Comments on: National Index Offers Mixed Results http://repdx.com/2008/08/26/national-index-offers-mixed-results/ Portland Oregon Real Estate Search Fri, 13 Jan 2012 20:31:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ron Ares http://repdx.com/2008/08/26/national-index-offers-mixed-results/comment-page-1/#comment-612 Ron Ares Fri, 03 Oct 2008 13:38:02 +0000 http://www.repdx.com/?p=373#comment-612 test comment test comment

]]> By: Uncle Git http://repdx.com/2008/08/26/national-index-offers-mixed-results/comment-page-1/#comment-611 Uncle Git Tue, 26 Aug 2008 18:57:48 +0000 http://www.repdx.com/?p=373#comment-611 Hey Ron - hope you are well. I think it's worth remembering that Case/Schiller isn't seasonally adjusted - and it's numbers represent the state of play 2 months ago - with a sliding 3 month window. So these numbers really represent transactions that occurred April/May. Right in the middle of peak selling season - when the market should be strongest. I suspect going forward we'll see an increase in the pace of price declines as we roll over towards winter - in addition with seller paid downpayments going away it'll bring further pressure to the market. Heading into spring next year I'd be very surprised if we didn't show 10%-15% down from peak. Hey Ron – hope you are well.

I think it’s worth remembering that Case/Schiller isn’t seasonally adjusted – and it’s numbers represent the state of play 2 months ago – with a sliding 3 month window. So these numbers really represent transactions that occurred April/May.

Right in the middle of peak selling season – when the market should be strongest.

I suspect going forward we’ll see an increase in the pace of price declines as we roll over towards winter – in addition with seller paid downpayments going away it’ll bring further pressure to the market.

Heading into spring next year I’d be very surprised if we didn’t show 10%-15% down from peak.

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