real estate los angeles bottom of the market: Where is the market headed? Which market
- 08/16/09 02:27 PM
My continuing saga. Every buyer that does not buy believes the market is going to continue to decrease under the weight of all the bank-owned properties that are said to be coming to the market. Every seller that does not sell now is expecting the market to get better in the next year or two for no explainable reason other than their desire. As frustrating as that can be, it is critical to look at the market stats for each area and each market within the geography (price, SFR v. condo, etc.). Our MLS puts out a great graph that shows … (0 comments)
real estate los angeles bottom of the market: Where is the market headed? Watch the signs, and count the 7-11s
- 08/09/09 04:45 PM
The million dollar question. I get asked every day by buyers and sellers. I get told every day by buyers and sellers, buyers that the market is going to go down further when the "hidden" foreclosures come to the market, and sellers that the market will be up next year as long as they can rent their place this year to cover their payment. I do not have a crystal ball. Or, another way to say it, I do not have a crystal ball. I do think we have to pay attention to signs and try to figure out what is … (1 comments)
My continuing saga. Every buyer that does not buy believes the market is going to continue to decrease under the weight of all the bank-owned properties that are said to be coming to the market. Every seller that does not sell now is expecting the market to get better in the next year or two for no explainable reason other than their desire.
;)
;)
