Tuesday, March 27, 2012

National Home Prices at 2003 Levels

I just read a short article with a very informative graph showing raw national housing prices are now fluctuating around 2003 levels.  You can read this article here:  http://read.bi/GXW1Y4

I recently did an analysis about Zillow's misrepresentation of Sarasota real estate values, where I contrasted their flawed data versus the actual 2010 vs 2011 median prices based on the MLS.  The end result was that median prices year over year in Sarasota are unchanged.

When the national numbers seem to be fluctuating in a small range, and the local Sarasota numbers are stable, this means, in my opinion, the time has never been better to buy Sarasota real estate.

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