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Real Estate Prices
Home price increases may have flattened - Nov. 15, 2005 Web CNN/Money Home News Markets Technology Commentary Personal Finance Autos Real Estate Real Estate Buying & Selling SAVE | EMAIL | PRINT | SUBSCRIBE TO MONEY | Outlook sours for real estate Many indicators point to a major slowdown in home prices. November 15, 2005: 5:47 PM EST By Les Christie, CNN/Money staff writer Most overvalued markets The real estate markets most vulnerable in a housing bust Metro market Median home price Percent overvalued Naples, FL $489,875 79.35% Santa Barbara, CA $609,999 73.69% Merced, CA $256,348 71.71% Salinas, CA $539,273 70.49% Stockton, CA $307,849 68.66% Medford, OR $246,245 64.78% Port St. Lucie, FL $210,727 64.17% Riverside, CA $291,170 62.92% Modesto, CA $287,030 62.77% Madera, CA $256,417 60.39% Source:National City NEW YORK (CNN/Money) - Did homeowners who sold in September get out just in time? The latest report on third-quarter home prices, released Tuesday by the National Association of Realtors, showed continued strength. But increasingly there are signs that prices have plateaued. Of 147 markets tracked , 69 had gains from a year ago of more than 10 percent -- only six metro areas experienced declines. But from the second quarter to the third quarter, the national median home price rose to $215,900, up just 3.8 percent. That contrasts with a 10.4 percent jump in the prior quarter. And more and more leading indicators are pointing to a slowdown. In Boston, real-estate investor Matthew Martinez reports recently having spoken to five condo converters. "They all said the party was over," Martinez said. In Florida, Elena Filipa, vice president of the Corcoron Group in West Palm, said "We've leveled off. I would say prices will go up this year, but not as fast as they have." None of this surprises the many economists who have been waiting for a downturn. Richard DeKaser, chief economist for mortgage banker National City, has been reluctant to call the top, but thinks it has finally passed. "We're coming down the other side of the mountain," said DeKaser. The signs include: Builder pessimism The builders DeKaser surveys are less optimistic than they were even a few months ago. Separately, one leading builder, Pennsylvania-based Toll Brothers, announced last week that expected demand for 2006 would be down, resulting in moderating price increases and fewer sales. New-home sales declining DeKaser also notes that the number of new homes sold have fallen sharply since peaking in July at an annual rate of 1.3 million units. DeKaser calls new-home sales (rather than existing-home sales) the canary in the coal mine. "Developers tend to be more sensitive to market conditions," he said. They have cash flow issues, payrolls, and loans that put more pressure on them to sell. Ordinary home sellers are often more selective than developers, even taking properties off the market if they don't get the price they want. Developers have to drop prices to move inventory. Inventories rising Supplies of new homes are way up, to nearly 500,000 units, from 350,000 a few months ago. "That's an all-time high for new homes," says DeKaser. The higher the inventory, the more likely prices will fall. Sell times are up Houses are sitting on the market longer. New homes now take about 4.1 months to sell and existing homes 4.7; both figures are up substantially. What to expect In a recent survey, NAR members say they predict home prices to rise only 5 percent in the next 12 months. Nearly half of the realtors predict prices will rise less than five percent and 6.4 percent actually expect prices to fall. "You can't expect double-digit price increases to go on forever," said Walter Molony, spokesman for NAR. "We're seeing a market in transition in which there'll be an easing of price increases in the future." While DeKaser expects a slowdown, he predicts an "orderly transition" for the most part, with some exceptions. "There will be busts in some markets," he said. "Mostly, we'll come out of it unscathed." For the most part, DeKaser doesn't envision losses on that scale. He thinks home prices will decline 1.7 percent during the fourth quarter of 2005 and stay almost flat all the way through 2007. But history shows that some over-valued markets could fare much worse. Molony points out that the most severe drops in real-estate prices are usually triggered by an underlying economic crisis. After oil prices went into a six-year decline in the late 1970s, housing prices in oil cities experienced steep drops. In Oklahoma City, prices plummeted 26 percent in real dollars from 1983 to 1988. With inflation, the "real" loss was more than 40 percent. Houses in many oil patch cities are worth less in real dollars than they cost more than 20 years ago. How to protect yourself It may already be too late to cash out at the top, which some residents of hot markets have already done. About 500,000 California residents moved out of state since 2001, according to economy.com, many to take advantage of lower housing prices elsewhere. But houses are not really investments in the same way stocks or bonds are. As an investment, timing the market is touchy -- miscalculate and it can cost you. If, for example, you cashed out a year ago in Los Angeles, expecting to buy back in at a lower price, you'd have to spend nearly 23 percent more for a similar house this year. Add closing and moving costs and commissions and it could cost 30 percent more to get back into the market. Cashing out just doesn't make sense except for retirees or others in a position to relocate or downsize. People looking to buy right now should shop carefully. Look at a number of homes, try not to fall in love, and be realistic about prices. Don't be afraid to bid low. The days of multiple bids may be over for a while. With interest rates rising, try to get into a fixed-rate loan. Adjustable rate loans could adjust to a much higher level when they come due, making monthly bills much costlier. ARMs rates are so close to fixed at this point, it costs little extra to forego the risk of higher rates in the future. ________________________________________________________ Latest prices for 147 markets. Housing affordability is at a low point. For more, click here . Just as the good times may be ending, the Chicago Mercantile Exchange is beginning to offer futures trading in home prices. For more click here . For more articles on Real Estate, subscribe to MONEY Magazine . The Hot List Most profitable renovations How risky is your 401(k)? 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Amazon.com: House on Haunted Hill(1959): Video Your Store Video See All 32 Product Categories   Your Account | Cart | Wish List | Help | advanced search | browse genres | top sellers | new & future releases | kids & family | movie showtimes | today's deals | used videos Search Amazon.com VHS Used Videos DVD DVD & VHS Movie Showtimes Web Search This item is not eligible for Amazon Prime, but over a million other items are. Join Amazon Prime today. Already a member? Sign in . VIDEO INFORMATION Explore This Video buying info technical information Amazon.com articles editorial reviews customer reviews RATE THIS VIDEO I dislike it I love it! 1 2 3 4 5 Edit your ratings Favorite Magazines! Subscribe to entertainment magazines today. Visit the DVD Store House of Wax DVD 28 used & new from $1.04 Have one to sell? House on Haunted Hill(1959) see larger picture Availability: Usually ships in 1-2 business days 28 used & new from $1.04 Edition: See more product details Customers who bought this video also bought: Haunted Palace (1963) / Movie VHS Diary of a Madman / Movie VHS Man Called Peter VHS Product Details Director: William Castle Format: Black & White, NTSC Rated: Unrated Studio: Warner Home Video Video Release Date: August 26, 1997 VHS Features: NTSC format ( US and Canada only. This VHS will probably NOT be viewable in other countries. Read more about VHS formats .) Black & White, NTSC From IMDb: Quotes & Trivia ASIN: 0790731576 Other Formats: VHS , VHS widescreen , DVD , DVD widescreen , DVD , DVD , DVD , DVD Average Customer Review: Based on 86 reviews. Write a review . Amazon.com Sales Rank: Today: #34,262 in Video Yesterday: #34,361 in Video Editorial Reviews Amazon.com William Castle's gimmick-laden comic thriller is not so much a horror movie as a fairground funhouse come to life. Vincent Price stars as a deliciously silky millionaire married to a greedy gold digger (Carol Ohmart) who refuses to divorce him. When he turns his wife's idea for a haunted-house party into a contest--$10,000 to whoever will spend the night in "the only truly haunted house in the world"--it seems he may have found an alternative to divorce. Five strangers gather to test their stamina, Price hands each of them delightfully twisted party favors (loaded handguns, delivered in their own tiny coffins), and the spook show begins. Blood drips from the ceiling, zombielike apparitions float through rooms, severed heads and skeletons suddenly appear, and then a guest is found hanging in the stairwell. Full of screams and things that go bump in the night, House on Haunted Hill isn't particularly scary and often makes little sense, but, like a Halloween haunted house, the spectacle of spook-show clichés is quite entertaining, and Price makes a sardonic master of ceremonies. The original theatrical presentations featured a typically outrageous Castle-engineered gimmick: Emergo, which was nothing more than a skeleton that appeared to fly out of the screen and over the audience on a guide wire. --Sean Axmaker Spotlight Reviews (What's this?) Write an online review and share your thoughts with other customers. 8 of 9 people found the following review helpful: Darling, the only ghoul in the house is you! , February 27, 2002 Reviewer: Gary F. Taylor "GFT" (Biloxi, MS USA)- See all my reviews William Castle liked to promote his films with gimmicks, and the gimmick for THE HOUSE ON HAUNTED HILL was Emerg-O: at the peak of the action, a glowing skeleton "emerged from the screen" and flew out over the audience on a wire. By most accounts Emerg-O caused more laughter than chills, but fortunately Castle never relied on gimmicks alone: he also liked bona fide stars, and for HAUNTED HILL his star of choice was none other than the legendary horror star Vincent Price. Like most Castle films, HAUNTED HILL's plot reworks a well-worn theme. Millionaire Price and his wife Carol Ohmart give a "haunted house party" for five strangers chosen at random and promised ten thousand dollars if they last the night. The catch: the doors lock at midnight, after which there is no escape until the caretakers return in the morning. While the story itself doesn't hold many surprises, the script is unexpectedly witty, and Price plays it in a slightly prissy, very high-camp manner with a tremendous dose of the black humor for which he was so famous--and the little known Carol Ohmart is every bit his match, snapping out memorable lines ("Darling, the only ghoul in the house is you!") in every scene. Together they elevate the film well above what you might otherwise expect, and when combined with the largely wooden supporting cast and some of the silliest this-is-supposed-to-scare-you effects imaginable the result is a cult classic with plenty of camp appeal. In addition to Price and Ohmart, the film is also surprisingly atmospheric. Shot in and around one of Frank Lloyd Wright's more famous structures, the grainy "late show" look of the film (due more to accident and age than deliberate intent) is very entertaining, the cinematic devices (everything from disembodied heads, irises, and jump-cuts) are very appealing, and the sound track (which sounds like a mix of piano bass keyes, sythesizer, and soprano vocals) is exactly what you'd want for this obvious but extremely entertaining flick. Of all the Castle films, THE HOUSE ON HAUNTED HILL is my personal favorite, and it should rate very high with fans of cult, camp, and Vincent Price. And I'll go further than that: of all his memorable appearances, I do believe this was Price's best. A great choice for both family movie night or a sophistocated Halloween howl--very recommended! Was this review helpful to you? ( Report this ) 12 of 13 people found the following review helpful: Old Price Classic is that pure fun! , October 29, 2003 Reviewer: Deborah MacGillivray (Scotland, England & US)- See all my reviews William Castle at his gimmicky best! A Classic, spooky Black and White, with deliciously devilish Vincent Price as millionaire with a bored gold-digger wife. She wants a Halloween party with her friends, Price tosses a party all right, but not with the people of her choosing. He offers $10,000 dollars to five stranger if they will join him and his wife in spending Halloween night in a truly haunted house. One of the 5 is a young Elisha Cooke, family of the former owners who died in the house, and he leads them on a murder tour. To jazz things up, Price passes out "party favors" - guns. And it's a race to find out whether Price of his wife will be the last one standing. This movie is a grandfather of nearly every clichs, blooding dripping from the ceiling, dark mysterious corridors, a witchy woman floating around and vanishing - and the topper that organ music!! This is more like a Halloween Fun house ride than a movie! Price is campy and has great fun with the role, with super lines, especially when fussing with his less than happy wife. Castle originally devised this movie with "special touches" for the audiences, like ghost on wires gloating through the audience of people in costume sitting down beside you to enhance the fun house feel. Just plain fun and a wee trip down memory lane. --This text refers to the DVD edition Was this review helpful to you? ( Report this ) All Customer Reviews Average Customer Review: Write an online review and share your thoughts with other customers. 5 of 5 people found the following review helpful: Endearing Ghoulish Classic , October 13, 2005 Reviewer: hille2000 "hille2000" (USA)- See all my reviews To this day HOUSE ON HAUNTED HILL remains to be an endearing ghoulish classic. With Vincent Price and Elisha Cook Jr. at their peak in this genre piece from William Castle it is truly enjoyable to watch over and over again. This is the stuff that defines the best of this genre and also holds up when compared to any other medium. Also, this is a first rate DVD from Warner, not some inexpensive public domain print. Happy Halloween! --This text refers to the DVD edition Was this review helpful to you? ( Report this ) 3 of 4 people found the following review helpful: So glad I ordered this DVD , September 10, 2005 Reviewer: Autumn6420 (NYC)- See all my reviews This DVD played beautifully, no skips or pauses on any frames. It was a very clear, crisp picture. So glad I ordered this DVD, a movie memory from the past, made so easy to acquire thru this website. --This text refers to the DVD edition Was this review helpful to you? ( Report this ) 2 of 3 people found the following review helpful: Good but could have been better , August 2, 2005 Reviewer: unknownpersn "4d" (California, LA USA)- See all my reviews The movie is good but in many parts unbelievable. Its just like Agatha Cristie's 10 Little Indians. A group of people are getting paid a big lot of money to stay in a very ODD haunted house for a night. This movie is one big block of swiss cheese because there are so many plot holes. Even with them it is still a great movie. It is a little scary but it must have been very scary in that time. Believe it or not there are BLOODY heads. Its kind of suprising for the time it was in. The ending is well.... unfinished as I said the plot holes could have been filled up. Anyways it is a great movie. --This text refers to the DVD edition Was this review helpful to you? ( Report this ) 2 of 3 people found the following review helpful: Silly be atmoshereic , July 2, 2005 Reviewer: Russell W. Husted "allister52" (Williamsburg, Va United States)- See all my reviews I really don't know that much about Vincent Price. However,after watching this film I can see why he was a master in horror films. As the host of a Haunted House party,Price lends that wickedly funny humor you find in individuals who tortuously tease others when frightened. He seems to actually believe or trys to make others believe in ghosts. Actually,the plot reads more like an Alfred Hitchkock movie then anything else. I think there could have been more ghostly apparitions,but so be it. Other then Carolyn Craig and Elisha Cook,the rest of the supporting cast isn't really much fun. But overall,a fun movie and one that with witty dialogue will make you watch again. --This text refers to the DVD edition Was this review helpful to you? ( Report this ) See all 86 customer reviews... Auctions and zShops sellers and our other stores recommend "Pit and the Pendulum" 1961 original U.S. 11x14 lobby card set (Price: $250.00) House on Haunted Hill Movie Poster (Price: $13.00) So You'd Like To... watch 3D movies at home or work :by Andrew Woods , 3D Engineer Give Dad DVD's, Huh? :by redhare , Amateur Movie Critic watch the 15 scariest movies ever :by jtowne , Horror Movie Junkie Listmania! William Castle master showman and his gimmicks :A list by Bryan Dawkins , Bohemian Arthouse Bum The Price Is Right! :A list by Mike Vegas King , A Vincent Price Fan My Favorite Horror Films :A list by Themistocleia , Movie Lover Browse for VIDEO in: VHS > Directors > ( C ) > Castle, William VHS > Genres > Horror > General VHS > Genres > Horror > Things That Go Bump > Ghosts VHS > Genres > Horror > Classic Horror & Monsters > General VHS > Genres > Horror > By Theme > Haunted House VHS > Genres > Horror > By Theme > Gothic VHS > Genres > Horror > Horror Masters > William Castle I have seen this video, and I want to review it. tell a friend about this item . Write a So You'd Like to... guide . Check Purchase Circles . For more information about "House on Haunted Hill," visit the Internet Movie Database (IMDb) Suggestion Box Your comments can help make our site better for everyone. 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Home Buying - Home Buying and Home Selling Advice - Buying a Home You are here: About > Home & Garden > Home Buying / Selling Home & Garden Home Buying / Selling Essentials 10 Things Home Buyers Shouldn't Do Best Tips for First Time Home Buyers "Must-Do" Tasks Before You Sell How to Buy a Home, Step by Step For Sale by Owner Advice Articles & Resources How To Buy a Home How To Sell a House Celebrity & Historic Credit Reports & Scores Design & Remodel Home Maintenance Inspections & Appraisals Investing & Foreclosures Modular & Manufactured Mold, Radon, Lead, etc. Mortgage Advice Moving & Relocation Real Estate Careers Real Estate For Sale Vacation Homes Buyer's Guide Before You Buy Top Picks Home Buying Books Foreclosure Books Mortgage Books Product Reviews Forums Help FREE Newsletter Sign Up Now for the Home Buying / Selling newsletter! See Online Courses Search Home Buying / Selling From Janet Wickell , Your Guide to Home Buying / Selling . FREE Newsletter. Sign Up Now! Getting Ready to Sell Your House Guests and lots of activities make it difficult to show a house during the holidays, so home owners sometimes put off selling their homes until after the first week in January, when life starts returning to normal. If you're in that category take some time to evaluate the condition of your home before you list it with an agent or sell it by owner . Be sure to analyze your situation to determine if selling is your best move, then think about the home's curb appeal and get the interior and exterior in tip-top shape . It's not a bad idea to do a few inspections to make sure the house is ready for potential buyers. Handle as many tasks as you can now and you'll find that the sales process will be a breeze. Monday December 26, 2005 | permalink Before You Buy Gas Logs Gas logs are growing in popularity every year, so manufacturers have geared-up to offer us a wide selection of appliances. You'll find gas logs to put in a hearth, freestanding gas stoves, and fully contained fireplace units that are mounted to a wall. But did you know that the dangerous gas byproducts produced by gas logs is not always vented to the outside? It's important to understand the differences between vented and vent-free logs before you buy a gas log fireplace. Saturday December 24, 2005 | permalink Pros and Cons of Becoming a Real Estate Agent You've decided you want to become a real estate agent, but what's your motivation? Do you understand the type of work real estate agents do and are you savvy about the true pay they receive for their work? It can be a rewarding career choice, but it's definitely not the best option for everyone and there are lots of things to consider before you decide that a real estate career is right for you. Wednesday December 21, 2005 | permalink Step-by-Step Directions Help You Measure Square Footage Each year, home owners discover that their new home's square footage is not the figure that was stated when the house was advertised. Owners sometimes decide to sue the people who were involved in the transaction, especially if the difference is significant. Real estate agents and for sale by owner sellers can reduce their risks of encountering a lawsuit by knowing how use accepted standards to measure and calculate a home's square footage . Get it right the first time so that everyone's happy with the results. Wednesday December 21, 2005 | permalink Buying Land for Your New Home If you've looked and looked, but can't find the perfect combination of land and house, maybe it's time to consider building. And while buying land for your new home can seem intimidating at first, you'll find it really isn't a horrible task if you fine-tune your wants and needs before you start searching for real estate. Tuesday December 20, 2005 | permalink Buying a Home with Great Resale Potential A few generations ago it wasn't unusual for people to live in the same home for many years, somtimes the rest of their lives after becoming homeowners. We're more mobile today, always "moving up" to a larger house or relocating to a new town. So it makes sense to put some thought into buying a home with good resale value , one that will sell easily and put extra dollars in your bank account if you do decide to move. Tuesday December 20, 2005 | permalink What's a Quit Claim Deed? Home buyers usually receive a general warranty deed when they purchase real estate, because it's a type of deed that offers several guarantees from the seller that the title to the property is good. Another document that's sometimes used is a quit claim deed . It works perfectly for some situations, but it's important to understand the limitations of a quit claim deed before accepting one when you purchase real estate. Friday December 16, 2005 | permalink How Credit Scores Are Calculated Everyone looking for a mortgage to buy a home--and that's most of us--finds out right away that credit scores play a huge role in the types of loans and interest rates that are offered to them. It's helpful to study your credit reports and scores before you apply for a mortgage, and to do it as early as possible to give yourself time to correct errors before a lender takes a look. Wednesday December 14, 2005 | permalink Moving Tips and Timeline Buying a home is exciting, but let's face it... moving is a chore. A big one. The only way I know to get through it without an excess of stress is to manage the moving process in little steps instead of letting it overwhelm you at the last minute. Start early and stay organized and you'll be ready for the moving truck before you know it. Monday December 12, 2005 | permalink Typical Home Buyer Closing Costs Closing costs are the expenses associated with buying real estate. You can expect to pay a large chunk of your closing costs the day the trasaction is complete, when the property becomes yours, but some closing expenses are nearly always paid before that day. There's no single set of expenses that every home buyer must pay--every transaction is different--but it's a good idea to become familiar with typical closing costs so that you'll have a better understanding of the items billed to you on your HUD-1 settlement statement . Wednesday December 07, 2005 | permalink Display Latest Headlines | | | Read Archives powered by Movable Type Important disclaimer information about this About site. 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display-points -- This page uses JavaScript. Please enable it or upgrade your browser. UK Property Web - Home Buying and Selling Your browser does not support the script needed to run elements on this website. Please upgrade your browser or enable javascript in your browser's properties. Houses for sale. Dedicated to helping you buy and sell property throughout the UK. Houses For Sale UK Home :: Buy :: Sell :: Letting :: Services :: About us Property and Houses For Sale Privately in the UK We would like to welcome you to UK Property Web on your first visit! If your selling or buying you've come to the right place, we have 100's of houses for sale from all over the UK. Please be sure to contact us if you think we can help you purchase or sell a property. Advertise with us. Houses For Sale with UK Property Web Enter the name of a 'Town', 'County' or 'Region' and hit GO. e.g. 'Southampton' or 'Hampshire' or England. You can also search by Ref number enter all the numbers after Ref UKPW:00 UK Property Web is associated with the following websites: Search for houses from the comfort of your own home: advertise with us, you advertise with them... Houses for sale, flats, apartments, bungalows, cottages... advertisment You won't find another website that offers the same for less! Total Control of Enquiries No Commission Massive Savings Coverage Over 5 Websites Quality Photographs and Descriptions Wide Range of Properties Simple Property Search Total Coverage Over the UK UK PROPERTY WEB NEWS & UPDATES ~ Concerned about the housing market? Click here to find out more ~ ~ Will there be a repeat of the 1990 housing crash? ~ ~ Property Secrets ~ back to top @ UK Property Web we accept credit cards, debit cards and cheques. UK Property Web, 1 Pipit Close, Weymouth, Dorset, DT3 5RT. Email: contact us There are 22 active visitors. web design by