Hello, I am new to this site. Seems like a great place for real esate investment info!

I am wondering if anyone can point me to information or web sites with historical data on comebacks after previous real estate down turns? There are no crystal balls, but I am looking for some historical perspective.

As background, I am attempting to get a sense of how long it 'may' take for raw land purchased in early '06 (market peak) in a residential subdivision in AZ (north of Prescott). Poor timing with hind sight, but I'm trying to determine possible future return of this particular market. I assume it would trail home sales comeback (no idea by how much, or when home sales would come back up.

Thanks,
Dave

Try this website... http://www.ofheo.gov/hpi.aspx

Go to LATEST HOUSE PRICE INDEX and you will be able to see quarterly appreciation trends for the past 25 years in most metro markets.

As you said, there are no crystal balls and this doesn't deal with raw land. But hopefully it will help a little.

Great resource for 1990 and on. THANKS!

A similar resource going back before the 70's down turn would be great too.

Thanks for this wealth of info!
Dave

You're welcome.

Bummer if your market only shows info from 1990 on. Most of them start around the mid to late 70s, which gives you 25-30 years of trends.

Good luck with your raw land!

mcole,

I did find towards the end of the 78 pg doc, figures back to 1980. Also A link to go back to 1975 I believe.

Thanks again for the great resource.

Dave

Here, try this link and just enter the city or cities you need.

http://www.ofheo.gov/hpi_city.aspx