Author	Message
anon-011q	Posted: Mon, Jul 15 2013, 9:15 pm EDT    Post subject: Re: 1 ryan road sold $455000 The market is hot. In Shadow Oaks, all the homes are under contract. One was under contract in 1 day on the market.
anon-97on	Posted: Mon, Jul 15 2013, 3:44 pm EDT    Post subject: Re: 1 ryan road sold $455000 Prices are going up again, but what's "normal"? Prices surged very abnormally versus decades and decades of traditional low single-digit housing growth for the decade prior to the drop. So suggesting that they needed to go up again to be "normal" implied that it was natural that they were so high before. It's nice for us they are going up, but part of the problem with the housing market during the correction was the mistaken belief that we were "losing money" when our artificially inflated equity dropped which caused people to hold out too long and mess with the natural supply and demand curve. Any value in our houses in entirely theoretical until we sell. So let's not get too attached to hypothetical value this time around and there won't be as much stress if the market naturally shifts again.
anon-4s88	Posted: Mon, Jul 15 2013, 12:36 pm EDT    Post subject: 1 ryan road sold $455000 Looks like prices are getting back to normal