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Replies (10)
- Bitter Renter Ron
- Contributions:1402
Zindex:
Bay City, MI - $102,000
Rochester, NY - $127,000
State College, PA - $244,000
Spartanburg, SC - $102,000
Winston, NC - $137,000
vs.
Los Angeles, CA - $444,000
San Francisco, CA - $567,000
I'm going to guess that they were not way overpriced to begin with.
- klarek the realist
- Contributions:7044
"I'm going to guess that they were not way overpriced to begin with."
Agreed.
- Lady Chattel
- Contributions:3110
Survey Says: 90% of all surveyed think that BRR is right!!! DING DING DING.
It will be interesting to see the fiqures for the same places in 60-90 days. Those home values seem pretty low after an increase.
- 2 Big 2 Fail
- Contributions:0
2 cities that saw the biggest gains are both in NY. Hmmm, looks like the doomers were wrong about their prediction of us going to hell in a handbasket.
- Bette Defarm
- Contributions:4697
"Hmmm, looks like the doomers were wrong about their prediction of us going to hell in a handbasket."
2big,
I hope you are all about the humor because for some bizarre reason, that completely escapes me and my husband, I want you to be okay at the end of this mishegas.
2big,
I hope you are all about the humor because for some bizarre reason, that completely escapes me and my husband, I want you to be okay at the end of this mishegas.
- Bette Defarm
- Contributions:4697
*Don't worry, it's just a fleeting wish, not a scary "Oh no, some weird person has focused on me." We started posting at the same time and we are both Jewish, 30ish and from the tri-state.*
- Aldreth
- Contributions:4226
"I hope you are all about the humor because for some bizarre reason, that completely escapes me and my husband, I want you to be okay at the end of this mishegas."
---screw that, I hope he burns. <evil laugh> :)
---screw that, I hope he burns. <evil laugh> :)
Wicker Park in Chicago is doing exceptionally well. They are seeing appreciation like what you'd expect in an average market. Builders are stll going strong, companies are lining up to open stores there- same with restaurants, and it's very close to both downtown and the X-way. I couldn't believe the numbers when I first saw them but as it turned out I had a client who just contracted there and we actually ran the numbers from scratch ourselves. It turns out the figures we had seem conservative. 20% in the last 5 years with 12% in the last 2. Not to mention, all the data points to an even stronger uptick in 2009. Wicker Park folks, it's not just a movie title anymore.
- NTETS, "Mr Caveat"
- Contributions:6436
my thought is that people in NY arent worried about property taxes doubling like the rest of the country... i mean really how could they get any higher? 0.o that and i think everyone agrees that 1) college students and 2) New Yorkers are quite inept at arriving at any kind of rational conclution about living within one's means 0.o
Bright Spots in the Real Estate Market - Why?
In Zillow's Q3 Real Estate Market Reports released last week, Ithaca, NY saw the greatest gains in home values nationwide, up 5.6& year over year. Other bright spots included:
Any local perspective as to why these places are seeing an increase in home values?
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