A place for residents of Marin County, CA and others to express their views regarding the real estate bubble and in particular the Marin real estate market
Wednesday, April 19, 2006
DataQuick's March, 2006 Results
Here's DataQuick's take on the March, 2006 sales results for the Bay Area; markets continue to erode. DataQuick's March report for Marin County is consistent with that found elsewhere on this blog -- year-over-year, prices remain essentially flat and sales volume continues to be negative.
I love how none of the local news media goes near the inventory question. Are sales lower in the face of similar or higher inventory levels compared to last year? Would be nice to know -);
the press democrat says the market is stable as the median in march 05,and march 06 is identical a 575k.of course it was at 619 k in october....and inventory went up 1100 homes between 3-20 and 4-20 in sonoma county.add up the number of pages that real estate ads make up of all the ads in your paper,this might,perhaps have some minor affect on the editorial stance and content of the paper.
LOL... SFJack... someone whispered "fire" and none of them are aware that other people heard it too... they seem to be unaware of how many houses are on the market in our area... they take all the for sale signs as nothing more than a symbol of prosperity reinforcing that someone is going to make a killing because everyone wants to live here.
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10 Comments:
I look forward to see how the Marin IJ spins this.
I love how none of the local news media goes near the inventory question. Are sales lower in the face of similar or higher inventory levels compared to last year? Would be nice to know -);
Looking at inventory requires some thought- and financial education. That's the problem.
I look forward to see how the Marin IJ spins this
How about this: "Real Estate Inventories Increase slightly as Median Prices Continue To Rise"
Do you suppose Marin homeowners will overlook the sales volumedrop, concluding local prices are "stable"?
That's it !!!
"Marin Prices Most Stable Among Bay Area Counties"
the press democrat says the market is stable as the median in march 05,and march 06 is identical a 575k.of course it was at 619 k in october....and inventory went up 1100 homes between 3-20 and 4-20 in sonoma county.add up the number of pages that real estate ads make up of all the ads in your paper,this might,perhaps have some minor affect on the editorial stance and content of the paper.
"1100 homes between 3-20 and 4-20"
tom - Did somebody yell "fire" or are people just moving orderly toward the exits?
LOL... SFJack... someone whispered "fire" and none of them are aware that other people heard it too... they seem to be unaware of how many houses are on the market in our area... they take all the for sale signs as nothing more than a symbol of prosperity reinforcing that someone is going to make a killing because everyone wants to live here.
Here is the Marin IJ's breathless headline:
Median housing price hits $962,500
And then goes on to wonder:
Could Marin soon see a median home price of $1 million?
Then today the Chronicle states A chilly March
Single-digit growth in Bay Area prices
Both use Dataquick as the source for their data and yet they have two completely different spins on the same story.
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