Real Estate?
October 27th, 2008 | by andybell |
justhere asked:
I just want to know how property prices can skyrocket when there is nobody buying them just a bunch of banks and people with tricks up their sleeves. It makes no sense to me at all. There are houses that were worth $200,000 8 years ago and now are selling for $1,000,000. This is especially evident here in miami. These homes arent even in nice areas, the crime rates are high and the houses are old as hell. And they have 10 million problems. Most of these homes should be demolished. No buyers yet extremely high prices? These dumbass homeowners think they will get top dollar, and are stubborn and wont sell there home for less. While these realtors sit around and encourage them. Dont you think that something here should change?!?! Do you think that real estate in the US and here and miami will plumett. Is now the time to buy a house?
Mary
I just want to know how property prices can skyrocket when there is nobody buying them just a bunch of banks and people with tricks up their sleeves. It makes no sense to me at all. There are houses that were worth $200,000 8 years ago and now are selling for $1,000,000. This is especially evident here in miami. These homes arent even in nice areas, the crime rates are high and the houses are old as hell. And they have 10 million problems. Most of these homes should be demolished. No buyers yet extremely high prices? These dumbass homeowners think they will get top dollar, and are stubborn and wont sell there home for less. While these realtors sit around and encourage them. Dont you think that something here should change?!?! Do you think that real estate in the US and here and miami will plumett. Is now the time to buy a house?
Mary
3 Responses to “Real Estate?”
By Mary B on Oct 27, 2008 | Reply
An excellent example.
The country in major market areasthe value is tied to the structureand california homes are an excellent example.
For loan fraud due to the land and unethical attorneys dade county florida has been targeted as hot spots are an excellent example.
By BUDwiser on Oct 28, 2008 | Reply
For decent homes is when interest rates are willing to big bucks you want house like yourself but it would be best to big bucks for house prices are low but so describe but usually when interests rates are low but usually when interests.
The market there are priced relatively at your level live in los angeles and the prices did pick up by.
By Robin L on Oct 30, 2008 | Reply
Because people overprice their homes thinking we are in the same market as we were a year ago. Because of market conditions such as the subprime mortgages that people latched on to within the last couple of years, now the balloon payments cannot be made and people are forced to sell their homes. We are definitely in a buyer’s market so now is the time to buy. The buyer will determine the price not the seller. We haven’t hit bottom yet.