sellers: The Price of Waiting
- 06/11/08 01:28 PM
Buyers are waiting to buy expecting prices to drop further and sellers are waiting to sell until the market improves. Both are trying to "time" the market and it can't be done. Everyone is concerned about their "investment". The reality is unless you are buying/selling a property that is not your primary residence, you are not buying/selling an "investment".Your primary residence is your shelter, a place to make memories, and a great way to establish financial stability. An investment property is purchased with completely different goals and set of standards. The past 6 years have clouded people's perception of investing in … (0 comments)
sellers: Is It Really That Bad?
- 06/04/08 07:15 AM
Is It Really That Bad?Reuters recently reported the stock of unsold homes surged 10.5% to 4.55 million units. Their stats come from the National Association of REALTORS but it is deceiving to look merely at the numbers. The media thrives on a doom and gloom housing situation. Right now they are scaring buyers and sellers into thinking that we are drowning in inventory. I would compare the news reports on housing to a tsunami when the reality is we are in the middle of a hurricane. Both destroy lives but the perception of a hurricane is that they are seasonal and … (0 comments)
Buyers are waiting to buy expecting prices to drop further and sellers are waiting to sell until the market improves. Both are trying to "time" the market and it can't be done. Everyone is concerned about their "investment". The reality is unless you are buying/selling a property that is not your primary residence, you are not buying/selling an "investment".Your primary residence is your shelter, a place to make memories, and a great way to establish financial stability. An investment property is purchased with completely different goals and set of standards. The past 6 years have clouded people's perception of investing in … (0 comments)
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