Earlier this week, Kelly Bennett gave us the
lowdown on the Case-Shiller home price data for November. I’m
going to just add a couple of things.
First, I have updated the requisite post-peak chart…
continue reading at voiceofsandiego.org
Earlier this week, Kelly Bennett gave us the
lowdown on the Case-Shiller home price data for November. I’m
going to just add a couple of things.
First, I have updated the requisite post-peak chart…
continue reading at voiceofsandiego.org
I must have said this a dozen
I must have said this a dozen times, but I still don’t understand how we can see what the original high tier (circa $700k) is doing, if now it is including prices from this much lower number of $453k? Going by just listings data over the last two years, in some areas (not necessarily SD) I’ve seen many $1m homes in the $800k or less range, and many still seem to be selling below listing. Is it possible that homes prices over $750k have actually continued to decline during this hiccup?