patrick.net

  new post
register or log in

#investing   #housing   #politics   #humor  
10,753 registered users, 4 online now: Ceffer, FP, justme, WaPoIsHitler Lipsovitch

Bay Area house prices and sales down

By tovarichpeter (1/1 = 100% civil)   2013 Sep 13, 4:09am   ↑ like   ↓ dislike   1,090 views   4 comments   watch (0)   share   quote  

http://www.latimes.com/business/money/la-fi-mo-bay-area-home-20130913,0,5096845.story

San Francisco Bay Area home prices and sales fell in August from a month earlier, as the red-hot housing market in this tech-flush region showed some signs of slowing in late summer. The median home price stood at $540,000 in August, down 3.9% from July, DataQuick said Friday.

#housing

Comments 1-4 of 4     Last »

1   errc (55/55 = 100% civil)   2013 Sep 13, 4:11am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

Preposterous!

2   errc (55/55 = 100% civil)   2013 Sep 13, 4:13am  ↑ like (2)   ↓ dislike   quote   top   bottom   home   share  

Adjust for seasonality, and everyone knows that this means prices are moonshotting.

It appears you've been infected with some sort of virus, tovarichpeterbot

3   curious2 (87/87 = 100% civil)   2013 Sep 13, 5:23am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

errc says

Adjust for seasonality....

From the linked article, "August’s median in the nine county area is still a shocking 31.7% higher than last year."

Alas tovbot is programmed only to scan and post headlines, not to read or analyze facts.

4   smaulgld (2/2 = 100% civil)   2013 Sep 13, 7:26am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Bound to happen. SF has been on an insane tear but it is a unique market-can draw few conclusions about housing nationwide from SF

Comments 1-4 of 4     Last »

Watch comments by email

home   top   users   about   contact  
10 reasons it's a terrible time to buy   8 groups who lie about the housing market   37 bogus arguments about housing  
patrick's 40 proposals   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   patrick.net on twitter   random post  
please recommend patrick.net to your in-laws