Comments on: Central Texas home sales stay hot in May http://crosslandteam.com/blog/2007/06/20/central-texas-home-sales-stay-hot-in-may/ Austin Real Estate Blog Fri, 11 May 2012 17:13:15 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Steve Crossland http://crosslandteam.com/blog/2007/06/20/central-texas-home-sales-stay-hot-in-may/#comment-760 Steve Crossland Fri, 13 Jul 2007 16:05:14 +0000 http://ben.crosslandteam.com/blog/2007/06/20/central-texas-home-sales-stay-hot-in-may/#comment-760 > How can home prices appreciate “more than 10% in the first quarter” That comment means "first quarter sales this year compared to first quarter sales last year". Not that homes increased in value 10% between Jan and March. Out market is good, but not that good. Steve > How can home prices appreciate “more than 10% in the first quarter”

That comment means “first quarter sales this year compared to first quarter sales last year”. Not that homes increased in value 10% between Jan and March. Out market is good, but not that good.

Steve

]]> By: ed http://crosslandteam.com/blog/2007/06/20/central-texas-home-sales-stay-hot-in-may/#comment-761 ed Fri, 13 Jul 2007 14:05:37 +0000 http://ben.crosslandteam.com/blog/2007/06/20/central-texas-home-sales-stay-hot-in-may/#comment-761 How can home prices appreciate "more than 10% in the first quarter" and yet only be up 5% from a year earlier. I guess its theorhetically possible but unlikely or maybe I'm reading the numbers wrong. That means if I bought a 100k house on Jan 1, then it would be worth 110k at the end of March. If that 110k house in March is up 5% from last March, then the house would have been at about 104500. Thanks How can home prices appreciate “more than 10% in the first quarter” and yet only be up 5% from a year earlier.
I guess its theorhetically possible but unlikely or maybe I’m reading the numbers wrong.

That means if I bought a 100k house on Jan 1, then it would be worth 110k at the end of March. If that 110k house in March is up 5% from last March, then the house would have been at about 104500.

Thanks

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