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It seems that with the shitstorm that is the mortgage industry, banks are double and triple checking everything before they fund. It is a great time to buy though, with prices as low as they are, and assuming you can get a loan.
I'm just glad its done, and I can start working on it.
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Originally Posted by jo_dile
SLF is very territorial and wont let anyone else in without peeing on em to mark his territory or attempting to hump them.
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with the interest rates being low and our house market being overly saturated it is very much a buyers market, but its going to get better yet. our market has been so out to lunch and over priced for 4-5 yrs now so its finally coming back to reality.in a city of 60 000 ish we have around a 1000 houses listed.
I live in Cali, and a smaller city than that, so getting a good house, for a good price, in a good neighborhood is not easy, even with all the forclosures on the market. The glut of them seem to be concentrated in the new developments, and the not so good side of town.
__________________
Quote:
Originally Posted by jo_dile
SLF is very territorial and wont let anyone else in without peeing on em to mark his territory or attempting to hump them.
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there was a shit load of new houses built by builders and they werent selling so there is lot of those for sale. but out of the 1000 or so houses listed 800 ish are houses that were lived in or still occupied. houses that were listed at the 400 000 - 500 000 range are now in the 300 000 - 375 000 range, cant wait to find something in spring. wehn i bought my condo last yr at this time there was nothin but shit for sale, it was everyone trying to get rid of old shitty houses that were worth a lot because of the market but had nothing done to them but a coat of paint and were garbage otherwise. glad i got a 2 yr old place.
in colorado where my brother lives there has been a huge decline in the house selling. the market has been down for 3 yrs or more, my brother has been trying to sell his condo for that long, and he and his wife are looking at getttin a new place. i compared what i could get for 300 000 here and there and there you would get a 400 sq ft home that is 2-4 yrs old. here you get a 1980s house with 1500 sq ft. way better deal down there
Last edited by Goat Gosselin : 11-19-2008 at 01:01 PM.
11-19-2008, 12:33 PM
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