Friday, January 10, 2014

A lost decade for real estate investment?

For the really big picture, look at this.
Here's some moderately good news, likely to be of interest to local real estate investors.

If you bought a $150,000 home in Idaho Falls ten years ago, it would have been worth $179,745 in the third quarter of 2013. That represents a gain in value of about 20 percent, or 2 percent annually. Not great, but a day in the park compared to Las Vegas.

Here's the bad news: If you bought a $150,000 home anytime between the spring 2006 and the end of 2010, you're still under what would be called the Mendoza Line in baseball. From then until now, it's been an up and down kind of thing.

I'm getting my numbers from the Federal Housing Finance Agency's House Price Index Calculator, a site on which I occasionally like to play. You can go there yourself to get more detailed numbers that might apply to you.

Quarter Q3 2013
Bought Value

Q1 2004 $179,745
Q2 2004 $176,410
Q3 2004 $170,310
Q4 2004 $169,274
Q1 2005 $169,180
Q2 2005 $162,540
Q3 2005 $156,332
Q4 2005 $154,324
Q1 2006 $151,306
Q2 2006 $146,195
Q3 2006 $143,170
Q4 2006 $139,966
Q1 2007 $135,232
Q2 2007 $133,875
Q3 2007 $131,120
Q4 2007 $131,541
Q1 2008 $129,634
Q2 2008 $129,830
Q3 2008 $134,277
Q4 2008 $130,892
Q1 2009 $130,482
Q2 2009 $132,997
Q3 2009 $137,535
Q4 2009 $138,328
Q1 2010 $144,454
Q2 2010 $142,679
Q3 2010 $143,076
Q4 2010 $144,731
Q1 2011 $152,002
Q2 2011 $155,027
Q3 2011 $149,823
Q4 2011 $150,975
Q1 2012 $151,306
Q2 2012 $152,965
Q3 2012 $154,511
Q4 2012 $149,591
Q1 2013 $151,032
Q2 2013 $153,763


  1. Sounds really good that after ten years the $ increase pretty well...really worth!

  2. As usual, one essential piece of knowledge was missed of the story that may add additional context to the rationale why the plane was experiencing engine issues therefore giving the security record of General Aviation airplanes and dependableness another extra black eye. The pilot according that his heavier-than-air craft was ICING UP and experiencing engine issues. in this space at that point (over the high Rockies and within the middle of winter) he would have had a high likelihood of flying into icing conditions and in this heavier-than-air craft (single engine, in all probability loaded to grievous bodily harm weight or a smidgin on top of, no de-icing, {probably|in all likelihood|most likely} no radar or a scarcity of expertise victimisation it) a fair higher probability of eventually bally. Icing conditions square measure a pilot's worst nightmare and any coaching with regards to aviation weather and avoiding dangerous conditions can feature a awfully compendious and extremely stressed space of essential data on a way to scan a weather outlook checking for and avoiding icing conditions. Ever been on or noticed however the industrial flights can delay for what appears hours simply to de-ice their airplanes at the slightest hint of frost on a plane's wing? in fact he eventually started having engine troubles. His heavier-than-air craft was assembling ice and each intake was hindering up. His wings would are icing and losing their safety-designed mechanics properties and also the already heavily loaded plane would are gaining additional weight. Before the flight started he ought to have scan a part forecast and searched for A) visible wetness and B) phase transition temps between zero and twenty degrees astronomer on the route and at the altitude wherever his craft would be in operation. These conditions would definitely be a red flag for anyone coming up with on flying this explicit route during this explicit heavier-than-air craft. i am forward he took off with a reasonably significant heavier-than-air craft, since there have been 5 souls on a six-seater (which does not essentially mean it'll simply carry six people notwithstanding what) and their vacation travel baggage, and this may mean nearly bound disaster upon reaching icing conditions. one engine plane are in operation at near its most ceiling (which would be lower thanks to its weight) over those mountains and once encountering ice (especially over mountains) the sole recourse would are to climb, that he in all probability couldn't do, or it appears equally doubtless, that he was too inexperienced to understand what he had to try to to. After that, the end result was just about inevitable.

  3. We should assess the items which may happen in our Property Investment to form that we are able to control things for the good thing about our business. the foremost important message that my agent told me is that to find out first which will help us run our business well.real estate investing consider the way on how things will go furthermore for our business and confirm that we are able to possibly achieve everything we've.