Quote:
Originally Posted by accufitgolf
Interesting and while I do not disagree with you, I think you and I might have a time warp issue.
I believe when it was a sellers market, buyers were willing to pay but they wanted what/where they wanted at those prices.
I believe when it became a buyers market, buyers were looking to get the house at such a cheap price that what/where took a back seat to the price.
I believe the present market is more coming to the middle (fairer to buyers/sellers). Buyers in that I am not looking to steal it but I do want a few things for my money. Sellers in that I know I may have sell it at a lower then its highest price but do expect to steal it.
Of course some will always be a few steps ahead or behind the market....time warp...seller/buyer...half full/half empty...real estate people pumping sunshine up ones butt regardless of buyer/seller market.
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I am guessing this is how things are going down in some parts of the country:
Seller marks home for 200k -> buyer wants to pay 50 cents plus it needs to be model home conditon -> seller cant sell because there are no real buyers so the home goes into foreclosure or short sale and the neighborhood becomes a slum.
If the owner owns it out right they just sit on the property. Am I missing anything here. A buyer who cant pay list price is not a buyer they are just people saying numbers, congraduations you can speak the english language lol. I understand there is haggling somewhere around 5-7k of list and maybe some closing costs, etc.
Most americans could not save their way out of a wet paper bag, THAT is the problem not that property is over priced. I understand certian places in cali that are genuinly outragiously priced but most places in the USA are reasonably priced its just that so few americans are fiscally responsible enough there are fewer and fewer true buyers out there.
It would be like building a nice modern home in hati and then trying to sell it lol. That is what the face of america is starting to become. People are getting ruder and nastier and want a good deal to the point that its a hand out. I shook my head at the woman who pepper sprayed other people to get a door buster X box, that is what we have denigrated to as a nation.
I watched pearl harbor the other day and my wife and I wished we coudl have lived in that time period right after WW2.