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Replies (3)
- Michael Emery, "MikeEmery"
- Contributions:7298
Angela
Before you post too many additional times, just be aware that this type of posting violates Zillows rules on self promotion. Additionally the posting of your phone number is also a violation of that same rule.
If you wish to promote your business, Zillow will be happy to sell you some advertising space.
Thanks!
http://www.zillow.com/howto/GoodNeighborPolicy.htm
Before you post too many additional times, just be aware that this type of posting violates Zillows rules on self promotion. Additionally the posting of your phone number is also a violation of that same rule.
If you wish to promote your business, Zillow will be happy to sell you some advertising space.
Thanks!
http://www.zillow.com/howto/GoodNeighborPolicy.htm
- Grace Keng, "Gracesellhomes"
- Contributions:336
It is simple the buyer is not ready to buy. It could be financial or emotional. We all know the home price has dropped a lot since 2005.
However, if the buyer either don't have down payment, cannot qualify the loan or waiting for the price to drop or the job is not stable.
I always believe when the time the right, the buyer will buy home and seller will sell.
Grace Keng
RE/MAX RES
[link removed by moderator]
- Dan, "the_country_hick"
- Contributions:4699
Grace, I call B.S. on you.
We all know the home price has dropped a lot since 2005.
Wrong! We all know prices have gone up a huge amount since 1997.
Most of us also know that prices are dropping. We have also learned that buying in the past couple of years has created financial nightmares for many.
I have a down payment. I could qualify for a loan (but will not). Knowing the real price history of real estate even inflation adjusted shows that buying now in most areas would be a very painful financial mistake.
Low interest rates now are only propping up house prices much higher than they should be. A simple 2% interest rate increase will remove 23.7% buying power. That will bring house prices back down closer to where they should be. Just imagine what would happen to house prices if interest rates reach 15% which is very possible.
We all know the home price has dropped a lot since 2005.
Wrong! We all know prices have gone up a huge amount since 1997.
Most of us also know that prices are dropping. We have also learned that buying in the past couple of years has created financial nightmares for many.
I have a down payment. I could qualify for a loan (but will not). Knowing the real price history of real estate even inflation adjusted shows that buying now in most areas would be a very painful financial mistake.
Low interest rates now are only propping up house prices much higher than they should be. A simple 2% interest rate increase will remove 23.7% buying power. That will bring house prices back down closer to where they should be. Just imagine what would happen to house prices if interest rates reach 15% which is very possible.
What is stopping you from selling or buying a home in 2011?
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- 5.0/5.0
- (5 reviews)
Contributions:74Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
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