Comments on: Mint Map: Real Estate By State

By: Red60

Red60 — Fri, 23 Oct 2009 02:01:50 +0000

Please don’t think we’re all rich? ,

By: Maret

Maret — Thu, 24 Sep 2009 20:07:04 +0000

I disagree with Joy–has she ever dealt with numbers? Or for that matter, traffic signs?

Green-growth, positive, increase, go
Red- warning, negative, decrease, stop
Blue and Yellow-neutral colors

Plus the key reads like a cryptic code. Keys should be quick and easily interpreted. It doesn’t make sense. California has had a huge dip, yet its corresponding dark color in the key is 1%.

Map FAIL.

By: Joy

Joy — Thu, 17 Sep 2009 00:28:35 +0000

Yes, pretty confusing. Red usually means positive and green negative – the red arrow is misleading. And the green state statistics appear at first glance to correlate to sales price rising or falling, not number of sales. Actually I’m still not sure what the green means, exactly.

By: ColdFrenchFries.com

ColdFrenchFries.com — Tue, 02 Jun 2009 00:34:33 +0000

This is a great market to buy a new home or even an investment property. However, I wouldn’t advise a person that is not financially literate to take on the financial responsibility of homeownership. Whether a primary residence or rental property, buying a home involves some basic knowledge of finances, home maintenance and sometimes even good citizenship…none of which are required currilculum in public schools systems. Buying a home because of the bargain and without full understanding of the various financial demands of a home can lead to disaster, like the past 3 years. I purchased my 1st home when I was 21 (2001), because my father had groomed me to buy since I was 12 while working for him…a real estate investor. His mistakes, successes and even more mistakes helped to make me financially literate in regards to homeownership, so that little surprised me when purchasing my 1st, 2nd and subsequent homes. However, like having a baby, there is only so much for which one can prepare and some events are best left experienced, but not understanding the sleepless nights feeding or worrying for a small child is not something to jump into because of the bargain. If this economy has taught the American consumer one thing, that thing should be to not just read the fine print, but insist on understanding that fine print before signing….be financially literate.

In my area of DC suburbs (Virginia) prices have fallen 18% from its peak 3 years ago, however, stats show a much smaller decline from the high median point. However, our proximity to the nation’s capital gives us a fresh population turnover every 4 years and stable enough incomes to support a faster home market turnaround. The rush of buyers has actually turned pockets of counties to seller’s markets again.

By: zach

zach — Sun, 31 May 2009 10:22:54 +0000

yea the stats on San Francisco surprised me as well. I am from Marin County (other side of Golden Gate Bridge) and there hasn’t been much effect. Median home prices are 800,000 (for the County not town).

By: Mary Lou Avila

Mary Lou Avila — Thu, 28 May 2009 15:26:37 +0000

definitely “Buyers Market” with so many great programs outhere such as city programs, naca programs and the rebates, Taxes and incentives plus the low interes rate perfect for the buyer that had maintain a great credit scores it is paying off being responsible however buy only what you can afford do not go beyond the sales price you will not be able to pay!, bad for Sellers too many homes for sale to much competition and prices started to drop. also since some people are loosing their jobs no way they can pay the mortgage they are having to move out and outhere right now is Renters Market! also San Antonio still has a hope since a lot of business are moving in and will give jobs to those that need it and keep the market going
there I said my two cents !

By: Jayson

Jayson — Thu, 28 May 2009 06:29:27 +0000

Thanks for the map – pretty much what the map shows here in AZ. Prices are continuing to drop in most areas (but at a lower rate) and sales are picking up. Sales are mostly foreclosure and short sale properties though, but new home sales are starting to pick up a tad.

By: BG

BG — Thu, 28 May 2009 04:37:18 +0000

Cheap – Yes, as does everything….eventually. Give it 20 years and we should be back to our 2007 peaks. Until then, enjoy the next 20-30% drop, then consider buying.

By: Annikki

Annikki — Thu, 28 May 2009 02:14:03 +0000

6 years ago – my 1 car garage, 1 bathroom, 2 bedroom house cost me $122,500. It was great for one person… not so great now that I’m married. However, there’s no way I could sell it because values have dropped so much. Today, there are two houses down the block that are twice as big, with 2-3 car garages, with 2-3 bathrooms, and 4 bedrooms are listed for $36,000 and $45,000. Admittedly, they need a little work. However, the house that’s been fixed up across the street is closer to mine in size, but with a bigger garage, basement, more rooms, and a second bathroom and it’s listed for $50,000. Oh, and it SOLD a few months ago as a serious fixer-upper at $5,000. No, I’m not missing any 0’s there.

I can’t even get out of my ARM!

By: Brenda

Brenda — Wed, 27 May 2009 22:15:01 +0000

San Francisco stats are VERY deceptive – crime ridden poorer areas are decimated and dropped big time, middle class safer areas have dropped VERY VERY little….so…my conclusion, pity the poor, but SF is still VERY VERY high in many places.