Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to March data, Up 0.2% March to April. Down 16.8% YOY. Down 22.3% from the July 2007 peak Last year prices rose 0.7% from March to April and year-over-year prices were down 4.9%. Here’s the usual graph, with L.A. & San…
The Neighbors Paid WHAT?
In our discussion this weekend about why people would walk away from a mortgage, even though they can afford to continue paying, Tim Kane (S-Crow) pointed out: It doesn’t take much emotional pull to consider walking away when you see property being purchased across the street for $150,000+ less than what you may have purchased…
Poll: Do you personally know someone who has walked away from a mortgage they could afford to pay?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 07.04.2009.
Dilbert: “I Can’t Afford My Mortgage…”
I think yesterday’s Dilbert is front-page worthy. At least for a Saturday.
May Seasonally-Adjusted Active Supply by Neighborhood
Due to the definition change by the NWMLS in both the numerator and the denominator in the “months of supply” calculations, I am changing the regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of…