that's an interesting chart - that symbol doesn't appear to be
in Stockcharts.com, however it's clearly plotted there - which
means there must be a way to manually input your own data into
Stockcharts to create your own plots
Wow. I happen to be in the market for a home. If that was a
stock chart I'd that that short all day long. The other side of the
coin is the housing inventory shortage and a huge demographic of
young folks trying to get their lives going by buying a home. So
which will win out - Supply & Demand, or Reverion to the Mean?
Anyone have a crystal ball?
This is not a very technical answer, but how much prices will
adjust is very much a factor of where you live. It's reasonable to
expect a decline in housing prices across the U.S. that would
represent an average percentage decline. But if you are in Florida,
Texas or any of the other "hot markets" don't expect it to be much.
Two weeks ago I spoke with a builder in Houston who is starting 500
new homes a month. He has seen no drop off in demand. I have
investments in private real estate with Starwood and Blackstone. So
far they have seen no drop off in demand. I live in the Napa Valley
and we have seen no drop off in demand. It will come, but it will
be uneven, depending on where you are looking. Good luck to
you.
I agree with your point. I bought a downtown condo in
Austin ( 7 figure) and it has more than doubled since I bought 2020
december. Prices have come down but still holding above the 100%
profit line. Usually high end markets are more sensitive to market
gyrations but downtown Austin is holding up like a rock
In 6 months, either mortgage rates have materially dropped again
or house prices must drop a bit. The current combination of
dropping disposable real income and skyrocketing monthly mortgage
costs is not sustainable for very long.
here's a nice chart for ya
Posted by matt on 10th of Jul 2022 at 12:34 pm
that's an interesting chart -
Posted by matt on 10th of Jul 2022 at 03:45 pm
that's an interesting chart - that symbol doesn't appear to be in Stockcharts.com, however it's clearly plotted there - which means there must be a way to manually input your own data into Stockcharts to create your own plots
Would love it if you
Posted by Trendie on 11th of Jul 2022 at 11:54 am
Would love it if you could include this chart for us now and then. Thanks!?
Wow. I happen to be
Posted by Trendie on 11th of Jul 2022 at 11:04 am
Wow. I happen to be in the market for a home. If that was a stock chart I'd that that short all day long. The other side of the coin is the housing inventory shortage and a huge demographic of young folks trying to get their lives going by buying a home. So which will win out - Supply & Demand, or Reverion to the Mean? Anyone have a crystal ball?
This is not a very
Posted by pkrsek on 11th of Jul 2022 at 11:30 am
This is not a very technical answer, but how much prices will adjust is very much a factor of where you live. It's reasonable to expect a decline in housing prices across the U.S. that would represent an average percentage decline. But if you are in Florida, Texas or any of the other "hot markets" don't expect it to be much. Two weeks ago I spoke with a builder in Houston who is starting 500 new homes a month. He has seen no drop off in demand. I have investments in private real estate with Starwood and Blackstone. So far they have seen no drop off in demand. I live in the Napa Valley and we have seen no drop off in demand. It will come, but it will be uneven, depending on where you are looking. Good luck to you.
I agree with your point.
Posted by arun on 11th of Jul 2022 at 11:48 am
I agree with your point. I bought a downtown condo in Austin ( 7 figure) and it has more than doubled since I bought 2020 december. Prices have come down but still holding above the 100% profit line. Usually high end markets are more sensitive to market gyrations but downtown Austin is holding up like a rock
In 6 months, either mortgage
Posted by steve on 11th of Jul 2022 at 01:35 pm
In 6 months, either mortgage rates have materially dropped again or house prices must drop a bit. The current combination of dropping disposable real income and skyrocketing monthly mortgage costs is not sustainable for very long.
Plotting personal data in StockCharts " Support
Posted by ridgetopab on 11th of Jul 2022 at 11:01 am
Plotting personal data in StockCharts
" Support Center » Data and Ticker Symbols » User-Defined Indexes "
Extra members get 1 UDI with default name.
Pro members get up to 30 UDIs with user defined names.