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Showing posts with label Radar. Show all posts
Showing posts with label Radar. Show all posts
Wednesday, July 25, 2012
Wednesday, June 27, 2012
Radar Watching: April 2012
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Thursday, June 14, 2012
Radar Watching: March 2012
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Thursday, April 19, 2012
Radar Watching: February 2012
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Friday, January 27, 2012
Radar Watching: November 2011
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Friday, December 23, 2011
Radar Watching: October 2011
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Saturday, November 19, 2011
Radar Watching: September 2011
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Monday, September 26, 2011
Radar Watching: July 2011
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Thursday, May 26, 2011
Radar Watching: March 2011
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Tuesday, February 8, 2011
House of the Day: A $34M Lake Tahoe Estate Flies Under The Radar
× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Friday, January 14, 2011, by Rob
Have a nomination for a jaw-dropping listing that would make a mighty fine House of the Day? Get thee to the tipline and send us your suggestions. We'd love to see what you've got.
Location: Incline Village, Nev.
Price: $34,000,000
The Skinny: The $100M estate Tranquility casts a long shadow over Lake Tahoe real estate, but, if this compound is any indication, it doesn't exactly hurt to be second best. Sited on eight acres, Osprey was built in a more contemporary style than its mega-mansion neighbor, but the results are no less luxurious. The 7,100-square-foot eight-bedroom main house rests comfortably among towering old growth trees, but it's the 1,000-square-foot guest house (above) that really takes the cake. Paneled in mahogany, the guest house features floor-to-ceiling glass facing a sculpture garden and glorious views of the lake. Unfortunately, to get that little slice of lakefront heaven, you'll have to cough up for the whole estate. The $34M price might not be $100M, but its no drop in the bucket.
· Osprey Estate [Chase International]
· Tahoe Lakeside Requires Boatload of $100M Big Ones [Curbed National]
Saturday, January 22, 2011
Radar Watching: November 2010
As I have noted in the past, since the home price index data provided by Radar Logic is more timely, unadjusted and un-smoothed it is particularly useful for gaining deeper visibility over our housing markets especially in light of the distortions created by the massive government tax gimmick and other malfeasance. By contrast, recognize that because the S&P/Case-Shiller (CSI) data is a two month lagged and a three month moving average, the index data will reflect price movement resulting from the government's housing tax scam (as BostonBubble pointed out) until at least the February 2011 release.
The Radar logic data, on the other hand, while lagged by 60 days is reported daily and, more importantly, is NOT SMOOTHED or adjusted so you can expect to see the underlying trends more precisely and substantially sooner than with the CSI.
As for the latest trends, it’s important to note that the 25-MSA Composite is continuing to show significant year-over-year declines and a slumping direction that appears bound to wipe-out the low value reached in March of 2009 prior to the government's massive housing boondoggle.
The latest data shows that as of the middle of early November, prices are 2.27% below the level seen in November 2009.
Further, while prices have flattened out in recent months, Quinn Eddins, Director of Research at Radar Logic, suggests that this trend should not be viewed as a sign of stability.
"The absence of volatility in home prices during October should not be interpreted as a sign of stability to come, ... Housing markets continue to face serious headwinds in the form of widespread negative equity, high rates of foreclosure and swelling inventories of bank-owned properties. Even if job creation bolsters housing demand in the 2011, I anticipate that demand will fall short of the burgeoning supply homes for sale, and prices will fall further by the end of the year."
Labels: economy, home prices, radar logic
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