Are house prices up, flat or down in your area?

Question

I am trying to get a feel for what is going on in local markets. Mostly US or UK.

If you can follow the link and answer there it would be best. That way more people will be providing an answer so we might get better results.

Thanks in advance.

http://johncorey.wordpress.com/2007/03/18/are-house-prices-up-flat-or-down-in-your-area/

If you just want to post comments here I can collect the info and summarize there. Assume I will post a comment once the question is closed with the summary data.

What I need is for you to pick one of the following:
Prices are up, flat or down.

Then I need to know what city, state/provence and country. That way I can map the responses to the specific communities.

Best to post on the blog but do what works for you.

Thanks in advance.

So far no one has said specifically if prices are 'up', 'flat' or 'down' in their specific community. Reading between the lines we do seem to have 3 votes for prices still being up compared to last year plus one where sales are slower but prices might still be up (MA comment).

Answer 1

is the the John Corey I talked to last year on the net?

REAL ESTATE is a dynamic world.
In one city, prices can be up and down --2 neighborhoods apart!

in GENERAL, RE is down across the US but we need to ID what down means.

RE appreciation has gone down. Prices have slowed their appreciation.

IN some cases, a house has been offered for sale at a lower price this year compared to last year but it is still up from its purchase price in most cases.

Answer 2

In the UK all house sales have to be registered with the Land Registry which will also details the price.
There are a number of websites that provide this information free of charge, including Upmystreet. The RICs may also provide regional information and reports.

Answer 3

Las Vegas still has 6000-7000 people a month moving here, and while the re-sale market has slowed down, the new pre-construction home market is where I tell my client to look for great buyers incentives and values.

Answer 4

Stay out of Michigan USA. Ohio too. Unless you can keep money tied up for years stay away!

You can though get houses in Detroit for 10-50k ready to live in, if you can put this much money up for a bit these homes are easily rentable as this is a major subprime market.

Answer 5

The home sales in my area are high, but the home sales are not flourishing as they were two years ago. They are more or less at a standstill. I live on the east coast, Massacusetts area if that nis any help to you, bettyk

Answer 6

i understand - it is loopy. i offered my 3 bedroomed semi (in north yorkshire) for £fifty six,000 back in early 2002. now it is nicely worth thrice that value. sounds sturdy does not it ? yet what u ought to bear in recommendations is that if i had to flow, it would value me a minimum of that quantity of money to discover some thing of a matching length. if i had to flow right into an even bigger sources, like my sister did final 300 and sixty 5 days, i might ought to handle plenty larger loan. she lives in scotland and had to area with over 1 / 4 of one million kilos just to get a classic 4 bedroomed indifferent homestead !!! the homestead expenditures are actually completely ridiculous, and that i might hate to be attempting to get onto the valuables ladder now.... i won't be in a position to be sure that those expenditures are sustainable, and that i might propose u against getting a super loan... if the homestead expenditures crash, u ought to finally end up with damaging fairness. (you will need paid greater on your place than it is incredibly nicely worth) attempt waiting yet another 300 and sixty 5 days until now u take a little time at getting onto the valuables ladder.... with us getting a clean top minister, allsorts of issues ought to alter. if the fees are nonetheless severe, then u will ought to make the alternative to the two purchase a small sources, or get an even bigger loan, and soak up a lodger to assist with the loan payments.

Answer 7

Houses are down in northeast Nebraska, but land prices are out of sight.

Answer 8

YOUR MOMS FLAT