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ParticipantThe listing agent said she had held 2 open houses and had the sign out there for a few weeks, nothing. If I had got to her last week I could have had it at the asking price. As soon as it hit the MLS it exploded.
Interesting. So the realtor wasted several weeks putting up signs and holding open houses rather than just listing it on the MLS the first day and getting a bunch of offers?
Just another one of those things that make you go “hmmmmm”.
The best deals are likely to go to those with inside connections. It is probably always this way in good and bad markets both.
ParticipantThat’s a whole lot of new rental and purchase property added into the mix downtown. That will put downward pressure on both rents and purchase prices for similar units.
ParticipantThat’s a whole lot of new rental and purchase property added into the mix downtown. That will put downward pressure on both rents and purchase prices for similar units.
ParticipantThat’s a whole lot of new rental and purchase property added into the mix downtown. That will put downward pressure on both rents and purchase prices for similar units.
ParticipantThat’s a whole lot of new rental and purchase property added into the mix downtown. That will put downward pressure on both rents and purchase prices for similar units.
ParticipantThat’s a whole lot of new rental and purchase property added into the mix downtown. That will put downward pressure on both rents and purchase prices for similar units.
ParticipantLet them have these rotten houses. Actually, the more I think about it, being mobile may be worth more than having a home. In my many years of working in the software industry, very few places that I’ve worked are still around. Several shut down while I worked there, still others were bought out and moved elsewhere. In my line of work it seems to pay to be able to pack up and move to where the work is. Sucks but that’s the way it seems to be.
ParticipantLet them have these rotten houses. Actually, the more I think about it, being mobile may be worth more than having a home. In my many years of working in the software industry, very few places that I’ve worked are still around. Several shut down while I worked there, still others were bought out and moved elsewhere. In my line of work it seems to pay to be able to pack up and move to where the work is. Sucks but that’s the way it seems to be.
ParticipantLet them have these rotten houses. Actually, the more I think about it, being mobile may be worth more than having a home. In my many years of working in the software industry, very few places that I’ve worked are still around. Several shut down while I worked there, still others were bought out and moved elsewhere. In my line of work it seems to pay to be able to pack up and move to where the work is. Sucks but that’s the way it seems to be.
ParticipantLet them have these rotten houses. Actually, the more I think about it, being mobile may be worth more than having a home. In my many years of working in the software industry, very few places that I’ve worked are still around. Several shut down while I worked there, still others were bought out and moved elsewhere. In my line of work it seems to pay to be able to pack up and move to where the work is. Sucks but that’s the way it seems to be.
ParticipantLet them have these rotten houses. Actually, the more I think about it, being mobile may be worth more than having a home. In my many years of working in the software industry, very few places that I’ve worked are still around. Several shut down while I worked there, still others were bought out and moved elsewhere. In my line of work it seems to pay to be able to pack up and move to where the work is. Sucks but that’s the way it seems to be.
Participantsdduuuuude is absolutely correct, this is going to happen. As for the carrying costs of all these dead assets, well the bailouts will help. They may choose to rent some of them out or do loan reworks that basically turn “homeowners’ into renters. There will also probably be some mysterious fires from time to time that take care of some of the unoccupied ones. Home prices may come down but it won’t be because of these foreclosures. The values of homes must be kept high! It’s just like the Soviet Union pretending that their harvest are at record yields while all of the store shelves are empty; the party line doesn’t reflect reality, everyone knows it but we just keep playing along. Be brave, comrades!
Participantsdduuuuude is absolutely correct, this is going to happen. As for the carrying costs of all these dead assets, well the bailouts will help. They may choose to rent some of them out or do loan reworks that basically turn “homeowners’ into renters. There will also probably be some mysterious fires from time to time that take care of some of the unoccupied ones. Home prices may come down but it won’t be because of these foreclosures. The values of homes must be kept high! It’s just like the Soviet Union pretending that their harvest are at record yields while all of the store shelves are empty; the party line doesn’t reflect reality, everyone knows it but we just keep playing along. Be brave, comrades!
Participantsdduuuuude is absolutely correct, this is going to happen. As for the carrying costs of all these dead assets, well the bailouts will help. They may choose to rent some of them out or do loan reworks that basically turn “homeowners’ into renters. There will also probably be some mysterious fires from time to time that take care of some of the unoccupied ones. Home prices may come down but it won’t be because of these foreclosures. The values of homes must be kept high! It’s just like the Soviet Union pretending that their harvest are at record yields while all of the store shelves are empty; the party line doesn’t reflect reality, everyone knows it but we just keep playing along. Be brave, comrades!
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