Comments on: Existing Home Sales – August Update :(

By: Financial Samurai

Financial Samurai — Tue, 13 Oct 2009 14:05:17 +0000

Oh yeah MLR – Try following a particular property, or several properties on Zillow. Forget about the absolute value Zillow says, b/c it is often wrong. Instead, focus on the direction of the charts.

Do you mind reporting back whether you’ve seen a wild uptick swing over the past 3 months in your area on any particular properties? I have a post that’s entitled “Zillow Says I’m $400,000 Rich. Why Net Worth Is Rubbish” that charts a couple properties in San Francisco, and I’m trying to figure out whether the uptick is just a local phenomenon or not. So far, I’ve got similar 10-25% upticks in Honolulu, and Washington DC.

Best
Financial Samurai´s last blog ..Slapping Hands With Famous People, Saving Money At Events & Priceless Moments

By: Financial Samurai

Financial Samurai — Sun, 11 Oct 2009 00:22:40 +0000

It’s an absolute BULL MARKET right now. Prices have rebounded 10-20% this year all over the states, at least here in San Fran and New York City.

Just take a look at Zillow.com at some of your favorite properties. Ignore the values, just notice the direction of the charts.

Hope to see you over at Financial Samurai one day.
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By: Credit Card Chaser

Credit Card Chaser — Sat, 10 Oct 2009 01:14:25 +0000

Haha I had not ever heard about Alan Greenspan’s “men’s underwear” metric.
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By: Kyle

Kyle — Thu, 08 Oct 2009 12:38:40 +0000

I think it is going to be quite some time still before we see any sort of stabilization in the housing market. There are too many factors affecting peoples ability/willingness to buy a home. The real test is going to be what happens when the first time home buyer tax credit runs out. The incentive to purchase will be further reduced.