SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KyrosL who wrote (59197)8/5/2006 8:50:56 PM
From: Don EarlRead Replies (1) of 306849
 
RE: "When a housing bubble bursts the difference between sale prices and assessed values starts narrowing."

Interesting theory. Why wouldn't it simply mean the market is starting to level off, and that assessed values are catching up with fair market value?

If, as you claimed in a previous post, assessed values are two years behind the curve in your area, wouldn't that be exactly what you'd expect to see?

How big was the difference around 2000 after an extended period of tame inflation and stable material costs? If memory serves me correctly, at least in my area, assessed value and market price were nearly identical at the time. Golly! I guess that means the bubble burst 6 years ago and no one noticed!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News