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Replies (11)
- Debra (Debbie) Rose, "Livingston NJ"
- Contributions:2728
well, I'm feeling something.....but I thought it might be the food I ate last night.
:)
(sorry, couldn't resist)
:)
(sorry, couldn't resist)
- Dunes....
- Contributions:3894
Longview/Kelso Wa. is popping with Buyers?..
How about Sales....are they popping with Sales?..
What activity is popping?......What's is your definition of Popping?
How about Sales....are they popping with Sales?..
What activity is popping?......What's is your definition of Popping?
- David Welch, "davidwelchrealtor"
- Contributions:367
Orlando is popping with sales. Inventory is dropping every day. We have less than a five month supply. Properties listed under the median sales price have less than a three month supply.
- Joan Braunschweiger, "Morris County NJ"
- Contributions:1543
What's popping? Corn? Balloons? Bubble Wrap? (Love popping that bubble wrap!).
Please tell me its not buyers or even cities.....that would be disturbing!
I think we need to stop the popping, the imagery alone is too much for me.
Please tell me its not buyers or even cities.....that would be disturbing!
I think we need to stop the popping, the imagery alone is too much for me.
- hpvanc
- Contributions:2570
Here's hoping that transactional volumes and sales prices return to economically healthy norms.
- Sergio Hernandez, "Sergio Hernandez"
- Contributions:619
Popping with buyer activity isn't what I'm seeing. What I'm seeing is the start of what appears to be a standoff. Owners are unwilling to sell at present day market values thinking the start of a real estate recovery must be near and buyers aren't buying, for fear we're nowhere near the end of declining property values.
Who's right?
Who's right?
- hpvanc
- Contributions:2570
"If government loosens lending regulations, it will help the market bring back ownership"
Or we could let a free market decide and stop having the government favor one group over another.
I hope that Sergio is wrong, but fear that he is right. The present day economic environment IMO is such that we need volumes to increase and prices decline for the health of the general economy
Or we could let a free market decide and stop having the government favor one group over another.
I hope that Sergio is wrong, but fear that he is right. The present day economic environment IMO is such that we need volumes to increase and prices decline for the health of the general economy
- Joan Braunschweiger, "Morris County NJ"
- Contributions:1543
reforu, many times people will quote prior posts to comment on them. Its not an insult.
At least in this case :)
At least in this case :)
- sunnyview
- Contributions:25127
Loose lending regulations are one of the things that caused the mortgage meltdown. Hasn't that been a problem for the entire economy?
http://www.federalreserve.gov/newsevents/testimony/duke20090325a.htm
- hpvanc
- Contributions:2570
No Reforu there is not a problem with your statement. I merely quoted you and respectfully gave my opinion on the statement.
I will reiterate what I am hoping for, transaction volumes that are economically healthy at prices that are economically sustainable. In my opinion the healthy level is the one that does not require government intervention. Maybe Mike is experiencing that.
I will reiterate what I am hoping for, transaction volumes that are economically healthy at prices that are economically sustainable. In my opinion the healthy level is the one that does not require government intervention. Maybe Mike is experiencing that.
- Pasadenan
- Contributions:21450
Popping with activity? According to Zillow's local pages, Longview had 65 sales last April. 52 sales last August. 39 sales last September. 38 sales last October. 38 last December. 37 Sales this past January.
37 Sales in February. March numbers not compiled yet.
So, let us know how that works out for you in 3 months.
According to Zillow, median list price in Longview fell from $180k in July to $156k presently. And Sold price fell from $174k in September to $148k in December and is presently $157k. And 73.5% of homes are still being sold at a "loss". Sale to list price ratio fell from 96.7% down to present 95.7%. Percent of homes that have been foreclosed has been rising.
The only thing I'm "feeling" is "propaganda alert".
37 Sales in February. March numbers not compiled yet.
So, let us know how that works out for you in 3 months.
According to Zillow, median list price in Longview fell from $180k in July to $156k presently. And Sold price fell from $174k in September to $148k in December and is presently $157k. And 73.5% of homes are still being sold at a "loss". Sale to list price ratio fell from 96.7% down to present 95.7%. Percent of homes that have been foreclosed has been rising.
The only thing I'm "feeling" is "propaganda alert".
Are you feeling it?
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- 4.9/5.0
- (15 reviews)
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