How are home prices changing in your area?

Mon, Oct 6, 2008

Trulia quick reads

How are prices changing in your area?

Uncertain whether you should buy or sell in this market? You’re not alone. Trulia’s weekly newsletter survey showed that nearly three out of four of you believed the Government’s recent efforts to help the housing crisis are not enough. And, over half of you still weren’t sure you would buy if mortgage rates fell below 5.5%. So what can you do?

Research your local Stats & Trends and take matters into your own hands. See weekly and annual price changes for every U.S. city. Next, check out Market Trends, where you can find monthly changes in sales prices by bedrooms. Then find homes on Trulia that match what you’re willing to pay.

Which neighborhoods and nearby cities are affordable?

New York, NY
Compare neighborhoods and nearby cities by price on our handy Heat Maps. Looking for something more affordable? Check out nearby cities (i.e. Brooklyn) that offer easy commutes and good deals.

Tip: Check out which neighborhoods have changed the most weekly in the ‘Movers & Shakers’ section here.

Are your local home values going down?
	San Diego, CA Wanna know if your town will weather the real estate storm? Get a snapshot on the weekly changes in list and sales prices for your city, including the number of homes for sale, foreclosures, and open houses in the Real Estate Overview. See an example for San Diego or enter your city
Tip: Get a deep data dive by clicking on “More Market Trends”, where you can compare historical prices and price per sqft based on the number of bedrooms. See an example for Austin, TX.

How’s the local school district and crime rate?
	Atlanta, GA Get the scoop on local schools and community info on all Stats & Trends pages. From the average household income to the year most homes were built, figure out what factors will help or hurt your local home values. See an example for Atlanta or enter your city
Tip: Do your local research all in one place, including average commute times and links to local news sites on your city’s community page. See an example for Orlando, FL .

Celebrity Home Sightings Ι Get your superficial fix here.

Legendary Hollywood Pickford mansion: reincarnated and for sale?!
If you know anything about old Hollywood, you know actress/producer Mary Pickford and hubby actor Douglas Fairbanks.Known as “America’s Sweetheart”, Pickford cofounded the United Artists studios and defined the film industry at a pivotal time. Not only was the couple legendary, so were their parties.
This 25,000-square-foot Georgian-style manor was originally built in 1919 but was reconstructed in 1991. Boasting 17 bedrooms, the estate includes elevators, a ballroom, a library, an indoor spa, gym, pool, a disco, a wine cellar and enough parking for 30 cars. What a steal for $60 million!
See the Pickford mansion on Trulia

Advice & Opinions Ι Get insightful, fast, FREE advice on home buying & selling

Blog of the week

New Housing Act In Effect Today, Saving Your Home From Foreclosure!
Today is a new day for borrowers in danger of losing their homes to foreclosure. Today is the first day that the Housing and Economic Recovery Act of 2008 goes into effect. This act was designed to motivate lenders to work with the consumers in… see more or reply

Written by Erica Muller, Real Estate Professional in Windermere

Question of the week

Q: With so many houses on the market and great bargains, what makes a house sell these days?
Asked by Ruthless, Just Looking, in Western Springs, IL
A: It is my feeling that there are three components to getting a house sold in my market today: 1) Prepare the home for selling … see more or reply

Happy House Hunting

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