Comments on: Are Home Price Values Finally Leveling Out?

By: AgentGenius

AgentGenius — Thu, 31 Dec 2009 07:47:34 +0000

#agnow Sun City have fairly well market too. I am confident that things will go smoothly especially for the first q... http://bit.ly/6vymvy

By: JR of Sun City Real Estate

JR of Sun City Real Estate — Wed, 30 Dec 2009 13:53:03 +0000

Sun City have fairly well market too. I am confident that things will go smoothly especially for the first quarter next year.

By: barbaramcmahon

barbaramcmahon — Thu, 24 Dec 2009 01:22:47 +0000

@agentgenius Are Home Price Values Finally Leveling Out? http://bit.ly/7qzJaB

By: Coldwell Banker DFW

Coldwell Banker DFW — Wed, 23 Dec 2009 21:57:08 +0000

Are Home Price Values Finally Leveling Out? (via AgentGenius): http://ow.ly/OX2g

By: Angelina Brenda

Angelina Brenda — Wed, 23 Dec 2009 19:18:19 +0000

Are Home Price Values Finally Leveling Out?: One group of real estate investment experts argues that you should.. http://bit.ly/8V0XMI

By: John Foreman

John Foreman — Wed, 23 Dec 2009 15:31:04 +0000

Are Home Price Values Finally Leveling Out? http://bit.ly/8u7OL0

By: Simon

Simon — Wed, 23 Dec 2009 01:58:34 +0000

I presumely feel we still have not yet found the levelling out in the real estate prices.
If you look at whats happening in European part, Middle-east, the breeze has touched now there. If we look what happened in Japan 10 years back, the property prices are still no where at the mark they were before.
So apparantelly, there is further more to drop. And it will take utmost 3rd Quarter of 2010 for things to show some good signs.
I would say cash is the king at the moment.
Thanks

By: USCybertek

USCybertek — Wed, 23 Dec 2009 01:17:57 +0000

Two areas hit hard by the housing downturn, Los Angeles & Miami, recorded 3rd quarter price increases above 4.0 percent.- http://ow.ly/OCto

By: Sal Antsipenka

Sal Antsipenka — Wed, 23 Dec 2009 00:38:49 +0000

There is a very heated debate these days about the nearest future of real estate in US and the world. Many clients of mine are asking about the recent trends because they heard of a second real estate crisis possibly coming in 2010. So what could be happening in recent months?

1. One group of real estate investment experts argues that you shouldn’t buy in 2010 at all because of several crusial investment factors. They argue that the low interest rates are the major factor. The lowest real estate prices should coinside with the highest interest reates not the lowest. If you buy a home with a mortgage today and the interest rates will eventually go up the home prices will go down again.

Another reason to wait on investing into real estate is recent yields. The best time to invest is when the real estate prices are down and the yields are high, so some experts’ advice is to wait until 2011 when the real estate market will free itself from extremes.

2. Second group of real estate experts argue that US home prices will definitely bottom out in March and that will be the best time to buy compared to December 2009 and the following winter months.

3. There is an opinion that the recent crisis will have -W- shape instead of -V- shape, i.e. there will be a moderate rise and then another fall before the world economy stabilizes and real estate will steadily go up for some extended time. So the advice is to wait again.

Here is what I think. You don’t have to think globally if you buy real estate. Check out what’s going on locally, because too many factors are important and come into play according to a specific situation. Major contributing factors are:

1. Mortgage and mortgage rates

2. Specific location and even specific community

3. Single Family Home, Estate, Waterfront home or Condo

4. Real local sales figures and demand

5. What homes/condos go into foreclosure

6. Your price range

Naples Florida is a good example. A number of my clients learned the hard way that waiting 3-4 months in recent situation within a certain price range will only make you pay more or look longer if you want a newer home or condo under $300,000 which seems to be the market today. More expensive homes sell way slower and foreclosures and short sales a much fewer in middle and upper price ranges, so a possibility to snatch a great deal depends on your quick reaction and your competition.

By: realdiggity

realdiggity — Wed, 23 Dec 2009 00:14:10 +0000

Are Home Price Values Finally Leveling Out?: comments http://bit.ly/7o5AG3

By: BHG Real Estate

BHG Real Estate — Tue, 22 Dec 2009 23:08:26 +0000

Are Home Price Values Finally Leveling Out? http://ow.ly/OAzV

By: PopREblogs.com

PopREblogs.com — Tue, 22 Dec 2009 21:01:15 +0000

Are Home Price Values Are Finally Leveling Out?: The IHS Global Insight survey studied 330 metropolitan areas, and ... http://bit.ly/5VS6Gc

By: RealEstate Babble

RealEstate Babble — Tue, 22 Dec 2009 20:13:56 +0000

AgentGenius: Are Home Price Values Finally Leveling Out? http://bit.ly/838Xvh Full http://bit.ly/8GeiDt

By: Real Estate Feeds

Real Estate Feeds — Tue, 22 Dec 2009 20:01:15 +0000

Are Home Price Values Are Finally Leveling Out?: The IHS Global Insight survey studied 330 metropolitan areas, and ... http://bit.ly/5VS6Gc

By: Thomas A. B. Johnson

Thomas A. B. Johnson — Tue, 22 Dec 2009 16:49:28 +0000

The 4th largest city in the US is apparently not significant enough to be included in the Case Schiller Index. I guess those yankees at Yale can’t tell the difference between Houston and New York City West, I mean, Dallas.

As a result, I have provided our market with a website where you can track the residential real estate where it really matters: the local level. This is important because Case-Schiller does not know we exist. . Clients can track their neighborhood here:

PropertyValuesinHoustonTexas.com

By: Eric Hempler

Eric Hempler — Tue, 22 Dec 2009 15:10:28 +0000

In the Twin Cities prices seem to be leveling off. We’ve entered a balance market recently and I think Spring will be interesting to see what happens.