Welcome again to our lively discussion of property investments and the economy. We've assembled our panel of real estate experts: Donald Trump Jr. of the Trump Organization, Peter Slatin of Real Capital Analytics and Michael Feder of Radar Logic, all based in New York. (Two of our regular panelists from the West Coast, Spencer Rascoff of Zillow.com and Patrick Lashinsky of ZipRealty, are away today.) We have a guest: Sami Inkinen, of Trulia.com. Trulia.com is a San Francisco company that publishes house listings, data and analytics about neighborhoods all around the U.S. for free on its Web site. Sami is chief operating officer of Trulia.com. Gentlemen, we'll talk a little later about capitulation, which I think of as the moment when home sellers finally stop calling every bid they see "lowball." But first--Michael of Radar Logic reported this week that its RPX index of housing prices for U.S. metros was up in April, for the first time since June 2007. What's to say this isn't just a seasonal uptick?Real estate might be seeing a seasonal uptick, after the RPX index for housing prices in U.S. metropolitan cities was up in April.
Monday, July 6, 2009
Real Estate Seeing Uptick
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