buyers market: VIDEO: Low Mortgage Rates, Low Prices - So Where Are The Buyers?
- 07/25/10 05:04 AM
There's very little debate over the fact that this is a "Buyer's" Market" right now. The thing is that this time around it's a little different than in past market cycles. There are plenty of homes to choose from, prices are low (still declining in many areas) and interest are as ever. By all rights, there should be lots and lots of people buying houses right now. There aren't! There are buyers and they are buying houses but not at the pace that the market conditions should justify. Why not? Here's a short video that may be helpful in understanding part … (7 comments)
buyers market: Perfect Storm for Home Buyers in Connecticut
- 10/30/09 02:30 AM
I know that headline sounds like a line of insincere marketing hype. Unfortunately, in our business, someone is always saying "It's a great time to buy a house". LET'S FACE - IT'S NOT ALWAYS A GREAT TIME TO BUY A HOUSE! In an "UP" market when inventory is low and prices are high, you will likely find yourself in a bidding war if you are interested in a desirable house. Bidding wars are great for sellers - not so much for buyers. That's why they call it a seller's market. A buyer's market exists when prices are down and inventory … (1 comments)
buyers market: Ugliest House Principle - Will it help you make money on a home purchase?
- 08/31/09 02:36 AM
A little background before we start on the subject of ugly houses. Real Estate Markets are very, very local - so this article is based on recent experiences with clients who are buying homes in Danbury, buying homes in Bethel, buying homes in Brookfield and buying homes in New Milford.
Our MLS system in Greater Fairfield County, CT, showed 11 homes the other day with price increases. There were many more than that where the prices are being reduced so I can't conclude that we are now in an appreciating market but.... although they are a bit confusing there some … (1 comments)
buyers market: When Is A Seagull Like Buying A House?
- 06/24/09 06:26 AM
I heard an interesting parabolic riddle (I always wanted to say that) by an author on one of the morning television shows a while back. I was also on the phone, tripping over the dog's water bowl and trying to make breakfast at the same time so I didn't catch the name of the man who was talking. When my brain processed it a little later on it really struck me though. If there are four seagulls sitting on piece of driftwood and one of them decides to fly away, how many are left on the driftwood? The answer is four. … (0 comments)
There's very little debate over the fact that this is a "Buyer's" Market" right now. The thing is that this time around it's a little different than in past market cycles. There are plenty of homes to choose from, prices are low (still declining in many areas) and interest are as ever.
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