattleTimes article that breaks down some numbers behind foreclosures in King Co. http://bit.ly/i9KYm8 # …be sure to catch the @Tableau interactive w/ Seattle, Baltimore, & Phoenix. http://bit.ly/iiZC92 Lots of refinance foreclosures here. # Sobering article about the nasty-sounding mess the Boeing 787 Dreamliner is still mired in. http://bit.ly/gvGBur "manufacturing hell" # Interesting news on…
Analyze a “Below-Market” Deal: Historic Pricing
Our final method for determining whether or not a home is a good deal is to compare the current asking price to the historic sale prices of the same home during pre-bubble years. The simplest method is to find the oldest sale record available for the home and compare the total percentage gain from that…