Comments on: January City/Neighborhood Price Reductions http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html Redfin Los Angeles Sweet Digs Sun, 22 Nov 2009 17:43:07 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: ed http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html/comment-page-1#comment-22232 ed Sun, 25 Jan 2009 05:03:05 +0000 http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html#comment-22232 What is the time period of this data? Is it year end 2008? What is the time period of this data? Is it year end 2008?

]]> By: Matt http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html/comment-page-1#comment-22100 Matt Tue, 20 Jan 2009 01:01:09 +0000 http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html#comment-22100 @Greg, we'll be posting about absorption soon. @Greg, we’ll be posting about absorption soon.

]]> By: Greg http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html/comment-page-1#comment-22004 Greg Fri, 16 Jan 2009 21:22:33 +0000 http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html#comment-22004 This tells us absolutely nothing. What you really need to know is what were the statistics in a normal market. From the information provided, it is hard to tell anything except the price was reduced. Was it reduced $1, $5000, etc ... ? Much more useful than price reductions is market absorption. This tells us absolutely nothing. What you really need to know is what were the statistics in a normal market. From the information provided, it is hard to tell anything except the price was reduced. Was it reduced $1, $5000, etc … ?

Much more useful than price reductions is market absorption.

]]> By: kendall http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html/comment-page-1#comment-21918 kendall Mon, 12 Jan 2009 09:05:26 +0000 http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html#comment-21918 El Segundo's not surprising. For years this blue-collar town was ridiculously costly. Being adjacent to LAX & Chevron refinery used to mean $900K+ for tiny bungalow. El Segundo’s not surprising. For years this blue-collar town was ridiculously costly. Being adjacent to LAX & Chevron refinery used to mean $900K+ for tiny bungalow.

]]> By: Amber http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html/comment-page-1#comment-21911 Amber Mon, 12 Jan 2009 03:02:38 +0000 http://blog.redfin.com/losangeles/2009/01/january_cityneighborhood_price_reductions.html#comment-21911 This is helpful to also see some of the newcomers to these lists - some of the more desirable areas are finally getting pinched some. This is helpful to also see some of the newcomers to these lists – some of the more desirable areas are finally getting pinched some.

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