The Case-Shiller index for March is out today, and San Diego came in ninth out of the top 20 cities for year-over-year decline: Town or Area Y-O-Y Phoenix -36.0% Las Vegas -31.2% San Fran -30.1% Miami -28.7% Detroit -25.7% Minneapolis -23.3% Tampa -22/4% Los Angeles...
Let's examine the Case-Shiller Index methodology with the March sales in Carlsbad. They only use SFRs, so the condos, mobiles, and multi-families are omitted, which is good. Last month there were 43 MLS sales in Carlsbad, but only 20 of them would count towards the...
At the panel discussion the other night, the methodology of the Case-Shiller Index was questioned. Do they include every repeat sale they find, or just the recent ones? Because the long-time owners, ones who paid $33,000 in the 1960s, and are now selling for $700,000,...
