Robert Shiller of “Case-Shiller Home Price Index” fame doesn’t make ANY predictions on home prices. I can understand why. Nationally, I can see a lot of reasons why prices would fall more but locally it’s hard for me to find reasons why the median home price wouldn’t continue to increase in metro Phoenix. As always, [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Case-Shiller released data on Monday for metro Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Case-Shiller released data this week for Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Case-Shiller released data this week for Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Seattle Bubble blog made this great visualization of Case-Shiller Home Price Index data showing the number of years of appreciation that have been “lost” with the real estate bust. Phoenix home prices are where they were in January 2000, according to Case-Shiller data so it’s actually [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Case-Shiller released data today for Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The most current data is through September 2011. Tier Breakpoints (September 2011) Low Tier – Up [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) This is the latest Case-Shiller data for Phoenix that splits the price index into three price level indices. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation). The most current data is through August 2011. Tier Breakpoints (August 2011) Low Tier [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) This is the latest Case-Shiller data for Phoenix that splits the index into price points. The different behavior of the 3 price levels in metro Phoenix is absolutely fascinating. This Case-Shiller index is the best data available for estimating actual appreciation (or depreciation) but the data [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) This is the latest Case-Shiller data for Phoenix that splits the index into price points. The different behavior of the 3 price levels in metro Phoenix is absolutely fascinating. Tier Breakpoints (May 2011) Low Tier – Up to $95,997 Middle Tier – $95,997 – $168,172 High [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) In an earlier post I said, “This graph says it all.” Then I graphed out the Phoenix Case-Shiller index by price tiers. Wow! This graph is probably the most pessimistic chart I’ve seen in a while, at least for the upper tier Phoenix homes. And on [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) This graph says it all Phoenix home prices are where they were back in January 2000… and that’s without adjusting for inflation. In real inflation-adjusted dollars, Phoenix home prices are much less than they were 11 years ago.
(See recent posts on Phoenix Case-Shiller Home Price Index.) Phoenix Home Prices Fell 1% in August We knew from the median sold price data that already came out that home prices fell in metro Phoenix in August and now with the Case-Shiller Index we can quantify exactly how much Phoenix homes depreciated between July and [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) We knew from the median sales price data that came out earlier that home prices fell in metro Phoenix in July and now with the Case-Shiller Index we can better quantify by exactly how much Phoenix homes prices fell… by 0.6%. Las Vegas fell by 0.8% [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Flat. Up. Down. Quite the mixed bag for home prices in Phoenix, Los Angeles, San Diego and Las Vegas! We already know the number of homes sold in July was WAY down. It’ll be interesting to see what happened to home price appreciation in July (or [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) John Burns runs a real estate economics consulting company that targets home builders, although he has many non-builder clients. John Burns Real Estate Consulting always has interesting free analysis. Just keep in mind they have a bit of a builder-centric view of the real estate industry [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) The $8,000 first-time home buyer tax credit was originally supposed to expire at the end of November. Home prices spiked through December as those transactions closed. You can see it on the graph for Phoenix, anyway. Then the program was extended to April 30 and we [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) I suppose we got a slump after the scheduled end of $8,000 first-time homebuyer tax credit last November. The program, however, was extended before it ended. (When looking at the cost (in)effectiveness of the program, we should take the post-program price slump into account.) The program [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) Even though November is traditionally not a strong month, Case-Shiller data show that metropolitan Phoenix homes appreciated over 1% from October to November 2009. The (expected) end of the $8,000 first-time home buyer tax credit was no doubt an important factor in pushing up Phoenix home [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) … stronger appreciation in October than September! Phoenix Homes Appreciation Increases in October Greater Phoenix home prices appreciated 1.3% between September and October compared to appreciation of 0.8%, 1.6%, 1.8% and 1.1% in the previous 4 months, according to my analysis of Case-Shiller data. Well, 1.3% [...]
(See recent posts on Phoenix Case-Shiller Home Price Index.) … but increasing at a decreasing rate Phoenix Homes Appreciation Slows in September Greater Phoenix home prices appreciated 0.8% between August and September compared to appreciation of 1.6%, 1.8% and 1.1% in the previous 3 months, according to my analysis of Case-Shiller data. Well, 0.8% appreciation [...]
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