- This topic has 125 replies, 14 voices, and was last updated 15 years, 8 months ago by paranoid.
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February 11, 2009 at 5:44 PM #345367February 12, 2009 at 10:32 AM #345046gnParticipant
Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
When a buyer shops for a house, the buyer has choices:
– Buy from an existing home from an individual.
– Buy an REO from the lender.
– Buy a new house from the builders.Currently home builders are facing downward price pressure from sellers of existing homes & REOs. In a free market, it doesn’t really matter that much “who leads the price reduction”. Eventually, all sellers will share the same fate.
February 12, 2009 at 10:32 AM #345370gnParticipantBanks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
When a buyer shops for a house, the buyer has choices:
– Buy from an existing home from an individual.
– Buy an REO from the lender.
– Buy a new house from the builders.Currently home builders are facing downward price pressure from sellers of existing homes & REOs. In a free market, it doesn’t really matter that much “who leads the price reduction”. Eventually, all sellers will share the same fate.
February 12, 2009 at 10:32 AM #345478gnParticipantBanks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
When a buyer shops for a house, the buyer has choices:
– Buy from an existing home from an individual.
– Buy an REO from the lender.
– Buy a new house from the builders.Currently home builders are facing downward price pressure from sellers of existing homes & REOs. In a free market, it doesn’t really matter that much “who leads the price reduction”. Eventually, all sellers will share the same fate.
February 12, 2009 at 10:32 AM #345510gnParticipantBanks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
When a buyer shops for a house, the buyer has choices:
– Buy from an existing home from an individual.
– Buy an REO from the lender.
– Buy a new house from the builders.Currently home builders are facing downward price pressure from sellers of existing homes & REOs. In a free market, it doesn’t really matter that much “who leads the price reduction”. Eventually, all sellers will share the same fate.
February 12, 2009 at 10:32 AM #345610gnParticipantBanks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
When a buyer shops for a house, the buyer has choices:
– Buy from an existing home from an individual.
– Buy an REO from the lender.
– Buy a new house from the builders.Currently home builders are facing downward price pressure from sellers of existing homes & REOs. In a free market, it doesn’t really matter that much “who leads the price reduction”. Eventually, all sellers will share the same fate.
February 12, 2009 at 9:56 PM #345572CardiffBaseballParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
February 12, 2009 at 9:56 PM #345893CardiffBaseballParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
February 12, 2009 at 9:56 PM #345999CardiffBaseballParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
February 12, 2009 at 9:56 PM #346033CardiffBaseballParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
February 12, 2009 at 9:56 PM #346131CardiffBaseballParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
February 12, 2009 at 10:35 PM #345578barnaby33ParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
Stunningly awesome in its simplicity. Who was the guy who made that assertion? I don’t suppose it can go below zero, but thats not really a useful guess. Other than that its wait and see. I get the feeling that the OP is itching to buy and looking to justify it.
Josh
February 12, 2009 at 10:35 PM #345898barnaby33ParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
Stunningly awesome in its simplicity. Who was the guy who made that assertion? I don’t suppose it can go below zero, but thats not really a useful guess. Other than that its wait and see. I get the feeling that the OP is itching to buy and looking to justify it.
Josh
February 12, 2009 at 10:35 PM #346004barnaby33ParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
Stunningly awesome in its simplicity. Who was the guy who made that assertion? I don’t suppose it can go below zero, but thats not really a useful guess. Other than that its wait and see. I get the feeling that the OP is itching to buy and looking to justify it.
Josh
February 12, 2009 at 10:35 PM #346038barnaby33ParticipantHow quickly we forget there is a floor on pricing in 4S since it’s fireproof.
Stunningly awesome in its simplicity. Who was the guy who made that assertion? I don’t suppose it can go below zero, but thats not really a useful guess. Other than that its wait and see. I get the feeling that the OP is itching to buy and looking to justify it.
Josh
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