Does anybody know if property specially houses, in california, have gone up or down?
913225
In California there's always property going up condos, town houses, apartments, industry...\nAnd every time there's an earthquake, the property is comming down!.
769522
Prices are going down in many places in the country, including San Diego, Las Vegas and South Florida.\n\nThere is probably not a nationwide housing bubble, but there are certainly come overinflated markets.\n\nPrices nationwide have stopped going up, btw.
65210
In most cases the tax value will be lower than the appraisal value.  I don't know the specifics of NC property tax assessment laws, but in my experiences this is true more times than not.  This may not be true in areas with falling or stagnant market values as tax values may not be updated annually but only once every two, three or four years depending upon your state's laws.
756246
You can find out in Public Records, normally if the house is appraised say 200 thou, they sell it for 75% of that amount, check public records in your area by searching google or altavista..☺
1166254
try looking on the california web site.
48568
The housing market in California is considered overvalued at the moment, however, for a specific house, Equifax.com has a great regression analysis tool to see if the house is over/under valued.
792668
Eventually yes they will have to fall!! Prices are rising at an alarming rate, and it will get to the point where it will be difficult for many people to afford to buy their own home. As the saying goes "what goes up has to come down".
459793
Ask any realtor.  This information is readily available to them.  The title or deed for the house lists all of the previous owners, what improvements were made (such as when structures on the land were built), and dated records of how much it was sold for.  I believe there is a way to obtain this information from your county's courthouse as well.
915731
It's just not in FL, it's like that all the way to the west coast. Prices have dropped from between 5-10% here in just the last few months. New housing construction has slowed to a snails pace and is almost at a stand still. Some places, including Las Vegas are looking at a predicted drop in home values of 25-30%  in the near future. They predict the decline in prices to continue for about 2 years before they level back out. In the meantime foreclosures were up almost 50% this last month in this area (central CA) and are expected to continue into the foreseeable future.
234933
I can't think of any different, but been living here all my life in the bay area in Silicon Valley, Tri-Valley and the  Central Valley.  I like the Central Valley the best, because you don't really feel the Earthquake here.  What really puzzle me the most is high cost housing is in the wrong area because they are on the Earthquake foundations and all other areas in the east of the Bay Area is lower and little effects on Earthquakes.  My point is the Eastern side should cost more than the Western side of California because more safer from Earthquakes.  Any lands that is far side safer from earthquake shall be consider the highest in the house Market!  Funny the House Market should go back to school!
425870
I would suggest checking the amounts that comparable homes that recently sold for, in the same neighborhood, or in the same general area you are interested in. Usually newspapers print real estate transactions once a week or so. Or you can check the county webpage, and see if they have a listing for completed real estate transactions.\n\nI hope this helps.
976018
It depends where in jersey.  Condos on the waterfront are going up in price, not down.\n\nI do closings in jersey, and the market for regular homes has slowed, but prices in general are not making any drastic drops just yet.  I agree that a few months in most of jersey won't make much (if any) difference at all.
48830
This question is relative to the true value of the home.  Equifax.com offers a great utility that performs regression analysis on the home you are looking to buy.  This will be a good place to start to see if the particular home you are looking into is deemed over or undervalued.  In general, California housing prices are considered to be overvalued at the moment.
10469
nope. Parts of California are moving basically north and south relative to the eastern part of the state and the rest of North America. Some day a long time from now LA will be at the latitude currently occupied by SF. But the western part of the state won't "break off."
196315
I wouldn't suggest it unless you are buying a home that you intend to live in for a long time, not for an investment. California is beautiful, but it's so overinflated. I believe that people will continue to buy in California, even if the "bubble" burts because it's such a great place to live, but I don't think the houses are going to increase at the pace they have in the past few years. It will have to correct itself.\n\nIf you are just looking for an investment, consider Phoenix, Tucson or Las Vegas. They are the ones that are increasing so fast now. \n\nI would recommend that anyone check out Rancho Sahuarita. It's south of Tucson, a planned community that is like a resort area. Houses are very well priced, especially compared to California, and they expect the area to quadruple in size over the next 15 years. The community is really, really nice, all new homes in several different price ranges. It's extremely family oriented, only 19 minutes from Tucson but not at all like Tucson (this is a small community of about 17,000 people right now). It has it's own water park, lake, rec center and community activities that are private...just for people who live in Rancho Sahuarita. There is a commercial center (small) built like a town sqauare and condusive to walking. Their are hiking trails and wide sidewalks an one or two active adult designated areas. It's close to shopping, a 6 screen theater, bowling, plus the culture of Tucson, the University of Arizona, Madera Canyon and more. \n\nAlthough I don't live there (I live in nearby Green Valley, an active adult community), I'm thinking of going in with my daughter to purchase a home as an investment for me and to privide a chance for her to live in her own home. She lives in California and can't buy a house there. She's a single mom and could never afford to buy in California. She's planning to move in July. \n\nYou should check it out. There is information on line.
1110783
There is no "standard", just what the market will bear.\n\nBut I just heard a figure you may find interesting.  There was a survey done recently by real estate people and the average monthly rent increase is expected to be 5.3%, about double what the average increase was last year.\n\nReason given is that interests rates are rising so home purchases are slowing.  More people are staying in apartments so demand is up.  Supply is also down as many apartments are being converted to condos.\n\nSounds like you did pretty well.
80273
if it was sold near then, as long as it was sold for near market value, then you will know. You can also apply the trend in your market to the house. This new website has a more information link and you can look at a chart of the value back quite a ways.\n\nYou will need comparables that sold then and what state the house was in too. It is by no means an exact science.\n\nhttp://www.zillow.com