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Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty)

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Ambassador
2,161,048
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Not sure what you are asking. Our values have arrived at about the 2008 values more or less. 

Sep 06, 2016 04:16 AM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Yes, agents are always taking on over priced listings

The brokers teach - Get the listing, we're worry about the price later

I teach get the listings you can sell, let others have the rest

Sep 06, 2016 11:53 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It depends on the location. I watch the tendency too ( and post sometimes live infographics in my market reports), some areas caught up with pre recession prices, some are still a bit behind, but not as much as 30%.

Sep 06, 2016 11:56 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kevin... don't know what you mean as a "new theshold."

Sep 06, 2016 05:17 AM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The Real Estate cycle speaks and we do well to listen as your question indicates you are doing. I am watching this and recommend caution

Sep 06, 2016 04:06 AM
Rainer
232,019
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

Yep - happens all the time here

"He/she who has the most listings wins" according to the broker training here

Sep 07, 2016 12:23 AM
Rainmaker
7,836,139
Roy Kelley
Retired - Gaithersburg, MD

This varies by market.

Sep 06, 2016 11:06 PM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

30% is an incredible number.  It certainly appears your area had a severe impact.   That was not the case in my immediate area.  

Sep 06, 2016 10:46 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, we're not up to the pre-bubble values.

Sep 06, 2016 10:30 PM
Rainmaker
5,005,659
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Our home prices are higher than back in 2005-2008 and are rising steadly.

Sep 06, 2016 09:54 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Many still selling below the purchase price in the 2005-2009 time frame

Sep 06, 2016 09:40 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Kevin J. May - you may be right. A buyer who bought in 2006 with me recently sold with me at a price much lower than that.

Sep 06, 2016 04:10 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I have noticed similar situations here with homes that were built during those same years.

Sep 06, 2016 01:04 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

My market is significantly above 2005 to 2008 values.

Sep 06, 2016 12:19 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I'm seeing that, too, with houses that sold for fair market value at that time. Although we are seeing prices go up throughout my area. 

Sep 06, 2016 12:11 PM
Ambassador
6,393,494
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont think that our prices will be getting to where they were back then again.

Sep 06, 2016 09:43 AM
Rainmaker
4,936,705
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Sorry Kevin, explain a little more about this.  Sounds like a good question.

Sep 06, 2016 09:33 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Ours have met those prices though not much over to cover selling expenses. Some sellers are still bringing money to the table.

Sep 06, 2016 08:44 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Are you equating sold price vs listing price? Not clear Kevin.

Sep 06, 2016 08:23 AM
Rainmaker
1,090,762
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Can you define "new threshold"?

 

Sep 06, 2016 07:15 AM
Rainmaker
2,810,149
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Kevin - We didn't see much drop in value - the market slowed way down but didn't crash. Now, we're well above those values for almost everything.

Sep 06, 2016 07:09 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have no idea.

Sep 06, 2016 05:18 AM
Rainmaker
61,716
Scott Thompson
Columbia Mortgage Plus - Blue Springs, MO
Commerical Finance - Blue Springs, MO

I'd say that is a good thing. 

In Kansas City, the midtown historicals seemed to glide through the meltdown with little or no adverse effect to value.

They often stay on the market a year or two, frequently cash buyers etc.

 

Everything else was toast.

Sep 06, 2016 04:45 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not sure I fully understand the question.  Then again, I haven't done that level of research.

Sep 06, 2016 03:29 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Threshold? You mean loan threshold? I think that people can no longer afford those homes so they can finally sell. At least that's what's happening in my area.

No equity gain other than break even or lightly dip into their pockets.

In the last week I've seen many short sales. I think that people can no longer wait for prices to go up.

Sep 06, 2016 03:20 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

properties that were sold in our marketplace between 2005 and 2008 and have sold again in 2016 have not regained all of their equity.... close, but no cigar!!! not yet, anyway....

Sep 06, 2016 03:16 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, I have noticed that too.

Sep 06, 2016 01:25 PM