Apparently there are some in the government who feel like they haven’t done enough yet to “help” the housing market, because Calculated Risk had a great post yesterday on the subject of a possible return of the undead tax credit. From Reuters: No Decision on Reviving Homebuyer Credit: Donovan “It’s too early to say whether…
Poll: Do you think you will lose your job in the next year?
This poll was active 08.29.2010 through 09.04.2010.
Weekly Twitter Digest (Link Roundup) for 2010-08-28
Seattle: Still super special!!! http://is.gd/evHSV # Impressive use of a very small space in this 182 sqft Seattle condo. http://is.gd/evJco (@MattGoyer check this out!) # Big Burien condo project may not foreclose after all: http://is.gd/evMMS # "Housing Fades as a Means to Build Wealth, Analysts Say" http://is.gd/ez0lu I certainly hope so! # Interesting article on…
Is New Construction Getting Cheaper or Just Smaller?
Yesterday in response to the story about the vanishing new construction price premium, reader “nwerner” commented: You should also do your analysis on a per SF basis if you haven’t already. The square footage of new construction has dropped considerably, in the range of 20 to 25 percent. Your second comment, re: lower lot prices…
New Construction Price Premium Nearly Vanishes
I was playing around with the sales data I’ve downloaded since April of last year when I noticed a noteworthy trend in the sales of new construction. If you split each month’s sales into new construction and re-sales, then look at the median prices of each group separately, an interesting pattern emerges. What I’ve plotted…