Instead of an attendance poll, I thought it would be fun to have folks go on record with their guess as to how spring will shape up (inspired by Calculated Risk).
So I will buy a drink of choice for the person with the RSVP closest to inventory as well as the person closest to median price (as measured by housing tracker on the week of April 7th). Just to make sure we are all on the same page, as of 1/21/2008 inventory is at 15,190 and median prices is at $324,900.
My guess, inventory at 16,780 and median $317,300.
So please comment/RSVP with your estimate for our get together at Dos in April. Those not coming can still participate but, please indicate that your are not RSVPing.
I will put a link to this posting on the sidebar, in case you want to change your estimate. Estimates recieved after the 30th won't count toward drinks.
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17 comments:
17,000 inventory and $322,500 price.
(I had to change the inventory, due to my overly-optimistic count).
14,800 Inventory and 294,000 median ask.
17,800 inventory and $309,000 median
16,000, and 304,500
20,000, and 299,999
Oops, I'd like to change mine, my inventory is too high for April when everyone and their mom will just be beginning to list their houses, bad flips, investment.
18,000 and I'll stick with 299,999
I'm with the pessimists: April 2008 inventory = 17,900; median asking price = $290K.
Sorry I can't make it to the party.
18,130 inventory and $289,500 median ask price.
I thought I had an educated guess and then inventory in my search area exploded so (relsiting from last summer plus new homes) and now I have to rethink my guess. I don't think I was pessimistic enough.
Who really cares at this point? you guys are going to drive yourself nuts thinking about this crap.Get over it and buy.
Earl,
you first >; )
18,173.5 and $293,491.67. And I'm pretty confident about those numbers!
Sorry, no RSVP for now.
no guess from gwyn?
no guess from gwyn?
no guess from gwyn?
18,000 and 310,000
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