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Part Precision, Part Luck
Recently I discussed the merits of the median home price per square foot as a somewhat better indicator of home pricing power than the plain-vanilla median price.
Displaying four-month charts of each series, I noted the remarkable smoothness of trend in the former as compared to the latter.
I have since attained some more historical info, and when we zoom out a bit to see the bigger picture, it becomes clear that the median price per square foot hasn't moved as smoothly as it initially appeared. The seeming tranquility during our initial four month period was as much luck as anything -- always a danger with small data sets.
While a bit more volatile than it first seemed, this indicator still looks pretty serene compared to its more widely-cited brethren.
I'm still favoring the median price per square foot as a better means of determining what's actually going on with home prices.
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Hubby's debt to society becomes Mrs. Cunningham's albatross.
Friday, October 6 -- 6:54 pm
The mayor wants to set the record straight.
Friday, October 6 -- 6:23 pm
A month before the election, opponents of Mayor Sanders' ballot initiatives show their faces.
Friday, October 6 -- 5:57 pm
SURVIVAL IN SAN DIEGO
San Diego County homeowners are squeezed out to Temecula and Hemet, but how are renters doing in those towns?
Friday, October 6 -- 6:25 pm
LETTERS TO THE EDITOR
Thursday, October 5 -- 4:31 pm
CAFÉ SAN DIEGO
Reporter for hire retires -- but I'll be back.
Friday, October 6 -- 6:14 pm
COMMENTARY: SLOP
The mayor's guy doesn't like the Navy Broadway deal but thinks we should have live up to our past decisions as a city.
Friday, October 6 -- 1:48 pm
COMMENTARY: RICH TOSCANO
How will the Feds' new mortgage guidelines change the lending landscape?
Friday, October 6 -- 11:00 am
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This Just In
A little recognition. » Nov. 21 -- 4:03 pm
It doesn't look like the mayor has the City Council votes to shut down libraries and rec centers.
Nov. 21 -- 2:02 pm
The first day a store opens, shoplifters have a field day.
Nov. 21 -- 11:43 am
SURVIVAL IN SAN DIEGO
Retail and construction sectors lose a combined 10,000 jobs over the year in San Diego County.
Nov. 21 -- 5:43 pm
LETTERS TO THE EDITOR
Time to pony up.
Nov. 20 -- 7:20 pm
CAFÉ SAN DIEGO
Follow up to your responses and questions.
Nov. 20 -- 7:07 pm
COMMENTARY: SLOP
It's not looking like he did.
Nov. 21 -- 4:50 pm
COMMENTARY: RICH TOSCANO
Home sales have exploded in low-priced areas of San Diego even as they decline in pricier neighborhoods.
Nov. 20 -- 11:13 pm
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