Answers (11)
- HomeSand.net, "White Picture"
- Contributions:4720
Absolutely.
- Gino Sesto
- Contributions:11
Still right, more than ever.
- Gino Sesto
- Contributions:11
Boy was i right, the internet is soo cool. You have a historical record of what was said. 100+ under water already. I hope the buyer put down at least that much or my tax dollars get to help buy this. Great.
- Gino Sesto
- Contributions:11
Even more right today. Can't wait till the "selling" season is over.
- Gino Sesto
- Contributions:11
I was right
- andras
- Contributions:3
Gino is right in a way - after a lengthy housing crash, the house might only be worth 575. But as of today, it's worth 725, and the buyer could turn it around right away - I was one of the seven people that made an offer within the first 24 hours of the open house. So at least, Gino, you should be more specific in your comments - "in a few years, it might be worth...". But as of now, you're clearly not right.
Hi Gino -
I'm personally also sitting on the fence right now but that doesn't mean that you and I are right. Please refrain from personally insulting the buyers who disagree with us. They're entitled to their opinion and they may be right. There's no denying that we've seen abnormal growth in house values the past 5 years -- but no-one really knows what will happen next. By the way this deal went, I'd say that it's pretty obvious that your skepticism is not typically shared by other buyers and that alone could be enough to keep house values on the rise. It's important to note that no-one predicted the housing boom correctly. So, you and I may end up being the "poor saps" but it's still not polite to say so.
David
I'm personally also sitting on the fence right now but that doesn't mean that you and I are right. Please refrain from personally insulting the buyers who disagree with us. They're entitled to their opinion and they may be right. There's no denying that we've seen abnormal growth in house values the past 5 years -- but no-one really knows what will happen next. By the way this deal went, I'd say that it's pretty obvious that your skepticism is not typically shared by other buyers and that alone could be enough to keep house values on the rise. It's important to note that no-one predicted the housing boom correctly. So, you and I may end up being the "poor saps" but it's still not polite to say so.
David
- Gino Sesto
- Contributions:11
As you can tell, i'm bearish on housing. The poor sap that bought is upside down already. Housing is on the bunny slope now and headed to diamond slope. You real estate agents are the forever optimists. It's your gig i understand it. My gig is to spend wisely.
Gino -
If the house sold for more than list, it was surely bid up there. This is why you'll often hear it said that "the market sets the price".
If the house sold for more than list, it was surely bid up there. This is why you'll often hear it said that "the market sets the price".
- Gino Sesto
- Contributions:11
So then a sucker bought for 150 to much
- andras
- Contributions:3
At 675? Show me another home in 90232 for less. You might not know it went for 725.
Overprice
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