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moneymaker
ParticipantIt’s a tough call for anybody in the situation, Glad I’m not, will say it is luck more than anything though as I too was “stupid” enough to make more than a few offers on those over priced houses, lucky for me someone was always more fool hardy. I would say “love it or leave it”. It must suck when the new person on the block is paying a mortgage that is half of what you are paying. I’m not the most financially savvy person but I’m learning.
moneymaker
ParticipantIt’s a tough call for anybody in the situation, Glad I’m not, will say it is luck more than anything though as I too was “stupid” enough to make more than a few offers on those over priced houses, lucky for me someone was always more fool hardy. I would say “love it or leave it”. It must suck when the new person on the block is paying a mortgage that is half of what you are paying. I’m not the most financially savvy person but I’m learning.
March 1, 2010 at 9:14 PM in reply to: The Internet may not have had the impact we all thought it would on housing #519599moneymaker
ParticipantI say we are about halfway there. When a house goes on the market,before it gets listed on the MLS,realtors from the listing company will see it first,hence so will there friends and contacts. If I want to sell my house myself I can’t put it on the MLS. So the big difference is really that you can now shop from the comfort of your own computer. I found zillow to be good at telling whether something was permitted,and there are even direct sites to look that stuff up on for free. I saw a house in city heights that is over 80 years old that someone paid over $400/sq.ft. so there are definitely a lot of crazy buyers out there.
March 1, 2010 at 9:14 PM in reply to: The Internet may not have had the impact we all thought it would on housing #519740moneymaker
ParticipantI say we are about halfway there. When a house goes on the market,before it gets listed on the MLS,realtors from the listing company will see it first,hence so will there friends and contacts. If I want to sell my house myself I can’t put it on the MLS. So the big difference is really that you can now shop from the comfort of your own computer. I found zillow to be good at telling whether something was permitted,and there are even direct sites to look that stuff up on for free. I saw a house in city heights that is over 80 years old that someone paid over $400/sq.ft. so there are definitely a lot of crazy buyers out there.
March 1, 2010 at 9:14 PM in reply to: The Internet may not have had the impact we all thought it would on housing #520173moneymaker
ParticipantI say we are about halfway there. When a house goes on the market,before it gets listed on the MLS,realtors from the listing company will see it first,hence so will there friends and contacts. If I want to sell my house myself I can’t put it on the MLS. So the big difference is really that you can now shop from the comfort of your own computer. I found zillow to be good at telling whether something was permitted,and there are even direct sites to look that stuff up on for free. I saw a house in city heights that is over 80 years old that someone paid over $400/sq.ft. so there are definitely a lot of crazy buyers out there.
March 1, 2010 at 9:14 PM in reply to: The Internet may not have had the impact we all thought it would on housing #520264moneymaker
ParticipantI say we are about halfway there. When a house goes on the market,before it gets listed on the MLS,realtors from the listing company will see it first,hence so will there friends and contacts. If I want to sell my house myself I can’t put it on the MLS. So the big difference is really that you can now shop from the comfort of your own computer. I found zillow to be good at telling whether something was permitted,and there are even direct sites to look that stuff up on for free. I saw a house in city heights that is over 80 years old that someone paid over $400/sq.ft. so there are definitely a lot of crazy buyers out there.
March 1, 2010 at 9:14 PM in reply to: The Internet may not have had the impact we all thought it would on housing #520520moneymaker
ParticipantI say we are about halfway there. When a house goes on the market,before it gets listed on the MLS,realtors from the listing company will see it first,hence so will there friends and contacts. If I want to sell my house myself I can’t put it on the MLS. So the big difference is really that you can now shop from the comfort of your own computer. I found zillow to be good at telling whether something was permitted,and there are even direct sites to look that stuff up on for free. I saw a house in city heights that is over 80 years old that someone paid over $400/sq.ft. so there are definitely a lot of crazy buyers out there.
moneymaker
ParticipantI think when it goes beyond the average time frame it takes to secure a job, it can indeed be called welfare. Remember though that the top 1% of Americans own 40% of the wealth, so why don’t we try to get them to spend some of their money.
moneymaker
ParticipantI think when it goes beyond the average time frame it takes to secure a job, it can indeed be called welfare. Remember though that the top 1% of Americans own 40% of the wealth, so why don’t we try to get them to spend some of their money.
moneymaker
ParticipantI think when it goes beyond the average time frame it takes to secure a job, it can indeed be called welfare. Remember though that the top 1% of Americans own 40% of the wealth, so why don’t we try to get them to spend some of their money.
moneymaker
ParticipantI think when it goes beyond the average time frame it takes to secure a job, it can indeed be called welfare. Remember though that the top 1% of Americans own 40% of the wealth, so why don’t we try to get them to spend some of their money.
moneymaker
ParticipantI think when it goes beyond the average time frame it takes to secure a job, it can indeed be called welfare. Remember though that the top 1% of Americans own 40% of the wealth, so why don’t we try to get them to spend some of their money.
moneymaker
ParticipantYep that’s kinda what I was afraid of if the stock market tanks and interest rates go up most of us are screwed. Louise Yamada is covering this right now on Bloomberg. Many people may be investing in long term bonds to get the better rates, when in fact they should probably be looking at shorter term bonds.
moneymaker
ParticipantYep that’s kinda what I was afraid of if the stock market tanks and interest rates go up most of us are screwed. Louise Yamada is covering this right now on Bloomberg. Many people may be investing in long term bonds to get the better rates, when in fact they should probably be looking at shorter term bonds.
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