Graphs of average sale price and volume of single family homes Inlet Beach to Destin

[InletBchDweller]

:shock:....this looks amazing like the performance chart of my stock portfolio.


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ain't that the truth

I told you those Crox were trendy. :funn:

LMAO as I am wearing them right now!

 

[SHELLY]

I thought you were King Midas?

...the bit in GLD is holding its own; that and being overweight in cash and holding zero % in postage-stamp-sized-bubble-priced lots and condos is helping to keep the pain at bay.

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[JoshMclean]

Hey Josh please be a saint and post the graphs for condos and land for the real shock and awe portion of the show.

RayRay I think the height of the boom was second quarter 2004 to second quarter 2005. (not 05-06)

I will work on several more and have them up over the weekend. I am slow and it takes me a while to put them together, especially for that long of a span.

 

[Busta Hustle]

Thanks Josh. Great info that you are providing.

 

[Matt J]

...the bit in GLD is holding its own; that and being overweight in cash and holding zero % in postage-stamp-sized-bubble-priced lots and condos is helping to keep the pain at bay.

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I thought you meant postage stamps for a minute. Clark Howard was on the other day pointing out that "Forever Stamps" are currently the safest and largest return on investment. Something around 5%. The holding costs shouldn't be to high either unless your junk drawer or desk drawer are full.

 

[JoshMclean]

Here is the monthly sales chart for condos.

 

[JoshMclean]

Here is the average sales price on condos.

 

[SHELLY]

Here is the monthly sales chart for condos/Here is the average sales price on condos.

Thanks Josh.

And to think that at every data point on those charts the NAR repeated: "Now's a Great Time to Buy!...Now's a Great Time to Buy!...Now's a Great Time to Buy!...Now's a Great Time to Buy!......:roll:

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[TooFarTampa]

it looks like avg prices down around 60% off the highs. what i find interesting is why did home sales plummet to 60-80 per month during the height of the boom in 2005-2006 coming off as high as 200 plus ? also interesting is home sales have really been sideways for 2 plus years in the 40-80 per month range

The market practically ground to a halt right before Dennis hit in July of '05. Tipping point ...

 

[TooFarTampa]

I see SHELLY joined about the same time to tell us what's what.