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Josh's June real estate graphs
- Thread starter 30ashopper
- Start date
TooFarTampa
SoWal Insider
Very interesting charts. It appears that prices have fallen appropriately and might actually rise a bit once the inventory clears out. Looks like that will take awhile though.
30ashopper
SoWal Insider
I did some projections on the average price, if you project out from the 300K average of 2001 to now with 3-5% annual appreciation, the current average matches up perfectly. So generally the correction in home prices for those that sell is almost complete. I'm curious though if we will see an over correction before things level out.
30ashopper
SoWal Insider
I think it was a combination of the two counties.
What did you decide to buy Lynie and and when? Congrats on your purchase, whatever it was.
Lynnie
SoWal Insider
I think it was a combination of the two counties.
What did you decide to buy Lynie and and when? Congrats on your purchase, whatever it was.
A cottage in 2002, I think.
, maybe '03. I think the correction has over corrected slightly. However, sales are probably slow due to the tightness of money. Am hearing cash sales have increased in Walton Co.
SHELLY
SoWal Insider
I'd take that bet. Add higher unemployment; tight credit; more foreclosures; blown-out 401k's; non-retiring Baby Boomers; and subtract "Vacation Homes for Fun and Profit" and the sum total = over correction.
Miss Kitty
Meow
Add in hnooe's dream of much higher taxes on a certain population and voila...