buyers: The sky is falling, the sky is falling.
- 04/16/08 09:40 AM
Well ok maybe not, but here in Southern California seems like a lot of the news would have you believe otherwise. Yesterday the Los Angeles Times reported that prices are down, sales while up compared to February are lower than normal seasonal increases, blah,blah, blah, http://www.latimes.com/news/local/la-fi-homes16apr16,1,5279643.story What isn’t being talked about: Well in my office just in the past 2 weeks some of my associates have seen as many as 12 offers on a single property. One even had multiple offers above the asking price. Now that’s not to say the pain is over, BUT median home prices across the state or average days … (6 comments)
buyers: Danger mixed with a lot of Opportunity.
- 03/26/08 05:16 PM
Are there a bunch of landmines scattered thru-out the housing market? You bet. Homes that are over-priced, have fallen into disrepair(some out of sight), neighborhoods that can and will continue to lose value, and many other potential pit-falls. It can be overwhelming trying to sort thru the mix. But if you are looking for some of the greatest opportunities to increase your personal wealth now may be the best time for you. Prices have been correcting for the past several months. Banks have been left with no choice but to foreclose on hundreds, even thousands of homes in some areas. And all they … (1 comments)
Well ok maybe not, but here in Southern California seems like a lot of the news would have you believe otherwise. Yesterday the Los Angeles Times reported that prices are down, sales while up compared to February are lower than normal seasonal increases, blah,blah, blah, http://www.latimes.com/news/local/la-fi-homes16apr16,1,5279643.story;)
;)
