Admin

Spam prevention
Submit
Rainmaker
4,667,826
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

What I had for breakfast fifteen years ago doesn't have much relevance to what's on the menu today.  We learn from history and we move forward. 

Jun 03, 2019 11:18 AM
Rainmaker
5,218,588
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Pretty much in many areas. But our market is just too broad to over generalize.

Jun 03, 2019 11:25 AM
Rainer
509,499
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

We beat 2004 - 2005. We are now slower compared to last Spring/Summer BUT it is still a seller's market in many areas.  

Jun 03, 2019 01:33 PM
Rainmaker
2,464,818
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Prices here have been flat for a couple of years Peter Mohylsky, SoWal Is HOME. because we were SO overbuilt durnig our oil boom.

Jun 03, 2019 12:44 PM
Rainmaker
5,583,758
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the market has now experienced price adjustments....it's not like the wild, wild west.... those who continue to think there will be bidding wars in excess of $50k higher than list price are wrong.... and those are listings we do not want...

Jun 03, 2019 12:20 PM
Rainmaker
770,805
Peter Testa
Kiwi Homes - Danbury, CT
PETER TESTA

Market hit the wall here in '05 & prices are not as high as they were then. 

Jun 03, 2019 11:48 AM
Rainmaker
2,224,239
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

We have recovered and then some....

Jun 03, 2019 06:43 PM
Ambassador
5,395,103
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh yes, every price range BELOW $450K in every area of the Charotte Metro region have exceeded the '04 - '05 market. $450K is 'luxury' in my market. 

Jun 03, 2019 02:32 PM
Rainmaker
677,214
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Peter ~ Here on the Virginia side of the Potomac River, detached & town houses in close in areas like Arlington County & Alexandria City are above the prices of the peak.  However, condominiums are still below the peak levels; I think mainly because we converted & built so many units to feed the mania back then and prices soared so freaking high back then because of all the Newbie investors that drove the market... condos were cheap enough for the shallow pocketed investors that hopped into the market, as compared to single family and town homes.

Jun 03, 2019 01:27 PM
Ambassador
6,584,857
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I believe they have surpassed it.

Jun 03, 2019 01:18 PM
Rainmaker
1,862,412
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

2006 to 2007 were the highest in our area. Not near that level on the average but many areas have come back seperately.

Jun 03, 2019 12:29 PM
Rainmaker
1,397,843
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Our general market peaked last June at record highs in most cities around the San Francisco Bay Area. It moved down a little in price, up in inventory and DOM. Now, buyers and sellers are trying to figure out who has the strongest will not to do anything. Buyers are on the sidelines. Sellers still want high prices. The market is moving up SLOWLY while everyone is confused.

Jun 03, 2019 05:15 PM
Rainmaker
809,308
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

They have surpassed our last peak ('07). -K

Jun 03, 2019 02:02 PM
Rainmaker
680,965
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Overall, we are exceeding 2005-2006 and depending on price range ... under $275,000 (Seller's Market) ... over $300,000 (Buyer's Markets) however, there are always those exceptions.

Jun 03, 2019 09:18 PM
Ambassador
1,087,576
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

We've exceeded them in our local market, while many markets I work in have gotten close.  A small handful of markets I work in still haven't fully recovered from the crash.

Jun 03, 2019 02:13 PM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

As long we can sell today. :)

Jun 03, 2019 02:10 PM
Rainmaker
5,773,914
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Peter,

I happen to be in full agreement with Michael Jacobs 

Jun 03, 2019 01:02 PM
Rainmaker
5,034,170
Richard Weeks
Dallas, TX
REALTOR®, Broker

Prices exceed 2004 numbers.

Jun 03, 2019 12:45 PM
Rainmaker
1,713,576
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In Jupiter our second home is back to pre 2008 levels. In Oklahoma City we are up about 40%.

Jun 03, 2019 11:55 AM
Rainmaker
8,042,260
Roy Kelley
Retired - Gaithersburg, MD

Nope.

Jun 03, 2019 11:35 AM
Ambassador
5,125,526
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I think, in general, we are above those prices now

Jun 03, 2019 05:19 PM
Rainmaker
1,526,824
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

We're above the last cycle's peak for the most part here.

Jun 03, 2019 03:12 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Measurably above the price points of 04-05.

Feeling buyer reluctance on 2nd home investment especially in the above 2 mil market so the observable is a growing DOM. But they DO sell. Onwers are telling the 'REDUCE THE PRICE' agent to go pound sand

CONDOs. Here in my slice of paradise, the condo buyer is the price sensitive retiree escaping the lands of the frozen chosen..  Still strong demand but prices have certainly flattened at above 94-05 levels.

Jun 03, 2019 03:10 PM
Ambassador
3,394,688
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Most markets in my area are seeing a correction.  Days on market increasing. Price reductions. Homes that are priced right are still selling in short order.

Jun 04, 2019 07:52 AM
Rainmaker
1,742,627
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Still climbing!

Jun 04, 2019 07:40 AM
Rainmaker
5,389,509
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Chicago has some slow pockets and some hot pockets. It can change by the block or the building.

Jun 04, 2019 04:47 AM
Rainmaker
1,639,446
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

 

Prices are still very high in my area, for several years now. Here are there we see  price drops, but affordability is still a huge issue. LA County still has a dozen or more of the nation’s most expensive zip codes.

Jun 04, 2019 12:07 AM
Rainmaker
649,103
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Most areas in the County are back to the 05 level, but there are pocket areas that are still under water

Jun 03, 2019 07:09 PM
Rainmaker
719,181
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I'm not sure we are anywhere close to a peak in my market Peter. But we do see consistent equity/value appreciation and our inventory is below 'normal' numbers, i.e. short supply....

This year is sure an interesting year.

Jun 04, 2019 06:42 AM
Rainmaker
2,819,618
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Things are running at "peak" 

Jun 04, 2019 06:22 AM
Rainmaker
1,233,657
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Yes and beyond in most instances

Jun 04, 2019 10:19 AM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Jun 04, 2019 10:14 AM
Rainmaker
933,217
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

Yes, and exceeded in most areas and price points. We never had the bubble. We were slow to move into the recessions and quick to move out. Some people definitely lost money but, for most it wasn't at the level of other states.

Jun 04, 2019 07:59 AM
Rainmaker
5,944,341
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

June 2018 was probably our high point and values are still climbing, just not at 10%.

Jun 17, 2019 10:07 AM
Rainmaker
5,105,852
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Up Up and away still here.

 

Jun 06, 2019 09:44 AM
Ambassador
3,204,081
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

06 to 07 was the peak here and we declined until 12, flat until 17 and no we are not peak price again and frankly years away from it.  Not at the building level either.  We have a decent amount of contract construction, but not any spec homes to speak of

Jun 04, 2019 10:02 PM
Back to Top
Ask a Question

Our real estate Q&A site is a place where real estate professionals can ask their peers questions so we can all learn and grow as a community.

Members of our community can ask, answer, like, and subscribe to questions. Visitors to our site can read the questions and answers that were marked as “public” by the author.

Recent Questions
View All Questions arrow_forward