tag:blogger.com,1999:blog-4622411633995176328.post7604028502640721353..comments2023-09-29T04:22:59.719-07:00Comments on Average Buyer: Status Check: Sacramento Metro Median Home PriceBuying Timehttp://www.blogger.com/profile/04651516505789196067noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4622411633995176328.post-79534820771903241632009-09-11T08:53:53.546-07:002009-09-11T08:53:53.546-07:00Tia - By my interpretation, it could mean two thin...Tia - By my interpretation, it could mean two things, prices are still a little frothy, or the mix of homes in a neighborhood has changed (higher end homes built since Aug 2002), or a combination of both. <br /><br />Glad to hear Zillow is finally bringing good tidings.Buying Timehttps://www.blogger.com/profile/04651516505789196067noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-58894375318329203062009-09-11T08:42:37.939-07:002009-09-11T08:42:37.939-07:00BT- What does it mean if the minimum was before t...BT- What does it mean if the minimum was before the bubble burst? I'm not sure how to interpret that piece of the chart.<br /><br />As a sidenote, for the first time in a few years zillow emailed me to say that my house had gone up .5% in the last month a few days ago. At that rate only 6 more years to get back to where we started. Ha.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-76905529484125482862009-09-11T07:45:50.151-07:002009-09-11T07:45:50.151-07:00Regarding the green zips, my thought is to look mo...Regarding the green zips, my thought is to look more at the total $$ drop (hence I sorted on that). I noticed on housing tracker that the 25th, 50th and 75th percentile tend to drop at different percentages but by approximately the same dollar amount. i.e. 200k is 1/2 of 400k, but only 1/3 of 600k...even though it is the same $$. People budget with $$ not %. <br /><br />Regarding Granite Bay - Hard to say, the low was in Dec of 08 for price (not sure about sq ft). I am sure mix has something to do with it. But at the same time, there are a lot of other zips who have now hit their low (not to say another one couldn't be in the future). I would look at rent parity, since the pricing data is all over the place, and NODs to see how much price pressure there will be in the future.Buying Timehttps://www.blogger.com/profile/04651516505789196067noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-74198011439614804222009-09-10T22:00:04.211-07:002009-09-10T22:00:04.211-07:00Great data, thanks. I noticed that in some zip cod...Great data, thanks. I noticed that in some zip codes as Granite Bay the price/sqf has gone up this year. Are the prices recovering in some areas, or is this a effect of change in mix (lot size, age, finishing, amenities, etc)?radiophilejapanhttps://www.blogger.com/profile/13793862557207694007noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-90036417647569675242009-09-10T16:19:13.580-07:002009-09-10T16:19:13.580-07:00So great Wise One ... does this mean that the gree...So great Wise One ... does this mean that the green zips will catch up with the other zips? Or, does it mean that the green zips were so expensive to start with (in relative terms), there wasn't as much speculative frenzy and thus, less decline from the peak? I guess it could mean that more people are moving from North Highlands to El Dorado Hills, but I kinda doubt that.<br /><br />Actually, I recall the decline in 1990 and at least as for EDH and Shingle Springs, prices didn't decline (peak to trough) with the same level of intensity that they did in areas of Sacramento.<br /><br />Location, location, location.<br /><br />Thanks for all the hard work!Paulhttps://www.blogger.com/profile/15634210039124468886noreply@blogger.comtag:blogger.com,1999:blog-4622411633995176328.post-18049010149796615772009-09-10T12:57:41.191-07:002009-09-10T12:57:41.191-07:00Thanks for sharing. This is very informational.Thanks for sharing. This is very informational.Alek Davishttps://www.blogger.com/profile/00436676606581042455noreply@blogger.com