Data Choices
We compile. You decide.
Entire Year of Housing Reports!
Need Marketing Expertise?
See the video! Click the camera!
 |
 |
 |
 |
 |
 |
Is the Housing Market Experiencing a Bottom? Our Predictions for 2010 and beyond!
Order now to lock in these low rates!
NOTIFY ME when this article is updated! (click here) Already a subscriber? Login Here
|
|
The information in this article is merely an opinion on the real estate market. It uses U.S. Census Bureau data on New Home Sales (not existing homes or non single family homes) to derive an opinion. No statement within this article should be viewed as a suggestion or statement to buy or sell real estate for investment purposes or any other purpose. The data was garnered from sources believed to be accurate but is not guaranteed. The real estate recovery prediction is a forward looking document which is only an opinion.
Yet again we called the housing market of 2009 with amazing accuracy.
Did you know . . .
- We predicted low but flattening sales in the second half of 2009!
- We predicted the 'Adam Smith' effect of the first time homebuyers incentive which was originally slated to expire in November of 2009!
- Our subscribers are now learning of events we believe will transpire in 2010!
With pinpoint accuracy we called the 2008 housing market in October of 2007.
With continued accuracy we called the 2009 housing market in November of 2008.
And we have now made predictions through May of 2010 which are currently available to our subscribers!
Want to see what we said several months ago? Keep reading!
Many times our opinions on market direction were first published here - and later those opinions proved true and the hard facts were printed in the newspapers for others to learn about much later!
We now provide an opportunity to obtain a full year of our reports for about ten bucks a month. An entire year of reporting is now available! Click below to order now!
Jump to the latest update by clicking here!
The following data and charts reflects new home sales only unless otherwise stated.
Data and associated graph from the New Houses Sold, by Sales Price report from the U.S. Census Bureau (broken out by quarters - totals have been rounded) (uses non-seasonally adjusted figures) (Some figures are preliminary and most figures are revised by Commerce in the months following the initial report) Data believed to be accurate but is not guaranteed.[Thousands of houses. Components may not add to total because of rounding.]
|
|
|||||||||||
Our Analysis: 7/10/2010 Update: For updated reports and complete analysis you must subscribe now! Our first quarter report for 2009 was crystal ball accurate. Our second quarter report for 2009 was crystal ball accurate. Our third quarter report for 2009 was crystal ball accurate. Our fourth quarter report for 2009 was crystal ball accurate. Now our first quarter report for 2010 has been released to our subscribers. Past performance does not guarantee future results. Data reflects new home sales data only from the U.S. Department of Commerce.
Median sales price in May was $200,900. Check out what we have been telling our subscribers for the past few months! Here is some of what we told our subscribers last year, before the latest numbers were released: "December and January are clearly shaping up to be potential points of inflection within the marketplace. Those final December numbers and some initial numbers for January will be needed for further analysis. Additionally we need to see how this extended artificiality affects the marketplace further, now that it has been extended. Having said all that, and with so many exciting possibilities currently developing, we believe that January may well disappoint most home watchers and reignite talks of another bad year for housing in 2010. We further believe that this anomaly, should it develop, will likely be an aberration and that the March, April and May period may then turn out to be stronger than the new lessened expectations." Now go look at theMarch and April numbers - THEY ARE HUGE! Who could have possibly thought that we would see a near fifty percent increase in new home sales in year over year results for April and almost a fifteen percent increase from last month? DATACHOICES - THAT'S WHO! ABC News, and other news sources, made dire reports like this one, just as we predicted. And then again - just as we recently predicted - the March numbers and the first quarter numbers came in higher than the 2009 numbers! That hasn't happened in five years! How could we possibly predict something that hasn't happened in five years and yet call not only the January disappointment, but the March rebound? AMAZING! Read that one more time: BEFORE the January disappointing numbers were released we not only predicted the bad numbers, but we also predicted it to be an aberration and that the March numbers would be higher than expected. A prediction made even before the January low was reported! From ABC News about the January numbers just after they were released: 'Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.' OK - so we will say it one last time: You can read about yesterdays news along with everyone else or you can subscribe and read tomorrow's newspaper today! Maybe that is overstating it a tad - after all it is only our opinion and we could always be wrong.....one day. Now the First Quarter results are in! What are we saying now about the 2010 housing market? Subscribe and find out! "Where is the housing market headed in 2010?" While we will continue to post limited updates right here in our non-subscribers section, if you wish to see the latest information on the housing market when those reports are released then you should subscribe for the extremely low annual fee of $119.95 for an entire year! That's less than ten bucks a month! Subscribers also have access to our updated metro area report which includes information about the Spokane, WA housing market. You can see an old metro area report below. The information is from one of our prior reports. You must subscribe to get the latest in depth analysis! We utilized a proprietary Data Choices algorithm to analyze this data. We are ignoring existing home sales for this report. |
||||||||||||
As with all real estate market predictions they are subject to being wrong and are only opinions. Nevertheless, just as with our Strong Dollar Project, we will continue to monitor and update the situation. If we are right about the bottom we will certainly indicate that in future reports. And if we are wrong then the whole world will know! Analyzing real estate data is much like analyzing any form of demographic data - data which can be vital to your career! And at Data Choices we love to analyze data and give you choices!
As always we stand on integrity and hard work. Past performance is never a guarantee of future results.
If you would like to hear about updates enter your email address below. We may also send other articles and items that may interest you in the near future!
If you would like to SUBSCRIBE and get the full report, complete with our ongoing analysis, click here!
This article will continue to be updated as we analyze the pricing data and attempt to garner further information about a possible recovery in the housing market. Information is obtained from sources believed to be reliable but is not guaranteed.
This report, and others like it, are supported by our advertisers. If you see advertisements that interest you, please visit our sponsors by clicking on the associated links!
Spokane Washington Housing Report as compared to National Metro Prices - See it here!
