Comments on: Which Neighborhoods Have the Fastest Price Reductions?

By: Miguel

Miguel — Mon, 01 Dec 2008 16:37:36 +0000

This blog used to have some personality, now it is hardly updated and the information is confusing. Bring back the old format. This is boring and lame.

By: anon

anon — Mon, 01 Dec 2008 08:57:06 +0000

a responder said: Who cares about the days between price drops? Can there really be people out there actually looking for information like that?

apparently, he doesn’t realize how critical that figure is to the psychology of the market. when sellers get spooked, the days between price drops become fewer, and that is an important gauge for smart buyers who will negotiate.

By: Tim Ellis

Tim Ellis — Mon, 24 Nov 2008 18:35:26 +0000

I appreciate the feedback, everyone, however harsh it may be.

I like the specific suggestions some of you have offered. I will talk with the Redfin data engineers to see if we can come up with some data sets that are more useful.

I would like to at least point out though that this particular data set was admittedly more “fun” than especially useful. It was mainly posted to help fill some space while we continue to work out the kinks in the new format.

By: J. P.

J. P. — Mon, 24 Nov 2008 16:28:09 +0000

Agreed with posts above. I used to check this blog all of the time because it had interesting posts and information. I thought the redesign just needed a few weeks to get up to speed – but it appears that it is now resigned to be a shell of what it used to be. Oh well

By: Marcy

Marcy — Mon, 24 Nov 2008 13:49:49 +0000

Agreed. The old Blogs were interesting, newsy and had a distinctly personal feel. In short, they were simply fun to read. Now honestly, why bother? I can find up-to-the-minute dry data in a moment with google; no need to come here. Hopefully Redfin reconsiders – it was the Blogs that got me to join in the first place.

By: Chris Camp

Chris Camp — Thu, 20 Nov 2008 18:04:25 +0000

Given this level of content: why bother?
these blogs are dead.

I still love the core redfin functionality but these area blogs aren’t working at all.

If you want to roll out numbers, then I’d recommend a scheduled approach (25th/50th/75th sales price, 25/50/75 list, etc… plus some monthly updated historical charts showing where we’re at relative to other RE cycles in both real and nominal dollars).

That’d be useful and I would know when it’s worth coming back. If I come back again and see the same lame stuff – it’ll be for the last time.

-cc

By: Roger Gravy

Roger Gravy — Thu, 20 Nov 2008 08:22:54 +0000

I can’t help but agree with the above comment. I read the blog for the insights on LA’s real estate conditions. I liked learning about the various housing trends in different parts of our fair city. Who cares about the days between price drops? Can there really be people out there actually looking for information like that?

By: boo

boo — Wed, 19 Nov 2008 14:47:57 +0000

This revised blog is lame. It doesn’t give any opinions or insight into local market conditions other than a recitation of unenlightening market facts. What does the rapidity of price decreases in a given neighborhood really tell us anyway? To have any meaning (however slight) you would need to also know the size of the price drops. Maybe Poly High tops the list but reductions are $100 each. I liked the personal approach of the old blog better.