Realestate market trends
By TeddyT
@TeddyT (32)
United States
April 27, 2007 11:18pm CST
I would like to hear from proffesionals, as well a Home owners about market value's and marketing time in your area? Thanks for your replies
2 responses
@peaceful (3294)
• United States
7 May 07
I know that there is a glut of housing in my area, but the prices are staying high, with buyers holding out and owners not budging, we are experiencing stagnation in that sector or of the market...
Now as far is buying "ugly" houses as an investment, that's a very good move! :)
Free Zillow for you! :)
http://www.zillow.com
@TeddyT (32)
• United States
7 May 07
Thanks Peaceful, What city is it that u live in?? Yea here the buyers won't budge and sellers have no time. The foreclosure is on the extreme rise her in miami and its mostly loans/homes that were purchased within the last 2-3 years, There's not allot of homes left with allot of equity these day's. Thanks
@peaceful (3294)
• United States
7 May 07
Philadelphia for now, but I'm looking Westward, then Northward, then Southward, Southern Hemisphere Southward, that is! LOL! :)
@BigO32 (47)
• United States
29 Apr 07
As a homeowner for the past year in Miami Florida I can say that values are DROPPING. Now, personally I dont care at the moment, cause I purshased mine to make a home and not for the quick flip. I feel that the market returning to a baby boom slowly appreciating market. Presently, a depreciation period is happening cause the boom just ended. Taxes are raping all homeowners and causing this negative trend. I just hope it picks up soon before I have to pick up and leave Sunny Florida.
