To contribute to the “poll” I’m a homeowner and I’m looking to own more homes.
If anything, I’ve been looking less for homes lately than I have in the past year, because every time I look I see that most sellers are still in denial, much REO inventory hasn’t hit the market yet, and I don’t even bother with short sales offers because of the nightmares I’ve been reading about from other posters. I have a home, I can wait to buy another. No hurry whatsoever.
I am, however, very tempted to walk over to my neighbor’s places (distressed properties) and offer them cash for 25% less than what they’re asking.
