Hey Buyers Its only a Buyers Market If you acctually BUY!!

There are tons of great buys -- and you dont have to buy a short sale or foreclosure  to STOP RENTING-- I understand if you don't have down payment or closing costs -- Some seller are willing to negotiate and the $8000 can now be used with FHA loans as DOWN PAYMENT -- Yipee  Its even more possible!!!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13 2009 - Raleigh
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (5)

Profile picture for BMFPitt
It's only a buyers market if your memory doesn't stretch past 2003, and you do not posess the capacity for recognizing trend lines.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 14 2009
Profile picture for Pasadenan
It's only a buyer's market if the sellers are desprate enough to sell for what the buyers want to pay.

We are not their yet in most of the country.  Wait until a huge slice of those backlogged foreclosures hit, and we may get their in 18 months to 2 years!

But who knows what the PPIP will really do?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13 2009
Jennifer, there is nothing wrong with renting when the net rental expense (rent minus what it would cost to pay for taxes, insurance, HOA and maintenance on the property) is less than the amount that home values are tanking in a given area.

I have saved approx. 200k by renting in Central FL since 7/07.

People should only buy now if their cost to own will be less than rent for an equivalent property.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13 2009
Profile picture for CubsfaninWA
Are you serious??  You have to be kidding.  Jenny, may I call you Jenny?  Next time before you post you local advertisements, please check out what happens to REAs that do it.  This will not turn out pretty, take that to the bank.  Doomers, you are up.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13 2009
yawn...
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13 2009
 
Related Questions
is american homes 4 rent a scam?
Profile picture for jonsud
Latest answer by jonsud
17 hours ago | 172 answers
How can we find a private owner?
Profile picture for Sharon Lewis
Latest answer by Sharon Lewis
July 29 | 2 answers
private owners in raleigh that accept section 8
Profile picture for wetdawgs
Latest answer by wetdawgs
July 25 | 1 answers
  • Asked by kandie1023
  • In Rentals
  • July 25
Are landlords legally required to provide window screens in rental homes?
Profile picture for Michael Cubstead
Latest answer by Michael Cubstead
July 19 | 3 answers
How important is it for Rental Homes to be Pet-Friendly?
Profile picture for Marcelo Steinmander
Latest answer by Marcelo Steinmander
July 17 | 1 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 3713 Rolston Dr, Raleigh, NC Home For Sale
    3713 Rolston Dr, Raleigh, NC 27609

     For Sale: $799,000

    • Beds: 4
    • Sqft: --
    • Baths: 3.5
    • Lot: --
  2. 5901 Chivalry Ct, Raleigh, NC Home For Sale
    5901 Chivalry Ct, Raleigh, NC 27612

     For Sale: $220,000

    • Beds: 3
    • Sqft: 1800
    • Baths: 2.5
    • Lot: 2614
  3. 455 Pebble Creek Dr, Cary, NC Home For Sale
    455 Pebble Creek Dr, Cary, NC 27511

     For Sale: $156,700

    • Beds: 3
    • Sqft: 1707
    • Baths: 7.0
    • Lot: 2178