I'm seeing more and more real estate available for less and less.  What was once selling for $500k is now selling for $200k and that made me think....  Has real estate hit bottom?  Is now the time to buy?

What do you think Active Rain?  Is now the best time to buy?  Or should buyers wait a little longer?

 
Posted by Craig Tone on 07/26/2009 04:10 PM   Comments (5)   Best Time to Buy or Not in the ActiveRain Channel   best time to buy  
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Has The Housing Market Hit Bottom?
02/03/2009
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Prices have dropped pretty low. You can buy a house cheaper than in 2004 and that made me think, has the real estate market hit bottom? Maybe I'm too optomistic and maybe not. I mean real estate can't go down to zero. So what do you think A/R?… more
Will 2009 Be The Year That Real Estate Made The Comeback!?!
12/29/2008
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I see prices getting lower and then when I think they have gotten as low as they'll get, they get even lower. I'm thinking to myself, there has to be a floor, right? I mean, the price can't go down to zero, so there is a floor somewhere. But then… more
Has Anyone Successfully Closed a Bulk REO Deal?
12/07/2008
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For a while there everywhere you turned there was another person who had a bulk REO contact and or someone representing a buyer of bulk REOs. I'm not seeing as much of that lately. Which brings me to my question… Has everyone closed on their $50… more
Are People Still Walking Away?
10/27/2008
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Seeing another house today with a green pool and brown lawn made me think. Are people still walking away? I wonder if we are far enough into the housing crisis to say that walking away is less popular these days. What do you think A/R? Is the… more
Working From Home or Working From Office
10/06/2008
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I'm curious how many of the A/R crowd works from home and how many work from an office. I see working from the office as a traditional way of working in the business world but maybe that is being replaced by the convenience of working from home. I… more
The 700 Billion Dollar Question… Will The Bailout Bill Pass Today?
10/03/2008
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The Bailout Bill passed the Senate already and today (maybe) the House votes on it. Will it pass? What do you think A/R? Will it be Bailout Friday or will today be a Congressional Failout? more
Will The Bailout Help Your Business?
09/28/2008
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Well, looks like we have a bailout bill and the House votes tomorrow, the Senate on Wednesday. And now this has got me thinking. Will this help the real estate business? Will this kickstart the loan programs so people start to buy houses again?… more
Is It Easier To Get a LOan From The Bank or a Mortgage Broker?
09/24/2008
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I was thinking that lately its been pretty tough to get mortgages done. Which made me wonder. Is it easier to get a mortgage loan done if you work for the bank directly? Or do mortgage brokers still have an advantage in loan placement and funding?… more
What's the Big Deal?… It's Only $700 Billion…
09/23/2008
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Anyone else watching the Senate Banking Hearing with Paulson and Bernanke answering questions on their 'plan'? It's a Capitol Hill Classic! more
 

Craig Tone

Seal Beach, CA

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DMZ Mortgage

Address: 1126 Queens Hwy, Long Beach , CA, 90802

Office Phone: (562) 424-3558

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I like to hear opinions from others in the industry. Not everyone agrees with me. If you don't, that's fine. Thanks for stopping by.


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