All Forum Posts by: Greg R.

I know I've pointed this out, but I still think the comparison should be price per square foot.  To me, with low interest rates and easy money, that's a great time to trade up into a larger house.  With higher interest rates, I'm thinking that more smaller houses are being sold.  So, are we seeing a price drop because houses are actually getting cheaper or are more smaller houses selling which makes it look like prices are coming down?  No idea. 

I'd like to see @Greg R. and @James Hamling come up with competing sets of data and argue about it though!  haha.

 Really? Because according to the data from FRED, your full of sh#t. Please explain this. 

Quote from @James Hamling:

Quote from @Greg R.:

Quote from @James Hamling:

Quote from @Greg R.:

Also US housing market recorded the 7th straight month of price declines, which makes a 10% price decrease nationally over the last 7 months (since the peak of the bubble.) 

 Really? Because according to the data from FRED, your full of sh#t. Please explain this. 

Lmao, this is too funny. I really do appreciate all the ammo James, you make it way too easy. Do you know the difference between monthly and quarterly - google it? Your chart stops in Q2 of 2022, which was the peak of the bubble. 

The purveyor of falsehoods strikes again!!! 

 FYI, I'm not FRED. 

Not my chart buddy. 

I'm going to try to respond in simple terms to give you the best chance of understanding. I never said "twin cities". I Provided data for Minneapolis. <<<--- Read this sentence twice. 

Now, below is median sold data per the MLS & public records for MINNEAPOLIS - NOT Twin Cities . Per this data June was the peak with a sold median price of 360k, and as of December the median sold price is 305k.

If your argument is that Redfin's reporting of data from the MLS and public records is inaccurate, please post your evidence.

Again, provide evidence that a publicly traded real estate company with a market cap of $665,000,000 is lying to the public with their reporting data. 

I'll keep an open mind. If you provide evidence, I'll stop citing data provided by Redfin. 

Quote from @Greg R.:

Quote from @James Hamling:

Quote from @Greg R.:

Also US housing market recorded the 7th straight month of price declines, which makes a 10% price decrease nationally over the last 7 months (since the peak of the bubble.) 

 Really? Because according to the data from FRED, your full of sh#t. Please explain this. 

Lmao, this is too funny. I really do appreciate all the ammo James, you make it way too easy. Do you know the difference between monthly and quarterly - google it? Your chart stops in Q2 of 2022, which was the peak of the bubble. 

The purveyor of falsehoods strikes again!!! 

 FYI, I'm not FRED. 

Not my chart buddy. 

 Really? Because according to the data from FRED, your full of sh#t. Please explain this. 

 Really? Because according to the data from FRED, your full of sh#t. Please explain this. 

 What in the fogazzi is wrong with you?!    This is an outright LIE! NO, Twin Cities is NOT down 55K or 15%. That is my HOME MARKET, I have full feed, have posted many times, which you ignore and then just make up total BS lies saying it's all going to hell. 

Here is the REAL data. 

It just doesn't end with you Greg, you just keep making things up and posting FALSE information. I don't have a direct feed on those other markets like I do T.C. but I'd love to see the REAL DATA from those who do to cross check your statements, being SO WRONG about T.C. market that it's not wrong, it's just out-right lies. 

114 pages (to date) summarized visually 

Dallas is getting hit. Some of the west coast is but as @Carlos Ptriawan pointed out some of that is evening out. but there are plenty of flat markets across the East. Cali also drove a lot of the national decline.t.