[PadreBrian]

You also have to factor in the realtor.com games. The laughable thing about that is that when you use realitor.com and zoom into a known area with houses for sale only half of them are listed on realtor.com. Realtors also play tricks by having the seller remove from market for a few days, then putting it back on. They also just rotate the houses around from listing/non-listing. It’s a lil game to prevent people from low-balling…ie paying what the property is really worth.

But, if you are a realtor, then you get to see all the listings no matter the rotation.

[PadreBrian]

cyphire, your graph is what other graphs are saying if you look at the 2002 level on your graph you can see that is the high that should be today’s prices adjusted for inflation. Draw a line from 1900 to 2001 and you can see a natural slow rise in home prices when adjusted to inflation.

It is also figures the fed will keep printing new funny money just to keep the interest rates low..yes this also causes inflation to rear it’s ugly head. This whole market is a mess.

[PadreBrian]

cyphire, your graph is what other graphs are saying if you look at the 2002 level on your graph you can see that is the high that should be today’s prices adjusted for inflation. Draw a line from 1900 to 2001 and you can see a natural slow rise in home prices when adjusted to inflation.

It is also figures the fed will keep printing new funny money just to keep the interest rates low..yes this also causes inflation to rear it’s ugly head. This whole market is a mess.

[PadreBrian]

cyphire, your graph is what other graphs are saying if you look at the 2002 level on your graph you can see that is the high that should be today’s prices adjusted for inflation. Draw a line from 1900 to 2001 and you can see a natural slow rise in home prices when adjusted to inflation.

It is also figures the fed will keep printing new funny money just to keep the interest rates low..yes this also causes inflation to rear it’s ugly head. This whole market is a mess.

[PadreBrian]

yep.

That house should go back to the 2002 levels. 300k.

[PadreBrian]

yep.

That house should go back to the 2002 levels. 300k.

[PadreBrian]

yep.

That house should go back to the 2002 levels. 300k.

[PadreBrian]

That hoa fee isn’t bad. But that 800k house should come back to 2002 levels…$560,000 in the next year.

[PadreBrian]

That hoa fee isn’t bad. But that 800k house should come back to 2002 levels…$560,000 in the next year.

[PadreBrian]

That hoa fee isn’t bad. But that 800k house should come back to 2002 levels…$560,000 in the next year.

[PadreBrian]

No one here is looking for 1989 levels. 2002 prices before the liar loans, zero down on jumbo mortgages that flippers loved sooooo much and drove the housing prices through the roof, is where things will settle.

[PadreBrian]

No one here is looking for 1989 levels. 2002 prices before the liar loans, zero down on jumbo mortgages that flippers loved sooooo much and drove the housing prices through the roof, is where things will settle.

[PadreBrian]

No one here is looking for 1989 levels. 2002 prices before the liar loans, zero down on jumbo mortgages that flippers loved sooooo much and drove the housing prices through the roof, is where things will settle.

[PadreBrian]

This is also a good time to remind people not to give first, last and deposit on a house that looks like a flipper owns it. That baby is about to foreclose with you in it, and you are out 6-8k.

[PadreBrian]

This is also a good time to remind people not to give first, last and deposit on a house that looks like a flipper owns it. That baby is about to foreclose with you in it, and you are out 6-8k.

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