Tag Archive

Are PA housing markets over-valued or under-valued?

By Austin Jaffe, Ph.D.

All Pennsylvania cities show evidence of relative price declines from their fair value estimates from 2006 to 2010, except Harrisburg, which extended its over-valuation, and Scranton, which is about the same. »

What’s the difference between price and value?

By Austin Jaffe, Ph.D.

Imagine a simple housing market where all property values are known with certainty. Even though values are not observable, all current prices would be “correct” (i.e., identical) and all future prices would be perfectly predictable. In such a market, price always equals value. »

Home prices continue to disappoint

By Austin Jaffe, Ph.D.

Many of us have been watching Case-Shiller house price numbers over the past three years and were pleased to see four months of consecutive increases. Other indices reported enhanced prospects for the bottoming out of residential house prices so long in our hopes. Now there is a new report that suggests these recent developments... »

‘Win’ a house on the web

By Kim Shindle

A new online game offers participants the chance to “win” a house for the low, low entry fee of $35. Legal opinion cautions that this may be one more Internet-based scam falling into the “if it seems too good to be true, it probably is” category. »

Thursday, September 9, 2010

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