Case shiller on zip code basis

[Eugene]

. What’d you do, exactly? Did you take the sales on identical addresses and compare them over time

Yeah that’s basically what Case-Shiller is about. You take consequent sales of identical addresses, throw away suspicious pairs, and then use a mathematical procedure to create a function that gives best approximation of the data.

[Daniel]

Wow! I mean, wow! Hats off to you, my friend!

First, congratulations for finding the site with all the sales data in nice text format. I didn’t even know such a thing existed outside the MLS (well, Zillow has that, too, but can’t be accessed by a script because of those smarty pants codes buried in images).

And, second, for putting together a program to analyze the data. I’m assuming that it’s not THE Case-Shiller algorithm, as that must be proprietary stuff, but you should be pretty close if you follow their general prescription.

[Daniel]

Wow! I mean, wow! Hats off to you, my friend!

First, congratulations for finding the site with all the sales data in nice text format. I didn’t even know such a thing existed outside the MLS (well, Zillow has that, too, but can’t be accessed by a script because of those smarty pants codes buried in images).

And, second, for putting together a program to analyze the data. I’m assuming that it’s not THE Case-Shiller algorithm, as that must be proprietary stuff, but you should be pretty close if you follow their general prescription.

[Daniel]

Wow! I mean, wow! Hats off to you, my friend!

First, congratulations for finding the site with all the sales data in nice text format. I didn’t even know such a thing existed outside the MLS (well, Zillow has that, too, but can’t be accessed by a script because of those smarty pants codes buried in images).

And, second, for putting together a program to analyze the data. I’m assuming that it’s not THE Case-Shiller algorithm, as that must be proprietary stuff, but you should be pretty close if you follow their general prescription.

[Daniel]

Wow! I mean, wow! Hats off to you, my friend!

First, congratulations for finding the site with all the sales data in nice text format. I didn’t even know such a thing existed outside the MLS (well, Zillow has that, too, but can’t be accessed by a script because of those smarty pants codes buried in images).

And, second, for putting together a program to analyze the data. I’m assuming that it’s not THE Case-Shiller algorithm, as that must be proprietary stuff, but you should be pretty close if you follow their general prescription.

[Daniel]

Wow! I mean, wow! Hats off to you, my friend!

First, congratulations for finding the site with all the sales data in nice text format. I didn’t even know such a thing existed outside the MLS (well, Zillow has that, too, but can’t be accessed by a script because of those smarty pants codes buried in images).

And, second, for putting together a program to analyze the data. I’m assuming that it’s not THE Case-Shiller algorithm, as that must be proprietary stuff, but you should be pretty close if you follow their general prescription.

[SD Realtor]

esmith your find is a gem. I forgot about this sit and I would classify it as the best source for solds hands down. Great find and to me, data such as this is much more valuable then any zestimate or other third party presentation.

One thing that I am curious about is whether this site includes trustee sales and then sales at private auctions after the lender has taken title of the home.

I sent them email to check.

Very good work es-

SD Realtor

[SD Realtor]

esmith your find is a gem. I forgot about this sit and I would classify it as the best source for solds hands down. Great find and to me, data such as this is much more valuable then any zestimate or other third party presentation.

One thing that I am curious about is whether this site includes trustee sales and then sales at private auctions after the lender has taken title of the home.

I sent them email to check.

Very good work es-

SD Realtor

[SD Realtor]

esmith your find is a gem. I forgot about this sit and I would classify it as the best source for solds hands down. Great find and to me, data such as this is much more valuable then any zestimate or other third party presentation.

One thing that I am curious about is whether this site includes trustee sales and then sales at private auctions after the lender has taken title of the home.

I sent them email to check.

Very good work es-

SD Realtor

[SD Realtor]

esmith your find is a gem. I forgot about this sit and I would classify it as the best source for solds hands down. Great find and to me, data such as this is much more valuable then any zestimate or other third party presentation.

One thing that I am curious about is whether this site includes trustee sales and then sales at private auctions after the lender has taken title of the home.

I sent them email to check.

Very good work es-

SD Realtor

[SD Realtor]

esmith your find is a gem. I forgot about this sit and I would classify it as the best source for solds hands down. Great find and to me, data such as this is much more valuable then any zestimate or other third party presentation.

One thing that I am curious about is whether this site includes trustee sales and then sales at private auctions after the lender has taken title of the home.

I sent them email to check.

Very good work es-

SD Realtor

[XBoxBoy]

So, since Case Shiller is coming up this week, I’m wondering does anyone know if Case-Shiller takes into account home improvements?

For instance if I buy a crummy little house in bird rock, for a million, tear it down and build a much bigger house and sell it for two million, will Case Shiller report a 100% price increase on this house? Or will Case-Shiller exclude this house because it is no longer the same thing?

If Case Shiller does not adjust for improvements, then it is going to overestimate the price increase, and under estimate the price decreases. If they do adjust for improvements, how do they do that as there would be many different cases and scenarios that would need to be adjusted for.

XBoxBoy

[XBoxBoy]

So, since Case Shiller is coming up this week, I’m wondering does anyone know if Case-Shiller takes into account home improvements?

For instance if I buy a crummy little house in bird rock, for a million, tear it down and build a much bigger house and sell it for two million, will Case Shiller report a 100% price increase on this house? Or will Case-Shiller exclude this house because it is no longer the same thing?

If Case Shiller does not adjust for improvements, then it is going to overestimate the price increase, and under estimate the price decreases. If they do adjust for improvements, how do they do that as there would be many different cases and scenarios that would need to be adjusted for.

XBoxBoy

[XBoxBoy]

So, since Case Shiller is coming up this week, I’m wondering does anyone know if Case-Shiller takes into account home improvements?

For instance if I buy a crummy little house in bird rock, for a million, tear it down and build a much bigger house and sell it for two million, will Case Shiller report a 100% price increase on this house? Or will Case-Shiller exclude this house because it is no longer the same thing?

If Case Shiller does not adjust for improvements, then it is going to overestimate the price increase, and under estimate the price decreases. If they do adjust for improvements, how do they do that as there would be many different cases and scenarios that would need to be adjusted for.

XBoxBoy

[XBoxBoy]

So, since Case Shiller is coming up this week, I’m wondering does anyone know if Case-Shiller takes into account home improvements?

For instance if I buy a crummy little house in bird rock, for a million, tear it down and build a much bigger house and sell it for two million, will Case Shiller report a 100% price increase on this house? Or will Case-Shiller exclude this house because it is no longer the same thing?

If Case Shiller does not adjust for improvements, then it is going to overestimate the price increase, and under estimate the price decreases. If they do adjust for improvements, how do they do that as there would be many different cases and scenarios that would need to be adjusted for.

XBoxBoy

[Author]

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