Thursday, February 14, 2008

DataQuick for Jan 08

Dataquick has put up the LATimes sponsored SoCal home prices by zipcode here.

The numbers are just so wild you have look for yourself. Whole cities with no sales, mature cities with 3-5 sales but prices off 40%. The word is freefall.


Update:there's a local realtor who provides a very detailed breakdown for Camarillo.

9 comments:

Sweet Cashback said...

Here people b!tch about the lack of new posts and then I get an uncontested FIRST ????

Sweet Cashback said...

AND I could even add a MURST and nobody would notice it!

Property Flopper said...

I was in a meeting, I missed the first. :(

Darned clients! I mostly complain about how much we're paying for this blog and not getting hourly updates. Oh wait, that's right...

Funny Circus Bears said...

Not only freefalling sales volume, but a huge percentage were forclosures.

Pure comedy.

bohica said...

As I was leaving NYC today at 2:40, I heard a radio ad touting the "employee-pricing" and finance packages being offered by K. Hovnanian. A large inventory must be sitting.
BTW, K-Hov used H1B labor in NJ, undercutting any domestic living-wage workers by about 50%.
Fuc* K-Hov and those like them.

Jim the Realtor said...

K-Hov is offering 6% commission to realtors to sell their new junk.

w said...

Can I buy a house with my credit card? I heard on the radio if I owe more than $10,000 it is my RIGHT to renegotiate for pennies on the dollar.

Amazing, in the Santa Rosa Valley where one acre "ranches" are listed on average for $1,347,000 only one closed last month.

Lou Minatti said...

Ya'll on the left coast get all the bargains. Here, all we get for buying a new overpriced house is a lousy $5,000 Best Buy gift card.

Buzz Saw said...

http://youtube.com/watch?v=r-wg3vwpMGQ