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100 loans: Zero-Down Payment Loans - 01/17/08 09:23 AM
Here in Central Florida the housing market has been flat to struggling.  Home prices have dropped a bit (about 6% over the past year), but nothing disastrous.  Many sellers are holding out for top dollar, hoping to get as much or more for their home as they paid for it a year or two ago.  Many buyers are holding out for bottom dollar, hoping to get a "steal" on a house by paying no more than 50-80% of its current appraised value.  This has created a standoff, where the inventory of unsold homes has increased.
Now, there's a new challenge for buyers - … (4 comments)

 

David Holzmann

Mountain View, CA

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Holzmann & Associates

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