Top tier SD RE has dropped 5.8% from peak . . . overall SD RE dopped 9.4%

[raptorduck]

The index uses sales pairs, two actual sales of the same home over time.

[raptorduck]

The index uses sales pairs, two actual sales of the same home over time.

[Fearful]

they can “pin” a given home into one category even if the price changes

Presumably the categorizations are based on the last sale price of the house.

[Fearful]

they can “pin” a given home into one category even if the price changes

Presumably the categorizations are based on the last sale price of the house.

[Fearful]

they can “pin” a given home into one category even if the price changes

Presumably the categorizations are based on the last sale price of the house.

[Fearful]

they can “pin” a given home into one category even if the price changes

Presumably the categorizations are based on the last sale price of the house.

[drunkle]

thanks rich. your explanation clears things up a bit, particularly the fact that they’re using same home sales.

as for the distribution curve, i agree that that’s probably what they’re doing. it’s just weird and seems inaccurate or at least skewed. to have such large price spreads in the low and high end, particularly at the high end, would seem to dilute the data.

edit: rather, instead of dilute the data, dilute the results…

[drunkle]

thanks rich. your explanation clears things up a bit, particularly the fact that they’re using same home sales.

as for the distribution curve, i agree that that’s probably what they’re doing. it’s just weird and seems inaccurate or at least skewed. to have such large price spreads in the low and high end, particularly at the high end, would seem to dilute the data.

edit: rather, instead of dilute the data, dilute the results…

[drunkle]

thanks rich. your explanation clears things up a bit, particularly the fact that they’re using same home sales.

as for the distribution curve, i agree that that’s probably what they’re doing. it’s just weird and seems inaccurate or at least skewed. to have such large price spreads in the low and high end, particularly at the high end, would seem to dilute the data.

edit: rather, instead of dilute the data, dilute the results…

[drunkle]

thanks rich. your explanation clears things up a bit, particularly the fact that they’re using same home sales.

as for the distribution curve, i agree that that’s probably what they’re doing. it’s just weird and seems inaccurate or at least skewed. to have such large price spreads in the low and high end, particularly at the high end, would seem to dilute the data.

edit: rather, instead of dilute the data, dilute the results…

[schizo2buyORnot]

Prices in the top 1/3 are now at March, 2005 prices.

Minor Correction . . .

The top 1/3 . . . As of Aug, 07 index # is at 211.48 (not 226.73) for a drop of 5.8%

The original post in referring to the top 1/3 of market erroneously had the Aug, 07 index # (226.73) which is the # for the ENTIRE SD market, not the top 1/3 index # (211.48). The 5.8% total drop was and is correct.

In search of a crystal ball . . . .

[schizo2buyORnot]

Prices in the top 1/3 are now at March, 2005 prices.

Minor Correction . . .

The top 1/3 . . . As of Aug, 07 index # is at 211.48 (not 226.73) for a drop of 5.8%

The original post in referring to the top 1/3 of market erroneously had the Aug, 07 index # (226.73) which is the # for the ENTIRE SD market, not the top 1/3 index # (211.48). The 5.8% total drop was and is correct.

In search of a crystal ball . . . .

[schizo2buyORnot]

Prices in the top 1/3 are now at March, 2005 prices.

Minor Correction . . .

The top 1/3 . . . As of Aug, 07 index # is at 211.48 (not 226.73) for a drop of 5.8%

The original post in referring to the top 1/3 of market erroneously had the Aug, 07 index # (226.73) which is the # for the ENTIRE SD market, not the top 1/3 index # (211.48). The 5.8% total drop was and is correct.

In search of a crystal ball . . . .

[schizo2buyORnot]

Prices in the top 1/3 are now at March, 2005 prices.

Minor Correction . . .

The top 1/3 . . . As of Aug, 07 index # is at 211.48 (not 226.73) for a drop of 5.8%

The original post in referring to the top 1/3 of market erroneously had the Aug, 07 index # (226.73) which is the # for the ENTIRE SD market, not the top 1/3 index # (211.48). The 5.8% total drop was and is correct.

In search of a crystal ball . . . .

[Author]

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