
10-12-2007, 07:36 AM
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Location: Home is where the heart is
15,402 posts, read 27,905,196 times
Reputation: 19086
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I know the prices are falling in Las Vegas and some of the Los Angeles suburbs (not falling much yet at the beach, rats!). Where else?
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10-12-2007, 08:16 AM
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42,727 posts, read 28,577,935 times
Reputation: 14333
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Prices actually went up 7.46% the first quarter of 2007 in my county.
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10-12-2007, 08:38 AM
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Location: NJ
12,285 posts, read 34,542,100 times
Reputation: 5298
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Phoenix, Sacramento, Orlando, Palm Beach County FL come to mind, basically places with skyrocketing housing prices over the past 3-4 years coupled with median incomes that can't sustain prices at those levels.
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10-12-2007, 11:16 AM
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Location: Piedmont, CA
36,050 posts, read 63,955,925 times
Reputation: 20164
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11-county San Francisco Bay Area, Latest Data from The California Association of Realtors
Aug 07 $832,760 Median Price, Single-Family Home
Aug 06 $757,480 Median Price, Single-Family Home
+9.9%
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10-12-2007, 11:26 AM
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Location: Home is where the heart is
15,402 posts, read 27,905,196 times
Reputation: 19086
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Where do you live D.C.?
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10-12-2007, 11:30 AM
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12,867 posts, read 14,381,160 times
Reputation: 4453
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florida has seen drastic drops in property value, as has las vegas. basically any area with significant growth in the last 3-4 years is in trouble now.
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10-12-2007, 12:50 PM
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Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,332 posts, read 24,976,570 times
Reputation: 3976
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Quote:
Originally Posted by 18Montclair
11-county San Francisco Bay Area, Latest Data from The California Association of Realtors
Aug 07 $832,760 Median Price, Single-Family Home
Aug 06 $757,480 Median Price, Single-Family Home
+9.9%
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Expensive. :-)
For Atlanta:
Trend 10/08/2007 1 month 3 month 6 month 12 month
Median Price $215,000 0.0% -1.8% 0.0% +2.4%
Inventory 118,626 -0.3% +1.4% +12.2% +24.6%
Source: HousingTracker.net
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10-12-2007, 12:54 PM
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Location: Piedmont, CA
36,050 posts, read 63,955,925 times
Reputation: 20164
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Quote:
Originally Posted by rcsteiner
Expensive. :-)
For Atlanta:
Trend 10/08/2007 1 month 3 month 6 month 12 month
Median Price $215,000 0.0% -1.8% 0.0% +2.4%
Inventory 118,626 -0.3% +1.4% +12.2% +24.6%
Source: HousingTracker.net
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215K?

Im jealous.
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10-12-2007, 03:31 PM
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Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,332 posts, read 24,976,570 times
Reputation: 3976
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Quote:
Originally Posted by 18Montclair
215K?

Im jealous.
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Housing is inexpensive here. We paid $229k for this (http://www.visi.com/~rsteiner/house/winter.html - broken link) in July 2005, just three miles outside the I-285 perimeter.
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10-12-2007, 03:40 PM
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Location: Piedmont, CA
36,050 posts, read 63,955,925 times
Reputation: 20164
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Quote:
Originally Posted by rcsteiner
Housing is inexpensive here. We paid $229k for this (http://www.visi.com/~rsteiner/house/winter.html - broken link) in July 2005, just three miles outside the I-285 perimeter.
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wow...that's gorgeous. Something like that around here would cost about 10 times that amouunt-at least. Its not hard to understand the logic of equity-rich Californians wanting a big house in less expensive locales.
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