Here’s a slice of Orange County’s coastal real estate market we created with data from Trulia.com. Numbers are median sale prices, year over year, February to April:
Anyone see any surprises here? Share in the comments!
Those numbers don’t tell the whole story. Almost nobody is selling that doesn’t have to. Most are distress sales. An entire segment, the elective home seller, is sitting out.
minum wages $8.25 and the economy downturn to be able to purchase a house in huntington beach a family income use be some where 120K a years. it must be joking.
Keep in mind that when higher priced homes sell in a given period of time, it can skew the overall number higher. I’d like to see some apples-to-apples comparisons in the last year. I think we might see a different story.
As long there’s NO control in real estate, they(realtors) would come up with Numerical aberration, just to keep dragging their feet in partnership with Banks.
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Surf City home "mood ring"
For the 22 business days ending Oct. 16 -- DataQuick's freshest stats -- we tap into Surf City's homebuying mood with how local ZIPs fare vs. a year ago! ZIPs with GAINING median prices and sales areGREEN while MIXED trends are YELLOW and FALLING prices and sales are RED!
Those numbers don’t tell the whole story. Almost nobody is selling that doesn’t have to. Most are distress sales. An entire segment, the elective home seller, is sitting out.
Just an example of the horrible times that are coming to California
http://www.latimes.com/news/local/la-me-budget15-2009may15,0,6045334.story
minum wages $8.25 and the economy downturn to be able to purchase a house in huntington beach a family income use be some where 120K a years. it must be joking.
Does anybody want to take a wild guess as to what this says? Anybody?
Keep in mind that when higher priced homes sell in a given period of time, it can skew the overall number higher. I’d like to see some apples-to-apples comparisons in the last year. I think we might see a different story.
As long there’s NO control in real estate, they(realtors) would come up with Numerical aberration, just to keep dragging their feet in partnership with Banks.