I don’t see prices coming down at all lately

[fredo4]

I’m wondering where all of the downward movement in housing prices is. I know the case schiller graphs show homes decreasing in value, but I haven’t seen asking prices change much in the last 6 months. The houses that we’ve been looking at in Carlsbad and Oceanside just seem to be sitting there for months on end at the same inflated prices.
Are houses moving more quickly and prices decreasing in other areas of the county?

[XBoxBoy]

Stop looking at asking prices and the places that sit there for months on end. Look at the closed sales and see how they are trending.

I don’t watch Carlsbad or Oceanside, but instead La Jolla. I can tell you that when I look at asking prices I see lots of sellers that are holding out and will continue to hold out. But when I look at what closes, it’s a different picture. The stuff that is selling is much lower priced and much better value. So, forget the asking prices of those that refuse to take a loss. Look at the closed sales if you want to see where the market is trading at.

XBoxBoy

[XBoxBoy]

Stop looking at asking prices and the places that sit there for months on end. Look at the closed sales and see how they are trending.

I don’t watch Carlsbad or Oceanside, but instead La Jolla. I can tell you that when I look at asking prices I see lots of sellers that are holding out and will continue to hold out. But when I look at what closes, it’s a different picture. The stuff that is selling is much lower priced and much better value. So, forget the asking prices of those that refuse to take a loss. Look at the closed sales if you want to see where the market is trading at.

XBoxBoy

[XBoxBoy]

Stop looking at asking prices and the places that sit there for months on end. Look at the closed sales and see how they are trending.

I don’t watch Carlsbad or Oceanside, but instead La Jolla. I can tell you that when I look at asking prices I see lots of sellers that are holding out and will continue to hold out. But when I look at what closes, it’s a different picture. The stuff that is selling is much lower priced and much better value. So, forget the asking prices of those that refuse to take a loss. Look at the closed sales if you want to see where the market is trading at.

XBoxBoy

[XBoxBoy]

Stop looking at asking prices and the places that sit there for months on end. Look at the closed sales and see how they are trending.

I don’t watch Carlsbad or Oceanside, but instead La Jolla. I can tell you that when I look at asking prices I see lots of sellers that are holding out and will continue to hold out. But when I look at what closes, it’s a different picture. The stuff that is selling is much lower priced and much better value. So, forget the asking prices of those that refuse to take a loss. Look at the closed sales if you want to see where the market is trading at.

XBoxBoy

[XBoxBoy]

Stop looking at asking prices and the places that sit there for months on end. Look at the closed sales and see how they are trending.

I don’t watch Carlsbad or Oceanside, but instead La Jolla. I can tell you that when I look at asking prices I see lots of sellers that are holding out and will continue to hold out. But when I look at what closes, it’s a different picture. The stuff that is selling is much lower priced and much better value. So, forget the asking prices of those that refuse to take a loss. Look at the closed sales if you want to see where the market is trading at.

XBoxBoy

[sdrealtor]

What do you expect to see. Money falling from the skies. Its happening but you need to focus on whats selling rather than what is not selling as xboxboy pointed out. The problem is you are likely looking at the nicer properties, you need to look at the lousy houses. Thats where you’ll find what you are looking for.

[sdrealtor]

What do you expect to see. Money falling from the skies. Its happening but you need to focus on whats selling rather than what is not selling as xboxboy pointed out. The problem is you are likely looking at the nicer properties, you need to look at the lousy houses. Thats where you’ll find what you are looking for.

[sdrealtor]

What do you expect to see. Money falling from the skies. Its happening but you need to focus on whats selling rather than what is not selling as xboxboy pointed out. The problem is you are likely looking at the nicer properties, you need to look at the lousy houses. Thats where you’ll find what you are looking for.

[sdrealtor]

What do you expect to see. Money falling from the skies. Its happening but you need to focus on whats selling rather than what is not selling as xboxboy pointed out. The problem is you are likely looking at the nicer properties, you need to look at the lousy houses. Thats where you’ll find what you are looking for.

[sdrealtor]

What do you expect to see. Money falling from the skies. Its happening but you need to focus on whats selling rather than what is not selling as xboxboy pointed out. The problem is you are likely looking at the nicer properties, you need to look at the lousy houses. Thats where you’ll find what you are looking for.

[denverite]

There are some unflattering opinions on Zillow, but at the risk of invokinr ire, I’d like to mention one of my data sources. Zillow has a chart that depicts historical home values (short and longer term) by zip, city, county, etc. I’m somewhat less skeptical of zip/city values than individual “Zestimates”, however the trend is clearly down. I haven’t found out exactly what the data is comprised of, weighting used, SFR/multi-family contribution, or whether the data is actual sales or a composition of “Zestimates”. It would be more convincing if the basis were actual sales and not “Zestimates”, but the trends seem to model current data from other sources. Also, it’s probably a couple months out of date, by the time it makes the charts.

[denverite]

There are some unflattering opinions on Zillow, but at the risk of invokinr ire, I’d like to mention one of my data sources. Zillow has a chart that depicts historical home values (short and longer term) by zip, city, county, etc. I’m somewhat less skeptical of zip/city values than individual “Zestimates”, however the trend is clearly down. I haven’t found out exactly what the data is comprised of, weighting used, SFR/multi-family contribution, or whether the data is actual sales or a composition of “Zestimates”. It would be more convincing if the basis were actual sales and not “Zestimates”, but the trends seem to model current data from other sources. Also, it’s probably a couple months out of date, by the time it makes the charts.

[denverite]

There are some unflattering opinions on Zillow, but at the risk of invokinr ire, I’d like to mention one of my data sources. Zillow has a chart that depicts historical home values (short and longer term) by zip, city, county, etc. I’m somewhat less skeptical of zip/city values than individual “Zestimates”, however the trend is clearly down. I haven’t found out exactly what the data is comprised of, weighting used, SFR/multi-family contribution, or whether the data is actual sales or a composition of “Zestimates”. It would be more convincing if the basis were actual sales and not “Zestimates”, but the trends seem to model current data from other sources. Also, it’s probably a couple months out of date, by the time it makes the charts.

[denverite]

There are some unflattering opinions on Zillow, but at the risk of invokinr ire, I’d like to mention one of my data sources. Zillow has a chart that depicts historical home values (short and longer term) by zip, city, county, etc. I’m somewhat less skeptical of zip/city values than individual “Zestimates”, however the trend is clearly down. I haven’t found out exactly what the data is comprised of, weighting used, SFR/multi-family contribution, or whether the data is actual sales or a composition of “Zestimates”. It would be more convincing if the basis were actual sales and not “Zestimates”, but the trends seem to model current data from other sources. Also, it’s probably a couple months out of date, by the time it makes the charts.

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