|
09-10-2008, 03:41 PM
|
|
Senior Member
Status:
"Too cold here going back REAL soon."
(set 9 days ago)
|
|
Join Date: Oct 2006
Location: 29.76/-95.36
2,828 posts, read 256,289 times
Reputation: 763
|
|
Buyers are "jumping off the fence to buy"
I rec'd a link today in my email from a CLT real estate agent. Part of the message said "buyers have begun to jump off the fence since the bail-out of the Freddie Mac." His quote. Hmmmmmmmm, bailout a couple of days ago and people are "jumping "(??) Link was a CLT news station (i think in the past two nites) Having trouble in linking it for some reason to this post...sorry.
|
|
09-10-2008, 05:30 PM
|
|
Senior Member
|
|
Join Date: Oct 2007
836 posts, read 428,351 times
Reputation: 364
|
|
Quote:
Originally Posted by johne482
I rec'd a link today in my email from a CLT real estate agent. Part of the message said "buyers have begun to jump off the fence since the bail-out of the Freddie Mac." His quote. Hmmmmmmmm, bailout a couple of days ago and people are "jumping "(??) Link was a CLT news station (i think in the past two nites) Having trouble in linking it for some reason to this post...sorry.
|
Typical realtor hype. Don't buy it. |
|
09-10-2008, 05:35 PM
|
|
Senior Member
|
|
Join Date: May 2007
738 posts, read 626,704 times
Reputation: 262
|
|
 It's a realtor's wishful thinking. |
|
09-10-2008, 05:40 PM
|
|
Senior Member
|
|
Join Date: Oct 2007
836 posts, read 428,351 times
Reputation: 364
|
|
Quote:
Originally Posted by Weedydidi
It's a realtor's wishful thinking.
|
Absolutely.
99% of people have no idea what the roles of Fanny and Freddie are in the mortgage business anyway. The bailout isn't going to change anyone's mind because they don't understand how it affects them. |
|
09-10-2008, 06:03 PM
|
|
Senior Member
Status:
"Too cold here going back REAL soon."
(set 9 days ago)
|
|
Join Date: Oct 2006
Location: 29.76/-95.36
2,828 posts, read 256,289 times
Reputation: 763
|
|
Quote:
Originally Posted by amploud
Absolutely.
99% of people have no idea what the roles of Fanny and Freddie are in the mortgage business anyway. The bailout isn't going to change anyone's mind because they don't understand how it affects them.
|
Yep, kinda my thoughts exactly. It's unfortunate because 99% of the people don't even understand the dynamics of this even if they are not in the market to BUY a house. I need to stop here because this thread will get moved (I think) if I give my viewpoints what government's intervention means to a taxpayer. |
|
09-11-2008, 08:55 AM
|
|
Real Estate Agent
|
|
Join Date: May 2007
Location: Lake Wylie, SC
422 posts, read 286,339 times
Reputation: 196
|
|
What's up. I've been hanging around under the fence for 2 days and no one has jumped into my lap! Am I doing something wrong?  |
|
09-11-2008, 08:57 AM
|
|
Q Continuum
|
|
Join Date: Apr 2007
Location: Candy Mountain, Charlie!
677 posts, read 520,263 times
Reputation: 156
|
|
|
So that's what that guy was doing yesterday... I just thought he was crazy jumping off that fence...
|
|
09-11-2008, 09:00 AM
|
|
Real Estate Agent
|
|
Join Date: Dec 2007
Location: Huntersville
1,521 posts, read 1,237,852 times
Reputation: 226
|
|
|
|
|
09-11-2008, 09:23 AM
|
|
Life is a Journey
|
|
Join Date: Jan 2007
Location: Yellow Brick Road
20,822 posts, read 11,652,118 times
Reputation: 4196
|
|
Quote:
Originally Posted by Belmarin
What's up. I've been hanging around under the fence for 2 days and no one has jumped into my lap! Am I doing something wrong? |
Hmmmm . . . maybe try a different fence???  |
|
09-11-2008, 11:29 AM
|
|
Senior Member
|
|
Join Date: Jul 2008
Location: Long Island, NY
243 posts, read 142,821 times
Reputation: 34
|
|
|
Realtor hype... If they can convince people to start buying now before its too late and the prices go up again, then others will follow, eventually leading to increased home value due to higher demand. It's the same as the government urging people not to hoard extra money in our countries current economic crisis. They want you to go out and spend as much as possible, which will cause a trickle down effect on the economy and eventually lead to an economic up-swing. So yes what they are saying is BS, and yes they are trying to deceptively create demand for homes, but it also will eventually lead to good things.
|
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Just trying ot help John out here!
Linear Mode
