Comments on: Housing Forecast, 2008 Expected to be Slow http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Susan White http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-129063 Susan White Tue, 18 Dec 2007 21:37:14 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-129063 Good article. Check out www.housingrisk.com and see what is going on in Florida Good article. Check out http://www.housingrisk.com and see what is going on in Florida

]]> By: Scott http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-78412 Scott Sun, 30 Sep 2007 18:02:49 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-78412 I see noting good on the economic horizon. Inflation is up. Interest rates are up. The dollar is down. The federal deficit is a mess. The foreign trade deficit is terrible and will get even worse. Long term problems like Social Security and Medicare threaten to cripple the economy, yet we continue to spend on Defense like we are in a war against the rest of the world. Then there is the fiasco in Iraq. We have a moron for a President, a homicidal maniac for Vice President and a congress that is sure to screw up every thing the two idiots in the Executive branch miss. And the worst thing we have going are the fifty plus million brain dead haps that elected Bush, not once, but TWICE! Let’s face it, we are screwed. I see noting good on the economic horizon. Inflation is up. Interest rates are up. The dollar is down. The federal deficit is a mess. The foreign trade deficit is terrible and will get even worse. Long term problems like Social Security and Medicare threaten to cripple the economy, yet we continue to spend on Defense like we are in a war against the rest of the world. Then there is the fiasco in Iraq. We have a moron for a President, a homicidal maniac for Vice President and a congress that is sure to screw up every thing the two idiots in the Executive branch miss. And the worst thing we have going are the fifty plus million brain dead haps that elected Bush, not once, but TWICE!
Let’s face it, we are screwed.

]]> By: anon http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-48707 anon Fri, 15 Jun 2007 06:40:54 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-48707 I think that maybe things haven't really started yet. Inventory is rising and there are very few buyers. Interest rates are higher than they were, and fewer people can qualify for a loan due to tighter load requirements. There were several condos that sold in Florida (by the builder) for $145,000. The people who recently bought at $300,000 were not happy. They said that the builder promised not to sell the condos for less than a fair market price. The builder said that the hundreds of potential buyers that attended the auction had determined the fair market price. We may just be getting started. I think that maybe things haven’t really started yet. Inventory is rising and there are very few buyers. Interest rates are higher than they were, and fewer people can qualify for a loan due to tighter load requirements. There were several condos that sold in Florida (by the builder) for $145,000. The people who recently bought at $300,000 were not happy. They said that the builder promised not to sell the condos for less than a fair market price. The builder said that the hundreds of potential buyers that attended the auction had determined the fair market price. We may just be getting started.

]]> By: Tom http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-48338 Tom Tue, 12 Jun 2007 19:27:46 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-48338 Havens Good point, people forget that being a businessperson takes the skill of learning to hold on till bad times pass. It rarely is all gravy. Tom Havens

Good point, people forget that being a businessperson takes the skill of learning to hold on till bad times pass.

It rarely is all gravy.

Tom

]]> By: havensofmanhattan http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-48334 havensofmanhattan Tue, 12 Jun 2007 19:20:47 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-48334 I also agree that it's not falling apart. Coming from a construction family I can say that it has greatly hurt and even destroyed many builders. Staying alive is the name of the game right now for many small builders. I also agree that it’s not falling apart. Coming from a construction family I can say that it has greatly hurt and even destroyed many builders. Staying alive is the name of the game right now for many small builders.

]]> By: Thomas M. Mitchell http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/comment-page-1/#comment-48330 Thomas M. Mitchell Tue, 12 Jun 2007 18:31:02 +0000 http://www.therealestatebloggers.com/2007/06/12/housing-forecast-2008-expected-to-be-slow/#comment-48330 I would certainly agree that the market is not falling apart. It just takes a greater commitment to work smarter. It can be a great opportunity for agents that specialize in working with Sellers to provide "true" value added services to those Sellers facing some difficult decisions. I would certainly agree that the market is not falling apart. It just takes a greater commitment to work smarter. It can be a great opportunity for agents that specialize in working with Sellers to provide “true” value added services to those Sellers facing some difficult decisions.

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