Housing Bubble Popped but why aren't the prices reflecting it? (Orlando: real estate, rent)

[info please]

nychiefsfan, You really our one on the best on this board .Talk about honesty wow lol. your sooooooooooooooooooooooo right on .

[nychiefsfan]

Originally Posted by info please

nychiefsfan, You really our one on the best on this board .Talk about honesty wow lol. your sooooooooooooooooooooooo right on .

LOL thanks! Although I don't think a lot of people will agree with you

[LingLing]

PSL has so many houses that are empty and built by investors (or flippers). Some of those investors are from North and bought lot and build on it without even coming to check what is around it. Some investors don't check or maintain their houses while the house is on the market. With south Florida weather, I will worry about mold. When we were looking several months ago, there is a beautiful new house in south bend area. The neighbor behind the house has set up a large baseball practicing cage and a group of kids are hitting their balls aiming at the new house. I can see the horror in my realtor's eye and I am wondering why these investors think their houses worth anything. Well, we bought our new house at Tradition and we don't have to worry about mold/baseball.

[nychiefsfan]

The housing news is kinda slow today, so I'm woking on making an animated David Lereah and Lawrence Yun gif. I'll post it when I'm done

[UKOK]

[quote=nychiefsfan;895736]I dabble a little in Paint Shop Pro, so I came up with this: QUOTE]


Nice work!

[nychiefsfan]

[UKOK]

National City has a great interactive map which shows their estimate of median house value and the actual price over the periods for which they have data.

LINK

Also see the link below for National City’s Housing Market report. It's one of the best out there as it’s got a relatively long history and has been pretty accurate historically.

LINK

[MyHomeIsInOcala]

Thanks for the housing market value indicator links UKOK, they seem to be pretty close to what I would have averaged from just being in the biz for so long. housing is still grossly overpriced in many areas.

[nychiefsfan]

Originally Posted by UKOK

National City has a great interactive map which shows their estimate of median house value and the actual price over the periods for which they have data.

LINK

Also see the link below for National City’s Housing Market report. It's one of the best out there as it’s got a relatively long history and has been pretty accurate historically.

LINK

Good stuff, thanks!!!

[nychiefsfan]

Originally Posted by UKOK

Also see the link below for National City’s Housing Market report. It's one of the best out there as it’s got a relatively long history and has been pretty accurate historically.

LINK

According to the above chart, Tampa is 41st in the overvaluation market, yet NAR's Lawrence Yun recently stated that Tampa's market is ""very, very manageable. Nothing alarming in this region."

Yun is a total moron. He's David Leareah times 10.

It's also interesting to note that NONE of the Florida cities are in the negatives on that chart.