real estate market (downturn, inventor, pay, issues)

[cl723]

Since winter has come, has the market in your area come to a screetching hault? Are you expecting any change in spring?
I don`t see the housing market changing much.

[zz4guy]

I see it taking a nose dive when UE benefits run out. For 2 years we've been paying to keep people on mortgages they never should have gotton, and now we are going to pay the piper.

[SLCPUNK]

Originally Posted by zz4guy

I see it taking a nose dive when UE benefits run out. For 2 years we've been paying to keep people on mortgages they never should have gotton, and now we are going to pay the piper.

Based on zero data, and a healthy imagination I'd bet.

[SLCPUNK]

Originally Posted by cl723

Since winter has come, has the market in your area come to a screetching hault? Are you expecting any change in spring?
I don`t see the housing market changing much.

I see homes that are affordable again selling briskly right now, at least in my area.

[AONE]

Well in the Orlando area we have 8700 pending sales, and about 1700 a month have sold with inventories at only 12,700 So no issues or complaints here.

[slambango]

Originally Posted by SLCPUNK

Based on zero data, and a healthy imagination I'd bet.

Is this enough evidence for you?

http://www.youtube.com/watch?v=QEbl4JWqe1E
Or is it just a "healthy imagination" ??
There's NO WAY the bubble has burst yet. The USA is in for serious PAIN!

[southbel]

Here in Mt. Pleasant, a suburb of Charleston, real estate values have been going up for the last year and are continuing to do so. Right now, the average time on the market has decreased and the prices have increased. So, a decent market but not booming. I would call it normal.

[JG183]

all real estate is local

[padcrasher]

Dallas/Ft Worth...never had the bubble...never had the downturn...I have eight rental properties that have all maintained their value......Plus! I signed oil and gas leases for 4 of them completely paying off my down payments.