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Anybody get this Redfin Email?


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2011 Aug 31, 8:39am   1,949 views  3 comments

by UAVMX   ➕follow (0)   💰tip   ignore  

Prices are increasing...MoM well under 1%...but the very next column shows huge drops +/-10% YoY....

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1   PockyClipsNow   2011 Aug 31, 8:53am  

MoM is useless in RE.

YoY is only useful stat.

2   everything   2011 Aug 31, 9:16am  

No, but I've noticed, and stopped looking at RE in general, if it's going up, it's out of my single income price range. I noticed prices are going up, even in the middle of nowhere. Like I say, the trick is to keep the interest/your blood flowing to the banks. With bailout guarantee's from the government why would the banks care if you buy/stay/foreclose, or not, whatever they can get from you in interest payments is just fine with them. I do see younger couples at the bank jumping right in all of the time.

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