- This topic has 350 replies, 14 voices, and was last updated 15 years, 8 months ago by
macromaniac.
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February 24, 2009 at 1:26 PM #354313February 24, 2009 at 2:09 PM #353743
jpinpb
ParticipantAnd some people find these guys know what they’re talking about.
[img_assist|nid=10424|title=Case-Shiller|desc=|link=node|align=left|width=100|height=73]
Maybe it peaked personally for you in 2004.
February 24, 2009 at 2:09 PM #354055ParticipantAnd some people find these guys know what they’re talking about.
[img_assist|nid=10424|title=Case-Shiller|desc=|link=node|align=left|width=100|height=73]
Maybe it peaked personally for you in 2004.
February 24, 2009 at 2:09 PM #354187ParticipantAnd some people find these guys know what they’re talking about.
[img_assist|nid=10424|title=Case-Shiller|desc=|link=node|align=left|width=100|height=73]
Maybe it peaked personally for you in 2004.
February 24, 2009 at 2:09 PM #354216ParticipantAnd some people find these guys know what they’re talking about.
[img_assist|nid=10424|title=Case-Shiller|desc=|link=node|align=left|width=100|height=73]
Maybe it peaked personally for you in 2004.
February 24, 2009 at 2:09 PM #354323ParticipantAnd some people find these guys know what they’re talking about.
[img_assist|nid=10424|title=Case-Shiller|desc=|link=node|align=left|width=100|height=73]
Maybe it peaked personally for you in 2004.
February 24, 2009 at 2:21 PM #353814sdrealtor
Participantjp
RE markets are not efficient and only what sells can be looked at this way. My experience is what I base that on and I know it to be true around me. I think Jim the Realtor wrote a similar thing a few years a back. If you saw on a daily basis how bad the data collection is on RE sales you would relie on those graphs alot less. In 2004 sales had no buyer concessions in the prices and in fact there were negative concessions with properties selling as-is. By 2005, some properties were throwing cars in with condo purchases, major repairs, buyer credits and more. You will never be able to adjust for those things in stats.This says is all best. You know all those dumbass realtors you abhor out there who dont have a clue? Well theya re the ones that enter the data points those brilliant economists and our hosts depend upon. Garbage in………
February 24, 2009 at 2:21 PM #354125Participantjp
RE markets are not efficient and only what sells can be looked at this way. My experience is what I base that on and I know it to be true around me. I think Jim the Realtor wrote a similar thing a few years a back. If you saw on a daily basis how bad the data collection is on RE sales you would relie on those graphs alot less. In 2004 sales had no buyer concessions in the prices and in fact there were negative concessions with properties selling as-is. By 2005, some properties were throwing cars in with condo purchases, major repairs, buyer credits and more. You will never be able to adjust for those things in stats.This says is all best. You know all those dumbass realtors you abhor out there who dont have a clue? Well theya re the ones that enter the data points those brilliant economists and our hosts depend upon. Garbage in………
February 24, 2009 at 2:21 PM #354257Participantjp
RE markets are not efficient and only what sells can be looked at this way. My experience is what I base that on and I know it to be true around me. I think Jim the Realtor wrote a similar thing a few years a back. If you saw on a daily basis how bad the data collection is on RE sales you would relie on those graphs alot less. In 2004 sales had no buyer concessions in the prices and in fact there were negative concessions with properties selling as-is. By 2005, some properties were throwing cars in with condo purchases, major repairs, buyer credits and more. You will never be able to adjust for those things in stats.This says is all best. You know all those dumbass realtors you abhor out there who dont have a clue? Well theya re the ones that enter the data points those brilliant economists and our hosts depend upon. Garbage in………
February 24, 2009 at 2:21 PM #354286Participantjp
RE markets are not efficient and only what sells can be looked at this way. My experience is what I base that on and I know it to be true around me. I think Jim the Realtor wrote a similar thing a few years a back. If you saw on a daily basis how bad the data collection is on RE sales you would relie on those graphs alot less. In 2004 sales had no buyer concessions in the prices and in fact there were negative concessions with properties selling as-is. By 2005, some properties were throwing cars in with condo purchases, major repairs, buyer credits and more. You will never be able to adjust for those things in stats.This says is all best. You know all those dumbass realtors you abhor out there who dont have a clue? Well theya re the ones that enter the data points those brilliant economists and our hosts depend upon. Garbage in………
February 24, 2009 at 2:21 PM #354393Participantjp
RE markets are not efficient and only what sells can be looked at this way. My experience is what I base that on and I know it to be true around me. I think Jim the Realtor wrote a similar thing a few years a back. If you saw on a daily basis how bad the data collection is on RE sales you would relie on those graphs alot less. In 2004 sales had no buyer concessions in the prices and in fact there were negative concessions with properties selling as-is. By 2005, some properties were throwing cars in with condo purchases, major repairs, buyer credits and more. You will never be able to adjust for those things in stats.This says is all best. You know all those dumbass realtors you abhor out there who dont have a clue? Well theya re the ones that enter the data points those brilliant economists and our hosts depend upon. Garbage in………
February 24, 2009 at 2:24 PM #353818ParticipantWhile I was looking at those graphs something struck me. Do you notice how all 3 price tiers are back in alignment for the first time since pre-bubble times? I’m not calling a bottom but that certainly says we may be closer than many of us would like to believe. Only time will tell but that definitely jumped out at me.
February 24, 2009 at 2:24 PM #354130ParticipantWhile I was looking at those graphs something struck me. Do you notice how all 3 price tiers are back in alignment for the first time since pre-bubble times? I’m not calling a bottom but that certainly says we may be closer than many of us would like to believe. Only time will tell but that definitely jumped out at me.
February 24, 2009 at 2:24 PM #354262ParticipantWhile I was looking at those graphs something struck me. Do you notice how all 3 price tiers are back in alignment for the first time since pre-bubble times? I’m not calling a bottom but that certainly says we may be closer than many of us would like to believe. Only time will tell but that definitely jumped out at me.
February 24, 2009 at 2:24 PM #354291ParticipantWhile I was looking at those graphs something struck me. Do you notice how all 3 price tiers are back in alignment for the first time since pre-bubble times? I’m not calling a bottom but that certainly says we may be closer than many of us would like to believe. Only time will tell but that definitely jumped out at me.
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