2013 real estate market

[luluwas]

actually i was speaking about the country as a whole, obviously some neighborhoods sell better than others as is always the case, location location location. but the nation for the past four years SHARED high unemployment, poor economic uncertainty, a real estate market bottoming out (the entire nation),yada yada yada, of course i was not asking about foreign country's real estate although there has been an economic crisis worldwide including real estate, banking, investment.
but if you still need me to be specific NY NJ PA CT
actually i will look elsewhere for real estate market predictions for 2013 on a website more apt to answer or point me to a report from 4th quarter showing trends.
thank you, sorry that my post upset you. it was a simple friendly question not a challenge

[middle-aged mom]

Markets are local, sometimes down to the sub division or street.

My area has not yet bottomed out.
Some areas of the U.S. are doing just fine.

When it costs the same or more to rent a comparable property, the local market is generally positioned for recovery.

[davebarnes]

Originally Posted by middle-aged mom

Markets are local, sometimes down to the sub division or street.

Thank you. Local. Not all of the northeast USA.

[MikeJaquish]

Originally Posted by luluwas

actually i was speaking about the country as a whole, obviously some neighborhoods sell better than others as is always the case, location location location. but the nation for the past four years SHARED high unemployment, poor economic uncertainty, a real estate market bottoming out (the entire nation),yada yada yada, of course i was not asking about foreign country's real estate although there has been an economic crisis worldwide including real estate, banking, investment.
but if you still need me to be specific NY NJ PA CT
actually i will look elsewhere for real estate market predictions for 2013 on a website more apt to answer or point me to a report from 4th quarter showing trends.
thank you, sorry that my post upset you. it was a simple friendly question not a challenge

Don't apologize. You did nothing wrong. Not everyone is here to help.

If you want to index a national real estate market, keep an eye on average interest rates. Money is the common component across the country, and interest rates cut across all local markets.

Really, like MAM said very well, home prices vary within blocks and streets, as well as the market vigor. There is just no way to bring national figures down to local meaning, other than by coincidence.