Source.
Subscribe to:
Post Comments (Atom)
Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Posts
The Bubble Meter Philosophy
The best way to get the housing market thriving again is to drop prices to the point where supply equals demand. Home sellers might not like it, but it's good for buyers and it's great for Realtors.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
For Realtors, the best way to make more money is to sell houses quickly, and the best way to sell houses quickly is to convince the seller to drop the price.
My Other Blog
Housing Prices Since 1970
National Housing Sites
Regional Housing Sites
- Bay Area Real Estate Blog
- Boston Bubble
- Burbed (San Francisco)
- DC Home Prices
- Flippers in Trouble (Sacramento)
- Frankly Realty (Virginia)
- Greater Northern VA Housing Bubble Fallout
- Irvine Housing Blog
- New Jersey Real Estate Report
- Patrick.net (San Francisco)
- Portland Housing
- Proffesor Piggington (San Deigo)
- Sacramento Land(ing) Blog
- Seattle Bubble
- SoCal Real Estate Bubble Blog
- Socket Site (San Francisco)
- Vancouver Condo Info
Economic Sites
Iacono Research (ad)
When will inflation-adjusted DC-area housing prices return to pre-bubble levels?
Are housing prices about to experience a double-dip?
How should the U.S. government balance the budget? (Check all that apply.)
What is your political affiliation?
What sparked the housing bubble?
Is the recession over?
Who bears responsibility for the housing bubble? (Check all that apply.)
What is your living situation?
Was subprime lending a cause or an effect of the housing bubble?
Follow Bubble Meter
Bubble Meter Archive
-
▼
2008
(518)
-
▼
July
(48)
- Glenn Beck Mocks the Realtors' Chief Economists
- Top Economic Issue: Home Prices or Gas Prices?
- The State as Mortgage Lender
- Case Shiller Index Way Down; Washington, DC Area ...
- Chicago Real Estate Prices
- Flashback 2005: Neil Barsky Asks "What Housing Bub...
- Flashback 2005: Was It a Boom or Bubble?
- Private Residential Fixed Investment Over the Past...
- Are You Fed Up? Are you Against the Housing Bailout?
- Short Sale in Silver Spring, MD: 30% Real Dollar D...
- The Unnoticed Foreclosure Victims: Renters
- New England Real Estate Prices
- Dean Baker's View of the Housing Bubble
- Oil market outlook
- Robert Shiller on Bubble Thinking
- Flashback 2005: Ken Fisher Says He's Confident The...
- Krugman on the Housing Bubble
- A cure for America's economic weakness
- Home Prices Compared to Residential Investment
- IndyMac investigated for fraud by FBI
- Florida Real Estate Prices
- Treasury seeking a "backstop" for Fannie and Fredd...
- The Bursting Housing Bubble is Causing Homeowners ...
- Will The FDIC Need to be Bailed Out?
- Graph: Bank Failures Per Year
- Financial meltdown quote of the day
- Fannie and Freddie Bailout in the Works. Sharehold...
- Oil Bubble?
- The Decline of a Subprime Mortgage Hedge Fund
- Investors Run from Fannie Mae and Freddie Mac
- Government Preparing for Possible Fannie Mae or Fr...
- Bank of America CEO Discusses Countrywide Financial
- Bank Of America Credit Card Cancelled Due their Pu...
- Wikipedia Article Needed for Lawrence Yun
- Northern California Real Estate Prices
- Dean Baker's Recommendations to Congress Regarding...
- Bubble Sphere Roundup
- Flashback 2005: Carl Steidtmann Called the Housing...
- Housing Bailout Again Under Consideration This Week
- A New Realtor Sales Pitch
- A Graph of Gas Prices Since 1919
- Money Magazine Home Price Forecasts
- How Congress Should Address the Foreclosure Crisis
- More News on Countrywide Financial
- U.S. Senate Candidate Mark Warner Opposes Affordab...
- Angelo Mozilo Leaves Countrywide Today
- Worst Recession Since World War II?
- Southern California Real Estate Prices
-
▼
July
(48)
Latest DC stats from MRIS.com. Volume is down, prices are up.
ReplyDelete2008 2007 % Change
Total Sold Dollar Volume: $ 314,079,984 $ 369,692,521 - 15.04 %
Average Sold Price: $ 571,055 $ 540,486 5.66 %
Median Sold Price: $ 425,000 $ 415,000 2.41 %
Total Units Sold: 550 684 - 19.59 %
Detach/Attach Average Sold: $ 974,178 | $ 549,724 $ 934,253 | $ 527,344 4.27 % | 4.24 %
Average Days on Market: 74 63 17.46 %
Average List Price for Solds: $ 602,328 $ 557,271 8.09 %
Avg Sale Price as a
percentage of Avg List Price: 94.81 % 96.99 %