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I couldn't agree more! Inflation is coming, It is the known trend after war and we know that we are pulling out of Iraq. It might not be today or tommorrow but those buyers on the fence need to buy now before the tide turns.
I wonder where they copy and pasted this from.
Good grief, I better go out and BUY!
Rising rates drive down prices.
Only realtors like yourselves would advice people to jump into the housing market now. Housing will not rebound for a long time and when it does it will only go up 3% or 5% per year, thats not missing the boat in my opinion. I hope interest rates go up so only people who can afford a home will buy a home. Low interest rates are what got us into this mess, my parents bought their first home with 11% interest rates in 1978 and with 20% down payment and guess what they are still in their home after paying it off this year. Thats the housing market we need none of this government assisted, no money down, low interest crap....
how many homes do you own realtors? sabatini & scovell?
how much did you loose on those?
if it is a great time to buy why not have your friends / relatives buy?
This is a totally F****ED (content removed by moderator for improper language:-) ) up time to buy. you morons just care about commission and never really worry about all those suckers you got into trouble.
tell me which neighborhood is great to buy now? i'll post all the foreclosures, shortsales, homes-on-market-for-1-year, auctions, facing foreclosure, inventory++ etc.,
"Looming inflation will bring higher real estate prices." --- OIL is at $58 per barrel today and it was $150 couple of months ago. This is not INFLATION in any school. it is deflation stupid.
commodity is going down.
gold is going down.
WTF? do you read or follow the markets at all?
"Fed could increase rates to combat inflation." - are you crazy???
Mr Silent Observer lost alot of money in the stock market!
i'm a bit new here but, dont you people know the agents are just busting your balls?
This type of post by realtors is self-serving nonsense. To make blanket statements about the "market" is negligent and irresponsible. I've been hearing this nonsense for several months. Meanwhile, values and prices continue to drop. Here in Connecticut, the economy is getting worse - more job losses, more businesses closing, more foreclosures, more inventory. Sellers are just now starting to drop prices on properties that are not moving. For those trained and experienced in economic analysis, there is a consensus that most of 2009 will be worse than 2008. WHy would i buy something that's almost certain to go down in value? Also, rates are likely to be lower because the gov't wants to stimulate the housing sector and recognizes the need to do this in order to stimulate economic recovery. Buying treasuries will push rates down.
Whew!!! I'm glad the "professionals" (week long course, ethics training, similar to a doctor, lawyer, etc, etc) have weighed in with their view. I will run right out here in Tampa and take my dollars out of my savings and plunk it down on one of the 62 THOUSAND homes for sale. Or maybe I'll wait for employment to drop further, interest rates to go up, a few more RE professionals to return to waiting tables and than buy when it is really near bottom. What to do, what to do???? Please can someone please tell me what to do with the most expensive purchase I'll ever make. Let's see, high school graduate REtard with a glamour shot or someone with integrity like AZRob who gives data and facts.......
If you eat hamburger then let the other people eat french fry.
If you had money for buy the house, then let realtor agent get the commission.
Me!
The answer to your question is not very many....... now is the worst time to buy in my opinion.
I love you guys! I can always count on you to make me smile.
I dunno, CN, last December may have been a little worse than it is now, don't you think?
Gosh, I almost thought it was time to buy a house based on that amazing analysis of the market situation and great reasons to buy a home.....but I blinked twice and snapped out of it.
Who is Crazy enough to buy now?
Hardheadagent
Rich drunk people in New York
Foms from Panama City SCOVELL+SABATINI
Doomer2Optimist
Luke Rummel "Oregoncoastproperties" Do you need more crazy people names?
TinyV Real estate Agent
Its so strange, but the agents in these forums would be branded trolls for these types of posts anywhere else. Are they trying to incite pages full of bashing? Their point of view is so out of date it's laughable.
Keep reading the threads, you'll laugh all night.
Be nice folks!
They should have known better than to post a thread like this...it reads... please attack me quickly and painfully.
However, to play the devil's advocate, and risk the attack as well, the NC market has been pretty stable for buyers and the investors are getting some deals.
I am not saying that "now is the time to buy", but NC hasn't seen a drastic dip like other areas of the nation.
Okay, okay, I'll wait for responses! :)
Honeycuthashomes, I do not know the NC market but can find out quick enough. We all here know some areas are doing better than others for a multitude of reasons. All sides and opinions are represented in these threads on a variety of topics and often in an heated fasion.
The issue with people like these is this is National Forum for discussion, sharing of facts, information ect. SPAM is Hated and not allowed no matter how it is presented as it goes against the purpose of this forum. Self promotion or ignoring the economy of the market to sell will be attacked always!
There are real estate agents and mortgage brokers who post often in the discussions and are respected for sharing there honest opinions whatever they are.
Your post was friendly and I hope to see you join in the discussions and share your opinions.
Best to you....
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WHO IS CRAZY ENOUGH TO BUY NOW?
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Scovell + Sabatini, "Scovell Sabatini"
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TIMING IS EVERYTHING!
Why Buyers Should Be In The Market Now!!
Sellers that have been on the market for awhile are very motivated to make a deal and do not want to be on the market over the winter months.
It is hard to predict the bottom of the market but the worst may have passed.
The government is actively trying to revive the housing market -at some point they will succeed.
The rising dollar and dropping oil prices could indicate an ending of the current down cycle for housing.
A lower purchase price for the buyer who is waiting for further deterioration in value would be lost to increased mortgage rates.
Fewer buyers in the market make sellers more flexible.
You must be actively “in the market” in order to take advantage of good deals and to be able to spot them.
Looming inflation will bring higher real estate prices.
Buyers have a greater selection of properties with current inventory levels and have to make fewer compromises to get what they want in this environment.
If you are renting, you are losing your homeowners tax break.
Tighter qualifications make a good buyer a precious commodity to would be sellers and - they command a stronger negotiating position.
Many predatory loan products have been eliminated; consumers should have more confidence about not being duped into bad loan scenarios.
Rates are historically lower in the fall than in the spring.
Fed could increase rates to combat inflation.
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