http://blog.redfin.com/orangecounty/2008/08/home_values_only_down_10_i_dont_think_so.html Redfin Orange County Sweet Digs Mon, 16 Jan 2012 10:53:20 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://blog.redfin.com/orangecounty/2008/08/home_values_only_down_10_i_dont_think_so.html/comment-page-1#comment-11965 Tom Fri, 29 Aug 2008 14:50:04 +0000 http://blog.redfin.com/orangecounty/2008/08/home_values_only_down_10_i_dont_think_so.html#comment-11965 Owww, that's so stupid it made my head hurt. I'd love to know how, other than comparable sales, they've decided to calculate what the "real" home prices should be. Owww, that’s so stupid it made my head hurt. I’d love to know how, other than comparable sales, they’ve decided to calculate what the “real” home prices should be.

]]> http://blog.redfin.com/orangecounty/2008/08/home_values_only_down_10_i_dont_think_so.html/comment-page-1#comment-11947 Dominic Fri, 29 Aug 2008 04:31:21 +0000 http://blog.redfin.com/orangecounty/2008/08/home_values_only_down_10_i_dont_think_so.html#comment-11947 Sheila, You are right...something does not make sense with their analysis....maybe wishful thinking for a writer who is also a property owner?...but I don't see how they can say that prices have perhaps actually fallen only 10% yet affordability has doubled....Maybe they need to adjust their affordability calculation to match their guesstimate of the home price decline...they can't have it both ways. Sheila, You are right…something does not make sense with their analysis….maybe wishful thinking for a writer who is also a property owner?…but I don’t see how they can say that prices have perhaps actually fallen only 10% yet affordability has doubled….Maybe they need to adjust their affordability calculation to match their guesstimate of the home price decline…they can’t have it both ways.

]]>