Tuesday, July 27, 2010

Some Cheshire house comparisons

Dave Borowy was kind enough to forward me these recent Cheshire housing statistics:Cheshire seems to be doing well in relation to other towns.

Tim White


Anonymous said...

Southington seems to be doing even better.

Anonymous said...

I think we can do without an ad from a guy who wants to sell some houses.

I have some products I want to sell.

Can I get the same billing?

Tim White said...

sure... but make your ad interesting!

Anonymous said...

Be more interesting if it included details on the financing. How much down, interest rates, loan term etc.

It was just a few years ago that the bubble gained lots of hot air over mortgages which could never be repaid as time advanced - - -

Tim White said...

I fully agree and view the economy as being largely reinflated via the Obama / Bernanke printing presses (as they inflate the money supply). Nonetheless, Cheshire's housing prices seem to be doing better than surrounding towns.

Anonymous said...

The report is just hype, at best. The report should go back to 2007 and compare annual units sold and average sales price over year. That would be more meaningful.

Additionally, the report doesn't break out condos vs. residential homes. Condos have been moving faster than single-family homes.

The report also does not show inventory which is the real telling tale. Has the number of homes on the market increased/decreased over the last few years and how does this compare against unit sales. If inventory is rising and sales are flat...

The realtor should produce a report showing the number of pre-foreclosure, foreclosure and bank-owned properties in Cheshire and compare this year over year.

Like I said earlier, the realtor's report is about as exciting and meaningful as Dave Schrum's sincerity during education budget season.