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How far will it fall in 2008

By
Real Estate Agent with Northwest Ct Realty

 

 

A link to another great article from the real estate journal. This article says relief from the housing woes is unlikely  anytime soon, as stated in another article I read there today, "The President will ask Congress to shore up the Real Estate market without offering any new plans". Sounds like it will be a long haul!!!

 

http://www.realestatejournal.com/buysell/markettrends/20080103-frangos.html?refresh=on

Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Pat Baker Dream Home Maker
Hi David, Thank you for the link, I think.  I am really trying to stay positive in this crazy market. How is your inventory there?  Nothing is coming on new here and we went from high point of 202 to 67 homes on the market
Jan 03, 2008 08:07 AM
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

I just can't read any more articles about what the market is going to do or not do.

Here in St Pete Fl prices have gone down by 20% to 40% and with a lot of foreclosures and short sales closing soon, prices will go down even more

But on the bright site

My phone is ringing again, I have had more calls from buyers in the last two month than in all of 2007

the time is right, people are looking for a deal and if they find one, they will buy

so, I don't think all is that bad

Anne

 

Jan 03, 2008 08:18 AM