John Wake - Seeking Alpha 'John Wake' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/john-wake Phoenix Housing Inventory Down http://seekingalpha.com/article/138036-phoenix-housing-inventory-down?source=feed 138036

Price (green line)

The median price in metro Phoenix of single family homes sold via the MLS fell to $118,000 in April 2009. The median home price in Phoenix, Arizona hasn’t been that low since sometime in the 1990’s. I only have data back to January 2000.

]]> Sun, 17 May 2009 03:58:37 -0400 John Wake John Wake submits:

Price (green line)

The median price in metro Phoenix of single family homes sold via the MLS fell to $118,000 in April 2009. The median home price in Phoenix, Arizona hasn’t been that low since sometime in the 1990’s. I only have data back to January 2000.


Complete Story »]]> IYR XHB John Wake Over-Correction in the Phoenix Housing Market http://seekingalpha.com/article/112390-over-correction-in-the-phoenix-housing-market?source=feed 112390 It’s now looking like over-correction in prices is a likely possibility in the Phoenix area residential real estate market.

]]> Sun, 28 Dec 2008 06:25:15 -0500 John Wake John Wake submits:

It’s now looking like over-correction in prices is a likely possibility in the Phoenix area residential real estate market.


Complete Story »]]> RKH John Wake The Reverse Ripple Theory of Metropolitan Home Price Corrections http://seekingalpha.com/article/71182-the-reverse-ripple-theory-of-metropolitan-home-price-corrections?source=feed 71182 You drop a rock in water. The ripple is largest at the center and becomes weaker as it spreads out.

In the Reverse Ripple Theory of Metropolitan Home Price Corrections (you got a better name?), home prices in the outlying areas with a lot of new construction will tend to fall most and first (the splash), as it moves toward the center of the metro area, the ripple weakens and the fall in home prices is progressively less and later.

]]> Fri, 04 Apr 2008 05:16:48 -0400 John Wake John Wake submits:

You drop a rock in water. The ripple is largest at the center and becomes weaker as it spreads out.

In the Reverse Ripple Theory of Metropolitan Home Price Corrections (you got a better name?), home prices in the outlying areas with a lot of new construction will tend to fall most and first (the splash), as it moves toward the center of the metro area, the ripple weakens and the fall in home prices is progressively less and later.


Complete Story »]]> John Wake