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ParticipantFirst time buyers and foreclosure properties are really not a good combination.
With that said, what happens during a bust market is that eventually the foreclosure properties add up and basically drive the market. If 30+% of all sales are liquidations they tend to drive the pricing for most of the remaining 70% of the properties that do sell.
That means that if you stick around long enough you’ll get the benefits (low price) of a liquidation sale without having to deal with a lot of unforseeable problems that those properties sometimes have.
ParticipantFirst time buyers and foreclosure properties are really not a good combination.
With that said, what happens during a bust market is that eventually the foreclosure properties add up and basically drive the market. If 30+% of all sales are liquidations they tend to drive the pricing for most of the remaining 70% of the properties that do sell.
That means that if you stick around long enough you’ll get the benefits (low price) of a liquidation sale without having to deal with a lot of unforseeable problems that those properties sometimes have.
ParticipantFirst time buyers and foreclosure properties are really not a good combination.
With that said, what happens during a bust market is that eventually the foreclosure properties add up and basically drive the market. If 30+% of all sales are liquidations they tend to drive the pricing for most of the remaining 70% of the properties that do sell.
That means that if you stick around long enough you’ll get the benefits (low price) of a liquidation sale without having to deal with a lot of unforseeable problems that those properties sometimes have.
ParticipantFirst time buyers and foreclosure properties are really not a good combination.
With that said, what happens during a bust market is that eventually the foreclosure properties add up and basically drive the market. If 30+% of all sales are liquidations they tend to drive the pricing for most of the remaining 70% of the properties that do sell.
That means that if you stick around long enough you’ll get the benefits (low price) of a liquidation sale without having to deal with a lot of unforseeable problems that those properties sometimes have.
ParticipantIsn’t this “Super-Jenean” that the other housing blogs are constantly making fun of, or am I thinking of someone else?
ParticipantIsn’t this “Super-Jenean” that the other housing blogs are constantly making fun of, or am I thinking of someone else?
ParticipantIsn’t this “Super-Jenean” that the other housing blogs are constantly making fun of, or am I thinking of someone else?
ParticipantIsn’t this “Super-Jenean” that the other housing blogs are constantly making fun of, or am I thinking of someone else?
ParticipantIsn’t this “Super-Jenean” that the other housing blogs are constantly making fun of, or am I thinking of someone else?
December 16, 2007 at 7:29 PM in reply to: U.S. Housing Crash Deepens in 2008 After Record Drop #118551Participant“I know we weren’t predicting things would get this bad,” said Frank Liantonio, executive vice president for global capital markets at New York-based Cushman & Wakefield Inc., the largest closely held real estate services provider. “There were some signs there, but I don’t think anyone anticipated the level of dislocation that was actually created.”
We (Piggs) anticipated it.
December 16, 2007 at 7:29 PM in reply to: U.S. Housing Crash Deepens in 2008 After Record Drop #118685Participant“I know we weren’t predicting things would get this bad,” said Frank Liantonio, executive vice president for global capital markets at New York-based Cushman & Wakefield Inc., the largest closely held real estate services provider. “There were some signs there, but I don’t think anyone anticipated the level of dislocation that was actually created.”
We (Piggs) anticipated it.
December 16, 2007 at 7:29 PM in reply to: U.S. Housing Crash Deepens in 2008 After Record Drop #118717Participant“I know we weren’t predicting things would get this bad,” said Frank Liantonio, executive vice president for global capital markets at New York-based Cushman & Wakefield Inc., the largest closely held real estate services provider. “There were some signs there, but I don’t think anyone anticipated the level of dislocation that was actually created.”
We (Piggs) anticipated it.
December 16, 2007 at 7:29 PM in reply to: U.S. Housing Crash Deepens in 2008 After Record Drop #118758Participant“I know we weren’t predicting things would get this bad,” said Frank Liantonio, executive vice president for global capital markets at New York-based Cushman & Wakefield Inc., the largest closely held real estate services provider. “There were some signs there, but I don’t think anyone anticipated the level of dislocation that was actually created.”
We (Piggs) anticipated it.
December 16, 2007 at 7:29 PM in reply to: U.S. Housing Crash Deepens in 2008 After Record Drop #118779Participant“I know we weren’t predicting things would get this bad,” said Frank Liantonio, executive vice president for global capital markets at New York-based Cushman & Wakefield Inc., the largest closely held real estate services provider. “There were some signs there, but I don’t think anyone anticipated the level of dislocation that was actually created.”
We (Piggs) anticipated it.
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