Housing Bubble Popped but why aren't the prices reflecting it? (Tampa: real estate, rent)

[BahamaBreeze]

It's in PDF. Well worth the time.

http://statspak.firstamericanmls.com...0Activity1.pdf

[nychiefsfan]

Originally Posted by BahamaBreeze

It's in PDF. Well worth the time.

http://statspak.firstamericanmls.com...0Activity1.pdf

How can I get the stats for Hillsborough County?

[nychiefsfan]

I just found them at (sorry, it's in pdf):
http://www.gtar.org/mlsapr07.pdf

Why do you think just about every real estate agent tells you, "NOW"S the time to buy!!!" ???

Here's an intersting statistic:

The total dollar volume for residential sales in Hillsborough County year to date is: $1,072,751,028
2006 YTD = $1,680,712,457

YTD difference = $607,961,429
times 6% commission = $36,477,685.74

Realtors are making $36,477,685.74 less in commissions this year versus last year's YTD numbers.

That's just in Hillsborough County!!!

Tell me they're not feeling the crunch. But now's the time to buy.....

[Bones]

Originally Posted by nychiefsfan

I just found them at (sorry, it's in pdf):
http://www.gtar.org/mlsapr07.pdf

Why do you think just about every real estate agent tells you, "NOW"S the time to buy!!!" ???

Here's an intersting statistic:

The total dollar volume for residential sales in Hillsborough County year to date is: $1,072,751,028
2006 YTD = $1,680,712,457

YTD difference = $607,961,429
times 6% commission = $36,477,685.74

Realtors are making $36,477,685.74 less in commissions this year versus last year's YTD numbers.

That's just in Hillsborough County!!!

Tell me they're not feeling the crunch. But now's the time to buy.....

Buy now ? Hmmmm....don't think so....

[dreamofmonterey]

Are you looking for a house? Why are you concerned with what realtors make? Many realtors are the equivalent of used car salesmen- Trust your own instincts.

sunny

[nychiefsfan]

Originally Posted by sunnyhelena

Are you looking for a house? Why are you concerned with what realtors make? Many realtors are the equivalent of used car salesmen- Trust your own instincts.

sunny

I could care less what a realtor makes, but what do you think is their motivation to sell, especially if they're a seller's agent? My instincts say that most realtors I've spoken with are trying to fill me full of _____ with their "BUY NOW!!!" pressure tactics.

Even the realtor business is flooded with agents, fighting for that 3-6%commission. Try to find 3 realtors who will tell you NOW is NOT the time to buy....

[nychiefsfan]

Federal Reserve Chairman Ben S. Bernanke said the housing slump hasn't spilled over into other parts of the economy, and he maintained a forecast for "moderate" growth. Government and industry reports this month showed acceleration in job growth, manufacturing and personal spending and gains in services industries.
Fed chief says housing likely to remain a drag - Newsday.com

Let's see:
WalMart Inc. same-store sales dropped 3.5% in April, vs. analyst estimates of a 1.1% drop.

Homebuilder Pulte to cut 1900 jobs.

US auto slump moves beyond the Big Three.

The national debt is $8.6 trillion.

Rising gasoline prices.

Shall I continue?

[Spree]

nychiefsfan, dude, you must have a huge chip on your shoulder or have been burned by a realtor or something? Are the realtors knocking on your door, calling you all times of the day telling you that now is the time you should buy a house? Relax! People seek out a realtor WHEN they are interested in buying a house. There's nothing you can do about that. Yes, the real estate climate is horrible in Hills. County but the fact is that there are still people moving here that need and want a home, blaming realtors for making that happen on this board is a waste of time and energy. I am not a realtor but have recently sold my house and am moving out of state. I know of 4 other people, friends of mine, that have sold and have or are in the process of moving out of state (we're air force). Also, 3 of the people that looked at my house and were very interested, wound up renting for a year to wait it out for things settle down around here. Not everyone is buying right now and deciding to rent but I doubt reading the 26 pages on this thread was the deciding factor in that.

Happy Trails to you ---

[nychiefsfan]

Money means a lot to some of us and the difference between buying now or saving 50-75k makes a big difference. ALL of the realtors I've spoken to have said "BUY NOW!", yet there's no indication that the housing slump is even remotely in sight.

I'm preapproved and have been actively looking for a home for quite some time. That's why I do my research and homework on the housing market everyday. And while there's not a specific realtor knocking on my door telling me to buy, the one's I've spoken to have, along with the NAR's David Lereah and Lawrence Yun telling the public that the housing market has hit the "bottom" every month for the last year.

If there's a chip on my shoulder, it was placed there by a deceiving group called the NAR.

I'll continue to post any relevant information that will help anyone get an edge on the hosuing market, because I know there's a lot of people in the same boat as me, who are NOT going to buy an overpriced house in a supposed "buyer's market".

I may be completely wrong, but with all of the research I've done, I wouldn't bet against it.

[verobeach]

I'm no realtor either... retired from boring and ordinary office work and loving my life here in FL.

The people who are making the biggest noise on this board seem to want to get a message out. They want to make sure that the housing market stays crippled. Every time I come back to this site it's the same people, over and over, throwing bogus links at us to prove their point.

I give you a lot of credit Kelly for having your house on the market and putting up with this type of bottom feeder... Oops I meant to type buyer.