Comments on: Housing appreciation slows http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/ Tracking Charlottesville's Real Estate Market since 2005 Sun, 12 Feb 2012 23:56:00 +0000 hourly 1 http://wordpress.org/?v= By: Real Central VA - Tracking the Charlottesville and Central VA real estate market and more » Always fearful http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1127 Real Central VA - Tracking the Charlottesville and Central VA real estate market and more » Always fearful Sun, 01 Oct 2006 12:54:44 +0000 http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1127 [...] Always fearful By Jim Duncan The time between being asked for a quote in the press and reading what I said is always a time of nervous anticipation. Why? Because unless I am the author, I am never 100% certain that what I say will be said in context. The risk of contributing to the culture of fear being propagated by the media is quite significant. [...] [...] Always fearful By Jim Duncan The time between being asked for a quote in the press and reading what I said is always a time of nervous anticipation. Why? Because unless I am the author, I am never 100% certain that what I say will be said in context. The risk of contributing to the culture of fear being propagated by the media is quite significant. [...]

]]> By: Barry Economics http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1068 Barry Economics Fri, 15 Sep 2006 01:59:30 +0000 http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1068 I worked for a home builder in the North East. We sold 60 homes a month last year. We sold negative 8 homes in July. Yes, it is actually possible to sell a negative number since we count sales when a contract is written. Some sales later fall through. If more people back out than purchase, we have negative sales. Contrast that to last year when we had waiting lists. The truth is it is very very ugly out there, and it is getting worse every month. Your house appreciated 13.7%. That's awesome, but I would definately sell now, if I could. Take your profits and get out. From an insider, belive me, it's far worse than you think. I worked for a home builder in the North East. We sold 60 homes a month last year. We sold negative 8 homes in July. Yes, it is actually possible to sell a negative number since we count sales when a contract is written. Some sales later fall through. If more people back out than purchase, we have negative sales. Contrast that to last year when we had waiting lists. The truth is it is very very ugly out there, and it is getting worse every month. Your house appreciated 13.7%. That’s awesome, but I would definately sell now, if I could. Take your profits and get out. From an insider, belive me, it’s far worse than you think.

]]> By: Ray Hyde http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1040 Ray Hyde Thu, 07 Sep 2006 04:09:34 +0000 http://www.realcentralva.com/2006/09/06/housing-appreciation-slows-perspective/#comment-1040 Gee, I'm really sad that my four quarter appreciation rate is down from 17.4% to 13.7%. At 13.7% it is still almost three times the rate of my increas in income and 3.5% more than my stock market investments. Some slump. Gee, I’m really sad that my four quarter appreciation rate is down from 17.4% to 13.7%. At 13.7% it is still almost three times the rate of my increas in income and 3.5% more than my stock market investments.

Some slump.

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