Zillow Advice: Housing Market - Is your community bouncing back from the housing downturn? http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ Zillow Advice | Zillow Real Estate Someone isn't "Bouncing Back"Case-Shiller ... http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ Someone isn't "Bouncing Back"<br/><br/><p>Case-Shiller home-price index hits new low</p><br/>"An index of home prices in the nation's largest American cities plumbed new depths in March, pushing past a low set during the worst of the Great Recession."..<a rel="nofollow" href="http://latimesblogs.latimes.com/money_co/2011/05/case-shiller-index-shows-home-prices-slide-into-double-dip.html">Los Angeles Times..May 31, 2011</a><br/><br/><br/>"We were just rated #1 in the country for annual price appreciation over last year, 25.7%"<br/><br/>Ya talkin about this...<br/><br/>Two Florida markets saw the highest jumps: median list price in Fort Myers-Cape Coral rose 25.7 percent to $225,00? <br/><a rel="nofollow" href="http://www.inman.com/news/2011/05/23/10-markets-with-fastest-rising-real-estate-prices">Link</a><br/><br/>So how are Sales numbers YOY...Sales Price YOY<br/>("But in Fort Myers-Cape Coral, prices are rising along with sales volumes. Existing single-family home sales grew 3% by volume during the year there, from 1,473 closings to 1,520, and the median price went up 17%, from $101,500 to $118,900." <a rel="nofollow" href="http://www.review.net/section/detail/5-20-2011-fort-myers-recovery-central/">Link</a>) <br/><br/><br/>How many homes are listed? This year-Last Year?<br/>Actual Sales Price avg vs Listing Price Avg<br/>Are more Higher-end homes/REO's now listed than last year which raises the Med-price average?<br/><br/>People who bought last year can now figure their property appreciated 25.7% in the Local Fort Meyers-Cape Coral Fl. market?<br/><br/><br/><br/> Wed, 01 Jun 2011 18:18:00 GMT http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ 2011-06-01T18:18:00Z My market sounds much the ... http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ My market sounds much the same. The high end is still falling and the outlying or less desirable areas are too. <br/><br/>Starter homes and well priced middle income homes seem to be soft, but the downward trend seems to be slowing overall. It will be interesting to see how things look at the end of summer. Wed, 01 Jun 2011 17:43:00 GMT http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ 2011-06-01T17:43:00Z The market in the Phoenix ... http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ The market in the Phoenix metro has stabilized and in price ranges we are seeing a shortage of listings Wed, 01 Jun 2011 17:42:00 GMT http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ 2011-06-01T17:42:00Z Here in the Kern River Valley ... http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ Here in the Kern River Valley (Kern County, CA)...the low end of the market is improving but the high end is still falling. &nbsp; Wed, 01 Jun 2011 17:40:00 GMT http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ 2011-06-01T17:40:00Z Amy,We are here in Southwest ... http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ Amy,<br/><br/>We are here in Southwest Florida.&nbsp; We were just rated #1 in the country for annual price appreciation over last year, 25.7%.&nbsp; (More than the next three cities on the list combined.)&nbsp; While the rest of the country is still moving slowly downward, we have passed the bottom and are moving back up and stabilizing.&nbsp; Real estate is a local entity, never use national statistics to make real estate decisions.<br/><br/>Shawn Wed, 01 Jun 2011 11:15:00 GMT http://www.zillow.com/advice-thread/Is-your-community-bouncing-back-from-the-housing-downturn/401328/ 2011-06-01T11:15:00Z