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  • December 30, 2008 at 4:55 PM #14717
    5yearwaiter
    Participant

    I am bit surprised to see this kind of two months back trend now. Why this much delay to publish this kind of trend?. This link shows the details of Housing about October ONLY – is there any way that we can get this news for December too? – as December is almost over

    http://online.wsj.com/article/SB123064533193442343.html?mod=special_page_campaign2008_mostpop

    At least folks would get better view and better decession if this kind of news available faster !!

    What is December trend might be? As per link and national news today saying still there is a lot housing decline in 2009-

    December 30, 2008 at 6:01 PM #321531
    waiting for bottom
    Participant

    Not too easy to update in real time my friend.

    You should check out Rich’s CS proxy, it usually comes pretty close.

    December 30, 2008 at 6:01 PM #322031
    waiting for bottom
    Participant

    Not too easy to update in real time my friend.

    You should check out Rich’s CS proxy, it usually comes pretty close.

    December 30, 2008 at 6:01 PM #321877
    waiting for bottom
    Participant

    Not too easy to update in real time my friend.

    You should check out Rich’s CS proxy, it usually comes pretty close.

    December 30, 2008 at 6:01 PM #321934
    waiting for bottom
    Participant

    Not too easy to update in real time my friend.

    You should check out Rich’s CS proxy, it usually comes pretty close.

    December 30, 2008 at 6:01 PM #321952
    waiting for bottom
    Participant

    Not too easy to update in real time my friend.

    You should check out Rich’s CS proxy, it usually comes pretty close.

    December 30, 2008 at 6:26 PM #321556
    Eugene
    Participant

    Not only is the latest point dated “October” but it describes average prices of all houses closed escrow during the three-month period ending in October. So, it’s a good indicator of the state of housing in September (or maybe even August, because September closings begin as August accepted offers).

    It’s probably done that way because they have a wide coverage area (20 metro areas, I think?) and some places may be less computerized than others. Case-Shiller technology does not allow retroactive revisions of any officially released data points, so they have to wait till they get full sales records from every city before they release anything.

    San Diego prices fell additional 5-7% across the board since September. But this is traditionally a slow season and interest rates are really low. I would not rule out some sort of stabilization next spring. It depends on how the economy is doing.

    December 30, 2008 at 6:26 PM #322057
    Eugene
    Participant

    Not only is the latest point dated “October” but it describes average prices of all houses closed escrow during the three-month period ending in October. So, it’s a good indicator of the state of housing in September (or maybe even August, because September closings begin as August accepted offers).

    It’s probably done that way because they have a wide coverage area (20 metro areas, I think?) and some places may be less computerized than others. Case-Shiller technology does not allow retroactive revisions of any officially released data points, so they have to wait till they get full sales records from every city before they release anything.

    San Diego prices fell additional 5-7% across the board since September. But this is traditionally a slow season and interest rates are really low. I would not rule out some sort of stabilization next spring. It depends on how the economy is doing.

    December 30, 2008 at 6:26 PM #321902
    Eugene
    Participant

    Not only is the latest point dated “October” but it describes average prices of all houses closed escrow during the three-month period ending in October. So, it’s a good indicator of the state of housing in September (or maybe even August, because September closings begin as August accepted offers).

    It’s probably done that way because they have a wide coverage area (20 metro areas, I think?) and some places may be less computerized than others. Case-Shiller technology does not allow retroactive revisions of any officially released data points, so they have to wait till they get full sales records from every city before they release anything.

    San Diego prices fell additional 5-7% across the board since September. But this is traditionally a slow season and interest rates are really low. I would not rule out some sort of stabilization next spring. It depends on how the economy is doing.

    December 30, 2008 at 6:26 PM #321977
    Eugene
    Participant

    Not only is the latest point dated “October” but it describes average prices of all houses closed escrow during the three-month period ending in October. So, it’s a good indicator of the state of housing in September (or maybe even August, because September closings begin as August accepted offers).

    It’s probably done that way because they have a wide coverage area (20 metro areas, I think?) and some places may be less computerized than others. Case-Shiller technology does not allow retroactive revisions of any officially released data points, so they have to wait till they get full sales records from every city before they release anything.

    San Diego prices fell additional 5-7% across the board since September. But this is traditionally a slow season and interest rates are really low. I would not rule out some sort of stabilization next spring. It depends on how the economy is doing.

    December 30, 2008 at 6:26 PM #321959
    Eugene
    Participant

    Not only is the latest point dated “October” but it describes average prices of all houses closed escrow during the three-month period ending in October. So, it’s a good indicator of the state of housing in September (or maybe even August, because September closings begin as August accepted offers).

    It’s probably done that way because they have a wide coverage area (20 metro areas, I think?) and some places may be less computerized than others. Case-Shiller technology does not allow retroactive revisions of any officially released data points, so they have to wait till they get full sales records from every city before they release anything.

    San Diego prices fell additional 5-7% across the board since September. But this is traditionally a slow season and interest rates are really low. I would not rule out some sort of stabilization next spring. It depends on how the economy is doing.

    December 30, 2008 at 7:28 PM #321992
    TheBreeze
    Participant

    Mr. Mortgage has California data through November. The California median home price as of Novemer is down 46% from the peak:

    http://mrmortgage.ml-implode.com/2008/12/30/the-scariest-housing-related-chart-ever/#comments

    December 30, 2008 at 7:28 PM #322073
    TheBreeze
    Participant

    Mr. Mortgage has California data through November. The California median home price as of Novemer is down 46% from the peak:

    http://mrmortgage.ml-implode.com/2008/12/30/the-scariest-housing-related-chart-ever/#comments

    December 30, 2008 at 7:28 PM #321917
    TheBreeze
    Participant

    Mr. Mortgage has California data through November. The California median home price as of Novemer is down 46% from the peak:

    http://mrmortgage.ml-implode.com/2008/12/30/the-scariest-housing-related-chart-ever/#comments

    December 30, 2008 at 7:28 PM #321974
    TheBreeze
    Participant

    Mr. Mortgage has California data through November. The California median home price as of Novemer is down 46% from the peak:

    http://mrmortgage.ml-implode.com/2008/12/30/the-scariest-housing-related-chart-ever/#comments

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