• English
  • Español
AGENTS: Did you know you can share a personalized version of this post? Learn more!
,

(English) Even the Naysayers Are Saying To Buy Now!

Disculpa, pero esta entrada está disponible sólo en Inglés Estadounidense.


Miembros: ¡regístrese ahora y configure su Post Personalizado & empiece a compartirlo hoy!

¿No es un miembro aun? Haga un clic aquí para aprender más acerca de la nueva función de KCM, Post Personalizados.

Have You Set Up Personalized Posts Yet? | Keeping Current Matters
31 comentarios
  1. David Mott
    David Mott Dice:

    No one will build if current prices are lower than the actual cost to build.

    If appraisers used the cost to build approach to establish value, and not comp to some artificially insane market values based on short sales and foreclosure sales, this crazy real estate market would stabilize.

    Talk to any home insurer and they may tell you that the folks coming in for insurance on their super good deal that they bought are surprised that they have to buy so much insurance. These upset folks must carry enough insurance to pay for the rebuild cost. Just wait until they are assessed for taxes!

    Is the bottom in yet?

    Responder
  2. Jane Foster
    Jane Foster Dice:

    Yes, it is definitely the time to buy. This makes the 4th recession I have been through in real estate in San Diego as a realtor, and you can always tell when the bottom is near. Even if properties drop a little more and predictions are 3-5% for the rest of 2011, the rates are so low now (they were at 19% when I started real estate) that if you wait until the rates start going up next year, you will loose any gain you made by waiting. Plus you can get anywhere from 4% to 10% and more depending on the price of the property by buying now. Plus we will go back to having an extreme shortage of inventory here with San Diego almost 90% built out with land only in the Oceanside area and the Otay Mesa area by the border. It’s the gorgeous weather! Jane Foster, San Diego Ocean Vu Homes for Sale

    Responder
  3. Alex Cortez
    Alex Cortez Dice:

    Unfortunately, even with compelling evidence/research that proves what many in the real estate industry have been saying (‘buy now, it really is the opportunity of of a lifetime’), there are buyers out there who remain unconvinced and will continue to wait in the sidelines. Whether it’s brilliant in their part (waiting on the bottom) or wishful thinking, we’ll see soon enough.

    Responder
  4. Jill Watts
    Jill Watts Dice:

    5/17/2011…Here in Clark County, Washington, the biggest, best deals are being snapped up immediately and there are bidding wars. The best priced homes go within 30 days. In February we had 12.1 months of home inventory to choose from, in March we had only 8.3 months of homes for sale to choose from to buy. Now in April we have 7.8. Renters! Wake Up! It’s time to buy!

    Responder
  5. s forbes
    s forbes Dice:

    … ever the contraian, the numbers just don’t support purchasing right now. Soon, maybe, but right now I would ask each contributor herein, «Have we seen the bottom?» If you say «Yes!», support this statement, please. The general market I live in decreased nearly

    The Builders Index, for the sixth month in a row was «flat», indicating nominal growth. In fact, April was indeed «up» month over month, from 540k to 570k, but down from $1.4m new home starts. The stated «shadow» market by the Feds was 3.8m houses, while the unoffical is 8% of the 131.9m houses in total US inventory.

    The challenge , of course, is having quantity of qualified home buyers at the entry point «first time home buyers»; this «bottom» feeds the process. With little demand at the lower level, the entire model simply stagnates, or, in a declining market, implodes. Accordingly, with regard to real unemployment as reported in G6 figures, nearly 18% (G3 figures only are those individuals who are eligible to receive unemployment, NOT those unemployed). 18%! AND, keep into mind, the government also uses an offset to these numbers by inserting the Birth/Death rate within each reporting period. These numbers are roughly 175k to 225k per period as well … so the real numbers are even greater than reported. Last month, McDonald’s hired 62k individuals. Super! One million individuals sought these positions … I will ask those who opined herein, please provide real numbers suggesting we’re in an inflationary modeling to support «this is a good time to buy!»

    http://campaign.r20.constantcontact.com/render?llr=skwwfvn6&v=001MLAw4fjEPpUsqfcOU5WuS0_QOLuduXU4N0BQc1Du0GOYN853-H98TfE9xHLQm9zQ6Dh6Fnnvhs3xm1zGobZldKW7yv5Wc_e4S7DGv5IPdzlXg1In5TXsBrvOqAWLY9sLxad2CCOp0FvdxDnNZV7bgXpU0azVb1TT

    Responder

Trackbacks y pingbacks

  1. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  2. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  3. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  4. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  5. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  6. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  7. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  8. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  9. […] Rent Decisions: Is the American Dream Always Wise? We are very familiar with this study as we posted on it back in May of last year. The paper does explain that over the last thirty years the […]

  10. […] is an article that may get you off of that home buying fence.   http://kcmblog.com/2011/05/17/even-the-naysayers-are-saying-to-buy-now/ var addthis_pub = 'innovationsimple'; var addthis_language = 'en';var addthis_options = 'email, […]

  11. […] Always Wise? In their paper, the professors do not dispute the social benefits of homeownership: Read more Categories: […]

  12. […] Naysayers say BUY NOW May 19th, 2011 the following appeared on “Keeping Current Matters” Even the Naysayers Are Saying To Buy Now!by The KCM Crew on May 17, 2011 · 16 comments […]

  13. […] a great article from The KCM Crew and their blog post, entitled “Even the Naysayers are Saying to Buy Now!”  Read what they blogged […]

Dejar un comentario

¿Quieres unirte a la conversación?
Siéntete libre de contribuir!

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *