|
01-20-2009, 05:04 AM
|
|
Senior Member
Status:
"14 days left for temps under 86 degrees"
(set 8 days ago)
|
|
Join Date: Oct 2006
Location: 29.76/-95.36
2,792 posts, read 165,906 times
Reputation: 748
|
|
"First-time buyers are cracking open the piggy bank"
For those that are sitting on the fence about whether or not one should buy a house in this market you might want to read front page of the real estate section of the Sunday edition of the NY Times. Article is entitled "For the brave the Moment in Now" (Jan 18)
Disclaimer: I am NOT a real estate agent so don't go there.
john
|
|
01-20-2009, 07:15 AM
|
|
Senior Member
|
|
Join Date: Sep 2007
995 posts, read 525,974 times
Reputation: 183
|
|
|
Several of the houses in our neighborhood had some showings this past weekend. That is the first in a long time.
|
|
01-20-2009, 07:28 AM
|
|
Member
|
|
Join Date: Jan 2009
46 posts, read 27,978 times
Reputation: 27
|
|
Quote:
Originally Posted by ssd3
Several of the houses in our neighborhood had some showings this past weekend. That is the first in a long time.
|
Likewise, I think the market is easing up some. Most of it I think is the interest rates. |
|
01-20-2009, 02:43 PM
|
|
Senior Member
Status:
"Happy Halloween!"
(set 28 days ago)
|
|
Join Date: Feb 2007
860 posts, read 1,018,688 times
Reputation: 158
|
|
|
alot of foreclosed properties in South FL (where I came from) have recently sold as well. Seems to be picking up alot around all over?
|
|
01-20-2009, 02:48 PM
|
|
"Ad astra per aspera"
|
|
Join Date: Aug 2007
Location: West Cardassia, NC
2,107 posts, read 1,302,322 times
Reputation: 745
|
|
Maybe some warmer weather will open those frozen wallets! Spring will be very telling this year!  |
|
01-20-2009, 02:49 PM
|
|
Senior Member
|
|
Join Date: Aug 2006
17,378 posts, read 11,709,938 times
Reputation: 5345
|
|
Quote:
Originally Posted by ssd3
Several of the houses in our neighborhood had some showings this past weekend. That is the first in a long time.
|
Two homes in my neighorhood went under contract in the last two weeks (one was only on the market about 6 weeks!). Glad to see not all buyers are afraid to make a move. |
|
01-20-2009, 03:18 PM
|
|
Senior Member
|
|
Join Date: May 2006
628 posts, read 392,551 times
Reputation: 258
|
|
|
Studies have shown that its not the interest rates that are the gating factors for people buying homes or cars, it's that people have little to no confidence that they will have a job.
You could have a 0% rate and people still won't buy if there are layoffs in their company...unless they are the ones doing the laying off.
|
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. 
Linear Mode
