cheaprealty net

Your RSS feed doesn't work very well.

Not sure I understand what the problem is based on that comment.... it's kind of vague.  There are a few different feeds on the site, and you haven't explained how you are accessing the feed or the nature of the problem.

Glad you are trying to access the site though, that's good....

http://cheaprealty.net/rss.xml hasn't updated in weeks. I had no idea your blog was even updating. Also, my feed reader shows every entry that is in there as having no description...

That feed only contains the stories at the bottom of the front page. It only contains the titles on purpose, the point of the feed is to send the links so you can click on them and come back to my site, not to provide material to aggregate off-site. There are also other feeds on the site; if a feed hasn't updated for weeks, it's because nothing new has been published in that section. I maintain the whole site myself, and if I am working on some other areas of the site, it could take awhile for some feeds to update.

When you mouse over the RSS icon, you will see the feed that it belongs to. If you are on a different page of the site or in the comments for instance, you will see that the feed is different.

For instance, check out the icon below, you will see all the comments from this post in order.

Otherwise, feel free to visit the site once in awhile to see what's new. This is a hobby, not a professional site, so the rss feed is not likely to improve much in the near future.

O.k. Looking at this data vs. those from even three days ago (the 13th), there is a shift of around 40 single family houses from above the median price (854 to 800 13th to 16th) to below median (383 up to 411). Either a large number of houses above median have just sold, or there is a shift in listings from above median to below median. From the comments that Roger, Patriotz and others have been making at Victoria's Truth - that is there are a high number of price reductions occuring, we could be seeing the overall median listing price dropping. This would mean that $/sq ft is dropping, indicating that people are putting less value on housing. The actual median and average selling price may stay high for a bit (depending on the mix that is selling), but the real prices may be dropping - especially considering the overall rising inventory.

An inflection point? Possibly.

Dumb Canuck

I was thinking the same thing, it looks like maybe some of the more expensive houses are starting to drop their prices - maybe six months of inventory is finally starting to get the message across.

Sorry for the delayed comment, got caught by the spam filter, but hopefully won't happen again. Thanks for the insight. 

Greg,

I did a check on MLS for houses over the median last night.  I got 883 instead of your 800.  Is it possible that there was an  addition or transcription error in your chart?    Perhaps the MLS database was messed up when you checked it.   Just asking - I look at your stats every week that they come out.

Roger, it's possible they were deleting listings and hadn't added any new ones yet. I did that count pretty late at night. Your number is more in line with my earlier count from the 13th. Thanks for the heads up, maybe I shouldn't do my search so late, but sometimes that's the only time I can get around to it. My methodolgoy is not very rigorous....

I'll post my next search results later today. Thanks.