http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html Redfin Los Angeles Sweet Digs Thu, 09 Feb 2012 13:33:45 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html/comment-page-1#comment-13541 LumberJake Fri, 20 Jun 2008 20:29:27 +0000 http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html#comment-13541 Great article, thanks Tim. Great article, thanks Tim.

]]> http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html/comment-page-1#comment-13533 Cindy Allen Fri, 20 Jun 2008 16:37:11 +0000 http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html#comment-13533 Great post, Tim. I have seen sales histories on homes that were bought during the height of the last boom and then sold in the mid 1990s at a loss. People who bought at the peak in 1989-1990 waited 10 to 12 years to get back to even. That's a hard pill to swallow; that would put us at 2015 to 2017 to get back to even, but that's what we're looking at, if history is any guide. People talk about being "close to the bottom," but in the last bust, prices bottomed out fairly quickly and then stayed down for years. I see that happening now. Great post, Tim. I have seen sales histories on homes that were bought during the height of the last boom and then sold in the mid 1990s at a loss. People who bought at the peak in 1989-1990 waited 10 to 12 years to get back to even. That’s a hard pill to swallow; that would put us at 2015 to 2017 to get back to even, but that’s what we’re looking at, if history is any guide. People talk about being “close to the bottom,” but in the last bust, prices bottomed out fairly quickly and then stayed down for years. I see that happening now.

]]> http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html/comment-page-1#comment-13531 Musician’s Case Against Real Estate Agent Moves Forward | Redfin Los Angeles Sweet Digs Fri, 20 Jun 2008 16:32:51 +0000 http://blog.redfin.com/losangeles/2008/06/curbed_prices_in_the_valley_slow-bursting_bubbles_back_to_back.html#comment-13531 [...] San Fernando, Santa Clarita « Curbed Prices in the Valley: Slow-Bursting Bubbles Back to Back? [...] [...] San Fernando, Santa Clarita « Curbed Prices in the Valley: Slow-Bursting Bubbles Back to Back? [...]

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