- This topic has 280 replies, 23 voices, and was last updated 15 years, 6 months ago by sdrealtor.
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April 20, 2008 at 12:37 PM #190991April 21, 2008 at 1:40 AM #191231cashflowParticipant
For the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.
April 21, 2008 at 1:40 AM #191257cashflowParticipantFor the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.
April 21, 2008 at 1:40 AM #191285cashflowParticipantFor the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.
April 21, 2008 at 1:40 AM #191299cashflowParticipantFor the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.
April 21, 2008 at 1:40 AM #191345cashflowParticipantFor the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.
April 21, 2008 at 7:06 AM #191251sdrealtorParticipantIn my world it is people buying who want to and can afford to.I’d say its the normal diverse buying pool some of which was excluded from the market but has been let back in with improved affordability.
April 21, 2008 at 7:06 AM #191277sdrealtorParticipantIn my world it is people buying who want to and can afford to.I’d say its the normal diverse buying pool some of which was excluded from the market but has been let back in with improved affordability.
April 21, 2008 at 7:06 AM #191306sdrealtorParticipantIn my world it is people buying who want to and can afford to.I’d say its the normal diverse buying pool some of which was excluded from the market but has been let back in with improved affordability.
April 21, 2008 at 7:06 AM #191321sdrealtorParticipantIn my world it is people buying who want to and can afford to.I’d say its the normal diverse buying pool some of which was excluded from the market but has been let back in with improved affordability.
April 21, 2008 at 7:06 AM #191366sdrealtorParticipantIn my world it is people buying who want to and can afford to.I’d say its the normal diverse buying pool some of which was excluded from the market but has been let back in with improved affordability.
April 21, 2008 at 7:08 AM #191254SD RealtorParticipantHi cash –
From my perspective, no none of them are foreign money. Most of them are professionals either in the legal field, engineering/biotech field, and medical field. Most of them are renting and have money from a previous sale. A couple of them are retirees and I don’t know where the money came from at all. It is not my business to ask. Of the professional coupls, a few of them are dual income families but not all. In every case they have or are striving to have 20% to put down. In a few cases they are all or most all cash. In all cases they are buying for the long haul but they are not just jumping in feet first. Most all of them have been shopping for many months if not more, with the exception of one who is a relo from the southeast. Most of them do realize the prospects of future depreciation although they do vary in opinion on the scope of that depreciation regardless of my opinion. Many if not all of them are frustrated by the recent activity surge. I would imagine most of them will continue to wait although some of them will continue to shoot in lowball offers. Many kind of have the same thoughts as you mentioned above that the price is not great but doable for them. They may continue to wait for a month a year or many years. They all vary.
SD Realtor
April 21, 2008 at 7:08 AM #191282SD RealtorParticipantHi cash –
From my perspective, no none of them are foreign money. Most of them are professionals either in the legal field, engineering/biotech field, and medical field. Most of them are renting and have money from a previous sale. A couple of them are retirees and I don’t know where the money came from at all. It is not my business to ask. Of the professional coupls, a few of them are dual income families but not all. In every case they have or are striving to have 20% to put down. In a few cases they are all or most all cash. In all cases they are buying for the long haul but they are not just jumping in feet first. Most all of them have been shopping for many months if not more, with the exception of one who is a relo from the southeast. Most of them do realize the prospects of future depreciation although they do vary in opinion on the scope of that depreciation regardless of my opinion. Many if not all of them are frustrated by the recent activity surge. I would imagine most of them will continue to wait although some of them will continue to shoot in lowball offers. Many kind of have the same thoughts as you mentioned above that the price is not great but doable for them. They may continue to wait for a month a year or many years. They all vary.
SD Realtor
April 21, 2008 at 7:08 AM #191311SD RealtorParticipantHi cash –
From my perspective, no none of them are foreign money. Most of them are professionals either in the legal field, engineering/biotech field, and medical field. Most of them are renting and have money from a previous sale. A couple of them are retirees and I don’t know where the money came from at all. It is not my business to ask. Of the professional coupls, a few of them are dual income families but not all. In every case they have or are striving to have 20% to put down. In a few cases they are all or most all cash. In all cases they are buying for the long haul but they are not just jumping in feet first. Most all of them have been shopping for many months if not more, with the exception of one who is a relo from the southeast. Most of them do realize the prospects of future depreciation although they do vary in opinion on the scope of that depreciation regardless of my opinion. Many if not all of them are frustrated by the recent activity surge. I would imagine most of them will continue to wait although some of them will continue to shoot in lowball offers. Many kind of have the same thoughts as you mentioned above that the price is not great but doable for them. They may continue to wait for a month a year or many years. They all vary.
SD Realtor
April 21, 2008 at 7:08 AM #191326SD RealtorParticipantHi cash –
From my perspective, no none of them are foreign money. Most of them are professionals either in the legal field, engineering/biotech field, and medical field. Most of them are renting and have money from a previous sale. A couple of them are retirees and I don’t know where the money came from at all. It is not my business to ask. Of the professional coupls, a few of them are dual income families but not all. In every case they have or are striving to have 20% to put down. In a few cases they are all or most all cash. In all cases they are buying for the long haul but they are not just jumping in feet first. Most all of them have been shopping for many months if not more, with the exception of one who is a relo from the southeast. Most of them do realize the prospects of future depreciation although they do vary in opinion on the scope of that depreciation regardless of my opinion. Many if not all of them are frustrated by the recent activity surge. I would imagine most of them will continue to wait although some of them will continue to shoot in lowball offers. Many kind of have the same thoughts as you mentioned above that the price is not great but doable for them. They may continue to wait for a month a year or many years. They all vary.
SD Realtor
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