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little lady
Participant“First 2 weeks in May county wide numbers are down about 30%. After late reporters I’d expect to see volume is down 20%.”
Thanks, I can’t wait till the fall! Do have any assumptions on what will happen then? I keep reading that it might pick up then. Though I find it hard to believe.
Participant“First 2 weeks in May county wide numbers are down about 30%. After late reporters I’d expect to see volume is down 20%.”
Thanks, I can’t wait till the fall! Do have any assumptions on what will happen then? I keep reading that it might pick up then. Though I find it hard to believe.
ParticipantYes but when will the BIG house decline in prices hit?
Im waiting with baited breath……….
ParticipantYes but when will the BIG house decline in prices hit?
Im waiting with baited breath……….
Participant“How it possible that the overall median price for resale homes is up 1.7% ($565K vs. $555.5K) when every single constituent area is down significantly”:
I don’t know if this is why, but I read recently that the median went up because less people are able to buy starter homes. I thought it was strange too, especially since house prices(asking prices) in my area are falling. Before January ’07, there was nothing on the market below 400k, now there are 15 and climbing. Two are actually asking 299k for sfr……….ttfn
Participant“How it possible that the overall median price for resale homes is up 1.7% ($565K vs. $555.5K) when every single constituent area is down significantly”:
I don’t know if this is why, but I read recently that the median went up because less people are able to buy starter homes. I thought it was strange too, especially since house prices(asking prices) in my area are falling. Before January ’07, there was nothing on the market below 400k, now there are 15 and climbing. Two are actually asking 299k for sfr……….ttfn
May 15, 2007 at 11:25 PM in reply to: Gorgeous 5 bedroom 2 bath located in Poway. Priced to sell! #52988ParticipantI couldn’t see it it got flagged for removal…….is someone reading Pigginton?
Participant“Never use REALTOR® synonymously wit”h “real estate agent” (except when we do it two paragraphs later).”
LOL!!!
kev374
Thanks!! My agent is only getting 5%………wonder what that means……..
ParticipantI have a house, that I bought in the last downturn. I am selling it. It will close on the 15th now. It was sold at 15% less than peak price because houses are going down………..sorry
Participant“is April/May typically a high or low time of the year in terms of sales”
It seems to be mediocre……..
If you go to the sandicor website you can get some of this information for free. Every month is different, last year April was lower in sales than March, but I do not believe that is true for every April. I checked ’05 and April sales were actually higher……….ttfnhere’s the link…
http://sandicor.com/CLICK ON SALES STATISTICS
ParticipantThere seems to be no “spring rally” yet, and summer’s around the corner now! Do you think you see a trend forming?
May 10, 2007 at 11:56 AM in reply to: So if the U.S. dollar is 10-15% lower than 2005, than does it mean…. #52323Participant“Do you remember when mortgage rates were falling as the Fed were hiking rates? The reverse might happen this time.”
Do you mean to say that if the fed were to lower rates, mortgage rates might go up?
ParticipantThat’s mean you guys………everyone here misspells a word or two now and again(not to mention typo’s).
Anyway, thanks for the update. It makes me feel better cuz’ the house I have been lookin’ @ buyin'(wanted to lowball @ summer’s end) got snatched up.
ParticipantI don’t know about your area, but Santee and Lakeside has LOTS of homes under 400k to low 300k, now listed and I haven’t seen that in about two years………granted they are fixers and foreclosures, (all but a few) but it was unheard of even last year……..
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