[donaldduckmoore]

Empty properties, maybe a bit off the topic but this question came to my mind all of a sudden as we discuss. I have noticed that there are many properties on sale that are empty. How come homeowners are willing to wait with their empty houses for sale rather than to reduce their price a little bit to sell the properties more quickly. Is that the way to do business, or are they really rich?

[donaldduckmoore]

I agree, SD Realtor, although I hope the interest rate will go higher so that the house price will go lower, I hope the spike in bond rate is transient. Too much change in such a short time will have a lot of negative effects on the whole economy. I don’t expect bond rate increase is the culprit to steer our economy to a recession.

[donaldduckmoore]

I agree, SD Realtor, although I hope the interest rate will go higher so that the house price will go lower, I hope the spike in bond rate is transient. Too much change in such a short time will have a lot of negative effects on the whole economy. I don’t expect bond rate increase is the culprit to steer our economy to a recession.

[donaldduckmoore]

By the way, how does a bond rate or yield increase affect savings rate?

[donaldduckmoore]

By the way, how does a bond rate or yield increase affect savings rate?

[donaldduckmoore]

Most of the information is available from your agent, ie MLS. You may also go to some websites, such as foreclosure.com etc but I find that the information they give out is not very up-to-date.

[donaldduckmoore]

Most of the information is available from your agent, ie MLS. You may also go to some websites, such as foreclosure.com etc but I find that the information they give out is not very up-to-date.

[donaldduckmoore]

PC, it also depends on how high the interest rate can go. If it goes to the level when Ronald Reagan was the president, ie 14% or something, house buyers with downpayment and excellent credits cannot afford the payment also. You don’t want things to go to the extreme.

[donaldduckmoore]

PC, it also depends on how high the interest rate can go. If it goes to the level when Ronald Reagan was the president, ie 14% or something, house buyers with downpayment and excellent credits cannot afford the payment also. You don’t want things to go to the extreme.

[donaldduckmoore]

So what causes the yield rate or rate higher? This increase in rate will definitely have a extremely negative effect on housing market. Have we seen any? Anyone?

[donaldduckmoore]

So what causes the yield rate or rate higher? This increase in rate will definitely have a extremely negative effect on housing market. Have we seen any? Anyone?

[donaldduckmoore]

The big problem with the current house price still being elevated is because there are still lots of buyers. Unlike the housing bubble in the early 90s, there were not too many buyers. I am also waiting to buy but I guess the bubble will deflate very slowly this time because of all the subjective circumstances.

[donaldduckmoore]

The big problem with the current house price still being elevated is because there are still lots of buyers. Unlike the housing bubble in the early 90s, there were not too many buyers. I am also waiting to buy but I guess the bubble will deflate very slowly this time because of all the subjective circumstances.

[donaldduckmoore]

Littlelady, what area is that?

[donaldduckmoore]

Littlelady, what area is that?

[Author]

Posts