Comments on: 7 Different Views Of The Tallahassee Housing Market http://www.manausa.com/tallahassee-housing-market/ All About Tallahassee Housing Thu, 11 Mar 2010 13:16:48 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: 7 Real Estate Graphs | Real Estate Market Reports http://www.manausa.com/tallahassee-housing-market/comment-page-1/#comment-7207 7 Real Estate Graphs | Real Estate Market Reports Wed, 01 Jul 2009 12:30:04 +0000 http://www.manausa.com/?p=4408#comment-7207 [...] [click to View 7 Graphs Of The Tallahassee Real Estate Market…] [...] [...] [click to View 7 Graphs Of The Tallahassee Real Estate Market…] [...]

]]> By: Doug http://www.manausa.com/tallahassee-housing-market/comment-page-1/#comment-7204 Doug Wed, 01 Jul 2009 12:24:29 +0000 http://www.manausa.com/?p=4408#comment-7204 Here's a great Dilbert........I think it sums up the market as of today. http://www.ritholtz.com/blog/wp-content/uploads/2009/06/dilbert-own-rent.gif Here’s a great Dilbert……..I think it sums up the market as of today.

http://www.ritholtz.com/blog/wp-content/uploads/2009/06/dilbert-own-rent.gif

]]> By: Joe Manausa http://www.manausa.com/tallahassee-housing-market/comment-page-1/#comment-7167 Joe Manausa Wed, 01 Jul 2009 10:12:44 +0000 http://www.manausa.com/?p=4408#comment-7167 Good points Doug, but I wish they had combined the data with conventional loans. They do not indicate what % of our loans are Alt-A or subprime, so how much of a minority/majority of the whole are we dealing with? Either way, this is all part of the <a href="http://www.manausa.com/downloads/TREN-6-15-2009.pdf" rel="nofollow">shadow inventory</a> that I referred to a few weeks ago. Thanks for the link, I'll check it out. Good points Doug, but I wish they had combined the data with conventional loans. They do not indicate what % of our loans are Alt-A or subprime, so how much of a minority/majority of the whole are we dealing with? Either way, this is all part of the shadow inventory that I referred to a few weeks ago.

Thanks for the link, I’ll check it out.

]]> By: Doug http://www.manausa.com/tallahassee-housing-market/comment-page-1/#comment-7009 Doug Tue, 30 Jun 2009 21:20:46 +0000 http://www.manausa.com/?p=4408#comment-7009 Joe, Great Charts, appreciate the effort you put into them. I think the market is a little more dire myself. I found an interesting web site (Federal Reserve Bank of New York, dynamic map) Its mainly a state by state comparison , but it really is disturbing when you compare Alt A and Sub Prime loans in Florida to other states. With Alt-A loans in Florida the number of loans late in the past 12 months were 49.5% (worst in the nation) the share of foreclosures is 22.7% (worst in the nation). With sub-prime the number of Florida loans late in the past 12 months is 72.2% (worst in the nation) and the share of foreclosure is 27.6% (worst in the nation). These are very disturbing figures. I know it is more indicative of central and south Florida, but there is reason to believe that this caries over statewide. These figures are as of April this year. They can be viewed at http://www.newyorkfed.org/mortgagemaps/ . I think there are a lot of people out there barely hanging on and with resets coming, it could get worse. Price your houses to sell........! Joe,
Great Charts, appreciate the effort you put into them. I think the market is a little more dire myself. I found an interesting web site (Federal Reserve Bank of New York, dynamic map) Its mainly a state by state comparison , but it really is disturbing when you compare Alt A and Sub Prime loans in Florida to other states. With Alt-A loans in Florida the number of loans late in the past 12 months were 49.5% (worst in the nation) the share of foreclosures is 22.7% (worst in the nation). With sub-prime the number of Florida loans late in the past 12 months is 72.2% (worst in the nation) and the share of foreclosure is 27.6% (worst in the nation). These are very disturbing figures. I know it is more indicative of central and south Florida, but there is reason to believe that this caries over statewide. These figures are as of April this year. They can be viewed at http://www.newyorkfed.org/mortgagemaps/ . I think there are a lot of people out there barely hanging on and with resets coming, it could get worse. Price your houses to sell……..!

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