Looking up last few years of prices in real estate. What do i look up?

[halperin]

What exactly do I need to look up if I am trying to find out what has happened to the real estate prices in my area for the last few years. Is that called something? Also, if there is any prediction for certain areas for the next few years on whether predictions are prices will go up or down. Cant figure out what to search Google for.

[ahnuld]

search future market real estate and check out some links. I know ppl trade average future home prices in the biggest american cities. That would be the best guess as to where prices are going in the future

[spex x]

Find your local Board of Realtors website. It should have plenty of info. If not, call the B of R and ask them, they track all that information.

[DcifrThs]

what is your area?

i can pull the historic data immediately via economagic [img]/images/graemlins/smile.gif[/img]

Barron

[spider]

If you are talking about some kind of index, Case-Shiller S&P index is best if it covers your city (they do 20 cities I believe). OFHEO's index is next best and covers every MSA.

If you want to see actual sales of specific addresses, keywords to google might be: property sales, assessment, home prices, real estate. Key is to look for it for your specific county.

[maxtower]

This a good site for Case Shiller graphs mentioned above
http://macromarkets.com/csi_housing/MSA/detroit.asp

[ahnuld]

[ QUOTE ]
what is your area?

i can pull the historic data immediately via economagic [img]/images/graemlins/smile.gif[/img]

Barron

[/ QUOTE ]

wow all thats there too? Sounds pretty sick, think ill sign up

[spider]

As far as a market prediction, you've got a couple of options. One is to go by stuff like vacancy rates, inventory levels, price of housing relative to rents, etc. Most of these indicators suggest prices will keep falling. But predictions are only predictions.

If you want to see what the market is predicting, you can look at the futures based on the S&P Case-Shiller index, traded on the CME. I am not quite sure how to read these prices, but theoretically you can derive an implied prediction from them. Also, I think they are fairly thinly traded, so that would also call into question the strength of their predictive power.

[DcifrThs]

[ QUOTE ]
[ QUOTE ]
what is your area?

i can pull the historic data immediately via economagic [img]/images/graemlins/smile.gif[/img]

Barron

[/ QUOTE ]

wow all thats there too? Sounds pretty sick, think ill sign up

[/ QUOTE ]

i haven't tested it though so give me an area to look up ...

Barron

[halperin]

the area is Orlando, more specifically by ucf.