- This topic has 9 replies, 4 voices, and was last updated 17 years, 3 months ago by
kicksavedave.
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August 28, 2007 at 10:50 AM #10078August 28, 2007 at 10:53 AM #82054
scott
ParticipantJune 2007 Case-Shiller Data out today:
SD:
-7.30% YoY
-0.19% one month
-7.58% since November 2005 peakAugust 28, 2007 at 10:53 AM #82190ParticipantJune 2007 Case-Shiller Data out today:
SD:
-7.30% YoY
-0.19% one month
-7.58% since November 2005 peakAugust 28, 2007 at 10:53 AM #82206ParticipantJune 2007 Case-Shiller Data out today:
SD:
-7.30% YoY
-0.19% one month
-7.58% since November 2005 peakAugust 28, 2007 at 11:08 AM #82059JES
ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
August 28, 2007 at 11:08 AM #82196ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
August 28, 2007 at 11:08 AM #82212ParticipantCase Shiller’s methodology seems to be fairly accurate. I just looked at a property online in San Marcos that sold for 600k in 05′, 550k this year, or 8.3% less. This is one of many homes I have seen that have sold this year for 5-10% off peak, so these numbers seem about right. And then there are some areas that are flat, others that are down 15-20%, and averaged they also bring you to that same range of a market that is down 7-8% overall, with the caveat that it all depends on which area of SD you live.
August 28, 2007 at 12:21 PM #82105kicksavedave
ParticipantDenver down only 1%, (despite massive foreclosures) Charlotte and Seattle up ~7 and ~9 % respectively. This is somewhat confirming what I thought – there is a mass exodus from SoCal and Florida, to more affordable areas like Seattle, Denver, Charlotte, Atlanta, etc. My wife and I are one of a half dozen couples we’ve met in the last three months, who left Cali for Colorado for housing based on sane fundamentals. We’ll be happy to come back if things ever turn back to normal in SoCal. Looks like we’re about 8% of the way to a target of 50%, which would make things about normal, based on income.
August 28, 2007 at 12:21 PM #82241ParticipantDenver down only 1%, (despite massive foreclosures) Charlotte and Seattle up ~7 and ~9 % respectively. This is somewhat confirming what I thought – there is a mass exodus from SoCal and Florida, to more affordable areas like Seattle, Denver, Charlotte, Atlanta, etc. My wife and I are one of a half dozen couples we’ve met in the last three months, who left Cali for Colorado for housing based on sane fundamentals. We’ll be happy to come back if things ever turn back to normal in SoCal. Looks like we’re about 8% of the way to a target of 50%, which would make things about normal, based on income.
August 28, 2007 at 12:21 PM #82257ParticipantDenver down only 1%, (despite massive foreclosures) Charlotte and Seattle up ~7 and ~9 % respectively. This is somewhat confirming what I thought – there is a mass exodus from SoCal and Florida, to more affordable areas like Seattle, Denver, Charlotte, Atlanta, etc. My wife and I are one of a half dozen couples we’ve met in the last three months, who left Cali for Colorado for housing based on sane fundamentals. We’ll be happy to come back if things ever turn back to normal in SoCal. Looks like we’re about 8% of the way to a target of 50%, which would make things about normal, based on income.
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