patrick.net

5 minutes until darrel and his 5 other screen names claim that the opposite is actually happening! lol

its actually reasonable to exclude distressed sales. i mean we all know the games with short sales (bro in law is listing agent and only submits offers from other friends/family, etc.)

an actual person with equity selling will normally take the highest offer - but with distressed sales its basically the governemnt/banking cartel letting the process run its course and be gamed the way it always is.

Roberto is right. The Cartel is winning and prices are rising.

the discourse on this board is like watching children argue sometimes.

i guess we have to put up with it - the alternative are the RE agent/site boards where they delete any negative comments.

I understand why the JBR NINJA crowd is angry at rising prices but they should move on to other pursuits other than posting here. (however endless posting and harrasment are one thing they CAN afford!)

robertoaribas says

war, you are a damn idiot... you can't read! please! quit embarrasing yourself on here!!!!!

"do not feed the trolls"

I have to admit that "excluding distressed sales" sounds very much like "excluding low prices".

Yes, you can always find that prices are high if you exclude low prices, but that isn't saying much.

I admire the abilities of all of you that create those graphics and manipulate them with your own writing and such. I have no idea how to do that. It's pretty neat.

I have to admit that "excluding distressed sales" sounds very much like "excluding low prices".
Yes, you can always find that prices are high if you exclude low prices, but that isn't saying much.

The point is that distressed sales are almost a market in themselves. And that they don't seem to be affecting the sales price of non-distrissed houses. So, if you are in the non-distressed sales market, then you those stats are most relevant. apples to apples.

Maybe the prices are just either

a) Keeping up with the inflation due to Helicopter Ben. Therefore not really the case that prices are going up.

b) Just a short-term sucker's rally & false manipulated artificial value. Sell now, therefore.

Only time will tell.

Prices are finally on the rise. Good news.

War says

Whatever you do, DO NOT buy housing.

Spread the word.

This is the denial stage.

I believe the natinoal housing price is increasing (averagely.) However, our local market still looks fairly weak. Does anybody as a state breakdown?