[kev374]

agree with gn, the upgrades are just bonuses to buyers and will not factor in significantly in negotiating price. However, they may give the home an edge against the competition without those features in terms of getting it sold.

[kev374]

agree with gn, the upgrades are just bonuses to buyers and will not factor in significantly in negotiating price. However, they may give the home an edge against the competition without those features in terms of getting it sold.

[kev374]

Ray, so you’re saying Family 1 will get a higher loan despite higher debt/lower income because their income qualifies for some kind of housing program? (CHAFA)?? Isn’t that ass backwards?

[kev374]

Ray, so you’re saying Family 1 will get a higher loan despite higher debt/lower income because their income qualifies for some kind of housing program? (CHAFA)?? Isn’t that ass backwards?

[kev374]

Ray, so you’re saying Family 1 will get a higher loan despite higher debt/lower income because their income qualifies for some kind of housing program? (CHAFA)?? Isn’t that ass backwards?

[kev374]

Ray, so you’re saying Family 1 will get a higher loan despite higher debt/lower income because their income qualifies for some kind of housing program? (CHAFA)?? Isn’t that ass backwards?

[kev374]

as far as I can see, the top end of the market is experiencing the most price drops at least here in South Orange County. I have seen $1.2 million houses purchased in 2005 listed now for a loss at $900k. A lot of speculators in that market as well. The top end is getting hammered just like the lower tiers.

As for the statistic about so many buyers for top end homes, using that view is erroneous. I would bet that MOST people with $1 mil. liquid net worth are already homeowners and not creating any significant new demand.

[kev374]

as far as I can see, the top end of the market is experiencing the most price drops at least here in South Orange County. I have seen $1.2 million houses purchased in 2005 listed now for a loss at $900k. A lot of speculators in that market as well. The top end is getting hammered just like the lower tiers.

As for the statistic about so many buyers for top end homes, using that view is erroneous. I would bet that MOST people with $1 mil. liquid net worth are already homeowners and not creating any significant new demand.

[kev374]

as far as I can see, the top end of the market is experiencing the most price drops at least here in South Orange County. I have seen $1.2 million houses purchased in 2005 listed now for a loss at $900k. A lot of speculators in that market as well. The top end is getting hammered just like the lower tiers.

As for the statistic about so many buyers for top end homes, using that view is erroneous. I would bet that MOST people with $1 mil. liquid net worth are already homeowners and not creating any significant new demand.

[kev374]

as far as I can see, the top end of the market is experiencing the most price drops at least here in South Orange County. I have seen $1.2 million houses purchased in 2005 listed now for a loss at $900k. A lot of speculators in that market as well. The top end is getting hammered just like the lower tiers.

As for the statistic about so many buyers for top end homes, using that view is erroneous. I would bet that MOST people with $1 mil. liquid net worth are already homeowners and not creating any significant new demand.

[kev374]

The thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.

I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.

I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀

[kev374]

The thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.

I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.

I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀

[kev374]

The thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.

I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.

I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀

[kev374]

The thing is that I really don’t care if my offer is rejected, it’s the sellers loss, that is just the reality of the market.

I have no urgency to buy, if not today I will wait and there will be much more choices a year from now.

I wanted to know if it’s better NOT to make an offer than make one that makes the seller want to get into fistfights 😀

[kev374]

The problem is that prices need to be cut 25% or more. Most sellers will NEVER do that because of a variety or reasons, they don’t have the cushion or are simply arrogant thinking they “deserve” the price they are asking.

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