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  1. poorgradstudent
    January 9, 2007 @ 1:05 PM

    Great graphs as always. The
    Great graphs as always. The price per square foot definitely gives you information that the median doesn’t. The small spike in sales is interesting, but I agree it’s likely due to a small group of buyers that were priced out last year but now are slipping in at these prices.

  2. no_such_reality
    January 9, 2007 @ 3:59 PM

    December 2005 resale sales
    December 2005 resale sales volume was off 21.2% from 2004.

    December 2006 resale sales volume was off 7.4% from 2005.

    December 2006 is off about 27% from December 2004.

    I suppose that’s better than October 2006 which was off 33% from 2004.

    • anxvariety
      January 10, 2007 @ 10:51 PM

      If you want to get a feel
      If you want to get a feel for the heat some buyers are feeling.. call around about renting.. I was surprised but in looking for a new place to live I’ve encountered quite a few people with desperation in their voices or grossly overpriced rent(trying to cover mortgage?).. also, quite a few ‘rent until we sell’ listings..

      One lady I called was charging too much per sq ft so I told her it was out of my price range.. she then emailed me back and said ‘that she’d rather have a good tenant than charge full price, and the market is in a tough spot right now so let me know what your price range is and we can work something out”.. but the entire message was very long winded and desperate sounding plea and I didn’t bother responding since I figured it to be at least 30% overpriced..

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